What's Affecting Gas Prices This Week (Nov. 13, 2018)?

What's Affecting Gas Prices This Week (Nov. 13, 2018)?

Is it any wonder that gas prices have rocketed as wintry weather blankets consumers as early as the second week of November?

Greg Haas, Stratas Advisors

Frac Spread: Oil’s Fall Drags Others Down, But Nobody’s Out

Frac Spread: Oil’s Fall Drags Others Down, But Nobody’s Out

Correction was needed and crude may have landed in a place of relative stability.

Joseph Markman, Hart Energy

Energy Exports: Have Product, Will Travel

Energy Exports: Have Product, Will Travel

An abundance of supply and a superior refining sector have positioned the U.S. well in the global energy trade. But threats to export success, both foreign and domestic, loom.

Joseph Markman, Hart Energy

Kenny Feng: Capital Efficiency Remains Key For Midstream Sector

Alerian’s Kenny Feng: Capital Efficiency Remains Key For Midstream Sector

As U.S. midstream companies look to build infrastructure to deal with growing global demand, there will be a need to lure non-traditional investors to the table.

Terrance Harris, Hart Energy

Midstream Finance: Private Equity Fills Gap; Sector Needs Stability

Vaquero Midstream’s Brian Best explained the risks midstream faces as producers increase output. Analysts call for sector stability to bring back capital.

Hart Energy Staff

Frac Spread: Train Your Sights On Trade Troubles Ahead

Frac Spread: Train Your Sights On Trade Troubles Ahead

So far, so good may not be good enough if the U.S.-China trade war stays on this track in 2019.

Joseph Markman, Hart Energy

Oil Market Impact Of Jamal Khashoggi’s Disappearance

Oil Market Impact Of Jamal Khashoggi’s Disappearance

Stratas Advisors analysts believe the final outcome of investigations into Jamal Khashoggi’s disappearance will be limited, targeted U.S. sanctions that will leave crude oil flows unscathed.

Anas Abdoun and Ashley Petersen, Stratas Advisors

whats_affecting_natural-gas_prices

What's Affecting Gas Prices This Week (Oct. 16, 2018)?

The industry will have an even lower than expected ceiling on the level of working gas storage at the start of the heating season.

Stratas Advisors

Frac Spread: Too High, Too Fast?

Frac Spread: Too High, Too Fast?

Prices are careening wildly and they won’t stabilize anytime soon, say analysts.

Joseph Markman, Hart Energy

Global Oil Market To Face Surplus As Demand Growth Slows, IEA Says

In its monthly report, the IEA cut its forecast for non-OECD demand growth, the engine of expansion in world oil consumption.

Reuters

US Shale Oil Production To Hit Record High In December, EIA Says

The total oil production from the seven major shale basins in the U.S. was expected to rise 113,000 bbl/d, driven largely by increases in the Permian Basin, the EIA said.

Reuters

Global Oil Demand Under Growing Threat From Electric Cars, Cleaner Fuel

The IEA’s central scenario is for demand to grow by about 1 million barrels per day (MMbbl/d) on average every year to 2025, before settling at a steadier rate of 250,000 bbl/d to 2040 when it will peak at 106.3 MMbbl/d.

Reuters

Risking Trump Ire, OPEC Builds Case For Oil Production Cuts

Worried by a drop in oil prices and rising supplies, OPEC is talking again of reducing production just months after increasing it despite urges by U.S. President Donald Trump not to cut supply.

Reuters

Oil Majors Spending ‘Sweet Spot’ To Last To 2020

Big Oil is today in a spending sweet spot as years of cost cuts and rising oil prices converge but investments will need to rise after 2020 to boost output, said asset manager BlackRock.

Reuters

Permian Possibilities

The big basin keeps getting bigger, creating big challenges—and big opportunities—for a capacity-constrained midstream.

Paul Hart, Hart Energy

Frac Spread: Don’t Panic Over Gas Storage … Yet

U.S. inventories are well below levels of previous years, and an El Niño weather pattern could wreak havoc in early 2019.

Joseph Markman, Hart Energy

Frac Spread: Trump Challenges Oil Prices

The president takes on OPEC at the U.N. over the high cost of crude, but markets may ultimately set the terms.

Joseph Markman, Hart Energy

Frac Spread: Back To The Better Times

Best ethane price since 2012, best ‘barrel’ in four years invokes nostalgia.

Joseph Markman, Hart Energy

Frac Spread: Ethane’s Price Going Like Gangnam-Busters

Mont Belvieu ethane is up 110% for the year and surpasses 44 cents per gallon for the first time since 2012.

Joseph Markman, Hart Energy

Frac Spread: All (NGL Prices) Rise, Judge For Yourself

Resumption of dramatic price trends underscores the import of exports.

Joseph Markman, Hart Energy

Frac Spread: A Year From The ’Cane Marks Gain For Propane

Balances are tight, even considering the impact of Harvey in 2017, which could support higher prices into the fall.

Joseph Markman, Hart Energy

IEA: Gas To Overtake Coal As World’s Second Largest Energy Source By 2030

The Paris-based IEA said in its World Energy Outlook 2018 that energy demand would grow by more than a quarter between 2017 and 2040 assuming more efficient use of energy but would rise by twice that much without such improvements.

Reuters

China Overtakes Japan As World's Top Natural Gas Importer

China has overtaken Japan to become the world's top importer of natural gas, as Beijing's crackdown on pollution boosts its demand for the more environmentally friendly fuel, while the restart of nuclear reactors in Japan reduces its LNG imports.

Reuters

Energy Transfer Completes Last Segments Of Rover Natgas Pipe In West Virginia

U.S. pipeline company Energy Transfer said federal energy regulators approved the company's request to put the last two segments of its $4.2 billion Rover natural gas pipeline into service.

Reuters

US Refiners Boost Processing Capacity To Accommodate Shale

As U.S. oil production rises - setting records in average daily output nearly every month this year - the companies that convert crude to diesel and gasoline are increasing their ability to consume more crude and generate higher profits.

Reuters

HEADLINES: Billion-Dollar Deals; Production Surge; Election Effect

Chesapeake Energy and Encana made headlines this week with multibillion-dollar acquisitions. Also, crude oil and natural gas production hit new records and the industry is watching initiatives on the ballot in Colorado and Washington state next week.

Midstream Finance: Control The Narrative When Pursuing Investors For Buildout

Remember this when going public: It’s a clean slate and what transpired as a private company no longer matters.

Terrance Harris, Hart Energy

Enterprise Mulls Advancing Permian NGL Pipeline Conversion To Crude

Enterprise Products Partners LP said on Oct. 31 it could convert one of its NGL pipelines to crude oil out of the Permian basin as early as the second quarter of 2019, ahead of an earlier timeline of 2020.

Reuters

DGO Continues Appalachia Buildout With $183 Million Acquisition

Diversified Gas & Oil, known as DGO, said it acquired Core Appalachia Holding, a conventional producer and processor of natural gas in the southern Appalachian Basin.

Emily Patsy, Hart Energy

EPIC Buys South Texas NGL Facility From Southcross

EPIC’s purchase will also include a  pipeline for the Robstown facility to receive NGL from various pipelines that allow the delivery of fractionated products to several Corpus Christi-area markets

China Slashes US LPG Imports Amid Trade War

China has choked back on imports of liquefied petroleum gas (LPG) from the United States, traders and analysts said on Oct. 9, turning to the Middle East for extra supplies amid the two countries’ trade dispute.

Reuters

Total Finalizes Plans To Expand Texas Bayport Polymers In Petrochems Push

French oil and gas major Total has made a final investment decision to expand its Texas Bayport Polymers joint venture to double polyethylene production capacity to around 1.1 million tonnes a year (mtpy), the company said on Sept. 25.

Reuters

Analyst Sees Shorter Crude Market Cycles

According to Petral Consulting’s Dan Lippe, market cycles for U.S. crude, liquids and gas will change in the coming years as the country becomes more involved in global markets.

Frank Nieto, Contributor

Saudi Sees Deals Worth Billions At Summit Despite Boycotts

Saudi Arabia brushed off an outcry over the killing of journalist Jamal Khashoggi and went ahead on Oct 23 with an investment conference boycotted by Western political figures, leading international bankers and company executives.

Reuters

Mexico's Next Government Faces Bind In Pemex Ethane Deal

Mexico's incoming government will soon inherit a costly dilemma over an ethane supply contract between national oil company Pemex and a consortium led by a unit of Brazilian builder Odebrecht.

Reuters

EIA: US Crude Stocks Rise As Refining Slows, Gasoline Builds

The build in U.S. crude stocks fed recent selling in the oil market, which has also been happening in tandem with a broader sell-off across global equity and bond markets.

Reuters

Rising Use Of Plastics To Drive Oil Demand To 2050

Oil demand for transport is expected to slow by 2050 due to the rise of electric vehicles and more-efficient combustion engines, but that would be offset by rising demand for petrochemicals, an IEA said in a report.

Reuters

Morningstar Research: The Condensate Export Window Is Open

The tightening Asian market and expected sanctions against Iran dovetail with an abundance of U.S. supply.

Susan Klann, Contributor

Enterprise Begins Construction Of 10th NGL Fractionator In Mont Belvieu Area

New unit will boost company’s Mont Belvieu capacity to 905,000 bbl/d.

Like what you read?

Sign up to receive free Midstream Business Newsletters.