It’s Not Just the Size of Your Carbon Footprint
Concerns about Greenhouse Gas (GHG) emissions, specifically carbon emissions, are not new. They’ve been around for decades with focus really starting in the 1990s, and the Kyoto Protocol which was adopted in 1997. Since that time, a heightened focus on climate change and global warming has commenced and even broadened to now include what is […]
When Opportunity Knocks, Answer the Door
For independent natural gas producers, the saying “When opportunity knocks, answer the door.” has never been truer. Despite a high natural gas price environment, there have been limited production increases from major publicly held companies. Even with natural gas prices in excess of $5.00/MMBtu, US dry gas production has averaged about 92 Bcf/d over the […]
Weathering a Storm of Uncertainty: Refinitiv-RBAC 2021 Short-Term Global Gas and LNG Market Forecast
Background: When caught in a heavy storm there is a natural reaction to go into a mode of coping to the situation. That coping may get you through the storm but could have long term unexpected ramifications. Since the release of last year’s Refinitiv-RBAC 2020/2021 Winter Outlook a lot has changed in energy economics, operations, […]
Tight Markets and Tight Gas: “When will we fully recover?”
Global natural gas markets are currently ‘tight’ and expected to remain so in the near term, even with rebounds in tight gas supply basins. The rapid return of gas demand domestically and globally has outpaced the supply recovery since the spring of 2020. As a result, North American gas prices have increased to levels not […]
A Look at China’s Natural Gas Imports in the First Half of 2021
In April, RBAC, Inc. published “China’s LNG imports Outlook: Can the United States Capture More of the Market?” outlining the potential for the United States to capture more of the LNG market in China. Now, half a year later, we took another look at the price and volumes of pipeline gas and LNG imports into […]
In Today’s Energy Transition, Best Not Fly Blind
In 1929 Edwin Albert Link, finding that pilot lessons were too expensive, built the very first full flight simulator in his father’s basement. He named it “The Pilot Maker”, which was later renamed to the Link Trainer. Initially, it was not taken very seriously and sold at amusement parks for entertainment. However, at the time […]
Cyber Chaos: How significant would a prolonged attack be?
On May 7th, 2021, the Colonial refined product pipeline, which delivers approximately 45% of the gasoline and jet fuel consumed by the Southeast and eastern seaboard of the U.S., was hit with a cyber attack that shuttered operations for six days. Panic buying ensued and gasoline shortages quickly materialized – highlighting the critical importance of […]
The Dakota Access Pipeline Continues Operation for Now
What are the market impacts of a shut down? Energy Transfer’s Dakota Access Pipeline (DAPL) could still be shut down around March 2022 pending the results of the Army Corps of Engineers’ ongoing Environmental Impact Statement. The 570,000 barrel per day (bpd) pipeline transports crude oil 1,172 miles from the Bakken Formation in North Dakota […]
No Pain, No Gain: Can the US E&P Sector Bulk Back Up?
“No pain, no gain” is a saying often heard from gym rats. The motto means if you want to make gains, advance, get stronger, and become more resilient; you must be willing to suffer some pain. Through this suffering, muscles become strong, minds become better equipped to handle future challenges, assets are repurposed, skills advance, […]
China’s LNG imports Outlook: Can the United States Capture More of the Market?
The Asian natural gas market has always been a strong demand market. China has witnessed tremendous growth of 35% over the past few years, from 237 BCM in 2017 to 320 BCM in 2020. With the construction of regasification stations in the southeastern coastal areas, China’s LNG imports has increased year over year, from 50 […]
