It’s been a difficult year for U.S. LNG exporters: we’ve repeatedly said this past summer was the Summer from Hell. Will conditions improve next year, or will we see a repeat of this summer, with dozens upon dozens of cargo cancellations? To look to next summer, let’s consider the 2020/2021

Scientists have repeatedly warned that colder temperatures in fall and winter could lead to a surge in COVID cases. Initial evidence supports that theory: cases are rising in the United States (especially in many northern states), Canada, and Russia. If COVID cases surge in the winter as predicted, domestic and

Ethane prices at Mont Belvieu have been on a roller coaster this year- from the lows of 10 cpg in March 2020, to 25 cpg in August, and more recently back to just under 20 cpg. A similar but more pronounced trend can be observed in the ethane frac-spreads at

Henry Hub prices are in flux. In early Sept, spot prices traded around $2.50/MMBtu, an increase of nearly 80% over lows seen in late June. More surprisingly, the natural gas benchmark was trading about 13% higher than levels seen in the same prior-year period, despite the COVID-19 pandemic and the

While U.S. crude exports are increasingly important for the health of the oil and gas complex, they have come under pressure amid the COVID-19 coronavirus. In this article, we’ll describe why crude exports matter, and why they’re probably going to drift upwards in subsequent months. Exports and Production The story

It’s been a tough Spring and Summer for U.S. propane markets. Netbacks from the international markets  have come under severe pressure due to COVID-19. While  prices bottomed out in March 2020, most benchmarks have still not recovered to year-ago levels, and export volume levels have only recently rebounded to year-ago