Hurricane Proof part 2 – How about LNG Facilities?
Red Sky at Night, Sailor’s DelightRed Sky in Morning, Sailor’s Warning Just a few weeks ago, RBAC published “Has Shale Production made us Hurricane-proof?” which examined how hurricane damage comparable to the 2005 Katrina and Rita storms might impact the natural gas markets today. This analysis coincided with what was feared might be a 1-2 […]
A Curse or a Blessing? RBAC’s 20Q2 Natural Gas Market Outlook Speaks Volumes
May you live in interesting times. Wikipedia suggests this is “an English expression that purports to a translation of a traditional Chinese curse”; seemingly a blessing but with ironic overtones. How true this proverb is and how interesting the current times are, if interesting is even the appropriate adjective. Since our last quarter’s outlook, we […]
In Like a Lamb, Out Like a Lion: RBAC’s 20Q1 Outlook
Occasionally, what appear to be relatively insignificant events metamorphosize into shockingly strong market impacting chaos. The events over the last three months truly reflect the saying “In Like a Lamb, Out Like a Lion” and are captured in the release of RBAC’s 20Q1 GPCM® Natural Gas Market Forecasting SystemTM outlook. This update includes major revisions […]
Where Are We and What is a Handbasket
Co-written by: Scott McKenna, Director, Global Energy Analysis, RBAC, Inc When electronic trading opened on Sunday night, March 8th, all hell broke loose for WTI crude oil, as the market gapped lower by nearly $10/Barrel (Bbl). The price decimation was driven by Saudi Arabia cutting their crude oil Official Selling Price (OSP) and reversing production […]
China Sneezes, Henry Hub Catches a Cold
Proximity is the key ingredient in many facets of life — whom you marry, friends you make and keep, your first job — are just a few examples. But as the world becomes more interconnected through technology and advanced transportation networks, proximity’s reach has become nearly limitless. Comparably, the shale revolution and removal of the […]
It Takes Two to Tango – Supply Growth is Slowing but Demand is Needed to Revive Prices
In RBAC’s 2019 Quarter 4 gas market outlook (19Q4base), using the GPCM® Natural Gas Market Forecasting System™, a key focus in the near-term forecast is the impact of lower natural gas prices on supply and demand balances and related implications for LNG exports. Undoubtedly, low natural gas prices have led to a rough winter for […]
Are Natural Gas Write-Downs a Temporary or Long-Term Phenomenon?
There is a lot at stake in the current natural gas environment that impact not only the natural gas players but the entire energy industry. To realize how much is at stake, we only need to look back a week to an article from the Wall Street Journal discussing Chevron’s $10 Billion write down. The […]
