The White House has issued a 60-day waiver of the Jones Act, which will allow foreign tankers to move crude oil and refined products between U.S. ports in a bid to cool gasoline prices. Today, we dive into what the waiver could mean for U.S. refiners, consumers, and other market participants.

Today, we detail U.S. plans to release 172 MMbbl from the Strategic Petroleum Reserve, examine how it compares with U.S. actions after the Russian invasion of Ukraine in 2022, and why the SPR could drop to levels not seen since the Reagan administration.

It’s been a busy few years for big-money M&A in the oil and gas industry. Now, having acquired their targeted assets — often running up debt in the process — several E&Ps have been selling off non-core holdings and, with those deals, zeroing in on the shale basins they see as the keys to their success.

Russia’s 2022 invasion of Ukraine not only led to the demise of Russian pipeline gas supplies to Europe and caused prices to spike, but it also helped create new arbitrage opportunities for U.S. LNG shippers. In today’s RBN blog, we look at the different approaches the U.S. upstream has adopted in response.

Despite ongoing efforts by Pemex to boost production of gasoline, diesel and jet fuel, the Mexican market still depends on imports from the U.S. for just over half of its refined product needs. And moving nearly 700 Mb/d of transportation fuels to population centers south of the border is no easy task.

There’s no shortage of debate around ethanol and gasoline with the summer driving season just around the corner. Farm and biofuels groups are pushing hard for policies favoring expanded ethanol use, while refiners are lobbying for changes to the Renewable Fuel Standard to make it less complex and unpredictable.  The current spike in fuel prices adds another (though likely short-term) component to the debate. Today, we’ll dive into the debate, focusing on ethanol blending policies.

With Canadian crude oil production continuing to grow, the industry and politicians are considering options to add pipeline export capacity out of Western Canada. In today’s RBN blog, the second of a series, we review the major pipeline projects that have expanded markets for Western Canadian Sedimentary Basin crude oil since 2010, and how those expansions lined up with supply growth.

A major theme under the second Trump administration has been “energy dominance,” with a focus on expanded drilling, increased oil and gas production, and an easier path to project approvals. Today, we explain why the goal of “energy dominance” doesn’t mean going it alone, especially when it comes to the refining sector.

“Location, location, location” doesn’t just apply to residential and commercial real estate. It also holds true for natural gas storage, which is in high-and-rising demand along the Texas/Louisiana border, where a slew of new LNG export capacity is coming online — new gas-fired power plants, too.

Propane has powered Olympic kitchens, lifted hot-air balloons across the English Channel and helped turn a quiet patch of southeastern Texas into the center of the NGL universe. It has also had many larger-than-life “wild” characters push the business forward.