RBN Energy - Daily Energy Posts

As anyone who drives a car that requires premium gasoline will surely tell you, the large difference between the prices of regular and premium grades shows no signs of going away. Today, we look at how the two were once priced, when they diverged, and what it likely means for future prices.

U.S. Gulf Coast (USGC) crude exports remained remarkably resilient last week despite a sharp decline in crude prices and weather-related disruptions along the Texas coast.

U.S. LNG feedgas demand continued to climb last week, driven by higher intake at Corpus Christi, Freeport, and Golden Pass.

The USGC 3-2-1 crack spread has cooled from its spring highs, but refining margins remain exceptionally strong. June's average crack spread is running more than 100% above year-ago levels, supported by elevated gasoline and diesel cracks.

Midwestern states are important markets for natural gas producers in the Marcellus/Utica, as are states in the Mid-South, like Kentucky and Tennessee, and states in the Deep South. But expanding gas sales in those markets will require a lot more pipeline capacity, and that’s exactly what’s in the works.