Although several new ethane crackers and export facilities are on the horizon, Fitch Ratings said U.S. natural gas liquids (NGL) prices will remain weak for the rest of the year and into the medium term, but they could also get worse, in part due to oil and gas producers becoming more efficient with shale drilling.
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Articles from Fitch
Fitch: New Rail Crude Tank Cars to Be Costly
New regulations in the United States and Canada requiring a total changeout of crude oil tank cars will be costly for the rail and energy industries given the relative short time span for making the transition, Fitch Ratings said.
Fitch: New Rail Crude Tank Cars to Be Costly
New regulations in the United States and Canada requiring a total changeout of crude oil tank cars will be costly for the rail and energy industries given the relative short time span for making the transition, Fitch Ratings said.
U.S. Reserves Climb 11% in 2014, but Price-Induced Pain Ahead, Says Fitch
U.S. oil and natural gas reserves grew in 2014 by an average of 11% year/year, but that was before commodity prices took a big tumble, according to Fitch Ratings.
U.S. Reserves Climb 11% in 2014, but Price-Induced Pain Ahead, Says Fitch
U.S. oil and natural gas reserves grew in 2014 by an average of 11% year/year, but that was before commodity prices took a big tumble, according to Fitch Ratings.
U.S. Ethane Margins Have Staying Power, Fitch Says
Despite the global oil price collapse, U.S. ethane will retain its long-term cost advantage over naphtha as a feedstock for ethylene production, Fitch Ratings said in a note published Tuesday.
Michigan Sets Oil/Gas Drilling Rules For Residential Areas
Michigan’s Department of Environmental Quality (DEQ) has set new rules to help reduce protests against drilling noise and truck traffic problems in three populated counties in the southeastern part of the state, including suburban areas surrounding Detroit.
Fitch Sees Natural Gas Range-Bound Between $3.00-4.50
Two weeks after raising its U.S. natural gas price deck due to slightly better fundamentals, analysts with Fitch Ratings on Wednesday made the bold statement that they expect natural gas prices to be rangebound over the “next few years.”