Frac Spreads +9 to 78 76% – The percentage decrease in frac spread activity nationally from January 1st to current. (335 to 78) Gassy basins such as the TX-LA-MS Salt (parts of Texas, Louisiana, Mississippi – also referred to as Haynesville)…
By Mark Rossano Summary U.S. Frac Spread and Pricing Update The Rise of Product/Oil on a Global Level in Charts OPEC+ Shifts Won’t be Enough to Balance the Market Economic Data is Mixed in the U.S with Some Bright Spots…
By Mark Rossano Summary Update on Global Oil Markets A Review of Oil Demand- SURPISE- IT IS WEAK! OPEC+ Deal Review Libya Update and What It Means Economic Data Doesn’t Support Current Value Export/Import Data and What it Means Unemployment…
By Mark Rossano Sections: U.S. Production Levels and Frac Spread Counts Gasoline Demand Levels- will remain impacted throughout the remainder of the year Industrial Production Will Struggle for the Foreseeable Future U.S. Unemployment hasn’t Bottomed as the Second Wave of…
By Mark Rossano Sections Introduction Overview of Frac Spread Activity in the U.S. A Quick Run Down of Builds Throughout the U.S. Complex Implied Demand will Struggle as Spending Patterns/ Exports/ Travel Change European Flows Struggle as Imports from the…
By Mark Rossano SECTIONS National Frac Spread Overview A Deeper Dive into the EIA Data FED Actions and What it Means for Distillate Distillate a Key Bellwether for Economic Growth Europe’s Economy to Struggle for a Long Time Non-OECD (Emerging…
By Mark Rossano Sections: U.S Frac Spread Count to Fall Below 100 U.S. Remains Flooded with Crude- June to Go Negative PADD 3 and EIA Data Coming into Greater Focus as Tank Tops Getting Hit U.S. WTI June Futures Heading…
By Mark Rossano Section Breakdown Completion Crews Fall Further with More Pain to Follow Refiners and Global Refined Product Data Highlights More Pain to Come U.S. Crude Production Has Fallen- But Will it be Enough (short-answer: NO) OPEC+ Has to…
::: Commonly Asked Questions about our Updated Frac Spread Counts ::: 1. We’ve combined shale plays like the Marcellus and Utica into Appalachia (Appalachian Basin) as well as Uinta and Piceance which becomes Uinta-Piceance. We’ve added 20 new and…
By Mark Rossano Sections President Trump Tweets and the Responses from Abroad- Short Answer Fade the Rally Deep Dive on Country Breakdowns and Pricing for Spreads/ Futures/ Spot Crude Oil Export Country Specifics Highlighting the Oversupply Remains Even with an…