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Irving St. John Refinery FCC Restarts, RBOB Gasoline Futures Price Falls
The prompt month NYMEX RBOB gasoline futures contract fell $0.031/gal to $0.914/gal February 11, 2016 following a notice by Genscape that Irving’s 300,000 bpd St. John, NB, refinery restarted a fluid...
View ArticleGenscape’s Real-time, Proprietary NGL Pipeline, Ethylene Cracker &...
NGL & petrochemical traders gain critical insight & transparency into North American NGL market with access to real-time alerts, news & eventsFebruary 17, 2016, Houston, TX – Genscape today...
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Genscape Detects Shutdown & Restart of Forties Pipeline System, Brent...
The April ICE Brent futures contract price spiked and then fell slightly February 12, 2016, following multiple Genscape notices regarding the shutdown and restart of BP’s 1.15mn bpd Forties Pipeline...
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Four Tankers Headed to European Destinations with Iranian Crude
In recent days, tankers chartered by several European companies such as Total, Litasco, and Cepsa were monitored loading crude at Kharg Island, a major Iranian loading port, according to Genscape. The...
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ERCOT Wind Generation Dynamics and Impacts on Power Pricing
In a winter season marked by weak wholesale power prices resulting from mild temperatures, low natural gas pricing and record wind generation, the variability of wind generation is a significant driver...
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California Solar Generation Hits New Records
On Wednesday, February 16, 2016, utility solar generation in California hit a new record of 6,486 MW, according to California ISO. Utility generation surpassed that again on Monday, February 22, 2016,...
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A Day in the Life of a Genscaper: MI Spotlight
A Day in the Life of a Genscaper– Market Intelligence Spotlight!This post is part of a series showcasing Genscape's talented and diverse group of employees. We feature these periodic, casual employee...
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Cushing, OK, Storage Domino Effect Sends USGC Stocks Higher
U.S. Gulf Coast storage inventories have increased nearly 7mn bbls so far in 2016, and could continue to build as market participants seek storage there as an alternative to Cushing, OK, where stocks...
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Refinery Demand Cuts Drive St. James Crude Stocks to Record High
Crude stocks in St. James, LA, climbed 1.9mn bbls to a record high the week ending February 26, 2016 and could continue to increase if crude demand falls further at U.S. Midcontinent refineries that...
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Players Seek Tank-Car Storage in Uneconomic Crude-By-Rail Environment
Low crude prices and narrowing price spreads have persisted to cause the once-burgeoning U.S. crude-by-rail industry to slow considerably, but the unfavorable rail economics have led to the growth of a...
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WTI Price Gains After Cushing, OK, Hub Hits Record High Storage, Capacity...
Crude inventories at Cushing, OK, reached a record high for the week ending March 4, 2016, but the pricing market did not respond conventionally to the news of added supply. Instead of falling, the...
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Iranian Crude Exports Increase After Sanctions End
Iran’s crude exports have broadly increased in line with the country’s expectations announced in mid-January, when economics sanctions related to its nuclear program ended. Destinations for Iranian...
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Are Higher Ethane Prices Here to Stay?
Over the last several weeks, the price of ethane at Mont Belvieu has risen sharply, increasing ethane’s premium over natural gas from 2 cents per gallon in February to over 6 cents today. This move...
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Winter 2015-16 North American Regional Weather Recap
Winter 2015-16 featured anomalous warmth across a vast expanse of the nation, with the strongest departures from normal focused along the northern tier. As a result of persistently mild conditions,...
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Valley Congestion Risks in ERCOT
In recent weeks, congestion along a line in southern Texas – LOMA_A_L_FRES1 – has been observed a number of instances in the real-time (RT). Despite the fact that this constraint is relatively small...
View ArticleWorking a Career Fair: How Best to Prepare and Make a Stellar Impression!
Genscape’s HR team has attended a number of career fairs as an employer and have found it be an incredibly valuable experience when it comes to identifying new talent and building our brand. It is so...
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Analyzing Monthly Congestion Patterns: April 2015 vs April 2016
Knowing what happened in the past is important when preparing for upcoming similar trading periods. At Genscape, our team consistently monitors the market to establish a deeper knowledge of key market...
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REX Pipeline to Halt Flow of Gas Between Mid-Ohio and Indiana
On Friday, March 25, 2016, Rockies Express posted a notice related to planned compressor station tie-in work in July 2016 related to the REX Zone 3 Capacity Enhancement project. The notice text notes...
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De-risk Short Positions in the Day Ahead Market
In January 2016, Genscape introduced a blog demonstrating the value the Nodal Market Insights application brings towards understanding and executing around congestion risks. Specifically given the...
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Retirement of Huntley Coal Plant Drives Volatility and Congestion in NYISO...
During Winter 2015-16, it looked like the price of power in Buffalo, NY was going to be at record-breaking lows for the year. Gas prices were cheap, wind generation was abundant, and power prices were...
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