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EIA forecasts new export licensing requirements will reduce U.S. ethane exports

by Laura Black | Jun 18, 2025 | Oil & Gas News

We forecast U.S. ethane exports will decrease by 80,000 barrels per day (b/d) this year and by 177,000 b/d in 2026 in our June Short-Term Energy Outlook because of new licensing requirements for U.S. exports of ethane to China. Any policy changes that relax licensing...

Amid regional conflict, the Strait of Hormuz remains critical oil chokepoint

by Laura Black | Jun 16, 2025 | Oil & Gas News

The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The strait is deep enough and wide enough to handle the world’s largest crude oil tankers, and it is one of the world’s most important...

U.S. natural gas storage capacity increased in 2024

by Laura Black | Jun 13, 2025 | Oil & Gas News

Underground working natural gas storage capacity in the Lower 48 states increased in 2024 according to our latest data. We calculate natural gas storage capacity in two ways: demonstrated peak capacity and working gas design capacity. Both increased in 2024....

Veterans Day Thoughts and Memories from the King Family

by Laura Black | May 21, 2024 | Blog, Heroes, Veterans

Laura Black, Director of Marketing, King Operating Corporation: “Veterans Day carries deep meaning in my family. Growing up, I’d visit my grandparents’ place and see my grandfather’s Army Air Corps medals, the black and white pictures of him...
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