Tag Archives: years

Electricity demand by U.S. manufacturing has declined in recent years

Overall electricity use in U.S. manufacturing has declined in recent years, based on data from the U.S. Census Bureau. Many manufacturing establishments have the option of generating their own electricity in addition to pulling directly from the electric grid to run their processes.

East Coast distillate fuel oil inventories higher than in recent years

September 25, 2015 Source: U.S. Energy Information Administration, Inventories of distillate fuel oil in the U.S. East Coast are higher now than they have been in the previous three years, reaching 59 million barrels on September 18. Most of the recent increase is in the Central Atlantic region, but inventories are also higher in New […]

Global solar photovoltaic manufacturing production slows in recent years

September 14, 2015 Source: International Energy Agency, Note: Values include wafer and thin-film modules. Values are presented in gigawatts direct current. Growth in solar photovoltaic (PV) module production has slowed in recent years to 4% annually from 2011 to 2013 after increasing by an average of 78% from 2006 to 2011. In addition, the gap […]

Gasoline prices in week before Labor Day lowest in 11 years

September 4, 2015 Source: U.S. Energy Information Administration, The U.S. average retail price for regular gasoline was $ 2.51/gallon (g) on August 31, the lowest price for the Monday before Labor Day since 2004, and 95¢/g lower than the same time last year. Declines in crude oil prices are the main driver behind falling U.S. […]

Average diesel retail price below gasoline price for first time in six years

July 23, 2015 Source: EIA, On July 13, the U.S. average diesel fuel retail price fell below the average regular gasoline retail price for the first time since the week of August 10, 2009. From August 2009 through June of this year, retail diesel fuel sold at an average premium of 34 cents per gallon […]

Nigeria: At Least N11.56 Trillion Excess Crude Fund Unaccounted for in Eight Years

By Joshua Olufemi and Richard Akinwumi At least N11.55 trillion or $ 84.52 billion expected revenue into the coffers of the nation’s Excess Crude Account for the eight-year period from 2007 to 2014 are unaccounted for, according to findings by PREMIUM TIMES based on now available data from multiple government agencies not made public until […]

Summer gasoline prices are lowest in years

July 14, 2015 Source: U.S. Energy Information Administration, Short-Term Energy Outlook The average retail price for motor gasoline this summer (April through September) is expected to be $ 2.67 per gallon, the lowest price (in real dollars, meaning adjusted for inflation) since 2009, based on projections in EIA’s July (STEO). This decline is mainly the […]

EIA celebrates 20 years on the Internet

June 30, 2015 Source: U.S. Energy Information Administration Note: On July 1, 1995, the U.S. Energy Information Administration (EIA) became the first agency within the U.S. Department of Energy to venture onto the Internet. In an era before Google, Facebook, and Internet Explorer, the Internet had about 40 million users and 23,500 websites. The seven […]

Under sanctions, Iran’s crude oil exports have nearly halved in three years

June 24, 2015 Source: U.S. Energy Information Administration, based on Lloyd’s List Intelligence, Global Trade Information Services, Eurostat, and trade press Note: Values may not add to the total because of independent rounding. Note: OECD is the Organization for Economic Cooperation and Development. In early April this year, Iran and the five permanent members of […]

U.S. energy-related carbon dioxide emissions increase in past two years

April 20, 2015 Source: U.S. Energy Information Administration, For the second year in a row, energy-related carbon dioxide (CO2) emissions in the United States have increased. However, unlike 2013, when emissions and gross domestic product (GDP) grew at similar rates (2.5% and 2.2%, respectively), 2014’s CO2 emissions growth rate of 0.7% was much smaller than […]

U.S. oil production growth in 2014 was largest in more than 100 years

March 30, 2015 Source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. crude oil production (including lease condensate) increased during 2014 by 1.2 million barrels per day (bbl/d) to 8.7 million bbl/d, the largest volume increase since recordkeeping began in 1900. On a percentage basis, output in 2014 increased by 16.2%, the highest growth rate […]

Growth in residential electricity prices highest in 6 years, but expected to slow in 2015

March 16, 2015 Source: U.S. Energy Information Administration, Electric Power Monthly and Short-Term Energy Outlook Residential electricity customers in most areas of the country experienced large increases in retail electricity prices during 2014, with the average U.S. residential price increasing 3.1% over the previous year. The increase represents the highest annual growth rate since 2008. […]

U.S. household gasoline expenditures in 2015 on track to be the lowest in 11 years

December 16, 2014 Source: U.S. Energy Information Administration, Short-Term Energy Outlook The average U.S. household is expected to spend about $ 550 less on gasoline in 2015 compared with 2014, as annual motor fuel expenditures are on track to fall to their lowest level in 11 years. Lower fuel expenditures are attributable to a combination […]

Coal stockpiles at coal-fired power plants smaller than in recent years

November 6, 2014 Source: U.S. Energy Information Administration, Coal stocks at electric power plants, which totaled 121 million tons at the end of August, are relatively low in both absolute and days of burn terms relative to recent historical norms. This is true both nationally and in the Upper Midwest. About two-thirds of coal used […]

Not Ready to Buy or Sell Your Equipment?

Join our international network of oilfield buyers & sellers! 
We respect your privacy as well as your time and that's why we only send our newsletter no more than TWICE A MONTH.
 
ADD ME TO THE LIST
Two emails per month (maximum). No ads. No affiliate links.