Tag Archives: decline

Coal mine starts continue to decline

September 23, 2015 Source: Mine Safety and Health Administration (MSHA)Note: Reactivated mines are those mines with production reported in previous years but not in the preceding year. The number of new and reactivated coal mines that began production in 2013 fell to the lowest level in at least the past 10 years. The addition of […]

EIA expects near-term decline in natural gas production in major shale regions

August 26, 2015 Source: U.S. Energy Information Administration, , August 2015 Natural gas production across all major shale regions in EIA’s (DPR) is projected to decrease for the first time in September. Production from these seven shale regions reached a high in May at 45.6 billion cubic feet per day (Bcf/d) and is expected to […]

Last Monday’s large percentage decline in crude oil prices was relatively rare

July 13, 2015 Source: U.S. Energy Information Administration, Thomson Reuters Note: Chart represents the number of times a daily percent change occurred in West Texas Intermediate (WTI) crude oil prices since January 2, 2006. The front-month futures price for crude oil benchmark West Texas Intermediate (WTI) declined 7.7% on Monday, July 6, the largest single-day […]

Oilfield costs fall following decline in oil prices

June 18, 2015 Source: U.S. Energy Information Administration, based on United States Bureau of Labor Statistics, As oil prices declined—falling more than 50% from June 2014 to January 2015, before increasing slightly in spring 2015—energy production companies focused efforts on increasing operating efficiencies. While are good indicators of the expansion or contraction of the oil […]

U.S. biodiesel and renewable diesel imports decline 36% in 2014

March 20, 2015 Source: U.S. Energy Information Administration, After reaching and the absence of a late-year influx of volumes from Argentina were two main factors in this decline. The strongest drivers of the resurgence in U.S. biomass-based diesel demand since 2012 have been increasing RFS targets and the on-again, off-again biodiesel tax credit. Biodiesel and […]

Falling rig counts drive projected near-term oil production decline in 3 key U.S. regions

March 17, 2015 Source: U.S. Energy Information Administration, Republished March 17, 2015, 10:00 a.m., text was modified to clarify content. EIA’s most recent . The DPR estimates, which were issued on March 9 and cover the months of March and April, include the first projected declines in crude oil production in these regions since publication […]

Total energy subsidies decline since 2010, with changes in support across fuel types

March 13, 2015 Source: EIA, Note: LIHEAP is the Low Income Home Energy Assistance Program. EIA has updated a , covering the 2013 fiscal year (FY). The most recent prior report reviewed subsidies in FY 2010, at or near the height of spending related to the American Recovery and Reinvestment Act of 2009 (more commonly […]

Oil price decline leads to lower tax revenues in top oil-producing states

March 12, 2015 Source: U.S. Energy Information Administration, based on . The decline in in the last half of 2014 and first month of 2015 has reduced oil and natural gas production tax revenues in some of the largest oil- and natural gas-producing states. Texas, North Dakota, Alaska, and Oklahoma are four of the five […]

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