Tag Archives: Helps

Rail helps make Midwest a net shipper of crude oil

August 10, 2015 Source: U.S. Energy Information Administration, Note: Data for 2015 are averaged through May. PADD is Petroleum Administration for Defense District. Shipments of crude oil out of the Midwest region (Petroleum Administration for Defense District 2) to other U.S. regions have steadily increased as a result of pipeline reversals and rail transport. Rail […]

U.S. crude oil production growth helps reduce Gulf Coast imports

June 22, 2015 Source: U.S. Energy Information Administration, In recent years, higher domestic production of light, tight crude oil has regions. One of the key characteristics of crude oil is its density, measured by . Less-dense liquids have higher API gravities. Crude oils with API gravities of 35 or above are considered light; 27 to […]

Financial hedging helps some producers mitigate effect of falling oil prices

April 2, 2015 Source: U.S. Energy Information Administration, based on Evaluate EnergyNote: Hedging is a financial risk-reduction strategy that market participants can use to lock in future prices. The decline in crude oil prices since last summer has had a direct impact on oil producers’ sales revenue, but hedging strategies have lessened the effects of […]

Liberia: Eco-Lighting Helps Battered Monrovia See Beyond Ebola

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Photo: A worker at the Liberia Energy Network demonstrates how the solar-power lights are used. By Boakai Fofana Monrovia — In a shop near the heart of the densely packed West Point neighborhood in Liberia’s capital that was quarantined in August to slow the spread of Ebola, retiree Abubakar K. Sherif is hard at work […]

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