Tag Archives: Higher

Retail gasoline prices this summer are expected to be 11% higher than in summer 2017 (4/11/2018)

The U.S. Energy Information Administration (EIA) forecasts that drivers in the United States will pay an average of $ 2.74 per gallon (gal) this summer for regular gasoline, an increase of 11% over last summer, according to EIA’s Short-Term Energy and Summer Fuels Outlook. EIA’s forecast price for summer 2018 (which runs from April through […]

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 […]

Recent statistical revisions suggest higher historical coal consumption in China

September 16, 2015 Source: U.S. Energy Information Administration, China National Bureau of Statistics (NBS)Note: Revised data from or implied by China Statistical Abstract 2015; previously reported data from China Statistical Yearbook 2014. The values for coal reflect its lower heating value. New preliminary data from the China Statistical Abstract 2015 (CSA2015) show an upward revision […]

Unplanned refinery outage leads to higher Midwest gasoline prices

August 18, 2015 Source: U.S. Energy Information Administration, Note: PADD is Petroleum Administration for Defense District On August 8, the BP refinery in Whiting, Indiana, the of 413,500 barrels per calendar day (b/d), and it is an important source of gasoline and distillate fuel oil supply to the region. Press reports indicate that the largest […]

Efficiency moderates effects of higher electricity prices under proposed Clean Power Plan

June 11, 2015 Source: U.S. Energy Information Administration, Republished June 11, 2015, 9:30 a.m. to clarify expected electricity generation differences in certain regions. EIA’s of the Environmental Protection Agency’s proposed Clean Power Plan (CPP) rule finds that electricity prices are expected to rise. However, efficiency and price-induced conservation moderate the projected increase in consumer electricity […]

New supply patterns and additional disruptions push California gasoline prices higher

May 12, 2015 Source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update Republished May 12, 2015, 11:30 a.m., to correct an error in the text. Supply disruptions in the tightly balanced and relatively isolated California gasoline market have increased wholesale and retail gasoline prices over the past several weeks. This comes after markets had […]

Implications of higher domestic crude production for U.S. refining

May 7, 2015 Source: U.S. Energy Information Administration, based on Turner, Mason & Company In response to multiple requests over the past years, EIA is developing a series of analyses that address the implications of current limitations on crude oil exports for prices, including both world and domestic crude oil and petroleum product prices, and […]

Higher RIN prices support continued ethanol blending despite lower gasoline prices

February 23, 2015 Source: U.S. Energy Information Administration, based on Oil Price Information Service, Thomson-ReutersNote: RBOB is reformulated blendstock for oxygenate blending. With the exception of two short periods in late 2013 and the first quarter of 2014, when , spot ethanol prices have consistently been lower than gasoline prices from December 2011 through October […]

Because of cold start, average natural gas spot prices were higher in 2014

January 13, 2015 Source: U.S. Energy Information Administration, based on Natural Gas Intelligence (NGI) Driven by higher prices during the first three months of 2014, average wholesale (spot) prices for natural gas increased by 20% or more at most trading locations in the United States in 2014 compared to 2013. The average price of natural […]

Weather-driven energy intensity increase led to higher energy-related emissions in 2013

October 22, 2014 Source: U.S. Energy Information Administration, Annual CO2 Analysis; Census Bureau; Bureau of Economic AnalysisNote: Growth rates reflect annual changes. U.S. energy-related carbon dioxide (CO2) emissions increased in 2013 by 129 million metric tons (2.5%), the largest increase since 2010 and the fourth-largest increase since 1990. Emissions trends reflect a combination of economic […]

Lower demand, higher supply drive oil prices to lowest level since 2012

October 8, 2014 Source: U.S. Energy Information Administration, Bloomberg The price of North Sea Brent crude oil has fallen to around $ 91 per barrel, the lowest level in more than two years and about 21% lower than its year-to-date peak of $ 115 per barrel on June 19. Before its recent decline, average monthly […]

Higher Permian production, constrained infrastructure increase spread between WTI oil hubs

September 23, 2014 Source: U.S. Energy Information Administration, Thomson Reuters Increasing production of crude oil in the Permian Basin in western Texas, and has been increasing for almost a year, recent refinery outages in the region caused it to widen substantially. Several infrastructure projects that will allow more crude to flow from the Permian to […]

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