Tag Archives: large

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 […]

Large reduction in distillate fuel sulfur content has only minor effect on energy content

February 24, 2015 Source: U.S. Energy Information Administration, Note: Distillate fuel volumes with sulfur content below 15 parts per million produced before 2004 are included in the ‘between 15 and 500 ppm’ category. Distillate fuel supply for 2014 includes estimated volumes for December 2014 from the Short-Term Energy Outlook, February 2015. Republished February 24, 2015, […]

Energy for growing and harvesting crops is a large component of farm operating costs

October 17, 2014 Source: 2013 (ARMS) The U.S. agriculture industry used nearly 800 trillion British thermal units (Btu) of energy in 2012, or about as much primary energy as the entire state of Utah. Agricultural energy consumption includes energy needed to grow and harvest crops and energy needed to grow livestock. Crop operations consume much […]

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