Tag Archives: market

U.S. job market and automotive sales trends support growth in gasoline use

September 15, 2015 Source: U.S. Energy Information Administration, U.S. have been an important factor in the increase in gasoline use so far in 2015, changes in the labor market and in the vehicle sales mix over the past few years also have contributed to the rise in gasoline use. Because more than 90% of U.S. […]

Saudi Arabia maintained crude oil market share in Asia in the first half of 2015

September 9, 2015 Source: U.S. Energy Information Administration, based on Global Trade Information Services and Apex In the first half of 2015, Saudi Arabia exported on average 4.4 million barrels per day (b/d) of crude oil to seven major trading partners in Asia, making up more than half of Saudi Arabia’s total crude oil exports […]

Domestic market for distributed wind turbines faces several challenges

August 27, 2015 Source: U.S. Energy Information Administration, based on U.S. Department of Energy 2014 The domestic market for distributed wind turbines has weakened since the record capacity additions in 2012. Last year’s installations of mid-size and small wind turbines were the lowest in a decade. Relatively low electricity prices, competition from other , and […]

Natural gas salt-facility storage serves special gas market needs

July 27, 2015 Source: U.S. Energy Information Administration, Form EIA-191, Note: Maximum working gas represents highest demonstrated levels of storage across all facilities. Natural gas stored in salt facilities, principally in the greater Gulf Coast gas-producing region, accounts for only 10% of storage capacity in the Lower 48 states, but it provides 28% of daily […]

Europe aims for wider electricity market coordination

June 19, 2015 Source: U.S. Energy Information Administration, Note: Cyprus and Malta (not pictured) do not import electricity. The European Union (EU) has long sought more reliable ways to produce and distribute electricity and to coordinate its energy markets, including greater cross-border trading of electricity. The February coupling of electricity markets in Italy and France […]

Concern over Nigeria’s ‘loss’ of LNG market


Concern over Nigeria’s ‘loss’ of LNG market 17 May 2012   The Nigeria Liquefied Natural Gas (NLNG) used to control ten per cent of the global market share. It has dipped to between seven and eight per cent. There are fears it may dip to five per cent, if its growth plans are not accelerated, […]

Midwest propane market more balanced than a year ago

February 6, 2015 Source: U.S. Energy Information Administration, Weekly Petroleum Status Report Higher inventories, milder weather, and falling crude oil and natural gas prices have resulted in a Midwest propane market that so far this winter has not experienced the challenges faced last winter, when the combination of depleted inventories and high winter demand . […]

Market expectations of oil price uncertainty have increased in recent months

January 14, 2015 Source: U.S. Energy Information Administration, Short-Term Energy Outlook, January 2015 Note: Confidence interval derived from options market information for the five trading days ending Jan. 8, 2015. Intervals not calculated for months with sparse trading in near-the-money options contracts. December was the sixth consecutive month in which monthly average Brent crude oil […]

California’s subhourly wholesale electricity market opens to systems outside its footprint

September 30, 2014 Source: (CAISO) On October 1, the grid operator for most of California will begin simulating the balancing of subhourly electricity supply and demand for (CAISO) to meet subhourly electricity imbalances, PacifiCorp anticipates enhanced reliability and cost savings, particularly in the face of higher levels of renewable energy generation in the West. This […]

Oil market slides on fading Iraq supply fears

Oil market slides on fading Iraq supply fears LONDON – World oil prices fell on Monday, reversing earlier gains as supply fears faded over the fast-moving crisis in key crude producer Iraq, analysts said. Brent crude for delivery in August slid 80 cents to $ 114.01 per barrel in London late … Read more on […]

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