Tag Archives: markets

Floating LNG regasification is used to meet rising natural gas demand in smaller markets

April 27, 2015 Source: EIA, based on . Floating regasification is a flexible, cost-effective way to receive and process shipments of liquefied natural gas (LNG). Floating regasification is increasingly being used to meet natural gas demand in smaller markets, or as a temporary solution until onshore regasification facilities are built. Of four countries planning to […]

Petroleum refinery outage in California highlights markets’ quick price reaction

February 27, 2015 Source: U.S. Energy Information Administration, This Week in PetroleumNote: . On February 18, an explosion and fire occurred at ExxonMobil’s refinery in Torrance, California. The Torrance refinery, the third-largest refinery in Southern California, has about 20% of the region’s capacity and is an important source of gasoline and distillate fuel oil supply […]

Oil and currency markets reflect expectations for lower global economic growth

November 20, 2014 Source: U.S. Energy Information Administration, based on Bloomberg Note: The U.S. dollar index measures the value of the U.S. dollar against a basket of six currencies’ exchange rates: the euro, Japanese yen, British pound, Canadian dollar, Swiss franc, and Swedish krona. An increase in the index means the dollar is appreciating against […]

Propane use for crop drying depends on weather and corn markets as well as crop size

October 2, 2014 Source: U.S. Energy Information Administration, Petroleum Marketing MonthlyNote: These data measure primary petroleum product deliveries in the states where they are locally marketed and consumed. Republished at 8:30 a.m. to correct an error in the text. The U.S. Department of Agriculture expects this to be slightly larger than last fall’s record harvest. […]

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