January 8, 2015 Source: U.S. Energy Information Administration, , based on SNL Energy physical market survey Eastern spot steam coal prices declined in 2014 compared to 2013 levels because of a decline in steam coal exports. The price declines were particularly pronounced in the second half of the year, as natural gas prices dropped below […]
Tag Archives: prices
January 7, 2015 Source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update Across the country, retail prices for regular grade gasoline reached the lowest levels in four years primarily as a result of in the second half of 2014. As of December 12, the weekly retail price for regular gasoline in each city for […]
January 6, 2015 Source: U.S. Energy Information Administration, based on Bloomberg Crude oil in the fourth quarter of 2014 as robust global production exceeded demand. After reaching monthly peaks of $ 112 per barrel (bbl) and $ 105/bbl in June, crude oil benchmarks Brent and West Texas Intermediate (WTI) fell to $ 62/bbl and $ […]
December 15, 2014 Source: U.S. Energy Information Administration, based on Federal Reserve Bank of St. LouisNote: VMT is vehicle miles traveled. Per capita figures reflect U.S. population age 16 and over. Vehicle miles traveled figures are 12-month rolling averages. Republished December 17, 2014, 2:00 p.m. to correct an error in the graph. The U.S. average […]
December 12, 2014 Source: North Dakota Department of Mineral Resources, Bloomberg The recent decline in crude oil prices has created the potential for weaker crude oil production. EIA’s Drilling Productivity Report (DPR) includes indicators that provide details on the effect low prices may have on tight oil production, which accounts for 56% of total U.S. […]
Photo: OPEC headquarters. analysis By Anthony Goldman When politicians, fund managers and development professionals look to highlight the success of democratic Nigeria, they typically point to one, key statistic: when the military stood down in 1999 after an almost unbroken generation in power, per capita income in Africa’s most populous state was USD1,940; by 2013, […]
November 26, 2014 Source: Provided by GasBuddy.com U.S. retail regular-grade gasoline prices continue to decline, averaging $ 2.82 per gallon (gal) as of November 24. This average is 47 cents lower than a year ago, and the lowest price heading into a Thanksgiving holiday since 2009. Traditionally, the Thanksgiving holiday is one of the most […]
November 24, 2014 Source: U.S. Energy Information Administration, based on Bloomberg Note: November through March are considered winter months. Forward prices for 2014-15 and 2015-16 are as of 10/29/2014. Despite expectations of a milder winter for 2014, marketers anticipate high prices for natural gas in Boston and New York City. Natural gas prices are expected […]
November 18, 2014 Source: U.S. Energy Information Administration and Eurostat Note: European Union average consists of 27 member countries in 2006, 28 member countries for all other years. European residential electricity prices have historically exceeded U.S. prices, and the gap has widened in recent years. In 2013, average residential electricity rates in European Union (EU) […]
November 3, 2014 Source: U.S. Energy Information Administration, ; Bloomberg LP Recent increases in U.S. crude oil production have sparked discussion on how this increase in supply will be used by U.S. refiners given current limitations on . On October 30, EIA released a study that explored the relationships between crude oil and gasoline prices. […]
editorial The global oil market recently witnessed an 18 per cent fall in prices in the third quarter of this year, when they hit an average $ 95 per barrel. Several factors have been blamed for this trend. On one hand is the weak demand from Europe that is yet to fully recover from the […]
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 […]
September 18, 2014 Source: U.S. Energy Information Administration, based on September 3 marked the 25th auction of carbon dioxide (CO2) emission allowances by the program covering nine states primarily in the northeastern United States. Allowance prices for this auction were $ 4.88, marking the third consecutive auction that prices were at or above $ 4 […]
By Constant Munda FUEL consumers will pay slightly less for diesel and kerosine while the cost of petrol has marginal gone up for the next one month in new monthly review by the Energy Regulatory Commission announced yesterday. A litre of diesel, used mainly in transport and running of industrial and farm machinery, will retail […]
August 21, 2014 Source: U.S. Energy Information Administration Brent crude oil spot prices averaged $ 107 per barrel (bbl) in July, marking the 13th consecutive month in which average Brent crude oil prices were between $ 107/bbl and $ 112/bbl (see graph above). Although supply growth from non-OPEC countries has outpaced world consumption in the […]
