Tag Archives: prices

Oil prices drive projected enhanced oil recovery using carbon dioxide

July 30, 2014 Source: U.S. Energy Information Administration, Annual Energy Outlook 2014 In the (AEO2014), EIA projects that the price of oil will largely determine whether to use carbon dioxide (CO2) enhanced oil recovery (EOR) technologies to extract additional crude oil from existing producing fields. The injection of CO2 gas into oil reservoirs at high […]

A perspective on U.S. gasoline prices heading into Fourth of July weekend

July 2, 2014 Source: Provided by GasBuddy.com On Monday, June 30, the national average retail gasoline price was $ 3.70 per gallon. Although this is the highest average heading into the Fourth of July holiday since 2008, gasoline prices in 2014 have remained well below the spring peaks reached in each of the previous three […]

Fewer wind curtailments and negative power prices seen in Texas after major grid expansion

June 24, 2014 Source: U.S. Energy Information Administration, based on the for electricity prices Curtailments of wind generation on the Texas electric grid have steadily dropped since 2011 as more than 3,500 miles of transmission lines have been built, largely as a result of the state’s (CREZ) program. Occurrences of wind-related negative real-time electricity prices […]

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