March 23, 2015 Source: U.S. Energy Information Administration, After increasing for 15 consecutive weeks, crude oil storage at Cushing, Oklahoma, reached 54.4 million barrels on March 13, according to EIA’s . This volume is the highest on record, but not the highest percent of storage utilization, as working storage capacity at Cushing has also increased […]
Tag Archives: record
March 5, 2015 Source: U.S. Energy Information Administration U.S. exports of noncrude petroleum products from the United States averaged a record 3.8 million barrels per day (bbl/d) in 2014, an increase of 347,000 bbl/d from 2013, based on data from EIA’s . In particular, exports of motor gasoline, propane, and butane increased, offsetting a decrease […]
November 7, 2014 Source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report Working natural gas in storage ended October at 3,571 billion cubic feet (Bcf), a record increase of 2,734 Bcf during the April 1 to October 31 injection season, and within 7% of the average of the last five end-of-season storage levels. While […]
July 28, 2014 Source: U.S. Energy Information Administration, Note: STEO denotes EIA’s Short-Term Energy Outlook Nearly midway through the summer storage injection season, working natural gas in storage is on pace to meet EIA’s expectations for a record overall build. The current projects a record build of close to 2,600 billion cubic feet (Bcf) from […]