The U.S. Energy Information Administration (EIA) forecasts that drivers in the United States will pay an average of $ 2.74 per gallon (gal) this summer for regular gasoline, an increase of 11% over last summer, according to EIA’s Short-Term Energy and Summer Fuels Outlook. EIA’s forecast price for summer 2018 (which runs from April through […]
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September 28, 2015 Source: U.S. Energy Information Administration, Outages at U.S. nuclear power plants were extremely low this summer (June through August), averaging 2.9 gigawatts (GW), or less than 3% of total U.S. nuclear capacity. During four days in August, outages dropped to just 0.1 GW out of a total U.S. nuclear capacity of 98.7 […]
September 25, 2015 Source: U.S. Energy Information Administration, Inventories of distillate fuel oil in the U.S. East Coast are higher now than they have been in the previous three years, reaching 59 million barrels on September 18. Most of the recent increase is in the Central Atlantic region, but inventories are also higher in New […]
May 5, 2015 Source: U.S. Energy Information Administration, Note: All sources are net receipts except field production. PADD is Petroleum Administration for Defense District. Monthly rail receipts of crude oil accounted for more than half (52%) of the crude oil supply to East Coast refineries in February. As U.S. and Canadian production of crude oil […]
April 8, 2015 Source: U.S. Energy Information Administration, Short-Term Energy Outlook U.S. drivers are projected to pay an average of $ 2.45/gallon (gal) for regular grade gasoline this summer (April through September), according to EIA’s released yesterday. This year’s projected average summer price is down from a $ 3.59/gal average during summer 2014. The lower […]
March 30, 2015 Source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. crude oil production (including lease condensate) increased during 2014 by 1.2 million barrels per day (bbl/d) to 8.7 million bbl/d, the largest volume increase since recordkeeping began in 1900. On a percentage basis, output in 2014 increased by 16.2%, the highest growth rate […]
March 24, 2015 Source: U.S. Energy Information Administration, Note: Data include generation from plants greater than 1 megawatt. California has become the first state with more than 5% of its annual utility-scale electricity generation from utility-scale solar power, according to EIA’s . California’s utility-scale (1 megawatt (MW) or larger) solar plants generated a record 9.9 […]
February 19, 2015 Source: U.S. Energy Information Administration, based on the (ERCOT) In 2014, more than 10% of the electricity used in the grid covering most of Texas came from wind generation, according to the grid’s operator, the that have allowed more wind power to flow through the system to consumers. Source: U.S. Energy Information […]
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 . […]
January 5, 2015 Source: U.S. Energy Information Administration, based on BloombergNote: These commodities are included in the S&P GSCI Energy, Grains, Industrial Metals, and Precious Metals indices. All price changes reflect changes in front month futures contract price for each commodity. WTI is West Texas Intermediate, RBOB is reformulated gasoline blendstock for oxygenate blending. The […]
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 6, 2014 Source: U.S. Energy Information Administration, Coal stocks at electric power plants, which totaled 121 million tons at the end of August, are relatively low in both absolute and days of burn terms relative to recent historical norms. This is true both nationally and in the Upper Midwest. About two-thirds of coal used […]
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. […]
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Top Israeli agent Dudu Dahan has claimed that his client, former Nigeria Under 20 international Chimezie Mbah, is a better option for the Super Eagles than Chelsea midfielder John Mikel Obi. Mbah has committed his future to Hapoel Petah Tikva until the summer of 2016. Chimezie Mbah The defensive midfielder completed the move to the […]
August 27, 2014 Source: U.S. Energy Information Administration, and IntercontinentalExchangeNote: The difference between U.S. liquid fuels and crude oil production represents production of hydrocarbon gas liquids, biofuels, and refinery processing gain. Non-OPEC supply disruptions include both crude oil and liquid fuels, while OPEC disruptions include only crude oil. Growth in oil production and supply disruptions […]
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