Tag Archives: Time

Electricity from natural gas surpasses coal for first time, but just for one month

July 31, 2015 Source: U.S. Energy Information Administration, In April, traditionally the month when total electricity demand is lowest, U.S. generation of electricity fueled by natural gas exceeded coal-fired generation for the first time since the start of EIA’s monthly generation data in 1973. However, EIA’s latest shows that coal’s generation share once again exceeded […]

Average diesel retail price below gasoline price for first time in six years

July 23, 2015 Source: EIA, On July 13, the U.S. average diesel fuel retail price fell below the average regular gasoline retail price for the first time since the week of August 10, 2009. From August 2009 through June of this year, retail diesel fuel sold at an average premium of 34 cents per gallon […]

Natural gas inventory exceeds five-year average for first time since November 2013

February 20, 2015 Source: Source: U.S. Energy Information Administration, Working natural gas in storage has for the first time in more than a year. At 2,157 billion cubic feet (Bcf) as of February 13, stocks are 58 Bcf greater than the five-year average. Recent extremely cold weather may result in high stock withdrawals for the […]

U.S. oil reserves continue rising, surpass 36 billion barrels for first time since 1975

December 5, 2014 Source: U.S. Energy Information Administration, U.S. crude oil and lease condensate proved reserves rose for the fifth consecutive year in 2013, increasing by 9% from the 2012 level to 36.5 billion barrels, according to the report released yesterday by the U.S. Energy Information Administration (EIA). U.S. crude oil and lease condensate proved […]

Energy Talk – Pessimistic Talk in a time of surplus

1.Libyanproduction

The oil markets are concerned that there is too much oil currently available on the market, and that, as a consequence, oil prices may continue to tumble. Saudi Arabia is reportedly telling Reuters that it is happy with prices that may fall as low as $ 80 a barrel. As I mentioned the other day, […]

Tanzania: Is Time Tanzania Developed Geothermal Energy

THE Vice-President Dr Mohamed Gharib Bilal earlier last week challenged geo-scientists in Tanzania to devise strategies to ensure effective exploitation of geo-thermal energy to help solve a rapidly expanding power crisis and speed up socio-economic development. The VP who was opening the Third Young Earth Scientists Congress in Dar es Salaam noted that the country […]

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