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 […]
Tag Archives: U.S.
March 4, 2015 Source: U.S. Energy Information Administration, Note: Inventories shown in the graph do not include pipeline fill, lease stocks, or oil in transit from Alaska. PADD is the Petroleum Administration for Defense District. Crude oil inventory data for the week ending February 20 show that total utilization of crude oil storage capacity in […]
February 4, 2015 Source: U.S. Department of Energy, Note: Energy usage includes both civilian and military agencies. The U.S. federal government, with thousands of facilities and vehicles in locations across the United States and abroad, is one of the largest energy consumers in the world, but that consumption is declining. The U.S. Department of Energy’s […]
January 29, 2015 Source: U.S. Energy Information AdministrationNote: Includes only announced projects. Some high-risk projects excluded based on feasibility questions. Between 2014 and 2018, U.S. petrochemical capacity expansion projects are projected to increase domestic demand for and favorable petrochemical feedstock prices in the United States relative to the international market. The petrochemical industry uses hydrocarbon […]
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 […]
December 16, 2014 Source: U.S. Energy Information Administration, Short-Term Energy Outlook The average U.S. household is expected to spend about $ 550 less on gasoline in 2015 compared with 2014, as annual motor fuel expenditures are on track to fall to their lowest level in 11 years. Lower fuel expenditures are attributable to a combination […]
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. […]
Luanda — A floating facility designed to store, produce and unload the crude oil on (FPSO CLOV) in Angolan offshore Block 17 was inaugurated Thursday in Luanda. The project, worth USD 9 million, was inaugurated by the French owned Oil Firm “Total E & P” in partnership with the Oil Ministry and National Society of […]
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 […]
November 25, 2014 Sources: U.S. Energy Information Administration, Form EIA-895, “Annual Quantity and Value of Natural Gas Production Report”; Form EIA-914, “Monthly Natural Gas Production Report”; the Bureau of Safety and Environmental Enforcement, and predecessor agencies; state agencies; LCI; DI; Ventyx; BENTEK Energy; and EIA estimates based on historical data Republished November 25, 2014, 10:15 […]
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 […]
By Roseline Okere and Sulaimon Salau THE United States’ import of crude oil from Nigeria and Algeria have declined by 93 per cent since 2010, the U.S Energy Information Administration (IEA), has said. Meanwhile, Nigeria’s oil production may have recorded a major setback, as the Shell Petroleum Development Company (SPDC) shut its Trans-Niger Pipeline (TNP), […]
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. […]
October 3, 2014 Source: U.S. Energy Information Administration, based on U.S. Census Bureau data Republished October 3, 2014, 12:35 p.m., to clarify graph units. U.S. coal exports have continued to decline from their record volumes in 2012. During the first half of 2014, coal exports totaled 52.3 million short tons (MMst), 16% below the same […]
Monrovia — The National Oil Company of Liberia has stepped up its support towards efforts to contain the spread of the Ebola virus in Liberia. The company has now contributed more than a quarter of a million dollars in cash and essential health materials since the outbreak of the virus in Liberia more than six […]
