USA
US power generation using less natural gas each year, despite shift from coal – EIA
Natural gas consumption in power sector highest in summer months because of high demand from air conditioning Based on data through Aug., year-over-year declines in US electric power sector consumption have been partially offset by changes in natural gas trade, as exports have increased and imports have remained relatively flat. EIA’s latest Short-Term Energy Outlook expects the […]
Energy industry says Rick Perry’s proposal to subsidize coal, nuclear power costly, unsupported by evidence
Record does not support discriminatory payments proposed by DOE A diverse group of a dozen energy industry associations representing oil, natural gas, wind, solar, efficiency, and other energy technologies recently submitted reply comments to the Federal Energy Regulatory Commission (FERC) continuing their opposition to the Department of Energy’s (DOE) proposed rulemaking on grid resiliency pricing. Action by […]
American CO2 emissions from coal fell by record amount in 2015, led by Texas and Midwest
Most decrease in coal-fired electricity generation was replaced with increases in natural gas-fired generation Carbon dioxide (CO2) emissions associated with coal consumption in the United States fell by a record 231 million metric tons in 2015, according to the U.S. Energy Information Administration. More than 60 per cent of the annual decrease occurred in 10 […]
US exports of crude, gasoline, distillates, LPG booming
US exports of crude over 2 million b/d recently As US exports of crude topped 2 million barrels per day (b/d) in recent weeks, gasoline, distillate and LPG exports have also increased. Enterprise’s Morgan’s Point terminal located on the Gulf Coast came online last year along with Sunoco’s Marcus Hook terminal on the East Coast. […]
Coal stockpiles at US power plants have fallen since last year
57% of US coal-fired electricity generating capacity had over 60 days of burn In Aug. 2017, coal stockpiles at electric power plants were 144 million tons, the lowest monthly level since late 2014, according to EIA’s Electric Power Monthly. Coal stockpiles at U.S. coal-fired power plants typically follow a seasonal pattern of increasing during the spring […]
EIA forecasts growth in world nuclear electricity capacity, led by non-OECD countries
United States operates world’s largest nuclear fleet with 99 reactors The U.S. Energy Information Administration projects global nuclear capacity will grow at an average annual rate of 1.6 per cent from 2016 through 2040, led predominantly by countries outside of the Organization for Economic Cooperation and Development (OECD). EIA expects China to continue leading world […]
House Republicans propose scrapping $7,500 EV tax credit
Dumping of EV tax credit panned by automakers, environmentalists US House Republicans looking for ways to fund tax cuts are proposing to eliminate the $7,500 EV tax credit which helped boost sales of electric vehicles. Currently, the EV tax credit phases out after an automaker sells 200,000 plug-in vehicles. The tax credit was implemented to […]
Australian oil company buys into Alaska’s Nanushuk play
Nanushuk play on Alaska’s North Slope Oil Search Ltd, the Australian company that operates all the producing oilfields in Papua New Guinea, is spending $400 million on three blocks in the Nanushuk play, located in Alaska’s North Slope. The company is buying the roughly 26 per cent stake in the play from privately owned Armstrong […]
Column: California’s real gasoline tax problems
Gasoline tax goes up 12 cents in California on Wednesday By Severin Borenstein Who wouldn’t like to pay lower taxes and get cheaper gasoline? That’s why there will be a lot of grumbling Wednesday when California’s gasoline tax goes up by 12 cents per gallon. There’s already enough pushback that it’s easy to imagine a proposal to repeal […]
Largest oil and gas lease sale in US history set for Gulf of Mexico in March
March 2018 sale to offer 76.9 million acres in Gulf of Mexico U.S. Secretary of the Interior Ryan Zinke announced the Department is proposing the largest oil and gas lease sale ever held in the United States – 76,967,935 acres in federal waters of the Gulf of Mexico, offshore Texas, Louisiana, Mississippi, Alabama and Florida, […]
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