Tag: consumption
US airlines carry more passengers, but use less jet fuel
Fuel economy of US carriers up 27 per cent over 2007 The amount of jet fuel consumed by U.S. airlines increased in both 2015 and 2016, although jet fuel use in 2016 remained 11 per cent lower than its level a decade ago, according to the US Energy Information Administration. Jet fuel use was lower despite the […]
Midwest, Rocky Mountain regions’ transportation fuels production meeting more of demand
Demand includes in-region consumption, movements of fuels to other regions of US, and exports to global market Changes in North American energy markets over the past decade have strengthened the supply of transportation fuels, including motor gasoline, distillates, and jet fuel, in the Midwest and Rocky Mountain regions, according to a new study commissioned by […]
Gasoline demand may peak in 2021 as engine efficiency increases
Gasoline demand hit by hybrid, EVs, tighter fuel standards Peak gasoline demand in the United States is expected to hit in 2018 as engines become more efficient and hybrid and electric vehicles become more popular, according to a Wood Mackenzie analyst. Demand for gasoline in the United States, which accounts for a tenth of global […]
EIA: Short-term global oil demand outlook depends upon economic activity
Gross domestic product (GDP) an important driver of oil consumption Oil plays a crucial role in the global economy—from the production of goods to the transportation of people and freight, according to the US Energy Information Administration. For this reason, economic activity and oil consumption tend to move together, particularly in developing economies. This relationship […]
Global transportation demand will drive long-term Alberta oil sands growth
World needs to find, replace 45 million bpd of crude oil by 2040 The prospect for dramatic changes in transportation has led to increased uncertainty about future oil demand. But the gradual pace of global vehicle fleet turnover and the need for significant upstream investment to maintain existing oil production volumes over the longer term […]
US distillate demand set to rise in 2017 – Kemp
Distillate stocks remained moderate despite the unusually warm start to the winter By John Kemp LONDON (Reuters) – US refiners are likely to see stronger demand for middle distillates such as heating oil and diesel in 2017 after two years of declining domestic consumption. Distillate consumption is forecast to increase by 60,000 barrels per day […]
Winter residential electricity consumption expected to increase from last winter
Heating expenditures not expected to change significantly, electricity prices expected to be slightly lower this winter EIA’s Short-Term Energy Outlook (STEO) projects that the average residential customer will consume 4 per cent more electricity over Dec. through March compared with the same period last winter, according to the US Energy Information Administration. However, this forecast is […]
US gasoline consumption growth may slow in 2017 – Kemp
Without accelerated growth in US gasoline consumption, oil price slump would have been much deeper By John Kemp LONDON – US gasoline consumption has been growing at the fastest rate for more than a decade as lower fuel prices and an expanding economy have combined to produce a big increase in demand. OPEC is relying on continued […]
Thanksgiving holiday causes unique electricity usage patterns across the country
Unique electricity usage pattern seen on Thanksgiving Day reflects the holiday’s popular activities In terms of electricity usage, Thanksgiving Day is one of the most unusual days of the year. Typically at this time of year, electric loads in most regions have a small peak in the morning and a larger peak in the evening, […]
In 2015, US coal production, consumption, and employment fell over 10%
2015 employment at US coal mines in decreased by 12% to 65,971 employees US coal production dropped by more than 10 per cent in 2015 to 897 million short tons (MMst), the lowest production level since 1986, according to the US Energy Information Administration. Production in all three major coal-producing regions (the Appalachian, the Interior, and […]
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