Tag: Gulf Coast

Gulf Coast refinery runs approaching levels seen prior Hurricane Harvey

Gulf Coast refinery runs approaching levels seen prior Hurricane Harvey

Hurricane Harvey caused many refineries either reduced runs or temporarily shut down For week ending Oct. 20, 2017, gross inputs to petroleum refineries in the U.S. Gulf Coast averaged 8.8 million b/d, or about 324,000 b/d higher than the previous five-year range for mid-Oct., based on data in EIA’s Weekly Petroleum Status Report (WPSR). Gross inputs, also […]

By October 30, 2017 0 Comments Read More →
Hurricane Harvey caused electric system outages, affected wind generation in Texas – EIA

Hurricane Harvey caused electric system outages, affected wind generation in Texas – EIA

 Wind speeds reached 130 mph as Hurricane Harvey made landfall Hurricane Harvey caused substantial electricity outages, as power plants and transmission infrastructure—particularly in south Texas and along the Gulf Coast—were affected by high winds and significant flooding, according to the U.S. Energy Information Administration. At its peak, more than 10,000 megawatts (MW) of electricity generating […]

By September 13, 2017 0 Comments Read More →
Hurricane Harvey caused US Gulf Coast refinery runs to drop, gasoline prices to rise

Hurricane Harvey caused US Gulf Coast refinery runs to drop, gasoline prices to rise

Gulf Coast gasoline prices rose by 35 cents per gallon to $2.51/gal Hurricane Harvey caused substantial disruptions to crude oil and petroleum product supply chains and increased petroleum product prices, according to the U.S. Energy Information Administration. For the week ending Sept. 1, 2017, gross inputs to refineries in the U.S. Gulf Coast fell by […]

By September 11, 2017 0 Comments Read More →
Hurricane Harvey headed for Gulf of Mexico region with significant oil/gas infrastructure

Hurricane Harvey headed for Gulf of Mexico region with significant oil/gas infrastructure

Texas Gulf Coast home to nearly one-third of U.S. refining capacity Hurricane Harvey strengthened to a Category 1 hurricane Thursday afternoon and is currently forecast to make landfall over southeast Texas later today or early Saturday, according to the U.S. Energy Information Administration. The National Oceanic and Atmospheric Administration (NOAA) expects Hurricane Harvey to continue to […]

By August 25, 2017 0 Comments Read More →
Major oil/gas expansion coming to US Gulf Coast – LSU study

Major oil/gas expansion coming to US Gulf Coast – LSU study

Increases would facilitate return of 8,000 jobs to a region hit hard by the fall in prices By Jefferson Caves , EnergyInDepth The oil and gas industry along the Gulf of Mexico is set for a major expansion by 2019, according to a new report from Louisiana State University’s (LSU) Center for Energy Studies. The report predicts a […]

Tropical Storm Cindy threatens to hit oil refining, production centres

Tropical Storm Cindy threatens to hit oil refining, production centres

Tropical Storm Cindy affects gasoline prices On Tuesday, oil refining and production facilities braced for the arrival of Tropical Storm Cindy, a system developing in the US Gulf of Mexico that is expected to move inland over western Louisiana and eastern Texas on Thursday. The Gulf Coast storm forced the Louisiana Offshore Oil Port to […]

Gasoline prices ahead of Memorial Day higher than 2016, second lowest since 2009

Gasoline prices ahead of Memorial Day higher than 2016, second lowest since 2009

2017 summer gasoline price to average $2.39/gal, 16 cents higher than last summer Gasoline prices heading into Memorial Day weekend average $2.40 per gallon (gal) nationally, up from last year’s price of $2.30/gal, according to the US Energy Information Administration. Despite the year-over-year increase, 2017 marks the second-lowest price ahead of the Memorial Day weekend […]

Texas, Gulf Coast now home to US ‘largest continuous natural gas’ resource

Texas, Gulf Coast now home to US ‘largest continuous natural gas’ resource

Technology dramatically increasing amount of recoverable oil and natural gas reserves By Matt Mandel, EnergyInDepth The United States Geological Survey (USGS) released two new assessments last week, finding that the Bossier and Haynesville formations of the Gulf Coast hold an estimated 304.4 trillion cubic feet (Tcf) of undiscovered, technically recoverable natural gas resources. Together, these […]

Declining crude oil shipments by rail from Midwest to coastal regions

Declining crude oil shipments by rail from Midwest to coastal regions

Midwest to Gulf Coast rail movements began dropping in 2nd half of 2013 as new/expanded pipeline capacity came online According to the U.S. Energy Information Administration, the movement of crude by rail within the United States, including within Petroleum Administration for Defense Districts (PADDs), reached a high of 928,000 b/d in Oct. 2014, with most of the shipments originating […]

Orbit Gulf Coast Exploration acquires Louisiana assets

Orbit Gulf Coast Exploration acquires Louisiana assets

Gulf Coast Western agreed to operate Louisiana-based Warhorse Oil and Gas development wells Dallas-based Gulf Coast Western, LLC says its subsidiary, Orbit Gulf Coast Exploration, LLC, has acquired substantially all of the assets of Lafayette, Louisiana-based Orbit Energy Partners, LLC. The acquisition includes proprietary rights and access to hundreds of square miles of 3D seismic data […]

By January 16, 2016 0 Comments Read More →