Crude oil storage in the US is profitable again Wednesday’s pivotal OPEC ministerial meeting could overshadow the release of weekly US inventory data that same day; however, a large enough change in US petroleum stocks could inject additional volatility into a market already on edge, according to an S&P Global Platts preview of this week’s […]
US EIA data likely to show crude stocks falling 250,000 barrels Read More »
Colonial Pipeline system runs from as far west as Houston, Texas, to as far north and east as Linden, New Jersey, near the New York Harbor The outage of Colonial Pipeline Line 1 between Sept. 9 and Sept. 21 resulted in record changes in motor gasoline stocks in both the Lower Atlantic and Gulf Coast
Pipeline disruption leads to record gasoline stock changes in Southeast, Gulf Coast Read More »
SoCalGas estimated 4.62 Bcf leaked over the span of 112 days, an amount equivalent to 84,200 metric tons of methane During the summer, when storage operators are typically injecting natural gas into storage facilities to build up inventories before the winter months, natural gas inventories in Southern California have remained nearly flat, according to the
Southern California natural gas inventories nearly flat after Aliso Canyon leak Read More »
Canadian crude imports rebounded, rising 501,000 b/d to 3.088 million b/d despite ongoing fires in Alberta’s oil sands producing region According to the Energy Information Administration data, U.S. distillate inventories declined last week for the sixth straight reporting period. According to an S&P Global Platts analysis of the data, distillate inventories showed a drawdown of 1.284
Crude oil inventories decline for 6th straight period, Canadian imports rebound Read More »
Recent data show that natural gas storage facilities in most regions of the United States already are at 44%-73% of their design capacity Working natural gas inventories ended the winter heating season at 2,478 billion cubic feet (Bcf), exceeding the previous end-of-March record high of 2,473 Bcf, set in 2012, according to EIA’s Weekly Natural Gas
Natural gas storage ends winter heating season at record high Read More »
US crude oil inventories increased by 2.3 million barrels from previous week According to the US Energy Information Administration, US crude oil refinery inputs averaged over 16.2 million barrels per day during the week ending March 25, 2016, 414,000 barrels per day more than the previous week’s average. Highlights: Refineries operated at 90.4% of their operable
Crude oil inventories up, imports down – US petroleum data for week ending March 25 Read More »
Weekly coal railcar loadings averaged slightly more than 75,000 carloads, 35% below previous five-year average Coal stockpiles at electric generating facilities totaled 197 million tons at the end of 2015, the highest level since June 2012 and the highest year-end inventories in at least 25 years, according to the US Energy Information Administration. More than
Coal stockpiles at power plants rise, shippers reduce railcar loadings Read More »
US Gulf Coast region contains 55% of nation’s crude oil storage capacity, Cushing contains another 13% Commercial crude oil storage inventories in Cushing, Oklahoma (located in Petroleum Administration for Defense District 2) and the U.S. Gulf Coast (PADD 3) totaled a record-high 309.4 million barrels as of the week ending November 27, according to the US
Crude oil storage, capacity increased in Cushing, US Gulf Coast Read More »
Chemical Activity Barometer signals average lead of eight months at cycle peaks WASHINGTON – The Chemical Activity Barometer (CAB), a leading economic indicator created by the American Chemistry Council (ACC), stabilized in November, rising 0.1 per cent following three consecutive months of decline. Oct. data was revised up 0.3 per cent and Sept. by 0.2 percent.
Chemical Activity Barometer: US economy stabilizing after 3 month decline Read More »
During 2015, natural gas production remained several Bcf/d above year-ago levels Working natural gas in storage reached 3,929 billion cubic feet (Bcf) as of Oct. 30, according to the US Energy Information Administration. This level matches the previous weekly record of 3,929 Bcf set Nov. 2, 2012. Although Oct. marks the traditional end of the
Natural gas in storage matches record level Read More »
