Tag: Natural Gas
Cold weather, higher exports result in record American natural gas demand
Spot wholesale electricity prices also rose: $200/MWh in New York City, $185/MWh in New England Estimated U.S. natural gas demand on Jan. 1 reached 150.7 billion cubic feet, surpassing the previous single-day record set in 2014, according to the U.S. Energy Information Administration. Much colder-than-normal temperatures across much of the United States have led to increased […]
Energy commodity prices increased in the second half of 2017
Less natural gas used in U.S. electricity generation during summer of 2017 compared with 2016 After decreasing nearly 20 per cent in the first half of 2017, the spot energy index in the Standard and Poor’s (S&P) Goldman Sachs Commodity Index (GSCI) ended 2017 16 per cent higher than the beginning of the year, according […]
Canada is United States’ largest partner for energy trade ‘by far’ – US EIA
Canada by far the largest source of US crude oil imports (41% of total in 2016) Canada is the largest energy trading partner of the United States. Based on the latest annual data from the U.S. Census Bureau, energy accounted for about 5 per cent of the value of all U.S. exports to Canada and more […]
Canada’s renewable power generation continues to grow – NEB
Nuclear power supplied an average of 14.7% of electricity from 2005 to 2016, 2nd largest source of total generation Canada’s non-hydro renewable power capacity grew by more than eight per cent in 2016, adding nearly 1,300 megawatts (MW) of solar, biomass and wind-generated power, according to the National Energy Board’s update of the Canada’s Renewable Power Landscape […]
Global oil and gas discoveries fall again in 2017, will impact supply in the 2020s
Global exploration expenditures fell by over 60% from 2014 to 2017 2017 was another low year for the discovery of conventional volumes of oil and gas, with less than seven billion barrels of oil equivalent (boe) found year to date, according to consultancy Rystad Energy. “We haven’t seen anything like this since the 1940s,” says senior analyst […]
US power sector CO2 emissions fall below transportation sector emissions
Electric power’s share of non-carbon-emitting fuels such as nuclear, hydropower, wind, and solar has grown U.S. carbon dioxide emissions from the transportation sector reached 1,893 million metric tons (MMmt) from October 2015 through September 2016, exceeding electric power sector CO2 emissions of 1,803 MMmt over the same time period, according to the US Energy Information Administration. […]
US LNG production will more than triple by 2019 as exports boom – EIA
Texas and Louisiana lead increase in US natural gas liquefaction capacity American LNG capacity increased in 2017 as exports surged, but the industry is set for an even bigger expansion over the next two years as five new plants come on stream, boosting capacity to 9.6 Bcf/d, according to the US Energy Information Administration. In August 2017, […]
Natural gas power generation share grew for decade in Southern states as coal declined
Texas and Oklahoma in region with some of country’s best wind resources Coal’s share of total electricity generation in the South declined over the past decade, from 50 per cent in 2006 to 29 per cent in 2016, according to the U.S. Energy Information Administration.As the use of coal has declined, the use of natural gas […]
Appalachia region drives growth in US natural gas production since 2012
Average lateral length per well in West Virginia increased from 2,500 feet in 2007 to over 7,000 feet in 2016 Shale gas production in the Appalachia region has increased rapidly since 2012, driving an overall increase in U.S. natural gas production, according to the U.S. Energy Information Administration. According to EIA’s Drilling Productivity Report, natural gas […]
United States, Canada, and Mexico launch North American Energy information website
Canada is largest source of US natural gas and oil imports At the North American Energy Ministerial on Nov. 14 in Houston, Texas, United States Secretary of Energy Rick Perry, Canada’s Minister of Natural Resources James Carr, and Mexico’s Secretary of Energy Pedro Joaquin Coldwell launched the North American Cooperation on Energy Information (NACEI) website, according […]
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