Tag: production/supply
US biodiesel production still increasing despite expiration of tax credit
Biodiesel is typically more expensive than petroleum-based diesel Through the first nine months of 2017, U.S. biodiesel production levels were slightly higher than 2016 levels, despite the expiration of a federal biodiesel blender’s tax credit at the end of 2016, according to the U.S. Energy Information Administration. Domestic biodiesel production may continue to increase because […]
Production from offshore pre-salt oil deposits has increased Brazil’s oil production
Pre-salt oil deposits are under deep, thick layers of rock and salt and require substantial investment to extract Brazil has produced 3.3 million barrels per day (b/d) of petroleum and other liquids so far in 2017, according to U.S. Energy Information Administration data through Aug., up from 3.2 million b/d in 2016 – making it […]
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 […]
Russia exports most of its crude oil production, mainly to Europe
Russia also exported 1.3 million b/d of fuel oil, 990,000 b/d of diesel, and 120,000 b/d of gasoline in 2016 Russia exported more than 5.2 million b/d of crude oil and condensate and more than 2.4 million b/d of petroleum products in 2016, mostly to countries in Europe, according to the U.S. Energy Information Administration. […]
More US distillate is being exported, less to Canada
Exports to Canada decreased by 15,000 b/d U.S. distillate exports have continued to increase in 2017, both in volume and as a share of total distillate production. Domestic distillate demand has remained relatively stable, increasing slightly from January through July 2017, according to the U.S. Energy Information Administration. Distillate exports from the United States reached […]
September unplanned global oil supply disruptions fall to lowest level since January 2012
Disrupted volumes in Canada returned to production over five-month period Unplanned global supply disruptions fell to 1.6 million barrels per day (b/d) in Sept., the lowest level since Jan. 2012, according to the U.S. Energy Information Administration. Over the past six months, unplanned oil supply disruptions have fallen by more than 1.0 million b/d, as […]
U.S. coal production fell in first half 2017 after late 2016 increase
Coal accounted for 30% of electricity generation mix first half of 2017 U.S. coal production averaged 192 million short tons (MMst) per quarter in the first half of 2017, a slight decrease from the second half of 2016 but still above levels reached in the first half of 2016, according to the U.S. Energy Information Administration. […]
US oil production to increase through end of 2017, setting up record 2018
Forecast based on recent drilling, production and driven largely by WTI crude oil price EIA forecasts that U.S crude oil production will average 9.4 million b/d in the second half of 2017, 340,000 b/d more than in the first half of 2017, according to the U.S. Energy Information Administration. Production in 2018 is expected to […]
Electricity prices reflect rising delivery costs, declining power production costs
Fuel, purchased power costs have decreased over decade with decrease in natural gas prices Over the past decade, retail electricity prices have not closely followed the costs of fuels used to generate electricity, such as coal or natural gas, mainly because of changes in the other costs involved with producing and delivering electricity in the […]
Oil, gas production in Texas and Oklahoma’s Anadarko region growing
Forecast production in Anadarko to grow to 500,000 b/d by end of 2018 The Anadarko Region, which was recently added to EIA’s Drilling Productivity Report (DPR), accounted for 437,000 b/d of oil production and 4.9 Bcf/d of natural gas production in July 2017, according to the U.S. Energy Information Administration. Production in the region has increased in 2017, and […]
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