production/supply

US biodiesel production still increasing despite expiration of tax credit

USA

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 […]

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Production from offshore pre-salt oil deposits has increased Brazil’s oil production

News

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

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US power generation using less natural gas each year, despite shift from coal – EIA

USA

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

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More US distillate is being exported, less to Canada

News

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

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September unplanned global oil supply disruptions fall to lowest level since January 2012

News

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

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Electricity prices reflect rising delivery costs, declining power production costs

News

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

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Oil, gas production in Texas and Oklahoma’s Anadarko region growing

USA

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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