Air conditioning costs ranged from an average of $525 in the hot-humid region in the Southeast to about $60 in the temperate marine region along the West Coast. Air conditioning equipment used in 87 per [Read more]
Increase in major utilities on US electric distribution systems largely driven by increases in capital investment, which nearly doubled between 1996 and 2017. Utilities upgrading US electric aging equipment This article was published by the [Read more]
South Korea LNG imports are expected to fall in the second half of the year as a number of nuclear power stations are set to come back into service. South Korea LNG imports up nearly [Read more]
Although Crossover utility vehicles and cars are built on similar platforms, CUVs often have slightly lower fuel economy than their comparable sedan counterparts, even when they are equipped with the same engine and transmission. Toyota [Read more]
Oil prices were mixed on Thursday as the rising US dollar, increasing US crude production outweighed Saudi Arabia’s forecasted decline in crude exports by about 100,000 b/d in August. Oil prices down as US dollar [Read more]
Russia remains the largest gas flaring country, but also showed the largest decline in flaring in 2017 while Iran and Libya both showed increases in flaring. Dreamstime photo by Bulat Karimov. Global gas flaring down 5 [Read more]
The Strategic Petroleum Reserve was established to deal with short-term crude supplies interruptions and is not meant to manage long-term changes in the supply situation, including supply shortages resulting from the Trump administration’s decision to re-impose [Read more]
If natural gas production continues to grow, and natural gas prices continue to fall, some producers in the Permian Basin may cease oil production to avoid producing associated natural gas. San Antonio Express News photo by [Read more]
The share of global energy investment driven by more resilient state-owned oil and gas and thermal power enterprises increased over the past five years to over 40 per cent in 2017. Thinkstock by Getty Images [Read more]
The United States Energy Information Administration released its Short Term Energy Outlook last week. One of the forecasts issued by the agency is a drop in US crude imports from 3.7 million b/d in 2017 [Read more]
During a joint press conference on Monday, Russian President Vladimir Putin told reporters that Russia and the US could work together on oil market regulation to avoid oil price volatility. Getty Images photo by Chris [Read more]
Based on information reported to EIA in the most recent update, US refinery capacity will not expand significantly during 2018. Phillips 66 photo. US refinery capacity has helped accommodate rising US crude production By [Read more]
The USD$1.2 billion Topolobampo Pipeline can carry 670 million cubic feed of natural gas per day to markets in the Mexican states of Chihuahua and Sinaloa. TransCanada photo. Topolobampo Pipeline will provide natural gas to [Read more]
Natural gas-fired electricity is on the rise in many areas of the United States thanks to sustained low natural gas prices, increases in natural gas-fired capacity, and retirements of coal-fired generating capacity. Inigo Skies Photography photo [Read more]
Between 2010 and 2016, the capacity-weighted average cost of U.S. wind installations fell by one-third, from $2,361 per kilowatt (kW) to $1,587/kW, based on analysis in the U.S. Department of Energy, Office of Energy Efficiency [Read more]
The Kremlin took a swing at US President Donald Trump’s assertion that Germany was a “captive” of Russia because it relies on Russia for some of its natural gas needs. NBC News photo. US LNG [Read more]
US crude exports to India hit record highs in June and are set to almost double last year’s total as the Asian country scrambles to replace oil supplies as Venezuela’s output continues to fall and [Read more]
According to a monthly report by the US Energy Information Administration, US oil production could be over 12 million barrels per day by the end of next year. Apache photo. US oil production expected to [Read more]
Dr Fatih Birol, Executive Director of the IEA and Mr Liu Hua, Deputy Minister of Ecology and Environment met to discuss energy security, improving air quality and reducing carbon intensity. International Energy Agency photo. IEA [Read more]
Syncrude produces 350,000 b/d of crude oil Syncrude Oil Sands operations will ramp up to full production in early to mid-Sept. after a site-wide power disruption on June 20, Suncor announced Monday. The company said [Read more]
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