The elevated electricity demand this past summer contributed to the highest wholesale electricity prices in at least the past 10 years. And many western US states experienced drought conditions, which led to a decline in [Read more]
According to the most recent results from EIA’s Residential Energy Consumption Survey (RECS), about one in five households reported reducing or forgoing necessities such as food and medicine to pay one of their energy bills, and 14 [Read more]
OPEC net oil export revenues are expected to increase 30 per cent in 2018. This forecast increase follows higher anticipated annual crude oil prices in 2018 and more than offsets slightly lower crude oil production [Read more]
In February, US crude oil production exceeded that of Saudi Arabia for the first time in more than two decades. In June and August, the US surpassed Russia in crude oil production for the first [Read more]
According to the International Energy Agency, we are entering a very crucial period for the oil market due to US sanctions against Iranian crude exports, falling Venezuelan production and a fragile Nigerian oil industry. Anadarko photo. [Read more]
The initial productivity rate in the Haynesville region, calculated as the initial three-month cumulative production per well, has nearly doubled from 2010 to 2017, increasing from 589 million cubic feet (MMcf) per well to 1,176 MMcf/well. Production [Read more]
Televisions and peripheral devices often consume energy even when they are not in active use. They draw power in standby mode, allowing them to receive a signal from a remote control, perform recording functions, and [Read more]
Data from the US Energy Information Administration released on Friday showed US crude production rose to record highs in June. Linn Energy photo. US crude output hit 10.674 million b/d in June US crude output [Read more]
Average US gas prices are heading into the Labour Day weekend are at their highest since 2014 and 43 cents/gallon higher than this time last year. Average US gas prices hit $2.83/gallon on Aug. 27 [Read more]
Saudi Arabia is the largest source of crude oil, making up almost one-fourth of crude oil trade volumes that traverse the South China Sea. Over 90 per cent of crude oil trade volumes in 2016 [Read more]
North Carolina has the most PURPA-qualifying solar capacity, with 2.9 GW of qualifying capacity, all of which is solar photovoltaic. Only 0.4 GW of North Carolina’s utility-scale solar capacity is not certified as qualifying. GreenStatePower.com photo. [Read more]
The Energy Policy Act of 2005 created the Renewable Fuel Standard, and by the end of that decade, most motor gasoline sold in the United States was blended with 10 per cent fuel ethanol by [Read more]
US refineries are running at record levels in response to robust domestic and international demand for motor gasoline and distillate fuel oil. Phillips 66 photo. US refineries responding to high demand for motor gasoline and [Read more]
According to the US Energy Information Administration, US natural gas pipeline exports to Mexico have grown from 0.9 Bcf/d in 2010 to more than 4.3 Bcf/d through April 2018. Natural gas pipeline capacity into the South [Read more]
Annual capacity-weighted average construction costs for solar photovoltaic systems and onshore wind turbines declined, while construction costs for natural gas generators increased slightly. SolarPowerManagement.net photo. Construction costs for solar photovoltaic (PV) projects have steadily decreased since [Read more]
While EIA data shows electricity sales in Puerto Rico have returned to pre-Hurricane Maria levels, residential electricity sales are lagging behind historical levels, reflecting continued outages. AP photo by Carlos Giusti. Puerto Rico blackout in [Read more]
According to the US Energy Information Administration, 2017 was the fourth consecutive year that US coal consumption and coal shipments by all transport modes declined. William Alden III photo via Wikimedia. Electric power sector US coal [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]
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]
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]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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