Outages from wildfires in Alberta, Canada and militancy in Nigeria slowed the decline in Venezuela’s exports Venezuela’s crude oil production has been on a downward trend for two decades, but it has experienced significant decreases [Read more]
After 2030, as oil prices continue to increase, more investment in resources expected to result in increased production Upstream investment in crude oil and liquids production is highly sensitive to crude oil prices, particularly production [Read more]
West Coast jet fuel imports primarily from South Korea, China, and Japan Net imports of jet fuel into the West Coast (defined as Petroleum Administration for Defense District, or PADD, 5) have increased in recent years [Read more]
US ethanol consumption increased 1% in 2017, same expect to 2019 Estimated ethanol production margins at U.S. corn ethanol plants averaged 22 cents per gallon (gal) in 2017. Last year was the fifth consecutive year [Read more]
EIA projects natural gas produced in Appalachian and Permian basins will account for most production growth EIA expects a 40% increase in natural gas consumed in the U.S. industrial sector, from 9.8 quadrillion British thermal [Read more]
Tight oil estimated to make up 77% of total US production by 2050 EIA’s recently released Annual Energy Outlook 2018 (AEO2018) Reference case projects that U.S. tight oil production will generally increase through the early 2040s, when [Read more]
Commercial stocks of crude oil provide 452 million barrels, equivalent to another 172 days of import protection Recent legislation has directed the sale of more than 100 million barrels of oil from the U.S. Strategic [Read more]
By 2030, US net petroleum exports will total 5.3 million b/d EIA projects that the United States will become a net energy exporter in 2022 in the newly released Annual Energy Outlook 2018 (AEO2018) Reference case, primarily [Read more]
US energy-related CO2 emissions declined by 861 million metric tons, 14% from 2005 to 2017 In the latest Short-Term Energy Outlook, EIA projects that CO2 emissions will rise 1.8 per cent, from 5,143 million metric tons [Read more]
Production continued to increase through price fluctuations in Bakken and Permian basins U.S. crude oil production reached 10.038 million barrels per day (b/d) in Nov. 2017, according to EIA’s latest Petroleum Supply Monthly. Nov. production is [Read more]
Global petroleum consumption grew by 1.4MM b/d in 2017 (to 98.4MM b/d), will grow by 1.7MM b/d in 2018, 1.6MM b/d in 2019 The U.S. Energy Information Administration’s Jan. Short-Term Energy Outlook forecasts Brent crude oil to average [Read more]
Since 2008, most retirements in Texas were generators using natural gas steam and petroleum technologies Nearly all of the utility-scale power plants in the United States that were retired from 2008 through 2017 were fueled [Read more]
@2020 Energi Media Ltd., | Thoughtful Energy Journalism
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