The Eagle Ford shale oil patch has seen brighter days. New well permits are down, production is low (down from its 2015 peak of 1.7 million b/d, to around 980,000 b/d this year) and producers are pulling out of the region to focus their efforts elsewhere.
(Thu, 22 Sep 2016) Increased production of ethane in the United States has led to increased ethane exports, first by pipeline to Canada and more recently by tanker to overseas destinations. Ethane is used domestically and internationally as a key feedstock for plastics production and other industrial uses.
(Wed, 21 Sep 2016) A partial shutdown of the Colonial Pipeline system, a major source of transportation fuels to the Southeast, has disrupted gasoline supplies, leading to higher prices and product shortages in parts of the region.
The expression, "Crisis brings opportunity and change", sums up the current situation in the Brazilian aluminum industry perfectly.
Instead of the relatively ho-hum day-to-day ups and downs that pass for normal in the world of buying and selling commodities, those who deal in jet fuel in the Chicago area have had to familiarize themselves with terms enough to make market players pull their hair out.
(Tue, 20 Sep 2016) The U.S. Energy Information Administration now provides a report with daily information on Southern California energy markets, the <em>Southern California Daily Energy Report</em>, to help give context to the Aliso Canyon natural gas storage situation.
S&P said in May: “We believe that a decision to go ahead on the Hinkley Point C nuclear newbuild would likely lead to a one-notch rating downgrade given the embedded high execution risks and significant investment needs.”
If Hinkley Point C proceeds, it points to a future UK generation mix heavily reliant on fixed-cost generation and provides a bleak outlook for gas-fired operators, CCS and new forms of renewables like tidal power.
(Mon, 19 Sep 2016) The United States simultaneously imports and exports gasoline because of regional differences in gasoline supply and demand balances. The two regions with the largest supply and demand imbalances are the East Coast, which imported 581,000 barrels per day (b/d) of gasoline in 2015, and the Gulf Coast, which exported 551,000 b/d of gasoline in 2015.
(Mon, 19 Sep 2016) EIA?s Southern California Daily Energy Report shows how electricity and natural gas are being managed in Southern California following the discovery of the leak at the Aliso Canyon natural gas storage facility in October 2015.
