(Wed, 03 Aug 2016) Movements of crude oil by rail within the United States averaged 443,000 barrels per day (b/d) in the first five months of 2016, down 45% from the same period last year. Fewer shipments of crude oil by rail from the Midwest (PADD 2) to the East Coast (PADD 1) account for about half of the decline.
With the EU looking to cut its transport emissions and high oil import dependency, we discuss whether biofuels or renewable electricity could really displace oil on a large scale.
With China now getting in on the trade case action, it’s worth keeping an eye on.
(Tue, 02 Aug 2016) The early release of the 2015 Annual Electric Sales and Revenue Data from the 2015 Form EIA-861 contains detailed spreadsheets for electricity sales, revenue and price, as well as energy efficiency, demand response, net metering, dispersed and distributed generation, distribution circuits, distribution system reliability, balancing authority and service territory data. The data cover the 50 states, the District of Columbia, and the U.S. territories.
(Tue, 02 Aug 2016) Based on results from EIA's Annual Energy Outlook 2016 (AEO2016) Reference case and International Energy Outlook 2016, EIA projects that the North American share of energy generation from renewable and nuclear energy sources will grow from 38% in 2015 to 45% in 2025. This projection assumes the Clean Power Plan (CPP) is upheld and takes effect in the United States. A recent agreement among Canada, Mexico, and the United States established a goal of 50% of electricity generation from clean energy sources by 2025
High regional gas prices in South America, most notably Argentina, are attracting US exports of domestically produced LNG, with more than 70% of landed cargoes arriving on the continent so far this year, according to new data compiled by Platts Analytics' Eclipse Energy.
When Vladimir Putin greenlighted the sale of Russia’s 50% stake in Bashneft in May, it became a test case for how the government may reshape Russia’s oil industry.
(Mon, 01 Aug 2016) The U.S. Energy Information Administration recently released the <em>What Drives Petroleum Product Prices</em> website that identifies and tracks several fundamental and financial market factors that influence spot and futures prices of gasoline and distillate, the two most consumed petroleum products in the United States. This website offers charts that highlight changes in consumption, production, inventories, and trade, mostly related to the U.S. domestic market along with some charts that include global indicators.
We all remember where we were on Sept. 11, 2001. Others are old enough to remember where they were when JFK was shot. These and other historical events changed the world.
(Fri, 29 Jul 2016) The manufacture of steel and related products is an energy-intensive process. In 2015, the steel industry accounted for 1.5% of all industrial shipments but 6.1% of industrial delivered energy consumption. In EIA's <em>Annual Energy Outlook 2016</em> (AEO2016) Reference case, energy use in the steel industry increases by 11% over 2015–40. Over the same period, the steel industry's energy intensity falls by 27%, compared with an 18% reduction in total industrial energy intensity.
