(Tue, 18 Jul 2017) Coal exports for the first quarter of 2017 were 58% higher than in the same quarter last year, with steam coal exports increasing by 6 million short tons (MMst) and metallurgical coal exports increasing by 2 MMst. Most of these exports were shipped from Atlantic Coast and Gulf of Mexico ports.
(Tue, 18 Jul 2017) This report presents the major assumptions of the National Energy Modeling System (NEMS) used to generate the projections in the Annual Energy Outlook 2017, including general features of the model structure, assumptions concerning energy markets, and the key input data and parameters that are the most significant in formulating the model results.
Favorable price differentials are leading to growing US crude exports from the Gulf Coast, which in turn is helping to fuel an infrastructure buildout.
There are many contributing factors that are causing US oil prices to remain suppressed.
(Mon, 17 Jul 2017) In the latest <em>Short-Term Energy Outlook</em> (STEO), EIA forecasts that the U.S. retail price for regular gasoline will average $2.38 per gallon (gal) this summer (April through September). If realized, it would be the second-lowest summer average gasoline price since 2005.
(Fri, 14 Jul 2017) Seven electricity providers in the western portion of the United States and Canada have plans to join the California Independent System Operatorâs (CAISO) western energy imbalance market (EIM) over the next several years. The EIM allows for more frequent dispatch of electricity-generating resources in the region.
Six months into Donald Trump’s presidency and not a single infrastructure project has been approved as a result of any efforts by him and his administration. It is all talk, so far, even though it was a cornerstone of Trump’s campaign and also that of his Democratic rival Hillary Clinton.
(Thu, 13 Jul 2017) EIA now forecasts Brent crude oil spot prices to average $51 per barrel (b) in 2017 and $52/b in 2018. West Texas Intermediate (WTI) crude oil prices are expected to be $2/b lower than Brent prices in 2017 and 2018. Daily and monthly prices could vary significantly from this forecast because global economic developments and geopolitical events in the coming months have the potential to push oil prices higher or lower than the current forecast.
Lackluster demand in key markets has persisted, and renewed concerns in Brazil are leading to a pessimistic outlook for Latin American polymer markets.
(Wed, 12 Jul 2017) As of January 1, 2017, U.S. operable atmospheric crude distillation capacity reached 18.6 million barrels per calendar day (b/cd), 1.6% higher than at the beginning of 2016, according to EIA's annual Refinery Capacity Report. This increase in operable capacity was slightly lower than last yearâs increase of 2.0%
