US border policy could curb travel amid already weak jet fuel demand
Uncertainty surrounding efforts to harden the US border could cut into business travel demand this year at a time when jet fuel demand is already weak.
U.S. crude oil imports from Saudi Arabia and Iraq recently increased, but may decline soon
(Fri, 24 Feb 2017) U.S. crude oil imports from Saudi Arabia and Iraq, two of the United Statesâ main sources for imported crude oil, have risen since reaching relatively low points in 2014 and 2015. On a combined basis, crude oil imports from these countries are the highest since late 2012.
RFA accentuates the positive as America’s ethanol awaits Trump effect
When Bob Dinneen, CEO and president of the RFA, stepped up to address the National Ethanol Conference this week, the house was packed.
Chinaâs use of methanol in liquid fuels has grown rapidly since 2000
(Thu, 23 Feb 2017) China is the global leader in methanol use and has recently expanded methanol production capacity. Since the early 2000s, Chinaâs methanol consumption in fuel products has risen sharply and is estimated to have been more than 500,000 barrels per day (b/d) in 2016.
Liquefied natural gas exports expected to drive growth in U.S. natural gas trade
(Wed, 22 Feb 2017) The United States is expected to become a net exporter of natural gas on an average annual basis by 2018, according to the recently released Annual Energy Outlook 2017 (AEO2017) Reference case. The transition to net exporter is driven by declining pipeline imports, growing pipeline exports, and increasing exports of liquefied natural gas (LNG).
Kenya’s bottom-up electrification: African Energy
Kenya is proving an excellent testing ground for initiatives that prove successful elsewhere in Sub-Saharan Africa. It is now seeking to do the same with electrification.
U.S. crude oil production increases following higher drilling activity
(Tue, 21 Feb 2017) U.S. crude oil production increased for the second consecutive month in November 2016, the first time this has occurred since early 2015.
Mexico turns to the Jurassic era for shale oil: Fuel for Thought
Mexico’s plans to develop its shale oil resources have finally taken a step forward following years of largely fruitless efforts by the state owned company Pemex.
Lower airline fuel costs reduce U.S. airlinesâ operating expenses, increase net profits
(Fri, 17 Feb 2017) Lower crude oil prices in recent years have translated to lower fuel costs and overall lower operating expenses for U.S. passenger airlines. According to the U.S. Department of Transportationâs Bureau of Transportation Statistics (BTS), U.S. passenger airlinesâ collective net profit increased to $25.6 billion in 2015, up from $7.5 billion in 2014.
U.S. uranium production lowest since 2005
(Thu, 16 Feb 2017) U.S. production of uranium concentrate (U3O8) totaled 2.9 million pounds in 2016, 13% lower than the uranium produced in 2015 and the lowest annual U.S. production since 2005. U.S. uranium concentrate production in 2016 was less than 7% of the historical peak production level of 43.7 million pounds in 1980.