U.S. fuel ethanol production capacity continues to increase

(Wed, 01 Aug 2018) Fuel ethanol production capacity in the United States reached more than 16 billion gallons per year, or 1.06 million barrels per day (b/d), at the beginning of 2018, according to EIA's most recent U.S. Fuel Ethanol Plant Production Capacity report. Total listed, or nameplate capacity, of operable ethanol plants increased by 5%—more than 700 million gallons per year—between January 2017 and January 2018.

Electricity Reliability Council of Texas surpassed all-time peak hourly load in July

(Tue, 31 Jul 2018) On July 18, 2018, electricity demand in the area served by the Electricity Reliability Council of Texas (ERCOT) reached a new all-time hourly peak load of 72,192 megawatts (MW) during the hour starting at 4:00 p.m. That record was itself surpassed the following day during the hour starting at 5:00 p.m., with load reaching 73,259 MW. The previous record of 71,111 MW occurred on August 11, 2016. Despite some sporadic power outages, ERCOT managed this new record demand without any widespread loss of load to the system.

In 2016, U.S. energy expenditures per unit GDP were the lowest since at least 1970

(Mon, 30 Jul 2018) U.S. energy expenditures declined for the fifth consecutive year, reaching $1.0 trillion in 2016, a 9% decrease in real terms from 2015. Adjusted for inflation, total energy expenditures in 2016 were the lowest since 2003. Expressed as a percent of gross domestic product (GDP), total energy expenditures were 5.6% in 2016, the lowest since at least 1970.

U.S. distillate fuel inventories are low for this time of year

(Fri, 27 Jul 2018) Inventories of distillate fuel, a category that includes both diesel and home heating oil, were 117.7 million barrels at the end of June, the lowest end-of-June level since 2004. Distillate inventories have generally been lower than the previous five-year (2013–2017) average throughout 2018. Relatively low inventory levels reflect growth in distillate consumption during 2018 that has not been fully offset by increased domestic refinery production or by lower net exports of distillate.

EIA’s Short-Term Energy Outlook adds natural gas and hydrocarbon gas liquids charts

(Thu, 26 Jul 2018) EIA’s <em>Short-Term Energy Outlook</em> (STEO) revised its standard set of figures in its July 2018 publication. To provide more clarity on changing natural gas and hydrocarbon gas liquids (HGL) markets, two new natural gas figures and four new HGL figures are now included with the monthly forecast. Many of the figures previously included in STEO have been redesigned.

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