Market news

Power marketers are increasing their share of U.S. retail electricity sales

(Tue, 12 Jun 2018) Competitive power marketers supplied about 21% of the retail electricity sold in the United States in 2016, up from 11% in 2005. The share of retail electricity sales of regulated investor-owned utilities fell from 62% in 2005 to 52% in 2016. This shift was driven by the Energy Policy Act of 2005, which repealed the Public Utility Holding Company Act of 1935 and closed the original federal regulatory structure established by New Deal-era legislation, which was a combination of public financial reforms and regulations in the 1930s.

June 11, 2018 By 0 Comments Read more...

Global LNG trade continues to grow, especially from Australia and the United States

(Mon, 11 Jun 2018) Global trade in liquefied natural gas (LNG) reached 38.2 billion cubic feet per day (Bcf/d) in 2017, a 10% (3.5 Bcf/d) increase from 2016 and the largest annual volume increase on record, according to the Annual Report on LNG trade by the International Association of Liquefied Natural Gas Importers (GIIGNL). In 2017, there were 19 LNG exporting countries and 40 LNG importing countries. Australia and the United States were among the countries with the largest increases (2.7 Bcf/d combined) in 2017 LNG exports.

June 10, 2018 By 0 Comments Read more...

Southern California's natural gas infrastructure may face constraints this summer

(Fri, 08 Jun 2018) Regional natural gas infrastructure issues in Southern California could affect electricity reliability this summer, according to separate studies recently released by the Southern California Gas Company (SoCalGas) and the Aliso Canyon Technical Assessment Group. Depending on natural gas infrastructure changes and storage operations this summer, these issues could also have implications for the upcoming winter.

June 07, 2018 By 0 Comments Read more...

U.S. households with more vehicles travel more but use additional vehicles less

(Thu, 07 Jun 2018) Households in the United States with more vehicles not only travel more, but they often put more miles on their most-used (primary) vehicle compared with households with fewer vehicles, according to the Federal Highway Administration’s National Household Travel Survey (NHTS). Households with just one vehicle drove an average of about 11,100 miles per year, while households with more than five vehicles traveled a total of about 41,800 miles; each additional vehicle within a household had less average use.

June 06, 2018 By 0 Comments Read more...

Distillate fuel oil was the most exported U.S. petroleum product in 2017

(Wed, 06 Jun 2018) Distillate fuel continued to be the most exported U.S. petroleum product in 2017, averaging 1.4 million barrels per day (b/d) of gross exports. U.S. distillate exports went to 79 different destinations in 2017, particularly to markets in Central America, South America, and Europe. The proximity of U.S. Gulf Coast refineries to Mexico and to Central and South America combined with high demand in these regions led to higher U.S. distillate exports to these locations.

June 05, 2018 By 0 Comments Read more...

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