MassiveIndustry

(Tue, 26 Jun 2018) Starting with the May 2018 release of the <em>Petroleum Supply Monthly</em>, EIA now publishes U.S. petroleum export data by region, defined as Petroleum Administration for Defense District (PADD), of origin and by country of destination. Before this change, users could only see the total amount exported from each U.S. PADD, but not the actual destination associated with those PADD-level exports.

(Mon, 25 Jun 2018) Consumption of hydrocarbon gas liquids (HGL) in the United States totaled 928 million barrels in 2016, up about 12% since 2010. During the same time, total U.S. HGL prices fell by 47% and, consequently, expenditures decreased by about 41%. In 2016, total U.S. HGL expenditures were $32 billion, the lowest since 2003.

If electric vehicles, which rely wholly or partly on electricity stored in batteries as their source of energy, revolutionize road transport in the way many expect, demand for lithium will rise exponentially. China will be at the forefront of this.

A proposed canal would open a new trade route and cement President Recep Tayyip Erdogan’s legacy. But critics warn that he is overreaching as the economy stalls.