Checking in on commodity prices during Trump’s first weeks: Of Presidents and Prices
In this ongoing series, we consider the price averages for some key Platts commodity benchmarks since Trump became president on January 20.
Oklahoma’s earthquake rate slows, but Cushing oil hub remains in danger zone
The good news for Oklahoma is that the number of earthquakes stronger than magnitude 2.7 that hit the state fell by more than a third in 2016. But what of the bad news?
California imports about a quarter of its electricity on average
(Fri, 03 Mar 2017) In 2016, the California Independent Systems Operator (ISO), which coordinates most of the electricity used in California, imported a net daily average of 201 billion kilowatthours (kWh) throughout the year from other western regions, or about 26% of its average daily demand.
New Jersey Area Rising Around Transit Hub Lacks One Thing: Its Hub
In North Brunswick, new townhouses, restaurants and stores are being built along the nation’s busiest rail corridor. But no ground has been broken on the community’s promised train station.
Projected carbon dioxide emissions are sensitive to factors driving fossil fuel use
(Thu, 02 Mar 2017) The U.S. Energy Information Administrationâs Annual Energy Outlook 2017, released in January, explores several factors affecting projected fossil fuel use and the resulting level of energy-related CO2 emissions over the coming decades.
Perspectives on the Development of LNG Market Hubs in the Asia Pacific Region
(Thu, 02 Mar 2017) The report discusses current initiatives to establish regional liquefied natural gas (LNG) trading hubs and pricing benchmarks in Asia and assesses the prospects for the Asian gas hubs in the near future. The report examines the characteristics of successful natural gas trading hubs and develops qualitative and quantitative indicators of the components of effective hubs, with emphasis on applying these indicators to Asian markets.
Trump Offers ‘Miracles,’ but Few Details on How to Achieve Them
The president offered a vision of more jobs and less crime and poverty, but a reduction in regulations was just about the only goal for which he gave specifics.
Canada is the United Statesâ largest partner for energy trade
(Wed, 01 Mar 2017) Canada is the largest energy trading partner of the United States. Based on the latest annual data from the U.S. Census Bureau, energy accounted for about 5% of the value of all U.S. exports to Canada and more than 19% of the value of all U.S. imports from Canada in 2016.
OPEC giving up the gains
OPEC compliance with oil output cut goals appears to have been good, with cold weather and natural declines adding to reductions from non-OPEC producers.
In California, a Move to Ease the Pressures on Aging Dams
A tract of farmland, inadvertently flooded, shows a “softer” path to managing the state’s immense water system in an era of climate change.