(Fri, 16 Dec 2016) U.S. dry natural gas production continued to increase in 2015, reaching 74.1 billion cubic feet per day (Bcf/d). This record-high level was a 4.5% (3.2 Bcf/d) increase over 2014, according to EIAâs <em>Natural Gas Annual</em>, which provides final production data for 2015.
(Thu, 15 Dec 2016) U.S. crude oil proved reserves declined 4.7 billion barrels (11.8%) from their year-end 2014 levels to 35.2 billion barrels at year-end 2015, according to EIA's recently released U.S. Crude Oil and Natural Gas Proved Reserves report.
Late 2016 and 2017 will be a crucial time for Mexico’s energy reform to turn from a mere agenda to actions, including work on the upstream pipeline system.
(Wed, 14 Dec 2016) During the first half of 2016, U.S. manufacturers produced approximately 3.3 million tons of wood pellets and sold 3.1 million tons, mostly to foreign markets, according to data from EIAâs newly released <em>Densified Biomass Fuel Report</em>.
Gov. Andrew M. Cuomo of New York has had a surprising level of involvement in the long-delayed $4.4 billion project, which some critics say seems primarily aimed at promoting his image.
Fuel subsidies in Nigeria remain a thorny issue. State support for gasoline and diesel prices places a huge burden on the national finances.
Oil prices are expected to rise after the OPEC deal and there is upside potential for production and IRRs, particularly in premier US basins.
(Tue, 13 Dec 2016) On November 23, the U.S. Environmental Protection Agency (EPA) issued its final rule for the 2017 Renewable Fuel Standard (RFS) program year, with higher targets than those initially proposed in May. EPA increased both the advanced biofuels and total renewable fuel targets while keeping the cellulosic biofuel and biomass-based diesel targets unchanged.
Western sanctions against Moscow have hurt the Russian economy and restricted some energy projects, but they have failed their main objective.
(Mon, 12 Dec 2016) EIAâs <em>Short-Term Energy Outlook</em> (STEO) projects that the average residential customer will consume 4% more electricity over December through March compared with the same period last winter. However, this forecast is highly dependent on winter temperatures. If temperatures are warmer than expected, as they have been the past two months, average electricity use could be slightly below that of the previous winter.
