Fuel for Thought: First Nations flex muscles in US, Canada pipeline debate
First Nations tribes in Canada and the US have started flexing their muscles, successfully delaying pipeline projects on both sides of the border.
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The US is the world’s largest consumer of oil, as well as one of its largest producers, making it uniquely positioned at the recent International Energy Forum in Algiers.
Hurricane Matthew may cause problems for East Coast energy infrastructure
(Fri, 07 Oct 2016) Hurricane Matthew is expected to make landfall in Florida as a Category 3 storm Friday morning. The storm is on track to move north along the East Coast as far as North Carolina this weekend, potentially bringing torrential rainfall, storm surges, and flooding to the region.
U.S. residential electricity prices decline for the first time in many years
(Thu, 06 Oct 2016) During the first six months of 2016, residential customers paid on average 12.4 cents per kilowatthour (kWh), or 0.7% lower than the same period last year. If this trend continues for the rest of 2016, annual average residential electricity prices would decline for the first time since 2002.
2015 Electric Sales, Revenue and Average Price Data
(Thu, 06 Oct 2016) This report contains data on electricity sales, revenue, and prices for all 50 states and the District of Columbia spreadsheets with retail sales and revenue data from the 2015 Form EIA-861
Cargo re-trading, China buying in H1 set stage for metallurgical coal record rally
Metallurgical coal’s breathtaking 131% price rally in the third quarter of 2016 has elevated the steelmaking raw material to become the year’s best performing commodity so far.
Office buildings with data centers use significantly more electricity than other offices
(Wed, 05 Oct 2016) Data from the most recent Commercial Buildings Energy Consumption Survey (CBECS) show that office buildings with data centers have significantly higher computing, cooling, and total electricity intensity (consumption per square foot) than office buildings without data centers.
Growth in propane exports drove U.S. petroleum product export growth in first half of 2016
(Tue, 04 Oct 2016) In the first half of 2016, the United States exported 4.7 million barrels per day (b/d) of petroleum products, an increase of 500,000 b/d over the first half of 2015 and almost 10 times the crude oil export volume. While U.S. exports of distillate and gasoline increased by 50,000 b/d and nearly 140,000 b/d, respectively, propane exports increased by more than 230,000 b/d. Propane surpassed motor gasoline to become the second-largest U.S. petroleum product export, after distillate.
Hammond Addresses ‘Brexit’ Turbulence With Hints of Policy Shift
The chancellor of the Exchequer promised to take “whatever steps are necessary to protect this economy” as the country prepares to leave the European Union.
Fuel for Thought: Indonesia’s refinery buildup to hit Asia’s oil product exporters
Indonesia's refining sector development has finally picked up pace and this does not bode well for Asia's oil product exporters.