EIA


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EIA Expects Total U.S. Fossil Fuel Production to Reach Record Levels in 2018 and 2019

Source: U.S. Energy Information Administration, Monthly Energy Review and Short-Term Energy Outlook In its January 2018 Short-Term Energy Outlook (STEO), EIA forecasts that total fossil fuels production in the United States will average almost 73 quadrillion British thermal units ( ...

OilVoice Press - OilVoice


Posted 8 hours agoOpinion > EIAEnergy Information Administration EIAFossil Fuels +6

S&P Global Platts Survey of Analysts Suggests U.S. EIA Data to Show 189-Bcf Draw to Natural Gas Stocks

WASHINGTON (January 17, 2018) – The U.S. Energy Information Administration (EIA) on Thursday is expected to report a 189-billion cubic feet (Bcf) withdrawal for the week that ended January 12, according to a survey of analysts by S&P Global Platts, the leading independent provider of information an ...

OilVoice Press - OilVoice


Posted 1 day agoOpinion > S&P Global PlattsUSUnited States +4

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Stocks Fell 425,000 Barrels

NEW YORK (January 16, 2018) – Tightening US crude stocks recently turned NYMEX crude's nearby term structure to backwardation, which could attract even more speculative length into the market and help sustain higher prices, according to a Tuesday S&P Global Platts preview of this week's pending U.S ...

OilVoice Press - OilVoice


Posted 1 day agoOpinion > S&P Global PlattsUSUnited States +4

Natural Gas Prices, Production, and Exports Increased From 2016 to 2017

Source: U.S. Energy Information Administration, based on Thomson Reuters In 2017, natural gas spot prices at the national benchmark Henry Hub in Louisiana averaged $3.01 per million British thermal units (MMBtu), about 50 cents per MMBtu higher than in 2016. The higher prices in 2017 contr ...

OilVoice Press - OilVoice


Posted 2 days agoOpinion > natural gasNatural Gas PriceNatural Gas Production +6

During Recent Cold Snap, the U.S. Withdrew a Record Amount of Natural Gas From Storage

Source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report During the recent cold weather event that affected much of the eastern United States, more natural gas was withdrawn from storage fields around the country than at any other point in history. Net withdrawals ...

OilVoice Press - OilVoice


Posted 6 days agoOpinion > United StatesUSnatural gas +4

EIA Forecasts Mostly Flat Crude Oil Prices and Increasing Global Production Through 2019

Source: U.S. Energy Information Administration, Short-Term Energy Outlook , January 2018 EIA's January Short-Term Energy Outlook forecasts Brent crude oil to average $60 per barrel (b) in 2018 and $61/b in 2019, slightly higher than the $54/b average in 2017. In both 2018 and 2019, EIA ...

OilVoice Press - OilVoice


Posted 7 days agoOpinion > EIAEnergy Information Administration EIAUnited States +5

Almost all Power Plants that Retired in the Past Decade Were Powered by Fossil Fuels

Source: U.S. Energy Information Administration, Form EIA-860M, Preliminary Monthly Electric Generator Inventory Note: Includes reported retirements through October 2017 and reported planned retirements for November and December. Nearly all of the utility-scale power plants in the United ...

OilVoice Press - OilVoice


Posted 9 days agoOpinion > United StatesUSEIA +5

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Stocks Fell 3.5 Million Barrels

After rising last week to their highest levels since December 2014, crude oil futures could face selling pressure over the coming weeks from seasonal builds in U.S. crude oil stocks due to refinery maintenance, according to an S&P Global Platts preview of this week's pending U.S. Energy Information ...

OilVoice Press - OilVoice


Posted 9 days agoOpinion > EIAS&P Global PlattsCrude Stocks +3

EIA: US Gasoline Prices Increased in 2017

Source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update U.S. regular retail gasoline prices averaged $2.41 per gallon (gal) in 2017, 27 cents/gal (13%) higher than in 2016 , but two cents/gal less than in 2015. Higher crude oil prices in 2017 contributed to higher ...

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Posted 10 days agoOpinion > EIAUSUnited States +3

Post-EIA Oil Inventories Commentary: S&P Global Platts Analytics - Quote Sr. Oil Analyst Jenna Delaney

Final numbers for 2017 from the EIA's Petroleum Weekly wrap up a year of significant draws on U.S. petroleum inventories. Total commercial hydrocarbon inventories ended the year 110 million barrels below where the year began. The decline was led by crude oil, which fell by 59 million barrels during ...

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Posted 10 days agoOpinion > EIAOil InventoriesS&P Global Platts +4

Cold Weather, Higher Exports Result in Record Natural Gas Demand

Source: U.S. Energy Information Administration, based on PointLogic Estimated U.S. natural gas demand on January 1, 2018 reached 150.7 billion cubic feet, surpassing the previous single-day record set in 2014, according to estimates from PointLogic. Much colder-than-normal temperatures across ...

OilVoice Press - OilVoice


Posted 10 days agoOpinion > USUnited StatesEIA +3

S&P Global Platts Survey of Analysts Suggests U.S. EIA Data to Show 115-Bcf Withdrawal to Natural Gas Stocks

The U.S. Energy Information Administration (EIA) on Thursday is expected to report a 115-billion cubic feet (Bcf) withdrawal for the week that ended December 22, according to a survey of analysts by S&P Global Platts, the leading independent provider of information and benchmark prices for the comm ...

OilVoice Press - OilVoice


Posted 19 days agoOpinion > S&P Global PlattsS&PUnited States +4

US Crude Oil Production Capacity Has Reached 10 Million Barrels Per Day

Data released today from EIA for October largely confirms earlier predictions by Rystad Energy that US oil production could reach 10 million barrels per day at the end of 2017. Strong growth of US onshore production in October was masked by impacts of hurricane Nate on offshore production in the Gu ...

OilVoice Press - OilVoice


Posted 19 days agoPress > Rystad EnergyUnited StatesEnergy Information Administration EIA +2

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Gasoline Stocks Rose 1.3 Million Barrels

NEW YORK – A slew of refinery problems that surfaced last week likely mitigated the size of an expected build in U.S. gasoline stocks, which should be price supportive for New York Mercantile Exchange (NYMEX) RBOB* futures, despite record-high domestic production, according to an S&P Global Platts ...

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Posted 22 days agoOpinion > S&PS&P Global PlattsUnited States +5

U.S. Biodiesel Production Still Increasing Despite Expiration of Tax Credit

Source: U.S. Energy Information Administration, Monthly Biodiesel Production Report Through the first nine months of 2017, U.S. biodiesel production levels were slightly higher than 2016 levels, despite the expiration of a federal biodiesel blender's tax credit at the end of 2016. Domestic ...

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Posted 1 month agoOpinion > EIAEnergy Information Administration EIAUnited States +3