MassiveIndustry

(Tue, 25 Sep 2018) Working natural gas inventories in the Pacific region lower than last year despite higher inventories in Southern California.

(Thu, 20 Sep 2018) Since mid-2017, the East Coast has been receiving as much crude oil by tanker and barge from the Gulf Coast as it has by rail from the Midwest. In April, the volume of crude oil transported by tanker and barge from the Gulf Coast to the East Coast reached the highest level since mid-2014. At the same time, crude oil shipped to the East Coast by rail from the Midwest has fallen 77% from its peak in late 2014.

(Tue, 18 Sep 2018) Members of the Organization of the Petroleum Exporting Countries (OPEC) received about $567 billion in net oil export revenues in 2017, up 29% from revenues in 2016. Increases in both crude oil prices and in net OPEC oil exports drove revenues higher in 2017, and EIA expects that revenues will continue to increase in 2018, based on EIA’s August Short-Term Energy Outlook.

(Thu, 13 Sep 2018) Hurricane Florence is expected to make landfall near Myrtle Beach, South Carolina as a Category 3 storm on Saturday. The storm’s high winds and heavy rainfall are likely to affect energy infrastructure throughout the region, particularly for electricity transmission and distribution, while widespread evacuations and disruptions to normal business operations could alter electricity demand and supply and demand patterns for transportation fuels.