Energy news

U.S. imports of Canadian crude oil by rail increase

(Wed, 02 May 2018) Growth in Canadian crude oil production has outpaced expansions in pipeline takeaway capacity and, along with past pipeline outages, has driven Canadian crude oil prices lower and increased Canadian crude oil exports by rail to the United States. However, the outlook for increased volumes of Canadian crude oil shipped by rail to the United States is highly uncertain despite significant U.S. demand for Canadian crude oil, specifically on the U.S. Gulf Coast.

May 01, 2018 By 0 Comments Read more...

U.S. crude oil production efficiency continues to improve

(Tue, 01 May 2018) U.S. tight oil production increased in 2017, accounting for 54% of total U.S. crude oil production, in part because of the increasing productivity of new wells. Since 2007, the average first full month of oil production from new wells in regions tracked by EIA’s <em>Drilling Productivity Report</em> (DPR) has generally increased. These growing initial production rates have helped tight oil production to increase despite slowdowns in drilling activity when oil prices fell.

April 30, 2018 By 0 Comments Read more...

New import duties drive biomass-based diesel imports down in 2017

(Mon, 30 Apr 2018) U.S. imports of biomass-based diesel, which include biodiesel and renewable diesel, totaled 14.1 million barrels in 2017, a 36% decrease from 2016. Although increasing Renewable Fuel Standard (RFS) targets have driven increased biomass-based diesel demand in recent years, imports fell in 2017 largely because of U.S. Department of Commerce (DOC) import duties imposed on foreign biodiesel volumes sourced from Argentina and Indonesia, two of the leading exporters of biodiesel.

April 29, 2018 By 0 Comments Read more...

U.S. exported a record amount of fuel ethanol in 2017

(Fri, 27 Apr 2018) The United States exported nearly 1.4 billion gallons of fuel ethanol in 2017, surpassing the previous record of 1.2 billion gallons set in 2011. U.S. imports of ethanol in 2017 increased compared with 2016 but remained relatively small at 77 million gallons, resulting in the United States being a net exporter of ethanol for the eighth consecutive year.

April 26, 2018 By 0 Comments Read more...

Renewable energy subsidies have declined as tax credits, other policies diminish

(Thu, 26 Apr 2018) Federal subsidies for renewable energy—including biofuels for transportation use and renewable generation of electricity—dropped to $6.7 billion in fiscal year (FY) 2016, a 56% decline from FY 2013. Renewable subsidies in FY 2010 and FY 2013 were approximately $15 billion, more than double FY 2016 levels, as support from the American Recovery and Reinvestment Act of 2009 (ARRA) lessened.

April 25, 2018 By 0 Comments Read more...

Direct Federal Financial Interventions and Subsidies in Energy in Fiscal Year 2016

(Tue, 24 Apr 2018) An update is available to a series of EIA reports on federal direct financial interventions and subsidies into energy markets. Using FY 2016 data sources, EIA assigns within-scope U.S. tax and direct expenditures to a set of discrete energy system categories. Most current federal subsidies support developing renewable energy supplies (primarily biofuels, wind, and solar) and reducing energy consumption through energy efficiency.

April 23, 2018 By 0 Comments Read more...

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