Oil and Natural Gas Resources and Technology

(Mon, 26 Mar 2018) This first Issue in Focus article from the <em>Annual Energy Outlook 2018</em> (AEO2018), future growth in U.S. crude oil and natural gas production is projected to be driven by the development of tight oil and shale gas resources. However, future domestic tight oil and shale gas production depends on the quality of the resources, the evolution of technological and operational improvements, and market prices, all of which are highly uncertain.

Residential heating oil and propane prices up from last winter

(Thu, 22 Mar 2018) Residential heating oil and propane prices have been higher this winter than last winter. U.S. average heating oil and propane prices this season were 17% and 11% higher, respectively, because of slightly higher crude oil prices, colder winter temperatures, and lower fuel inventories than last winter.

Electricity generation from fossil fuels declined in 2017 as renewable generation rose

(Tue, 20 Mar 2018) According to EIA’s <em>Electric Power Monthly</em>, total U.S. net electricity generation fell slightly (down 1.5%) in 2017, reflecting lower electricity demand. Natural gas and coal generation fell by 7.7% and 2.5% from 2016, respectively, as generation from several renewable fuels, particularly hydro, wind, and solar, increased from 2016 levels.

Solar plants typically install more panel capacity relative to their inverter capacity

(Fri, 16 Mar 2018) A solar photovoltaic (PV) system’s panel capacity is often reported in direct current (DC), while operating capacity in the United States is reported as it is delivered to the grid in alternating current (AC). For economic and engineering reasons, capacity values reported in DC typically are 10% to 30% higher than those reported in AC capacity.

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