Ample oil supply in a demand-constrained world: Fuel for Thought
Anyone looking for clues as to the direction of global oil demand would be well advised to count the number of electric bicycles dodging traffic in China’s streets.
Petroleum product exports from Central Atlantic states were unusually high in February
(Mon, 15 May 2017) Exports of finished petroleum products from the Central Atlantic region of the United States (Petroleum Administration of Defense District, or PADD 1B) reached a record high in February 2017. Increased exports were driven by lower prices for several petroleum products in the Central Atlantic region compared with prices in other regions in the Atlantic Basin.
U.S. nuclear capacity and generation expected to decline as existing generators retire
(Fri, 12 May 2017) Nuclear power currently accounts for about 20% of electricity generation in the United States, playing an important role in electricity markets. EIAâs 2017 <em>Annual Energy Outlook</em> (AEO2017) Reference case assumes that about 25% of the nuclear capacity now operating that does not have announced retirement plans will be removed from service by 2050.
Natural gas has displaced coal in the Northeastâs generation mix over the past 10 years
(Thu, 11 May 2017) The generation fuel mix of electricity in the Northeast Census division of the United States shifted dramatically over the past ten years. In the nine Northeast states, natural gas nearly doubled its share of the region's total generation to 41% in 2016, up from 23% in 2006.
Flows of gasoline and diesel into the Midwest fall as demand flattens and production grows
(Wed, 10 May 2017) Over the past 10 years, increased refining activity and relatively flat demand in the MidwestâPetroleum Administration for Defense District 2 (PADD 2)âhave allowed refiners in the region to meet a larger share of regional gasoline and diesel fuel needs.
Kazakhstan Country Analysis Brief
(Wed, 10 May 2017) Kazakhstan is a major oil producer. The countryâs estimated total petroleum and other liquids production was 1.698 million barrels per day (b/d) in 2016. Oil field development in Kazakhstan reached two milestones in 2016. In October 2016, Kashagan field resumed production after years of delays. In July 2016, the Tengizchevroil consortium made a final investment decision on a project to increase liquids production at the Tengiz field by about 260,000 b/d.
Analysis and Representation of Miscellaneous Electric Loads in NEMS
(Wed, 10 May 2017) Miscellaneous Electric Loads (MELs) comprise a growing portion of delivered energy consumption in residential and commercial buildings. Miscellaneous end usesâincluding televisions, personal computers, security systems, data center servers, and many other devicesâhave continued to penetrate into building-related market segments. Part of this proliferation of devices and equipment can be attributed to increased service demand for entertainment, computing, and convenience appliances.
New pipeline infrastructure should accommodate expected rise in Permian oil production
(Tue, 09 May 2017) As crude oil production in the Permian Basin of western Texas and eastern New Mexico has increased, pipeline infrastructure has also increased to deliver this crude oil to demand centers on the U.S. Gulf Coast.
American households use a variety of lightbulbs as CFL and LED adoption increases
(Mon, 08 May 2017) As lighting technologies evolve and adapt to federal standards, lighting in U.S. homes is in a state of transition. Data from the 2015 Residential Energy Consumption Survey (RECS) show that, as of 2015, most homes in the United States used more than one type of lightbulb, primarily a mix of incandescent and compact fluorescent (CFL).
Trump’s first 100 days come and go: Of Presidents and Prices
The commodities price watch after President Donald Trump’s first 100 days is a mixed bag, with four commodities losing value since he took office and seven gaining.