U.S. Oil Exports Are Rising. So Is the Trade Deficit.
The Trump administration has touted increased energy exports as a key element in its strategy to rebalance foreign trade. It’s not working.
The Trump administration has touted increased energy exports as a key element in its strategy to rebalance foreign trade. It’s not working.
(Thu, 06 Dec 2018) On November 30, 2018, the U.S. Environmental Protection Agency (EPA) issued a final rule for the 2019 Renewable Fuel Standard (RFS) program, with the total U.S. renewable fuel volume requirement set 3% higher than the 2018 mandate, but nearly 30% lower than the statutory volume standards set forth by the Energy Independence and Security Act of 2007 (EISA 2007).
Anger can be power. But maybe it shouldn’t be.
(Tue, 04 Dec 2018) EIA expects total U.S. coal consumption in 2018 to fall to 691 million short tons (MMst), a 4% decline from 2017 and the lowest level since 1979. U.S. coal consumption has been falling since its peak in 2007, and EIA forecasts that 2018 coal consumption will be 437 MMst (44%) lower than 2007 levels, mainly driven by declines in coal use in the electric power sector.
Hundreds of big projects are planned for the rivers that plunge from the roof of the world.
President Trump promised to replace the bridge. It is one of the many projects across the country in jeopardy without a federal infrastructure bill.
(Wed, 28 Nov 2018) The U.S Energy Information Administration (EIA) commissioned a two-phase study to examine the possible changes in U.S. refinery operations that might be causing the increasing price differential between premium gasoline and regular retail gasoline prices since 2010.
(Wed, 28 Nov 2018) Shikoku Electric Power Co. restarted the 890 megawatt (MW) Ikata-3 reactor in Japanâs Ehime Prefecture at the end of October, the fifth nuclear reactor in Japan to be restarted in 2018. Japan had suspended its nuclear fleet in 2013 for mandatory safety checks and upgrades following the 2011 Fukushima accident, and before 2018 only four reactors had been restarted.
A cycling-and-pedestrian circuit around Manhattan has drawn complaints that the city’s cycling boom creates hazards for older pedestrians.
(Tue, 27 Nov 2018) Flattening year-over-year growth in gasoline demand in the United States, combined with high levels of refinery output, have contributed to low or negative motor gasoline refining margins for refiners along the East and Gulf Coasts. Gasoline refining marginsâthe difference between the spot price of gasoline and the Brent crude oil spot priceâhave been on a downward trend since August, and these margins have been at some of their lowest October and November levels in the past five years.