(Mon, 30 Nov 2015) U.S. crude oil and lease condensate proved reserves increased by 9% to 39.9 billion barrels, and natural gas proved reserves increased by 10% to 389 trillion cubic feet in 2014, according to EIA's U.S. Crude Oil and Natural Gas Proved Reserves report. U.S. crude oil and lease condensate proved reserves reached the highest level since 1972 and natural gas proved reserves surpassed last year's record level.
(Mon, 30 Nov 2015) Working and net available shell storage capacity as of September 30, 2015 is the Energy Information Administration's (EIA) report containing semi-annual storage capacity data. It includes three tables detailing working and net available shell storage capacity by facility type, product, and PAD District as of September 30.
Never say never... With this in mind, it would probably be foolish to rule out some kind of deal between OPEC and non-OPEC producers to manage supply. Margaret McQuaile explains.
A resident of Hoboken, N.J., writes that the cause of the break isn’t “rocket science.”
Platts senior editor for coal Michael Cooper looks at how Newcastle prices came to this bearish position, the bright spots for the market and the commodity price theory that might give a clue on where Newcastle thermal coal could be heading.
In a faint echo of the damage done by Hurricane Sandy, a broken 36-inch water main flooded the streets of this New Jersey city over the weekend and left homes without tap water.
(Wed, 25 Nov 2015) U.S. retail regular-grade gasoline prices continue to decline, averaging $2.09 per gallon as of November 23, 73 cents lower than this time last year and the lowest heading into a Thanksgiving holiday weekend since 2008.
(Wed, 25 Nov 2015) Venezuela contains some of the largest oil and natural gas proved reserves in the world and consistently ranks as one of the world?s top suppliers of crude oil to the United States. As a founding member of the Organization of the Petroleum Exporting Countries (OPEC), Venezuela is an important player in the global oil market. Although oil production has declined since its peak in the late 1990s, Venezuela has been among the largest oil exporters in the world.
There is mounting concern that use of antibiotics in livestock will contribute to antimicrobial-resistant pathogens, with repercussions for human and animal health. This report explores how limiting antibiotic use for livestock productivity-enhancement purposes may affect farmer practices and profits, as well as market prices and volumes.
This report examines the food safety performance of producers supplying raw chicken to the National School Lunch Program through the Agricultural Marketing Service to determine if reputation is enough incentive for producers to supply safe food.
