Electricity customers' service restored in Tallahassee after Hurricane Hermine

(Thu, 15 Sep 2016) Many electric customers lost service as Hurricane Hermine made landfall in Florida and moved over portions of several southern states in early September. Electricity use in the city of Tallahassee, Florida dropped rapidly in the hours after the hurricane's landfall around midnight on September 2, falling to less than 20% of forecast normal hourly demand. Service was not back to near normal levels until at least three days later.

Annual Energy Outlook 2016

(Thu, 15 Sep 2016) The U.S. Energy Information Administration (EIA) today released the full Annual Energy Outlook 2016 (AEO2016), which focus on the factors expected to shape U.S. energy markets through 2040. The projections provide a basis for examination and discussion of energy market trends and serve as a starting point for analysis of potential changes in U.S. energy policies, rules, and regulations, as well as the potential role of advanced technologies.

EIA data show average frequency and duration of electric power outages

(Mon, 12 Sep 2016) Interruptions in electricity service vary by frequency and duration throughout the country across the many electric distribution systems that serve roughly 145 million customers throughout the United States. While some distribution customers have backup generators to provide auxiliary power, most customers are simply without electricity when outages occur.

Narrowing crude oil price differences contribute to global convergence of refining profits

(Thu, 08 Sep 2016) Earnings per barrel of crude oil and other inputs processed by refiners that operate mainly in North America were lower in the second quarter of 2016 compared with the same time last year and are now close to per-barrel earnings by refiners operating elsewhere. North American refiners, which for years were consistently more profitable than other refiners, were less profitable than European refiners and the global average, based on the four-quarter moving average of profits.

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