Expanded Panama Canal reduces travel time for shipments of U.S. LNG to Asian markets

(Thu, 30 Jun 2016) The newly expanded Panama Canal will be able to accommodate 90% of the world's current liquefied natural gas (LNG) tankers with LNG-carrying capacity up to 3.9 billion cubic feet (Bcf). Prior to the expansion, only 30 of the smallest LNG tankers (6% of the current global fleet) with capacities up to 0.7 Bcf could transit the Canal. The expansion has significant implications for LNG trade, reducing travel time and transportation costs for LNG shipments from the U.S.

Colombia Country Analysis Brief

(Wed, 29 Jun 2016) Colombia experienced a dramatic rise in energy production since the implementation of regulatory reforms in 2003; however, crude oil prices have declined since 2014, which has stymied production growth.

Stripper wells accounted for 10% of U.S. oil production in 2015

(Wed, 29 Jun 2016) Stripper wells, or wells that produce small volumes, represent an important but decreasing share of total U.S. oil and natural gas production. These wells are characterized as producing no more than 15 barrels of oil equivalent per day (boe/d) over a 12-month period. EIA estimates that there were about 380,000 stripper oil wells (so called because they are stripping the remaining oil out of the ground) in the United States operating at the end of 2015, compared to about 90,000 nonstripper oil wells.

U.S. Fuel Ethanol Plant Production Capacity

(Wed, 29 Jun 2016) This is the sixth release of the U.S. Energy Information Administration data on fuel ethanol production capacity. EIA first reported fuel ethanol production capacity for January 2011 on November 29, 2011. This new report contains production capacity data for all operating U.S. fuel ethanol production plants as of January 1, 2016.

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