(Tue, 26 Mar 2019) Crude oil prices in the Permian region have increased since the beginning of the year as two recent pipeline capacity additions reduced some of the takeaway constraints that developed in the middle of 2018. These transportation constraints had forced producers to use more expensive ways to transport crude oil, resulting in lower received prices.
(Tue, 26 Mar 2019) Working gas stocks in the Pacific totaled 96 billion cubic feet (Bcf) for the week ending March 15, 2019: the lowest level ever reported for the region since implementation of the five-region model for the Weekly Natural Gas Storage Report (WNGSR), dating back to 2010. The previous lowest level reported for the Pacific region occurred in 2014, when working gas fell to 102 Bcf for the week ending March 28, 2014. The Pacific region is highly dependent on natural gas storage stocks because it has little indigenous natural production.
(Mon, 25 Mar 2019) Algeria is a major crude oil and natural gas producer in Africa and has been an OPEC member since 1969. Algeria exports a large amount of its crude oil and natural gas production to Europe. Many of the crude oil fields in Algeria are mature, and the country is likely to see declines in production if additional upstream investment does not occur.
(Thu, 21 Mar 2019) Electricity generation from U.S. nuclear power plants totaled 807.1 million megawatthours (MWh) in 2018, slightly more than the previous peak of 807.0 million MWh in 2010, based on preliminary annual data. Although several nuclear power plants have closed since 2010, a combination of added capacity through uprates and shorter refueling and maintenance cycles allowed the remaining nuclear power plants to produce more electricity. In the near future, however, EIA expects that U.S. nuclear power output will decline.
(Wed, 20 Mar 2019) Carbon dioxide emissions from U.S. energy consumption will remain near current levels through 2050, according to projections in EIAâs <em>Annual Energy Outlook 2019</em>. The AEO2019 Reference case, which reflects no changes to current laws and regulations and extends current trends in technology, projects that U.S. energy-related carbon dioxide (CO2) emissions will be 5,019 million metric tons in 2050, or 4% below their 2018 value, as emissions associated with coal and petroleum consumption fall and emissions from natural gas consumption rise.
(Tue, 19 Mar 2019) Renewable generation provided a new record of 742 million megawatthours (MWh) of electricity in 2018, nearly double the 382 million MWh produced in 2008. Renewables provided 17.6% of electricity generation in the United States in 2018.
(Fri, 15 Mar 2019) Annual state-level estimates of consumption, prices, and expenditures for distillate fuel oil, residual fuel oil, and kerosene through 2017.
(Fri, 15 Mar 2019) Petroleum refineries in the U.S. Gulf Coast increasingly rely on merchant suppliers, rather than their own production, to provide the hydrogen used to reduce the sulfur content of fuel. As global demand for distillate fuel oil has increased and sulfur content regulations have become more stringent, refineries have needed to use more hydrogen. Hydrogen demand is expected to continue to rise as International Maritime Organization regulations that limit the sulfur content in marine fuels take effect on January 1, 2020.
(Thu, 14 Mar 2019) U.S. natural gas production grew by 10.0 billion cubic feet per day (Bcf/d) in 2018, an 11% increase from last year. The increase was the largest annual volumetric growth on record and reached a record high for the second consecutive year. U.S. natural gas production measured as gross withdrawals averaged 101.3 Bcf/d in 2018, the highest volume on record. U.S. natural gas production measured as marketed production and dry natural gas production also reached new highs at 89.6 Bcf/d and 83.4 Bcf/d, respectively.
(Thu, 14 Mar 2019) Net withdrawals for the Lower 48 states totaled 204 billion cubic feet (Bcf) for the week ending March 8, 2019. This value is the largest value ever reported for March in the <em>Weekly Natural Gas Storage Report</em> (WNGSR). Out of the 20 largest reported March withdrawals, 5 have occurred since 2014, including last weekâs (week ending March 1, 2019) reported net withdrawal of 149 Bcf.
