A new report by S&P Global’s China Senior Analyst Group finds that China will need to take a radically different path of energy consumption from what developed nations currently follow in order to avoid a spiking oil import bill.
(Tue, 20 Jun 2017) Gross inputs to U.S. petroleum refineries, also referred to as refinery runs, averaged a record high 17.7 million barrels per day (b/d) for the week ending May 26, before dropping slightly to 17.5 million b/d for the week ending June 2 and 17.6 million b/d for the week ending June 9. Product supplied to the U.S. market as well as inventories and exports are also at relatively high levels.
(Tue, 20 Jun 2017) The U.S. Energy Information Administration released its annual fuel ethanol production capacity report. The new report contains data for all operating U.S. fuel ethanol production plants as of January 1, 2017.
The proposed partial reversal of Buckeye’s Laurel Pipeline would offer Midwest refiners easier access to the East Coast market.
(Mon, 19 Jun 2017) Compared with other major home appliances such as clothes washers, dryers, and cooking equipment, dishwashers are both less pervasive and less likely to be used when available. Of the 80 million households that have a dishwasher, 16 million (almost 20%) did not use their dishwasher in 2015, based on data from EIAâs Residential Energy Consumption Survey (RECS).
(Fri, 16 Jun 2017) In 2016, natural gas provided 34% of total electricity generation, surpassing coal to become the leading generation source. Natural gas first exceeded coal as the most common electricity fuel on a monthly basis in April 2015 and on an annual basis in 2016. The increase in natural gas generation since 2005 is primarily a result of the continued cost competitiveness of natural gas relative to coal.
Mergers and acquisitions in European steelmaking could have important consequences downstream, with independent service centers increasingly nervous they will be squeezed out of the market.
(Thu, 15 Jun 2017) Forecast world production of crude oil and other liquids in 2017 and 2018 was revised slightly downward in the June edition of EIA's <em>Short-Term Energy Outlook</em> (STEO), which was issued after the May 25 announcement by the Organization of the Petroleum Exporting Countries (OPEC) of an extension to production cuts that were originally set to end this month.
Findings of the Section 232 steel import investigation will likely be shared soon, and it will be interesting to see how imports from Russia are treated.
(Wed, 14 Jun 2017) For the first time, monthly electricity generation from wind and solar (including utility-scale plants and small-scale systems) exceeded 10% of total electricity generation in the United States, based on March data in EIAâs Electric Power Monthly. Electricity generation from both of these energy sources has grown with increases in wind and solar generating capacity.
