RFA accentuates the positive as America’s ethanol awaits Trump effect
When Bob Dinneen, CEO and president of the RFA, stepped up to address the National Ethanol Conference this week, the house was packed.
Chinaâs use of methanol in liquid fuels has grown rapidly since 2000
(Thu, 23 Feb 2017) China is the global leader in methanol use and has recently expanded methanol production capacity. Since the early 2000s, Chinaâs methanol consumption in fuel products has risen sharply and is estimated to have been more than 500,000 barrels per day (b/d) in 2016.
Liquefied natural gas exports expected to drive growth in U.S. natural gas trade
(Wed, 22 Feb 2017) The United States is expected to become a net exporter of natural gas on an average annual basis by 2018, according to the recently released Annual Energy Outlook 2017 (AEO2017) Reference case. The transition to net exporter is driven by declining pipeline imports, growing pipeline exports, and increasing exports of liquefied natural gas (LNG).
Kenya’s bottom-up electrification: African Energy
Kenya is proving an excellent testing ground for initiatives that prove successful elsewhere in Sub-Saharan Africa. It is now seeking to do the same with electrification.
U.S. crude oil production increases following higher drilling activity
(Tue, 21 Feb 2017) U.S. crude oil production increased for the second consecutive month in November 2016, the first time this has occurred since early 2015.
Mexico turns to the Jurassic era for shale oil: Fuel for Thought
Mexico’s plans to develop its shale oil resources have finally taken a step forward following years of largely fruitless efforts by the state owned company Pemex.
Lower airline fuel costs reduce U.S. airlinesâ operating expenses, increase net profits
(Fri, 17 Feb 2017) Lower crude oil prices in recent years have translated to lower fuel costs and overall lower operating expenses for U.S. passenger airlines. According to the U.S. Department of Transportationâs Bureau of Transportation Statistics (BTS), U.S. passenger airlinesâ collective net profit increased to $25.6 billion in 2015, up from $7.5 billion in 2014.
U.S. uranium production lowest since 2005
(Thu, 16 Feb 2017) U.S. production of uranium concentrate (U3O8) totaled 2.9 million pounds in 2016, 13% lower than the uranium produced in 2015 and the lowest annual U.S. production since 2005. U.S. uranium concentrate production in 2016 was less than 7% of the historical peak production level of 43.7 million pounds in 1980.
EIAâs short-term global oil demand outlook considers the role of economic activity
(Wed, 15 Feb 2017) Oil plays a crucial role in the global economyâfrom the production of goods to the transportation of people and freight. For this reason, economic activity and oil consumption tend to move together, particularly in developing economies. This relationship makes gross domestic product (GDP) an important driver of oil consumption.
Projected electricity generation mix is sensitive to policies, natural gas prices
(Tue, 14 Feb 2017) The mix of fuels used to generate electricity in the United States has changed in response to differences in the expected cost of fuels and electricity-generating technology costs and their deployment. These factors, together with policies affecting emissions from power generation, will determine the generation fuel mix of the future.