Demand-side management programs save energy and reduce peak demand

(Fri, 29 Mar 2019) Utilities implement demand-side management programs to help customers save energy. Energy efficiency programs, by far the largest demand-side management effort, offer customers incentives to increase efficiency and, therefore, decrease overall electricity demand. Demand response programs, another type of demand-side management, are implemented to decrease customer demand during times of very high system demand or emergencies.

Tight oil development will continue to drive future U.S. crude oil production

(Thu, 28 Mar 2019) EIA’s Annual Energy Outlook 2019 (AEO2019) Reference case projects that U.S. tight oil production, which became the more common form of oil production in 2015, will continue to increase through 2030, ultimately reaching more than 10 million barrels per day (b/d) in the early 2030s. Tight oil production reached 6.5 million b/d in the United States in 2018, accounting for 61% of total U.S. production. EIA projects further U.S.

The Effects of Changes to Marine Fuel Sulfur Limits in 2020 on Energy Markets

(Wed, 27 Mar 2019) A comprehensive report summarizing results from EIA’s <em>Short-Term Energy Outlook</em> and the <em>Annual Energy Outlook 2019</em> on the effects of changes to marine fuel sulfur limits on energy markets from 2020 onwards. The change in sulfur limits has wide-ranging repercussions for the global refining and shipping industries as well for petroleum supply, demand, trade flows, and prices.

Near-month natural gas futures prices remain less than $3/MMBtu

(Wed, 27 Mar 2019) Despite U.S. working natural gas stocks that in the past would have been low enough to cause market activity that resulted in very high prices, recent prices of natural gas in the United States remain relatively low. Increasing natural gas production in the United States is likely the key factor that has moderated natural gas price increases given the level of Lower 48 natural gas storage inventories.

Permian region crude oil prices have increased with additional pipeline takeaway capacity

(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.

Working natural gas stocks decrease to all-time low in the Pacific region

(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.

Algeria Country Analysis Brief

(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.

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