(Thu, 28 Feb 2019) Despite relatively lower supply from a number of major crude oil-producing countries, including Saudi Arabia, Libya, Venezuela, and Canada, global liquid fuels production was forecast to exceed global consumption through 2020 in EIAâs February Short-Term Energy Outlook (STEO).
(Wed, 27 Feb 2019) Data in the February 2019 <em>Electric Power Monthly</em> (EPM) are for December 2018, during which net generation in the United States fell 4.6% from the December 2017 level. Consumption of natural gas for power generation was down 5.2% compared to December 2017. The average residential retail price of electricity for December 2018 was up 0.2% from what it had been in December 2017.
(Tue, 26 Feb 2019) Extreme cold weather in the Midwest at the end of January led to highâbut not record-settingâelectricity load on Wednesday, January 30, 2019, the coldest day of the period, on the Midcontinent Independent System Operator (MISO) grid. However, consumption of natural gas, the main fuel used for heating in the region, reached estimated record levels on the same day. Natural gas and electricity prices were elevated but did not reach levels seen during previous cold weather events in recent years.
The state’s governor has sent an expensive high-speed rail project into disarray. If California can’t build it, who can?
New York’s aging, messy, below-street infrastructure is tough to maintain. Extreme weather conditions make the job even harder, city officials say.
(Thu, 21 Feb 2019) New methanol plants under development in the United States are increasing natural gas consumption in the industrial sector. Methanol plants are among the most natural gas-intensive industrial end users and require natural gas both as a feedstock and for process heat. Three new plants expected to come online in 2019 and 2020 have a combined nameplate capacity of about 3.3 million metric tons per year (MMmt/y) and would increase total U.S. methanol capacity to 9.4 MMmt/y, or 25,600 metric tons per day (mt/d)âa 45% increase from the current U.S. capacity.
(Tue, 19 Feb 2019) Reciprocating internal combustion engines, which are typically used for backup, standby, or emergency power, are now becoming increasingly popular for larger utility-scale power generation applications, especially in areas with high levels of electricity generation from intermittent sources such as wind and solar.
(Tue, 19 Feb 2019) A Federal Register Notice (FRN) was published on February 19, 2019 regarding proposed changes to the Petroleum Marketing Program. The ten surveys collect price and volume information to determine supply of and demand for crude oil and refined petroleum products.
Infrastructure won’t happen until the Democrats regain control.
(Fri, 15 Feb 2019) In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of natural gas (70% of total U.S. dry gas production) and about 7 million barrels per day (b/d) of crude oil (60% of total U.S. oil production). A decade ago, in December 2008, shale gas and tight oil made up 16% of total U.S. gas production and about 12% of U.S. total crude oil production.
