Ample oil supply in a demand-constrained world: Fuel for Thought
Anyone looking for clues as to the direction of global oil demand would be well advised to count the number of electric bicycles dodging traffic in China’s streets.
Anyone looking for clues as to the direction of global oil demand would be well advised to count the number of electric bicycles dodging traffic in China’s streets.
(Mon, 15 May 2017) Exports of finished petroleum products from the Central Atlantic region of the United States (Petroleum Administration of Defense District, or PADD 1B) reached a record high in February 2017. Increased exports were driven by lower prices for several petroleum products in the Central Atlantic region compared with prices in other regions in the Atlantic Basin.
General Electric, Citibank and Honeywell are among companies angling for potentially big business, but foreign firms must contend with Chinese rivals.
In stark contrast to President Trump’s “America First” mantra, the “One Belt, One Road” plan aims to remake global commerce in China’s image.
During the morning rush there were signal problems in Queens, reports of a sick passenger in the Bronx and a train breakdown in Manhattan.
(Fri, 12 May 2017) Nuclear power currently accounts for about 20% of electricity generation in the United States, playing an important role in electricity markets. EIAâs 2017 <em>Annual Energy Outlook</em> (AEO2017) Reference case assumes that about 25% of the nuclear capacity now operating that does not have announced retirement plans will be removed from service by 2050.
Its businesses and consumers burdened with some of the developed world’s slowest speeds, the country is a cautionary tale about big-money ambitions.
Stocks are up, and employees at a South Carolina plant are confident in the prospect of infrastructure spending and a tough stand on trade.
(Thu, 11 May 2017) The generation fuel mix of electricity in the Northeast Census division of the United States shifted dramatically over the past ten years. In the nine Northeast states, natural gas nearly doubled its share of the region's total generation to 41% in 2016, up from 23% in 2006.
(Wed, 10 May 2017) Miscellaneous Electric Loads (MELs) comprise a growing portion of delivered energy consumption in residential and commercial buildings. Miscellaneous end usesâincluding televisions, personal computers, security systems, data center servers, and many other devicesâhave continued to penetrate into building-related market segments. Part of this proliferation of devices and equipment can be attributed to increased service demand for entertainment, computing, and convenience appliances.