Why the crude rally has fizzled, concluded: Market analysis series
This final segment of a three-part series on why crude prices have failed to rally despite OPEC's best efforts at managing supply cuts narrows in on refined oil products.
Most U.S. nuclear power plants were built between 1970 and 1990
(Thu, 27 Apr 2017) As of 2016, the United States had 99 operating nuclear reactors at 61 plants across the country, with a capacity-weighted average age of 37 years. The oldest operating nuclear reactor in the United States was built in 1969. Watts Bar 2, which entered commercial service in 2016, was the first new reactor added since 1996. An additional four reactors are currently under construction.
US shale oil rebound shakes OPEC
In his latest blog post, Ross McCracken, managing editor, Energy Economist asks: How low can the costs of US shale oil production go?
Permian Basin oil production and resource assessments continue to increase
(Wed, 26 Apr 2017) Crude oil production in the Permian Basin is expected to increase to an estimated 2.4 million barrels per day (b/d) in May, based on estimates from EIAâs Drilling Productivity Report. Between January 2016 and March 2017, oil production in the Permian Basin increased in all but three months, even as domestic crude oil prices fell.
Malaysia Country Analysis Brief
(Wed, 26 Apr 2017) Malaysia is a significant oil and natural gas producer in Asia and is strategically located amid important routes for seaborne energy trade. Malaysia is the worldâs third-largest exporter of liquefied natural gas and the second-largest oil and natural gas producer in Southeast Asia. Rising domestic and regional energy demand is prompting Malaysia to invest in upstream oil and natural gas projects and in downstream infrastructure such as oil and gas import terminals, storage facilities, and refining capacity to ensure adequate energy supply.
Amtrak Said to Weigh Extended Track Closings for Penn Station Repairs
Officials say the move, which would cause huge disruptions for commuters, is needed because infrastructure at the terminal urgently needs an overhaul.
Ohio and Pennsylvania increased natural gas production more than other states in 2016
(Tue, 25 Apr 2017) After reaching a record high of 79 billion cubic feet per day (Bcf/d) in 2015, U.S. marketed natural gas production fell to 77 Bcf/d in 2016, the first annual decline since 2005. Texas, the state with the most natural gas production, fell by 2.5 Bcf/d, while Ohio and Pennsylvania each increased by about 1.2 Bcf/d.
A Reporter Whose Sources Are Strangers on the Train
Emma G. Fitzsimmons, who covers New York City transit for The Times, finds story ideas on buses and bridges, in bike lanes and subway cars.
Path to Jones Act change faces political balancing act: Fuel for Thought
On January 18, the US Customs and Border Protection released a 30-page general notice which could eliminate exemptions to the Jones Act. What chance the new administration will push forward a change opposed by API?
Amtrak at a Junction: Invest in Improvements, or Risk Worsening Problems
Accidents and congestion at Penn Station and maintenance issues plague Amtrak. It needs a new Hudson River tunnel. But it could face major funding cuts.