Let Trump Deliver on Mass Transit
Readers say this could be an important issue for President Trump to make good on.
Readers say this could be an important issue for President Trump to make good on.
You’ll have to forgive Argentinian biodiesel producers if they’re feeling a bit down.
(Mon, 17 Apr 2017) Coal-fired electricity generators accounted for 25% of operating electricity generating capacity in the United States and generated about 30% of U.S. electricity in 2016. Most coal-fired capacity (88%) was built between 1950 and 1990, and the capacity-weighted average age of operating coal facilities is 39 years.
As a part of The Barrel's 10th birthday celebrations, Joe Innace looks at two heavyweights of the commodities world — oil and steel benchmarks.
(Fri, 14 Apr 2017) China is the worldâs largest net importer of crude oil, and in recent years, Chinaâs crude oil imports have increasingly come from countries outside the Organization of the Petroleum Exporting Countries (OPEC).
(Thu, 13 Apr 2017) Drivers in the United States will pay an average of $2.46 per gallon (gal) this summer for regular gasoline, according to forecasts in EIA's <em>Short-Term Energy Outlook</em> (STEO). Gasoline prices from April through September are expected to be 23 cents/gal higher than the average price last summer, but this price is still nearly 70 cents/gal below the previous five-year average.
(Wed, 12 Apr 2017) U.S. crude oil production in the Federal Gulf of Mexico (GOM) set an annual high of 1.6 million barrels per day (b/d) in 2016, surpassing the previous high set in 2009 by 44,000 b/d. In January 2017, GOM crude oil production increased for the fourth consecutive month, reaching 1.7 million b/d.
If Trump cuts Amtrak and other funding, the region could be facing a transportation apocalypse.
Not only is there no trillion-dollar infrastructure plan. Mr. Trump is blocking projects already in the pipeline.
(Tue, 11 Apr 2017) Gross U.S. crude oil imports in 2016 rose to an average of 7.9 million barrels per day (b/d), 514,000 b/d more than the 2015 average. Net crude oil imports increased by a smaller amount (460,000 b/d), as U.S. crude oil exports rose despite a decline in U.S. crude oil production.