Penn Station Reborn
Decades ago, New York lost one of its grand entryways. What if a new one were hiding in plain sight?
Pipeline disruption leads to record gasoline stock changes in Southeast, Gulf Coast
(Fri, 30 Sep 2016) The outage of Colonial Pipeline Line 1 between September 9 and September 21 resulted in record changes in motor gasoline stocks in both the Lower Atlantic and Gulf Coast states during the week ending September 16. Colonial's Line 1 is the largest gasoline supply pipeline linking the Gulf Coast?home to roughly half of the nation's refining capacity?to the Lower Atlantic, a major demand region that has no petroleum refineries.
Natural Gas Annual
(Fri, 30 Sep 2016) ⢠The 2015 Natural Gas Annual shows record U.S. natural gas production levels for the fifth consecutive year and record consumption levels for the sixth consecutive year.
Finally, smiles at a steel and iron ore conference in 2016
It has come as no surprise that Chinese steel market sources feel a bit more cheerful this year.
United States exports distillate from the Gulf Coast while importing it on the East Coast
(Thu, 29 Sep 2016) U.S. distillate exports increased 85,000 barrels per day (b/d) in 2015, reaching nearly 1.2 million b/d. Distillate exports in the first six months of 2016 have averaged 50,000 b/d more than in the first half of 2015. U.S. distillate imports, which are relatively fewer, averaged 200,000 b/d in 2015 and 157,000 b/d in the first half of 2016. Patterns of U.S. distillate trade can be explained by regional supply and demand imbalances within the East Coast and Gulf Coast regions.
Bullish tops, bearish bottoms: How long can the sugar rush last?
You do not have to go too far to find a sugar analyst or physical trader who will tell you the price rally is overdone, explains David Elward.
China expected to account for more than half of world growth in nuclear power through 2040
(Wed, 28 Sep 2016) EIA's <em>International Energy Outlook 2016</em> (IEO2016) projects that total global nuclear generation will increase by 73% through 2040, from 2.6 trillion kilowatthours in 2015 to 4.5 trillion kilowatthours in 2040. Countries that are not a part of the Organization for Economic Cooperation and Development (non-OECD countries) account for 86% of this increase, with China alone making up more than 54% of total growth. China's growing nuclear fleet is expected to produce more than 1.2 trillion kilowatthours of electricity annually by 2040.
OPEC racked with division, but too soon to write it off?
Investors have been burnt before, and are now skeptical that OPEC will overcome its internal divisions and agree to do something about chronically low oil prices.
Record low solar power prices point to new future for the Middle East
Ross McCracken blogs on the Abu Dhabi Water and Electricity Authority, which confirmed in September that it had received the lowest bids ever for solar power.
Recent increases in global nuclear capacity led by Asia
(Tue, 27 Sep 2016) Global nuclear capacity reached 383 gigawatts (GW) in 2015, driven primarily by nuclear additions in Asia. Currently, 31 countries have nuclear power programs, totaling 441 operating reactors. An additional 60 reactors are under construction in 15 countries, adding 59 GW of electricity generating capacity over the next decade. Plans to add another 90 reactors (76 GW) have been formally transmitted to the International Atomic Energy Agency (IAEA) by 8 countries.