Time to Borrow
The overwhelming case for deficit spending.
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Notice: Undefined index: und in include() (line 207 of sites/all/themes/Porto_sub/node--feed-item.tpl.php).Back to basics: Adam Sieminski on global oil prices, fundamentals and more
In the 100th episode of Capitol Crude, Platts senior editor Brian Scheid talks with Adam Sieminski, administrator of the US Energy Information Administration, on the state of the global oil market.
High natural gas-fired generation leads to rare summer net national weekly storage draw
(Mon, 08 Aug 2016) Working natural gas storage inventories posted a rare summer net withdrawal of 6 billion cubic feet (Bcf) for the week ending July 29, 2016, according to EIA's Weekly Natural Gas Storage Report. Record-high consumption of natural gas for electric power generation drove this withdrawal. Although withdrawals in the summer are not unprecedented, and happen regularly in the South Central storage region, the last time a net withdrawal in July occurred on a national basis was in summer 2006.
We’re in a Low-Growth World. How Did We Get Here?
Economic growth in advanced nations has been weaker for longer than it has been in the lifetime of most people on earth.
Petchems a bright spot in an otherwise arduous earnings season
Petrochemicals are offering growth as energy companies struggle with lingering low crude prices, though there are some setbacks.
What is the human cost of restructuring China’s steel industry?
Little attention has been given to what the number of people expected to be laid off says about staffing levels in the China’s steel industry.
Oil and natural gas production jobs in May were 26% lower than in October 2014
(Fri, 05 Aug 2016) Despite increases in crude oil prices since the start of the year, employment in oil and natural gas extraction and support activities continued declining from levels reached in the fall of 2014, just before the onset of falling oil prices. The total rig count (including both oil-directed and natural gas-directed rigs) has declined even more sharply, from nearly 1,800 rigs in the fall of 2014 to a weekly low of 404 rigs in May 2016.
Levelized Cost and Levelized Avoided Cost of New Generation Resources in the Annual Energy Outlook 2016
(Fri, 05 Aug 2016) This paper presents average values of levelized costs for generating technologies entering service in 2018, 2022, and 2040 as represented in the National Energy Modeling System (NEMS) for the <em>Annual Energy Outlook 2016</em> (AEO2016) Reference case.
The futures, the physical, and the steel and iron ore prices
The winds of change are blowing in the global steel market, as heightened volatility and macroeconomic factors increasingly affect the supply chain.
Future natural gas plant liquids production depends on resources, market conditions
(Thu, 04 Aug 2016) Natural gas plant liquids (NGPL) accounted for 22% of total U.S. petroleum and other liquid fuels production in 2015. In EIA's Annual Energy Outlook 2016 (AEO2016) Reference case, increases in NGPL account for a significant share of total increases in petroleum and other liquid fuels production over 2015?40.