MRCTI


Posted an entry on Today in Energy
EIA report highlights top 100 U.S. oil and natural gas fields
The top 100 oil fields in the United States accounted for 20.6 billion barrels of crude oil and lease condensate proved reserves, or 56% of the U.S. total in 2013. The top 100 natural gas fields accounted for 239.7 trillion cubic feet of natural gas...
2015-04-24 09:00:00

Posted an entry on Today in Energy
Oil trade off Yemen coast grew by 20% to 4.7 million barrels per day in 2014
While Yemen is not a major oil-producing country, its coast borders the Bab el-Mandeb Strait, a narrow chokepoint between the Horn of Africa and the Middle East. This strait is a strategic route for Persian Gulf oil, natural gas, and petroleum product...
2015-04-23 09:00:00

Posted an entry on Today in Energy
UK's renewable energy targets drive increases in U.S. wood pellet exports
In 2014, almost three-quarters of all U.S. wood pellet exports were delivered to the United Kingdom (UK), mainly for the purpose of generating electricity. Overall, U.S. wood pellet exports increased by nearly 40% between 2013 and 2014, from 3.2 million...
2015-04-22 09:10:00

Posted an entry on Today in Energy
Increasing domestic production of crude oil reduces net petroleum imports
In its recently released Annual Energy Outlook 2015 (AEO2015) Reference case, EIA expects U.S. crude oil production to rise through 2020 as oil prices recover from their steep decline, reducing net petroleum (crude oil and petroleum products) imports....
2015-04-21 09:00:00

Posted an entry on Today in Energy
U.S. energy-related carbon dioxide emissions increase in past two years
For the second year in a row, energy-related carbon dioxide (CO2) emissions in the United States have increased. However, unlike 2013, when emissions and gross domestic product (GDP) grew at similar rates (2.5% and 2.2%, respectively), 2014's CO2...
2015-04-20 09:00:00

Posted an entry on Today in Energy
New maps highlight geologic characteristics of U.S. tight oil, shale plays
EIA is currently in the process of updating maps of major tight oil and shale gas plays, including the Eagle Ford and Marcellus plays, which will help to better characterize the geology of key areas of production in the United States. These maps focus...
2015-04-17 09:00:00

Posted an entry on Today in Energy
Households with more vehicles travel more
Based on data from the National Household Travel Survey, households with more vehicles not only travel more, but often put more miles on their most-used vehicle compared to households with fewer vehicles. Households with just one vehicle drove an...
2015-04-16 09:00:00

Posted an entry on Today in Energy
U.S. energy imports and exports to come into balance for first time since 1950s
Projections in the Annual Energy Outlook 2015, released April 14, show the potential to eliminate net U.S. energy imports sometime between 2020 and 2030. This reflects changes in both supply and demand, as continued growth in oil and natural gas...
2015-04-15 09:00:00

Posted an entry on Today in Energy
EIA's Annual Energy Outlook will be released later today
At 1:00 p.m. Eastern Time, EIA will release the Annual Energy Outlook 2015 (AEO2015), which presents long-term projections of energy supply, demand, and prices through 2040. The analysis in AEO2015 focuses on six cases: Reference, Low and High Economic...
2015-04-14 09:00:00

Posted an entry on Today in Energy
Household spending on gasoline and public transit varies by region, income
Households in different regions of the United States have similar average combined spending on gasoline and public transit, but the composition of that spending varies significantly across regions. In 2013, the most recent year of data from the Labor...
2015-04-13 09:00:00

Posted an entry on Today in Energy
U.S. household gasoline expenditures expected to fall in 2015
The average U.S. household expenditure on motor gasoline in 2015 is expected to be about $1,817, the lowest level in more than a decade. This level is about $700 less than average household gasoline expenditures in 2014. Actual spending can vary based...
2015-04-10 09:00:00

Posted an entry on Today in Energy
California's continued drought, reduced snowpack mean lower hydropower output
Earlier this month, California Governor Jerry Brown enacted mandatory water restrictions for the first time in the state's history. While the executive order doesn't directly address hydropower generation and instead focuses on water use in cities and...
2015-04-09 09:00:00

Posted an entry on Today in Energy
Summer gasoline prices to be down more than $1 from last summer
U.S. drivers are projected to pay an average of $2.45/gallon (gal) for regular grade gasoline this summer (April through September), according to EIA's Short-Term Energy and Summer Fuels Outlook released yesterday. This year's projected average summer...
2015-04-08 09:00:00

Posted an entry on Today in Energy
U.S. remained world's largest producer of petroleum and natural gas hydrocarbons in 2014
The United States remained the world's top producer of petroleum and natural gas hydrocarbons in 2014, according to EIA estimates. U.S. hydrocarbon production continues to exceed that of both Russia and Saudi Arabia, the second- and third-largest...
2015-04-07 09:00:00

Posted an entry on Today in Energy
EIA assesses options for processing additional U.S. light tight oil production
With the growth in U.S. production of light tight oil (LTO) in recent years, petroleum refiners in the United States have been processing greater volumes of LTO. To date, increased volumes of domestic LTO have mainly been accommodated with no- and...
2015-04-06 09:00:00

Posted an entry on Today in Energy
Nonhydro electricity storage increasing as new policies are implemented
Although pumped hydroelectric storage makes up most of the total electricity storage capacity in the United States, nonhydro storage has doubled in electric power sector capacity from 160 megawatts (MW) to nearly 350 MW over the past five years.
2015-04-03 09:00:00

Posted an entry on Today in Energy
Financial hedging helps some producers mitigate effect of falling oil prices
The decline in crude oil prices since last summer has had a direct impact on oil producers' sales revenue, but hedging strategies have lessened the effects of lower prices on some producers' total revenue. Oil producers who adopt hedging strategies can...
2015-04-02 09:00:00

Posted an entry on Today in Energy
Updated geologic maps provide greater detail for Marcellus formation
Natural gas production from the Marcellus shale formation in the Appalachian basin increased to 14.4 Bcf/d in January 2015, accounting for more than 36% of shale gas production and more than 18% of total dry natural gas production in the United States....
2015-04-01 09:00:00

Posted an entry on Today in Energy
New EIA monthly data tracks crude oil movements by rail
For the first time, EIA is providing monthly data on rail movements of crude oil, which have significantly increased over the past five years. The new data on crude-by-rail movements are integrated with EIA's existing monthly petroleum supply...
2015-03-31 09:00:00

Posted an entry on Today in Energy
U.S. oil production growth in 2014 was largest in more than 100 years
U.S. crude oil production (including lease condensate) increased during 2014 by 1.2 million barrels per day (bbl/d) to 8.7 million bbl/d, the largest volume increase since recordkeeping began in 1900. On a percentage basis, output in 2014 increased by 16.
2015-03-30 09:00:00


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