MRCTI


Posted an entry on Today in Energy
Without the Cochin pipeline, western Canadian propane seeks new outlets
In April 2014, after 35 years of shipping propane from western Canada to the upper Midwest, the Cochin pipeline was removed from propane service, and in July repurposed to ship light petroleum liquids north from Illinois to western Canada. Without this...
2015-03-27 09:00:00

Posted an entry on Today in Energy
U.S. ethanol exports in 2014 reach highest level since 2011
According to EIA monthly supply data through December 2014, which EIA released in late February, U.S. exports of fuel ethanol in 2014 reached their second-highest level at a total of 826 million gallons. This level was second only to the 1.2 billion...
2015-03-26 09:00:00

Posted an entry on Today in Energy
Upstream capital expenditure declined 12% year-over-year in fourth-quarter 2014
Based on financial statements from selected international oil and natural gas companies, spending on upstream investments was 12% lower in fourth-quarter 2014 compared to the same period in 2013. Upstream spending on exploration and development...
2015-03-25 09:00:00

Posted an entry on Today in Energy
California first state to generate more than 5% of electricity from utility-scale solar
California has become the first state with more than 5% of its annual utility-scale electricity generation from utility-scale solar power, according to EIA's Electric Power Monthly. California's utility-scale (1 MW or larger) solar plants generated a...
2015-03-24 09:00:00

Posted an entry on Today in Energy
Crude oil storage at Cushing, but not storage capacity utilization rate, at record level
After increasing for 15 consecutive weeks, crude oil storage at Cushing, Oklahoma, reached 54.4 million barrels on March 13, according to EIA's Weekly Petroleum Status Report. This volume is the highest on record, but not the highest percent of storage...
2015-03-23 09:00:00

Posted an entry on Today in Energy
U.S. biodiesel and renewable diesel imports decline 36% in 2014
After reaching record levels in 2013, United States imports of biomass-based diesel fuel (both biodiesel and renewable diesel) fell 36%, to 333 million gallons in 2014. Uncertainty surrounding future Renewable Fuel Standard (RFS) targets and the absence...
2015-03-20 09:00:00

Posted an entry on Today in Energy
U.S. commercial crude oil inventories now provide the most days of supply since 1985
With lower U.S. refinery runs and increases in domestic crude oil production, U.S. commercial crude oil inventories at the end of February provided the most days of supply since the mid-1980s. Commercial crude inventories were sufficient to supply 29...
2015-03-19 09:00:00

Posted an entry on Today in Energy
EIA launches new data add-in tool for Microsoft Excel for Windows
The U.S. Energy Information Administration (EIA) has released a free data add-in for Microsoft Excel for Windows that builds on the well-known Federal Reserve Economic Data (FRED) add-in and allows users to find, download, and update EIA's energy data...
2015-03-18 09:00:00

Posted an entry on Today in Energy
Falling rig counts drive projected near-term oil production decline in 3 key U.S. regions
EIA's most recent Drilling Productivity Report (DPR) indicates a change in the crude oil production growth patterns in three key oil producing regions: the Eagle Ford, Niobrara, and Bakken. After steady growth in these regions since 2009, the latest...
2015-03-17 09:00:00

Posted an entry on Today in Energy
Growth in residential electricity prices highest in 6 years, but expected to slow in 2015
Residential electricity customers in most areas of the country experienced large increases in retail electricity prices during 2014, with the average U.S. residential price increasing 3.1% over the previous year. The increase represents the highest...
2015-03-16 09:00:00

Posted an entry on Today in Energy
Total energy subsidies decline since 2010, with changes in support across fuel types
EIA has updated a report on federal subsidies to the energy industry, covering the 2013 fiscal year (FY). The most recent prior report reviewed subsidies in FY 2010, at or near the height of spending related to the American Recovery and Reinvestment...
2015-03-13 09:00:00

Posted an entry on Today in Energy
Oil price decline leads to lower tax revenues in top oil-producing states
The decline in spot oil prices in the last half of 2014 and first month of 2015 has reduced oil and natural gas production tax revenues in some of the largest oil- and natural gas-producing states.
2015-03-12 09:00:00

Posted an entry on Today in Energy
California and Quebec complete second joint carbon dioxide emissions allowance auction
California and Quebec have announced the completion of their second joint CO2 allowance auction through a cap-and-trade system. Previous auctions sold emissions allowances for electric generators and large industrial sources. The most recent auction,...
2015-03-11 09:10:00

Posted an entry on Today in Energy
Scheduled 2015 capacity additions mostly wind and natural gas; retirements mostly coal
In 2015, electric generating companies expect to add more than 20 gigawatts (GW) of utility-scale generating capacity to the power grid. The additions are dominated by wind (9.8 GW), natural gas (6.3 GW), and solar (2.2 GW), which combine to make up 91%...
2015-03-10 09:00:00

Posted an entry on Today in Energy
Changes in natural gas spot prices may not quickly translate to consumer prices
While natural gas wholesale spot prices have dropped to relatively low levels since the end of 2014, these low prices have not translated directly into lower retail prices for consumers who use natural gas to heat their homes and businesses. This...
2015-03-09 09:00:00

Posted an entry on Today in Energy
Supply shortages lead to rolling power outages in the Philippines
As the 12th-largest nation in the world, the Philippines has a population of more than 100 million people spread over 7,000 islands, presenting several electricity infrastructure challenges. Currently, the country is facing concerns over resource...
2015-03-06 08:00:00

Posted an entry on Today in Energy
U.S. petroleum product exports increase for 13th consecutive year, setting record
U.S. exports of noncrude petroleum products from the United States averaged a record 3.8 million barrels per day (bbl/d) in 2014, an increase of 347,000 bbl/d from 2013, based on data from EIA's Petroleum Supply Monthly. In particular, exports of motor...
2015-03-05 08:00:00

Posted an entry on Today in Energy
U.S. crude oil storage capacity utilization now up to 60%
Crude oil inventory data for the week ending February 20 show that total utilization of crude oil storage capacity in the United States stands at approximately 60%, compared with 48% at the same time last year. Most U.S. crude oil stocks are held in the...
2015-03-04 08:00:00

Posted an entry on Today in Energy
Oil production in federal Gulf of Mexico expected to continue increasing
Because of the long timelines associated with Gulf of Mexico (GOM) projects, the recent downturn in oil prices is expected to have minimal direct impact on GOM crude oil production through 2016. EIA projects GOM production to reach 1.52 million barrels...
2015-03-03 08:00:00

Posted an entry on Today in Energy
Voluntary agreement continues to reduce energy consumption of television set-top boxes
About 85% of U.S. households have at least one set-top box (STB) designed to deliver subscription-based television service by cable, satellite, or other telecommunication signals, according to 2013 data from the National Cable and Telecommunications...
2015-03-02 08:00:00


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