Analysts Dispute Diesel Shortage
Analysts dispute diesel shortage. While stockpiles of distillate fuels (diesel and heating oil) are low, the country is not going to suddenly run out of diesel fuel, despite reports of a diesel shortage driven by…
Tagged: EIA
Cold Snap Roiled Gas Market
The February cold snap that pushed liquefied natural gas (LNG) prices to record highs is also roiling liquid petroleum gas (LPG), leading to shortages of the gas that’s used for heating and cooking as well…
Natural Gas Usage to Grow, EIA Report Says
U.S. natural gas market trends from 2018 are expected to continue this year into 2020, including relatively stable Henry Hub natural gas prices and increasing natural gas production and exports, according to the U.S. Energy…
EIA Seeks Input On Biofuel Reporting
The U.S. Energy Information Administration (EIA) is seeking public comments on several changes it intends to make within its Petroleum Supply Reporting System (PSRS), including those related to data collection on biofuels. In December, EIA…
Drillers Awash in Natural Gas
roducers in North Dakota flared 527 million cubic feet of gas per day in 2017, according to industry reports. During that time North and South Dakota consumed about 530 million cubic feet of gas...
Future bright for natural gas, EIA says
U.S. Energy Information Administration (EIA) just released its Annual Energy Outlook (AEO), and it contains more than a little good news for the natural gas industry. AEO is the federal government’s official energy forecast covering…
U.S. Gasoline Consumption Leveling Off
U.S. gasoline consumption has leveled off as the stimulus provided by low and falling oil prices between 2014 and 2016 has faded, so refiners are increasingly turning to diesel and customers in emerging…
EIA raises crude oil price outlook
The U.S. Energy Information Agency’s (EIA) May “Short-Term Energy Outlook’’ (STEO) predicted Brent crude oil prices would average $71 per barrel this year, $7 higher than what was forecast in April. Correspondingly, EIA’s forecast...
Diesel Prices to Rise, Agency Says
A federal outlook for national average on-highway diesel prices predicts they will be higher this year and in 2019 than they were last year and in 2016. However, they should at least be fairly...
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