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Thursday, April 25, 2024

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Refilling the SPR – A Matter of Numbers, and Decades

In March 2022, as fuel prices spiked, the Biden Administration announced their decision to sell off 180 million barrels of crude oil from the Strategic Petroleum Reserves (SPR).
In March 2022, as fuel prices spiked, the Biden Administration announced their decision to sell off 180 million barrels of crude oil from the Strategic Petroleum Reserves (SPR).… https://oilandenergyonline.com/articles/all/refilling-spr-matter-numbers-and-decades/

EIA: Oil Prices to Rise, RINS Drop

The latest forecasting from the U.S. Energy Information Administration (EIA) anticipates higher crude oil prices in late 2023 and into 2024.
The latest forecasting from the U.S. Energy Information Administration (EIA) anticipates higher crude oil prices in late 2023 and into 2024. This upward pressure will be caused by… https://oilandenergyonline.com/articles/all/eia-oil-prices-rise-rins-drop/

EIA Report: Biofuels are Displacing Petroleum-Based Distillate Fuel Oil Consumption

As reported by the U.S. Energy Information Administration (EIA), consumption of distillate fuel oil in the U.S. West Coast, as measured by product supplied, decreased to its lowest level since 2002 last year and continues its decline this year.
As reported by the U.S. Energy Information Administration (EIA), consumption of distillate fuel oil in the U.S. West Coast, as measured by product supplied, decreased to its… https://oilandenergyonline.com/articles/all/eia-report-biofuels-are-displacing-petroleum-based-distillate-fuel-oil-consumption/

Annual Energy Outlook Offers Silver Lining

Limited Heat Pump Adoption, Strong Oil Production Through 2050
Limited Heat Pump Adoption, Strong Oil Production Through 2050 The U.S. Energy Information Administration (EIA) released its “Annual Energy Outlook 2023” (AEO2023) on March 16,… https://oilandenergyonline.com/articles/all/annual-energy-outlook-offers-silver-lining/

The Only Certainty is Uncertainty

What we know, and what we know we don’t know
What we know, and what we know we don’t know 2022 began, as many years do, with optimism. The Dow Jones Industrial average, often positively correlated with crude oil futures… https://oilandenergyonline.com/articles/all/only-certainty-uncertainty/

2022 Winter Fuels Outlook

Increased Energy Expenditures and Volatility Ahead
Increased Energy Expenditures and Volatility Ahead The 2022 winter season may see homeowners poised with their checkbooks, according to the U.S. Energy Information… https://oilandenergyonline.com/articles/all/2022-winter-fuels-outlook/

Energy Outlook Points to Paradigm Shift

The U.S. Energy Information Administration (EIA) has released its Annual Energy Outlook 2019, with projections for the domestic energy market through 2050.
The U.S. Energy Information Administration (EIA) has released its Annual Energy Outlook 2019, with projections for the domestic energy market through 2050. As always, the… https://oilandenergyonline.com/articles/all/energy-outlook-points-paradigm-shift/

EIA Outlook Projects Sustained Growth

The U.S. continues to produce more and more diversified energy The U.S. Energy Information Administration (EIA) has released its Annual Energy Outlook 2018, with projections for the domestic energy market through 2050.
The U.S. continues to produce more and more diversified energy The U.S. Energy Information Administration (EIA) has released its Annual Energy Outlook 2018, with projections for… https://oilandenergyonline.com/articles/all/eia-outlook-projects-sustained-growth/

EIA Projects Flat Energy Consumption With Changing Mix

The U.S. Energy Information Administration (EIA) recently offered its views of the energy marketplace between now and 2040 in its 2017 Annual Energy Outlook. The outlook offers multiple scenarios based on different variables. The central set of project…
The U.S. Energy Information Administration (EIA) recently offered its views of the energy marketplace between now and 2040 in its 2017 Annual Energy Outlook. The outlook offers… https://oilandenergyonline.com/articles/all/eia-projects-flat-energy-consumption-changing-mix/

Mild Start Pumps Up Inventories

Residential heating oil prices on the East Coast averaged 78.5 cents weaker than the same time last year, at $2.187 per gallon on January 4, according to survey data from the Energy Information Administration’s (EIA) State Heating Oil and Propane Program …
Residential heating oil prices on the East Coast averaged 78.5 cents weaker than the same time last year, at $2.187 per gallon on January 4, according to survey data from the… https://oilandenergyonline.com/articles/all/mild-start-pumps-inventories/

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