U.S. distillate inventories have fallen back within the five-year range

According to the U.S. Energy Information Administration’s Weekly Petroleum Status Report, for the week ending November 13, 2020, U.S. distillate inventories fell to 143 million barrels, back within its previous five-year (2015-19) range for the first time since May 8. U.S. distillate inventories reached 180 million barrels in late July, only 3% less than in […]

Read More…

The United States briefly returned to net importer status for petroleum earlier this year

The United States imported more crude oil and petroleum products than it exported in May and June of this year, briefly reversing the country’s 15-year-long trend toward becoming a net petroleum exporter. After being a net petroleum exporter for seven consecutive months from October 2019 through April 2020, the United States became a net importer, […]

Read More…

EIA updates geological maps of Midland Basin’s Wolfcamp formation

The U.S. Energy Information Administration (EIA) has released new structure and thickness maps for the Wolfcamp play in the Midland Basin, which is a part of the larger Permian Basin in western Texas and southeastern New Mexico. The Wolfcamp formation has attracted many oil companies because of its stacked potential (that is, multiple hydrocarbon-producing zones […]

Read More…

New York generated the fourth most electricity from renewable sources of any state in 2019

In 2019, more electricity was generated from renewable sources in New York than in all but three states, according to the U.S. Energy Information Administration’s (EIA) Electric Power Monthly. New York’s 39.4 million megawatthours (MWh) of renewable electricity generation was more than any other state east of the Mississippi River and accounted for 30% of […]

Read More…

Off-grid solar generation could affect how Africa uses coal, natural gas for electricity

In the International Energy Outlook 2020 (IEO2020), the U.S. Energy Information Administration (EIA) projects electricity generation in Africa using two cases with different assumptions about how future electricity needs are fulfilled. In the Maximum Grid Expansion case, in which a centralized grid is developed to meet electricity demand throughout the continent, EIA projects that solar […]

Read More…

EIA expects U.S. crude oil production to remain relatively flat through 2021

The amount of working natural gas in storage in the United States ended the natural gas injection, or refill, season (April 1–October 31) at 3,920 billion cubic feet (Bcf), according to interpolated data from the U.S. Energy Information Administration’s (EIA) Weekly Natural Gas Storage Report released on November 13. The amount of natural gas held […]

Read More…

Want to pay your bill quickly and securely online? Click now and pay...