Today in Energy
Batteries are a fast-growing secondary electricity source for the grid
Utility-scale battery energy storage systems have been growing quickly as a source of electric power capacity in the United States in recent years. In the first seven months of 2024, operators added 5 gigawatts (GW) of capacity to the U.S. electric power grid, according to data in our July 2024...
U.S. thermal coal exports to Asia and Africa surge as shipments to Europe fall
U.S. exports of thermal coal to Asia and Africa surged in the first half of 2024, helping to drive overall U.S. coal exports (thermal and metallurgical) to 53 million short tons (MMst) from 49 MMst in the first half of 2023. Read More...
North America’s LNG export capacity is on track to more than double by 2028
North America’s liquefied natural gas (LNG) export capacity is on track to more than double between 2024 and 2028, from 11.4 billion cubic feet per day (Bcf/d) in 2023 to 24.4 Bcf/d in 2028, if projects currently under construction begin operations as planned. During this time, we expect...
CountryMark Fuel Stations Kick Off Fueling Wishes Fundraiser to Help Hoosier Children
CountryMark is partnering with Indiana Wish for the third consecutive year to fund the wishes of two Indiana children battling life-threatening illnesses. Through the Fueling Wishes fundraiser, CountryMark is donating 15 cents for every gallon of fuel sold at the CountryMark AgBest Express station...
U.S. gasoline prices heading into Labor Day weekend are lower than last year
Heading into the holiday weekend, the retail price for all formulations of regular gasoline in the United States averaged $3.31 per gallon (gal) on August 26, 2024, 13% lower than this time last year. The decrease in prices paid at the pump was driven by weak growth in global and U.S. petroleum...
U.S. energy spending increased by more than 20% in 2022
In 2022, energy expenditures—or the amount of money U.S. consumers spent on energy—increased 22% from 2021 to more than $1.7 trillion when adjusted for inflation, according to our State Energy Data System (SEDS). More money was spent on energy in the United States on an inflation-adjusted basis in...
Natural gas-fired electricity generation increased during heat waves in New England
Electricity generation using fossil fuels increased in New England to meet the additional air-conditioning demand during heat waves in June and July. Natural gas-fired electricity generation made up 56% of New England’s generation mix during the week of the June 16 heat wave, peaking at 61% on June...
U.S. share of electric and hybrid vehicle sales increased in the second quarter of 2024
The share of electric and hybrid vehicle sales in the United States increased in the second quarter of 2024 (2Q24) after a slight decline in 1Q24. Combined U.S. sales of hybrid vehicles, plug-in hybrid electric vehicles, and battery electric vehicles (BEVs) increased from 17.8% of total new...
Midwest refinery outages increase regional gasoline prices
A series of refinery outages in Chicago and Ohio have generally increased Midwest prices for petroleum products relative to the U.S. average, particularly gasoline. The outages reflect an unusual decline in refining activity near the end of the high-demand summer season and have drawn down regional...
Permian production forecast growth driven by well productivity, pipeline capacity
In our latest Short-Term Energy Outlook (STEO), we forecast that crude oil production in the United States will grow to an average of 13.7 million barrels per day (b/d) and marketed natural gas production will grow to an average of 114.3 billion cubic feet per day (Bcf/d) in 2025. Most of the...
CountryMark
CountryMark Fuel Stations Kick Off Fueling Wishes Fundraiser to Help Hoosier Children
CountryMark is partnering with Indiana Wish for the third consecutive year to fund the wishes of two Indiana children battling life-threatening illnesses. Through the Fueling Wishes fundraiser, CountryMark is donating 15 cents for every gallon of fuel sold at the CountryMark AgBest Express station in Eaton, IN and the CountryMark Speedy Pete’s station in Monroe Read More......
CountryMark Donates to the American Red Cross – Southwest Chapter to Assist with Disaster Relief
CountryMark has donated to the American Red Cross of Indiana – Southwest Chapter $10,000 for tornado relief in Indiana’s Posey and Gibson counties. Read More......
CountryMark’s Fueling Freedom raises more than $55,000 for local military families
CountryMark’s Fueling Freedom events on June 30 raised over $55,000 to support local National Guard Solider and Family Readiness Groups (SFRG) and United Service Organizations (USO). During Fueling Freedom, 35 CountryMark-branded fueling stations donated 50 cents to organizations with a mission of supporting local military families for every gallon of fuel sold. Read More......
CountryMark Sponsors New Expo Pavilion Coming to Posey County Fairgrounds
The Posey County Fair Association along with major sponsor CountryMark announced today plans to construct an expo pavilion that organizers believe will exceed community expectations. Read More......
CountryMark’s Mt. Vernon Refinery earns EPA’s ENERGY STAR® Certification
The U.S. Environmental Protection Agency (EPA) has recognized CountryMark’s Mt. Vernon, Indiana refinery as an ENERGY STAR® certified facility for 2023. Read More......
CountryMark Announces Ada Cuadrado as VP of Operations
INDIANAPOLIS, December 4, 2023 — CountryMark recently named Ada Cuadrado as vice president of operations leading the company’s refining, project management, regulatory and safety organizations. Read More......
Fueling Wishes Raises Over $28,000 to Fund Wishes of Two Hoosier Children in Need
CountryMark fuel stations in Greenfield, Indiana and Winslow, Indiana raised more than $28,000 during the month of September to fund the wishes of two local children battling life-threatening illness through CountryMark’s Fueling Wishes fundraiser. Read More......
Two CountryMark Fuel Stations will Host Fundraisers for Children in Need
CountryMark’s Fueling Wishes fundraiser is returning for the second year to fund the wishes of two Hoosier children battling critical illnesses. During the month of September, CountryMark is donating 20 cents for every gallon of fuel sold at the CountryMark station in Greenfield, IN and the CountryMark station in Winslow, IN to fund the wishes Read More......
CountryMark’s Fueling Freedom raises over $65,000 for local military families
CountryMark’s Fueling Freedom events on June 30 raised more than $65,000 to support local National Guard Solider and Family Readiness Groups (SFRG) and United Service Organizations. Across Indiana, Illinois, and Ohio, 34 CountryMark-branded fueling stations participated in Fueling Freedom 2023. For every gallon of fuel pumped, CountryMark and local branded dealers agreed to donate 50 Read More......
CountryMark Named One of Indiana’s Fastest Growing Companies
CountryMark was named this week by the Indianapolis Business Journal as one of the state’s fastest growing companies based on 2022 revenues. This was CountryMark’s first time to be included in the IBJ’s list of fast-growing companies. Read More......
