Today in Energy
Increased U.S. renewable and natural gas generation likely to reduce summer coal demand
We forecast that the largest increases in U.S. electricity generation this summer (June, July, and August) will come from solar, wind, and natural gas-fired power plants because of new generating capacity coming online, according to our June Short-Term Energy Outlook. The rising generation from...
U.S. electricity generation from natural gas was highest on record this past winter
According to our Short-Term Energy Outlook (STEO), U.S. electricity generation from natural gas reached a record-high 619 billion kilowatthours (BkWh) during the most recent winter heating season (November 1–March 31), averaging more than 120 BkWh per month and accounting for 38% of the...
Monthly U.S. propane exports in March 2023 reach a record high
U.S. propane exports reached a record 1.7 million barrels per day (b/d) in March 2023, the highest level since we began collecting this data in 1973. Propane is consumed globally for space heating and is used as a petrochemical feedstock. Read More...
The largest coal-fired power plant in Pennsylvania will close by July 2023
After 54 years of providing power to Pennsylvania and New York, the Homer City Generating Station in Pennsylvania will close by July 2023, according to the plant’s owner. The 1,888 megawatt coal plant began generating electricity in 1969, when Units 1 and 2 entered service. Unit 3 was added in...
China’s natural gas consumption and LNG imports declined in 2022, amid zero-COVID policies
In 2022, annual natural gas consumption in China declined by 1%, or 0.4 billion cubic feet per day (Bcf/d), from 2021, according to data from S&P Global Commodity Insights—the first decline in annual consumption since 1990, according to our International Energy Statistics. Slower economic...
U.S. residential electricity bills increased 5% in 2022, after adjusting for inflation
In nominal terms, the average monthly electricity bill for residential customers in the United States increased 13% from 2021 to 2022, rising from $121 a month to $137 a month. After adjusting for inflation–which reached 8% in 2022, a 40-year high–electricity bills increased 5%. Last year had the...
U.S. energy insecure households were billed more for energy than other households
On average, households in the United States were billed $1.04 per square foot for energy usage across all energy sources in 2020. Those households identifying as energy insecure were billed $0.20 more per square foot than the national average and $0.26 more on average than households that did not...
U.S. gasoline prices are down from 2022 heading into Memorial Day weekend
The retail price for regular-grade gasoline in the United States on May 22, the Monday before Memorial Day weekend, averaged $3.53 per gallon (gal), 26% (or $1.24/gal) lower than the inflation-adjusted price a year ago. Memorial Day gasoline prices last year were the highest since 2012. The American...
EIA explores effects of liquefied natural gas exports on the U.S. natural gas market
In our Issues in Focus: Effects of Liquefied Natural Gas Exports on the U.S. Natural Gas Market supplement to our Annual Energy Outlook 2023 (AEO2023), we find that the volumes of liquefied natural gas exports (LNG) do affect average U.S. natural gas prices. However, the resulting range in natural...
In 2021, Algeria produced record amounts of natural gas
In 2021, more natural gas was produced in Algeria than in any year since record-keeping began in 1980, according to the data in our recently updated Country Analysis Brief: Algeria. Algeria produced 9.9 billion cubic feet per day (Bcf/d) of dry natural gas in 2021, a 23.4% increase from the 8.0...
CountryMark
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......
CountryMark’s Fueling Wishes Raises Over $13,000 to Fund Wish of Shelby County Child Battling Critical Illness
Proceeds from the fundraiser resulted from CountryMark donating 20 cents per gallon from fuel sales during the month of August, in-store donations from customers, and matching of those customer donations from QuickPix convenience store operator Herdrich Petroleum Corp. Read More......
Fueling Wishes Fundraiser Launched at the CountryMark Station in Shelbyville, Indiana
During the month of August, CountryMark is donating 20 cents for every gallon of fuel pumped at the CountryMark QuickPix station in Shelbyville, IN to fund the wish of a local child battling a critical illness. Read More......
CountryMark’s Fueling Freedom raises over $63,000 for local military families
CountryMark’s Fueling Freedom events on June 24 raised more than $63,000 to support local National Guard Family Readiness Groups and Unite Service Organizations. Across Indiana, Illinois and Ohio, 34 CountryMark-branded fueling stations participated in Fueling Freedom 2022. For every gallon of fuel pumped, CountryMark and local branded dealers agreed to donate 50 cents to organizations Read More......
CountryMark Names New Vice President of Corporate Services
CountryMark recently named Mike Leland as vice president of corporate services leading the corporate teams of human resources, information technology, division order and management systems. Read More......
CountryMark fuel stations to raise money for military families with Fueling Freedom
Fuel up at a participating CountryMark fuel station during Fueling Freedom and 50 cents from every gallon of fuel sold will be donated to local organizations that support our military families! Read More......
Indiana Agriculture Coalition for Renewable Energy hosts inaugural summer forum
US farm producers may soon be able to monetize newly implemented, carbon-reducing farm practices. To learn more about these environmental and economic opportunities, CountryMark encourages Midwestern farm owners and agribusiness leaders to register to attend an August 24, 2021 carbon capture summit that will cover what is driving these market changes and how Indiana agriculture Read More......
CountryMark Fueling Freedom events raise over $53,000 for local military families
CountryMark’s Fueling Freedom events on June 25 raised more than $53,000 to support local National Guard Family Readiness Groups. Read More......
CountryMark fuel stations to raise money for local military families through Fueling Freedom program
When you fill up at a participating CountryMark fuel station on Friday, June 25 between noon and 5pm, CountryMark and its branded dealers will donate 50 cents for every gallon of fuel pumped to local National Guard Family Readiness Groups. Customers are also invited to register to win a $150 gift card. Read More......
CountryMark Supports Indiana Ethanol Bill
An unknown Ohio group mailed postcards earlier this month to a number of Indiana households and businesses that claimed CountryMark “hates ethanol” because of CountryMark’s support for Indiana Senate Bill 303, also known as the ethanol or gasohol bill. SB 303 seeks to update Indiana’s definition of gasohol and would make selling gasoline with a Read More......
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