Today in Energy
Natural gas electricity generation in the United States spiked with July heatwave
U.S. power plant operators generated 6.9 million megawatthours (MWh) of electricity from natural gas on a daily basis in the Lower 48 states on July 9, 2024, probably the most in history and certainly since at least January 1, 2019, when we began to collect hourly data about natural gas generation...
Natural gas storage injections remain below five-year average so far this summer
Injections into natural gas storage in the Lower 48 states since April 1 have totaled 950 billion cubic feet (Bcf), according to our July 18 Weekly Natural Gas Storage Report. So far this injection season (April 1–October 31), the amount of natural gas injected into storage (less withdrawals) is 15%...
Less natural gas consumption in Europe is keeping storage full
Consumption of natural gas in Europe consistently decreased since mid-2022, driven by a combination of mild winter weather and government policies aimed at reducing natural gas consumption. In 2023, natural gas consumption in the European Union’s 27 member countries (EU-27) declined 18% from...
U.S. wholesale natural gas spot prices fell to record lows in first half 2024
The average monthly wholesale spot natural gas price at the U.S. benchmark Henry Hub fell by 20% to $2.56 per million British thermal units (MMBtu) between January and June of this year, according to data from Refinitiv Eikon. In January, the Henry Hub price averaged $3.18/MMBtu, then dropped to...
California residents are increasingly pairing battery storage with solar installations
California residents are increasingly pairing battery storage with solar installations, according to the latest preliminary data in our Monthly Electric Power Industry Report. 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...
U.S. production capacity for sustainable aviation fuel to grow
Production capacity of sustainable aviation fuel (SAF) in the United States could increase from around 2,000 barrels per day (b/d) to nearly 30,000 b/d in 2024 if all announced capacity additions come on line. Developers expect Phillips 66’s Rodeo Renewed project to produce up to about 10,000...
U.S. coal shipments declined 8% in 2023 as coal consumption fell sharply
The amount of coal transported in the United States decreased 8% in 2023, continuing a trend in which coal shipments have generally decreased over the past two decades as coal’s share of power generation has declined in the United States. The amount of coal transported to power plants, which are...
Energy trade value between Mexico and the United States fell in 2023 on lower fuel prices
The value of all energy trade between the United States and Mexico decreased almost 15% from $77.8 billion in 2022 to $66.5 billion in 2023, adjusted for inflation. Lower fuel prices more than offset the increase in the volume of energy trade between the two countries. Energy trade value represents...
Global trade in liquefied natural gas continued to grow in 2023
Liquefied natural gas (LNG) trade increased 3.1% globally in 2023 to average 52.9 billion cubic feet per day (Bcf/d), an increase of 1.6 Bcf/d from 2022, according to a recently released report from the International Group of Liquefied Natural Gas Importers (GIIGNL). Expanded export and import...
CountryMark
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......
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......
