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Wind has surpassed hydro as most-used renewable electricity generation source in U.S

In 2019, U.S. annual wind generation exceeded hydroelectric generation for the first time, according to the U.S. Energy Information Administration’s Electric Power Monthly. Wind is now the top renewable source of electricity generation in the country, a position previously held by ...

U.S. crude oil production increases; imports remain strong to support refinery operations

United States refineries are some of the most complex in the world and can process a wide range of crude oil qualities. Although U.S crude oil production has grown significantly since 2009, having access to imports from oil producers around the world provides refiners with the range of crude oil ...

EIA forecasts natural gas inventories will reach record levels later this year

In the U.S. Energy Information Administration’s (EIA) February Short-Term Energy Outlook (STEO), EIA forecasts that the Lower 48 states’ working natural gas in storage will end the 2019-20 winter heating season (November 1–March 31) at 1,935 billion cubic feet (Bcf), with 12% ...

Hourly electricity consumption varies throughout the day and across seasons

The electricity consumed in a given period (often referred to as electricity load) varies throughout the year in somewhat predictable patterns. Total U.S. hourly electricity load is generally highest in the summer months when demand peaks in the afternoon as households and businesses are using air ...

EIA projects U.S. energy intensity to continue declining, but at a slower rate

EIA’s recently released Annual Energy Outlook 2020 (AEO2020) projects that U.S. energy consumption will grow more slowly than gross domestic product (GDP) through 2050 as energy intensity continues its decades-long trend of decline through the AEO2020 forecast period. Energy intensity is a ...

EIA expects natural gas production and exports to continue increasing in most scenarios

According to projections published in the U.S. Energy Information Administration’s (EIA) Annual Energy Outlook 2020 (AEO2020), total dry natural gas production in the United States will continue to increase until 2050 in most of the AEO2020 cases, primarily to support growing U.S. exports of ...

EIA revises global liquid fuels demand growth down because of the coronavirus

In the February 2020 update of its Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts that global liquid fuels demand will average 101.7 million barrels per day (b/d) in 2020, 1.0 million b/d more than the 2019 average but 378,000 b/d less than was ...

Natural gas prices fall to lowest level since 2016, the lowest February prices in 20 years

This winter, natural gas prices have been at their lowest levels in decades. On Monday, February 10, the near-month natural gas futures price at the New York Mercantile Exchange (NYMEX) closed at $1.77 per million British thermal units (MMBtu). This price was the lowest February closing price for ...

U.S. natural gas consumption has both winter and summer peaks

Natural gas consumption in the United States has two seasonal peaks, largely reflecting weather-related fluctuations in energy demand. In the winter months, cold weather leads to more demand for heating in the residential and commercial sectors. In the summer months, warm weather leads to more ...

The United States is projected to be a net exporter of crude oil in two AEO2020 side cases

The U.S. Energy Information Administration (EIA) projects that the United States will export more crude oil and petroleum products combined than it imports (net exporter) until 2050, but under certain conditions, it could become a net exporter of crude oil on its own in the future as well. EIA ...

CountryMark

CountryMark CEO Retires After Lifetime Career in Oil Business

After 17 years as CountryMark’s chief executive officer and president, Charlie Smith will retire from the company this December. “Our employees are what makes this company great, and I have been honored to serve them since 2003,” said Smith. Read More... ...

Smorch will lead CountryMark as next CEO

The CountryMark Board of Directors recently named Matt Smorch as the new president and chief executive officer following the retirement of Charlie Smith effective January 1, 2020. Read More... ...

Small Refiner Exemption Protects Jobs without Destruction to Renewable Fuel Demand

As a farmer-owned cooperative, CountryMark serves as a strong advocate and state leader in the marketing of renewable fuels including ethanol and biodiesel blends. Due to disproportionate economic hardship, CountryMark applied for an exemption under the Environmental Protection Agency’s Renewable Fuels Standard (RFS) for 2018 and has notified the EPA of its intent to sue Read More... ...

CountryMark Fueling Freedom events raise more than $57,000 for local military families

CountryMark’s Fueling Freedom events on June 21 raised more than $57,000 to support local National Guard Family Readiness Groups. Across Indiana, Illinois and Ohio, 37 CountryMark-branded fueling stations participated in Fueling Freedom 2019. For every gallon of fuel pumped, CountryMark and local branded-dealers agreed to donate 50 cents to local National Guard Family Readiness Groups. Read More... ...

Fueling Freedom to raise money for local Military Families

When you fill up at a participating CountryMark fuel station on Friday, June 21 between noon and 5pm, CountryMark and member owners 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 to sponsor artificial turf for Mt. Vernon High School football field

Mt. Vernon – CountryMark is excited to announce a partnership with the Mt. Vernon School District as title sponsor for the installation of artificial field turf on the Mt. Vernon High School football field. Read More... ...

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