News

Exports of liquefied natural gas (LNG) will continue to drive growth in U.S. natural gas exports over the next two years, according to our recently released Short-Term Energy Outlook (STEO). Read More... ...

On June 3, 2022, the EU adopted a sixth package of sanctions that banned imports of seaborne crude oil from Russia into the EU (effective December 5, 2022) and banned seaborne imports of petroleum products from Russia, including diesel fuel (effective February 5, 2023). Read More... ...

Wind, solar, and battery storage are growing as a share of new electric-generating capacity each year. In 2023, these three technologies account for 82% of the new, utility-scale generating capacity that developers plan to bring online in the United States, according to our Preliminary Monthly ...

In 2022, 897 million cubic feet per day (MMcf/d) of interstate natural gas pipeline capacity was added collectively from five projects, according to our latest State-to-State Capacity Tracker, which contains information on the capacity of natural gas pipelines that cross state and international ...

The average monthly capacity factor for simple-cycle, natural gas turbine (SCGT) power plants in the United States has grown annually since 2020. Average capacity factors surpassed 20% for two consecutive summer months in 2022—the first time on record—to meet peak electricity demand, based on data ...

The only petroleum refinery in Colorado shut down in late December after sustaining damage from extremely cold weather, and it is expected to remain offline for months to repair, the refinery owner and operator, Calgary-based Suncor, stated. The refinery outage may tighten the supply of gasoline and ...

After adjusting for inflation, costs for major U.S. utilities to produce electricity rose 6% in 2021 as a result of rising fuel costs. For a number of years, electricity production costs had declined as natural gas prices fell and new low-cost renewable generators came online. The cost to deliver ...

In January 2023, state taxes and fees on gasoline and diesel fuel averaged $0.3163 per gallon (gal) of gasoline and $0.3388/gal of diesel fuel, according to our federal and state motor fuels taxes table. These taxes have increased in 13 states since July 2022. Read More... ...

After decreasing to a 20-year low for the 2020-21 water year, hydropower production in the western United States increased slightly during last year’s water year, rising 13% to reach 161 million megawatthours (MWh). Western hydro generation can vary significantly from year to year because it ...

In 2022, refiners in China processed less crude oil than they did in 2021, which was the first year-over-year decrease in processing according to data going back to 2000. Reduced refinery activity in China resulted from numerous factors, including mobility restrictions related to the COVID-19 ...

For over 10 years, CountryMark has hosted Fueling Freedom events at CountryMark branded fueling stations across Indiana, Illinois and Ohio. During these events, CountryMark and branded dealers have donated 50 cents for every gallon of fuel pumped to local National Guard Soldier & Family Readiness Groups Read More... ...

CountryMark, a farmer-owned cooperative, recently added Unleaded 88, a 15 percent ethanol blend to its PLUS gasoline product line-up. The new, higher octane gasoline fuel will be available for purchase at CountryMark fuel terminal locations in Jolietville, Mt. Vernon, Peru and Switz City, Indiana. Read More... ...

With this referral program both new and existing customers can receive a $50 credit on their account. There are no limits to how many referrals you can get so the savings can stack up quick! Here is how it works: 1. Current Customer will refer a new customer, giving them their Name and Account Number Read More... ...

A message from CountryMark President and CEO Matt Smorch regarding COVID-19 (coronavirus). Read More... ...

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... ...

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... ...

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 Read More... ...