Today in Energy
West Coast summer refinery margins decline despite reduced capacity
This spring, California refinery crack spreads for gasoline and diesel dipped below average despite shrinking refinery capacity on the West Coast (PADD 5). Crack spreads are the difference between refined product prices and an equivalent volume of crude oil. We use them as a measure to estimate...
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...
Cancellations reduce expected U.S. capacity of offshore wind facilities
The amount of offshore wind generating capacity that is under construction or planned in the United States is in flux after two projects in New Jersey were canceled last year. Of the 7,200 megawatts (MW) of capacity reported in May in EIA’s latest Preliminary Monthly Electric Generator Inventory...
U.S. jet fuel consumption in 2023 remained below the pre-pandemic high
Annual jet fuel consumption in the United States grew in 2023 for the third year in a row but remained below the pre-pandemic peak in 2019, suggesting U.S. aviation had not fully returned to normal operations in the third year after the onset of the COVID-19 pandemic. U.S. jet fuel consumption...
How has energy use changed throughout U.S. history?
In 2023, 94 quadrillion British thermal units (quads) was consumed in the United States, a 1% decrease from 2022, according to our Monthly Energy Review. Fossil fuels—petroleum, natural gas, and coal—accounted for nearly 83% of total U.S. energy consumption in 2023. Nonfossil fuel energy—from...
Increasing U.S. gasoline inventories are reducing gasoline prices
Weekly U.S. average gasoline prices have declined 19 cents per gallon (gal) since the 2024 high on April 22, falling to $3.48/gal on July 1, five cents/gal less than the price a year ago. Increasing gasoline inventories, relatively weak demand, and oil prices below recent peaks are all contributing...
June heat wave increased electricity demand in the eastern and midwestern United States
Electricity demand in the eastern and midwestern United States increased in June as a heatwave settled across the Midwest, mid-Atlantic, and Northeast regions of the United States. Demand across the Eastern Interconnection—which covers much of the mainland United States east of the Rocky Mountains...
Commercial electricity demand grew fastest in states with rapid computing facility growth
Consumption of electricity in the U.S. commercial sector has recovered from pandemic levels, with annual U.S. sales of electricity to commercial customers in 2023 totaling 14 billion kilowatthours (BkWh), or 1%, more than in 2019. However, the growth in commercial demand for electricity is...
Panama Canal traffic to increase as drought conditions ease
The Panama Canal Authority (APC) announced this month that it will increase the number of daily booking slots for vessels transiting the Panama Canal to 35 in August, easing rules that restricted shipping traffic through the narrow waterway since last year. The APC increased booking slots following...
Why are Midwest grid operators turning away wind power?
As wind generation capacity has grown in the Midwest of the United States, grid operators have increasingly restricted wind generation because of both oversupply and congestion on the grid. Read More...
CountryMark
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......
CountryMark helps cover mask costs for local students in Posey County
CountryMark is helping to cover the costs of face masks for students attending school in the Metropolitan School District of North Posey County and the Metropolitan School District of Mount Vernon Indiana. Read More......
CountryMark and branded dealers give back through adjusted Fueling Freedom program
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......
