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United Arab Emirates invests to meet 2027 crude oil production capacity goal

The United Arab Emirates (UAE) has invested heavily in increasing hydrocarbon production capacity and developing midstream and downstream infrastructure to accommodate future growth in hydrocarbon production. However, over the past 10 years, UAE actual production has averaged just less than 3...

Tracking electricity consumption from U.S. cryptocurrency mining operations

Electricity demand associated with U.S. cryptocurrency mining operations in the United States has grown very rapidly over the last several years. Our preliminary estimates suggest that annual electricity use from cryptocurrency mining probably represents from 0.6% to 2.3% of U.S. electricity...

Red Sea attacks increase shipping times and freight rates

After Yemen-based Houthi militia attacks on commercial ships transiting the Red Sea started in November 2023, some vessels began opting to avoid the Bab el-Mandeb chokepoint—a narrow strait that borders the Yemeni coast and is the southern entrance to the Red Sea. Instead, they’re choosing to...

Electric vehicles and hybrids surpass 16% of total 2023 U.S. light-duty vehicle sales

Combined sales of hybrid vehicles, plug-in hybrid electric vehicles, and battery electric vehicles (BEV) in the United States rose to 16.3% of total new light-duty vehicle (LDV) sales in 2023, according to data from Wards Intelligence. In 2022, hybrid, plug-in hybrid, and BEV sales were 12.9% of...

Electric vehicles and hybrids surpass 16% of total 2023 U.S. light-duty vehicle sales

Combined sales of hybrid vehicles, plug-in hybrid electric vehicles, and battery electric vehicles (BEV) in the United States rose to 16.3% of total new light-duty vehicle (LDV) sales in 2023, according to data from Wards Intelligence. In 2022, hybrid, plug-in hybrid, and BEV sales were 12.9% of...

The cost of transporting coal to the electric power sector increased in 2022

We released new data on the electric power sector’s coal transportation costs. The release incorporates final data for 2022 from Form EIA-923, which we collect from electric power plant owners and operators. The data release based on our Form EIA-923 includes tables with costs, in nominal and real...

Projected zero carbon electricity growth highly dependent on cost in parts of Asia

We project low zero-carbon technology costs will drive substantial growth in zero-carbon electricity capacity and generation and limit growth in fossil fuel-fired generation in parts of Asia between 2030 and 2050 in our International Energy Outlook 2023 (IEO2023). In the region we call Other...

U.S. coal exports account for larger share of a shrinking market

As domestic consumption of U.S. coal declines in the near term, we expect exports to account for a larger share of total U.S. coal consumption, according to our recently released Short-Term Energy Outlook (STEO). We expect U.S. coal consumption will total 482 million short tons (MMst) in 2024, 29%...

U.S. electricity customers averaged five and one-half hours of power interruptions in 2022

On average, U.S. electricity customers experienced approximately five and one-half hours of electricity interruptions in 2022, almost two hours less than in 2021, according to our recently released Annual Electric Power Industry Report. The annual decline was driven by fewer major events in 2022...

U.S. monthly dry natural gas production set a new record in December 2023

U.S. dry natural gas production in the Lower 48 states reached an all-time monthly high of 105.5 billion cubic feet per day (Bcf/d) in December 2023, according to data from S&P Global Commodity Insights. In 2023, Lower 48 dry natural gas production increased 3.7% (3.6 Bcf/d) from 2022. Dry...

CountryMark

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......

Unleaded 88 now available at CountryMark terminals

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......

SynEnergy Partners Propane Division is pleased to announce the New Referral Program

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......

COVID-19 Public Statement from CountryMark

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

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......

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