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West Coast gasoline prices have been volatile this year

Regular retail gasoline prices on the West Coast had substantial price swings this year, especially in the fall. According to our Gasoline and Diesel Fuel Update, retail gasoline prices on the West Coast averaged $5.82 per gallon (gal) in June, then decreased to average $4.94/gal in August, before...

More ethanol was blended into U.S. gasoline last summer than ever before

Last summer, when the price of fuel ethanol was lower than the petroleum component of gasoline, record amounts of ethanol were blended into the gasoline sold in the United States (blend rates). The summer 2022 fuel ethanol blend rate from June through August reached 10.5%, the highest blend rate...

U.S. wind generation falls into regional patterns by season

Wind plant performance–how much electricity a wind plant generates compared with its maximum possible generation–depends almost entirely on the availability of wind resources, which vary depending on both the time of year and the geographic region. Read More...

Natural gas production and consumption has increased in Egypt and Israel for 20 years

Natural gas has played an increasingly important role in both Egypt’s and Israel’s economies over the past 20 years, and both consumption and production have grown substantially in those countries. Egypt’s and Israel’s natural gas delivery systems have become increasingly...

Europe’s LNG import capacity set to expand by one-third by end of 2024

Liquefied natural gas (LNG) import capacity in the European Union (EU) and the United Kingdom (UK) will expand by 34%, or 6.8 billion cubic feet per day (Bcf/d), by 2024 compared with 2021, according to the International Group of Liquefied Natural Gas Importers (GIIGNL) and trade press data...

Real U.S. gasoline prices this Thanksgiving are mostly unchanged from last year

Consumers paid, on average, $3.65 per gallon (gal) at the pump for U.S. regular gasoline on November 21, the Monday before Thanksgiving. This year’s Monday-before-Thanksgiving price is 7.5%, or $0.25/gal, higher than last year, which is the same as the overall consumer goods price increase of...

Natural gas imports from Canada continue providing winter reliability to U.S. markets

Despite the downward trend in natural gas imports from Canada, trade between the United States and Canada remains important in balancing U.S. natural gas markets and helps ensure reliable supply to parts of the United States. Because of ample capacity on pipelines and in storage facilities in...

One of the largest wind farms in the United States was completed in Oklahoma last spring

In April 2022, the Traverse Wind Energy Center in Oklahoma was completed and came online. At 999 megawatts (MW) of capacity, the Traverse facility is one of the largest wind farms in the United States and is the largest wind farm built in one phase in North America. Project developers expect that it...

Working natural gas stocks end refill season near previous five-year average

Working natural gas stocks reached 3,644 billion cubic feet (Bcf) as of November 11, 2022, according to the Weekly Natural Gas Storage Report, nearly matching the five-year average, and exceeded the year-ago level for this time of year. The deficit to the five-year average totaled 7 Bcf (0.2%) as of...

Residential heating oil prices start winter heating season higher than last year

U.S. heating oil prices were 65% higher this October than they were in October of last year, according to our Heating Oil and Propane Update (HOPU). The winter heating season runs from October 1 through the end of March. Residential heating oil prices rose to an annual high of $5.90 per gallon (gal)...

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