Canada is the largest energy trading partner of the United States, based on the combined value of energy exports and imports. Although the value of bilateral energy trade with Canada has varied over the past decade, driven primarily by changes in the prices of oil and natural gas, the overall structure of bilateral energy trade flows has changed relatively little

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The United States remained the world's top producer of petroleum and natural gas hydrocarbons in 2017, reaching a record high. The United States has been the world's top producer of natural gas since 2009, when U.S. natural gas production surpassed that of Russia, and the world's top producer of petroleum hydrocarbons since 2013, when U.S. production exceeded Saudi Arabia’s. Since 2008, U.S. petroleum and natural gas production has increased by nearly 60%.

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WTI Crude prices have recently surged to their highest level in three and a half years—just above $70 a barrel. In theory, that’s higher than the average breakeven costs of all key U.S. shale plays. Even $60 WTI is higher than the average breakeven prices, as per the latest quarterly Dallas Fed Energy Survey from March.

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Legislation passed in the 1970s and 1980s and updated in subsequent decades established mandatory federal minimum energy efficiency standards for equipment and appliances in buildings and fuel economy standards for light-duty vehicles (LDVs). Three scenarios in EIA’s Annual Energy Outlook 2018 (AEO2018) examine the impacts of varying energy efficiency policies on end-use consumption, including what could happen under current laws and what might happen if energy efficiency policies were made more or less stringent.

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Consumers, who are already being squeezed by rising interest rates (even as the return on their cash deposits remains anchored near zero), are facing another potential constraint on their already limited purchasing power. And that constraint is rising gasoline prices could erode the stimulative impact of President Trump's tax plan as they sop up what little money the middle class has been saving.

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There are plenty of reasons why the oil market is suddenly on edge, and why oil prices are at their highest level since 2014. Venezuela’s oil production is falling off of a cliff, and could fall faster now that creditors are swarming over the county.

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The U.S. Department of Energy (DOE) wants to develop so called “Coal-Based Power Plants of the Future” according to a recent Request for Information. Well, not exactly. To be precise, the DOE is seeking information “that may culminate” in the operation of such a coal fired power generating plant. 

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Planned coal-fired capacity additions from a number of countries in and around the Middle East will add 41 gigawatts (GW) of new electric generating capacity over the next decade, based on announced projects and projects currently in the permitting process. Another 3 GW of coal-fired capacity is currently under construction in these countries. About 12 GW of coal-fired generating capacity—or about half of the region’s coal-fired generating fleet—has come online since 2006.

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Total renewable-related federal subsidies in the United States dropped to US$6.7 billion in financial year 2016 from US$15.5 billion in FY 2013, a new report by the U.S. Energy Information Administration (EIA) showed. Subsidies for renewable energy, including biofuels, accounted for between 42 percent and 52 percent of total federal energy subsidies in each of the years 2013 through 2016, the EIA said in its report.

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EIA forecasts that drivers in the United States will pay an average of $2.74 per gallon (gal) this summer for regular gasoline, the highest average summer gasoline price in four years, according to EIA’s Short-Term Energy and Summer Fuels Outlook. EIA’s forecast gasoline price for summer 2018 (April through September) is 26 cents/gal higher than the average price last summer, largely reflecting changes in crude oil prices. Overall gasoline expenditures in 2018 are expected to be about $2,300, or nearly $200 more per household than in 2017.

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Electricity generation from solar resources in the United States reached 77 million megawatt hours (MWh) in 2017, surpassing for the first time annual generation from biomass resources, which generated 64 million MWh in 2017. Among renewable sources, only hydro and wind generated more electricity in 2017, at 300 million MWh and 254 million MWh, respectively. Biomass generating capacity has remained relatively unchanged in recent years, while solar generating capacity has consistently grown.

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British Columbia’s environment ministry has launched legislation aiming to cut carbon emissions in the province by 40 percent from 2007 levels over the next 12 years and by 60 percent by 2040, Minister George Heyman told media. Now the government will devise a comprehensive climate strategy, to be released in the fall, which will include

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2018 has continued to go adversely for fossil fuel interests in the electricity generating sector, especially for coal with 90 percent of retirements for the year to date. Other fossil fuel interests have nothing to celebrate with only 1.3 percent of new capacity added year to date using fossil fuels.The EIA released the latest edition of their Electric Power Monthly on April 24th, with data for February 2018. The table above shows the percentage contribution of the main fuel sources to two decimal places for the last two months. 

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Truck fleet operators who not long ago rejected the idea of bringing in electrified commercial vehicles are starting to open up — but doubts still need to be resolved, according to a new study. There’s also the question over which alternative technology will take the lead in commercial trucks — battery powered or hydrogen fuel cell. That’s been playing out as a growing battle between Tesla and its Semi Truck and Nikola’s hydrogen fuel cell-powered Nikola One.

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