Members of the Organization of the Petroleum Exporting Countries (OPEC) received about $567 billion in net oil export revenues in 2017, up 29% from revenues in 2016. Increases in both crude oil prices and in net OPEC oil exports drove revenues higher in 2017, and EIA expects that revenues will continue to increase in 2018, based on EIA’s August Short-Term Energy Outlook.
The Weekly Natural Gas Storage Report includes the Lower 48 and regional natural gas storage inventories, net inventory changes, and utilization indicators.
Texas has considered the idea of erecting a coastal barrier to protect against the impacts of hurricanes. Texas A&M researchers concluded that a direct hit to Galveston from a massive hurricane could cause $31.8 billion worth of damage
Electricity sales in the U.S. have barely increased despite nine straight years of economic growth. It almost looks as if the conservation ethos for American consumers has finally taken hold.
Hurricane Florence is expected to make landfall near the area of Wilmington, North Carolina, and Myrtle Beach, South Carolina as a Category 2 storm on Friday. The storm’s high winds and heavy rainfall are likely to affect energy infrastructure throughout the region, particularly for electricity transmission and distribution, while widespread evacuations and disruptions to normal business operations could alter electricity demand and supply and demand patterns for transportation fuels.
Many environmentalists are staunchly against the idea that natural gas can act as a bridge fuel to a renewable future.
Wind was the most prevalent renewable electricity generation source in 16 states in 2017, and solar was the most prevalent renewable generation source in 7 states. Hydroelectricity represented the largest share of electricity generation among renewable sources in 28 states in 2007 but retained that status in only 19 states in 2017 as wind and solar became more common.
Electricity generators that use fossil fuels continue to be the most common sources of electricity generation in most states. In all but 15 states, coal, natural gas, or petroleum liquids were the most-used electricity generation fuel in 2017. Since 2007, the number of states where coal was the most prevalent electricity generation fuel has fallen as natural gas, nuclear, and hydroelectricity have gained market share.
Fred Rogers, who many know simply as Mister Rogers, was born in the Pittsburgh suburb of Latrobe and spent almost his entire career in southwestern Pennsylvania. Here are some facts and trivia about Rogers and his television career.
Natural Gas production in northeastern Texas increased dry natural gas production for the US. Monthly dry natural gas production in Texas was the third-largest producer of shale gas.
The proposed Texas LNG project is now closer to becoming a reality. Last week, the 4 million tonne per annum (mtpa) two train project slated to build at the port in Brownsville, Texas said it received from the Federal Energy Regulatory Commission (FERC) a timeline for Final Environmental Impact Statement (FEIA) and Federal Authorization Decision.
As the crude powerhouse that is Texas’ Permian Basin becomes old news, oil explorers are looking for the next big thing--and they have found it in the more-than 4000 feet of stacked pay in the Powder River Basin.
The country’s largest gas producer—is betting big on boosting natural gas production to industrial and residential gas use.
Oil production in Texas dropped in June 2018 compared to the same month last year, the first yearly drop since February 2017.
The U.S. will enter the winter heating season with natural gas inventories at their lowest level in years, setting the stage for pricing risks, particularly if there is a cold snap.
Gas delivery points and gas markets were highly segmented, natural gas competed with oil and oil-derived products for power generation, and most supplies of natural gas were indexed to oil prices.
Natural gas in the United States has generally been increasing for more than a decade and in recent months has been more than 10% higher compared with the same months in 2017