As winter sets in and temperatures start to drop, new government data show that natural gas heating will continue to be the most affordable option to keep families warm. The Energy Information Administration’s Winter Fuels report forecasts that most households in the United States will pay about the same amount on heating as they did
Read More...Last year, American companies flared and vented the lowest volume of natural gas in almost two decades. The U.S. Energy Information Administration preliminary estimate for 2023 reports volumes of vented or flared gas declined to .5 percent of gross withdrawals, demonstrating how industry best practices have worked to keep natural gas in the pipes and
Read More...U.S. natural gas production maintains a steady level of output of near highs for the year, despite lower prices as producers look at increasing international demand for American energy resources. Production is forecasted to average 100.9 billion cubic feet per day (bcf/d) – a 3 percent increase from 2022 – even as gas futures decreased
Read More...Biden Net Zero Goals Rely Mostly on Earlier Fuel Switching! … … Joe Biden, controlled and manipulated as he is by China and the corporatist world, is pursuing a net zero dream that is really a nightmare of impossibilities. Politicians who passed the Inflation Reduction Act touted that the bill would reduce carbon dioxide emissions
Read More...Nonfossil Jim Willis on NGL PipelinesEditor & Publisher, Marcellus Drilling News (MDN) [Editor’s Note: EIA data shows nonfossil fuels have not made a significant dent in the complete dominance of fossil fuels energy sources and wind and solar aren’t even close] Is our favorite government agency, the U.S. Energy Information Administration, being corrupted by the Biden White
Read More...A new report from the U.S. Energy Information Administration on venting and flaring in two of America’s top producing oil and natural gas basins demonstrates the clear need for new and improved energy infrastructure. The EIA report says that venting and flaring in the United States hit a record high average in 2019, primarily driven
Read More...Crude oil prices rose Thursday after the U.S. government reported a much smaller-than-anticipated rise in crude inventories, Kallanish Energy reports. Gains, however, were held down by continuing worries about the spread of the Coronavirus outside China. The Energy Information Administration reported yesterday crude inventories rose only 414,000 barrels for the week ended Feb. 14, compared
Read More...U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) for the week ended Feb. 7, increased by 7.46 million barrels (Mmbbl) from the previous week, the Energy Information Administration reported Wednesday. At 442.47 Mmbbl, U.S. crude oil inventories are roughly 2% below the five-year average for early February, Kallanish Energy reports. U.S.
Read More...For the first time in history, the U.S exported more petroleum products to overseas markets than it imported in October, according to the Energy Information Administration’s recently-released “Short-Term Energy Outlook” It represents an historic shift as the United States solidifies its role as an oil and natural gas powerhouse that’s able to provide for its
Read More...The amount of stored working natural gas at Oct. 31, was 37 billion cubic feet higher than the previous five-year end-of-October average, according to Energy Information Administration data. Natural gas in storage in 2019 went from a relatively low volume of 1.16 trillion cubic feet at April 1, to 3.72 Tcf at Oct. 31, due
Read More...The volume of working gas injected into underground storage slowed to the smallest amount in seven months in the latest weekly survey by the Energy Information Administration, Kallanish Energy calculates. For the week ended Nov. 1, just 34 billion cubic feet of working gas was placed into storage — the smallest amount since 25 Bcf
Read More...Brent crude oil spot prices will average $59 per barrel in the fourth quarter of 2019, then fall to $57/Bbl by the second quarter of 2020, $5/Bbl lower than forecast one month ago, the Energy Information Administration reported Tuesday in its October Short-Term Energy Outlook (STEO). Despite the recent increase in supply disruptions, EIA expects
Read More...U.S. exports of crude oil rose to average 2.9 million barrels per day (Mmbpd) in the first half of 2019, an increase of 966,000 b/d from the first half of 2018, the Energy Information Administration reports. U.S. crude oil exports also set a record-high monthly average in June, at 3.2 Mmbpd, Kallanish Energy learns. Despite
Read More...... … … The U.S. natural gas supply has grown by about 20% in just two years, according to the latest analysis of reserves, enough to supply us for 100+ years. The Potential Gas Committee has announced the amount of producible natural gas in the United States, our natural gas supply, has increased by about
Read More...Robert P. MurphySenior Economist, Institute for Energy ResearchPrincipal, Consulting by RPM … … Capitalism, and revulsion to it, is at the heart of the opposition to oil and gas development by today’s global warmists and fractivists. They’re wrong. Presumably bolstered by the fiery claims of Greta Thunberg and the general theme of Climate Week, people
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