Friday Energy Facts: Net Petroleum Product Exports Continue to Increase

July 10, 2015 by U.S. EIA: Today in Energy

Petroleum Exports

Over the past decade, domestic refinery output of petroleum products has grown significantly while consumption has declined, resulting in a major increase in product exports. Petroleum product exports averaged 4.1 million barrels per day (b/d) in the first four months of the year.[read more]

U.S. Remained World's Largest Producer of Petroleum and Natural Gas Hydrocarbons in 2014

April 10, 2015 by U.S. EIA: Today in Energy

U.S. Fuel Production

The United States remained the world's top producer of petroleum and natural gas hydrocarbons in 2014, according to U.S. EIA estimates. U.S. hydrocarbon production continues to exceed that of both Russia and Saudi Arabia, the second- and third-largest producers, respectively.[read more]

U.S. Petroleum Product Exports Increase for 13th Consecutive Year, Setting Record

March 15, 2015 by U.S. EIA: Today in Energy

US Petroleum Exports

U.S. exports of noncrude petroleum products from the United States averaged a record 3.8 million barrels per day (bbl/d) in 2014, an increase of 347,000 bbl/d from 2013, based on data from EIA's Petroleum Supply Monthly. In particular, exports of motor gasoline, propane, and butane increased.[read more]

Rail Shipments of Oil and Petroleum Products through October up 13% Over Year-Ago Period

November 16, 2014 by U.S. EIA: Today in Energy

Rail Shipments Up

U.S. rail traffic, including carloadings of all commodity types, has increased 4.5% through October 2014 compared to the same period in 2013. Crude oil and petroleum products had the second-biggest increase in carloadings through the first 10 months of this year.[read more]

U.S. Petroleum Product Exports to Mexico Rise while Mexican Crude Exports to the U.S. Fall

June 1, 2014 by U.S. EIA: Today in Energy

U.S., Mexico, and Petroleum

The United States imported 850,000 barrels per day of crude oil from Mexico in 2013, which is the lowest volume since 1993. In the past decade, U.S. crude oil imports from Mexico fell 47%, primarily as a result of declining production of crude oil in Mexico.[read more]

Is Petroleum Sucking the Life out of the Planet?

December 26, 2013 by Jim Baird

Petroleum and the Planet

It had to be either a Freudian slip or a moment of rare political candour when Alberta’s Municipal Affairs Minister related to an audience on the other side of the country that oil and gas wealth is sucking the life out of everything else in Alberta.[read more]

Energy Risk: Leaking Pet Coke

October 16, 2013 by Maximilian Auffhammer

Pet Coke Leak?


Blogging is so much harder when all of the government websites I usually rely on for my morning entertainment are shut down. So this past week, mostly due to a few inquiries from reporters, I have been learning quite a lot about Petroleum Coke.[read more]

The Long-Term Tie Between Energy Supply, Population, and the Economy

August 30, 2012 by Gail Tverberg

The tie between energy supply, population, and the economy goes back to the hunter-gatherer period. Hunter-gatherers managed to multiply their population at least 4-fold, and perhaps by as much as 25-fold, by using energy techniques which allowed them to expand their territory from central Africa to virtually the whole world, including...[read more]

Petroleum Prices Set Records in 2011

January 11, 2012 by Geoffrey Styles

Without much fanfare, the Energy Information Agency of the US Department of Energy released a report on 2011 energy commodity prices yesterday. It confirmed that crude oil and key petroleum products set annually averaged price records last year. This largely snuck up on us, because it occurred without the kind of dramatic price spike we experienced in 2008 or in the oil crises of the 1970s. Prices rose early in the year, during the Libyan revolution, and they didn't fall much, subsequently.[read more]

The Case for Electric Vehicles

December 12, 2011 by James Greenberger

Increased fuel efficiency of light vehicles will not solve the problem that has bedeviled our nation for decades: the long-term hemorrhage of American jobs and capital to petroleum producers. If our light vehicle fleet is 100% dependent on petroleum-based fuels, reducing use of those fuels will neither save money nor reduce vulnerability to supply disruptions in the long run. As in any market controlled by a monopoly, the monopolist has the option to raise its prices as demand declines. The consumer cannot come out ahead by conservation alone.[read more]

Breaking Oil's Monopoly on Transportation

September 27, 2011 by Geoffrey Styles

I've been thinking about an op-ed in Tuesday's New York Times written by a former National Security Advisor and a former CIA chief. They propose breaking oil's monopoly on transportation fuels by introducing more fuel competition at the point of use. This isn't a new idea, nor is their preferred tactic of requiring all vehicles sold in...[read more]

The Future Of Oil In Mexico

April 29, 2011 by Amy Myers Jaffe

Mexico, one of the largest oil exporters to the United States, could become a net oil importer in the next decade if it fails to make sufficient upstream oil field investments utilizing new and advanced technologies, according to a new Baker Institute-Oxford University study being released today in Mexico City. The study event “The...[read more]