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U.S. Biodiesel and Renewable Diesel Imports Decline 36% in 2014

Source: U.S. Energy Information Administration, Petroleum Supply MonthlyAfter reaching record levels in 2013, United States imports of biomass-based diesel fuel (both biodiesel and renewable diesel) fell 36%, to 333 million gallons in 2014....

Posted March 27, 2015    

U.S. Commercial Crude Oil Inventories Now Provide the Most Days of Supply Since 1985

Source: U.S. Energy Information Administration, Petroleum and Other Liquids and Short-Term Energy Outlook. Note: U.S. crude oil inventories exclude Strategic Petroleum Reserves. December 2014 to February 2015 are estimates.With lower U.S. refinery...

Posted March 25, 2015    

Growth in Residential Electricity Prices Highest in 6 Years, but Expected to Slow in 2015

Source: U.S. Energy Information Administration, Electric Power Monthly and Short-Term Energy OutlookResidential electricity customers in most areas of the country experienced large increases in retail electricity prices during 2014, with the...

Posted March 22, 2015    

Friday Energy Facts: Energy Subsidies Decline Since 2010, with Changes Across Fuel Types

Source: EIA, Direct Federal Financial Interventions and Subsidies in Energy in Fiscal Year 2013. Note: LIHEAP is the Low Income Home Energy Assistance Program.EIA has updated a report on federal subsidies to the energy industry, covering the 2013...

Posted March 20, 2015    

Oil Price Decline Leads to Lower Tax Revenues in Top Oil-Producing States

Source: U.S. Energy Information Administration, based on crude oil production data and preliminary information from state governors' offices and publicly available information for North Dakota and Texas.The decline in spot oil prices in the last...

Posted March 17, 2015    

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

Source: U.S. Energy Information AdministrationU.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...

Posted March 15, 2015    

Friday Energy Facts: Scheduled 2015 Capacity Additions Mostly Wind and Natural Gas; Retirements Mostly Coal

Source: U.S. Energy Information Administration, Electric Power Monthly. Note: Other renewables include hydroelectric, biomass/wood, and geothermal.In 2015, electric generating companies expect to add more than 20 gigawatts (GW) of utility-scale...

Posted March 13, 2015    

U.S. Crude Oil Storage Capacity Utilization Now up to 60%

Source: U.S. Energy Information Administration, Weekly Petroleum Status Report and Working and Net Available Crude Oil Storage Capacity. Note: Inventories shown in the graph do not include pipeline fill, lease stocks, or oil in transit from Alaska...

Posted March 10, 2015    

Voluntary Agreement Continues to Reduce Energy Consumption of Television Set-Top Boxes

Source: U.S. Energy Information Administration, based on Navigant Consulting, Inc. Analysis and Representation of Miscellaneous Electric Loads in NEMS. Note: Assumes set-top box has automatic power down enabled.About 85% of U.S. households have at...

Posted March 8, 2015    

Friday Energy Facts: Oil Production in Federal Gulf of Mexico Expected to Continue Increasing

Source: U.S. Energy Information Administration. Note: Production data have not yet been reported for four of the eight fields (Cardamom Deep, Jack, St. Malo, and Tubular Bells).Because of the long timelines associated with Gulf of Mexico (GOM)...

Posted March 6, 2015    

Petroleum Refinery Outage in California Highlights Markets' Quick Price Reaction

Source: U.S. Energy Information Administration, This Week in Petroleum. Note: Click to see the entirety of PADD 5.On February 18, an explosion and fire occurred at ExxonMobil's refinery in Torrance, California. The Torrance refinery, the third-...

Posted March 3, 2015    

Wind Generates More than 10% of Texas Electricity in 2014

Source: U.S. Energy Information Administration, based on the Electric Reliability Council of Texas (ERCOT)In 2014, more than 10% of the electricity used in the grid covering most of Texas came from wind generation, according to the grid's operator...

Posted March 1, 2015