El Departamento de Energía de EE.UU. destinará $32.5 millones para avanzar en tecnologías de celdas de combustible de óxido sólido
El Departamento de Energía de los EE. UU. ha anunciado que destinará hasta $32.5 millones en fondos federales para la investigación y el desarrollo (I+D) de tecnologías de celdas de combustible de óxido sólido.
EIA’s weekly crude oil inventory data will soon be presented without lease stocks
Crude oil lease stocks, currently about 31 million barrels, refer to oil that is stored in tanks at sites across the United States where producers are drilling on leased land. Lease stocks have been relatively small and stable, ranging from just 30.6 million barrels (5.8%) to 33.1 million barrels...
EIA now using near-real-time export data to improve weekly petroleum consumption data
Source: U.S. Energy Information Administration, Petroleum Supply Monthly
Starting with today's release of the Weekly Petroleum Status Report (WPSR), EIA is now publishing weekly petroleum export and consumption estimates based on near-real-time export data provided by U.S. Customs and Border Protection (Customs). EIA previously relied on weekly export estimates based...
U.S. crude oil exports reach more destinations and continue to increase
Since the removal of restrictions on exporting U.S. crude oil in December 2015, the number of countries receiving exported U.S. crude has risen sharply. These exports have occurred despite a sustained narrow price premium of international crude oil prices over U.S. domestic crude oil prices, the many costs associated...
Recent U.S. imports of oil tend to be heavier than domestic production
In 2015, more than 70% of the crude oil produced in the Lower 48 states was light oil with an API gravity above 35 degrees. At the same time, 90% of imported crude oil was heavier, with a gravity below 35 degrees API. To accommodate increasing U.S. production of...
Panama Canal expansion unlikely to significantly change crude oil, petroleum product flows
Source: U.S. Energy Information Administration
On June 26, the Panama Canal Authority, the body that operates the Panama Canal, will inaugurate a third set of locks, which will allow for the transit of larger ships. This is the first such expansion since the canal was completed in 1914. With the...
Fires near Fort McMurray are reducing Canada’s oil sands production
While evacuees from the ongoing fires in Fort McMurray have begun to return to the city, a state of emergency remains in place throughout Alberta, Canada, and the temporary shutdown of the area's oil sands production sites continues. EIA estimates that disruptions to oil production averaged about 0.8 million...