Sources & Uses Petroleum & Other LiquidsCrude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. Natural GasExploration and reserves, storage, imports and exports, production, prices, sales. ElectricitySales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. Consumption & EfficiencyEnergy use in homes, commercial buildings, manufacturing, and transportation. CoalReserves, production, prices, employ- ment and productivity, distribution, stocks, imports and exports. Renewable & Alternative FuelsIncludes hydropower, solar, wind, geothermal, biomass and ethanol. Nuclear & UraniumUranium fuel, nuclear reactors, generation, spent fuel.   Total EnergyComprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources. Highlights This Week in Petroleum › Weekly Petroleum Status Report › Weekly Natural Gas Storage Report › Natural Gas Weekly Update › Electric Power Monthly › Quarterly Coal Report › Monthly Energy Review › Residential...

August 11, 2014 Source: U.S. Energy Information Administration, with data from Bloomberg and SNL Energy Note: Lines represent best-fit fourth-order polynomial equations based on a scatter plot of temperatures observed at major airports in each city, and prices at nearby market hubs. Best-fit lines do not extend to cover the entire range of all temperature and price observations. Spot prices are by delivery date. Natural gas spot prices fluctuate throughout the year in response to several factors, including weather, production levels, supply interruptions, pipeline constraints, inventory levels, and the availability of other energy sources. Temperature changes, more than any other factor, most frequently correlate with natural gas spot price movements. Natural gas demand and, in turn, natural gas prices in the spot market, will generally rise as temperatures move further away from 60 degrees Fahrenheit, as more natural gas is needed for space heating as temperatures cool and for...

Last Updated: August 7, 2014 Greenhouse gases trap heat from the sun and warm the planet's surface. Of all U.S. greenhouse gas emissions the majority are related to energy production and consumption; specifically most of those are carbon dioxide (CO2) from the burning of fossil fuels. From 1990 to 2013, energy-related carbon dioxide emissions in the United States increased on average by about 0.3% per year. Because greenhouse gases trap radiation (heat) from the sun and warm the planet's surface, a certain amount of these gases are beneficial (see "Did you know?"). But as concentrations of these gases increase as a result of human activity, more warming occurs than would happen naturally. What specific kinds of greenhouse gases does the United States emit? The major greenhouse gases the United States emits as a result of human activity and that are included in U.S. and international emissions estimates are: Carbon dioxide (CO2)...

Market fundamentals influencing U.S. and global oil markets have diverged this summer. Record-high seasonal refinery runs and low inventories in the United States have put upward pressure on prices of U.S. domestic crudes West Texas Intermediate (WTI) and Light Louisiana Sweet (LLS), while low demand in Europe and Asia and unplaced West African crude oil cargoes have depressed North Sea Brent prices. As a result, the Brent-WTI spread has narrowed, with WTI prices briefly reaching a premium to Brent prices for the first time since August 2010. While WTI prices quickly returned to a discount to Brent, the Brent-WTI spread remains relatively narrow, with the July spread averaging $3.92/barrel, the lowest level this year and almost 50% below the 2014 average. ... Original link

This week the White House is hosting the first-ever U.S.-Africa Leaders’ Summit , a gathering that includes 51 African leaders.  The Summit offers the opportunity to strengthen U.S.-African ties, and is focusing on a number of important issues like trade, investment, African security and democratic development. Energy development is an area of importance to both the U.S. and African countries. And that’s especially true when it comes to helping Africa sustainably develop its energy potential. That’s why last year President Obama announced the Power Africa initiative – a $7 billion commitment to double access to power in sub-Saharan Africa. As part of this new engagement with Africa, the Department of Energy (DOE) has been working with African leaders to pursue ways to sustainably develop African energy resources.  In June, Secretary Ernest Moniz and the Office of Fossil Energy’s Principal Deputy Assistant Secretary (PDAS) Christopher Smith attended a U.S.-Africa energy ministerial meeting...

The National Sequestration Education Center (NSEC) kicked off a global workshop on carbon capture and storage (CCS) today in Decatur, Illinois. The two-day “International Workshop on Public Education, Training and Community Outreach for Carbon Capture, Utilization, and Storage,” which is sponsored in part by the Office of Fossil Energy’s National Energy Technology Laboratory (NETL), will feature cutting edge tools and techniques for public education, training and outreach on CCS.  CCS is the process of capturing and storing or re-using carbon dioxide (CO2) from coal-fired power plants and industrial sources.  It’s an important part of the president’s plan to address climate change and secure America’s energy future. Over the next two days, attendees will learn more about CCS through presentations by experts from NETL and other U.S. and international organizations; examine effective methods for public education and outreach; and get a first-hand look at a nearby CCS project.  By the end of...

Unlike in recent years, growth in global gasoline consumption is outpacing diesel growth in 2014. At the same time, new refining capacity engineered to produce more distillate than gasoline is coming online in 2014. The narrowing spread for December 2014 futures contracts demonstrates how these two factors may be temporarily leading to a tighter global gasoline market than was expected at the beginning of the year. ... Original link

The U.S. and Norway have a strong relationship that goes back nearly 100 years.  We’ve been partners in a number of critical areas – from defense to the development of safe and secure energy sources.  And our relationship is particularly strong when it comes to fossil energy. That close collaboration was recently on display during the 10th annual U.S.-Norway Bilateral Meeting on Fossil Energy, held in Bergen, Norway. Hosted by Norway’s Ministry of Petroleum and Energy, the meeting focused on carbon capture and storage (CCS) – the process of capturing and storing or re-using carbon dioxide (CO2) from coal-fired power plants and industrial sources.  CCS is an important part of the president’s plan to address climate change and secure America’s energy future. The Office of Fossil Energy’s (FE) Jarad Daniels, Richard Lynch, Mark Ackiewicz, Regis Conrad, John Litynski, and Eric Smistad represented the Department of Energy during the three days of...

Refinery inputs hit a record-high 16.8 million barrels per day (bbl/d) for the week ending July 11, eclipsing the previous record from summer 2005 and more than 280,000 bbl/d higher than a year ago. Inputs remained at 16.8 million bbl/d for the week ending July 18 as well (Figure 1). Inputs at refineries in Petroleum Administration for Defense Districts (PADDs) 2 and 3 (Midwest and Gulf Coast, respectively) were particularly strong, reflecting Midcontinent refiners' recent refinery capacity expansions, growing domestic demand, and increasing exports. ... Original link

The Department of Energy (DOE) is in the final months of activities related to selling resources, equipment and facilities at the government’s only operating oilfield, Naval Petroleum Reserve-3 (NPR-3), including the Rocky Mountain Oilfield Testing Center (RMOTC). The sale was initially set in motion by a November 2011 decision by the federal government that it was no longer in the national interest for DOE to continue to own NPR-3, located in the Eastern Rocky Mountains about 40 miles north of Casper, Wyoming.  RMOTC used resources and facilities at the 10,000-acre site to assist America’s oil and gas industry in developing and field testing new technologies. DOE conducted a thorough study delivered to Congress in June 2013, concluding that selling rather than transferring the NPR-3 property to the Department of the Interior for leasing would be the preferred option for DOE.  The report also included the planned sales process, which has been...