Energy

California continues to regulate carbon intensity of motor fuels

The U.S. Supreme Court has declined to review the Ninth U.S. Circuit Court of Appeal’s September 2013 ruling that upheld the constitutionality of California’s Low Carbon Fuel Standard (LCFS). FULL STORY »

STEO: Iraqi unrest puts pressure on world oil

Unrest in Iraq put upward pressure on world oil prices last month, helping North Sea Brent crude oil spot prices reach their highest daily level of the year at just over $115/barrel (bbl) on June 19. North Sea Brent crude oil spot prices increased from a monthly average of $110/bbl in May to $112/bbl in June. FULL STORY »

Gas prices higher this holiday weekend

With the Fourth of July holiday weekend starting, the national average price for retail gasoline is $3.70 per gallon (gal). This is up about 4 cents/gal over the last six weeks and 21 cents/gal higher than last year at this time. FULL STORY »

Natural gas and ethane prices rise

Natural gas prices posted an overall decline during the report week (Wednesday, June 18— Wednesday, June 25). The Henry Hub spot price fell 13 cents per million British thermal units (MMBtu). FULL STORY »

2014 U.S. refinery update, gas and diesel prices increase

The U.S. Energy Information Administration (EIA) surveys U.S. refinery ownership and capacity annually at the start of each year. As of January 1, 2014, according to the EIA Refinery Capacity Report released today (June 25), there were 139 operating refineries and three idle refineries FULL STORY »

Henry Hub spot price hits highest level since May

The Henry Hub spot price rose from $4.50/MMBtu last Wednesday to $4.70/MMBtu yesterday, its highest level since early May. FULL STORY »

Crude oil inventories remain near historical highs

On May 9, Gulf Coast (PADD 3) crude oil inventories reached a record level of 215.7 million barrels (Figure 1), and since then have remained near historically high levels. These higher inventories have been attributed to logistical changes. FULL STORY »

Natural gas prices post slight decline

Natural gas prices posted slight overall declines during the report week (Wednesday, June 4 — Wednesday, June 11) at most market locations. The Henry Hub spot price fell from $4.57/MMBtulast Wednesday to $4.50/MMBtu yesterday. FULL STORY »

Retail gas prices forecast four cents higher than last year

During the April-through-September summer driving season this year, regular gasoline retail prices are forecast to average $3.62/gallon (gal), 4 cents higher than last year. FULL STORY »

Natural gas consumption continues to decrease

Total U.S. natural gas consumption declined for the fifth week in a row, by 0.4 Bcf/d, or 0.7%, to 56.7 Bcf/d, despite increasing power burn. FULL STORY »

Recent spikes in domestic crude oil spark discussion

The U.S. Energy Information Administration (EIA) recently released a paper providing a short-term forecast of domestic crude oil production by type, supplementing the overall production forecast provided in the Short-Term Energy Outlook (STEO). FULL STORY »

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7080 Series Self-propelled Forage Harvesters

ProDrive™ senses which axle has more traction and sends power to that axle. A new faster, more reliable spout turning ... Read More

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