November 8, 2023 Source: U.S. Energy Information Administration, Status of Nuclear Outages Every morning, each nuclear electricity generator in the United States reports its operating status to the Nuclear Regulatory Commission (NRC). The NRC compiles […]
November 7, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) We forecast that the United States will generate 14% more electricity from solar energy than from hydroelectric facilities in 2024, according to […]
Oil Price Despite the falling and flatlining rig count, U.S. crude oil production managed to hit a monthly record-high in August 2023, boosted by productivity gains and more efficient operations. U.S. exploration and production companies are […]
World Oil (Bloomberg) –Wages for U.S. oil workers climbed for a third straight month, setting a fresh record as paychecks prove resilient amid slowing shale activity. Average hourly earnings for front-line oil-and-gas workers rose 0.9% in […]
November 2, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook U.S. coal exports increased by 5.7 million short tons (MMst) in the 12 months after EU sanctions on coal from Russia went into […]
Weekly Crude Oil Storage as of October 27, 2023 Click for EnerCom Analytics Dashboard. U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 0.8 million barrels from the previous week. […]
October 23, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) effectively lifted most U.S. sanctions on Venezuela’s energy sector on […]
World Oil (Bloomberg) – Devon Energy Corp., an Oklahoma City-based oil and gas company, is studying major acquisition targets as it seeks to gain scale in U.S. shale, according to people familiar with the matter. […]
October 19, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), Winter Fuels Outlook We forecast lower average natural gas bills for U.S. consumers that heat their homes primarily with natural gas this […]
September 13, 2023 Data source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. ethane production reached a new monthly record of 2.7 million barrels per day (b/d) in April 2023, continuing the upward trend that […]
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