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power
EIA News

U.S. power grid added 20.2 GW of generating capacity in the first half of 2024

August 20, 2024 Mariel Alumit

According to our latest Preliminary Monthly Electric Generator Inventory, developers and power plant owners added 20.2 gigawatts (GW) of utility-scale electric generating capacity in the United States during the first half of 2024. This new capacity […]

Diesel consumption
Diesel

Diesel consumption falls in China due to reduced economic activity and fuel substitution

August 16, 2024 Mariel Alumit

Our estimates of diesel consumption in China totaled 3.9 million barrels per day (b/d) in June 2024, a decline of 11% from the same month last year and the largest year-over-year decline in consumption for […]

Oil Prices
Crude Oil News

Oil Prices Fall After the EIA Reports an Inventory Build

August 14, 2024 Mariel Alumit

Oil prices initially rose on a smaller-than-expected US producer price increase and the API’s report of declining crude oil inventories. Optimism faded after the EIA reported an inventory build, causing prices to fall. Geopolitical tensions […]

Domestic uranium
Critical Minerals

Domestic uranium market will grow between 2023 and 2024

August 13, 2024 Mariel Alumit

Uranium miners in the United States produced more than 82,000 pounds of uranium concentrate in the first quarter of 2024, more than in all of 2023. Domestic uranium mines produced 50,000 pounds of triuranium octoxide […]

Crude Oil News

US crude inventories fall, fuel builds as demand weakens, EIA says

August 7, 2024 Mariel Alumit

DENVER, Aug 7 (Reuters) – U.S. crude oil stockpiles fell more than expected last week, while gasoline and distillate inventories rose as refining activity picked up and demand dropped, the Energy Information Administration (EIA) said […]

U.S. natural gas
EIA News

What is the outlook for U.S. natural gas inventories at the end of injection season?

August 7, 2024 Mariel Alumit

In our latest Short-Term Energy Outlook, we forecast that U.S. working natural gas inventories will be 3,954 billion cubic feet (Bcf) by the end of October, the most natural gas in U.S. storage since November 2016. […]

U.S. imports of renewable diesel
Diesel

U.S. imports of renewable diesel increased in the early months of 2024

August 7, 2024 Mariel Alumit

In the first five months of 2024, U.S. imports of renewable diesel averaged 30,000 barrels per day (b/d), approaching the monthly record set in May 2023. Most of the imports (94%) were destined for the U.S. West Coast, […]

power plants
Coal

The most coal is stockpiled at U.S. power plants since 2020

August 6, 2024 Stu Turley

Coal stockpiles at U.S. electric power plants totaled 138 million short tons at the end of May, the most since the first half of 2020 when the effects of the COVID-19 pandemic reduced electricity demand […]

U.S. refineries
Crude Oil News

Canada’s crude oil has an increasingly significant role in U.S. refineries

August 2, 2024 Mariel Alumit

Crude oil imports from Canada have become increasingly important to U.S. oil refineries, now making up most U.S. imports. U.S. oil refining capacity stood at 18.4 million barrels per day (b/d) as of January 1, 2024. In […]

U.S. refining capacity
Diesel

U.S. refining capacity increased in 2023 with expansions at existing facilities

July 31, 2024 Mariel Alumit

U.S. refining capacity increased this year for the second time since the COVID-19 pandemic, according to our annual Refinery Capacity Report. U.S. operable atmospheric crude oil distillation capacity, the primary measure of refinery capacity, totaled 18.4 […]

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