The U.S. energy policy is clear about its intention to phase out fossil fuels. This has forced refiners to exercise caution in order to stay afloat. It has also resulted in a loss of U.S. […]
November 23, 2022 Data source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update, and the U.S. Bureau of Labor Statistics Consumers paid, on average, $3.65 per gallon (gal) at the pump for U.S. regular […]
November 22, 2022 Data source: U.S. Energy Information Administration, Natural Gas Imports and Exports/Pipelines Despite the downward trend in natural gas imports from Canada, trade between the United States and Canada remains important in balancing […]
Data source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report Working natural gas stocks reached 3,644 billion cubic feet (Bcf) as of November 11, 2022, according to the Weekly Natural Gas Storage Report, nearly matching the five-year […]
Oil futures were on track Thursday to tally back-to-back declines as China’s zero-COVID policy continued to dull the outlook for energy demand. Natural-gas futures bucked the downtrend for the energy sector as U.S. government data […]
November 17, 2022 Data source: U.S. Energy Information Administration, Heating Oil and Propane Update U.S. heating oil prices were 65% higher this October than they were in October of last year, according to our Heating […]
November 16, 2022 Data source: U.S. Energy Information Administration, Heating Oil and Propane Update Propane prices during the first month of the current winter heating season (October-March) are essentially unchanged compared with prices at the […]
November 15, 2022 Data source: U.S. Energy Information Administration, Natural Gas Annual 2021 Note: Disposition means consumption, net exports, and net storage injections. Other end use includes vehicle fuel, pipeline and distribution use, lease use, […]
ENB Pub Note: Ok, this one gets me worked up. The Universities teach students to protest against energy companies and the world and then do NOTHING about their power plants. Even some take their coal […]
US energy dominance has altered a fundamental economic relationship. Today, rising oil prices are associated with a strengthening US dollar, whereas rising oil prices once caused the dollar’s exchange rate to decline. Rising US oil, […]
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