Today in Energy Short, timely articles with graphics on energy facts, issues, and trends.
Crude oil used by U.S. refineries continues to get lighter in most regions
on October 11, 2019 at 1:00 pm
The API gravity of crude oil input to U.S. refineries has generally increased, or gotten lighter, since 2011 because of changes in domestic production and imports. Regionally, refinery crude slates—or the mix of crude oil grades that a refinery is processing—have become lighter in the East Coast, Gulf Coast, and West Coast regions, and they have become slightly heavier in the Midwest and Rocky Mountain regions.
California gasoline prices have risen 60 cents per gallon in the past three weeks
on October 10, 2019 at 1:00 pm
Gasoline prices in California have increased by a total of 60 cents per gallon (gal) in the past three weeks, according to data in the U.S. Energy Information Administration’s (EIA) Gasoline and Diesel Fuel Update. Regular retail gasoline prices averaged $4.09/gal as of Monday, October 7, the highest price for the state since mid-2014. Several refineries in the area are experiencing operational issues, which has limited gasoline production.
Recent decrease in U.S. crude oil production was geographically isolated, likely temporary
on October 9, 2019 at 1:00 pm
Monthly U.S. crude oil production fell by 276,000 barrels per day (b/d) in July 2019, based on the latest data in the U.S. Energy Information Administration’s (EIA) Petroleum Supply Monthly. This hurricane-related decrease was the largest decline in monthly crude oil production in more than a decade. The decline was temporary and geographically isolated to the Federal Offshore Gulf of Mexico. EIA expects that U.S. crude oil production will continue to increase through the remainder of 2019.
Winter energy bills in the United States likely to be lower than last year’s
on October 8, 2019 at 1:00 pm
On average across the United States, households can expect heating expenditures this winter (October through March) to be lower than last winter’s, according to the U.S. Energy Information Administration’s (EIA) Winter Fuels Outlook, released at noon today. EIA expects households that primarily use electricity or natural gas as their heating source to spend slightly less than last winter, households that use heating oil to spend 4% less, and households that use propane to spend 16% less. Only natural gas bills in the South are likely to rise significantly, by about 4%, primarily as a result of higher regional natural gas prices. EIA’s forecast of winter heating expenditures are based on fuel price and consumption forecasts from EIA and weather forecasts from the National Oceanic and Atmospheric Administration (NOAA).
Five states have implemented programs to assist nuclear power plants
on October 7, 2019 at 1:00 pm
In late July 2019, Ohio became the fifth state in the United States to enact policies that provide for compensation or other assistance for in-state nuclear generating plants. Connecticut, Illinois, New Jersey, and New York have implemented similar support programs for some of their nuclear power plants since 2017. All five state states have unbundled, retail-choice electricity markets where generators do not receive cost recovery from state regulatory commissions. Nuclear power is a significant source of in-state electricity generation in each of these five states.