U.S. ethane production, consumption, and exports expected to increase through 2018.
Managing the Modulation of Petroleum Product Prices inOil and natural gas production jobs in May were 26% lower than in October 2014.Panama Canal expansion unlikely to significantly change crude oil, petroleum product flows.
New EIA data series track shipments of hydrocarbon gas liquids by rail.Recent U.S. imports of oil tend to be heavier than domestic production.Expected decrease in Lower 48 oil production is partially offset by rising GOM output.Updated stock quote for bp - including bp stock price today, earnings and estimates, stock charts, news, futures and other investing data.U.S. oil and natural gas proved reserves declined in 2015 because of lower prices.Coal Reserves, production, prices, employ- ment and productivity, distribution, stocks, imports and exports.
Retail gasoline prices this summer expected to be lowest since 2004.State severance tax revenues decline as fossil fuel prices drop.
Oil companies focus on production over exploration as low oil prices reduce value of new reserves.Refiner margins unable to fully offset low upstream earnings for integrated oil companies.The American Association of Petroleum Geologists is an international organization with over 38,000 members in 100-plus countries.Canada provides record-high share and amount of U.S. crude oil imports in 2015.U.S. oil production continues to decline, and is now below its year-ago level.Declining economic activity and oil revenues in Russia are adversely affecting its regional neighbors.The price of kerosene in Mexico during that time was about 40 U.S. cents per.
Products; Trade...U.S. energy trade with Mexico: U.S. export value more than twice import value in 2016.Recent drilling activity has lowered costs and increased performance.
World Oil - Upstream News | Technology | Exploration
EIA now using near-real-time export data to provide better weekly petroleum consumption statistics.Iraq is second-leading contributor to global liquids supply growth in 2015.Petroleum coke (petcoke) is one of many valued consumer products produced during the oil refining process.
Motor gasoline consumption expected to remain below 2007 peak despite increase in travel.European distillate oversupply means some shippers take the long route around Africa.
Strategic Petroleum Reserve sales expected to start this month.Fossil fuels still dominate U.S. energy consumption despite recent market share decline.EIA now provides estimates of drilled but uncompleted wells in major production regions.Recent data show divergent trends for rail shipments of crude oil, ethanol, and biodiesel.The Effect of Cost of Distribution on the Pump Price. effect of cost of distribution on the. incessant upward reviews of official pump prices of petroleum.