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 average, and exceeded the year-ago level for this time of year. The deficit to the five-year average totaled 7 Bcf (0.2%) as of November 11—its ...
U.S. heating oil prices were 65% higher this October than they were in October of last year, according to our Heating Oil and Propane Update (HOPU). The winter heating season runs from October 1 through the end of March. Residential heating oil prices rose to an annual high of $5.90 per gallon (gal) on November 7, ...
Consumers paid, on average, $3.65 per gallon (gal) at the pump for U.S. regular gasoline on November 21, the Monday before Thanksgiving. This year's Monday-before-Thanksgiving price is 7.5%, or $0.25/gal, higher than last year, which is the same as the overall consumer goods price increase of 7.7%, based on the ...
Despite the downward trend in natural gas imports from Canada, trade between the United States and Canada remains important in balancing U.S. natural gas markets and helps ensure reliable supply to parts of the United States. Because of ample capacity on pipelines and in storage facilities in Canada, suppliers can ...
In April 2022, the Traverse Wind Energy Center in Oklahoma was completed and came online. At 999 megawatts (MW) of capacity, the Traverse facility is one of the largest wind farms in the United States and is the largest wind farm built in one phase in North America. Project developers expect that it will generate ...