Last summer, when the price of fuel ethanol was lower than the petroleum component of gasoline, record amounts of ethanol were blended into the gasoline sold in the United States (blend rates). The summer 2022 fuel ethanol blend rate from June through August reached 10.5%, the highest blend rate calculated, based on ...
Wind plant performance–how much electricity a wind plant generates compared with its maximum possible generation–depends almost entirely on the availability of wind resources, which vary depending on both the time of year and the geographic region.
Natural gas has played an increasingly important role in both Egypt's and Israel's economies over the past 20 years, and both consumption and production have grown substantially in those countries. Egypt's and Israel's natural gas delivery systems have become increasingly interdependent in terms of using Egypt's LNG ...
Liquefied natural gas (LNG) import capacity in the European Union (EU) and the United Kingdom (UK) will expand by 34%, or 6.8 billion cubic feet per day (Bcf/d), by 2024 compared with 2021, according to the International Group of Liquefied Natural Gas Importers (GIIGNL) and trade press data. Expansions of import, or ...
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, ...
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 ...
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 ...
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 ...
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 ...