Energy: Global Oil Supply Outlook Considers Planned, Unplanned Outages May 11, 2016

🕔May 11, 2016
The U.S. Energy Information Administration’s (EIA) May Short-Term Energy Outlook (STEO) forecasts that global liquid fuels supply will grow by 0.5 million barrels per day (b/d) in 2016 and by […]

Energy: Crude Oil Prices Rise, High Inventories Make Further Gains Unlikely Apr 27, 2016

🕔Apr 27, 2016
Global crude oil prices in April rose in response to near-term supply concerns and a more positive economic outlook that suggests rising demand for crude oil. The stronger crude oil […]

Energy: Crude Oil Price Forecast Lowered Mar 10, 2016

🕔Mar 10, 2016
The Short-Term Energy Outlook (STEO) released on March 8 forecasts that North Sea Brent crude oil prices will average $34 per barrel (b) in 2016 and $40/b in 2017, $3/b […]

U.S. Energy: Rail Oil Shipments Continue, Volumes Lower Mar 2, 2016

🕔Mar 2, 2016
The movement of crude by rail (CBR) within the United States, including intra-Petroleum Administration for Defense Districts (PADD) movements, reached 928,000 barrels per day (b/d) in October 2014, with most […]

Are Gasoline Prices Still High Relative to Crude Oil Prices? Feb 25, 2016

🕔Feb 25, 2016
The downdraft in crude oil prices picked up steam in the last few months, with Brent prices dropping into the low $30s, the lowest level since early 2004 (Figure 1). […]

U.S. Energy: Crude Oil Supplies Continue to Rise Feb 24, 2016

🕔Feb 24, 2016
Following the path started in 2015, U.S. commercial crude oil inventories have continued to build in early 2016 and are nearing record highs. Stocks in the Gulf Coast reached 256 […]

U.S. Energy: Warm Temps, Low Oil Prices Reduce Heating Expenditures Jan 27, 2016

🕔Jan 27, 2016
A combination of warmer-than-expected temperatures and lower-than-expected oil prices have contributed to a reduction in forecast average heating expenditures this winter (October-March) compared with EIA’s forecast in the October 2015 […]

U.S. Energy: Crude Oil Prices to Remain Low Through 2016-17 Jan 13, 2016

🕔Jan 13, 2016
The Short-Term Energy Outlook (STEO) released on January 12 forecasts that Brent crude oil prices will average $40 per barrel (b) in 2016 and $50/b in 2017. This is the […]

Gasoline Prices Mostly Down Dec 23, 2015

🕔Dec 23, 2015
The U.S. average retail price for regular gasoline decreased one cent from the previous week to $2.03 per gallon as of December 21, 2015, 38 cents per gallon less than […]

U.S. Energy: Effects of Removing Crude Export Restrictions Dec 23, 2015

🕔Dec 23, 2015
The recent rise in domestic crude oil production from 5.4 million barrels per day (b/d) in 2009 to 8.7 million b/d in 2014 and the prospect of continued supply growth […]

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