Energy Interdependency Blog
Energy Reports
In the Midst of Volatile Oil Prices, U.S. Crude Oil Production Still Expected to Rise in 2015
The rapid decline in crude oil prices has exerted global pressure on the energy industry and nations heavily dependent upon oil. Russia is a glaring example, with the precarious state of its currency largely tied to the precipitous drop in oil prices this year. In the midst of such volatility, the outlook for the U.S. … Continue reading
Natural Gas Pipelines to Bolster Bi-Directional Capacity in Northeast up to 32%, EIA Data Shows
By 2017, natural gas pipelines are projected to convert up to 32% of their pipeline capacity into the Northeast to support the bi-directional flow of natural gas out of the region to the South and West, according to a U.S. Energy Information Administration (“EIA”) December 2, 2014 report. It is well known that the increased … Continue reading
U.S. 2013 Natural Gas Net Imports Lowest Since 1989 With Gas Production Setting a New Record
The U.S. Energy Information Administration recently reported that U.S. natural gas net imports in 2013 were down 14% to 1,311 billion cubic feet (Bcf), which is the lowest since 1989. According to the report, imports decreased by 8% during 2013 and were likely displaced by the production of domestic natural gas. Preliminary data shows that domestic … Continue reading
U.S. Natural Gas Consumption Reaches Record High
U.S. NATURAL GAS CONSUMPTION REACHES RECORD HIGH: According to the U.S. Energy Information Administration’s last report, U.S. natural gas use in January 2014 was at record high of 3,218,645 million cubic feet (Mcf). The majority of volume was delivered to residential customers and 661,523 Mcf of natural gas was delivered to fuel electric power. Posted … Continue reading
U.S. Has Second Highest Oil/Petroleum Liquids Production in 25+ Years
U.S. HAS SECOND HIGHEST OIL/PETROLEUM LIQUIDS PRODUCTION IN 25+ YEARS: The U.S. Energy Information Administration reported that U.S. Field Production of Crude Oil and Petroleum Products has been the highest since March 1986 in recent months. In March 1986, 10,664 million barrels/day were produced – in November 2013, 10,632 million barrels/day and in January 2014, 10,578 million … Continue reading
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