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Deepwater Horizon oil buried in Gulf Coast beaches could take more than 30 years to biodegrade

September 11, 2019

Golf ball-size clods of weathered crude oil originating from the 2010 Deepwater Horizon catastrophe could remain buried in…
The Uncertainties Around Algae for Biofuel

July 20, 2019

PNNL researchers develop new model for analyzing biocrude yield and economics. Could algae one day replace crude oil…
The U.S. Gulf Coast became a net exporter of crude oil in late 2018

March 19, 2019

In the last two months of 2018, the U.S. Gulf Coast exported more crude oil than it imported.…
Despite recent supply reductions, global liquid fuels production to outpace demand

March 5, 2019

Despite relatively lower supply from a number of major crude oil-producing countries, including Saudi Arabia, Libya, Venezuela, and…
EIA adds new play production data to shale gas and tight oil reports

February 20, 2019

In December 2018, U.S. shale and tight plays produced about 65 billion cubic feet per day (Bcf/d) of…
More stringent marine sulfur limits mean changes for U.S. refiners and ocean vessels

February 8, 2019

The implementation of new regulations affecting marine fuel specifications will have implications for crude oil and petroleum product…
The United States is expected to export more energy than it imports by 2020

February 1, 2019

EIA projects that, for the first time since the 1950s, the United States will export more energy than…
Crude oil prices end the year lower than they began the year

January 7, 2019

Brent crude oil averaged $72 per barrel (b) in 2018, and West Texas Intermediate (WTI) averaged $65/b in…
Energy commodity prices fell significantly in the last quarter of 2018

January 3, 2019

After increasing 25% from January through the beginning of October in 2018, the spot energy index in the…
For one week in November, the U.S. was a net exporter of crude oil and petroleum products

December 13, 2018

During the week ending November 30, 2018, the United States exported more crude oil and petroleum products than…
Pipeline constraints, refinery maintenance push Western Canadian crude oil prices lower

December 4, 2018

Planned maintenance at several large refineries in the Midwest has decreased the volume of crude oil processed in the…
U.S. crude oil and natural gas proved reserves set new records in 2017

November 30, 2018

High prices and continued development of shale and tight resources drove proved reserves of both U.S. crude oil…
U.S. crude oil and natural gas production increased in 2017, with fewer wells

November 19, 2018

The total number of wells producing crude oil and natural gas in the United States fell to 991,000…
U.S. monthly crude oil production exceeds 11 million barrels per day in August

November 5, 2018

U.S. crude oil production reached 11.3 million barrels per day (b/d) in August 2018, according to EIA’s latest Petroleum…
Iran has produced and exported less crude oil since sanctions announcement

October 26, 2018

Iran’s crude oil exports and production have declined since the May 2018 announcement by the United States that…
The changing U.S. energy trade balance is still dominated by crude oil imports

October 19, 2018

During the past decade, the U.S. trade gap for energy products has narrowed. From 2003 to 2007, the…
Hurricane path, not just size, can have a large effect on oil and gas production

October 10, 2018

The 2018 Atlantic hurricane season produced 13 named storms as of October 5, including 6 hurricanes. The most…
The United States continues to increase production of lighter crude oil

October 10, 2018

As domestic production continues to increase, the average density of crude oil produced in the United States continues…
Crude oil entering Gulf Coast refineries has become lighter as imports have declined

October 3, 2018

The density of crude oil processed by U.S. Gulf Coast refineries has become lighter since 2008 as refineries…
Crude oil was the largest U.S. petroleum export in the first half of 2018

September 26, 2018

Crude oil surpassed hydrocarbon gas liquids (HGL) to become the largest U.S. petroleum export, with 1.8 million barrels per day…
East Coast refiners receiving more domestic crude oil from Gulf Coast by tanker and barge

September 21, 2018

Since mid-2017, the East Coast has been receiving as much crude oil by tanker and barge from the…
Cash, carbon, crude: Stanford study highlights a path and price to coax emissions back into oil reservoirs

September 21, 2018

In February 2018, Donald Trump signed into law new tax credits that reward oil companies for capturing carbon…
The United States is now the largest global crude oil producer

September 13, 2018

The United States likely surpassed Russia and Saudi Arabia to become the world’s largest crude oil producer earlier…
Permian region is expected to drive U.S. crude oil production growth through 2019

August 28, 2018

EIA’s August Short-Term Energy Outlook (STEO) forecasts that U.S. crude oil production will average 10.7 million barrels per day (b/d)…
More than 30% of global maritime crude oil trade moves through the South China Sea

August 28, 2018

The South China Sea is a major trade route for crude oil, and in 2016, more than 30%…
The port district of Houston-Galveston became a net exporter of crude oil in April

August 24, 2018

The U.S. port district of Houston-Galveston in Texas recently began exporting more crude oil than it imported for the first…
U.S. refinery capacity virtually unchanged between 2017 and 2018

July 17, 2018

As of January 1, 2018, U.S. operable atmospheric crude distillation capacity totaled 18.6 million barrels per calendar day…
China is a key destination for increasing U.S. energy exports

July 13, 2018

In recent years, as its domestic energy consumption has grown, China has become a more significant destination for…
EIA now publishes petroleum export data by U.S. region of origin and destination country

June 29, 2018

Starting with the May 2018 release of the Petroleum Supply Monthly, EIA now publishes U.S. petroleum export databy region, defined…
Oil company additions to proved reserves in 2017 were the highest since 2013

June 26, 2018

In 2017, a group of the world’s largest publicly traded oil and natural gas producers added more hydrocarbons…
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