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U.S. refinery runs hit fifth consecutive annual record high in 2018

April 8, 2019

Gross inputs to U.S. petroleum refineries, also referred to as refinery runs, averaged 17.3 million barrels per day…
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.…
The United States imports and exports substantial volumes of petroleum

March 18, 2019

U.S. net trade of petroleum, which includes crude oil, petroleum products, and natural gas plant liquids, has fallen…
In late January, Gulf Coast gasoline crack spreads reached their lowest levels since 2014

March 6, 2019

U.S. Gulf Coast gasoline crack spreads had been declining since mid-2018 and briefly went negative in January and early February…
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 expects stable U.S. biofuels production, consumption, and trade through 2020

March 5, 2019

In its February 2019 Short-Term Energy Outlook (STEO), EIA forecasts that several recent trends in U.S. biofuels markets will continue…
Congress retains most energy programs in 2018 Farm Bill through fiscal year 2023

February 28, 2019

On December 20, 2018, the Agricultural Improvement Act of 2018 (2018 Farm Bill) was signed into law, continuing federal support…
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…
U.S. NGPL production continues to grow, driven by production in East and Southwest regions

February 6, 2019

In EIA’s Annual Energy Outlook 2019 (AEO2019) Reference case, natural gas plant liquids (NGPL) production grows by 32% between 2018…
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…
EIA now publishes oil stocks at power plant level

January 24, 2019

EIA now publishes data on monthly and yearly plant-level oil stocks at electricity-generating power plants. Power plants that…
Changes in marine fuel sulfur limits will put temporary upward pressure on diesel margins

January 18, 2019

The January 2019 Short-Term Energy Outlook (STEO), released at noon today, for the first time includes analysis of the effect…
Iraq’s oil production has nearly doubled over the past decade

January 15, 2019

Crude oil production in Iraq averaged 4.5 million barrels per day (b/d) through August 2018, up from 4.4…
The Middle East, Africa, and Asia now drive nearly all global energy consumption growth

January 10, 2019

Energy consumption in Asia, the Middle East, and Africa continues to grow rapidly, with about 20% growth in…
U.S. average retail gasoline prices ended the year lower than they started

January 7, 2019

U.S. regular retail gasoline prices averaged $2.72 per gallon (gal) in 2018, 30 cents/gal (13%) higher than in…
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…
Coming changes in marine fuel sulfur limits will affect global oil markets

December 18, 2018

International regulations limiting sulfur in fuels for ocean-going vessels, set to take effect in January 2020, have implications…
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…
High gasoline inventories help drive U.S. refining margins to five-year lows

November 28, 2018

Flattening year-over-year growth in gasoline demand in the United States, combined with high levels of refinery output, have…
U.S. average gasoline prices this Thanksgiving are higher than the previous three years

November 23, 2018

Heading into the Thanksgiving holiday weekend, U.S. retail regular-grade gasoline averaged $2.61 per gallon (gal), up 4 cents/gal…
The Wolfcamp play has been key to Permian Basin oil and natural gas production growth

November 22, 2018

Increased oil and natural gas development in the Wolfcamp play has helped drive overall crude oil and natural gas production…
Renewable diesel is increasingly used to meet California’s Low Carbon Fuel Standard

November 19, 2018

Renewable diesel net supply to California’s fuel market has increased since the state’s Low Carbon Fuel Standard (LCFS) program went…
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…
Low Rhine River water levels disrupt petroleum product shipments to parts of Europe

November 5, 2018

Historically low water levels on the Rhine River in Europe have resulted in transportation disruptions for shipments of…
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…
Europe’s liquefied natural gas imports have increased lately, but remain below 2011 peak

October 29, 2018

Imports of liquefied natural gas (LNG) to the 28 countries that make up the European Union (EU-28) averaged…
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…
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