Tag: EIA

EIA to cast new data into oil export debate

The U.S. Energy Information Administration is on track next month to issue two highly anticipated reports that will shape the debate over exporting crude, including an analysis of how the price of oil around the globe affects gasoline costs inside the United States.  More »

Natural gas will dominate Texas electric growth, report says

Natural gas power plants will represent almost all the growth in Texas electricity generation until at least 2040, the U.S. Energy Department reports.  More »

Coal imports fall as natural gas advances

Imports of coal for electric power plants have fallen from a peak level of 30 million tons in 2007 to less than 7 million in 2013.  More »

Feds predict slowdown in annual power plant growth

The U.S. Energy Information Administration forecasts the U.S. will build 351 gigawatts of new electric generation capacity — enough to power xxx homes — by 2040.  More »

Enhanced oil recovery techniques limited in shale

Energy companies currently leave about 95 percent of the crude in the ground at today’s unconventional oil wells, but they face major technological challenges in boosting recovery rates, a Schlumberger scientist said Tuesday.  More »

Coming soon to a country near you: The US frac phenomenon

The United States’ monopoly on pulling oil and gas out of ultra-dense rock formations is ending, as companies aim to replicate the success in other countries, energy analysts said Tuesday.  More »

Logistics exec says rail trumps pipelines

Because trains offer flexibility that fixed pipelines can’t match, the trend of moving oil by rail is here to stay, an energy executive told industry leaders and analysts Monday.  More »

Trade lawyer: Feds’ rulings won’t unleash flood of oil exports

The secret government rulings that gave two Texas companies confidence they could export a slightly distilled ultra-light oil will not open the floodgates for that condensate to flow overseas, a top trade lawyer said Monday.  More »

IEA chief: US energy security not as secure as we think

U.S. headlines are full of good news about the nation’s soaring oil and gas production, but those rosy forecasts may be papering over serious gaps, an international energy leader said Monday.  More »

Rallying Permian beats anew as heart of Texas oil

The Permian Basin, which helped define the Texas oil business for 50 years then hit the skids, is back big-time, and a new government report makes the point.  More »

Record LPG exports will drive ship market growth, Latsco says

Increased U.S. exports of liquefied petroleum gas amid higher shale oil production will boost demand for ships that carry gases such as propane, butanes and ethane, according to the director of Latsco Shipping Ltd., said  More »

Texas oil production set to top No. 2 OPEC country

Texas now is pumping 36 percent of the nation’s oil, more than doubling its production in three years, according to new federal data.  More »
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