Tag: Energy Information Administration

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 »

Surge of industrial projects could lift U.S. gas demand by 19 percent

A wave of gas-to-liquids investments and other U.S. industrial projects will likely boost demand for natural gas by 19 to 31 percent through the end of the decade, a new study shows.  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 »

Diesel demand projected to soar on economic growth

Economic growth in the United States will cause demand for diesel to rise over coming decades, even as gasoline use continues a steady decline, according to a federal analysis released this week.  More »

Gasoline at US pumps set to hit six-year seasonal high

Gasoline in the U.S. climbed this week, boosted by a surge in oil, and is expected to reach the highest level for this time of year since 2008.  More »

US oil exports soar to new milestone

U.S. oil exports hit a 15 year high in April, despite broad limitations on foreign sales, according to a report released Monday by the federal Energy Information Administration.  More »

Feds: Eagle Ford will lead shale production growth in July

The U.S. Energy Information Administration expects that the Eagle Ford Shale will produce 1.4 million barrels of crude oil and other liquids daily in July.  More »
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