Energy Information Administration

UPS’ levies drop to 15% from 15.25%.

The U.S. Department of Energy changed its methodology for determining a benchmark diesel price back in June — and now discloses what that means.

Fossil fuels – petroleum, natural
gas and coal – accounted for
79% of the 97 quadrillion British
thermal units (quads) of primary
energy consumption in the
United States during 2021.

The Energy Information Administration is still dealing with technical issues and won’t be releasing — but will be gathering — its weekly benchmark diesel price.

The Annual Energy Outlook 2022 Reference case projects that U.S. energy consumption will grow through 2050, primarily driven by population and economic growth

U.S. utilities are facing record low coal stockpiles, and network congestion on the rails is only adding to the stress.

In 2020, five countries accounted for about 50% of the world’s total crude oil production

In 2020, total consumption of
fossil fuels in the United States, including petroleum, natural gas, and coal, fell to 72.9 quadrillion British thermal units (Btu),
down 9% from 2019 and the
lowest level since 1991.

United States Petroleum Product Consumption

Shares of Total US Energy Consumption by Major Sources

Brian Aoaeh writes about changes in the energy/fuel mix over the next 30 years in developed and developing economies.

The rise and fall of interest in natural gas trucks typically depends on the price of oil. Now, the availability of clean energy credits in California and tougher NOx rules expected from the California Air Resources Board are additional reasons for purchase.

The DOE statistical arm has the most precise forecast of anyone on what IMO2020 will mean for diesel prices. It’s fairly conservative.

Three key agencies have completed their January forecasts and they are all reasonably confident about OPEC’s ability to balance oil markets this year.

The EIA becomes one of the first major forecasters to put a price per gallon estimate on what is going to happen to diesel prices when the new rule kicks in.