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fuel supply

Cheaper Crude Oil Helps Defense Department Get Jet Fuel 'Bargain'

March 6, 2015 by Jared Anderson

Defense Department Fuel Purchases

The US Department of Defense recently announced its latest round of annual jet fuel contracts and the bill came to almost $4 billion. That’s down about 20 percent from the last time the DOD awarded similar contracts and the military can thank cheaper crude oil for the discount.[read more]

Natural Gas Prices Drop Following Strong Production Growth

January 29, 2015 by U.S. EIA: Today in Energy

Natural Gas Production and Prices

Following a short-lived price increase over the course of November, natural gas prices have dropped to their lowest levels since all the way back in September of 2012, which is a reflection of very strong and healthy domestic production and inventory builds.[read more]

Energy Quote of the Day: Some Thoughts on US Natural Gas Inventories as Fall Approaches

August 24, 2014 by Jared Anderson

Natural Gas Inventories

Last winter’s unusually harsh weather drew down natural gas storage inventories well below five-year average levels and left the industry assessing the degree to which producers would replenish inventories ahead of heating demand season.[read more]

World Sets New Oil Production and Consumption Records

July 15, 2014 by Robert Rapier

Oil Consumption and Production Records

Last month BP released the Statistical Review of World Energy 2014. This report is one of the most comprehensive sources of global and country level statistics on production and consumption of oil, natural gas, coal, nuclear power and renewables.[read more]