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Marcellus, Friday Energy Facts: Utica Provide 85% of U.S. Shale Gas Production Growth Since Start of 2012

Source: U.S. Energy Information Administration, Drilling Productivity Report, July 2015The productivity of natural gas wells in the Marcellus Shale and the neighboring Utica Shale is steadily increasing because of ongoing improvements in precision...

Posted July 31, 2015    

New Methanol and Fertilizer Plants to Increase Already-Growing Industrial Natural Gas Use

Source: U.S. Energy Information Administration, based on Bentek Energy and industry reportsReversing a decline that lasted more than a decade, industrial natural gas consumption has grown steadily since 2009 as relatively low natural gas prices...

Posted July 30, 2015    

Friday Energy Facts: Beyond Shell-BG, Oil Company Merger Activity is Down

Source: Evaluate Energy. Note: Deal values are adjusted for inflation.The second quarter of 2015 exhibited the largest amount of oil companies' merger and acquisition (M&A) activity by value since fourth-quarter 2012. The announced merger...

Posted July 24, 2015    

China Will Soon Surpass South Korea, Russia, and Japan in Nuclear Generating Capacity

Source: U.S. Energy Information Administration, International Atomic Energy Agency, World Nuclear AssociationNuclear power currently makes up slightly more than 2% of China's total power generation. However, the Chinese government has a stated goal...

Posted July 23, 2015    

U.S. Nuclear Outages are Low During Summer Peak Electricity Demand Season

Source: U.S. Energy Information Administration, Status of U.S. Nuclear Outages. Note: Outage data reflect only nuclear units that have operated or were intended to operate in the past year.As the country reaches the summer peak electricity demand...

Posted July 20, 2015    

Summer Gasoline Prices are Lowest in Years

Source: U.S. Energy Information Administration, Short-Term Energy Outlook Real prices viewerThe average retail price for motor gasoline this summer (April through September) is expected to be $2.67 per gallon, the lowest price (in real dollars,...

Posted July 15, 2015    

Last Monday's Large Percentage Decline in Crude Oil Prices was Relatively Rare

Source: U.S. Energy Information Administration, Thomson Reuters. Note: Chart represents the number of times a daily percent change occurred in West Texas Intermediate (WTI) crude oil prices since January 2, 2006.The front-month futures price for...

Posted July 14, 2015    

Friday Energy Facts: Net Petroleum Product Exports Continue to Increase

Source: U.S. Energy Information Administration, Petroleum Supply Monthly.Over the past decade, domestic refinery output of petroleum products has grown significantly while consumption has declined, resulting in a major increase in product exports....

Posted July 10, 2015    

Coal Production Using Mountaintop Removal Mining Decreases by 62% Since 2008

Source: U.S. Energy Information Administration, based on the Mine Safety and Health Administration, the Office of Surface Mining Reclamation and Enforcement, and state agencies. Note: Production excludes refuse coal. Coal production data for 2014...

Posted July 9, 2015    

California Grid Expected to Maintain Reliability despite Drought

Source: U.S. Energy Information Administration, based on North American Electric Reliability Corporation 2015 Summer Reliability AssessmentAccording to the North American Electric Reliability Corporation (NERC), the bulk power system in California...

Posted July 7, 2015    

Hawaii and Vermont Set High Renewable Portfolio Standard Targets

Source: U.S. Energy Information Administration. Note: The figure includes primary renewable targets and does not adjust for additional sub-targets.Two states recently passed legislation that would require significant increases in renewable...

Posted July 6, 2015    

Fossil Fuels Have Made Up at Least 80% of U.S. Fuel Mix Since 1900

Source: U.S. Energy Information Administration, Monthly Energy ReviewWhile the energy history of the United States is one of significant change, three fossil fuel sources—petroleum, natural gas, and coal—have made up at least 80% of total U.S....

Posted July 3, 2015