U.S. crude oil production has grown rapidly in recent years, primarily from light, sweet crude (less dense, lower sulfur content) from tight resource formations. Roughly 90% of the nearly 3.0 million barrel per day (b/d) growth in production from 2011…

Month: June 2015 (page 3)
Levelized cost comparisons help explain value of various electric generation technologies
When power plants are built, several factors influence the choice of fuels and technologies that will ultimately generate electricity. Cost is one of the most difficult factors to compare, as technologies can have vastly different capital, fuel, maintenance, and financing…
Crude oil adjustment balances independently developed supply and disposition components
The crude oil adjustment is perhaps the most frequently misunderstood component of the U.S. crude oil balance published in EIA’s Weekly Petroleum Status Report. This adjustment reflects the combined uncertainty around each of the crude oil data elements that EIA…
EIA conference on current energy issues is two weeks away
The U.S. Energy Information Administration (EIA) will hold its 2015 Energy Conference on June 15 and 16 in Washington, DC. This two-day event provides the opportunity to meet and network with energy analysts, decision makers, and EIA staff. Last year…