South Africa is one of the world’s leading emitters of energy-related carbon dioxide (CO2), ranking fifteenth globally in 2015 and accounting for more than any other country in Africa. In an effort to reduce CO2 emissions, South Africa is planning…
Month: January 2018
Hydraulically fractured horizontal wells account for most new oil and natural gas wells
In 2016, hydraulically fractured horizontal wells accounted for 69% of all oil and natural gas wells drilled in the United States and 83% of the total linear footage drilled. The combination of horizontal drilling and hydraulic fracturing has increased the…
U.S. crude oil exports increased following hurricane-related refinery disruptions
From late August through September 2017, Hurricane Harvey caused disruptions to the U.S. Gulf Coast refining sector, resulting in record-high U.S. crude oil exports when export facilities reopened after the storm and before many refineries returned to pre-storm levels of…
Natural gas production in Pennsylvania, Ohio, West Virginia growing faster than demand
Significant growth in natural gas production over the past decade—primarily from the Marcellus and Utica shales in the Appalachian Basin—have increased gross natural gas output in Ohio, Pennsylvania, and West Virginia. …read more Source:: TODAY IN ENERGY
EIA expects 2018 and 2019 natural gas prices to remain relatively flat
In its latest Short-Term Energy Outlook (STEO), EIA expects the Henry Hub natural gas spot price to average $2.88 per million British thermal units (MMBtu) in 2018 and $2.92/MMBtu in 2019, slightly lower than the 2017 average of $2.99/MMBtu. Lower…
Wind expected to surpass hydro as largest renewable electricity generation source
As one of the first technologies used to generate electricity, hydroelectric power has historically provided the largest share of renewable electricity generation in the United States. However, this year EIA expects wind power to surpass hydroelectricity, based on forecasts in…
January’s cold weather affects electricity generation mix in Northeast, Mid-Atlantic
The bomb cyclone weather event in early January 2018 resulted in record levels of U.S. natural gas demand and elevated wholesale natural gas and power prices around the country as reported in a special EIA analysis. …read more Source:: TODAY…
EIA forecasts natural gas to remain primary energy source for electricity generation
EIA’s January 2018 Short-Term Energy Outlook (STEO) forecasts that natural gas will remain the primary source of U.S. electricity generation for at least the next two years. The share of total electricity supplied by natural gas-fired power plants is expected…
Hydroelectric generation in Montana recovers from last summer’s flash drought
Montana experienced exceptionally hot and dry conditions last summer, which resulted in wildfires and a flash drought—an unpredictable drought that intensified very quickly. As a result, the hydropower share of the state’s electricity generation dropped below normal levels. …read more…
EIA expects total U.S. fossil fuel production to reach record levels in 2018 and 2019
In its January 2018 Short-Term Energy Outlook (STEO), EIA forecasts that total fossil fuels production in the United States will average almost 73 quadrillion British thermal units (Btu) in 2018, the highest level of production on record. EIA expects total…
