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Posted May 17, 2012Today in Energy
Market Watch: Crude oil is scheduled to flow Thursday on the reversed Seaway Pipeline, linking oil from Cushing, Oklahoma (location of the WTI benchmark) to refineries near Freeport, Texas. Initially, the 500-mile line will move 150,000 barrels per day (bpd); Seaway's volume is set to rise to 400,000 bpd by early 2013.
Global generation capacity for nuclear power has grown to over 346 gigawatts since 1955 ›
Nuclear generating capacity additions began in the 1950s and now top 346 gigawatts worldwide. The first nuclear reactor to produce electricity was a very small U.S. experimental reactor in 1951. Currently, 30 countries have nuclear power programs. More›
Source: EIA, IAEA Power Reactor Information System (PRIS).
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The world oil market is complicated. Oil companies and governments each play a role.
What is shale gas and why is it important? ›
Shale gas refers to natural gas that is trapped within shale formations.
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Our Experts Speak
Acting Administrator Howard Gruenspecht testifies before the U.S. Senate Committee on Energy & Natural Resources on EIA's analysis of The Clean Energy Standard Act of 2012 ›
May 17, 2012
Acting Administrator Howard Gruenspecht testifies before the U.S. Senate Committee on Energy & Natural Resources on current and near-term gasoline prices and trends ›
March 29, 2012
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Data Highlights
Crude oil futures price
5/16/2012: $92.81/bbl
down$4.00 from week earlier
down$4.10 from year earlier
Natural gas futures price
5/16/2012: $2.618/mmBtu
up$0.153 from week earlier
down$1.564 from year earlier
Natural gas inventories
5/11/2012: 2,667 Bcf
up61 Bcf from week earlier
up774 Bcf from year earlier
Crude oil inventories
5/11/2012: 381.6 mmbbl
up2.1 mmbbl from week earlier
up11.3 mmbbl from year earlier
Weekly coal production
5/5/2012: 17.885 million tons
down0.001 million tons from week earlier
down1.545 million tons from year earlier
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