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Posted March 6, 2015Today in Energy

Supply shortages lead to rolling power outages in the Philippines ›

As the 12th-largest nation in the world, the Philippines has a population of more than 100 million people spread over 7,000 islands, presenting several electricity infrastructure challenges. Currently, the country is facing concerns over resource adequacy in its power sector, as the nation is challenged to add supply quickly enough to keep up with growing demand. More


Source: Platts World Electric Power Plant Database (December 2014 release)

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Data Highlights

WTI crude oil futures price

3/5/2015: $50.76/bbl

up$2.59 from week earlier
down$50.69 from year earlier

Natural gas futures price

3/5/2015: $2.841/mmBtu

up$0.144 from week earlier
down$1.682 from year earlier

Weekly coal production

2/28/2015: 17.088 million tons

up0.583 million tons from week earlier
down2.716 million tons from year earlier

Natural gas inventories

2/27/2015: 1,710 Bcf

down228 Bcf from week earlier
up492 Bcf from year earlier

Crude oil inventories

2/27/2015: 444.4 mmbbl

up10.3 mmbbl from week earlier
up80.6 mmbbl from year earlier

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