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Posted July 25, 2014Today in Energy

Biofuels are included in latest U.S. Navy fuel procurement ›

Recently the Department of Defense (DoD) released its annual procurement for bulk fuels to be delivered to its facilities in the eastern and inland United States and Gulf Coast. For the first time, this procurement requests military-specification diesel fuel and jet fuel that are blended with biofuels. The biofuels components, however, are optional and will only be accepted if certain cost and performance requirements are met. A similar procurement for the Rocky Mountain and West Coast regions is expected to be released later this year. More

Source: U.S. Navy, used with permission


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Data Highlights

WTI crude oil futures price

7/24/2014: $102.07/bbl

down$1.12 from week earlier
down$3.32 from year earlier

Natural gas futures price

7/24/2014: $3.847/mmBtu

down$0.107 from week earlier
up$0.149 from year earlier

Weekly coal production

7/19/2014: 18.990 million tons

up0.649 million tons from week earlier
down0.528 million tons from year earlier

Natural gas inventories

7/18/2014: 2,219 Bcf

up90 Bcf from week earlier
down561 Bcf from year earlier

Crude oil inventories

7/18/2014: 371.1 mmbbl

down4.0 mmbbl from week earlier
up6.9 mmbbl from year earlier


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