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Posted August 28, 2014Today in Energy

Rail deliveries of U.S. oil continue to increase in 2014 ›

The amount of crude oil and refined petroleum products moved by U.S. railroads increased 9% during the first seven months of this year compared with the same period in 2013. In July, monthly average carloadings of oil and petroleum products were near 16,000 carloads per week, according to the Association of American Railroads. The increase in oil volumes transported by rail reflects rising U.S. crude oil production, which reached an estimated 8.5 million barrels per day in June for the first time since July 1986. More


Source: EIA, based on Association of American Railroads

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Data Highlights

WTI crude oil futures price

8/27/2014: $93.88/bbl

down$2.19 from week earlier
down$15.13 from year earlier

Natural gas futures price

8/27/2014: $3.957/mmBtu

up$0.134 from week earlier
up$0.423 from year earlier

Weekly coal production

8/23/2014: 19.376 million tons

down0.255 million tons from week earlier
down0.732 million tons from year earlier

Natural gas inventories

8/22/2014: 2,630 Bcf

up75 Bcf from week earlier
down490 Bcf from year earlier

Crude oil inventories

8/22/2014: 360.5 mmbbl

down2.1 mmbbl from week earlier
down1.6 mmbbl from year earlier

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