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Posted July 6, 2015Today in Energy

California grid expected to maintain reliability despite drought ›

According to the North American Electric Reliability Corporation (NERC), the bulk power system in California is not expected to lose grid reliability this summer, despite a drought that has lowered hydroelectric generation. Overall, NERC expects more than 72 gigawatts (GW) of electric generating capacity to be available this summer in the part of the electric grid covering much of California. More


Source: EIA, based on NERC 2015 Summer Reliability Assessment

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WTI crude oil futures price

7/1/2015: $56.96/bbl

down$3.31 from week earlier
down$48.38 from year earlier

Natural gas futures price

7/1/2015: $2.783/mmBtu

up$0.024 from week earlier
down$1.672 from year earlier

Weekly coal production

6/27/2015: 15.523 million tons

down0.759 million tons from week earlier
down3.351 million tons from year earlier

Natural gas inventories

6/26/2015: 2,577 Bcf

up69 Bcf from week earlier
up662 Bcf from year earlier

Crude oil inventories

6/26/2015: 465.4 mmbbl

up2.4 mmbbl from week earlier
up80.4 mmbbl from year earlier

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