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Posted June 20, 2013Today in Energy

Industrial sector natural gas use rising ›

Natural gas use for industrial purposes was more than 3%, or 0.6 billion cubic feet per day, greater during the first five months of 2013 compared to the same period in 2012. Higher industrial gas usage reflects recent economic gains and sustained, historically low natural gas prices that have provided operators of natural gas-intensive industrial facilities in the United States a cost advantage relative to competing facilities that rely on higher-cost energy sources.  More


Source: EIA, Bentek Energy LLC.

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The 2013 EIA Energy Conference was held June 17–18 at the JW Marriott in Washington, DC.

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Shale gas refers to natural gas that is trapped within shale formations.

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Data Highlights

WTI crude oil futures price

6/18/2013: $98.44/bbl

up$3.06 from week earlier
up$15.17 from year earlier

Natural gas futures price

6/18/2013: $3.905/mmBtu

up$0.181 from week earlier
up$1.270 from year earlier

Retail gasoline price

6/17/2013: $3.626/gal

down$0.029 from week earlier
up$0.093 from year earlier

Crude oil inventories

6/14/2013: 394.1 mmbbl

up0.3 mmbbl from week earlier
up6.8 mmbbl from year earlier

Weekly coal production

6/8/2013: 18.185 million tons

down0.402 million tons from week earlier
down1.069 million tons from year earlier

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