Petroleum & Other Liquids

This Week in Petroleum

Release date: May 20, 2015  |  Next release date: May 28, 2015

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EIA launches redesigned International Energy Portal

This week, EIA launched a redesigned International Energy Portal that will provide new and expanded tools and capabilities to examine trends in global energy markets. The International Energy Portal consists of several components: an overview page highlighting key global energy statistics; a data browser that allows interactive access to the full range of EIA's international data in both graphical and table form; an analysis section that links to EIA reports on countries, regions, and special topics; and an application programming interface (API) for users to retrieve international data as it is updated.

The data browser provides country-level energy data, with at least 30 years' worth of historical data for many countries, and provides users with the ability to view and download complete data sets for consumption, production, trade, reserves, and carbon dioxide emissions for different fuels and energy sources. The portal also provides a curated list of "featured views" for quick access to popular data series, such as total world petroleum production, total carbon dioxide emissions by country, and OPEC crude oil production.

The redesigned data browser allows users to compare combinations of data, such as reserves, production, imports, and exports of crude oil for a particular country. Users may also use the "pin" feature to compare different data series and fuel sources together, such as petroleum consumption versus carbon dioxide emissions and population for a particular country. The previous data browser supported viewing only one series at a time and did not allow easy comparison across fuel sources.

The portal's data browser allows users to convert between different international units of measurement for energy, such as displaying petroleum data using both barrels and metric tons. Users can also compare data across different energy sources by converting to British thermal units (Btu) and tons of oil equivalent (TOE).

New visualization features include summary graphics of the world's top producers and consumers of all fuel types, including petroleum, natural gas, coal, and electricity. Users can plot their own data visualizations by energy source and series. This feature enables users to quickly see how energy production, consumption, reserves, imports, and exports have changed over time.

Users can download graphics created with the portal in a variety of formats such as PDF and PNG. The portal also supports downloading the underlying data for any graphic in spreadsheet form.

The International Energy Portal provides links to international forecasts and projections such as the Short-Term Energy Outlook and International Energy Outlook and to EIA's entire library of international reports and analysis. International reports include Country Analysis Briefs and Country Analysis Notes that contain detailed information on more than 100 countries significant to world energy markets as well as analyses of critical issues in global energy trade, such as world oil transit chokepoints and OPEC revenues.

Country landing pages allow users to view key energy statistics and to access available reports and analysis. A data carousel provides a snapshot of the relative importance of various energy sources to the country, comparing production and consumption across various fuel sources and providing the percentage of world crude oil reserves the country holds.

The International Energy Portal incorporates a complete application programming interface (API) that provides access to EIA's historic international data. Users can retrieve international data as they are updated, or use the EIA Excel Data Add-In tool to download the data directly into spreadsheets.

U.S. average retail gasoline and diesel fuel prices increase

The U.S. average retail price of regular gasoline increased five cents from last week to $2.74 per gallon as of May 18, 2015, 92 cents per gallon less than the same time last year. The Midwest price increased nine cents to $2.60 per gallon, followed by the West Coast price, which rose seven cents to $3.51 per gallon. The Rocky Mountain price increased five cents to $2.69 per gallon. The Gulf Coast price rose three cents to $2.47 per gallon, and the East Coast price increased two cents to $2.63 per gallon.

The U.S. average price for diesel fuel increased three cents from last week to $2.90 per gallon, $1.03 per gallon less than a year ago. The Midwest and Rocky Mountain prices each increased four cents, to $2.79 per gallon and $2.81 per gallon, respectively. The Gulf Coast and West Coast prices rose two cents, to $2.79 per gallon and $3.16 per gallon, respectively. The East Coast price rose one cent to $3.00 per gallon.

Propane inventories gain

U.S. propane stocks increased by 2.6 million barrels last week to 71.0 million barrels as of May 15, 2015, 31.1 million barrels (78.0%) higher than a year ago. Gulf Coast inventories increased by 2.2 million barrels while Midwest and East Coast inventories both increased by 0.2 million barrels. Rocky Mountain/West Coast inventories increased by 0.1 million barrels. Propylene non-fuel-use inventories represented 7.6% of total propane inventories.

For questions about This Week in Petroleum, contact the Petroleum Markets Team at 202-586-0786.

Tags: coal, coal, international, natural gas, natural gas, renewable, renewable

Retail prices (dollars per gallon)

Retail price graphs
  Retail prices Change from last
  05/18/15 Week Year
Gasoline 2.744 0.053 -0.921
Diesel 2.904 0.026 -1.030

Futures prices (dollars per gallon*)

Futures price graphs
  Futures prices Change from last
  05/15/15 Week Year
Crude oil 59.69 0.30 -42.33
Gasoline 2.057 0.065 -0.917
Heating oil 2.005 0.051 -0.949
*Note: Crude oil price in dollars per barrel.

Stocks (million barrels)

Stock price graphs
  Stocks Change from last
  05/15/15 Week Year
Crude oil 482.2 -2.7 90.9
Gasoline 223.9 -2.8 10.6
Distillate 127.7 -0.5 11.4
Propane 71.042 2.583 31.131