U.S. Energy Information Administration - EIA - Independent Statistics and Analysis
Today in Energy
Note: Gasoline supply includes ethanol.
The U.S. Energy Information Administration released a PADD 5 Transportation Fuels Markets study on September 30 that examines supply, demand, and distribution of petroleum-based transportation fuels in Petroleum Administration for Defense District (PADD) 5, which encompasses California, Arizona, Nevada, Oregon, Washington, Alaska, and Hawaii.
The monthly natural gas share of total U.S. electricity generation surpassed the coal share in July for the second time ever, with natural gas fueling 35.0% of total generation to coal's 34.9% share. Compared to the previous July, coal-fired generation fell in every region of the country, while natural gas-fired generation rose in every region.
Note: Propane price is weighted average of Midwest and Northeast prices.
Most U.S. households can expect lower heating expenditures this winter (October through March) compared with the past two winters. In most regions, the decline in expenditures is attributed to the combination of warmer weather and lower fuel prices.
Note: U3O8 is uranium concentrate.
Kazakhstan became the leading supplier of uranium for the 100 operating U.S. nuclear power reactors in 2014, supplying 12 million pounds, or 23%, of the 53.3 million pounds of uranium purchased by owners and operators of U.S. reactors. This level is almost double the 6.5 million pounds of Kazakh-origin uranium purchased in 2013. In previous years, Australia, Canada, and Russia have been leading suppliers of uranium to the United States. The amount of U.S.-origin uranium purchased in 2014 decreased 65% compared with 2013.
Hurricane Joaquin, which strengthened to a Category 4 storm on Thursday, is on track to move north along the East Coast this weekend, potentially bringing torrential rainfall and flooding to the region. To help analysts assess potential storm effects, EIA maintains an energy disruptions map that displays energy infrastructure and real-time storm information.
According to official U.S. trade data, the United States exported 21,000 barrels per day (b/d) of condensate derived wholly from natural gas (CDWFNG) to Brazil in July 2015. Under the current U.S. export classification system, CDWFNG falls under the general heading of crude oil within the 2709 Schedule B category. Consequently, these exports are counted as crude oil in the U.S. Energy Information Administration's (EIA) Petroleum Supply Monthly released yesterday.
Note: Component cost is based on EIA/ARI component-based cost model and assumes average well depth of 11,500 feet, with 4,000 feet of horizontal drilling. 2013 cost data are based on reports from Sinopec.
Decreases in the cost to drill shale gas wells and continued investment into domestic production have allowed China to increase its development of shale gas. Although reliance on natural gas imports has increased in the Chinese energy market, future shale gas production in China would help to meet natural gas demand as the country faces difficulties in developing other natural gas resources, including coalbed methane (CBM).
Note: Values for North Sea Brent and Japanese customs-cleared (JCC) crude oil prices converted to $/MMBtu on an energy-equivalent basis. The official reporting of Japan spot LNG price statistics began in March 2014, so no prior data exist.
Unlike the natural gas market in the United States, natural gas prices in Asian markets typically reflect contracts that are indexed to crude oil or petroleum product prices. The declines in crude oil prices between August 2014 and January 2015 had a significant effect on Asian natural gas prices and markets. However, Asian countries are developing regional trading hubs so that natural gas prices better reflect natural gas market dynamics. In 2014, almost 30% of global liquefied natural gas (LNG) was traded on a spot and short-term basis, of which Asia Pacific trade accounted for three-quarters of the total.
Outages at U.S. nuclear power plants were extremely low this summer (June through August), averaging 2.9 gigawatts (GW), or less than 3% of total U.S. nuclear capacity. During four days in August, outages dropped to just 0.1 GW out of a total U.S. nuclear capacity of 98.7 GW, the lowest value recorded since the U.S. Nuclear Regulatory Commission (NRC) began collecting data in 2007.
Inventories of distillate fuel oil in the U.S. East Coast are higher now than they have been in the previous three years, reaching 59 million barrels on September 18. Most of the recent increase is in the Central Atlantic region, but inventories are also higher in New England and in the Lower Atlantic, compared with previous late-September levels.