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Posted October 19, 2018Today in Energy

U.S. manufacturers’ short-term capability to switch fuels continues to decline ›

Some manufacturing plants can take advantage of relative price differences and cope with supply shortages by switching the fuels used in their furnaces, boilers, ovens, and other combustors. In the United States, the capability of the manufacturing sector to switch the fuels it uses has declined in recent decades, as described in a new report from EIA’s 2014 Manufacturing Energy Consumption Survey (MECS). More

total consumption of commonly used fuels in the manufacturing process

Source: EIA, Manufacturing Energy Consumption Survey

Data Highlights

WTI crude oil futures price

10/18/2018: $68.65/barrel

down$2.32 from week earlier
up$16.61 from year earlier

Natural gas futures price

10/18/2018: $3.198/MMBtu

down$0.024 from week earlier
up$0.344 from year earlier

Weekly coal production

10/13/2018: 14.497 million tons

down0.283 million tons from week earlier
down0.566 million tons from year earlier

Natural gas inventories

10/12/2018: 3,037 Bcf

up81 Bcf from week earlier
down601 Bcf from year earlier

Crude oil inventories

10/12/2018: 416.4 million barrels

up6.5 million barrels from week earlier
down40.0 million barrels from year earlier