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Posted September 20, 2018Today in Energy

East Coast refiners receiving more domestic crude oil from Gulf Coast by tanker and barge ›

Since mid-2017, the East Coast has been receiving as much crude oil by tanker and barge from the Gulf Coast as it has by rail from the Midwest. In April, the volume of crude oil transported by tanker and barge from the Gulf Coast to the East Coast reached the highest level since mid-2014. At the same time, crude oil shipped to the East Coast by rail from the Midwest has fallen 77% from its peak in late 2014. These changes in crude oil shipments, as well as the mix between foreign and domestic crude oil inputs to East Coast refineries, have followed price movements in crude oil markets. More

east coast refinery crude oil sources

Source: EIA, Petroleum Supply Monthly

Data Highlights

WTI crude oil futures price

9/19/2018: $71.12/barrel

up$0.75 from week earlier
up$21.64 from year earlier

Natural gas futures price

9/19/2018: $2.908/MMBtu

up$0.079 from week earlier
down$0.214 from year earlier

Weekly coal production

9/15/2018: 14.537 million tons

up0.392 million tons from week earlier
down0.256 million tons from year earlier

Natural gas inventories

9/14/2018: 2,722 Bcf

up86 Bcf from week earlier
down672 Bcf from year earlier

Crude oil inventories

9/14/2018: 394.1 million barrels

down2.1 million barrels from week earlier
down78.7 million barrels from year earlier