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Posted February 23, 2017Today in Energy

China’s use of methanol in liquid fuels has grown rapidly since 2000 ›

China is the global leader in methanol use and has recently expanded methanol production capacity. Since the early 2000s, China’s methanol consumption in fuel products has risen sharply and is estimated to have been more than 500,000 barrels per day (b/d) in 2016. More


Source: EIA, based on Argus Media Group

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WTI crude oil futures price

2/21/2017: $54.06/barrels

up$0.86 from week earlier
up$22.58 from year earlier

Natural gas futures price

2/21/2017: $2.564/MMBtu

down$0.341 from week earlier
up$0.743 from year earlier

Retail gasoline price

2/20/2017: $2.302/gal

down$0.005 from week earlier
up$0.572 from year earlier

Retail diesel price

2/20/2017: $2.572/gal

up$0.007 from week earlier
up$0.589 from year earlier

Weekly coal production

2/11/2017: 16.488 million tons

down0.536 million tons from week earlier
up2.958 million tons from year earlier

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