Petroleum & Other Liquids

Current Issues & Trends See more ›

U.S. oil companies increased liquids production and cash flow in the second quarter of 2017

financial markets liquid fuels oil/petroleum prices production/supply

Hurricanes Harvey and Irma lead to higher gasoline prices in Florida

Florida disruption liquid fuels prices states weather

Hurricane Irma prompts high gasoline demand as it disrupts Florida's supply chain

Florida PADD 1 gasoline prices

Hurricane Harvey caused U.S. Gulf Coast refinery runs to drop, gasoline prices to rise

Gulf Coast PADD 3 Texas gasoline petroleum products prices refineries refining

Hurricane Harvey disrupts U.S. Gulf Coast refineries, infrastructure, and supply chains

East Coast Gulf Coast PADD 1 PADD 3 crude oil diesel futures gasoline inventories/stocks prices production/supply refinery capacity

Hurricane Irma may cause problems for East Coast energy infrastructure

Florida disruption electricity weather

Oman’s petroleum and other liquids production reached record levels in 2016

OPEC international liquid fuels oil/petroleum production/supply

Hurricane Harvey adds uncertainty to gasoline prices for the upcoming Labor Day weekend

gasoline liquid fuels prices weather

Seasonal swings in U.S. distillate inventories lower as consumption patterns change

consumption/demand distillate fuel inventories/stocks liquid fuels

Appalachian natural gas processing capacity key to increasing natural gas, NGPL production

HGL Marcellus Ohio Pennsylvania Utica West Virginia liquid fuels natural gas production/supply propane

Crude oil and natural gas production in Texas and Oklahoma's Anadarko Region is growing

Oklahoma crude oil liquid fuels natural gas production/supply states

Hurricane Harvey headed for area with significant oil, natural gas infrastructure

Gulf Coast Gulf of Mexico Texas electricity liquid fuels natural gas oil/petroleum pipelines production/supply states weather

Changing crude quality mix is affecting crude price differentials and refining decisions

Brent Libya Nigeria OPEC Saudi Arabia WTI crude oil non-OPEC oil/petroleum prices refining

The Danish and Turkish Straits are critical to Europe’s crude oil and petroleum trade

crude oil international liquid fuels oil/petroleum transportation

U.S. gasoline production is running near record levels

gasoline inventories/stocks liquid fuels production/supply

EIA's Drilling Productivity Report initiates coverage of the Anadarko Basin

Oklahoma Texas crude oil drilling production/supply

EIA’s Drilling Productivity Report adds Anadarko region, aggregates Marcellus and Utica

New England Oklahoma Texas drilling liquid fuels oil/petroleum states

The Strait of Malacca, a key oil trade chokepoint, links the Indian and Pacific Oceans

crude oil international liquid fuels oil/petroleum petroleum products

Strong domestic and export demand is outpacing U.S. gasoline production, resulting in stock draws

exports/imports gasoline inventories/stocks production/supply

Three important oil trade chokepoints are located around the Arabian Peninsula

Saudi Arabia crude oil international liquid fuels oil/petroleum transportation

Seasonality of U.S. distillate consumption and stock levels is declining

commercial diesel distillate fuel exports/imports heating oil inventories/stocks residential

Wyoming, Texas, and Pennsylvania rank as the top net energy suppliers among states

California Florida New York North Dakota Pennsylvania Texas West Virginia Wyoming consumption/demand production/supply states

U.S. crude oil production forecast to average 9.9 million barrels per day in 2018

Gulf of Mexico Permian STEO crude oil drilling production/supply shale

Retail price of regular gasoline forecast to average $2.38 per gallon this summer

STEO forecasts/projections liquid fuels

Brent and WTI crude oil prices expected to average about $50 per barrel through 2018

Brent OECD OPEC STEO WTI crude oil forecasts/projections inventories/stocks non-OECD oil/petroleum production/supply

U.S. oil producers paying off debt, but higher costs restrict cash flow growth

United States financial markets oil/petroleum production/supply

U.S. petroleum refinery capacity continues to increase

capacity liquid fuels oil/petroleum refinery capacity refining

Energy commodity prices declined more than other commodities in the first half of 2017

crude oil liquid fuels oil/petroleum prices

U.S. refinery capacity at the start of 2017 is 1.6% above its year-earlier level

crude oil oil/petroleum refineries refinery capacity

Construction costs for most power plant types have fallen in recent years

biomass costs electricity generation hydroelectric liquid fuels natural gas oil/petroleum power plants solar wind

Even as renewables increase, fossil fuels continue to dominate U.S. energy mix

biomass coal consumption/demand hydroelectric liquid fuels natural gas nuclear oil/petroleum renewables

Earthquake trends in Oklahoma and other states likely related to wastewater injection

Oklahoma natural gas oil/petroleum states

Reporting oil companies’ proved reserves in 2016 decline for second consecutive year

financial markets international liquid fuels oil sands oil/petroleum reserves

United States remains the world’s top producer of petroleum and natural gas hydrocarbons

OPEC Russia Saudi Arabia international liquid fuels natural gas oil/petroleum production/supply

As U.S. airlines carry more passengers, jet fuel use remains well below its previous peak

consumption/demand transportation

Oil companies’ proved reserves decline for second consecutive year as finding costs remain near historical average

financial markets international oil sands oil/petroleum reserves

Fuel economy improvements are projected to reduce future gasoline use

AEO energy efficiency forecasts/projections gasoline liquid fuels oil/petroleum transportation

U.S. energy consumption rose slightly in 2016 despite a significant decline in coal use

coal consumption/demand natural gas oil/petroleum renewables

Total U.S. energy production falls in 2016 after six consecutive years of increases

coal crude oil natural gas nuclear petroleum products production/supply renewables total energy

U.S. oil producers issued record equity in 2016 and increased investment in the final quarter

United States crude oil drilling financial markets prices production/supply

U.S. biomass-based diesel imports increase 65%, set new record in 2016

biomass diesel exports/imports

EIA’s short-term global oil demand outlook considers the role of economic activity

international liquid fuels oil/petroleum

Tight oil expected to make up most of U.S. oil production increase through 2040

liquid fuels oil/petroleum production/supply tight oil

U.S. energy trade with Mexico: U.S. export value more than twice import value in 2016

Mexico crude oil exports/imports liquid fuels natural gas oil/petroleum petroleum products

Global crude oil balances expected to tighten through 2018

STEO crude oil international liquid fuels

With low oil prices in 2016, federal revenues from energy on federal lands again declined

liquid fuels oil/petroleum production/supply

Energy commodity prices rose more than other commodity sectors in 2016

diesel gasoline liquid fuels natural gas oil/petroleum prices

Quarterly upstream earnings positive for the first time since 2014

financial markets futures oil/petroleum prices production/supply

Recent OPEC agreement reflected in EIA forecast issued earlier this week

Brent OPEC STEO WTI forecasts/projections oil/petroleum prices

EIA adds population density layers to U.S. Energy Mapping System

electricity natural gas oil/petroleum

Residential heating oil and propane prices at levels similar to last winter’s low prices

HGL heating oil prices propane residential states weather

Stable oil prices, improving credit conditions contributing to rise in merger and acquisition activity

STEO Texas crude oil financial markets oil/petroleum prices production/supply rig count

U.S. energy production, consumption has changed significantly since 1908

coal crude oil exports/imports liquid fuels production/supply renewables

Short positions in U.S. crude oil futures held by producers, merchants at nine-year high

STEO crude oil financial markets production/supply

Low oil prices have affected Russian petroleum companies and government revenues

Russia international liquid fuels natural gas oil/petroleum

Heating oil expenditures expected to increase 38% this winter, but remain below normal

Northeast STEO crude oil distillate fuel heating oil prices

Winter heating bills likely to increase, but still remain below recent winters

HGL STEO electricity exports/imports forecasts/projections heating oil natural gas prices propane weather

Weekly Energy Snapshots provides a weekly recap of EIA data visualizations

inventories/stocks prices spot prices storage weather

Narrowing crude oil price differences contribute to global convergence of refining profits

crack spread financial markets international liquid fuels oil/petroleum refining

OPEC members' net oil export revenue in 2015 drops to lowest level since 2004

OPEC exports/imports liquid fuels oil/petroleum

Changing crude oil price differentials contribute to global convergence of refining profits

crack spread financial markets international oil/petroleum refining

World tight oil production to more than double from 2015 to 2040

AEO AEO2016 Australia Canada Colombia IEO Mexico Russia United States international production/supply tight oil

U.S. ethanol plant capacity increases for third consecutive year

ethanol production/supply

Declining economic activity and oil revenues in Russia are adversely affecting its regional neighbors

Europe Russia crude oil financial markets

New EIA website spotlights key drivers of petroleum product prices

STEO crack spread crude oil futures gasoline liquid fuels production/supply refining

Changing U.S. energy mix reflects growing use of natural gas, petroleum, and renewables

coal exports/imports liquid fuels natural gas nuclear oil/petroleum renewables

U.S. oil companies closer to balancing capital investment with operating cash flow

crude oil drilling financial markets liquid fuels production/supply

Retail price of regular gasoline forecast to average $2.25 per gallon this summer

STEO forecasts/projections gasoline liquid fuels oil/petroleum prices

EIA projects rise in U.S. crude oil and other liquid fuels production beyond 2017

AEO AEO2016 HGL NGL United States biofuels crude oil forecasts/projections liquid fuels oil/petroleum prices production/supply

Fossil fuels still dominate U.S. energy consumption despite recent market share decline

biomass coal exports/imports hydroelectric liquid fuels natural gas nuclear oil/petroleum renewables

Proposed standards for medium- and heavy-duty vehicles would reduce diesel consumption

AEO AEO2016 diesel gasoline transportation

Recent data show divergent trends for rail shipments of crude oil, ethanol, and biodiesel

biofuels crude oil ethanol liquid fuels rail

U.S. retail gasoline prices lowest since 2009 ahead of Memorial Day weekend

Brent STEO forecasts/projections gasoline prices

Oil companies focus on production over exploration as low oil prices reduce value of new reserves

crude oil financial markets international oil/petroleum prices production/supply reserves resources

China’s diesel exports put downward pressure on Asia-Pacific crack spreads

China diesel exports/imports international oil/petroleum prices refining

EIA's global crude supply outlook considers planned and unplanned production outages

Canada Iran OPEC STEO Syria Venezuela crude oil oil/petroleum prices

Declining energy prices lower the cost of living

crude oil liquid fuels natural gas prices residential

Crude oil prices rise and contango narrows, but high inventories should constrain further price increases

STEO WTI crude oil futures inventories/stocks prices

2015 financials reveal significant differences across U.S. onshore-only producers

financial markets liquid fuels oil/petroleum prices production/supply reserves

State taxes on gasoline and diesel average 27 cents per gallon

diesel gasoline liquid fuels oil/petroleum prices states taxes transportation

Total U.S. energy production increases for sixth consecutive year

HGL NGL coal crude oil exports/imports natural gas petroleum products production/supply

Retail gasoline prices this summer expected to be lowest since 2004

gasoline liquid fuels prices

Short-Term Outlook for Hydrocarbon Gas Liquids

HGL STEO ethane forecasts/projections propane

EIA lowers its crude oil price forecast

Brent STEO WTI crude oil oil/petroleum prices

Motor gasoline consumption expected to remain below 2007 peak despite increase in travel

exports/imports gasoline transportation

U.S. mining and exploration investment declined 35% in 2015

crude oil mining prices

Transportation Fuels Markets, PADD 1 and PADD 3

East Coast Gulf Coast PADD 1 PADD 3 consumption/demand diesel distribution exports/imports gasoline jet fuel liquid fuels most popular production/supply residual fuel oil storage transportation

Changing contract expiration dates will affect crude oil futures comparisons

Brent WTI futures liquid fuels oil/petroleum prices

Upcoming winter storm may cause problems for East Coast energy infrastructure

disruption weather

Warmer weather, lower energy prices are reducing home heating expenditures

HGL STEO electricity heating oil natural gas prices propane weather

Crude oil prices will remain relatively low through 2016 and 2017

Brent STEO WTI oil/petroleum prices

State severance tax revenues decline as fossil fuel prices drop

Alaska Oklahoma Texas West Virginia Wyoming coal natural gas oil/petroleum states

Prices for oil and natural gas commodities fell during 2015

diesel gasoline liquid fuels natural gas oil/petroleum prices

Recent Data

Stocks
million barrels
	9/1/2017	9/8/2017	9/15/2017
Crude oil (Excluding SPR)	462.4	468.2	472.8
Motor gasoline	226.7	218.3	216.2
Distillate fuel oil	147.8	144.6	138.9
All other oils	473.6	481.1	477.7
Crude oil in SPR	678.6	677.0	675.4
Total	1,989.0	1,989.2	1,981.0
Source: Weekly Petroleum Status Report