U.S. crude oil exports increased and reached more destinations in 2017
U.S. crude oil exports grew to an average of 1.1 million barrels per day (b/d) in 2017, the second full year since restrictions on crude...
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Mar 20, 20173 min read
Despite growth late in the year, U.S. crude oil production decreased in 2016
Despite increasing crude oil prices throughout most of 2016, total U.S. crude oil production in 2016 was below its 2015 level. However,...
Dec 17, 20162 min read
U.S. oil and natural gas proved reserves declined in 2015 because of lower prices
U.S. crude oil proved reserves declined 4.7 billion barrels (11.8%) from their year-end 2014 levels to 35.2 billion barrels at year-end...
Nov 8, 20163 min read
U.S. energy production, consumption has changed significantly since 1908
On Tuesday, the Cleveland Indians are set to host the Chicago Cubs in game six of the 2016 Major League Baseball World Series. In the 68...
Oct 18, 20163 min read
U.S. crude oil imports increase during first half of 2016, the first increase since 2010
U.S. gross crude oil imports increased by 528,000 barrels per day (b/d), or 7%, during the first half of 2016 compared to the first half...
Sep 10, 20162 min read
EIA Short-Term Energy Outlook
REPORT SUMMARY: WTI crude today is higher by 1.5% to $45.53. The average price of WTI crude this year is now seen at $41.92 per barrel...
Sep 3, 20162 min read
Why Natural Gas Investors Should Watch Oil Rigs
On August 26, 2016, the natural gas (UNG) (FCG) (BOIL) (GASL) (GASX) (UGAZ) (DGAZ) rig count was 81—two less compared to the previous...
Aug 18, 20162 min read
U.S. crude oil exports are increasing and reaching more destinations
The number of countries receiving exported U.S. crude oil has risen since the removal of restrictions on exporting U.S. crude oil in...
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