EIAs Short-Term Energy Outlook forecasts that the typical U.S. residential household will consume about 3,080 kilowatthours of electricity this summer (June through August), down 5% from the average summer consumption in 2018. If this forecast is realized, it would be the lowest level of electricity consumption per customer since 2014 and the second-lowest level since 2001. EIA expects summer electricity consumption will be lower than in 2017 because of milder projected temperatures.
AJOT | April 17, 2019 | Energy | Intermodal | Trucking
In the April 2019 update of its Summer Fuels Outlook, EIA expects the retail price of U.S. regular-grade gasoline will average $2.76 per gallon (gal) during the summer from April through September 2019.
SERVA and Polar Service Centers are pleased to announce the opening of a new service facility in Odessa, Texas, located at 12318 W. County Road 100. On April 16, this location will host an open house showcasing products from all the EnTrans International brands, including SERVA, Polar Tank Trailer, Heil Trailer, Kalyn Siebert and Jarco.
The publication recognized Sovcomflot's USD 252M seven-year credit agreement with a consortium of foreign banks to finance the construction of a series of the world's first large-capacity LNG-fuelled tankers.
In 2018, U.S. exports of crude oil rose to 2.0 million barrels per day (b/d), nearly double the 1.2 million b/d rate in 2017. Export volumes by destination changed significantly during the year, as U.S. crude oil exports to China fell and exports to other destinations such as South Korea, Taiwan, and Canada increased.
AJOT | April 15, 2019 | Energy | Ports & Terminals | Ports
BP, Nouryon (formerly AkzoNobel Specialty Chemicals), and the Port of Rotterdam have joined forces to explore the opportunity of making “green hydrogen” via water electrolysis for BP’s refinery in Rotterdam, the Netherlands, which has the potential for significant reductions in CO2 emissions.
Today’s announcement that US supermajor Chevron will acquire Anadarko Petroleum in a deal valued at $50 billion is reflective of multiple trends that are becoming increasingly evident in the global energy market, according to industry expert Rystad Energy.
The amount of generating capacity from natural gas-fired combined-cycle (NGCC) plants has grown steadily over time, and in 2018, surpassed coal-fired plants as the technology with the most electricity generating capacity in the United States.