National Library of Energy BETA

Sample records for markets oil prices

  1. Energy & Financial Markets: What Drives Crude Oil Prices? - Energy

    U.S. Energy Information Administration (EIA) Indexed Site

    Information Administration Crudeoil - U.S. Energy Information Administration (EIA) U.S. Energy Information Administration - EIA - Independent Statistics and Analysis Sources & Uses Petroleum & Other Liquids Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. Natural Gas Exploration and reserves, storage, imports and exports, production, prices, sales. Electricity Sales, revenue and prices, power plants, fuel use, stocks,

  2. Crude Oil Prices

    U.S. Energy Information Administration (EIA) Indexed Site

    Information AdministrationPetroleum Marketing Annual 2001 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

  3. Crude Oil Prices

    U.S. Energy Information Administration (EIA) Indexed Site

    Information AdministrationPetroleum Marketing Annual 1998 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

  4. Crude Oil Prices

    U.S. Energy Information Administration (EIA) Indexed Site

    Information AdministrationPetroleum Marketing Annual 1999 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

  5. Crude Oil Prices

    U.S. Energy Information Administration (EIA) Indexed Site

    20.86 20.67 20.47 20.24 20.32 19.57 See footnotes at end of table. 21. Domestic Crude Oil First Purchase Prices Energy Information Administration Petroleum Marketing Annual...

  6. World Crude Oil Prices

    U.S. Energy Information Administration (EIA) Indexed Site

    World Crude Oil Prices (Dollars per Barrel) The data on this page are no longer available.

  7. Crude Oil and Gasoline Price Monitoring

    Annual Energy Outlook [U.S. Energy Information Administration (EIA)]

    What drives crude oil prices? July 12, 2016 | Washington, DC An analysis of 7 factors that influence oil markets, with chart data updated monthly and quarterly price per barrel ...

  8. Crude Oil Prices Table 21. Domestic Crude Oil First Purchase...

    U.S. Energy Information Administration (EIA) Indexed Site

    Information Administration Petroleum Marketing Annual 1995 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

  9. Residential heating oil price

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 7.6 cents from a week ago to $2.97 per gallon. That's down $1.05 from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $2.94 per gallon, down 6.7 cents from last week, and down $1.07

  10. Residential heating oil price

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 6.3 cents from a week ago to $2.91 per gallon. That's down $1.10 from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $2.88 per gallon, down 6.8 cents from last week, and down $1.13

  11. Residential heating oil price

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 7.5 cents from a week ago to $2.84 per gallon. That's down $1.22 from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $2.80 per gallon, down 7.4 cents from last week, and down $1.23

  12. Residential heating oil price

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 4.1 cents from a week ago to $2.89 per gallon, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $2.84 per gallon, down 5.4 cents from last week

  13. Residential heating oil price

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 3.6 cents from a week ago to $3.04 per gallon. That's down 99.4 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $3.01 per gallon, down 3.6 cents from last week, and down $1.01

  14. Crude Oil and Gasoline Price Monitoring

    U.S. Energy Information Administration (EIA) Indexed Site

    What drives crude oil prices? September 7, 2016 | Washington, DC An analysis of 7 factors that influence oil markets, with chart data updated monthly and quarterly price per barrel (real 2010 dollars) imported refiner acquisition cost of crude oil WTI crude oil price 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 0 25 50 75 100 125 150 Crude oil prices react to a variety of geopolitical and economic events September 7, 2016 2 Low spare capacity Iraq invades Kuwait Saudis abandon swing

  15. Oil prices in a new light

    SciTech Connect (OSTI)

    Fesharaki, F. )

    1994-05-01

    For a clear picture of how oil prices develop, the author steps away from the price levels to which the world is accustomed, and evaluates scientifically. What makes prices jump from one notch to another The move results from a political or economic shock or the perception of a particular position by the futures market and the media. The shock could range from a war or an assassination to a promise of cooperation among OPEC members (when believed by the market) or to speculation about another failure at an OPEC meeting. In the oil market, only a couple of factual figures can provide a floor to the price of oil. The cost of production of oil in the Gulf is around $2 to $3/bbl, and the cost of production of oil (capital and operating costs) in key non-OPEC areas is well under $10/bbl. With some adjustments for transport and quality, a price range of $13/bbl to $16/bbl would correspond to a reasonable sustainable floor price. The reason for prices above the floor price has been a continuous fear of oil supply interruptions. That fear kept prices above the floor price for many years. The fear factor has now almost fully disappeared. The market has gone through the drama of the Iranian Revolution, the Iran-Iraq war, the tanker war, the invasion of Kuwait, and the expulsions of the Iraqis. And still the oil flowed -- all the time. It has become abundantly clear that fears above the oil market were unjustified. Everyone needs to export oil, and oil will flow under the worst circumstances. The demise of the fear factor means that oil prices tend toward the floor price for a prolonged period.

  16. How much will low prices stimulate oil demand?

    U.S. Energy Information Administration (EIA) Indexed Site

    ... Information Administration, Petroleum Supply Monthly and Petroleum Marketing Monthly (as of September 2015) Oil & Money Conference | How Much Will Low Prices Stimulate Oil Demand? ...

  17. Fact #742: August 27, 2012 Oil Price and Economic Growth | Department...

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    2: August 27, 2012 Oil Price and Economic Growth Fact 742: August 27, 2012 Oil Price and Economic Growth Major oil price shocks have disrupted world energy markets five times in ...

  18. Residential heating oil prices available

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil prices available The average retail price for home heating oil is $2.41 per gallon, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region currently average $2.35 per gallon. This is Marcela Rourk with EIA, in Washington.

  19. Residential heating oil prices available

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil prices available The average retail price for home heating oil is $3.52 per gallon. That's down 32.7 cents from a year ago, based on the U.S. Energy Information Administration's weekly residential heating fuel price survey. Heating oil prices in the New England region are at $3.48 per gallon, down 29.1 cents from a year ago. This is Marcela Rourk, with EIA, in Washington

  20. Table 21. Domestic Crude Oil First Purchase Prices

    U.S. Energy Information Administration (EIA) Indexed Site

    Administration Petroleum Marketing Annual 1996 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

  1. Table 21. Domestic Crude Oil First Purchase Prices

    U.S. Energy Information Administration (EIA) Indexed Site

    AdministrationPetroleum Marketing Annual 1998 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

  2. Table 21. Domestic Crude Oil First Purchase Prices

    U.S. Energy Information Administration (EIA) Indexed Site

    Administration Petroleum Marketing Annual 1995 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

  3. Oil Price Volatility

    U.S. Energy Information Administration (EIA) Indexed Site

    Speculation and Oil Price Volatility Robert J. Weiner Robert J. Weiner Professor of International Business, Public Policy & Professor of International Business, Public Policy & Public Administration, and International Affairs Public Administration, and International Affairs George Washington University; George Washington University; Membre Associ Membre Associ é é , GREEN, Universit , GREEN, Universit é é Laval Laval EIA Annual Conference Washington Washington 7 April 2009 7 April

  4. Market Prices and Uncertainty Report

    Reports and Publications (EIA)

    2016-01-01

    Monthly analysis of crude oil, petroleum products, natural gas, and propane prices is released as a regular supplement to the Short-Term Energy Outlook.

  5. Factors Influencing Oil Prices: A Survey of the Current State of Knowledge in the Context of the 2007-08 Oil Price Volatility Interactions in the U.S. Crude Oil Market

    U.S. Energy Information Administration (EIA) Indexed Site

    Factors Influencing Oil Prices: A Survey of the Current State of Knowledge in the Context of the 2007-08 Oil Price Volatility Louis H. Ederington, University of Oklahoma Chitru S. Fernano, University of Oklahoma Thomas K. Lee, U.S. Energy Information Administration Scott C. Linn, University of Oklahoma Anthony D. May, Wichita State University August 2011 Independent Statistics & Analysis www.eia.gov U.S. Energy Information Administration Washington, DC 20585 This paper is released to

  6. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price increases The average retail price for home heating oil rose 6-tenths of a cent from a week ago to $2.18 per gallon. That's down 79 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.13 per gallon, unchanged from last week, and down 88

  7. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 1.9 cents from a week ago to $2.16 per gallon. That's down 75 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.11 per gallon, down 2.8 cents from last week, and down 77

  8. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 5.1 cents from a week ago to $2.11 per gallon. That's down 72 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.05 per gallon, down 5.3 cents from last week, and down 75

  9. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 5 cents from a week ago to $2.06 per gallon. That's down 75 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.01 per gallon, down 4.1 cents from last week, and down 78

  10. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 1.8 cents from a week ago to $2.82 per gallon. That's down $1.36 from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $2.79 per gallon, down 1.5 cents from last week, and down $1.34

  11. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price increases The average retail price for home heating oil rose 1.8 cents from a week ago to $2.08 per gallon. That's down 72 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.02 per gallon, up 3-tenths of a cent from last week, and down 76

  12. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 1.9 cents from a week ago to $2.80 per gallon. That's down $1.44 from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $2.78 per gallon, down 1.2 cents from last week, and down $1.40

  13. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price increases The average retail price for home heating oil rose 1 cent from a week ago to $2.09 per gallon. That's down 82 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.02 per gallon, up 8-tenths of a cent from last week, and down 85

  14. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    Residential heating oil price increases The average retail price for home heating oil rose 1.1 cents from a week ago to $2.10 per gallon. That's down 94 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.04 per gallon, up 2.3 cents from last week, and down 95

  15. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    Residential heating oil price decreases The average retail price for home heating oil fell 9-tenths of a cent from a week ago to $2.09 per gallon. That's down $1.09 from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.04 per gallon, down 1-tenth of a cent from last week, and down $1.11

  16. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    Residential heating oil price decreases The average retail price for home heating oil fell 5-tenths of a cent from a week ago to $2.09 per gallon. That's down $1.20 from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.03 per gallon, down 9-tenths of a cent from last week, and down $1.22

  17. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    Residential heating oil price increases The average retail price for home heating oil rose 6-tenths of a cent from a week ago to $2.10 per gallon. That's down $1.11 from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.04 per gallon, up 5-tenths of a cent from last week, and down $1.14

  18. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    Residential heating oil price increases The average retail price for home heating oil rose 2.6 cents from a week ago to $2.12 per gallon. That's down 91 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.06 per gallon, up 2.1 cents from last week, and down 94

  19. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    Residential heating oil price increases The average retail price for home heating oil rose 1 cent from a week ago to $2.13 per gallon. That's down 80 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.07 per gallon, up 9-tenths of a cent from last week, and down 83

  20. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 10.5 cents from a week ago to $2.93 per gallon, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $2.90 per gallon, down 10.4 cents from last week. This is Marcela Rourk

  1. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 2.3 cents from a week ago to $2.38 per gallon. That's down 99 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $2.32 per gallon, down 3.1 cents from last week, and down $1.00

  2. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 1.5 cents from a week ago to $2.36 per gallon. That's down 97 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $2.31 per gallon, down 2-tenths of a cent from last week, and down 96

  3. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 3 cents from a week ago to $2.33 per gallon. That's down 89 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $2.28 per gallon, down 3.5 cents from last week, and down 9

  4. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 7.6 cents from a week ago to $2.26 per gallon. That's down 89 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $2.19 per gallon, down 8.9 cents from last week, and down 92

  5. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 4.5 cents from a week ago to $2.21 per gallon. That's down 87 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $2.15 per gallon, down 3.6 cents from last week, and down 89

  6. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 3.5 cents from a week ago to $2.18 per gallon. That's down 87 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $2.13 per gallon, down 2.2 cents from last week, and down 88

  7. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    5, 2014 Residential heating oil price decreases The average retail price for home heating oil fell 1.9 cents from a week ago to $3.43 per gallon. That's down 39 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $3.38 per gallon, down 2.6 cents from last week, and down 38.7

  8. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    7, 2014 Residential heating oil price decreases The average retail price for home heating oil fell 7.8 cents from a week ago to $3.14 per gallon. That's down 81.1 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $3.12 per gallon, down 6.5 cents from last week, and down 79.9

  9. Residential heating oil prices decline

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 2 cents from a week ago to $3.36 per gallon. That's down 52.5 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $3.31 per gallon, down 1.3 cents from last week, and down 52.6

  10. Residential heating oil prices decline

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 6.3 cents from a week ago to $3.08 per gallon. That's down 90.3 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $3.05 per gallon, down 6.8 cents from last week, and down 91.6

  11. Residential heating oil prices decline

    U.S. Energy Information Administration (EIA) Indexed Site

    2, 2014 Residential heating oil prices decline The average retail price for home heating oil is $3.48 per gallon. That's down 4.5 cents from a week ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $3.43 per gallon, down 5.7 cents from last week. This is Amerine Woodyard

  12. Residential heating oil prices decrease

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil prices decrease The average retail price for home heating oil fell 1.7 cents from a week ago to $4.02 per gallon. That's up 1.7 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to 4.01 per gallon, down 6-tenths of a cent from last week, and up 5.8

  13. Residential heating oil prices decrease

    U.S. Energy Information Administration (EIA) Indexed Site

    9, 2014 Residential heating oil price decreases The average retail price for home heating oil fell 2.9 cents from a week ago to $3.45 per gallon. That's down 36.6 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $3.41 per gallon, down 3 cents from last week, and down 35

  14. Residential heating oil prices increase

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil prices increase The average retail price for home heating oil rose 5.4 cents from a week ago to $4.04 per gallon. That's up 4.9 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region rose to 4.02 per gallon, up 5.6 cents from last week, and up 8

  15. Residential heating oil prices increase

    U.S. Energy Information Administration (EIA) Indexed Site

    3, 2014 Residential heating oil prices increase The average retail price for home heating oil rose 4.4 cents from a week ago to $4.06 per gallon. That's up 4.1 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region rose to 4.03 per gallon, up 2.5 cents from last week, and up 6

  16. Residential heating oil prices increase

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil prices increase The average retail price for home heating oil rose 12 cents from a week ago to $4.18 per gallon. That's up 13 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region rose to 4.13 per gallon, up 9.8 cents from last week, and up 12.9 cents from a

  17. Residential heating oil prices increase

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil prices increase The average retail price for home heating oil rose 3.9 cents last week to $3.96 per gallon. That's down 2.6 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. The price for heating oil in the New England region averaged 3.92 per gallon, up 5.2 cents from last week, and 1.7

  18. Residential heating oil prices increase

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil prices increase The average retail price for home heating oil rose 2.9 cents from a week ago to $3.98 per gallon. That's up 6-tenths of a penny from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region rose to 3.96 per gallon, up 4.1 cents from last week, and up 4.8

  19. World Oil Price Cases (released in AEO2005)

    Reports and Publications (EIA)

    2005-01-01

    World oil prices in Annual Energy Outlook 2005 are set in an environment where the members of OPEC (Organization of the Petroleum Exporting Countries) are assumed to act as the dominant producers, with lower production costs than other supply regions or countries. Non-OPEC oil producers are assumed to behave competitively, producing as much oil as they can profitability extract at the market price for oil. As a result, the OPEC member countries will be able effectively to set the price of oil when they can act in concert by varying their aggregate production. Alternatively, OPEC members could target a fixed level of production and let the world market determine the price.

  20. Oil and natural gas market outlook and drivers

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    AFS | Oil and natural gas market outlook and drivers, May 18, 2016 Global supply has ... WTI price dollars per barrel EIA expects WTI oil prices to remain low compared to recent ...

  1. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 8 cents from a week ago to $3.21 per gallon. That's down 98.7 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $3.18 per gallon, down 8.1 cents from last week, and down 96.1 cents from a year ago. This is Marcela Rourk

  2. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 17.7 cents from a week ago to $3.03 per gallon. That's down $1.09 from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $2.99 per gallon, down 18.2 cents from last week, and down $1.08 from a year ago. This is Marcela Rourk

  3. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 3.8 cents from a week ago to $3.33 per gallon. That's down 59.1 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $3.28 per gallon, down 3.7 cents from last week, and down 58.8 cents from a year ago. This is Marcela Rourk, with EIA, in Washington.

  4. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    6, 2014 Residential heating oil price decreases The average retail price for home heating oil rose 1.6 cents from a week ago to $4.24 per gallon. That's up 8.9 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region rose to 4.16 per gallon, up 6-tenths of a cent from last week, and up 3.9 cents from a year ago. This is Marcela Rourk, with EIA, in Washington. For more information, contact

  5. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    4 Residential heating oil price decreases The average retail price for home heating oil fell 1.6 cents from a week ago to $3.42 per gallon. That's down 39.5 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $3.37 per gallon, down 1.2 cents from last week, and down 39.7 cents from a year ago. This is Marcela Rourk, with EIA, in Washington. For more information, contact Marcela

  6. Residential heating oil price decreases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price decreases The average retail price for home heating oil fell 10.5 cents from a week ago to $3.22 per gallon. That's down 73.6 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $3.19 per gallon, down 9 cents from last week, and down 73.1 cents from a year ago. This is Marcela Rourk, with EIA, in Washington.

  7. Residential heating oil price increases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price increases The average retail price for home heating oil rose 11.2 cents from a week ago to $2.91 per gallon. That's down $1.33 from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region rose to $2.87 per gallon, up 9.8 cents from last week, and down $1.29 from a year ago. This is Marcela Rourk with EIA, in Washington.

  8. Residential heating oil price increases

    U.S. Energy Information Administration (EIA) Indexed Site

    9, 2015 Residential heating oil price increases The average retail price for home heating oil rose 11.7 cents from a week ago to $3.03 per gallon. That's down $1.20 from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region rose to $2.99 per gallon, up 12 cents from last week, and down $1.16 from a year ago. This is Marcela Rourk

  9. Residential heating oil price increases

    U.S. Energy Information Administration (EIA) Indexed Site

    5, 2015 Residential heating oil price increases The average retail price for home heating oil rose 14.7 cents from a week ago to $3.19 per gallon. That's down $1.06 from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region rose to $3.15 per gallon, up 15.9 cents from last week, and down $1.00 from a year ago. This is Marcela Rourk

  10. Residential heating oil price increases

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price increases The average retail price for home heating oil rose 10.3 cents from a week ago to $3.29 per gallon. That's down 93.7 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region rose to $3.26 per gallon, up 10.4 cents from last week, and down 89.3 cents from a year ago. This is Marcela Rourk

  11. Residential heating oil prices decline

    U.S. Energy Information Administration (EIA) Indexed Site

    9, 2014 Residential heating oil price decreases The average retail price for home heating oil fell 3.3 cents from a week ago to $3.38 per gallon. That's down 43.9 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to $3.33 per . gallon, down 3.5 cents from last week, and down 44.6 cents from a year ago

  12. Residential heating oil prices decrease

    U.S. Energy Information Administration (EIA) Indexed Site

    5, 2014 Residential heating oil prices decrease The average retail price for home heating oil fell 1.8 cents from a week ago to $4.00 per gallon. That's down 2-tenths of a cent from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to 4.01 per gallon, down 8-tenths of a cent from last week, and up 4.4

  13. Residential heating oil prices increase

    U.S. Energy Information Administration (EIA) Indexed Site

    5, 2014 Residential heating oil prices increase The average retail price for home heating oil rose 6.5 cents from a week ago to $4.24 per gallon. That's up 14.9 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region rose to 4.17 per gallon, up 4.1 cents from last week, and up 13.4 cents from a year ago. This is Amerine Woodyard, with EIA, in Washington. For more information, contact Marcela

  14. Residential heating oil prices increase

    U.S. Energy Information Administration (EIA) Indexed Site

    4, 2013 Residential heating oil prices increase The average retail price for home heating oil rose 2.9 cents from last week to $3.92 per gallon. That's down 11 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. The price for heating oil in the New England region averaged 3.87 per gallon, up 2.5 cents from last week, but down 7.1 cents from a year earlier. This is Marlana Anderson

  15. Microsoft Word - high-oil-price.doc

    Gasoline and Diesel Fuel Update (EIA)

    Short Term Energy Outlook 1 STEO Supplement: Why are oil prices so high? During most of the 1990s, the West Texas Intermediate (WTI) crude oil price averaged close to $20 per barrel, before plunging to almost $10 per barrel in late 1998 as a result of the Asian financial crisis slowing demand growth while extra supply from Iraq was entering the market for the first time since the Gulf War. Subsequently, as Organization of Petroleum Exporting Countries (OPEC) producers more closely adhered to a

  16. Oil-futures markets

    SciTech Connect (OSTI)

    Prast, W.G.; Lax, H.L.

    1983-01-01

    This book on oil futures trading takes a look at a market and its various hedging strategies. Growing interest in trading of commodity futures has spread to petroleum, including crude oil, and key refined products such as gasoline and heating oil. This book describes how the international petroleum trade is structured, examines the working of oil futures markets in the United States and the United Kingdom, and assesses the possible courses of further developments.

  17. Gas importers still resisting price parity with crude oil

    SciTech Connect (OSTI)

    Vielvoye, R.

    1981-02-23

    The pricing of natural gas on a parity with crude oil has become an important issue in the international energy market. A prime example of the hostility that can arise over this issue is the ongoing argument between the US and Algeria over the price of SONATRACH's LNG exports to El Paso Co. Because LNG shipping and regasification costs add substantially to its delivered (c.i.f.) cost, price parity at the point of export (f.o.b.) would put LNG's price far above that of crude oil or natural gas. Other LNG exporters, such as Indonesia and Libya, seem to be adopting Algeria's pricing stance. Most European LNG customers believe that if f.o.b. price parity - or even some of the c.i.f. price-calculation methods - becomes the established formula, LNG will be priced out of many industrial markets. Without the big contracts from industry, existing LNG projects might not be economical.

  18. Testing for market integration crude oil, coal, and natural gas

    SciTech Connect (OSTI)

    Bachmeier, L.J.; Griffin, J.M.

    2006-07-01

    Prompted by the contemporaneous spike in coal, oil, and natural gas prices, this paper evaluates the degree of market integration both within and between crude oil, coal, and natural gas markets. Our approach yields parameters that can be readily tested against a priori conjectures. Using daily price data for five very different crude oils, we conclude that the world oil market is a single, highly integrated economic market. On the other hand, coal prices at five trading locations across the United States are cointegrated, but the degree of market integration is much weaker, particularly between Western and Eastern coals. Finally, we show that crude oil, coal, and natural gas markets are only very weakly integrated. Our results indicate that there is not a primary energy market. Despite current price peaks, it is not useful to think of a primary energy market, except in a very long run context.

  19. Fact #579: July 13, 2009 Oil Price and Economic Growth, 1970-2008 |

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    Department of Energy 9: July 13, 2009 Oil Price and Economic Growth, 1970-2008 Fact #579: July 13, 2009 Oil Price and Economic Growth, 1970-2008 Major oil price shocks have disrupted world energy markets five times in the past 30 years - 1973-74, 1979-80, 1990-1991, 1999-2000 and again in 2008. Most of the oil price shocks were followed by an economic recession in the U.S. Oil Price and Economic Growth, 1970-2008 Graph showing the five times that major oil price shocks disrupted world energy

  20. Propagation of prices in the oil industry. [Monograph

    SciTech Connect (OSTI)

    Kisselgoff, A.

    1980-01-01

    The main thrust of this report is the development of a price record that would provide a basis for the identification of the areas of activity in the oil industry in which significant price changes have occurred, with expectation that this type of information could serve as a useful ingredient in the policy-making process. The study presents estimates of the selling price of a barrel of oil at three stages of operations of the industry - the wellhead, the refinery, and the end-use levels. Prices of individual classes of petroleum products at refineries and at the end-use level were also estimated. The price data are provided for benchmark years 1958, 1963, 1967, and 1972, as well as for 1973, 1974, 1975, and 1976 when crude oil prices rose considerably. The estimating procedure is briefly described in the study. The examination of the transmission of prices from market to market within the oil industry shows that the steep rise in 1973-1974 prices paid by end-users of petroleum products was due not only to the large increases in crude oil prices but also to the sizable increases in gross operating margins-labor costs, transportation, profits, etc. - at the refinery and distribution levels. In the post-embargo years of 1975 and 1976, prices continued to advance but at a slower pace. The refiners' gross margins in 1975, however, declined somewhat; they rose significantly above the 1974 level in 1976. The marketers' margins made further gains in 1975, but exhibited a decrease in 1976. The study includes a short discussion of the effects of rising oil prices in 1973-1976 on the profitability of the petroleum industry and the general price level.

  1. Higher crude oil prices contribute to higher summer gasoline prices

    U.S. Energy Information Administration (EIA) Indexed Site

    Higher crude oil prices contribute to higher summer gasoline prices The recent rise in crude oil prices will be passed on to consumers in the form of higher gasoline prices this summer but drivers will still find lower prices at the pump compared to what they paid last year. In its new monthly forecast, the U.S. Energy Information Administration said the retail price for regular-grade gasoline will average $2.27 per gallon this summer. That's 6 cents higher than previously forecast but still

  2. Table 42. Residual Fuel Oil Prices by PAD District and State

    Gasoline and Diesel Fuel Update (EIA)

    Information Administration Petroleum Marketing Annual 1995 245 Table 42. Residual Fuel Oil Prices by PAD District and State (Cents per Gallon Excluding Taxes) - Continued...

  3. Table 42. Residual Fuel Oil Prices by PAD District and State

    Annual Energy Outlook [U.S. Energy Information Administration (EIA)]

    Information AdministrationPetroleum Marketing Annual 1998 203 Table 42. Residual Fuel Oil Prices by PAD District and State (Cents per Gallon Excluding Taxes) - Continued...

  4. Economic Effects of High Oil Prices (released in AEO2006)

    Reports and Publications (EIA)

    2006-01-01

    The Annual Energy Outlook 2006 projections of future energy market conditions reflect the effects of oil prices on the macroeconomic variables that affect oil demand, in particular, and energy demand in general. The variables include real gross domestic product (GDP) growth, inflation, employment, exports and imports, and interest rates.

  5. Residential heating oil price virtually unchanged

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil price virtually unchanged The average retail price for home heating oil fell 1-tenth of a cent from a week ago to $2.13 per gallon. That's down 76 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $2.07 per gallon, down 2-tenths of a cent from last week, and down 78

  6. Residential heating oil prices virtually unchanged

    U.S. Energy Information Administration (EIA) Indexed Site

    9, 2014 Residential heating oil price decreases The average retail price for home heating oil fell 7.2 cents from a week ago to $4.12 per gallon. That's up 9.4 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to 4.07 per gallon, down 6.3 cents from last week, and up 9.4

  7. STEO January 2013 - world oil prices

    U.S. Energy Information Administration (EIA) Indexed Site

    Gap between U.S. and world oil prices to be cut by more than half over next two years The current wide price gap between a key U.S. and a world benchmark crude oil is expected to narrow significantly over the next two years. The spot price for U.S. benchmark West Texas Intermediate crude oil, also known as WTI , averaged $94 a barrel in 2012. That's $18 less than North Sea Brent oil, which is a global benchmark crude that had an average price of $112 last year. The new monthly forecast from the

  8. Domestic petroleum-product prices around the world. Survey: free market or government price controls

    SciTech Connect (OSTI)

    Not Available

    1983-01-27

    In this issue, Energy Detente draws from their regular Western and Eastern Hemisphere Fuel Price/Tax Series, each produced monthly, and adds other survey data and analysis for a broad view of 48 countries around the world. They find that seven Latin American nations, including OPEC members Venezuela and Ecuador, are among the ten countries with lowest gasoline prices. In this Fourth Special Price Report, Energy Detente provides a first-time presentation of which prices are government-controlled, and which are free to respond to market forces. South Korea, with fixed prices since 1964, has the highest premium-grade gasoline price in our survey, US $5.38 per gallon. Paraguay, with prices fixed by PETROPAR, the national oil company, has the second highest premium gasoline price, US $4.21 per gallon. Nicaragua, also with government price controls, ranks third highest in the survey, with US $3.38 per gallon for premium gasoline. Kuwait shows the lowest price at US $0.55 per gallon. Several price changes from the previous survey reflect changes in currency exchange as all prices are converted to US dollars. The Energy Detente fuel price/tax series is presented for Western Hemisphere countries.

  9. Lower crude oil prices to help push down gasoline pricesLower...

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    Lower crude oil prices to help push down gasoline prices Falling crude oil prices should lead to lower U.S. retail gasoline prices this year compared to last year. The U.S. Energy ...

  10. ,"Domestic Crude Oil First Purchase Prices by Area"

    U.S. Energy Information Administration (EIA) Indexed Site

    "Back to Contents","Data 1: Domestic Crude Oil First Purchase Prices by Area" ...0050063","F0050743" "Date","U.S. Crude Oil First Purchase Price (Dollars per ...

  11. Fact Sheet: Gas Prices and Oil Consumption Would Increase Without...

    Energy Savers [EERE]

    Gas Prices and Oil Consumption Would Increase Without Biofuels Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels Secretary of Energy Samuel W. Bodman and ...

  12. Natural Gas and Crude Oil Prices in AEO (released in AEO2009)

    Reports and Publications (EIA)

    2009-01-01

    If oil and natural gas were perfect substitutes in all markets where they are used, market forces would be expected to drive their delivered prices to near equality on an energy-equivalent basis. The price of West Texas Intermediate (WTI) crude oil generally is denominated in terms of barrels, where 1 barrel has an energy content of approximately 5.8 million Btu. The price of natural gas (at the Henry Hub), in contrast, generally is denominated in million Btu. Thus, if the market prices of the two fuels were equal on the basis of their energy contents, the ratio of the crude oil price (the spot price for WTI, or low-sulfur light, crude oil) to the natural gas price (the Henry Hub spot price) would be approximately 6.0. From 1990 through 2007, however, the ratio of natural gas prices to crude oil prices averaged 8.6; and in the Annual Energy Outlook 2009 projections from 2008 through 2030, it averages 7.7 in the low oil price case, 14.6 in the reference case, and 20.2 in the high oil price case.

  13. Factors Affecting the Relationship between Crude Oil and Natural Gas Prices (released in AEO2010)

    Reports and Publications (EIA)

    2010-01-01

    Over the 1995-2005 period, crude oil prices and U.S. natural gas prices tended to move together, which supported the conclusion that the markets for the two commodities were connected. Figure 26 illustrates the fairly stable ratio over that period between the price of low-sulfur light crude oil at Cushing, Oklahoma, and the price of natural gas at the Henry Hub on an energy-equivalent basis.

  14. Residential heating oil prices virtually unchanged

    U.S. Energy Information Administration (EIA) Indexed Site

    4 Residential heating oil prices virtually unchanged The average retail price for home heating oil rose 2-tenths of a cent from a week ago to $4.24 per gallon. That's up 8.2 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to 4.16 per gallon, down 1.7 cents from last week, and up 3.2 cents from a year ago. This is Marcela Rourk, with EIA, in Washington. For more information,

  15. Residential heating oil prices virtually unchanged

    U.S. Energy Information Administration (EIA) Indexed Site

    0, 2014 Residential heating oil price decreases The average retail price for home heating oil fell 1.9 cents from a week ago to $4.23 per gallon. That's up 5.1 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to 4.15 per gallon, down 8-tenths of a cent from last week, and up 1.5 cents from a year ago. This is Marcela Rourk, with EIA, in Washington. For more information, contact

  16. Residential heating oil prices virtually unchanged

    U.S. Energy Information Administration (EIA) Indexed Site

    5, 2014 Residential heating oil price decreases The average retail price for home heating oil fell 1.6 cents from a week ago to $4.23 per gallon. That's up 14.9 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to 4.15 per gallon, down 6-tenths of a cent from last week, and up 10.8

  17. Residential heating oil prices virtually unchanged

    U.S. Energy Information Administration (EIA) Indexed Site

    4 Residential heating oil price decreases The average retail price for home heating oil fell 3.1 cents from a week ago to $4.20 per gallon. That's up 13.6 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region fell to 4.14 per gallon, down 1.4 cents from last week, and up 11 cents from a year ago. This is Marcela Rourk, with EIA, in Washington. For more information, contact Marcela Rourk at

  18. Residential heating oil prices virtually unchanged

    U.S. Energy Information Administration (EIA) Indexed Site

    heating oil prices virtually unchanged The average retail price for home heating oil fell 4-tenths of a penny from a week ago to $3.95 per gallon. That's down 8-tenths of a penny from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region rose 3.92 per gallon, up 3-tenths of a cent from last week, and up 3 cents from a year ago

  19. Price changes in the gasoline market: Are Midwestern gasoline prices downward sticky?

    SciTech Connect (OSTI)

    1999-03-01

    This report examines a recurring question about gasoline markets: why, especially in times of high price volatility, do retail gasoline prices seem to rise quickly but fall back more slowly? Do gasoline prices actually rise faster than they fall, or does this just appear to be the case because people tend to pay more attention to prices when they`re rising? This question is more complex than it might appear to be initially, and it has been addressed by numerous analysts in government, academia and industry. The question is very important, because perceived problems with retail gasoline pricing have been used in arguments for government regulation of prices. The phenomenon of prices at different market levels tending to move differently relative to each other depending on direction is known as price asymmetry. This report summarizes the previous work on gasoline price asymmetry and provides a method for testing for asymmetry in a wide variety of situations. The major finding of this paper is that there is some amount of asymmetry and pattern asymmetry, especially at the retail level, in the Midwestern states that are the focus of the analysis. Nevertheless, both the amount asymmetry and pattern asymmetry are relatively small. In addition, much of the pattern asymmetry detected in this and previous studies could be a statistical artifact caused by the time lags between price changes at different points in the gasoline distribution system. In other words, retail gasoline prices do sometimes rise faster than they fall, but this is largely a lagged market response to an upward shock in the underlying wholesale gasoline or crude oil prices, followed by a return toward the previous baseline. After consistent time lags are factored out, most apparent asymmetry disappears.

  20. Residential heating oil prices decline

    Gasoline and Diesel Fuel Update (EIA)

    propane price increase slightly The average retail price for propane is 2.41 per gallon, up 1-tenth of a cent from last week, based on the residential heating fuel survey by the ...

  1. Market overview: Increase in uranium prices continues

    SciTech Connect (OSTI)

    1996-04-01

    Spot market activity totaled just over 200,000 lbs of U308 equivalent. The restricted uranium spot market price range increased from a high last month of $14.75/lb U308 to a low this month of $15.25/lb U308. There was also an increase in the unrestricted range this month with the upper end of the range increasing by $0.50/lb U308. The lower end of the spot conversion price range increased by R0.35/kg U while the upper end of the separative work price range increased by $2.00/SWU.

  2. Limit on Saudi Arabia's oil pricing policy: a short-run econometric-simulation model

    SciTech Connect (OSTI)

    Bagour, O.S.M.

    1985-01-01

    Absence of a unified OPEC policy is largely attributed to frequent Saudi Arabian pricing/production decisions to influence oil price changes. Such demonstrated ability in the past prompted many to attribute oil price current downward rigidity to Saudi Arabian unwillingness to increase production. Empirically, this study presents a simultaneous equations oil market model in a simulation setting to test this hypothesis and to predict future oil prices under specific assumptions. Major conclusions are: (1) contrary to popular belief the international oil industry rarely, if ever, operated competitively; (2) the sole association of oil price increases to the embargo of 1973 is an outright distortion of facts; (3) the roots of the so-called energy crisis lie in: (a) post-World War II West European reconstruction, (b) US industrial adjustments from a war to a consumer-oriented economy, (c) the continuously dwindling oil reserves in major industrial countries, and (d) the comparative advantage of location and cost-per-unit of the Middle Eastern oil; (4) barring further market institutionalizations, a per barrel price below $15 by the end of 1990 (in constant 1984 prices) is not unlikely; and (5) future Saudi Arabian pricing/production policies to exert downward pressures on prices could lead to price increases, if perceived to be permanent by the OPEC group excluding Saudi Arabia.

  3. Relationship Between Crude Oil and Natural Gas Prices, The

    Reports and Publications (EIA)

    2006-01-01

    This paper examines the time series econometric relationship between the Henry Hub natural gas price and the West Texas Intermediate (WTI) crude oil price.

  4. The Spanish gasoline market: From ceiling regulation to open market pricing

    SciTech Connect (OSTI)

    Contin, I.; Correlje, A.; Huerta, E.

    1999-07-01

    This paper examines the evolution of the Spanish gasoline market from the abolition of the state oil monopoly (January 1993) to complete liberalization (October 1998). With the restructuring of the Spanish oil sector during the 1980s and early 1990s, a highly concentrated oligopoly emerged in the automotive fuels market. A system of price ceilings replaced the state administered prices in July 1990. Since then, new domestic and foreign operators have entered the market, particularly along the coast, near import terminals. Prices went up and then declined. These developments can be explained by an interplay of factors such as: the gradual decline in co-operation among the Spanish firms; the loss of market share of the largest of these, Repsol; the entry of independent operators and supermarkets; and the impact of the ceiling price system. By mid-1998 this system was abolished as the government considered it an impediment to further market liberalization. However, some crucial barriers to the entry of new suppliers remain.

  5. Table 22. Domestic Crude Oil First Purchase Prices for Selected...

    U.S. Energy Information Administration (EIA) Indexed Site

    Form EIA-182, "Domestic Crude Oil First Purchase Report." 22. Domestic Crude Oil First Purchase Prices for Selected Crude Streams 44 Energy Information Administration ...

  6. Fact Sheet: Gas Prices and Oil Consumption Would Increase Without...

    Energy Savers [EERE]

    Gas Prices and Oil Consumption Would Increase Without Biofuels Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels June 11, 2008 - 1:30pm Addthis Secretary ...

  7. Petroleum Marketing Monthly

    U.S. Energy Information Administration (EIA) Indexed Site

    Crude oil prices U.S. Energy Information Administration | Petroleum Marketing Monthly 3 September 2016

  8. World oil price behavior during oil supply disruptions: what can we learn from the past

    SciTech Connect (OSTI)

    Birdsall, T.H.

    1980-08-01

    The purpose of this paper is to: (1) examine how world oil prices have behaved during past oil supply disruptions, (2) attempt to understand why world oil prices have behaved during disruptions as they have, and (3) see what history foretells, if anything, for the behavior of world oil prices during future oil supply disruptions.

  9. Carbon pricing, nuclear power and electricity markets

    SciTech Connect (OSTI)

    Cameron, R.; Keppler, J. H.

    2012-07-01

    In 2010, the NEA in conjunction with the International Energy Agency produced an analysis of the Projected Costs of Electricity for almost 200 power plants, covering nuclear, fossil fuel and renewable electricity generation. That analysis used lifetime costs to consider the merits of each technology. However, the lifetime cost analysis is less applicable in liberalised markets and does not look specifically at the viewpoint of the private investor. A follow-up NEA assessment of the competitiveness of nuclear energy against coal- and gas-fired generation under carbon pricing has considered just this question. The economic competition in electricity markets is today between nuclear energy and gas-fired power generation, with coal-fired power generation not being competitive as soon as even modest carbon pricing is introduced. Whether nuclear energy or natural gas comes out ahead in their competition depends on a number of assumptions, which, while all entirely reasonable, yield very different outcomes. The analysis in this study has been developed on the basis of daily data from European power markets over the last five-year period. Three different methodologies, a Profit Analysis looking at historic returns over the past five years, an Investment Analysis projecting the conditions of the past five years over the lifetime of plants and a Carbon Tax Analysis (differentiating the Investment Analysis for different carbon prices) look at the issue of competitiveness from different angles. They show that the competitiveness of nuclear energy depends on a number of variables which in different configurations determine whether electricity produced from nuclear power or from CCGTs generates higher profits for its investors. These are overnight costs, financing costs, gas prices, carbon prices, profit margins (or mark-ups), the amount of coal with carbon capture and electricity prices. This paper will present the outcomes of the analysis in the context of a liberalised

  10. Oil Market Assessment

    Reports and Publications (EIA)

    2001-01-01

    Based on Energy Information Administration (EIA) contacts and trade press reports, overall U.S. and global oil supplies appear to have been minimally impacted by yesterday's terrorist attacks on the World Trade Center and the Pentagon.

  11. May market review. [Spot market prices for uranium (1993)

    SciTech Connect (OSTI)

    Not Available

    1993-06-01

    Seven uranium transactions totalling nearly three million pounds equivalent U3O8 were reported during May, but only two, totalling less than 200 thousand pounds equivalent U3O8, involved concentrates. As no discretionary buying occurred during the month, and as near-term supply and demand were in relative balance, prices were steady, while both buyers and sellers appeared to be awaiting some new market development to signal the direction of future spot-market prices. The May 31, 1993, Exchange Value and the Restricted American market Penalty (RAMP) for concentrates were both unchanged at $7.10, and $2.95 per pound U3O8, respectively. NUEXCO's judgement was that transactions for significant quantities of uranium concentrates that were both deliverable in and intended for consumption in the USA could have been concluded on May 31 at $10.05 per pound U3O8. Two near-term concentrate transactions were reported in which one US utility purchased less than 200 thousand pounds equivalent U3O8 from two separate sellers. These sales occurred at price levels at or near the May 31 Exchange Value plus RAMP. No long-term uranium transactions were reported during May. Consequently, the UF6 Value decreased $0.20 to $24.30 per kgU as UF6, reflecting some weakening of the UF6 market outside the USA.

  12. Quantifying the Speculative Component in the Real Price of Oil: The Role of Global Inventories

    Gasoline and Diesel Fuel Update (EIA)

    Inside the Crystal Ball: New Approaches to Predicting the Gasoline Price at the Pump EIA Workshop on Financial and Physical Oil market Linkages September 29, 2015 / Washington, D.C. By Thomas K. Lee Office of Energy Markets and Financial Analysis Energy Information Administration Christiane Baumeister Lutz Kilian Thomas K. Lee Notre Dame University of Michigan U.S. EIA CEPR What Are the Existing Gasoline Price Forecasts? 2 * The U.S. Energy Information Administration (EIA) issues regular

  13. World Oil Prices in AEO2007 (released in AEO2007)

    Reports and Publications (EIA)

    2007-01-01

    Over the long term, the Annual Energy Outlook 2007 (AEO) projection for world oil prices -- defined as the average price of imported low-sulfur, light crude oil to U.S. refiners -- is similar to the AEO2006 projection. In the near term, however, AEO2007 projects prices that are $8 to $10 higher than those in AEO2006.

  14. U.S. gasoline price to continue falling through December on low oil prices

    U.S. Energy Information Administration (EIA) Indexed Site

    5 U.S. gasoline price to continue falling through December on low oil prices U.S. drivers will continue to see the effects of low crude oil prices as gasoline prices are expected to decline through the rest of this year. In its new forecast, the U.S. Energy Information Administration said the monthly retail price for regular-grade gasoline is expected to drop from a monthly average of $2.64 per gallon in August to $2.03 in December. The recent drop in the price of crude oil which currently

  15. World Oil Prices in AEO2006 (released in AEO2006)

    Reports and Publications (EIA)

    2006-01-01

    World oil prices in the Annual Energy Outlook 2006 (AEO) reference case are substantially higher than those in the AEO2005 reference case. In the AEO2006 reference case, world crude oil prices, in terms of the average price of imported low-sulfur, light crude oil to U.S. refiners, decline from current levels to about $47 per barrel (2004 dollars) in 2014, then rise to $54 per barrel in 2025 and $57 per barrel in 2030. The price in 2025 is approximately $21 per barrel higher than the corresponding price projection in the AEO2005 reference case.

  16. ,"Domestic Crude Oil First Purchase Prices by API Gravity"

    U.S. Energy Information Administration (EIA) Indexed Site

    API Gravity" ,"Click worksheet name or tab at bottom for data" ,"Worksheet ... Crude Oil First Purchase Prices by API Gravity",6,"Monthly","22016","10151993" ...

  17. Analysis of Price Volatility in Natural Gas Markets

    Reports and Publications (EIA)

    2007-01-01

    This article presents an analysis of price volatility in the spot natural gas market, with particular emphasis on the Henry Hub in Louisiana.

  18. Proceedings: 1996 EPRI conference on innovative approaches to electricity pricing: Managing the transition to market-based pricing

    SciTech Connect (OSTI)

    1996-03-01

    This report presents the proceedings from the EPRI conference on innovative approaches to electricity pricing. Topics discussed include: power transmission pricing; retail pricing; price risk management; new pricing paradigms; changes from cost-based to a market-based pricing scheme; ancillary services; retail market strategies; profitability; unbundling; and value added services. This is the leading abstract. Papers are processed separately for the databases.

  19. Price-elastic demand in deregulated electricity markets

    SciTech Connect (OSTI)

    Siddiqui, Afzal S.

    2003-05-01

    The degree to which any deregulated market functions efficiently often depends on the ability of market agents to respond quickly to fluctuating conditions. Many restructured electricity markets, however, experience high prices caused by supply shortages and little demand-side response. We examine the implications for market operations when a risk-averse retailer's end-use consumers are allowed to perceive real-time variations in the electricity spot price. Using a market-equilibrium model, we find that price elasticity both increases the retailers revenue risk exposure and decreases the spot price. Since the latter induces the retailer to reduce forward electricity purchases, while the former has the opposite effect, the overall impact of price responsive demand on the relative magnitudes of its risk exposure and end-user price elasticity. Nevertheless, price elasticity decreases cumulative electricity consumption. By extending the analysis to allow for early settlement of demand, we find that forward stage end-user price responsiveness decreases the electricity forward price relative to the case with price-elastic demand only in real time. Moreover, we find that only if forward stage end-user demand is price elastic will the equilibrium electricity forward price be reduced.

  20. Markets during world oil supply crises: an analysis of industry, consumer, and governmental response

    SciTech Connect (OSTI)

    Erfle, Stephen; Pound, John; Kalt, Joseph

    1981-04-01

    An analysis of the response of American markets to supply crises in world oil markets is presented. It addresses four main issues: the efficiency of the operation of American oil markets during oil supply crises; the problems of both economic efficiency and social equity which arise during the American adaptation process; the propriety of the Federal government's past policy responses to these problems; and the relationship between perceptions of the problems caused by world oil crises and the real economic natures of these problems. Specifically, Chapter 1 presents a theoretical discussion of the effects of a world supply disruption on the price level and supply availability of the world market oil to any consuming country including the US Chapter 2 provides a theoretical and empirical analysis of the efficiency of the adaptations of US oil product markets to higher world oil prices. Chapter 3 examines the responses of various groups of US oil firms to the alterations observed in world markets, while Chapter 4 presents a theoretical explanation for the price-lagging behavior exhibited by firms in the US oil industry. Chapter 5 addresses the nature of both real and imagined oil market problems in the US during periods of world oil market transition. (MCW)

  1. March market review. [Spot market prices for uranium (1993)

    SciTech Connect (OSTI)

    Not Available

    1993-04-01

    The spot market price for uranium in unrestricted markets weakened further during March, and at month end, the NUEXCO Exchange Value had fallen $0.15, to $7.45 per pound U3O8. The Restricted American Market Penalty (RAMP) for concentrates increased $0.15, to $2.55 per pound U3O8. Ample UF6 supplies and limited demand led to a $0.50 decrease in the UF6 Value, to $25.00 per kgU as UF6, while the RAMP for UF6 increased $0.75, to $5.25 per kgU. Nine near-term uranium transactions were reported, totalling almost 3.3 million pounds equivalent U3O8. This is the largest monthly spot market volume since October 1992, and is double the volume reported in January and February. The March 31 Conversion Value was $4.25 per kgU as UF6. Beginning with the March 31 Value, NUEXCO now reports its Conversion Value in US dollars per kilogram of uranium (US$/kgU), reflecting current industry practice. The March loan market was inactive with no transactions reported. The Loan Rate remained unchanged at 3.0 percent per annum. Low demand and increased competition among sellers led to a one-dollar decrease in the SWU Value, to $65 per SWU, and the RAMP for SWU declined one dollar, to $9 per SWU.

  2. Improved oil refinery operations and cheaper crude oil to help reduce gasoline prices

    U.S. Energy Information Administration (EIA) Indexed Site

    Improved oil refinery operations and cheaper crude oil to help reduce gasoline prices U.S. gasoline prices are expected to fall as more oil refineries come back on line and crude oil prices decline. In its new monthly forecast, the U.S. Energy Information Administration expects pump prices will average $3.38 a gallon during the second half of this year. That's down from the current weekly price of $3.50. A recovery in oil refinery fuel production, particularly from facilities that were temporary

  3. April market review. [Spot market prices for uranium (1993)

    SciTech Connect (OSTI)

    Not Available

    1993-05-01

    The spot market price for uranium outside the USA weakened further during April, and at month end, the NUEXCO Exchange Value had fallen $0.35, to $7.10 per pound U3O8. This is the lowest Exchange Value observed in nearly twenty years, comparable to Values recorded during the low price levels of the early 1970s. The Restricted American Market Penalty (RAMP) for concentrates increased $0.40, to $2.95 per pound U3O8. Transactions for significant quantities of uranium concentrates that are both deliverable in and intended for consumption in the USA could have been concluded on April 30 at $10.05 per pound U3O8, up $0.05 from the sum of corresponding March Values. Four near-term concentrates transactions were reported, totalling nearly 1.5 million pounds equivalent U3O8. One long-term sale was reported. The UF6 Value also declined, as increased competition among sellers led to a $0.50 decrease, to $24.50 per kgU as UF6. However, the RAMP for UF6 increased $0.65, to $5.90 per kgU as UF6, reflecting an effective US market level of $30.40 per kgU. Two near term transactions were reported totalling approximately 1.1 million pounds equivalent U3O8. In total, eight uranium transactions totalling 28 million pounds equivalent U3O8 were reported, which is about average for April market activity.

  4. Notes from Financial and Physical Oil Market Linkages

    Gasoline and Diesel Fuel Update (EIA)

    Notes from Financial and Physical Oil Market Linkages August 24, 2011 Session 1: 9:30 a.m. - 11:00 a.m. Paper Title: Does 'Paper Oil' Matter? Presenter: Michel Robe, American University Discussant: James Smith, Southern Methodist University Paper Abstract We construct a uniquely detailed, comprehensive dataset of trader positions in U.S. energy futures markets. We find considerable changes in the make-up of the open interest between 2000 and 2010 and show that these changes impact asset pricing.

  5. The Oil Market: From Boom to Gloom

    U.S. Energy Information Administration (EIA) Indexed Site

    Reserve Bank of Dallas From Boom to Gloom: Energy States After the Oil Bust Mine Yücel Senior Vice President and Director of Research Federal Reserve Bank of Dallas July 12, 2016 Federal Reserve Bank of Dallas *Natural gas price is multiplied by ten. Oil is priced in $/barrel, while natural gas is priced in $/million British thermal units. Last data points are for the week ending June 24, 2016. 0 20 40 60 80 100 120 140 160 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 Nominal price, weekly

  6. Price convergence in North America natural gas spot markets

    SciTech Connect (OSTI)

    King, M.; Cuc, M.

    1996-12-01

    Government policy changes and subsequent regulatory actions in Canada and the United States (US) in the mid-1980s led to effective deregulation of the commodity market for natural gas. This was done by price deregulation, unbundling of pipeline services, and the fostering of a competitive market through equal and open access to pipeline transportation capacity by all suppliers and users. This paper attempts to measure the degree of price convergence in the North American natural gas spot markets. 38 refs.

  7. Energy & Financial Markets: What drives petroleum product prices - Energy

    U.S. Energy Information Administration (EIA) Indexed Site

    Information Administration Petprod - U.S. Energy Information Administration (EIA) U.S. Energy Information Administration - EIA - Independent Statistics and Analysis Sources & Uses Petroleum & Other Liquids Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. Natural Gas Exploration and reserves, storage, imports and exports, production, prices, sales. Electricity Sales, revenue and prices, power plants, fuel use, stocks,

  8. The oil price and non-OPEC supplies

    SciTech Connect (OSTI)

    Seymour, A.

    1991-01-01

    The design of any effective oil pricing policy by producers depends on a knowledge of the nature and complexity of supply responses. This book examines the development of non-OPEX oil reserves on a field-by-filed basis to determine how much of the increase in non-OPEC production could be attributable to the price shocks and how much was unambiguously due to decisions and developments that preceded the price shocks. Results are presented in eighteen case-studies of non-OPEC producers. This study will be of interest to economists and planners specializing in the upstream and to policy makers both in oil producing and consuming countries.

  9. LNG markets: Implications of a low energy price environment for demand and U.S. exports … An exporters perspective

    U.S. Energy Information Administration (EIA) Indexed Site

    LNG MARKETS IMPLICATIONS OF A LOW ENERGY PRICE ENVIRONMENT FOR DEMAND AND U.S. EXPORTS - AN EXPORTER'S PERSPECTIVE ERNIE MEGGINSON PRESIDENT U.S. EIA Energy Conference 11-12 July 2016 Washington, D.C. EIA ENERGY CONFERENCE, WASHINGTON DC 11-12 JULY 2016 1 Source: Wood Mackenzie SIGNIFICANT PRICE CHALLENGES FOR USA LNG IN WORLD MARKETS Arbitrage opportunities in both Asia and Europe markets have been negatively affected by the collapse of oil prices. Oil price recovery is anticipated but timing

  10. Identifying the Oil Price-Macroeconomy Relationship: An Empirical Mode Decomposition Analysis of U.S. Data

    SciTech Connect (OSTI)

    Oladosu, Gbadebo A

    2009-01-01

    This work applies the empirical mode decomposition (EMD) method to data on real quarterly oil price (West Texas Intermediate - WTI) and U.S. gross domestic product (GDP). This relatively new method is adaptive and capable of handling non-linear and non-stationary data. Correlation analysis of the decomposition results was performed and examined for insights into the oil-macroeconomy relationship. Several components of this relationship were identified. However, the principal one is that the medium-run cyclical component of the oil price exerts a negative and exogenous influence on the main cyclical component of the GDP. This can be interpreted as the supply-driven or supply-shock component of the oil price-GDP relationship. In addition, weak correlations suggesting a lagging demand-driven, an expectations-driven, and a long-run supply-driven component of the relationship were also identified. Comparisons of these findings with significant oil supply disruption and recession dates were supportive. The study identified a number of lessons applicable to recent oil market events, including the eventuality of persistent economic and price declines following a long oil price run-up. In addition, it was found that oil-market related exogenous events are associated with short- to medium-run price implications regardless of whether they lead to actual supply disruptions.

  11. Forecasting Crude Oil Spot Price Using OECD Petroleum Inventory Levels

    Reports and Publications (EIA)

    2003-01-01

    This paper presents a short-term monthly forecasting model of West Texas Intermediate crude oil spot price using Organization for Economic Cooperation and Development (OECD) petroleum inventory levels.

  12. Table 22. Domestic Crude Oil First Purchase Prices for Selected...

    U.S. Energy Information Administration (EIA) Indexed Site

    data. Source: Energy Information Administration, Form EIA-182, "Domestic Crude Oil First Purchase Report." 44 Energy Information AdministrationPetroleum Marketing Annual...

  13. Table 22. Domestic Crude Oil First Purchase Prices for Selected...

    U.S. Energy Information Administration (EIA) Indexed Site

    data. Source: Energy Information Administration, Form EIA-182, "Domestic Crude Oil First Purchase Report." 44 Energy Information Administration Petroleum Marketing Annual...

  14. Timeline: A Brief History of Oil Prices and Vehicle Technologies

    Office of Energy Efficiency and Renewable Energy (EERE)

    Benjamin Franklin once expressed that there are only two things you can count on in life: death and taxes. Transportation analysts might add a third item to that list – fluctuating gas prices. Our interactive timeline illustrates when and why oil prices have fluctuated over the last 40 years, and explains how the Energy Department has worked to minimize our country’s vulnerability to these price swings.

  15. 2013 Propane Market Outlook

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    domestic propane prices will not fully delink from oil prices, and competition against electricity and natural gas in traditional propane markets will remain very challenging....

  16. Unbundling the electric capacity price in a deregulated commodity market

    SciTech Connect (OSTI)

    Rose, J.; Mann, C.

    1995-12-01

    In a deregulated, unbundled market, capacity has value separate from energy. The exact price will reflect the cost of a gas-fired combustion turbine. Energy values alone will not suffice to estimate the firm price for electric power. The lack of quotable, unbundled capacity prices creates uncertainty, especially given the direction taken by the Federal Energy Regulatory Commission in its March 1995 Notice of Proposed Rulemaking on stranded investment and open-access electric transmission. What conclusions can be drawn from the current regime that might paint a picture of tomorrow`s market?

  17. Pricing local distribution services in a competitive market

    SciTech Connect (OSTI)

    Duann, D.J.

    1995-12-01

    Unbundling and restructuring of local distribution services is the focus of the natural gas industry. As a result of regulatory reforms, a competitive local distribution market has emerged, and the validity of traditional cost-based regulation is being questioned. One alternative is to completely unbundle local distribution services and transform the local distribution company into a common carrier for intrastate transportation services. Three kinds of alternative pricing mechanisms are examined. For firm intrastate transportation services, cost-based pricing is the preferred method unless it can be shown that a competitive secondary market can be established and maintained. Pricing interruptible transportation capacity is discussed.

  18. The commanding heights of oil: Control over the International oil market

    SciTech Connect (OSTI)

    Krapels, E.N.

    1992-01-01

    The Commanding Heights of Oil is an analysis of oil's role in the international environment. It identifies the degree of control over oil in terms of what is asserted as the most important processes and factors that determine the condition of international affairs: (1) The state of oil demand in relation to the capacity to supply, with special emphasis on the amount of spare production capacity; (2) The nature of the business, and how the structure of the industry changes over time as companies cope with the risks peculiar to an extremely capital intensive enterprise; (3) The financial strength of the parties contending for control, including their ability to outlast their opponents in contests for influence over oil affairs; and (4) The nature of the mechanisms whereby the governments and companies strive to create a situation in which they do not have to rely on price to balance supply and demand. Each of the four central factors was prominent at every major turn of the international oil market over the decades. The dissertation argues that the international oil market was controlled in the past by first a group of companies, and, later, a group of countries, for a combination of reasons that is unlikely to be repeated. That does not mean that the 1990s will be spared oil price shocks such as occurred in the 1970s and 1980s. It does suggest that those shocks are unlikely to last long, that OPEC members are unlikely to be able to leverage their position in oil into larger positions in world affairs. It means that oil is unlikely to play as prominent a role in world affairs in the 1990s as it has in the past, even if oil demand, and along with it dependence on OPEC oil, rises.

  19. Investor Flows and the 2008 Boom/Bust in Oil Prices

    Gasoline and Diesel Fuel Update (EIA)

    Introduction Investor Flows and Speculation New Evidence on Investor Flows and Oil Prices References Investor Flows and the 2008 Boom/Bust in Oil Prices Kenneth J. Singleton Graduate School of Business Stanford University August, 2011 Introduction Investor Flows and Speculation New Evidence on Investor Flows and Oil Prices References Investor Flows, Speculation, and Oil Prices The role of speculation (broadly construed) in the dramatic rise and subsequent sharp decline in oil prices during 2008?

  20. Crude Oil and Gasoline Price Monitoring

    U.S. Energy Information Administration (EIA) Indexed Site

    Petroleum Product Price Formation September 7, 2016 | Washington, DC An analysis of the factors that influence product prices, with chart data updated monthly, quarterly and annually Gasoline spot prices 2 Sources: U.S. Energy Information Administration, Bloomberg L.P. September 7, 2016 dollars per gallon Chicago CBOB New York Harbor Conventional gasoline Gulf Coast Conventional gasoline Los Angeles CARBOB Northwest Europe gasoline Singapore gasoline 2002 2003 2004 2005 2006 2007 2008 2009 2010

  1. Low oil prices cut less into U.S. oil production

    U.S. Energy Information Administration (EIA) Indexed Site

    Low oil prices cut less into U.S. oil production U.S. crude oil production has been more resilient to lower oil prices since mid-2014 than many had expected. In its new forecast, the U.S. Energy Information Administration estimates domestic oil production averaged 9.6 million barrels per day in May the highest monthly output since 1972 despite a 60% drop in the number of rigs drilling for oil since last October. Output is up because producers are completing wells already drilled and those wells

  2. DOE/EIA-0487(98) Petroleum Marketing Annual

    U.S. Energy Information Administration (EIA) Indexed Site

    purchases of crude oil and sales of petroleum products are presented in the Petroleum Marketing Annual in five sections: * Summary Statistics * Crude Oil Prices * Prices of...

  3. Update: US oil-import market. 1982 top 7 suppliers to US import market: how their shares changed since 1973

    SciTech Connect (OSTI)

    Not Available

    1983-03-09

    This issue updates the Energy Detente 7/09/82, which tracked US oil imports since the Arab Oil Embargo. Since then, the phrase oil glut became common even among cautious market analysts as many exporters, hard-pressed for petrodollars, produced much more than the market was prepared to absorb. To examine how the US import market has adjusted to this continued buyers market, the top seven suppliers of 1982 are tracked backwards through time. A graph shows the 1982 reversal of Mexico's and Saudi Arabia's positions in this market. The three main reasons for Mexico's strong present position in the US market are: crude costs and corresponding refined value; proximity to US refining centers; and strategic importance of Mexico's economic stability through oil sales. Interviews with various US refiners and other market observers confirm that these elements will persist during 1983, regardless of significant price cuts among OPEC and other producers. It is believed that the profitability of running heavy Maya crude in sophisticated plants will continue to look optimistic, and that Mexican crude sales to the Strategic Petroleum Reserve implies US government interest in Mexico's economic recovery, and in its stability in the light of civil wars being waged in Central America. This issue presents the Energy Detente (1) fuel price/tax series and (2) industrial fuel prices for March 1983 for countries of the Eastern Hemisphere. 6 figures, 8 tables.

  4. Oil Shale Market | OpenEI Community

    Open Energy Info (EERE)

    Discussions Polls Q & A Events Notices My stuff Energy blogs Login | Sign Up Search Oil Shale Market Home There are currently no posts in this category. Syndicate content About...

  5. Lower oil prices also cutting winter heating oil and propane...

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    see even lower natural gas and heating oil bills this winter than previously expected ... said the average household heating with oil will experience a 41% drop in heating oil ...

  6. Green Pricing Program Marketing Expenditures: Finding the Right Balance

    SciTech Connect (OSTI)

    Friedman, B.; Miller, M.

    2009-09-01

    In practice, it is difficult to determine the optimal amount to spend on marketing and administering a green pricing program. Budgets for marketing and administration of green pricing programs are a function of several factors: the region of the country; the size of the utility service area; the customer base and media markets encompassed within that service area; the point or stage in the lifespan of the program; and certainly, not least, the utility's commitment to and goals for the program. All of these factors vary significantly among programs. This report presents data on programs that have funded both marketing and program administration. The National Renewable Energy Laboratory (NREL) gathers the data annually from utility green pricing program managers. Programs reporting data to NREL spent a median of 18.8% of program revenues on marketing their programs in 2008 and 16.6% in 2007. The smallest utilities (those with less than 25,000 in their eligible customer base) spent 49% of revenues on marketing, significantly more than the overall median. This report addresses the role of renewable energy credit (REC) marketers and start-up costs--and the role of marketing, generally, in achieving program objectives, including expansion of renewable energy.

  7. Lower oil prices also cutting winter heating oil and propane bills

    U.S. Energy Information Administration (EIA) Indexed Site

    Lower oil prices also cutting winter heating oil and propane bills Lower oil prices are not only driving down gasoline costs, but U.S. consumers will also see a bigger savings in their heating oil and propane bills this winter. In its new short-term forecast, the U.S. Energy Information Administration said households that use heating oil most of which are located in the Northeast will pay on average $1,779 this winter. That's 25% less or a savings of nearly $600 compared with last winter. The

  8. Experiences with energy prices in a deregulated market

    SciTech Connect (OSTI)

    Rebellon, P.

    1999-11-01

    The energy market was deregulated in Colombia back in 1994. Since then, an increasing share of energy has been traded at prices dictated essentially by market considerations, not always coherent with sound technical and commercial practices. This paper is based on the author`s experiences with the negotiation of a number of contracts for energy purchase between 1994 and 1997. It starts with a brief presentation of the Colombian power system, the key players and the structure of energy prices before the market was deregulated. An overview of the conditions that led to power shortages in 1992 is included. The document continues with the description of the operation of the Colombian deregulated energy market, as well as the available contracts and energy transactions. Then, the evolution of the energy bid prices submitted by different generating companies during the period 1994--1997 is developed in detail. The final part of the paper discusses the effects of the energy prices in the operation of the system; the financial impact for IPPs; the economic signals given to the market; and the overall performance of the national power system.

  9. Estimating Price Elasticity using Market-Level Appliance Data

    SciTech Connect (OSTI)

    Fujita, K. Sydny

    2015-08-04

    This report provides and update to and expansion upon our 2008 LBNL report “An Analysis of the Price Elasticity of Demand for Appliances,” in which we estimated an average relative price elasticity of -0.34 for major household appliances (Dale and Fujita 2008). Consumer responsiveness to price change is a key component of energy efficiency policy analysis; these policies influence consumer purchases through price both explicitly and implicitly. However, few studies address appliance demand elasticity in the U.S. market and public data sources are generally insufficient for rigorous estimation. Therefore, analysts have relied on a small set of outdated papers focused on limited appliance types, assuming long-term elasticities estimated for other durables (e.g., vehicles) decades ago are applicable to current and future appliance purchasing behavior. We aim to partially rectify this problem in the context of appliance efficiency standards by revisiting our previous analysis, utilizing data released over the last ten years and identifying additional estimates of durable goods price elasticities in the literature. Reviewing the literature, we find the following ranges of market-level price elasticities: -0.14 to -0.42 for appliances; -0.30 to -1.28 for automobiles; -0.47 to -2.55 for other durable goods. Brand price elasticities are substantially higher for these product groups, with most estimates -2.0 or more elastic. Using market-level shipments, sales value, and efficiency level data for 1989-2009, we run various iterations of a log-log regression model, arriving at a recommended range of short run appliance price elasticity between -0.4 and -0.5, with a default value of -0.45.

  10. Oil market outlook and drivers

    Gasoline and Diesel Fuel Update (EIA)

    Oil inventories in industrialized countries to reach record high at end of 2015 The amount of year-end oil inventories held in industrialized countries is expected to be the highest on record in 2015. In its monthly forecast, the U.S. Energy Information Administration said it expects commercial oil inventories in the United States and other industrialized countries to total 2.83 billion barrels at the end of this year almost 90 million barrels more than at the end of 2014. Global oil production

  11. Do financial investors destabilize the oil price?

    Gasoline and Diesel Fuel Update (EIA)

    and Commercial Consumers by Local Distributio Area: District of Columbia Florida Georgia Maryland Michigan New Jersey New York Ohio Pennsylvania Virginia Period: Monthly Annual Download Series History Download Series History Definitions, Sources & Notes Definitions, Sources & Notes Show Data By: Data Series Area 2010 2011 2012 2013 2014 2015 View History Residential Average Price 13.53 13.06 12.10 12.45 13.05 12.52 1980-2015 Commercial Average Price 12.26 12.24 11.19 11.64 12.18

  12. Investor Flows and the 2008 Boom/Bust in Oil Prices

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    Investor Flows and Speculation New Evidence on Investor Flows and Oil Prices References Investor Flows and the 2008 BoomBust in Oil Prices Kenneth J. Singleton Graduate School of ...

  13. EIA: High Oil Prices, GHG Controls Would Help Clean Energy Grow...

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    EIA: High Oil Prices, GHG Controls Would Help Clean Energy Grow EIA: High Oil Prices, GHG Controls Would Help Clean Energy Grow April 1, 2009 - 11:35am Addthis The growth of...

  14. A market-based proposal for transmission pricing

    SciTech Connect (OSTI)

    Tabors, R.

    1996-11-01

    FERC has suggested that a capacity reservation tariff system might replace the current pro forma tariffs of Order 888. Use of periodic multi-round auctions, in conjunction with transmission zones and inter-zonal transfer capabilities and an active secondary market, could assure fair and open access and minimize regulatory oversight. This article describes a system for trading in transmission capacity at market-based prices. The proposed system should offer unbundled transmission on a nondiscriminatory open-access basis, consistent with the Federal Energy Regulatory Commission`s Order No. 888. It is also intended to offer that service to all transmission users on the same basis as proposed in the Commission`s pending rulemaking proposal on capacity reservation tariffs (CRTs) in Docket No. RM96-11-000. There are seven primary criteria by which this proposal should be judged. (1) Does the transmission service offered comply with operational unbundling of transmission service and non-discriminatory open access to transmission service? (2) Does the system`s operation produce reliability levels as high as or higher than those that exist today? (3) Does it produce transmission products or services that are discrete from other products or services such that each can be sold independently or be repackaged to constitute a different product or service? (4) Does the system maximize reliance on competitive market forces to set prices for transmission products and services? (5) Are the prices for these products and services known with certainty in advance by their purchasers? (6) Does the system`s pricing mechanism confer flexibility on customers in choosing how to manage price and reliability risks? (7) Does the system accommodate a liquid and flexible secondary market in transmission capacity? The credibility of the proposed restructure or pricing system should require a {open_quotes}yes{close_quotes} answer to each of these seven questions.

  15. Accelerated Depletion: Assessing Its Impacts on Domestic Oil and Natural Gas Prices and Production

    Reports and Publications (EIA)

    2000-01-01

    Analysis of the potential impacts of accelerated depletion on domestic oil and natural gas prices and production.

  16. ,"Domestic Crude Oil First Purchase Prices by Area"

    U.S. Energy Information Administration (EIA) Indexed Site

    ... Offshore California Crude Oil First Purchase Price (Dollars per Barrel)" 27044,6.95 27075,6.87 27103,6.77 27134,6.77 27164,6.87 27195,6.85 27225,6.8 27256,6.71 27287,6.7 ...

  17. Prices dip, activity increases in unrestricted uranium market. [Uranium market overview

    SciTech Connect (OSTI)

    Not Available

    1993-05-01

    April's activity in the restricted uranium market fluctuated in the same range as that observed in March. At the same time, NUKEM detects a weakening of prices in the unrestricted market to $7.45-$7.65. Unrestricted buyers seem to have detected lower prices as well; much of the new demand noted this month emerged in the unrestricted segment of the market. With this issue, NUKEM inaugurates a new market statistic. To better follow developments in the conversion market, we will report a spot price range for conversion services. This price measure will be derived in a manner analogous to NUKEM's other spot market price ranges. We will continue to publish the current NUKEM price range for new contracts for a few months. If you wish to retain the old conversion contract price range in future editions, please contact our US office. Four deals for near term delivery occurred in the uranium market in April, resulting in spot market transaction volume of 2.5 million lbs U3O8 equivalent. In the first week, a US non-utility purchased a small quantity of enriched uranium product from an intermediary in a spot transaction representing about 75,000 lbs U3O8. The second week saw the stealthy purchase of Portland General Electric's inventory of natural and enriched uranium. The buyer of PGE's 1.1 million lbs U3O8 equivalent has achieved an unusual degree of anonymity. Also during the second week, a US utility bought a small quantity of enriched uranium containing less than 25,000 lbs natural U3O8 equivalent.

  18. Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    | Department of Energy Gas Prices and Oil Consumption Would Increase Without Biofuels Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels Secretary of Energy Samuel W. Bodman and Secretary of Agriculture Edward T. Schafer sent a letter on June 11, 2008 to Senator Jeff Bingaman addressing a number of questions related to biofuels, food, and gasoline and diesel prices. This is a fact sheet on how biofuels are reducing America's dependence on oil. Fact Sheet: Gas Prices

  19. The social costs to the US of monopolization of the world oil market, 1972--1991

    SciTech Connect (OSTI)

    Greene, D.L.; Leiby, P.N.

    1993-03-01

    The partial monopolization of the world oil market by the OPEC cartel has produced significant economic costs to the economies of the world. This paper reports estimates of the costs of monopolization of oil to the US over the period 1972--1991. Two fundamental assumptions of the analysis are, (1) that OPEC has acted as a monopoly, albeit with limited control, knowledge, and ability to act and, (2) that the US and other consuming nations could, through collective (social) action affect the cartel's ability to act as a monopoly. We measure total costs by comparing actual costs for the 1972--1991 period to a hypothetical more competitive'' world oil market scenario. By measuring past costs we avoid the enormous uncertainties about the future course of the world oil market and leave to the reader's judgment the issue of how much the future will be like the past. We note that total cost numbers cannot be used to determine the value of reducing US oil use by one barrel. They are useful for describing the overall size of the petroleum problem and are one important factor in deciding how much effort should be devoted to solving it. Monopoly pricing of oil transfers wealth from US oil consumers to foreign oil producers and, by increasing theeconomic scarcity of oil, reduces the economy's potential to produce. The actions of the OPEC cartel have also produced oil price shocks, both upward and downward, that generate additional costs because of the economy's inherent inability to adjust quickly to a large change in energy prices. Estimated total costs to the United States from these three sources for the 1972--1991 period are put at $4.1 trillion in 1990$($1.2 T wealth transfer, $0.8 T macroeconomic adjustment costs, $2.1 T potential GNP losses). The cost of the US's primary oil supply contingency program is small ($10 B) by comparison.

  20. The social costs to the US of monopolization of the world oil market, 1972--1991

    SciTech Connect (OSTI)

    Greene, D.L.; Leiby, P.N.

    1993-03-01

    The partial monopolization of the world oil market by the OPEC cartel has produced significant economic costs to the economies of the world. This paper reports estimates of the costs of monopolization of oil to the US over the period 1972--1991. Two fundamental assumptions of the analysis are, (1) that OPEC has acted as a monopoly, albeit with limited control, knowledge, and ability to act and, (2) that the US and other consuming nations could, through collective (social) action affect the cartel`s ability to act as a monopoly. We measure total costs by comparing actual costs for the 1972--1991 period to a hypothetical ``more competitive`` world oil market scenario. By measuring past costs we avoid the enormous uncertainties about the future course of the world oil market and leave to the reader`s judgment the issue of how much the future will be like the past. We note that total cost numbers cannot be used to determine the value of reducing US oil use by one barrel. They are useful for describing the overall size of the petroleum problem and are one important factor in deciding how much effort should be devoted to solving it. Monopoly pricing of oil transfers wealth from US oil consumers to foreign oil producers and, by increasing theeconomic scarcity of oil, reduces the economy`s potential to produce. The actions of the OPEC cartel have also produced oil price shocks, both upward and downward, that generate additional costs because of the economy`s inherent inability to adjust quickly to a large change in energy prices. Estimated total costs to the United States from these three sources for the 1972--1991 period are put at $4.1 trillion in 1990$($1.2 T wealth transfer, $0.8 T macroeconomic adjustment costs, $2.1 T potential GNP losses). The cost of the US`s primary oil supply contingency program is small ($10 B) by comparison.

  1. Short-Term Energy Outlook Model Documentation: Regional Residential Heating Oil Price Model

    Reports and Publications (EIA)

    2009-01-01

    The regional residential heating oil price module of the Short-Term Energy Outlook (STEO) model is designed to provide residential retail price forecasts for the 4 census regions: Northeast, South, Midwest, and West.

  2. 2007 Wholesale Power Rate Case Final Proposal : Market Price Forecast Study.

    SciTech Connect (OSTI)

    United States. Bonneville Power Administration.

    2006-07-01

    This study presents BPA's market price forecasts for the Final Proposal, which are based on AURORA modeling. AURORA calculates the variable cost of the marginal resource in a competitively priced energy market. In competitive market pricing, the marginal cost of production is equivalent to the market-clearing price. Market-clearing prices are important factors for informing BPA's power rates. AURORA was used as the primary tool for (a) estimating the forward price for the IOU REP Settlement benefits calculation for fiscal years (FY) 2008 and 2009, (b) estimating the uncertainty surrounding DSI payments and IOU REP Settlements benefits, (c) informing the secondary revenue forecast and (d) providing a price input used for the risk analysis. For information about the calculation of the secondary revenues, uncertainty regarding the IOU REP Settlement benefits and DSI payment uncertainty, and the risk run, see Risk Analysis Study WP-07-FS-BPA-04.

  3. Natural Gas Citygate Price

    U.S. Energy Information Administration (EIA) Indexed Site

    Citygate Price Residential Price Commercial Price Industrial Price Electric Power Price Gross Withdrawals Gross Withdrawals From Gas Wells Gross Withdrawals From Oil Wells Gross Withdrawals From Shale Gas Wells Gross Withdrawals From Coalbed Wells Repressuring Nonhydrocarbon Gases Removed Vented and Flared Marketed Production NGPL Production, Gaseous Equivalent Dry Production Imports By Pipeline LNG Imports Exports Exports By Pipeline LNG Exports Underground Storage Capacity Gas in Underground

  4. Natural Gas Industrial Price

    U.S. Energy Information Administration (EIA) Indexed Site

    Citygate Price Residential Price Commercial Price Industrial Price Electric Power Price Gross Withdrawals Gross Withdrawals From Gas Wells Gross Withdrawals From Oil Wells Gross Withdrawals From Shale Gas Wells Gross Withdrawals From Coalbed Wells Repressuring Nonhydrocarbon Gases Removed Vented and Flared Marketed Production NGPL Production, Gaseous Equivalent Dry Production Imports By Pipeline LNG Imports Exports Exports By Pipeline LNG Exports Underground Storage Capacity Gas in Underground

  5. Average Commercial Price

    U.S. Energy Information Administration (EIA) Indexed Site

    Citygate Price Residential Price Commercial Price Industrial Price Electric Power Price Gross Withdrawals Gross Withdrawals From Gas Wells Gross Withdrawals From Oil Wells Gross Withdrawals From Shale Gas Wells Gross Withdrawals From Coalbed Wells Repressuring Nonhydrocarbon Gases Removed Vented and Flared Marketed Production NGPL Production, Gaseous Equivalent Dry Production Imports By Pipeline LNG Imports Exports Exports By Pipeline LNG Exports Underground Storage Capacity Gas in Underground

  6. Average Residential Price

    U.S. Energy Information Administration (EIA) Indexed Site

    Citygate Price Residential Price Commercial Price Industrial Price Electric Power Price Gross Withdrawals Gross Withdrawals From Gas Wells Gross Withdrawals From Oil Wells Gross Withdrawals From Shale Gas Wells Gross Withdrawals From Coalbed Wells Repressuring Nonhydrocarbon Gases Removed Vented and Flared Marketed Production NGPL Production, Gaseous Equivalent Dry Production Imports By Pipeline LNG Imports Exports Exports By Pipeline LNG Exports Underground Storage Capacity Gas in Underground

  7. Spot Prices for Crude Oil and Petroleum Products

    U.S. Energy Information Administration (EIA) Indexed Site

    Spot Prices (Crude Oil in Dollars per Barrel, Products in Dollars per Gallon) Period: Daily Weekly Monthly Annual Download Series History Download Series History Definitions, Sources & Notes Definitions, Sources & Notes Product by Area 08/30/16 08/31/16 09/01/16 09/02/16 09/05/16 09/06/16 View History Crude Oil WTI - Cushing, Oklahoma 46.32 44.68 43.17 44.39 44.39 44.85 1986-2016 Brent - Europe 47.94 47.94 45.05 45.96 46.72 46.21 1987-2016 Conventional Gasoline New York Harbor, Regular

  8. Japan's Solar Photovoltaic (PV) Market: An Analysis of Residential System Prices (Presentation)

    SciTech Connect (OSTI)

    James, T.

    2014-03-01

    This presentation summarizes market and policy factors influencing residential solar photovoltaic system prices in Japan, and compares these factors to related developments in the United States.

  9. Relationship Between Wind Generation and Balancing Energy Market Prices in ERCOT: 2007-2009

    SciTech Connect (OSTI)

    Nicholson, E.; Rogers, J.; Porter, K.

    2010-11-01

    This paper attempts to measure the average marginal effects of wind generation on the balancing-energy market price in ERCOT with the help of econometric analysis.

  10. ,"Domestic Crude Oil First Purchase Prices for Selected Crude...

    U.S. Energy Information Administration (EIA) Indexed Site

    Purchase Price (Dollars per Barrel)","Heavy Louisiana Sweet First Purchase Price (Dollars per Barrel)","Light Louisiana Sweet First Purchase Price (Dollars per Barrel)","Mars Blend ...

  11. Table 23. Domestic Crude Oil First Purchase Prices by API Gravity

    U.S. Energy Information Administration (EIA) Indexed Site

    18.62 19.26 Source: Energy Information Administration, Form EIA-182, "Domestic Crude Oil First Purchase Report." 23. Domestic Crude Oil First Purchase Prices by API Gravity Energy...

  12. Table 23. Domestic Crude Oil First Purchase Prices by API Gravity

    U.S. Energy Information Administration (EIA) Indexed Site

    20.23 20.91 Source: Energy Information Administration, Form EIA-182, "Domestic Crude Oil First Purchase Report." 23. Domestic Crude Oil First Purchase Prices by API Gravity Energy...

  13. Bio-Oil Deployment in the Home Heating Market

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    Bio-Oil Deployment in the Home Heating Market March 23, 2015 Dr. Thomas A. Butcher ... and end user acceptance. * Heating oil and diesel transportation both use the same ...

  14. Table 23. Domestic Crude Oil First Purchase Prices by API Gravity

    U.S. Energy Information Administration (EIA) Indexed Site

    reported. Source: Energy Information Administration, Form EIA-182, "Domestic Crude Oil First Purchase Report." Energy Information Administration Petroleum Marketing Annual...

  15. Appendix C: Price case comparisons

    Annual Energy Outlook [U.S. Energy Information Administration (EIA)]

    High oil price Low oil price Reference High oil price Low oil price Reference High oil price Production Crude oil and lease condensate ... 13.87 19.06 20.36...

  16. Electric mergers: Transmission pricing, market size, and effects on competition

    SciTech Connect (OSTI)

    Legato, C.D.

    1996-06-01

    The prospect of deregulation has introducted a wave of mergers among electric utilities. Most of these mergers would fail an antitrust review because, by combining generation assets of interconnected utilities, they have substantially reduced potential competition in generation. In fact, one can predict that most mergers of utilities that operate within the same power pool or reliability region will be anticompetitive, even if they are not interconnected. Using an antitrust analysis, this article illustrates the potential anticompetitive effects of mergers between interconnected utilities. It concludes that the relevant geographic market will be an area in which a single, area-wide transmission price is charged. Moreover, it concludes that this area and, hence, the relevant market will likely span an area no larger than the Mid-American Interconnected Network or the Virginia/Carolina subregion of the Southeastern Reliability Council. Assuming markets of this size, the data on resulting concentration will show severe consequences for mergers of the sort that were announced in 1995 and 1996.

  17. World Oil Prices and Production Trends in AEO2008 (released in AEO2008)

    Reports and Publications (EIA)

    2008-01-01

    Annual Energy Outlook 2008 (AEO) defines the world oil price as the price of light, low-sulfur crude oil delivered in Cushing, Oklahoma. Since 2003, both "above ground" and "below ground" factors have contributed to a sustained rise in nominal world oil prices, from $31 per barrel in 2003 to $69 per barrel in 2007. The AEO2008 reference case outlook for world oil prices is higher than in the AEO2007 reference case. The main reasons for the adoption of a higher reference case price outlook include continued significant expansion of world demand for liquids, particularly in non-OECD (Organization for Economic Cooperation and Development) countries, which include China and India; the rising costs of conventional non-OPEC (Organization of the Petroleum Exporting Countries) supply and unconventional liquids production; limited growth in non-OPEC supplies despite higher oil prices; and the inability or unwillingness of OPEC member countries to increase conventional crude oil production to levels that would be required for maintaining price stability. The Energy Information Administration will continue to monitor world oil price trends and may need to make further adjustments in future AEOs.

  18. Market analysis of shale oil co-products. Appendices

    SciTech Connect (OSTI)

    Not Available

    1980-12-01

    Data are presented in these appendices on the marketing and economic potential for soda ash, aluminia, and nahcolite as by-products of shale oil production. Appendices 1 and 2 contain data on the estimated capital and operating cost of an oil shales/mineral co-products recovery facility. Appendix 3 contains the marketing research data.

  19. Price Changes in the Gasoline Market - Are Midwestern Gasoline Prices Downward Sticky?

    Reports and Publications (EIA)

    1999-01-01

    The report concentrates on regional gasoline prices in the Midwest from October 1992 through June 1998.

  20. World Oil Prices and Production Trends in AEO2010 (released in AEO2010)

    Reports and Publications (EIA)

    2010-01-01

    In Annual Energy Outlook 2010, the price of light, low-sulfur (or "sweet") crude oil delivered at Cushing, Oklahoma, is tracked to represent movements in world oil prices. The Energy Information Administration makes projections of future supply and demand for "total liquids,"" which includes conventional petroleum liquids -- such as conventional crude oil, natural gas plant liquids, and refinery gain -- in addition to unconventional liquids, which include biofuels, bitumen, coal-to-liquids (CTL), gas-to-liquids (GTL), extra-heavy oils, and shale oil.

  1. World Oil Prices and Production Trends in AEO2009 (released in AEO2009)

    Reports and Publications (EIA)

    2009-01-01

    The oil prices reported in Annual Energy Outlook 2009 (AEO) represent the price of light, low-sulfur crude oil in 2007 dollars. Projections of future supply and demand are made for "liquids," a term used to refer to those liquids that after processing and refining can be used interchangeably with petroleum products. In AEO2009, liquids include conventional petroleum liquids -- such as conventional crude oil and natural gas plant liquids -- in addition to unconventional liquids, such as biofuels, bitumen, coal-to-liquids (CTL), gas-to-liquids (GTL), extra-heavy oils, and shale oil.

  2. Energy & Financial Markets - Crudeoil - U.S. Energy Information

    Gasoline and Diesel Fuel Update (EIA)

    Administration (EIA) Financial Markets Market participants not only buy and sell physical quantities of oil, but also trade contracts for the future delivery of oil and other energy derivatives. One of the roles of futures markets is price discovery, and as such, these markets play a role in influencing oil prices. Oil market trading activity involves a range of participants with varying motivations, even within individual participants. Some, such as oil producers and airlines, have a

  3. How might North American oil and gas markets have performed with a Free Trade Agreement in 1970?

    SciTech Connect (OSTI)

    Watkins, G.C.; Waverman, L.

    1993-12-31

    Deregulation on both sides of the U.S.-Canadian border has made certain aspects of trade agreements largely superfluous in the near term. It is over the longer term that the impact of the NAFTA will become apparent. To grapple with this issue, simulations are attempted of oil and gas trade between the United States and Canada as if the NAFTA had been in place before the first oil price shock of 1973. The simulations suggest substantial additional exports of Canadian oil and gas would have enabled the United States to back out volumes of OPEC oil during the critical years of the late 1970s and early 1980s. This would have served to dampen world oil markets during the years of OPEC ascendancy-not dramatically, but not negligibly either. By promoting closer integration of energy markets, the NAFTA should lead to more cohesive North American responses to any future world oil shocks. 13 refs., 8 tabs.

  4. Price Responsive Demand in New York Wholesale Electricity Market using OpenADR

    SciTech Connect (OSTI)

    Kim, Joyce Jihyun; Kiliccote, Sila

    2012-06-01

    In New York State, the default electricity pricing for large customers is Mandatory Hourly Pricing (MHP), which is charged based on zonal day-ahead market price for energy. With MHP, retail customers can adjust their building load to an economically optimal level according to hourly electricity prices. Yet, many customers seek alternative pricing options such as fixed rates through retail access for their electricity supply. Open Automated Demand Response (OpenADR) is an XML (eXtensible Markup Language) based information exchange model that communicates price and reliability information. It allows customers to evaluate hourly prices and provide demand response in an automated fashion to minimize electricity costs. This document shows how OpenADR can support MHP and facilitate price responsive demand for large commercial customers in New York City.

  5. The Social Costs to the U.S. of Monopolization of the World Oil Market, 1972-1991

    SciTech Connect (OSTI)

    Greene, D.L.

    1993-01-01

    The partial monopolization of the world oil market by the OPEC cartel has produced significant economic costs to the economies of the world. This paper reports estimates of the costs of monopolization of oil to the U.S. over the period 1972-1991. Two fundamental assumptions of the analysis are, (1) that OPEC has acted as a monopoly, albeit with limited control, knowledge, and ability to act and, (2) that the U.S. and other consuming nations could, through collective (social) action affect the cartel's ability to act as a monopoly. We measure total costs by comparing actual costs for the 1972-1991 period to a hypothetical ''more competitive'' world oil market scenario. By measuring past costs we avoid the enormous uncertainties about the future course of the world oil market and leave to the reader's judgment the issue of how much the future will be like the past. We note that total cost numbers cannot be used to determine the value of reducing U.S. oil use by one barrel. They are useful for describing the overall size of the petroleum problem and are one important factor in deciding how much effort should be devoted to solving it. Monopoly pricing of oil transfers wealth from US. oil consumers to foreign oil producers and, by increasing the economic scarcity of oil, reduces the economy's potential to produce. The actions of the OPEC Cartel have also produced oil price shocks, both upward and downward, that generate additional costs because of the economy's inherent inability to adjust quickly to a large change in energy prices. Estimated total costs to the United States from these three sources for the 1972-1991 period are put at $4.1 trillion in 1990$ ($1.2 T wealth transfer, $0.8 T macroeconomic adjustment costs, $2.1 T potential GNP losses). The cost of the US's primary oil supply contingency program is small ($10 B) by comparison.

  6. Impacts on U.S. Energy Markets and the Economy of Reducing Oil Imports

    Reports and Publications (EIA)

    1996-01-01

    This study was undertaken at the request of the General Accounting Office (GAO). Its purpose is to evaluate the impacts on U.S. energy markets and the economy of reducing oil imports. The approach and assumptions underlying this report were specified by GAO and are attached as an Appendix. The study focuses on two approaches: (1) a set of cases with alternative world crude oil price trajectories and (2) two cases which investigate the use of an oil import tariff to achieve a target reduction in the oil imports. The analysis presented uses the National Energy Modeling System, which is maintained by the Office of Integrated Analysis and Forecasting within the Energy Information Administration (EIA), and the DRI/McGraw Hill Macroeconomic Model of the U.S. Economy, a proprietary model maintained by DRI and subscribed to by EIA.

  7. Table 42. Residual Fuel Oil Prices by PAD District and State

    Gasoline and Diesel Fuel Update (EIA)

    55.1 47.1 W W 55.1 46.2 See footnotes at end of table. 42. Residual Fuel Oil Prices by PAD District and State Energy Information Administration Petroleum...

  8. Table 42. Residual Fuel Oil Prices by PAD District and State

    Annual Energy Outlook [U.S. Energy Information Administration (EIA)]

    45.5 49.2 W W 44.5 45.4 See footnotes at end of table. 42. Residual Fuel Oil Prices by PAD District and State Energy Information Administration Petroleum...

  9. EIA: High Oil Prices, GHG Controls Would Help Clean Energy Grow

    Broader source: Energy.gov [DOE]

    The growth of renewable energy and renewable fuels in the United States will be significantly greater under scenarios involving high oil prices and stricter controls on greenhouse gas (GHG) emissions, according to DOE's Energy Information Administration (EIA).

  10. Table 23. Domestic Crude Oil First Purchase Prices by API Gravity

    U.S. Energy Information Administration (EIA) Indexed Site

    17.18 17.64 Source: Energy Information Administration, Form EIA-182, "Domestic Crude Oil First Purchase Report." Energy Information AdministrationPetroleum Marketing Annual 1999...

  11. Table 23. Domestic Crude Oil First Purchase Prices by API Gravity

    U.S. Energy Information Administration (EIA) Indexed Site

    12.17 12.80 Source: Energy Information Administration, Form EIA-182, "Domestic Crude Oil First Purchase Report." Energy Information AdministrationPetroleum Marketing Annual 1998...

  12. Modifications to incorporate competitive electricity prices in the annual energy outlook 1998 - electricity market module

    SciTech Connect (OSTI)

    1998-02-01

    The purpose of this report is to describe modifications to the Electricity Market Module (EMM) for the Annual Energy Outlook 1998. It describes revisions necessary to derive competitive electricity prices and the corresponding reserve margins.

  13. Base Oil Market Segment Forecasts up to 2020,Research Reports...

    Open Energy Info (EERE)

    Market Research Home > Groups > Future of Condition Monitoring for Wind Turbines Wayne31jan's picture Submitted by Wayne31jan(150) Contributor 11 June, 2015 - 03:19 Base Oil...

  14. Deconstructing Solar Photovoltaic Pricing: The Role of Market Structure, Technology and Policy

    Office of Energy Efficiency and Renewable Energy (EERE)

    Solar photovoltaic (PV) system prices in the United States are considerably different both across geographic locations and within a given location. Variances in price may arise due to state and federal policies, differences in market structure, and other factors that influence demand and costs. This paper examines the relative importance of such factors on the stability of solar PV system prices in the United States using a detailed dataset of roughly 100,000 recent residential and small commercial installations. The paper finds that PV system prices differ based on characteristics of the systems. More interestingly, evidence suggests that search costs and imperfect competition affect solar PV pricing. Installer density substantially lowers prices, while regions with relatively generous financial incentives for solar PV are associated with higher prices.

  15. ,"U.S. Residual Fuel Oil Prices by Sales Type"

    U.S. Energy Information Administration (EIA) Indexed Site

    Data for" ,"Data 1","Residual Fuel Oil Average",2,"Monthly","52016","115... AM" "Back to Contents","Data 1: Residual Fuel Oil Average" "Sourcekey","EMAEPPRPTANUS...

  16. EIS-0016: Cumulative Production/Consumption Effects of the Crude Oil Price Incentive Rulemakings, Programmatic

    Office of Energy Efficiency and Renewable Energy (EERE)

    The U.S. Department of Energy prepared this Final Statement to FEA-FES-77-7 to assess the environmental and socioeconomic implications of a rulemaking on crude oil pricing incentives as pertains to the full range of oil production technologies (present as well as anticipated.)

  17. Microsoft Word - Oil and Gas Pipelines_Statement_Dr Daniel Fine...

    Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

    ... Oil and an natural gas price recovery are required indefinitely to stabilize population and job markets. Its oil production, following the infusion of technology innovation, is at ...

  18. Want to Put an End to Capacity Markets? Think Real-Time Pricing

    SciTech Connect (OSTI)

    Reeder, Mark

    2006-07-15

    The amount of generation capacity that must be installed to meet resource adequacy requirements often causes the energy market to be suppressed to the point that it fails to produce sufficient revenues to attract new entry. A significant expansion in the use of real-time pricing can, over time, cause the energy market to become a more bountiful source of revenues for generators, allowing the elimination of the capacity market. (author)

  19. Is the price squeeze doctrine still viable in fully-regulated energy markets

    SciTech Connect (OSTI)

    Spiwak, L.J.

    1993-01-01

    Simply stated, a price squeeze occurs when a firm with monopoly power on the primary, or wholesale, level engages in a prolonged price increase that drives competitors out of the secondary, or retail level, and thereby extends its monopoly power to the secondary market. A price squeeze will not be found, however, for any short-term exercise in market power. Rather, because anticompetitive effects of a price squeeze are indirect, the price squeeze must last long enough and be severe enough to produce effects on actual or potential competition in the secondary market. In regulated electric industries, a price squeeze claim usually arises from the complex relationship between the supplier, the wholesale customer, the retail customer, and the federal and state regulators. The supplier sells electric power to both wholesale and retail customers. Wholesale transactions are regulated by federal regulators, and retail transactions are regulated at the state level. The wholesale customers in turn sell power to their retail customers. Over the last several years, there have been substantial developments in the application of the price squeeze doctrine to fully-regulated electric utilities. This article will examine the current developments in this area, and attempt to highlight the burdens potential litigants, both plaintiffs and defendants, must overcome to succeed.

  20. The North American Free Trade Agreement: Implications for the parties and world oil markets

    SciTech Connect (OSTI)

    Verleger, P.K. Jr.

    1993-12-31

    The proposed North American Free Trade Agreement (NAFTA) has been criticized because it failed to open Mexico`s hydrocarbon reserves to development by private parties. This failure is an economic tragedy. Consumer welfare will clearly be reduced as a consequence. However, the loss is confined to Mexico where economic growth rates may be reduced by as much as one half of one percent per year. Otherwise, the agreement will have insignificant impacts on the world oil market. Future levels of production and prices will be unaffected by the agreement. 24 refs., 6 tabs.

  1. Model documentation: Electricity market module, electricity finance and pricing submodule

    SciTech Connect (OSTI)

    Not Available

    1994-04-07

    The purpose of this report is to define the objectives of the model, describe its basic approach, and provide detail on how it works. The EFP is a regulatory accounting model that projects electricity prices. The model first solves for revenue requirements by building up a rate base, calculating a return on rate base, and adding the allowed expenses. Average revenues (prices) are calculated based on assumptions regarding regulator lag and customer cost allocation methods. The model then solves for the internal cash flow and analyzes the need for external financing to meet necessary capital expenditures. Finally, the EFP builds up the financial statements. The EFP is used in conjunction with the National Energy Modeling System (NEMS). Inputs to the EFP include the forecast generating capacity expansion plans, operating costs, regulator environment, and financial data. The outputs include forecasts of income statements, balance sheets, revenue requirements, and electricity prices.

  2. Final report of the Rhode Island State Energy Office on residential no. 2 heating oil and propane prices [SHOPP

    SciTech Connect (OSTI)

    McClanahan, Janice

    2001-04-01

    Summary report on residential No.2 heating oil and propane prepared under grant. Summarizes the monitoring and analysis of heating oil and propane prices from October 2000 through March 2001.

  3. Microsoft Word - Gas Prices and Oil Consumption Would Increase Without Biofuels

    Broader source: All U.S. Department of Energy (DOE) Office Webpages (Extended Search)

    For Immediate Release June 11, 2008 202-586-4940 Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels Secretary of Energy Samuel W. Bodman and Secretary of Agriculture Edward T. Schafer sent a letter on June 11, 2008 to Senator Jeff Bingaman addressing a number of questions related to biofuels, food, and gasoline and diesel prices. The letter is available at http://www.energy.gov Without Biofuels, Gas Prices Would Increase $.20 to $.35 per Gallon. * The U.S. Department of

  4. The evolving price of household LED lamps: Recent trends and historical comparisons for the US market

    SciTech Connect (OSTI)

    Gerke, Brian F.; Ngo, Allison T.; Alstone, Andrea L.; Fisseha, Kibret S.

    2014-10-14

    In recent years, household LED light bulbs (LED A lamps) have undergone a dramatic price decline. Since late 2011, we have been collecting data, on a weekly basis, for retail offerings of LED A lamps on the Internet. The resulting data set allows us to track the recent price decline in detail. LED A lamp prices declined roughly exponentially with time in 2011-2014, with decline rates of 28percent to 44percent per year depending on lumen output, and with higher-lumen lamps exhibiting more rapid price declines. By combining the Internet price data with publicly available lamp shipments indices for the US market, it is also possible to correlate LED A lamp prices against cumulative production, yielding an experience curve for LED A lamps. In 2012-2013, LED A lamp prices declined by 20-25percent for each doubling in cumulative shipments. Similar analysis of historical data for other lighting technologies reveals that LED prices have fallen significantly more rapidly with cumulative production than did their technological predecessors, which exhibited a historical decline of 14-15percent per doubling of production.

  5. Customer Strategies for Responding to Day-Ahead Market HourlyElectricity Pricing

    SciTech Connect (OSTI)

    Goldman, Chuck; Hopper, Nicole; Bharvirkar, Ranjit; Neenan,Bernie; Boisvert, Dick; Cappers, Peter; Pratt, Donna; Butkins, Kim

    2005-08-25

    Real-time pricing (RTP) has been advocated as an economically efficient means to send price signals to customers to promote demand response (DR) (Borenstein 2002, Borenstein 2005, Ruff 2002). However, limited information exists that can be used to judge how effectively RTP actually induces DR, particularly in the context of restructured electricity markets. This report describes the second phase of a study of how large, non-residential customers' adapted to default-service day-ahead hourly pricing. The customers are located in upstate New York and served under Niagara Mohawk, A National Grid Company (NMPC)'s SC-3A rate class. The SC-3A tariff is a type of RTP that provides firm, day-ahead notice of hourly varying prices indexed to New York Independent System Operator (NYISO) day-ahead market prices. The study was funded by the California Energy Commission (CEC)'s PIER program through the Demand Response Research Center (DRRC). NMPC's is the first and longest-running default-service RTP tariff implemented in the context of retail competition. The mix of NMPC's large customers exposed to day-ahead hourly prices is roughly 30% industrial, 25% commercial and 45% institutional. They have faced periods of high prices during the study period (2000-2004), thereby providing an opportunity to assess their response to volatile hourly prices. The nature of the SC-3A default service attracted competitive retailers offering a wide array of pricing and hedging options, and customers could also participate in demand response programs implemented by NYISO. The first phase of this study examined SC-3A customers' satisfaction, hedging choices and price response through in-depth customer market research and a Constant Elasticity of Substitution (CES) demand model (Goldman et al. 2004). This second phase was undertaken to answer questions that remained unresolved and to quantify price response to a higher level of granularity. We accomplished these objectives with a second customer

  6. Energy and Financial Markets Overview: Crude Oil Price Formation

    U.S. Energy Information Administration (EIA) Indexed Site

    Standards (CAFE) in three cases, 2005-2035 2 0 20 40 60 80 2005 2010 2015 2020 2025 2030 2035 miles per gallon Source: EIA, Annual Energy Outlook 2011 CAFE6 CAFE3 Reference ...

  7. Energy and Financial Markets Overview: Crude Oil Price Formation

    Gasoline and Diesel Fuel Update (EIA)

    Energy Production and Trade: An Overview of Some Macroeconomic Issues Vipin Arora November 2014 Independent Statistics & Analysis www.eia.gov U.S. Energy Information Administration Washington, DC 20585 This paper is released to encourage discussion and critical comment. The analysis and conclusions expressed here are those of the authors and not necessarily those of the U.S. Energy Information Administration. WORKING PAPER SERIES November 2014 Vipin Arora | U.S. Energy Information

  8. Comparing Price Forecast Accuracy of Natural Gas Models andFutures Markets

    SciTech Connect (OSTI)

    Wong-Parodi, Gabrielle; Dale, Larry; Lekov, Alex

    2005-06-30

    The purpose of this article is to compare the accuracy of forecasts for natural gas prices as reported by the Energy Information Administration's Short-Term Energy Outlook (STEO) and the futures market for the period from 1998 to 2003. The analysis tabulates the existing data and develops a statistical comparison of the error between STEO and U.S. wellhead natural gas prices and between Henry Hub and U.S. wellhead spot prices. The results indicate that, on average, Henry Hub is a better predictor of natural gas prices with an average error of 0.23 and a standard deviation of 1.22 than STEO with an average error of -0.52 and a standard deviation of 1.36. This analysis suggests that as the futures market continues to report longer forward prices (currently out to five years), it may be of interest to economic modelers to compare the accuracy of their models to the futures market. The authors would especially like to thank Doug Hale of the Energy Information Administration for supporting and reviewing this work.

  9. Estimating household fuel oil/kerosine, natural gas, and LPG prices by census region

    SciTech Connect (OSTI)

    Poyer, D.A.; Teotia, A.P.S.

    1994-08-01

    The purpose of this research is to estimate individual fuel prices within the residential sector. The data from four US Department of Energy, Energy Information Administration, residential energy consumption surveys were used to estimate the models. For a number of important fuel types - fuel oil, natural gas, and liquefied petroleum gas - the estimation presents a problem because these fuels are not used by all households. Estimates obtained by using only data in which observed fuel prices are present would be biased. A correction for this self-selection bias is needed for estimating prices of these fuels. A literature search identified no past studies on application of the selectivity model for estimating prices of residential fuel oil/kerosine, natural gas, and liquefied petroleum gas. This report describes selectivity models that utilize the Dubin/McFadden correction method for estimating prices of residential fuel oil/kerosine, natural gas, and liquefied petroleum gas in the Northeast, Midwest, South, and West census regions. Statistically significant explanatory variables are identified and discussed in each of the models. This new application of the selectivity model should be of interest to energy policy makers, researchers, and academicians.

  10. Natural Gas Marketer Prices and Sales To Residential and Commercial Customers: 2002-2005

    Reports and Publications (EIA)

    2007-01-01

    This report compares residential and commercial prices collected from natural gas marketers and local distribution companies in Maryland, New York, Ohio and Pennsylvania from 2002-2005 and gives the history and status of natural gas choice programs in those states.

  11. U.S., non-U.S. outlays to rise in `98, but oil price plunge clouds spending outlook

    SciTech Connect (OSTI)

    Beck, R.J.

    1998-03-23

    Capital spending by oil and gas companies in and outside the US will rise in 1998, but that forecast may be jeopardized by the continuing plunge in oil prices. For operations in the US, oil and gas company capital spending is expected to move up in 1998 for the fourth year in a row. If the money is spent, it will be the highest industry investment level since 1985. Strong oil and gas prices and increased volumes have boosted company cash flow and profits the last few years, fueling increased spending. However, the near-term outlook has now been clouded by economic turmoil in a number of Asian countries and the recent collapse of oil prices. The paper discusses oil and gas prices, US upstream spending, US non-exploration and production spending, capital spending in Canada, and spending outside US and Canada.

  12. Spot Prices for Crude Oil and Petroleum Products

    U.S. Energy Information Administration (EIA) Indexed Site

    Crude Oil WTI - Cushing, Oklahoma 31.32 34.43 37.69 38.32 39.18 36.82 1986-2016 Brent - Europe 33.12 36.28 39.30 38.50 39.19 37.0 1987-2016 Conventional Gasoline New York Harbor, ...

  13. Electricity Market Module: Electricity finance and pricing submodule

    SciTech Connect (OSTI)

    1996-06-01

    The purpose of this report is to document the updates to the Electricity Financial Pricing Module (EFP) to reflect the rate impacts of nuclear decommissioning. The EFP is part of the National Energy Modeling System (NEMS). The updates to the EFP related to nuclear decommissioning include both changes to the underlying data base and the methodology. Nuclear decommissioning refers to the activities performed to take a nuclear plant permanently out of service. The costs of nuclear decommissioning are substantial and uncertain. The recovery of these costs from ratepayers is to occur over the operating life of the nuclear plant. Utilities are obligated to make estimates of the nuclear decommissioning cost every few years. Given this estimate, utilities are to assess a charge upon ratepayers, such that over the operating life of the plant they collect sufficient funds to pay for the decommissioning. However, cost estimates for decommissioning have been increasing and it appears that utilities have not been collecting adequate funds to date. In addition, there is a real risk that many nuclear plants may be closed earlier than originally planned, further exacerbating the under collection problem. The updates performed in this project provide the EFP with the capability to analyze these issues. The remainder of this document is divided into two discussions: (1) Nuclear Decommissioning Data Base, and (2) Methodology. Appendix A contains the actual data base developed during the project.

  14. Biggest oil spill tackled in gulf amid war, soft market

    SciTech Connect (OSTI)

    Not Available

    1991-02-04

    Industry is scrambling to cope with history's biggest oil spill against the backdrop of a Persian Gulf war and a softening oil market. U.S. and Saudi Arabian officials accused Iraq of unleashing an oil spill of about 11 million bbl into the Persian Gulf off Kuwait last week by releasing crude from the giant Sea Island tanker loading terminal at Mina al Ahmadi. Smart bombs delivered by U.S. aircraft hit two onshore tank farm manifold stations, cutting off the terminal's source of oil flow Jan. 26. A small volume of oil was still leaking from 13 mile feeder pipelines to the terminal at presstime. Press reports quoted U.S. military and Saudi officials as estimating the slick at 35 miles long and 10 miles wide but breaking up in some areas late last week. Meantime, Iraq reportedly opened the valves at its Mina al Bakr marine terminal at Fao to spill crude into the northern gulf. BBC reported significant volumes of crude in the water off Fao 24 hr after the terminal valves were opened. Mina al Bakr is a considerably smaller terminal than Sea Island, suggesting that the resulting flow of oil would be smaller than that at Sea Island.

  15. Petroleum Marketing Annual 2008

    U.S. Energy Information Administration (EIA) Indexed Site

    8 Released: August 27, 2009 Petroleum Marketing Annual --- Full report in PDF (1.2 MB) Summary Statistics Summary Statistics Tables PDF 1 Crude Oil Prices PDF TXT 1A Refiner...

  16. Petroleum Marketing Annual 2007

    U.S. Energy Information Administration (EIA) Indexed Site

    7 Released: August 29, 2008 Petroleum Marketing Annual --- Full report in PDF (1.2 MB) Summary Statistics Summary Statistics Tables PDF 1 Crude Oil Prices PDF TXT 1A Refiner...

  17. LNG markets: Implications of a low energy price environment for demand and U.S. exports

    U.S. Energy Information Administration (EIA) Indexed Site

    Breakout session: LNG markets: Implications of a low energy price environment for demand and U.S. exports LNG: Long-Term Competitiveness in Asian Markets Keo Lukefahr PetroChina International (America), Inc. July 11, 2016 2 Disclaimer No representation or warranty, express or implied, is or will be made in relation to the accuracy or completeness of the information in this presentation and no responsibility or liability is or will be accepted by PetroChina or any of its respective subsidiaries,

  18. Transporting US oil imports: The impact of oil spill legislation on the tanker market

    SciTech Connect (OSTI)

    Rowland, P.J. Associates )

    1992-05-01

    The Oil Pollution Act of 1990 ( OPA'') and an even more problematic array of State pollution laws have raised the cost, and risk, of carrying oil into and out of the US. This report, prepared under contract to the US Department of energy's Office of Domestic and International Policy, examines the impact of Federal and State oil spill legislation on the tanker market. It reviews the role of marine transportation in US oil supply, explores the OPA and State oil spill laws, studies reactions to OPA in the tanker and tank barge industries and in related industries such as insurance and ship finance, and finally, discusses the likely developments in the years ahead. US waterborne oil imports amounted to 6.5 million B/D in 1991, three-quarters of which was crude oil. Imports will rise by almost 3 million B/D by 2000 according to US Department of energy forecasts, with most of the crude oil growth after 1995. Tanker demand will grow even faster: most of the US imports and the increased traffic to other world consuming regions will be on long-haul trades. Both the number of US port calls by tankers and the volume of offshore lightering will grow. Every aspect of the tanker industry's behavior is affected by OPA and a variety of State pollution laws.

  19. Are there Gains from Pooling Real-Time Oil Price Forecasts?

    U.S. Energy Information Administration (EIA) Indexed Site

    Are there Gains from Pooling Real- Time Oil Price Forecasts? Christiane Baumeister, Bank of Canada Lutz Kilian, University of Michigan Thomas K. Lee, U.S. Energy Information Administration February 12, 2014 Independent Statistics & Analysis www.eia.gov U.S. Energy Information Administration Washington, DC 20585 This paper is released to encourage discussion and critical comment. The analysis and conclusions expressed here are those of the authors and not necessarily those of the U.S. Energy

  20. Michigan residential heating oil and propane price survey: 1995--1996 heating season. Final report

    SciTech Connect (OSTI)

    Moriarty, C.

    1996-05-01

    This report summarizes the results of a survey of residential No. 2 distillate fuel (home heating oil) and liquefied petroleum gas (propane) prices over the 1995--1996 heating season in Michigan. The Michigan`s Public Service Commission (MPSC) conducted the survey under a cooperative agreement with the US Department of Energy`s (DOE) Energy Information Administration (EIA). This survey was funded in part by a grant from the DOE. From October 1995 through March 1996, the MPSC surveyed participating distributors by telephone for current residential retail home heating oil and propane prices. The MPSC transmitted the data via a computer modem to the EIA using the Petroleum Electronic Data Reporting Option (PEDRO). Survey results were published in aggregate on the MPSC World Wide Web site at http://ermisweb.state.mi.us/shopp. The page was updated with both residential and wholesale prices immediately following the transmission of the data to the EIA. The EIA constructed the survey using a sample of Michigan home heating oil and propane retailers. The sample accounts for different sales volumes, geographic location, and sources of primary supply.

  1. Assessment of Summer 1997 motor gasoline price increase

    SciTech Connect (OSTI)

    1998-05-01

    Gasoline markets in 1996 and 1997 provided several spectacular examples of petroleum market dynamics. The first occurred in spring 1996, when tight markets, following a long winter of high demand, resulted in rising crude oil prices just when gasoline prices exhibit their normal spring rise ahead of the summer driving season. Rising crude oil prices again pushed gasoline prices up at the end of 1996, but a warm winter and growing supplies weakened world crude oil markets, pushing down crude oil and gasoline prices during spring 1997. The 1996 and 1997 spring markets provided good examples of how crude oil prices can move gasoline prices both up and down, regardless of the state of the gasoline market in the United States. Both of these spring events were covered in prior Energy Information Administration (EIA) reports. As the summer of 1997 was coming to a close, consumers experienced yet another surge in gasoline prices. Unlike the previous increase in spring 1996, crude oil was not a factor. The late summer 1997 price increase was brought about by the supply/demand fundamentals in the gasoline markets, rather than the crude oil markets. The nature of the summer 1997 gasoline price increase raised questions regarding production and imports. Given very strong demand in July and August, the seemingly limited supply response required examination. In addition, the price increase that occurred on the West Coast during late summer exhibited behavior different than the increase east of the Rocky Mountains. Thus, the Petroleum Administration for Defense District (PADD) 5 region needed additional analysis (Appendix A). This report is a study of this late summer gasoline market and some of the important issues surrounding that event.

  2. Explaining EIA Crude Oil and Petroleum Product Price Data and Comparing with Other U.S. Government Data Sources, 2001 to 2010

    Reports and Publications (EIA)

    2012-01-01

    This article describes the sampling frames and basic data collection methods for petroleum price data reported by Energy Information Administration (EIA) and other Government agencies. In addition, it compares and contrasts annual average prices reported by EIA with comparable prices from the Bureau of Labor Statistics (BLS) CPI (Consumer Price Indexes) for the retail prices of residential No. 2 distillate, on-highway diesel fuel and motor gasoline (all grades.) Further, it compares refiner wholesale/resale prices for No. 2 fuel oil, No. 2 diesel fuel, motor gasoline (all grades,) kerosene-type jet fuel and residual fuel oil reported by EIA with comparable prices from the BLS PPI (Producer Price Index.) A discussion of the various crude oil prices and spot/futures prices published by EIA and other Government agencies is also included in the article.

  3. Transporting US oil imports: The impact of oil spill legislation on the tanker market

    SciTech Connect (OSTI)

    Not Available

    1992-06-01

    This report looks at the impact of the Oil Pollution Act of 1990 and the developing State oil spill regulations on the tanker and coastal barge markets, and at the implications for the future of the U.S. seaborne petroleum trades. The analysis relied on a dual approach. Because much of the legislation, both State and Federal, is still evolving--particularly with respect to implementing regulations--as yet there can be no definitive assessment of its impact. Consequently a quantitative analysis of fleets, trades, and vessel movements, was complemented by extensive interviews. Discussions have been held with oil companies large and small, shipowners, charterers, insurance companies, classification societies, and a variety of public and private institutions active in the maritime industry. All interviews were conducted in confidence: no individual views are identified in the report. (AT)

  4. Transporting US oil imports: The impact of oil spill legislation on the tanker market. Final report

    SciTech Connect (OSTI)

    Not Available

    1992-06-01

    This report looks at the impact of the Oil Pollution Act of 1990 and the developing State oil spill regulations on the tanker and coastal barge markets, and at the implications for the future of the U.S. seaborne petroleum trades. The analysis relied on a dual approach. Because much of the legislation, both State and Federal, is still evolving--particularly with respect to implementing regulations--as yet there can be no definitive assessment of its impact. Consequently a quantitative analysis of fleets, trades, and vessel movements, was complemented by extensive interviews. Discussions have been held with oil companies large and small, shipowners, charterers, insurance companies, classification societies, and a variety of public and private institutions active in the maritime industry. All interviews were conducted in confidence: no individual views are identified in the report. (AT)

  5. A premium price electricity market for the emerging biomass industry in the UK

    SciTech Connect (OSTI)

    Kettle, R.

    1995-11-01

    The Non-Fossil Fuel Obligation (NFFO) is the means by which the UK Government creates an initial market for renewable sources of electricity. For the first time the third round of the competition for NFFO contracts included a band for {open_quote}energy crops and agricultural and forestry wastes{close_quote}. The NFFO Order which obliges the Regional Electricity Companies (RECs) in England and Wales to contract for a specified electricity generating capacity from renewable resources was made in December 1994. It required 19.06 MW of wood gasification capacity and 103.81 MW from other energy crops and agricultural and forestry wastes. The purpose of these Orders is to create an initial market so that in the not too distant future the most promising renewables can compete without financial support. This paper describes how these projects are expected to contribute to this policy. It also considers how the policy objective of convergence under successive Orders between the price paid under the NFFO and the market price for electricity might be accomplished.

  6. Petroleum marketing monthly

    SciTech Connect (OSTI)

    1995-11-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. The Petroleum Marketing Division, Office of Oil and Gas, Energy Information Administration ensures the accuracy, quality, and confidentiality of the published data.

  7. U.S. Residential Photovoltaic (PV) System Prices, Q4 2013 Benchmarks: Cash Purchase, Fair Market Value, and Prepaid Lease Transaction Prices

    SciTech Connect (OSTI)

    Davidson, C.; James, T. L.; Margolis, R.; Fu, R.; Feldman, D.

    2014-10-01

    The price of photovoltaic (PV) systems in the United States (i.e., the cost to the system owner) has dropped precipitously in recent years, led by substantial reductions in global PV module prices. This report provides a Q4 2013 update for residential PV systems, based on an objective methodology that closely approximates the book value of a PV system. Several cases are benchmarked to represent common variation in business models, labor rates, and module choice. We estimate a weighted-average cash purchase price of $3.29/W for modeled standard-efficiency, polycrystalline-silicon residential PV systems installed in the United States. This is a 46% decline from the 2013-dollar-adjusted price reported in the Q4 2010 benchmark report. In addition, this report frames the cash purchase price in the context of key price metrics relevant to the continually evolving landscape of third-party-owned PV systems by benchmarking the minimum sustainable lease price and the fair market value of residential PV systems.

  8. Big questions cloud Iraq's future role in world oil market

    SciTech Connect (OSTI)

    Tippee, B.

    1992-03-09

    This paper reports that Iraq raises questions for the world oil market beyond those frequently asked about when and under what circumstances it will resume exports. Two wars since 1981 have obscured encouraging results from a 20 year exploration program that were only beginning to come to light when Iraq invaded Kuwait in August 1990. Those results indicate the country might someday be able to produce much more than the 3.2 million b/d it was flowing before a United Nations embargo blocked exports. If exploratory potential is anywhere near what officials asserted in the late 1980s, and if Iraq eventually turns hospitable to international capital, the country could become a world class opportunity for oil companies as well as an exporter with productive capacity approaching that of Saudi Arabia. But political conditions can change quickly. Under a new, secular regime, Iraq might welcome non-Iraqi oil companies and capital as essential to economic recovery. It's a prospect that warrants a new industry look at what the country has revealed about its geology and exploration history.

  9. Specific heavy oil processing market study. Final report

    SciTech Connect (OSTI)

    Not Available

    1984-06-01

    The market potential for two not-yet-commercialized, proprietary processes for upgrading heavy oil was evaluated. Dynacracking (TM) of Hydrocarbon Research Inc. (HRI) and Aurabon of UOP Process Division (UOP), including an integrated commercial hydrotreating unit were the processes studied. The report concludes that while a large market for Heavy Oil Processing (HOP) units was originally forecast as the result of the shift to heavier crudes by US refiners under a given demand slate and refinery configuration, this market has either eroded due to massive demand shifts (both in volumetric and relative product mix terms) or largely been satisfied on an accelerated basis (due to downstream restructuring pressures) by units already constructed or under firm commitment utilizing other HOP technology. Dynacracking or Aurabon does not appear to offer the substantial economic advantage needed to replace other HOP units already committed. However, additional demands for HOP units couold arise, particularly on a regional basis, if significant additional foreign or domestic sources of heavy crude are introduced into the supply picture or the demand structure moves dramatically away from that currently foreseen by the EIA. Expected profit margins were calculated for both processes, allowing $2/barrel extra credit to the Aurabon products because of their higher quality. Both processes appear to produce about the same fraction of vacuum bottoms when processing the same crude. Dynacracking produces a higher proportion of naphtha and Aurabon produces substantially more heavy distillate. This report is not intended to serve as a basis of selecting either process for a particular installation. 10 references, 7 figures, 29 tables.

  10. Implications of lifting the ban on the export of Alaskan crude oil: Price and trade impacts

    SciTech Connect (OSTI)

    Not Available

    1990-06-26

    This study addresses the issue of the ban on exports of Alaskan crude oil. At present almost all crude oil production from Alaska must be sold in the United States, i.e., it may not be exported. This study examines the impact, mainly on the West Coast, of eliminating this export restraint. The study concentrates on two time periods. These are 1988, the most recent year for which complete data are available, and 1995, a year in which Alaskan production is projected to be substantially less than at present. This is the Energy Information Administration's (EIA's) second report on this subject. The first was released earlier in 1990. They differ principally in the years for which results are presented and in the models used to generate quantitative results. The first report was limited to 1988. The quantitative results for that year were based on use of a single region model and therefore did not take into account petroleum interactions among all areas of the world. Because of this limitation, quantitative results were limited to Alaskan crude oil prices. All other price and trade flow results were qualitative. In contrast, the present report covers both 1988 and 1995. The quantitative results are generated with use of a more comprehensive model, one which does take into account petroleum interactions among all areas of the world. The model-generated results cover both crude and product prices as well as petroleum trade flows. The quantitative results in the present report therefore supersede those in the first, although both sets are generally consistent.

  11. Customer response to day-ahead wholesale market electricity prices: Case study of RTP program experience in New York

    SciTech Connect (OSTI)

    Goldman, C.; Hopper, N.; Sezgen, O.; Moezzi, M.; Bharvirkar, R.; Neenan, B.; Boisvert, R.; Cappers, P.; Pratt, D.

    2004-07-01

    There is growing interest in policies, programs and tariffs that encourage customer loads to provide demand response (DR) to help discipline wholesale electricity markets. Proposals at the retail level range from eliminating fixed rate tariffs as the default service for some or all customer groups to reinstituting utility-sponsored load management programs with market-based inducements to curtail. Alternative rate designs include time-of-use (TOU), day-ahead real-time pricing (RTP), critical peak pricing, and even pricing usage at real-time market balancing prices. Some Independent System Operators (ISOs) have implemented their own DR programs whereby load curtailment capabilities are treated as a system resource and are paid an equivalent value. The resulting load reductions from these tariffs and programs provide a variety of benefits, including limiting the ability of suppliers to increase spot and long-term market-clearing prices above competitive levels (Neenan et al., 2002; Boren stein, 2002; Ruff, 2002). Unfortunately, there is little information in the public domain to characterize and quantify how customers actually respond to these alternative dynamic pricing schemes. A few empirical studies of large customer RTP response have shown modest results for most customers, with a few very price-responsive customers providing most of the aggregate response (Herriges et al., 1993; Schwarz et al., 2002). However, these studies examined response to voluntary, two-part RTP programs implemented by utilities in states without retail competition.1 Furthermore, the researchers had limited information on customer characteristics so they were unable to identify the drivers to price response. In the absence of a compelling characterization of why customers join RTP programs and how they respond to prices, many initiatives to modernize retail electricity rates seem to be stymied.

  12. First AEO2015 Oil and Gas Working Group Meeting Summary

    U.S. Energy Information Administration (EIA) Indexed Site

    GAS MARKETS TEAMS SUBJECT: First AEO2015 Oil and Gas Working Group Meeting Summary ... The shorter AEO2015 will have 6 cases - Reference case, HighLow Oil Price cases, HighLow ...

  13. Economics and politics of oil-price regulation: Federal policy in the post-embargo era

    SciTech Connect (OSTI)

    Kalt, J.P.

    1981-01-01

    This study illuminates the fact that government petroleum regulations did not work as expected, and that they had contradictory and even destructive results. Using the methods and language of economic analysis, it also encompasses the broad social and political scope of the energy crisis, which is described as primarily a battle over the appropriate distribution of income within society, rather than the manifestation of some massive failure of markets and institutions to allocate the nation's resources effectively. One of the author's conclusions is that when policymakers address the income-transfer issue, they should use the straightforward mechanism of general income tax and welfare legislation. The book analyzes such topics as the position of the US oil industry in the international market, the Entitlements Program, and the effects of the Emergency Petroleum Allocation Act of 1973, the Energy Policy and Conservation Act of 1974, and the Crude Oil Windfall Profits Tax Act of 1980. 196 references, 30 figures, 35 tables.

  14. Microsoft Word - Price Uncertainty Supplement.doc

    Gasoline and Diesel Fuel Update (EIA)

    0 1 September 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 September 8, 2010 Release Crude Oil Prices. West Texas Intermediate (WTI) crude oil spot prices averaged about $77 per barrel in August 2010, very close to the July average, but $3 per barrel lower than projected in last month's Outlook. WTI spot prices averaged almost $82 per barrel over the first 10 days of August but then fell by $9 per barrel over the next 2 weeks as the market reacted to a series

  15. Average Residential Price

    U.S. Energy Information Administration (EIA) Indexed Site

    Data Series: Average Residential Price Residential Price - Local Distribution Companies Residential Price - Marketers Residential % Sold by Local Distribution Companies Average Commercial Price Commercial Price - Local Distribution Companies Commerical Price - Marketers Commercial % Sold by Local Distribution Companies Period: Monthly Annual Download Series History Download Series History Definitions, Sources & Notes Definitions, Sources & Notes Show Data By: Data Series Area 2010 2011

  16. Analysis of changes in OPEC's crude oil prices, current account, and surplus investments, with emphasis upon oil-revenue purchasing power - 1973 through 1980

    SciTech Connect (OSTI)

    Tadayon, S.

    1984-01-01

    The study sought to provide a comprehensive investigation of changes in the Organisation of Petroleum Exporting Countries (OPEC) crude oil prices, current-account balance, and current-account surplus investments abroad. The study emphasized analysis and, to some extent, quantification of the real value, or purchasing power, of OPEC oil revenues. The research approach was descriptive-elemental to expand upon characteristics of variables identified for the study. Research questions were answered by direct findings for each question. The method utilized for the study included document research and statistical analyses of data derived. The aim was to obtain complete and accurate information. The study compiled documented data regarding OPEC's crude oil prices, current-account balance, and current-account surplus investments abroad and analyzed the purchasing power of oil revenues as time passed and events occurred over the eight years from 1973 through 1980.

  17. Petroleum marketing monthly, May 1994

    SciTech Connect (OSTI)

    Not Available

    1994-05-26

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. The Petroleum Marketing Division, Office of Oil and Gas, Energy Information Administration ensures the accuracy, quality, and confidentiality of the published data in the Petroleum Marketing Monthly.

  18. Too early to tell on $100 oil

    U.S. Energy Information Administration (EIA) Indexed Site

    Presentation to: April 8, 2008 Lehman Brothers oil outlook: Stronger signals of weaker prices Adam Robinson What's driving oil markets today? u Not the short run: Oil prices go up every time the US economy gets worse u It's tempting to argue that the rise in oil prices now is simply a continuation of past trends - The cost of F&D continues to march up - Demand in China growing faster with no signs of slowdown - Upstream and downstream supply bottlenecks are permanent u We think current price

  19. Petroleum marketing monthly with data for April 1995

    SciTech Connect (OSTI)

    1995-07-05

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. The Petroleum Marketing Division, Office of Oil and Gas, Energy Information Administration ensures the accuracy, quality, and confidentiality of the published data on the Petroleum Marketing Monthly. Monthly statistics on purchases of crude oil and sales of petroleum products are presented in the Petroleum Marketing Monthly in five sections: Summary statistics; crude oil prices; prices of petroleum products; volumes of petroleum products; and prime supplier sales volumes of petroleum products for local consumption.

  20. Petroleum marketing monthly, June 1995 with data for March 1995

    SciTech Connect (OSTI)

    1995-06-16

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. The Petroleum Marketing Division, Office of Oil and Gas, Energy Information Administration ensures the accuracy, quality, and confidentiality of the published data in the Petroleum Marketing Monthly. Monthly statistics on purchases of crude oil and sales of petroleum products are presented in the Petroleum Marketing Monthly in five sections: Summary Statistics Crude Oil Prices; Prices of Petroleum Products; Volumes of Petroleum Products; and Prime Supplier Sales Volumes of Petroleum Products for Local Consumption.

  1. EIA - Special Report 8/29/05 - Hurricane Katrina's Impact on Oil Markets

    U.S. Energy Information Administration (EIA) Indexed Site

    the U.S. Oil Market Hurricane Katrina's Impact on the U.S. Oil Market As of 3:00 pm, Monday, August 29 --SEE MOST RECENT-- According to the Minerals Management Service (MMS), Gulf of Mexico oil production was reduced by about 1.4 million barrels per day as a result of Hurricane Katrina. The MMS also reported that 8.3 billion cubic feet per day of natural gas production was shut in. The Louisiana Offshore Oil Port (LOOP) stopped making shipments to onshore facilities as of Saturday, and was

  2. EIA Financial and Physical Oil Market Workshop on Evolution of Petroleum Market and Price Dynamics

    Gasoline and Diesel Fuel Update (EIA)

    - Coal Distribution Quarterly Coal Distribution Archives Release Date: August 17, 2016 Next Release Date: December 22, 2016 The Quarterly Coal Distribution Report (QCDR) provides detailed quarterly data on U.S. domestic coal distribution by coal origin, coal destination, mode of transportation and consuming sector. All data are preliminary and superseded by the final Coal Distribution - Annual Report. Year/Quarters By origin State By destination State Report Data File Report Data File 2009

  3. Table 5.18 Crude Oil Domestic First Purchase Prices, 1949-2011 (Dollars per Barrel)

    U.S. Energy Information Administration (EIA) Indexed Site

    8 Crude Oil Domestic First Purchase Prices, 1949-2011 (Dollars per Barrel) Year Alaska North Slope California Texas U.S. Average Nominal 1 Real 2 Nominal 1 Real 2 Nominal 1 Real 2 Nominal 1 Real 2 1949 – – – – NA NA NA NA 2.54 17.52 [R] 1950 – – – – NA NA NA NA 2.51 17.13 [R] 1951 – – – – NA NA NA NA 2.53 16.10 [R] 1952 – – – – NA NA NA NA 2.53 15.83 [R] 1953 – – – – NA NA NA NA 2.68 16.57 [R] 1954 – – – – NA NA NA NA 2.78 17.03 [R] 1955 – – – – NA NA NA NA 2.77 16.69

  4. Energy Information Administration/Petroleum Marketing Annual

    U.S. Energy Information Administration (EIA) Indexed Site

    30.5 See footnotes at end of table. 440 Energy Information AdministrationPetroleum Marketing Annual 1998 Table A3. RefinerReseller Prices of Distillate and Residual Fuel Oils,...

  5. Oil Spill Management Market is Estimated to Reach USD 114,441...

    Open Energy Info (EERE)

    Oil Spill Management Market is Estimated to Reach USD 114,441.1 Million by 2020 Home > Groups > Renewable Energy RFPs Wayne31jan's picture Submitted by Wayne31jan(150) Contributor...

  6. Oil Shale Market is Estimated to Reach USD 7,400.70 Million by...

    Open Energy Info (EERE)

    Oil Shale Market is Estimated to Reach USD 7,400.70 Million by 2022 Home > Groups > Renewable Energy RFPs Wayne31jan's picture Submitted by Wayne31jan(150) Contributor 1 July, 2015...

  7. Petroleum marketing monthly, October 1992. [USA

    SciTech Connect (OSTI)

    Not Available

    1992-10-14

    The Petroleum Marketing Monthly is prepared by the Petroleum Marketing Division, Office of Oil and Gas, Energy Information Administration. The Petroleum Marketing Monthly (PMM) is designed to give information and statistical data about a variety of crude oils and refined petroleum products. The publication provides statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, education institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners' acquisition cost of crude oil. Sales data for motor gasoline, distillates, residuals, aviation fuels, kerosene and propane are presented.

  8. Petroleum marketing annual 1994

    SciTech Connect (OSTI)

    1995-08-24

    The Petroleum Marketing Annual (PMA) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysis, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the fob and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. The Petroleum Marketing Division, Office of Oil and Gas, Energy Information Administration ensures the accuracy, quality, and confidentiality of the published data in the Petroleum Marketing Annual. For this production, all estimates have been recalculated since their earlier publication in the Petroleum Marketing Monthly (PMM). These calculations made use of additional data and corrections that were received after the PMM publication date.

  9. Markets & Finance - U.S. Energy Information Administration (EIA)

    U.S. Energy Information Administration (EIA) Indexed Site

    Markets & Finance Glossary › FAQS › Overview Data Market Prices and Uncertainty Charts Archive Analysis & Projections Major Topics Most popular Electricity Financial markets Financial reporting system Recurring All reports Browse by Tag Alphabetical Frequency Tag Cloud Current Issues & Trends See more › Narrowing crude oil price differences contribute to global convergence of refining profits oil/petroleumliquid fuelsinternationalrefining & processingcrack spreadprofits

  10. Impact of foreign LPG operations on domestic LPG markets

    SciTech Connect (OSTI)

    Jones, C.

    1981-01-01

    During 1978 the federal government passed legislation allowing a major increase in natural gas prices and offering hope that some portion of the supply will be allowed to reach free market levels. The mechanism for decontrol of crude oil was also put into effect. This favorable government action and higher world oil prices have led to a major resurgence in domestic exploration. In addition to the supply effects, there appears to have been a substantial demand response to the latest round of world oil price increases. The purpose of this paper is to discuss how these events have affected domestic LPG markets and pricing.