National Library of Energy BETA

Sample records for oil prices affect

  1. 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.

  2. 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.

  3. 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

  4. 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

  5. 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

  6. 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

  7. 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

  8. 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...

  9. 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...

  10. 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...

  11. 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...

  12. 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.

  13. 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

  14. 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

  15. 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

  16. 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

  17. 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

  18. 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

  19. 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

  20. 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

  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 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

  2. 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

  3. 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

  4. 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

  5. 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

  6. 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

  7. 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

  8. 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

  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 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

  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 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

  11. 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

  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 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

  13. 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

  14. 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

  15. 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

  16. 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

  17. 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

  18. 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

  19. 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

  20. 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

  1. 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

  2. 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

  3. 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

  4. 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

  5. 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

  6. 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

  7. 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

  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 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

  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 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

  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 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.

  11. 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

  12. 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

  13. 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.

  14. 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.

  15. 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

  16. 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

  17. 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

  18. 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

  19. 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

  20. 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

  1. 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

  2. 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 ...

  3. 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

  4. 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

  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. 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.

  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. 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...

  11. 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.

  12. ,"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 ...

  13. 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 ...

  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. 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 ...

  20. 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.

  1. 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

  2. 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 ...

  3. 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? ...

  4. 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 ...

  5. 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.

  6. Fact #890: September 14, 2015 Gasoline Prices Are Affected by...

    Broader source: Energy.gov (indexed) [DOE]

    Gasoline Prices Are Affected by Changes in Refinery Output File fotw890web.xlsx More Documents & Publications Fact 858 February 2, 2015 Retail Gasoline Prices in 2014 ...

  7. 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.

  8. 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.

  9. 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

  10. 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.

  11. 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...

  12. 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...

  13. 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...

  14. ,"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" ...

  15. 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

  16. 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 ...

  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. 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.

  19. 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.

  20. 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.

  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. 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.

  3. 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?

  4. 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

  5. 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

  6. 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 ...

  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. 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

  9. 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

  10. 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 ...

  11. 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...

  12. 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.

  13. ,"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 ...

  14. 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

  15. Water-related Issues Affecting Conventional Oil and Gas Recovery...

    Office of Scientific and Technical Information (OSTI)

    Water-related Issues Affecting Conventional Oil and Gas Recovery and Potential Oil-Shale Development in the Uinta Basin, Utah Michael Vanden Berg; Paul Anderson; Janae Wallace;...

  16. 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.

  17. 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.

  18. 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.

  19. 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...

  20. 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...

  1. Enhanced Oil Recovery Affects the Future Energy Mix | GE Global...

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

    Enhanced Oil Recovery Affects the Future Energy Mix Click to email this to a friend (Opens ... Enhanced Oil Recovery Affects the Future Energy Mix Trevor Kirsten 2012.11.19 One of the ...

  2. 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

  3. ,"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 ...

  4. 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...

  5. 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...

  6. Fact #890: September 14, 2015 Gasoline Prices Are Affected by Changes in

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

    Refinery Output - Dataset | Department of Energy 0: September 14, 2015 Gasoline Prices Are Affected by Changes in Refinery Output - Dataset Fact #890: September 14, 2015 Gasoline Prices Are Affected by Changes in Refinery Output - Dataset Excel file and dataset for Gasoline Prices Are Affected by Changes in Refinery Output fotw#890_web.xlsx (22.68 KB) More Documents & Publications Fact #858 February 2, 2015 Retail Gasoline Prices in 2014 Experienced the Largest Decline since 2008 -

  7. 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...

  8. 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.

  9. Water-related Issues Affecting Conventional Oil and Gas Recovery...

    Office of Scientific and Technical Information (OSTI)

    Technical Report: Water-related Issues Affecting Conventional Oil and Gas Recovery and Potential Oil-Shale Development in the Uinta Basin, Utah Citation Details In-Document Search ...

  10. Water-related Issues Affecting Conventional Oil and Gas Recovery...

    Office of Scientific and Technical Information (OSTI)

    Water-related Issues Affecting Conventional Oil and Gas Recovery and Potential Oil-Shale Development in the Uinta Basin, Utah Citation Details In-Document Search Title: Water-re...

  11. Water-related Issues Affecting Conventional Oil and Gas Recovery...

    Office of Scientific and Technical Information (OSTI)

    Water-related Issues Affecting Conventional Oil and Gas Recovery and Potential Oil-Shale Development in the Uinta Basin, Utah Citation Details In-Document Search Title: Water-relat...

  12. 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.

  13. 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.

  14. Fact #890: September 14, 2015 Gasoline Prices Are Affected by Changes in

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

    Refinery Output | Department of Energy 0: September 14, 2015 Gasoline Prices Are Affected by Changes in Refinery Output Fact #890: September 14, 2015 Gasoline Prices Are Affected by Changes in Refinery Output SUBSCRIBE to the Fact of the Week Most of the nation has enjoyed average gasoline prices below $3.00 per gallon since the beginning of 2015. California and the rest of the West Coast, however, have experienced higher gasoline prices than the rest of the nation. Although gasoline price

  15. 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...

  16. 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...

  17. 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).

  18. ,"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...

  19. 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.)

  20. 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

  1. 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.

  2. 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

  3. 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...

  4. 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...

  5. 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

  6. How gelation affects oil well cements

    SciTech Connect (OSTI)

    Kieffer, J.; Rae, P.

    1987-05-01

    One of the most common problems seen in the oil industry is that of cement gelation. Gelation can be defined as a premature viscosification or a gel-strength buildup of the cement slurry. This can have important consequences in field operations and may be so severe as to cause job failure. One of the principal difficulties encountered in dealing with cement gelation is the unpredictable nature of the phenomenon and the fact that it may manifest itself under a variety of field conditions. Thus, it may occur immediately after mixing or during the displacement when the slurry has reached circulating temperature; it occasionally is seen only during shutdowns, when the slurry is in static condition, but may appear during pumping when the slurry is under continual shear. The fact that the physico-chemical bases of gelation are complex probably accounts for the broad spectrum of conditions under which gelation can occur. Factors involved include the chemical composition of the cement powder itself, its fineness, its microstructure, the mixwater quality, the types (if any) of additive used, the rate of heat flux into the slurry as well as the final temperature to which the slurry is exposed.

  7. 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.

  8. 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.

  9. 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, ...

  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. Fact #889: September 7, 2015 Average Diesel Price Lower than...

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

    More Documents & Publications Fact 859 February 9, 2015 Excess Supply is the Most Recent Event to Affect Crude Oil Prices - Dataset Fact 860 February 16, 2015 Relationship of ...

  12. 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

  13. 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.

  14. 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.

  15. 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.

  16. Fact #859 February 9, 2015 Excess Supply is the Most Recent Event to Affect

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

    Crude Oil Prices | Department of Energy 859 February 9, 2015 Excess Supply is the Most Recent Event to Affect Crude Oil Prices Fact #859 February 9, 2015 Excess Supply is the Most Recent Event to Affect Crude Oil Prices Crude oil prices have been extremely volatile over the past few decades. World events can disrupt the flow of oil to the market or cause uncertainty about future supply or demand for oil, leading to volatility in prices. Supply disruption caused by political events, such as

  17. 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.

  18. Fact #906: January 4, 2016 VMT and the Price of Gasoline Typically...

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

    Fact 859 February 9, 2015 Excess Supply is the Most Recent Event to Affect Crude Oil Prices - Dataset Fact 889: September 7, 2015 Average Diesel Price Lower than Gasoline for ...

  19. 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

  20. Fact #859 February 9, 2015 Excess Supply is the Most Recent Event to Affect

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

    Crude Oil Prices - Dataset | Department of Energy 859 February 9, 2015 Excess Supply is the Most Recent Event to Affect Crude Oil Prices - Dataset Fact #859 February 9, 2015 Excess Supply is the Most Recent Event to Affect Crude Oil Prices - Dataset Excel file with dataset for Excess Supply is the Most Recent Event to Affect Crude Oil Prices fotw#859_web.xlsx (49.54 KB) More Documents & Publications Fact #860 February 16, 2015 Relationship of Vehicle Miles of Travel and the Price of

  1. OPEC and lower oil prices: Impacts on production capacity, export refining, domestic demand and trade balances

    SciTech Connect (OSTI)

    Fesharaki, F.; Fridley, D.; Isaak, D.; Totto, L.; Wilson, T.

    1988-12-01

    The East-West Center has received a research grant from the US Department of Energy's Office of Policy, Planning, and Analysis to study the impact of lower oil prices on OPEC production capacity, on export refineries, and petroleum trade. The project was later extended to include balance-of-payments scenarios and impacts on OPEC domestic demand. As the study progressed, a number of preliminary presentations were made at the US Department of Energy in order to receive feedback from DOE officials and to refine the focus of our analysis. During one of the presentations on June 4, 1987, the then Director of Division of Oil and Gas, John Stanley-Miller, advised us to focus our work on the Persian Gulf countries, since these countries were of special interest to the United States Government. Since then, our team has visited Iran, the United Arab Emirates, and Saudi Arabia and obtained detailed information from other countries. The political turmoil in the Gulf, the Iran/Iraq war, and the active US military presence have all worked to delay the final submission of our report. Even in countries where the United States has close ties, access to information has been difficult. In most countries, even mundane information on petroleum issues are treated as national secrets. As a result of these difficulties, we requested a one-year no cost extension to the grant and submitted an Interim Report in May 1988. As part of our grant extension request, we proposed to undertake additional tasks which appear in this report. 20 figs., 21 tabs.

  2. World oil trends

    SciTech Connect (OSTI)

    Anderson, A. )

    1991-01-01

    This book provides data on many facets of the world oil industry topics include; oil consumption; oils share of energy consumption; crude oil production; natural gas production; oil reserves; prices of oil; world refining capacity; and oil tankers.

  3. Michigan residential No. 2 fuel oil and propane price survey for the 1990/91 heating season. Final report

    SciTech Connect (OSTI)

    Not Available

    1991-10-01

    This report summarizes the results of a survey of home heating oil and propane prices over the 1990/1991 heating season in Michigan. The survey was conducted under a cooperative agreement between the State of Michigan, Michigan Public Service Commission and the US Department of Energy (DOE), Energy Information Administration (EIA), and was funded by a grant from EIA. From October 1990 through May 1991, participating dealers/distributions were called and asked for their current residential retail prices of No. 2 home heating oil and propane. This information was then transmitted to the EIA, bi-monthly using an electronic reporting system called Petroleum Data Reporting Option (PEDRO). The survey was conducted using a sample provided by EIA of home heating oil and propane retailers which supply Michigan households. These retailers were contacted the first and third Mondays of each month. The sample was designed to account for distributors with different sales volumes, geographic distributions and sources of primary supply. It should be noted that this simple is different from the sample used in prior year surveys.

  4. Michigan residential No. 2 fuel oil and propane price survey for the 1990/91 heating season

    SciTech Connect (OSTI)

    Not Available

    1991-10-01

    This report summarizes the results of a survey of home heating oil and propane prices over the 1990/1991 heating season in Michigan. The survey was conducted under a cooperative agreement between the State of Michigan, Michigan Public Service Commission and the US Department of Energy (DOE), Energy Information Administration (EIA), and was funded by a grant from EIA. From October 1990 through May 1991, participating dealers/distributions were called and asked for their current residential retail prices of No. 2 home heating oil and propane. This information was then transmitted to the EIA, bi-monthly using an electronic reporting system called Petroleum Data Reporting Option (PEDRO). The survey was conducted using a sample provided by EIA of home heating oil and propane retailers which supply Michigan households. These retailers were contacted the first and third Mondays of each month. The sample was designed to account for distributors with different sales volumes, geographic distributions and sources of primary supply. It should be noted that this simple is different from the sample used in prior year surveys.

  5. 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...

  6. 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...

  7. 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...

  8. Overview of U.S. Legislation and Regulations Affecting Offshore Natural Gas and Oil Activity

    Reports and Publications (EIA)

    2005-01-01

    This article presents a summary of the legislative and regulatory regime that affects natural gas and oil exploration and production in offshore regions of the United States. It discusses the role and importance of these areas as well as the competing interests surrounding ownership, production, exploration and conservation.

  9. Microsoft Word - Heating Oil Season.docx

    Broader source: Energy.gov (indexed) [DOE]

    4-2015 Heating Oil Season Northeast Home Heating Oil Reserve Trigger Mechanism (Cents per Gallon, Except Where Noted) Week Residential Heating Oil Price Average Brent Spot Price ...

  10. Heating oil supply/price monitoring report: Part I. Historic data, August 1978-July 1979. Part II. Current data, August 1979-May 1980

    SciTech Connect (OSTI)

    Not Available

    1980-08-01

    The 1973-1974 oil embargo brought national realization to the importance, and need for the collection and analysis of energy data. The Maine Office of Energy Resources (OER) is responsible for the establishment and implementation of energy plans and policies in the State of Maine. The Supply/Price Monitoring System has been created to assist energy planners both in Maine and the nation. This survey is used to analyze trends in home heating oil supply and price, and as a tool in responding to inquiries from: citizens, other state agencies, federal and local offices, and the Office of the Governor. This report will describe the Supply/Price Monitoring System, and the results obtained from the survey, during the period August 1, 1979 through May 31, 1980. Historical data is also provided as required by the aforementioned agreement between the OER and the US Department of Energy.

  11. Heating oil supply/price monitoring report. Part I. Historic data, August 1978-July 1979; Part II. Current data, August 1979-May 1980

    SciTech Connect (OSTI)

    Not Available

    1980-08-01

    The 1973-1974 oil embargo brought national realization to the importance, and need for the collection and analysis of energy data. The Maine Office of Energy Resources (OER) is responsible for the establishment and implementation of energy plans and policies in the State of Maine. The Supply/Price Monitoring System has been created to assist energy planners both in Maine and the nation. This survey is used to analyze trends in home heating oil supply and price, and as a tool in responding to inquiries from: citizens, other state agencies, federal and local offices, and the Office of the Governor. This report will describe the Supply/Price Monitoring System, and the results obtained from the survey, during the period August 1, 1979 through May 31, 1980. Historical data are also provided as required by the aforementioned agreement between the OER and the US Department of Energy.

  12. Forecasting the oil-gasoline price relationship: should we care about the Rockets and the Feathers?

    Gasoline and Diesel Fuel Update (EIA)

    Forecast Change 2011 2012 2013 2014 2015 2016 from 2015 United States Usage (kWh) 3,444 3,354 3,129 3,037 3,153 3,253 3.2% Price (cents/kWh) 12.06 12.09 12.58 13.04 12.95 12.98 0.2% Expenditures $415 $405 $393 $396 $408 $422 3.3% New England Usage (kWh) 2,122 2,188 2,173 1,930 1,993 2,051 2.9% Price (cents/kWh) 15.85 15.50 16.04 17.63 18.64 18.36 -1.5% Expenditures $336 $339 $348 $340 $372 $377 1.3% Mid-Atlantic Usage (kWh) 2,531 2,548 2,447 2,234 2,372 2,431 2.5% Price (cents/kWh) 16.39 15.63

  13. 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

  14. 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

  15. 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

  16. 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

  17. 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.

  18. Energy prices and capital obsolescence: evidence from the oil embargo period

    SciTech Connect (OSTI)

    Gibbons, J.C.

    1984-01-01

    Energy costs replaced maintenance costs on existing fixed assets as a determinant of optimal retirement age after the 1973-74 oil embargo. The economic aging of manufacturing facilities was the product of both normal wear-and-tear and design obsolescence. The adjustment, however, was toward substitution of other factors for capital services and replacement of outmoded asset types by other more expensive ones. The author examines data derived from a dynamic regression model showing that between 8 and 10% of an aggregate plant of the US became obsolete as a result of the embargo. 9 references, 1 figure, 3 tables.

  19. This Week In Petroleum Crude Oil Section

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

    Crude oil futures and estimated contract prices (dollars per barrel) Contract 1 Contract 2 Contract 3 Contract 4 Crude oil futures price contract 1 graph Crude oil futures price ...

  20. The Availability and Price of Petroleum and Petroleum Products...

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

    oil producing countries in the Middle East and North Africa, amid low global surplus crude oil production capacity, has also lent support to crude oil prices. A framework...

  1. 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.

  2. What Is Price Volatility

    Gasoline and Diesel Fuel Update (EIA)

    heating-degree-days than normal. Also relevant was that the prices of fuel oil and other alternative fuels were relatively high during this period. For example, the average...

  3. Crude Oil Prices

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

    ... 18.46 19.41 20.82 20.95 20.99 19.59 20.33 20.86 20.67 20.47 20.24 20.32 19.57 1997 ... 17.23 17.92 19.25 18.49 18.79 17.56 18.60 19.11...

  4. Crude Oil Prices

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

    18.49 16.46 17.27 17.37 17.31 17.08 16.68 16.63 17.21 2000 January ... 23.53 24.32 24.95 W 25.77 24.02 25.17 24.36 24.70 24.84 23.38 25.17 24.68 February ......

  5. Crude Oil Prices

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

    15.33 March ... 14.68 15.70 17.27 16.94 17.05 16.74 16.47 17.09 16.99 16.24 16.60 16.82 15.15 April ... 15.84 16.95 18.27 17.61 17.73 17.35 17.78...

  6. Visual display of reservoir parameters affecting enhanced oil recovery. Final report, September 29, 1993--September 28, 1996

    SciTech Connect (OSTI)

    Wood, J.R.

    1997-05-01

    The Pioneer Anticline, 25 miles southwest of Bakersfield, California, which has yielded oil since 1926, was the subject of a three-year study aimed at recovering more oil. A team from Michigan Technological University of Houghton, Michigan (MTU), and Digital Petrophysics, Inc. of Bakersfield, California (DPI), undertook the study as part of the Department of Energy`s Advanced Extraction and Process Technology Program. The program provides support for projects which cross-cut geoscience and engineering research in order to develop innovative technologies for increasing the recovery of some of the estimated 340 billion barrels of in-place oil remaining in U.S. reservoirs. In recent years, low prices and declining production have increased the likelihood that oil fields will be prematurely abandoned, locking away large volumes of unrecovered oil. The major companies have sold many of their fields to smaller operators in an attempt to concentrate their efforts on fewer {open_quotes}core{close_quotes} properties and on overseas exploration. As a result, small companies with fewer resources at their disposal are becoming responsible for an ever-increasing share of U.S. production. The goal of the MTU-DPI project was to make small independent producers who are inheriting old fields from the majors aware that high technology computer software is now available at relatively low cost. In this project, a suite of relatively inexpensive, PC-based software packages, including a commercial database, a multimedia presentation manager, several well-log analysis program, a mapping and cross-section program, and 2-D and 3-D visualization programs, were tested and evaluated on Pioneer Anticline in the southern San Joaquin Valley of California. These relatively inexpensive, commercially available PC-based programs can be assembled into a compatible package for a fraction of the cost of a workstation program with similar capabilities.

  7. Oil

    Broader source: Energy.gov [DOE]

    The Energy Department works to ensure domestic and global oil supplies are environmentally sustainable and invests in research and technology to make oil drilling cleaner and more efficient.

  8. Microsoft Word - Price Uncertainty Supplement.doc

    Gasoline and Diesel Fuel Update (EIA)

    November 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 November 9, 2010 Release Crude Oil Prices. WTI crude oil spot prices averaged almost $82 per barrel in October, about $7 per barrel higher than the September average, as expectations of higher oil demand pushed up prices. EIA has raised the average fourth quarter 2010 WTI spot price forecast to about $83 per barrel compared with $79 per barrel in last monthʹs Outlook. WTI spot prices rise to $87 per

  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. Fuel Oil Use in Manufacturing

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

    logo Return to: Manufacturing Home Page Fuel Oil Facts Oil Price Effect Fuel Switching Actual Fuel Switching Storage Capacity Fuel Oil Use in Manufacturing Why Look at Fuel Oil?...

  11. The Availability and Price of Petroleum and Petroleum Products...

    Gasoline and Diesel Fuel Update (EIA)

    impact demand for petroleum products. Together with robust levels of current global crude oil production, and the potential for additional Iranian exports in 2016, oil prices...

  12. Microsoft Word - Price Uncertainty Supplement .docx

    Gasoline and Diesel Fuel Update (EIA)

    1 1 January 2011 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 January 11, 2011 Release Crude Oil Prices. West Texas Intermediate (WTI) crude oil spot prices averaged over $89 per barrel in December, about $5 per barrel higher than the November average. Expectations of higher oil demand, combined with unusually cold weather in both Europe and the U.S. Northeast, contributed to prices. EIA has raised the first quarter 2011 WTI spot price forecast by $8 per barrel

  13. Microsoft Word - Price Uncertainty Supplement.doc

    Gasoline and Diesel Fuel Update (EIA)

    0 1 July 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 July 7, 2010 Release Crude Oil Prices. WTI crude oil spot prices averaged $75.34 per barrel in June 2010 ($1.60 per barrel above the prior month's average), close to the $76 per barrel projected in the forecast in last month's Outlook. EIA projects WTI prices will average about $79 per barrel over the second half of this year and rise to $84 by the end of next year (West Texas Intermediate Crude Oil Price

  14. Oil shale technology

    SciTech Connect (OSTI)

    Lee, S. (Akron Univ., OH (United States). Dept. of Chemical Engineering)

    1991-01-01

    Oil shale is undoubtedly an excellent energy source that has great abundance and world-wide distribution. Oil shale industries have seen ups and downs over more than 100 years, depending on the availability and price of conventional petroleum crudes. Market forces as well as environmental factors will greatly affect the interest in development of oil shale. Besides competing with conventional crude oil and natural gas, shale oil will have to compete favorably with coal-derived fuels for similar markets. Crude shale oil is obtained from oil shale by a relatively simple process called retorting. However, the process economics are greatly affected by the thermal efficiencies, the richness of shale, the mass transfer effectiveness, the conversion efficiency, the design of retort, the environmental post-treatment, etc. A great many process ideas and patents related to the oil shale pyrolysis have been developed; however, relatively few field and engineering data have been published. Due to the vast heterogeneity of oil shale and to the complexities of physicochemical process mechanisms, scientific or technological generalization of oil shale retorting is difficult to achieve. Dwindling supplied of worldwide petroleum reserves, as well as the unprecedented appetite of mankind for clean liquid fuel, has made the public concern for future energy market grow rapidly. the clean coal technology and the alternate fuel technology are currently of great significance not only to policy makers, but also to process and chemical researchers. In this book, efforts have been made to make a comprehensive text for the science and technology of oil shale utilization. Therefore, subjects dealing with the terminological definitions, geology and petrology, chemistry, characterization, process engineering, mathematical modeling, chemical reaction engineering, experimental methods, and statistical experimental design, etc. are covered in detail.

  15. Too early to tell on $100 oil

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

    Confidential Presentation to: April 7, 2008 Middle East oil demand and Lehman Brothers oil price outlook Adam Robinson Middle East oil demand u Three pillars of Middle East oil ...

  16. http://www.energy.gov/media/F...Biofuels_Lower_Gas_Prices.pdf...

    Broader source: Energy.gov (indexed) [DOE]

    ...F...BiofuelsLowerGasPrices.pdf (52.89 KB) More Documents & Publications Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels Biofuels & Greenhouse Gas ...

  17. Microsoft Word - Price Uncertainty Supplement.doc

    Gasoline and Diesel Fuel Update (EIA)

    April 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 April 6, 2010 Release Crude Oil Prices. WTI crude oil spot prices averaged $81 per barrel in March 2010, almost $5 per barrel above the prior month's average and $3 per barrel higher than forecast in last month's Outlook. Oil prices rose from a low this year of $71.15 per barrel on February 5 to $80 per barrel by the end of February, generally on news of robust economic and energy demand growth in non-OECD

  18. Microsoft Word - Price Uncertainty Supplement.doc

    Gasoline and Diesel Fuel Update (EIA)

    0 1 August 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 August 10, 2010 Release WTI crude oil spot prices averaged $76.32 per barrel in July 2010 or about $1 per barrel above the prior month's average, and close to the $77 per barrel projected in last month's Outlook. EIA projects WTI prices will average about $80 per barrel over the second half of this year and rise to $85 by the end of next year (West Texas Intermediate Crude Oil Price Chart). Energy price

  19. Microsoft Word - Price Uncertainty Supplement.doc

    Gasoline and Diesel Fuel Update (EIA)

    December 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 December 7, 2010 Release Crude Oil Prices. West Texas Intermediate (WTI) crude oil spot prices averaged over $84 per barrel in November, more than $2 per barrel higher than the October average. EIA has raised the average winter 2010-2011 period WTI spot price forecast by $1 per barrel from the last monthʹs Outlook to $84 per barrel. WTI spot prices rise to $89 per barrel by the end of next year, $2 per

  20. Microsoft Word - Price Uncertainty Supplement.doc

    Gasoline and Diesel Fuel Update (EIA)

    March 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 March 9, 2010 Release Crude Oil Prices. WTI crude oil spot prices averaged $76.39 per barrel in February 2010, almost $2 per barrel lower than the prior month's average and very near the $76 per barrel forecast in last month's Outlook. Last month, the WTI spot price reached a low of $71.15 on February 5 and peaked at $80.04 on February 22. EIA expects WTI prices to average above $80 per barrel this spring,

  1. Effects of Removing Restrictions on U.S. Crude Oil Exports -...

    Gasoline and Diesel Fuel Update (EIA)

    Alphabetical Frequency Tag Cloud Full report Baseline and scenario data Reference Low Oil Price High Oil and Gas Resource High Oil and Gas Resource with Low Oil Price Effects of ...

  2. Oil Refund Decisions | Department of Energy

    Broader source: Energy.gov (indexed) [DOE]

    During the period 1973 through 1981, the Federal government imposed price and allocation controls of crude oil and refined petroleum products, such as gasoline and heating oil. ...

  3. Regional variations in US residential sector fuel prices: implications for development of building energy performance standards

    SciTech Connect (OSTI)

    Nieves, L.A.; Tawil, J.J.; Secrest, T.J.

    1981-03-01

    The Notice of Proposed Rulemaking for Energy Performance Standards for New Buildings presented life-cycle-cost based energy budgets for single-family detached residences. These energy budgets varied with regional climatic conditions but were all based on projections of national average prices for gas, oil and electricity. The Notice of Proposed Rulemaking indicated that further analysis of the appropriateness of various price measures for use in setting the Standards was under way. This part of that ongoing analysis addresses the availability of fuel price projections, the variation in fuel prices and escalation rates across the US and the effects of aggregating city price data to the state, Region, or national level. The study only provides a portion of the information required to identify the best price aggregation level for developing of the standards. The research addresses some of the economic efficiency considerations necessary for design of a standard that affects heterogeneous regions. The first section discusses the effects of price variation among and within regions on the efficiency of resource allocation when a standard is imposed. Some evidence of the extreme variability in fuel prices across the US is presented. In the second section, time series, cross-sectional fuel price data are statistically analyzed to determine the similarity in mean fuel prices and price escalation rates when the data are treated at increasing levels of aggregation. The findings of this analysis are reported in the third section, while the appendices contain price distributions details. The last section reports the availability of price projections and discusses some EIA projections compared with actual prices.

  4. The Impact of Ethanol Production on U.S. and Regional Gasoline Prices and on the Profitability of the U.S. Oil Refinery Industry

    SciTech Connect (OSTI)

    Du, Xiaodong; Hayes, Dermot J.

    2008-04-01

    This report details pooled regional time-series data and panel data estimation used to quantify the impact of monthly ethanol production on monthly retail regular gasoline prices.

  5. U.S. monthly gasoline price in December on track to be lowest...

    Gasoline and Diesel Fuel Update (EIA)

    of higher crude oil prices....EIA expects there will be downward pressure on gasoline prices for the rest of this month as several oil refineries come back online after maintenance

  6. Oil industry investment and research as portfolio choices

    SciTech Connect (OSTI)

    Helfat, C.E.

    1985-01-01

    The Tobin-Markowitz portfolio selection model is used to test two hypotheses: (1) the oil price increase of 1973-74 altered the structure of oil industry risks and returns in favor of certain types of research and investment; (2) the altered structure of risks and their correlations affected the allocation of funds to capital investment and research and development in the oil industry. To test these hypotheses, the efficient frontiers of investment and R and D projects for a representative firm in the oil industry are derived empirically, pre-embargo and post-embargo. In deriving the efficient frontiers, the Tobin-Markowitz model is altered to account for an asset whose supply to the industry if fixed and whose price is determined endogenously from the portfolio selection model itself. This asset is an offshore oil tract. The government fixes the supply of offshore oil tracts to the industry, for which the firms submit sealed bids. Because the returns to investment in offshore oil covary with the returns to other types of industry investment and R and D, firms determine the price to bid for a tract in conjunction with the allocation of funds to all of the firm's projects. Both the actual expenditure shares by the industry and those predicted by the model showed an increased share of the portfolio devoted to offshore oil investment and a decreased share to other projects after the embargo.

  7. Table 1. Crude Oil Prices

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

    through 1980 reflect the month of reporting; values since then reflect the month of acquisition, which can be the month of loading, the month of landing, or sometime between those...

  8. Table 1. Crude Oil Prices

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

    from Table 24. Refiner acquisition costs -- Energy Information Administration, Form FEA-P110-M-1, "Refiners' Monthly Cost Allocation Report," January 1978 through June 1978;...

  9. Table 1. Crude Oil Prices

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

    17.54 1995 ... 14.62 15.69 16.78 17.33 17.14 17.23 a Free on Board. See Glossary. b Values through 1980 reflect the month of reporting; values...

  10. Table 1. Crude Oil Prices

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

    23.30 1996 ... 18.46 19.32 20.31 20.77 20.64 20.71 a Free on Board. See Glossary. b Values through 1980 reflect the month of reporting; values...

  11. Table 1. Crude Oil Prices

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

    16.91 1997 ... 17.23 16.94 18.11 19.61 18.53 19.04 a Free on Board. See Glossary. b Values through 1980 reflect the month of reporting; values...

  12. Oil and natural gas supply and demand trends in North America...

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

    TX By Adam Sieminski U.S. Energy Information Administration Historical and projected oil prices 2 crude oil price price per barrel (real 2010 dollars) Sources: U.S. Energy...

  13. Microsoft Word - Price Uncertainty Supplement.doc

    Gasoline and Diesel Fuel Update (EIA)

    0 1 June 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 June 8, 2010 Release Crude Oil Prices. WTI crude oil spot prices averaged less than $74 per barrel in May 2010, almost $11 per barrel below the prior month's average and $7 per barrel lower than forecast in last month's Outlook. EIA projects WTI prices will average about $79 per barrel over the second half of this year and rise to $84 by the end of next year, a decrease of about $3 per barrel from the

  14. Microsoft Word - Price Uncertainty Supplement.doc

    Gasoline and Diesel Fuel Update (EIA)

    May 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 May 11, 2010 Release Crude Oil Prices. WTI crude oil spot prices averaged $84 per barrel in April 2010, about $3 per barrel above the prior month's average and $2 per barrel higher than forecast in last month's Outlook. EIA projects WTI prices will average about $84 per barrel over the second half of this year and rise to $87 by the end of next year, an increase of about $2 per barrel from the previous Outlook

  15. 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

  16. STEO January 2013 - average gasoline prices

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

    drivers to see lower average gasoline prices in 2013 and 2014 U.S. retail gasoline prices are expected to decline over the next two years. The average pump price for regular unleaded gasoline was $3.63 a gallon during 2012. That is expected to fall to $3.44 this year and then drop to $3.34 in 2014, according to the new forecast from the U.S. Energy Information Administration. Expected lower crude oil prices.....which accounted for about two-thirds of the price of gasoline in 2012....will

  17. Microsoft PowerPoint - GlobalOilEcon.ppt

    Gasoline and Diesel Fuel Update (EIA)

    Globalization, Oil Prices and U.S. Economic Activity Stephen Brown Federal Reserve Bank of Dallas 2008 Energy Conference U.S. Energy Information Administration Globalization, Oil ...

  18. 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 ...

  19. Water-related Issues Affecting Conventional Oil and Gas Recovery and Potential Oil-Shale Development in the Uinta Basin, Utah

    SciTech Connect (OSTI)

    Berg, Michael Vanden; Anderson, Paul; Wallace, Janae; Morgan, Craig; Carney, Stephanie

    2012-04-30

    Saline water disposal is one of the most pressing issues with regard to increasing petroleum and natural gas production in the Uinta Basin of northeastern Utah. Conventional oil fields in the basin provide 69 percent of Utah?s total crude oil production and 71 percent of Utah?s total natural gas, the latter of which has increased 208% in the past 10 years. Along with hydrocarbons, wells in the Uinta Basin produce significant quantities of saline water ? nearly 4 million barrels of saline water per month in Uintah County and nearly 2 million barrels per month in Duchesne County. As hydrocarbon production increases, so does saline water production, creating an increased need for economic and environmentally responsible disposal plans. Current water disposal wells are near capacity, and permitting for new wells is being delayed because of a lack of technical data regarding potential disposal aquifers and questions concerning contamination of freshwater sources. Many companies are reluctantly resorting to evaporation ponds as a short-term solution, but these ponds have limited capacity, are prone to leakage, and pose potential risks to birds and other wildlife. Many Uinta Basin operators claim that oil and natural gas production cannot reach its full potential until a suitable, long-term saline water disposal solution is determined. The enclosed project was divided into three parts: 1) re-mapping the base of the moderately saline aquifer in the Uinta Basin, 2) creating a detailed geologic characterization of the Birds Nest aquifer, a potential reservoir for large-scale saline water disposal, and 3) collecting and analyzing water samples from the eastern Uinta Basin to establish baseline water quality. Part 1: Regulators currently stipulate that produced saline water must be disposed of into aquifers that already contain moderately saline water (water that averages at least 10,000 mg/L total dissolved solids). The UGS has re-mapped the moderately saline water boundary

  20. Microsoft Word - Price Probabilities Supplement.doc

    Gasoline and Diesel Fuel Update (EIA)

    0 1 April 2010 Short-Term Energy Outlook Supplement: Probabilities of Possible Future Prices 1 EIA introduced a monthly analysis of energy price volatility and forecast uncertainty in the October 2009 Short-Term Energy Outlook (STEO). Included in the analysis were charts portraying confidence intervals around the New York Mercantile Exchange (NYMEX) futures prices of West Texas Intermediate (equivalent to light sweet crude oil) and Henry Hub natural gas contracts. The March 2010 STEO added

  1. Implications of lifting the ban on the export of Alaskan crude oil

    SciTech Connect (OSTI)

    Not Available

    1990-03-26

    Present legislation effectively bans the export of crude oil produced in the United States. The ban has been in effect for years and is particularly stringent with respect to crude oil produced in Alaska, particularly on the North Slope. The Alaska crude export ban is specifically provided for in the Trans-Alaska Pipeline Authorization Act of 1973 and in other legislation. It was imposed for two reasons. The first was to reduce US dependence on imported crude oil. The Arab oil embargo had been imposed shortly before the Act was passed and a greater measure of energy independence was considered imperative at that time. The second reason was to assure that funds expended in building an Alaskan pipeline would benefit domestic users rather than simply employed to facilitate shipments to other countries. The main objective of this report is to estimate the potential impacts on crude oil prices that would result from lifting the export ban Alaskan crude oil. The report focuses on the Japanese market and the US West Coast market. Japan is the principal potential export market for Alaskan crude oil. Exports to that market would also affect the price of Alaskan crude oil as well as crude oil and product prices on the West Coast and the volume of petroleum imported in that area. 3 figs., 8 tabs.

  2. Natural Gas Wellhead Price

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

    Pipeline and Distribution Use Price City Gate Price Residential Price Percentage of Total Residential Deliveries included in Prices Commercial Price Percentage of Total Commercial Deliveries included in Prices Industrial Price Percentage of Total Industrial Deliveries included in Prices Vehicle Fuel Price Electric Power Price Period: Monthly Annual Download Series History Download Series History Definitions, Sources & Notes Definitions, Sources & Notes Show Data By: Data Series Area 2010

  3. SUBTASK 1.7 EVALUATION OF KEY FACTORS AFFECTING SUCCESSFUL OIL PRODUCTION IN THE BAKKEN FORMATION, NORTH DAKOTA PHASE II

    SciTech Connect (OSTI)

    Darren D. Schmidt; Steven A. Smith; James A. Sorensen; Damion J. Knudsen; John A. Harju; Edward N. Steadman

    2011-10-31

    Production from the Bakken and Three Forks Formations continues to trend upward as forecasts predict significant production of oil from unconventional resources nationwide. As the U.S. Geological Survey reevaluates the 3.65 billion bbl technically recoverable estimate of 2008, technological advancements continue to unlock greater unconventional oil resources, and new discoveries continue within North Dakota. It is expected that the play will continue to expand to the southwest, newly develop in the northeastern and northwestern corners of the basin in North Dakota, and fully develop in between. Although not all wells are economical, the economic success rate has been near 75% with more than 90% of wells finding oil. Currently, only about 15% of the play has been drilled, and recovery rates are less than 5%, providing a significant future of wells to be drilled and untouched hydrocarbons to be pursued through improved stimulation practices or enhanced oil recovery. This study provides the technical characterizations that are necessary to improve knowledge, provide characterization, validate generalizations, and provide insight relative to hydrocarbon recovery in the Bakken and Three Forks Formations. Oil-saturated rock charged from the Bakken shales and prospective Three Forks can be produced given appropriate stimulation treatments. Highly concentrated fracture stimulations with ceramic- and sand-based proppants appear to be providing the best success for areas outside the Parshall and Sanish Fields. Targeting of specific lithologies can influence production from both natural and induced fracture conductivity. Porosity and permeability are low, but various lithofacies units within the formation are highly saturated and, when targeted with appropriate technology, release highly economical quantities of hydrocarbons.

  4. Economic model for seaborne oil trade. Master`s thesis

    SciTech Connect (OSTI)

    Kian-Wah, H.

    1996-03-01

    This thesis aims to provide some insights as to how oil prices and oil flows might vary with the carrying capacity of the tanker fleet as affected by political events. It provides an econometric analysis of tanker freight rates in the modern era and proposes a mathematical (quadratic) programming economic model that links the crude oil market to the supply elasticity of the world oil tanker fleet based on a competitive economy. The economic model can be considered as a version of the Walras-Cassel general-equilibrium system which possesses an economically meaningful equilibrium solution in terms of oil prices, freight rates and the pattern of oil distribution. The implementation of the model is completed using the General Algebraic Modeling System (GAMS). The study concludes with a scenario study showing how the model could be used to examine the importance of South East Asia`s sealanes in world seaborne oil trade. The model shows the economic vulnerability of oil importing nations, especially Japan, the United States, and Western Europe, to a possible closure of South East Asian sealanes.

  5. 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.

  6. Study of Reservoir Heterogencities and Structural Features Affecting Production in the Shallow Oil Zone, Eastern Elk Hills Area, California

    SciTech Connect (OSTI)

    Janice Gillespie

    2004-11-01

    Late Neogene (Plio-Pleistocene) shallow marine strata of the western Bakersfield Arch and Elk Hills produce hydrocarbons from several different reservoirs. This project focuses on the shallow marine deposits of the Gusher and Calitroleum reservoirs in the Lower Shallow Oil Zone (LSOZ). In the eastern part of the study area on the Bakersfield Arch at North and South Coles Levee field and in two wells in easternmost Elk Hills, the LSOZ reservoirs produce dry (predominantly methane) gas. In structurally higher locations in western Elk Hills, the LSOZ produces oil and associated gas. Gas analyses show that gas from the eastern LSOZ is bacterial and formed in place in the reservoirs, whereas gas associated with oil in the western part of the study area is thermogenic and migrated into the sands from deeper in the basin. Regional mapping shows that the gas-bearing LSOZ sands in the Coles Levee and easternmost Elk Hills area are sourced from the Sierra Nevada to the east whereas the oil-bearing sands in western Elk Hills appear to be sourced from the west. The eastern Elk Hills area occupied the basin depocenter, farthest from either source area. As a result, it collected mainly low-permeability offshore shale deposits. This sand-poor depocenter provides an effective barrier to the updip migration of gases from east to west. The role of small, listric normal faults as migration barriers is more ambiguous. Because our gas analyses show that the gas in the eastern LSOZ reservoirs is bacterial, it likely formed in-place near the reservoirs and did not have to migrate far. Therefore, the gas could have been generated after faulting and accumulated within the fault blocks as localized pools. However, bacterial gas is present in both the eastern AND western parts of Elk Hills in the Dry Gas Zone (DGZ) near the top of the stratigraphic section even though the measured fault displacement is greatest in this zone. Bacterial gas is not present in the west in the deeper LSOZ which

  7. OPEC's maximum oil revenue will be $80 billion per year

    SciTech Connect (OSTI)

    Steffes, D.W.

    1986-01-01

    OPEC's income from oil is less than $80 billion this year, only one fourth its 1981 revenue. The optimum revenue OPEC can expect is 15 MBB/D at $15/barrel. Energy conservation will continue despite falling prices because consumers no longer feel secure that OPEC can deliver needed supplies. Eleven concepts which affect the future world economic outlook include dependence upon petroleum and petroleum products, the condition of capital markets, low energy and commodity prices, the growth in money supply without a corresponding growth in investment, and the high debt level of the US and the developing countries.

  8. Balancing oil and environment... responsibly.

    SciTech Connect (OSTI)

    Weimer, Walter C.; Teske, Lisa

    2007-01-25

    Balancing Oil and Environment…Responsibly As the price of oil continues to skyrocket and global oil production nears the brink, pursuing unconventional oil supplies, such as oil shale, oil sands, heavy oils, and oils from biomass and coal has become increasingly attractive. Of particular significance to the American way is that our continent has significant quantities of these resources. Tapping into these new resources, however, requires cutting-edge technologies for identification, production, processing and environmental management. This job needs a super hero or two for a job of this size and proportion…

  9. 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

  10. 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

  11. U.S. oil production forecast update reflects lower rig count

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

    U.S. oil production forecast update reflects lower rig count Lower oil prices and fewer rigs drilling for crude oil are expected to slow U.S. oil production growth this year and in ...

  12. U.S. gasoline prices expected to be cheaper in the second half...

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

    gallon in the current third quarter and 3.33 in the fourth quarter. Pump prices are expected to fall as crude oil prices begin to decline and the summer driving season winds down. ...

  13. Short-Term Energy Outlook Model Documentation: Petroleum Product Prices Module

    Reports and Publications (EIA)

    2015-01-01

    The petroleum products price module of the Short-Term Energy Outlook (STEO) model is designed to provide U.S. average wholesale and retail price forecasts for motor gasoline, diesel fuel, heating oil, and jet fuel.

  14. 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.

  15. Visual display of reservoir parameters affecting enhanced oil recovery. Annual report, October 1, 1994--September 30, 1995

    SciTech Connect (OSTI)

    Wood, J.R.

    1996-03-01

    The purpose of this project is to provide a detailed example, based on a field trial, of how to evaluate a field for enhanced oil recovery (EOR) operations utilizing data typically available in a field that has undergone primary development. The approach will utilize readily available, affordable computer software and analytical services. For example, the GeoGraphix Exploration System software package was acquired, installed on a PC in the Subsurface Laboratory at Michigan Technological University, and is currently in use. The USGS Digital Land Grid and National Geophysical Data Center`s Gravity Data CDROM were acquired and installed on GeoGraphix. Microsoft Access databases are being developed to archive analytical data and digitized log traces. Data tables for geochemical and petrographic data, well logs, well header information, well production data, formation tops, and fault trace data have been completed. A new effort was initiated during the last quarter of 1995. The surface geological maps of the southern San Joaquin Valley were digitized and loaded into the computer drafting program Canvas where they were edited combined into one large map and colored. When completed, the integrated map will be printed in large format on the HP650C color plotter.

  16. 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 ...

  17. Natural Gas Citygate Price

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

    Pipeline and Distribution Use Price Citygate Price Residential Price Commercial Price Industrial Price Vehicle Fuel Price Electric Power Price Proved Reserves as of 12/31 Reserves Adjustments Reserves Revision Increases Reserves Revision Decreases Reserves Sales Reserves Acquisitions Reserves Extensions Reserves New Field Discoveries New Reservoir Discoveries in Old Fields Estimated Production Number of Producing Gas Wells Gross Withdrawals Gross Withdrawals From Gas Wells Gross Withdrawals From

  18. Average Commercial Price

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

    Pipeline and Distribution Use Price Citygate Price Residential Price Commercial Price Industrial Price Vehicle Fuel Price Electric Power Price Proved Reserves as of 12/31 Reserves Adjustments Reserves Revision Increases Reserves Revision Decreases Reserves Sales Reserves Acquisitions Reserves Extensions Reserves New Field Discoveries New Reservoir Discoveries in Old Fields Estimated Production Number of Producing Gas Wells Gross Withdrawals Gross Withdrawals From Gas Wells Gross Withdrawals From

  19. Average Residential Price

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

    Pipeline and Distribution Use Price Citygate Price Residential Price Commercial Price Industrial Price Vehicle Fuel Price Electric Power Price Proved Reserves as of 12/31 Reserves Adjustments Reserves Revision Increases Reserves Revision Decreases Reserves Sales Reserves Acquisitions Reserves Extensions Reserves New Field Discoveries New Reservoir Discoveries in Old Fields Estimated Production Number of Producing Gas Wells Gross Withdrawals Gross Withdrawals From Gas Wells Gross Withdrawals From

  20. U.S. monthly oil production tops 8 million barrels per day for...

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

    Pump prices are up compared to last year mostly because of higher crude oil costs. Recent unrest Iraq has put upward pressure on oil prices, which account for about two-thirds of ...

  1. Visual display of reservoir parameters affecting enhanced oil recovery. Annual report, October 1, 1995--September 30, 1996

    SciTech Connect (OSTI)

    Wood, J.R.

    1997-04-01

    The Multimedia Database Management System (MDMS) has been developed in the commercial software package Toolbook. Design and implementation, which was carried out by C. Asiala, is now essentially complete. Regional location maps of southern San Joaquin Valley oil fields, structure contour maps of the Pioneer area, core photos, core data, thin-section and SEM photomicrographs of core materials, structural cross sections through Pioneer Anticline, an atlas of photomicrographs; illustrating typical diagenetic features observed in San Joaquin Valley petroleum reservoirs, elemental and spectral data collected on Fourier Transform Infrared Spectroscopy (FTIR) standards, and all quarterly and annual reports submitted to DOE for this project were scanned into the MDMS. All data and information are accessible through dropdown menus and hotlinks in a Table of Contents. A tutorial is presented up front to guide users through the MDMS and instruct them on the various ways in which data can be viewed and retrieved. Version 1.0 of the MDMS was written to CD ROM and distributed to participants in a Technology Transfer Workshop in Bakersfield, CA, in September, 1996. Version 1.1, which contains additional information and has been reorganized for easier use, is nearing completion. All measured and computed log curves (computed curves represent parameters such as porosity, water saturation, and clay content, which were calculated from the measured log traces using specially developed algorithms) for the 45+ project wells on Pioneer Anticline are now in the MDMS in LAS (log ASCII) format, and can be exported to any commercial log evaluation program for manipulation and analysis. All log curves were written to the CD ROM in digital format.

  2. 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.

  3. 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.

  4. Price controls and international petroleum product prices

    SciTech Connect (OSTI)

    Deacon, R.T.; Mead, W.J.; Agarwal, V.B.

    1980-02-01

    The effects of Federal refined-product price controls upon the price of motor gasoline in the United States through 1977 are examined. A comparison of domestic and foreign gasoline prices is made, based on the prices of products actually moving in international trade. There is also an effort to ascribe US/foreign market price differentials to identifiable cost factors. Primary emphasis is on price comparisons at the wholesale level, although some retail comparisons are presented. The study also examines the extent to which product price controls are binding, and attempts to estimate what the price of motor gasoline would have been in the absence of controls. The time period under consideration is from 1969 through 1977, with primary focus on price relationships in 1970-1971 (just before US controls) and 1976-1977. The foreign-domestic comparisons are made with respect to four major US cities, namely, Boston, New York, New Orleans, and Los Angeles. 20 figures, 14 tables.

  5. California energy prices 1980-2000. Staff report

    SciTech Connect (OSTI)

    Cauchois, S.; Ward, D.; Merritt, M.

    1981-07-01

    The report provides semiannual 20-year forecasts of electricity and primary fuel prices. Its purposes is to review current and past trends in energy prices as well as report on the California Energy Commission staff's periodic price forecasts. Both in actual and inflation-adjusted terms, energy prices are expected to continue to rise in the next 20 years, although not at the extreme rates witnessed during the 1973-1974 oil embargo and again in 1979. The impact of rising energy prices of electricity, natural gas, gasoline, coal, and petroleum on a hypothetical California household's energy bill (based on estimated 1980 consumption) is characterized. Although price increases will not be easy to sustain, the proven and anticipated abilities of households and businesses to adjust to higher prices will mitigate the impacts of higher energy prices so that they are consistent with a growing state economy and improved standard of living.

  6. 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,

  7. High-price energy strategy failing

    SciTech Connect (OSTI)

    Gonze, R.

    1981-03-01

    An energy policy based on decontrol and high energy prices to allocate resources is examined and found wanting. An economic penalty results when the oil companies can operate as a virtual monopoly to set prices for other fuels as well as oil. The impact on consumers is a lowered standard of living and social inequity. Government intervention that is pro-competition is shown to be as inadequate as price control. A list of twelve measures that would moderate the economic losses and still encourage energy production and conservation include strong antitrust action, an active federal coal leasing program, competitive coal transactions, limits on severance taxes, a permanent windfall profits tax, and direct subsidy programs. (DCK)

  8. Fact #860 February 16, 2015 Relationship of Vehicle Miles of Travel and the Price of Gasoline

    Broader source: Energy.gov [DOE]

    The prices of gasoline and diesel fuel affect the transportation sector in many ways. For example, fuel prices can impact the number of miles driven and affect the choices consumers make when...

  9. 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.

  10. Heavy oil expansions gather momentum worldwide

    SciTech Connect (OSTI)

    Moritis, G.

    1995-08-14

    Cold production, wormholes, foamy oil mechanism, improvements in thermal methods, and horizontal wells are some of the processes and technologies enabling expansion of the world`s heavy oil/bitumen production. Such processes were the focus of the International Heavy Oil Symposium in Calgary, June 19--21. Unlike conventional oil production, heavy oil/bitumen extraction is more a manufacturing process where technology enables the business and does not just add value. The current low price spreads between heavy oil/light oil indicate that demand for heavy oil is high. The paper first discusses the price difference between heavy and light oils, then describes heavy oil production activities in Canada at Cold Lake, in Venezuela in the Orinoco belt, and at Kern River in California.