National Library of Energy BETA

Sample records for world oil prices

  1. 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.

  2. 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

  3. 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.

  4. 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.

  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. 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.

  7. 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.

  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. 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.

  10. 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.

  11. Residential heating oil price

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

    heating oil price decreases The average retail price for home heating oil fell 7.6 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

  12. Residential heating oil price

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

    heating oil price decreases The average retail price for home heating oil fell 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

  13. Residential heating oil price

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

    heating oil price decreases The average retail price for home heating oil fell 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

  14. 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

  15. 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

  16. 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...

  17. 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...

  18. 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...

  19. 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...

  20. 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.

  1. 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.

  2. 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

  3. 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 ...

  4. 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

  5. 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

  6. Residential heating oil price decreases

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

    heating oil price decreases The average retail price for home heating oil fell 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

  7. Residential heating oil price decreases

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

    heating oil price decreases The average retail price for home heating oil fell 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

  8. Residential heating oil price decreases

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

    heating oil price decreases The average retail price for home heating oil fell 5 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

  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 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

  10. 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

  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 1.9 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

  12. 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

  13. 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

  14. 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

  15. Residential heating oil price decreases

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

    Residential heating oil price decreases The average retail price for home heating oil fell 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

  16. 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

  17. Residential heating oil price decreases

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

    Residential heating oil price increases The average retail price for home heating oil rose 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

  18. Residential heating oil price decreases

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

    Residential heating oil price increases The average retail price for home heating oil rose 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

  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 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

  20. Residential heating oil price decreases

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

    heating oil price decreases The average retail price for home heating oil fell 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

  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 1.5 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

  2. Residential heating oil price decreases

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

    heating oil price decreases The average retail price for home heating oil fell 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

  3. Residential heating oil price decreases

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

    heating oil price decreases The average retail price for home heating oil fell 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

  4. Residential heating oil price decreases

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

    heating oil price decreases The average retail price for home heating oil fell 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

  5. Residential heating oil price decreases

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

    heating oil price decreases The average retail price for home heating oil fell 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

  6. 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

  7. 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

  8. 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

  9. Residential heating oil prices decline

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

    heating oil price decreases The average retail price for home heating oil fell 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

  10. 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

  11. 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

  12. 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

  13. 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

  14. 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

  15. 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

  16. Residential heating oil prices increase

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

    heating oil prices increase The average retail price for home heating oil rose 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

  17. Residential heating oil prices increase

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

    heating oil prices increase The average retail price for home heating oil rose 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

  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 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

  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 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

  20. Residential heating oil price decreases

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

    heating oil price decreases The average retail price for home heating oil fell 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.

  1. 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

  2. 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

  3. Residential heating oil price decreases

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

    heating oil price decreases The average retail price for home heating oil fell 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.

  4. 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.

  5. 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

  6. 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

  7. Residential heating oil price increases

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

    heating oil price increases The average retail price for home heating oil rose 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

  8. 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

  9. 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

  10. 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

  11. 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

  12. 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

  13. 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 ...

  14. 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

  15. Sixth special price report: world petroleum-product prices

    SciTech Connect (OSTI)

    Not Available

    1984-01-11

    Twice annually, Energy Detente accesses its own twice-monthly supplement, the Fuel Price/Tax Series, for an overview of how prices and taxes for refined petroleum products from natural gas to asphalt for end-users are changing. In this issue, it also updates its review of individual nations' pricing as to controls or free-market practices. The front cover chart reveals that, in terms of US dollars, the world average price of regular leaded (RL) gasoline is US $1.63, and high-octane leaded is US $1.78 - a difference of about 9%. A table details RL retail prices, the taxes pertaining to them, the percentages that those taxes are of prices, plus the January 1983 prices and the price change in US dollars over the period. In terms of US dollars, most price changes since January 1983 appear negative - particularly in the cases of Bolivia, El Salvador, and Nicaragua. A view of actual market price changes in terms of national currencies is depicted in another table. The fuel price/tax series and the principal industrial fuel prices are presented for January 1984 for countries of the Eastern Hemisphere.

  16. 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.

  17. 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

  18. 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

  19. 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

  20. 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 ...

  1. 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...

  2. ,"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 ...

  3. 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 ...

  4. Stochastic Energy Deployment System (SEDS) World Oil Model (WOM)

    Energy Science and Technology Software Center (OSTI)

    2009-08-07

    The function of the World Oil Market Model (WOMM) is to calculate a world oil price. SEDS will set start and end dates for the forecast period, and a time increment (assumed to be 1 year in the initial version). The WOMM will then randomly select an Annual Energy Outlook (AEO) oil price case and calibrate itself to that case. As it steps through each year, the WOMM will generate a stochastic supply shock tomore » OPEC output and accept a new estimate of U.S. petroleum demand from SEDS. The WOMM will then calculate a new oil market equilibrium for the current year. The world oil price at the new equilibrium will be sent back to SEDS. When the end year is reached, the process will begin again with the selection of a new AEO forecast. Iterations over forecasts will continue until SEDS has completed all its simulation runs.« less

  5. Stochastic Energy Deployment System (SEDS) World Oil Model (WOM)

    SciTech Connect (OSTI)

    2009-08-07

    The function of the World Oil Market Model (WOMM) is to calculate a world oil price. SEDS will set start and end dates for the forecast period, and a time increment (assumed to be 1 year in the initial version). The WOMM will then randomly select an Annual Energy Outlook (AEO) oil price case and calibrate itself to that case. As it steps through each year, the WOMM will generate a stochastic supply shock to OPEC output and accept a new estimate of U.S. petroleum demand from SEDS. The WOMM will then calculate a new oil market equilibrium for the current year. The world oil price at the new equilibrium will be sent back to SEDS. When the end year is reached, the process will begin again with the selection of a new AEO forecast. Iterations over forecasts will continue until SEDS has completed all its simulation runs.

  6. 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,

  7. 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

  8. 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

  9. 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

  10. 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

  11. 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 ...

  12. World Oil Transit Chokepoints

    Reports and Publications (EIA)

    2012-01-01

    Chokepoints are narrow channels along widely used global sea routes, some so narrow that restrictions are placed on the size of vessel that can navigate through them. They are a critical part of global energy security due to the high volume of oil traded through their narrow straits.

  13. 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.

  14. 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

  15. World frontiers beckon oil finders

    SciTech Connect (OSTI)

    Not Available

    1991-09-01

    This paper discusses the international aspects of the petroleum industry. Most who work in the industry agree that the possibilities for huge are found largely in international regions. Something that is helping fuel that possibility is the way countries are increasingly opening their doors to US oil industry involvement. Listed in this paper is a partial list of the reported projects now underway around the world involving US companies. It is not intended to be comprehensive, but rather an indication of how work continues despite a general lull atmosphere for the oil industry. These include Albania, Bulgaria, Congo, Czechoslovakia, Dominican Republic, Ethiopia, Ireland, Malta, Madagascar, Mongolia, Mozambique, Nigeria, Panama, Paraquay, and Senegal.

  16. 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 ...

  17. 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? ...

  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. 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 ...

  20. Peaking of world oil production: Impacts, mitigation, & risk management

    SciTech Connect (OSTI)

    Hirsch, R.L.; Bezdek, Roger; Wendling, Robert

    2005-02-01

    The peaking of world oil production presents the U.S. and the world with an unprecedented risk management problem. As peaking is approached, liquid fuel prices and price volatility will increase dramatically, and, without timely mitigation, the economic, social, and political costs will be unprecedented. Viable mitigation options exist on both the supply and demand sides, but to have substantial impact, they must be initiated more than a decade in advance of peaking.... The purpose of this analysis was to identify the critical issues surrounding the occurrence and mitigation of world oil production peaking. We simplified many of the complexities in an effort to provide a transparent analysis. Nevertheless, our study is neither simple nor brief. We recognize that when oil prices escalate dramatically, there will be demand and economic impacts that will alter our simplified assumptions. Consideration of those feedbacks will be a daunting task but one that should be undertaken. Our aim in this study is to-- • Summarize the difficulties of oil production forecasting; • Identify the fundamentals that show why world oil production peaking is such a unique challenge; • Show why mitigation will take a decade or more of intense effort; • Examine the potential economic effects of oil peaking; • Describe what might be accomplished under three example mitigation scenarios. • Stimulate serious discussion of the problem, suggest more definitive studies, and engender interest in timely action to mitigate its impacts.

  1. 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

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

    SciTech Connect (OSTI)

    Erfle, Stephen; Pound, John; Kalt, Joseph

    1981-04-01

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

  3. 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...

  4. 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...

  5. 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...

  6. ,"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" ...

  7. Updated Hubbert curves analyze world oil supply

    SciTech Connect (OSTI)

    Ivanhoe, L.F.

    1996-11-01

    The question is not whether, but when, world crude oil production will start to decline, ushering in the permanent oil shock era. While global information for predicting this event is not so straightforward as the data M. King Hubbert used in creating his famous Hubbert Curve that predicted the US (Lower 48 states, or US/48) 1970 oil production peak, there are strong indications that most of the world`s large exploration targets have now been found. Meanwhile, the earth`s population is exploding along with the oil needs of Asia`s developing nations. This article reviews Hubbert`s original analyses on oil discovery and production curves for the US/48 and projects his proven methodology onto global oil discoveries and production as of 1992. The world`s oil discovery curve peaked in 1962, and thence declined, as a Hubbert Curve predicts. However, global production was restricted after the 1973 Arab oil embargo. Otherwise, world production would have peaked in the mid-1990s. Two graphs show alternate versions of future global oil production.

  8. 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

  9. 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.

  10. Benin: World Oil Report 1991

    SciTech Connect (OSTI)

    Not Available

    1991-08-01

    This paper reports Ashland discovered additional oil reserves deeper than current production in Seme, Benin's only oil field. The field is on a steep decline, producing as little as 2,500 bopd, down from 7,671 bopd in 1984. In an effort to restart offshore exploration, three offshore blocks have been designated. Hardy Oil and Gas (UK) Ltd. has since acquired 20% interest in Blocks 1 and 2 from International Petroleum Ltd. (IPL). IPL completed seismic work during 1990 that identified two large channel prospects similar to those that produce offshore elsewhere in West Africa. The first well is expected in 1991.

  11. 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.

  12. Bolivia: World Oil Report 1991

    SciTech Connect (OSTI)

    Not Available

    1991-08-01

    This paper reports that, reflecting the trend in some of its neighbors, Bolivia has been moving toward ending state oil company YPFB's dominance over E and P. YPFB has controlled two-thirds of the oil fields, but that figure may decline in the future. A new petroleum law due for enactment this year would allow foreign companies to work in landlocked Bolivia either as risk operators or as in association with YPFB. Once a field is declared commercial, YPFB would come in to participate, but operators would be able to repatriate their earnings.

  13. 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.

  14. Ecuador: World Oil Report 1991

    SciTech Connect (OSTI)

    Not Available

    1991-08-01

    This paper reports that there has been considerable turbulence in Ecuador's E and P sector over the last year. For instance, Energy Minister Diego Tramariz was replaced by the country's Congress after he raised subsidized fuel prices. Ecuadoran and U.S. environmentalists, meanwhile, raised a firestorm of controversy over the on-again, off- again development of Conoco's Block 16 in Yasuni National Park. Finally, Unocal and PetroCanada this spring terminated their respective drilling operations after fruitless multiwell efforts. New Energy Minister Donald Castillo certainly has his work cut out in attempting to maintain stability in upstream activity. To that end, Castillo has stated that one of his top priorities will be to maintain a good working relationship with foreign operators. He also expected a seventh round of exploratory blocks to be offered before summer's end to shore up activity. Castillo reiterated in public statements that he stands by the administration's existing energy policies, including development of Block 16.

  15. 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.

  16. 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,

  17. 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.

  18. Philippines: World Oil Report 1991

    SciTech Connect (OSTI)

    Khin, J.A. )

    1991-08-01

    This paper reports on the discovery of a major oil field in the West Linapacan area, plus encouraging signs from the Calauit 1B, both offshore Palawan, that have prompted foreign and local firms to increase exploration activity, which should result in the drilling of 22 wells this year, compared to only seven during 1990. The West Linapacan well is reported to have potential recoverable reserves of 109 million bbl, and a consortium led by Alcorn (Production) Philippines plans a two-phase development of the discovery, beginning with two or three follow-up wells. These will be part of the seven additional wells the Office of Energy Affairs has approved for 1991 or early 1992. The OEA expects production from West Linapacan to start by 1992 at an initial rate of 15,000 to 20,000 bopd.

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

    Gasoline and Diesel Fuel Update (EIA)

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

  20. 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.

  1. 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

  2. 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

  3. 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 ...

  4. 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

  5. World oil inventories forecast to grow significantly in 2016...

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

    World oil inventories forecast to grow significantly in 2016 and 2017 Global oil inventories are expected to continue strong growth over the next two years which should keep oil ...

  6. 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.

  7. 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.

  8. 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

  9. World oil - An essay on its spectacular 120-year rise (1859-1979), recent decline, and uncertain future

    SciTech Connect (OSTI)

    Linden, H.R.

    1987-01-01

    An analysis of the evolution of the oil security problems of import-dependent industrialized countries and of the rise and recent erosion of the market power of the major oil exporting countries, particularly those located in the Persian Gulf area. The counterproductive reaction of the United States and other large oil importers to the resulting oil supply and price instability, especially since the 1973-74 oil embargo, is critiqued. In addition, the synergism between the early commercialization of crude oil production and refining in the United States and the development of the automobile industry is discussed, and the long-term outlook for oil-base transportation fuels is assessed. OPEC's role in destabilizing the world oil market during the 1970s and its current efforts to restabilize it are evaluated, as is the likely future course of world oil prices and of U.S. and other non-OPEC production. An important finding of this study is that the share of oil in the world energy mix has peaked and will continue its downward trend and that recurring expectations for a sharp escalation of world oil prices and shortages are based on erroneous assessments of the fundamentals governing the oil business.

  10. 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...

  11. 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 ...

  12. ,"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 ...

  13. 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.

  14. World heavy oil and bitumen riches - update 1983: Part two, production

    SciTech Connect (OSTI)

    Not Available

    1983-06-08

    Despite world recession, overabundance of conventional oil and light product supplies, softer oil prices, and certain important reversals in development policies, worldwide production of heavy and extra-heavy crude oil increased 11.3% in 1982 compared to 1981; latest 1983 data confirm this trend. For the top ten heavy-oil-producing nations, the increase was 17.7% over the same period, mainly due to increases in Venezuela, Mexico, and Nigeria. In 1981, world heavy and extra-heavy crude production was 6.1% of world conventional oil production; in 1982 it increased to 7.2%. Bitumen production in Canada, the only country with 1982 production figures, increased 46% over 1981. It is probable that further technological advances and experimentation in other countries, including the Soviet Union, have resulted in other bitumen production increases as well. Although multinational cooperation in research for extraction, upgrading, and transportation of heavy crudes and bitumens has not grown to the extent that many industry experts had hoped, several broad areas of cooperation stand supported and many of them have been strengthened. Such progress in the face of economic and political uncertainties are demonstrations of world leadership for the next petroleum age. This issue presents the Energy Detente fuel price/tax series and industrial fuel prices for June 1983 for countries of the Eastern Hemisphere.

  15. Coal pricing in China: Issues and reform strategy. World Bank discussion paper

    SciTech Connect (OSTI)

    Albouy, Y.

    1991-01-01

    The study assesses the magnitude of coal price distortions left in place by the dual track pricing approach to price reform implemented by China in the 1980s; it examines the economic and financial costs of these distortions and identifies the potential winners and losers of pricing improvements. Finally the report outlines a strategy for gradual price adjustments and liberalization in the coal sector. (Copyright (c) 1991 The International Bank for Reconstruction and Development/The World Bank.)

  16. Fact #569: May 4, 2009 Gasoline Prices Around the World | Department of

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

    Energy 9: May 4, 2009 Gasoline Prices Around the World Fact #569: May 4, 2009 Gasoline Prices Around the World A survey of worldwide gasoline prices for February and March, 2009, shows that European countries had the highest prices for gasoline with the Netherlands topping the list at $6.25 per gallon. The price for gasoline in the United States was about one third as much as northern European nations. Petroleum producing nations with government-controlled pricing such as Venezuela and Iran

  17. 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

  18. 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.

  19. 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.

  20. 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.

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

    Gasoline and Diesel Fuel Update (EIA)

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

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

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

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

  4. 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

  5. Price-responsive demand management for a smart grid world

    SciTech Connect (OSTI)

    Chao, Hung-po

    2010-01-15

    Price-responsive demand is essential for the success of a smart grid. However, existing demand-response programs run the risk of causing inefficient price formation. This problem can be solved if each retail customer could establish a contract-based baseline through demand subscription before joining a demand-response program. (author)

  6. ,"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 ...

  7. 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...

  8. 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...

  9. 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.

  10. 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.

  11. 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...

  12. Fact #578: July 6, 2009 World Oil Reserves, Production, and Consumptio...

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

    8: July 6, 2009 World Oil Reserves, Production, and Consumption, 2007 Fact 578: July 6, 2009 World Oil Reserves, Production, and Consumption, 2007 The United States was ...

  13. Papua New Guinea: World Oil Report 1991

    SciTech Connect (OSTI)

    Not Available

    1991-08-01

    This paper reports on oil exploration which is booming in Papua New Guinea (PNG) following a rash of license applications and farm-ins. Most activity is onshore, but success is beginning to drift offshore. Currently, 40 petroleum prospecting licenses (PPL) and one producing license are active, and eight more PPL applications are being considered. PNG is expected to become an oil exporter by September 1992 when initial production is expected from Iagifu, Hedina and Agogo fields.

  14. New Zealand: World Oil Report 1991

    SciTech Connect (OSTI)

    Not Available

    1991-08-01

    This paper reports that foreign oil firms may choose to leave for countries with friendlier tax climates, perhaps Southeast Asia or Papua New Guinea. New tax reform legislation became effective in October 1990 enraging the Petroleum Exploration Association of New Zealand (PEANZ) and disappointing petroleum explorers. Oil companies like Arco are already considering pulling out of future prospecting. Taxation Reform Bill 7 allows tax deductions only after prospects in a license are exhausted without success or allows costs to be written off over 10 years when a well comes on production. Exploration cost has to be capitalized, and farm-outs are taxed under the new regime.

  15. Assessing world energy in the wake of the Iran/Iraq war: an oil shortage proves elusive. [Monograph

    SciTech Connect (OSTI)

    Randol, W.L.; Verleger, P.K. Jr.; Clayman, M.

    1981-01-01

    A reassessment of world energy supplies was made in the wake of curtailed exports during the Iran/Iraq war and the corresponding increase in world oil prices, the drop in oil consumption, the widening economic recession, and US decontrol of oil. The report concludes that present worldwide levels of oil production are adequate to satisfy projected levels of consumption through 1981. This leaves the world energy system in balance even if oil exports from Iran and Iraq remain at minimal levels for the year. Past overestimation of demand makes it more likely that this year's consumption will fall short of the projection. The way in which Saudi Arabia's output is cut will be the key to oil pricing in 1981, the authors feel, but the likely approach will be a gradual reduction in production that will allow the Saudis to regain control of OPEC. The effects of a receding demand for oil have been intensified by high US interest rates and the spreading recession. The effect of immediate decontrol of petroleum is likely to compound the trend for reduced consumption and a corresponding increase in efficiency. 2 figures, 2 tables.

  16. Fact #578: July 6, 2009 World Oil Reserves, Production, and Consumption,

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

    2007 | Department of Energy 8: July 6, 2009 World Oil Reserves, Production, and Consumption, 2007 Fact #578: July 6, 2009 World Oil Reserves, Production, and Consumption, 2007 The United States was responsible for 8% of the world's petroleum production, held 2% of the world's crude oil reserves, and consumed 24% of the world's petroleum consumption in 2007. The Organization for Petroleum Exporting Countries (OPEC) held 69% of the world's crude oil reserves and produced 41% of world

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

    SciTech Connect (OSTI)

    Verleger, P.K. Jr.

    1993-12-31

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

  18. Future world oil supplies: There is a finite limit

    SciTech Connect (OSTI)

    Ivanhoe, L.F.

    1995-10-01

    The question is not whether, but when, world crude productivity will start to decline, ushering in the permanent oil shock era. While global information for predicting this ``event`` is not so straightforward as the data M. King Hubbert used in creating his famous curve that predicted the US oil production peak, there are indications that most of the large exploration targets have been found, at the same time that the world`s population is exploding. This theme and a discussion of ``reserve`` and ``resource`` definitions and use, or abuse, are the subjects of this article. Discussions and illustrations give one indication of where the world is in crude production and reserves, and where it is headed.

  19. Rising U.S. oil output leads world oil supply growth

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

    Rising U.S. oil output leads world oil supply growth U.S. crude oil production reached 7 million barrels per day at the end of 2012 for the first time in two decades and is well on its way to topping 8 million barrels per day by 2014. In its new monthly forecast, the U.S. Energy Information Administration expects daily oil output will average 7.3 million barrels this year and then increase to 8.1 million barrels next year. The increase in U.S. and other North American oil production will account

  20. 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...

  1. 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...

  2. 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).

  3. ,"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...

  4. 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.)

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

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

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

  6. 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.

  7. 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...

  8. 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...

  9. 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

  10. Natural gas: Governments and oil companies in the Third World

    SciTech Connect (OSTI)

    Davidson, A.; Hurst, C.; Mabro, R.

    1988-01-01

    It is asserted that oil companies claim to be generally receptive to gas development proposals; however, the lack of potential markets for gas, problems of foreign exchange convertibility, and lack of a legal framework often hinders their engagement. Governments, on the other hand, need to secure domestic energy supply and, if possible, gain some export earnings or royalties. An extensive discussion on the principles of pricing and fiscal regimes, potential points of disagreement is provided. A course of action is outlined from the managerial point of view to circumvent the most common pitfalls in planning and financing a gas project. Eight very detailed case studies are presented for Argentina, Egypt, Malaysia, Nigeria, Pakistan, Tanzania, Tunisia and Thailand.

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

    SciTech Connect (OSTI)

    Tippee, B.

    1992-03-09

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

  12. 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

  13. 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.

  14. 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.

  15. 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, ...

  16. 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.

  17. 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

  18. 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.

  19. Venezuelan projects advance to develop world`s largest heavy oil reserves

    SciTech Connect (OSTI)

    Croft, G.; Stauffer, K.

    1996-07-08

    A number of joint venture projects at varying stages of progress promise to greatly increase Venezuela`s production of extra heavy oil. Units of Conoco, Chevron, Total, Arco, and Mobil have either signed agreements or are pursuing negotiations with affiliates of state-owned Petroleos de Venezuela SA on the development of huge reserves of 8--10{degree} gravity crude. Large heavy oil resources are present in the oil producing areas of eastern and western Venezuela, and the largest are in eastern Venezuela`s Orinoco heavy oil belt. The paper discusses the Orinoco heavy oil belt geology and several joint ventures being implemented.

  20. 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.

  1. 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

  2. UAE-Abu Dhabi: World Oil Report 1991

    SciTech Connect (OSTI)

    Not Available

    1991-08-01

    This paper reports that production expansion projects remain the focus in Abu Dhabi, with increased drilling operations underway both on and offshore. Only Abu Dhabi Co. for Onshore Operations (Adco) and Abu Dhabi Marine Operating Co. (Adma-Opco) provide any information about activity in the Emirate. Plans call for boosting productive capacity by 1 million bpd to near 3 million bpd. Present sustainable capacity is estimated at 1.8 million bpd by the CIA. This rate has been exceeded recently (it reached over 2 million bpd) to take advantage of higher prices in late 1990 and to make up for the shortfall due to loss of Iraqi and Kuwaiti exports. However, it does not appear higher rates can be sustained for a long period of time. By year-end 1992, sustainable output has been projected to reach 2.3 million bpd.

  3. World oil and gas resources-future production realities

    SciTech Connect (OSTI)

    Masters, C.D.; Root, D.H.; Attanasi, E.D. )

    1990-01-01

    Welcome to uncertainty was the phrase Jack Schanz used to introduce both layman and professionals to the maze of petroleum energy data that must be comprehended to achieve understanding of this critical commodity. Schanz was referring to the variables as he and his colleagues with Resources for the Future saw them in those years soon after the energy-awakening oil embargo of 1973. In some respects, the authors have made progress in removing uncertainty from energy data, but in general, we simply must accept that there are many points of view and many ways for the blindman to describe the elephant. There can be definitive listing of all uncertainties, but for this paper the authors try to underscore those traits of petroleum occurrence and supply that the author's believe bear most heavily on the understanding of production and resource availability. Because oil and gas exist in nature under such variable conditions and because the products themselves are variable in their properties, the authors must first recognize classification divisions of the resource substances, so that the reader might always have a clear perception of just what we are talking about and how it relates to other components of the commodity in question.

  4. 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.

  5. 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.

  6. 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.

  7. 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.

  8. 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...

  9. World's Most Sensitive Dark Matter Detector Gets an Upgrade

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

    World oil inventories forecast to grow significantly in 2016 and 2017 Global oil inventories are expected to continue strong growth over the next two years which should keep oil prices low. In its new monthly forecast, the U.S. Energy Information Administration said world oil stocks are likely to increase by 1.6 million barrels per day this year and by 600,000 barrels per day next year. The higher forecast for inventory builds are the result of both higher global oil production and less oil

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

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

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

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

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

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

  12. World Natural Gas Model

    Energy Science and Technology Software Center (OSTI)

    1994-12-01

    RAMSGAS, the Research and Development Analysis Modeling System World Natural Gas Model, was developed to support planning of unconventional gaseoues fuels research and development. The model is a scenario analysis tool that can simulate the penetration of unconventional gas into world markets for oil and gas. Given a set of parameter values, the model estimates the natural gas supply and demand for the world for the period from 1980 to 2030. RAMSGAS is based onmore » a supply/demand framwork and also accounts for the non-renewable nature of gas resources. The model has three fundamental components: a demand module, a wellhead production cost module, and a supply/demand interface module. The demand for gas is a product of total demand for oil and gas in each of 9 demand regions and the gas share. Demand for oil and gas is forecast from the base year of 1980 through 2030 for each demand region, based on energy growth rates and price-induced conservation. For each of 11 conventional and 19 unconventional gas supply regions, wellhead production costs are calculated. To these are added transportation and distribution costs estimates associated with moving gas from the supply region to each of the demand regions and any economic rents. Based on a weighted average of these costs and the world price of oil, fuel shares for gas and oil are computed for each demand region. The gas demand is the gas fuel share multiplied by the total demand for oil plus gas. This demand is then met from the available supply regions in inverse proportion to the cost of gas from each region. The user has almost complete control over the cost estimates for each unconventional gas source in each year and thus can compare contributions from unconventional resources under different cost/price/demand scenarios.« less

  13. 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.

  14. 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 ...

  15. 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

  16. 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.

  17. 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.

  18. 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

  19. 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

  20. 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

  1. 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

  2. EIA model documentation: World oil refining logistics demand model,``WORLD`` reference manual. Version 1.1

    SciTech Connect (OSTI)

    Not Available

    1994-04-11

    This manual is intended primarily for use as a reference by analysts applying the WORLD model to regional studies. It also provides overview information on WORLD features of potential interest to managers and analysts. Broadly, the manual covers WORLD model features in progressively increasing detail. Section 2 provides an overview of the WORLD model, how it has evolved, what its design goals are, what it produces, and where it can be taken with further enhancements. Section 3 reviews model management covering data sources, managing over-optimization, calibration and seasonality, check-points for case construction and common errors. Section 4 describes in detail the WORLD system, including: data and program systems in overview; details of mainframe and PC program control and files;model generation, size management, debugging and error analysis; use with different optimizers; and reporting and results analysis. Section 5 provides a detailed description of every WORLD model data table, covering model controls, case and technology data. Section 6 goes into the details of WORLD matrix structure. It provides an overview, describes how regional definitions are controlled and defines the naming conventions for-all model rows, columns, right-hand sides, and bounds. It also includes a discussion of the formulation of product blending and specifications in WORLD. Several Appendices supplement the main sections.

  3. OPEC: 10 years after the Arab oil boycott

    SciTech Connect (OSTI)

    Cooper, M.H.

    1983-09-23

    OPEC's dominance over world oil markets is waning 10 years after precipitating world-wide energy and economic crises. The 1979 revolution in Iran and the start of the Iranian-Iraqi war in 1980 introduced a second shock that caused oil importers to seek non-OPEC supplies and emphasize conservation. No breakup of the cartel is anticipated, however, despite internal disagreements over production and price levels. Forecasters see OPEC as the major price setter as an improved economy increases world demand for oil. Long-term forecasts are even more optimistic. 24 references, 2 figures, 2 tables. (DCK)

  4. 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.

  5. 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.

  6. Heading off the permanent oil crisis

    SciTech Connect (OSTI)

    MacKenzie, J.J.

    1996-11-01

    The 1996 spike in gasoline prices was not a signal of any fundamental worldwide shortage of crude oil. But based on a review of many studies of recoverable crude oil that have been published since the 1950s, it looks as though such a shortfall is now within sight. With world demand for oil growing at 2 percent per year, global production is likely to peak between the years 2007 and 2014. As this time approaches, we can expect prices to rise markedly and, most likely, permanently. Policy changes are needed now to ease the transition to high-priced oil. Oil production will continue, though at a declining rate, for many decades after its peak, and there are enormous amounts of coal, oil sands, heavy oil, and oil shales worldwide that could be used to produce liquid or gaseous substitutes for crude oil, albeit at higher prices. But the facilities for making such synthetic fuels are costly to build and environmentally damaging to operate, and their use would substantially increase carbon dioxide emissions (compared to emissions from products made from conventional crude oil). This paper examines ways of heading of the impending oil crisis. 8 refs., 3 figs.

  7. 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 ...

  8. International Oil Supplies and Demands

    SciTech Connect (OSTI)

    Not Available

    1992-04-01

    The eleventh Energy Modeling Forum (EMF) working group met four times over the 1989--1990 period to compare alternative perspectives on international oil supplies and demands through 2010 and to discuss how alternative supply and demand trends influence the world's dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used their respective models to simulate a dozen scenarios using standardized assumptions. From its inception, the study was not designed to focus on the short-run impacts of disruptions on oil markets. Nor did the working group attempt to provide a forecast or just a single view of the likely future path for oil prices. The model results guided the group's thinking about many important longer-run market relationships and helped to identify differences of opinion about future oil supplies, demands, and dependence.

  9. International Oil Supplies and Demands

    SciTech Connect (OSTI)

    Not Available

    1991-09-01

    The eleventh Energy Modeling Forum (EMF) working group met four times over the 1989--90 period to compare alternative perspectives on international oil supplies and demands through 2010 and to discuss how alternative supply and demand trends influence the world's dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used their respective models to simulate a dozen scenarios using standardized assumptions. From its inception, the study was not designed to focus on the short-run impacts of disruptions on oil markets. Nor did the working group attempt to provide a forecast or just a single view of the likely future path for oil prices. The model results guided the group's thinking about many important longer-run market relationships and helped to identify differences of opinion about future oil supplies, demands, and dependence.

  10. 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...

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

    SciTech Connect (OSTI)

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

    2006-07-01

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

  12. World trends: Improving fortunes restore upstream health

    SciTech Connect (OSTI)

    1996-08-01

    After a decade of recovery from the oil price collapse of 1986, the global upstream industry appears headed for a period of renewed strength and growth. Underpinning the prosperity is steady unrelenting growth in crude demand. Stronger global crude demand and heavy natural gas usage in the US are driving higher prices. Operators are reacting to better prices with larger drilling programs. Also boosting drilling levels are crude production expansion projects that many countries have underway in response to perceived future demand. Not surprisingly, World Oil`s outlook calls for global drilling to rise 4.5% to 60,273 wells, a second straight annual increase. Better US activity is helping, but so are stronger-than-expected numbers in Canada. Meanwhile, World Oil`s 51st annual survey of governments and operators indicates that global oil production rose 1.4% last year, to 62,774 million bpd. That was not enough, however, to keep up with demand. The paper discusses financial performance, business practices, other factors, and operating outlook. A table lists the 1996 forecasts, estimated wells drilled in 1995, and total wells and footage drilled in 1994 by country. A second table lists global crude and condensate production and wells actually producing in 1995 versus 1994.

  13. 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.

  14. International Oil Supplies and Demands. Volume 2

    SciTech Connect (OSTI)

    Not Available

    1992-04-01

    The eleventh Energy Modeling Forum (EMF) working group met four times over the 1989--1990 period to compare alternative perspectives on international oil supplies and demands through 2010 and to discuss how alternative supply and demand trends influence the world`s dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used their respective models to simulate a dozen scenarios using standardized assumptions. From its inception, the study was not designed to focus on the short-run impacts of disruptions on oil markets. Nor did the working group attempt to provide a forecast or just a single view of the likely future path for oil prices. The model results guided the group`s thinking about many important longer-run market relationships and helped to identify differences of opinion about future oil supplies, demands, and dependence.

  15. International Oil Supplies and Demands. Volume 1

    SciTech Connect (OSTI)

    Not Available

    1991-09-01

    The eleventh Energy Modeling Forum (EMF) working group met four times over the 1989--90 period to compare alternative perspectives on international oil supplies and demands through 2010 and to discuss how alternative supply and demand trends influence the world`s dependence upon Middle Eastern oil. Proprietors of eleven economic models of the world oil market used their respective models to simulate a dozen scenarios using standardized assumptions. From its inception, the study was not designed to focus on the short-run impacts of disruptions on oil markets. Nor did the working group attempt to provide a forecast or just a single view of the likely future path for oil prices. The model results guided the group`s thinking about many important longer-run market relationships and helped to identify differences of opinion about future oil supplies, demands, and dependence.

  16. The outlook for US oil dependence

    SciTech Connect (OSTI)

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

    1995-05-11

    Market share OPEC lost in defending higher prices from 1979-1985 is being steadily regained and is projected to exceed 50% by 2000. World oil markets are likely to be as vulnerable to monopoly influence as they were 20 years ago, as OPEC regains lost market share. The U.S. economy appears to be as exposed as it was in the early 1970s to losses from monopoly oil pricing. A simulated 2-year supply reduction in 2005-6 boosts OPEC revenues by roughly half a trillion dollars and costs the U.S. economy an approximately equal amount. The Strategic Petroleum Reserve appears to be of little benefit against such a determined, multi-year supply curtailment either in reducing OPEC revenues or protecting the U.S. economy. Increasing the price elasticity of oil demand and supply in the U.S. and the rest of the world, however, would be an effective strategy.

  17. 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

  18. 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...

  19. 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...

  20. 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 ......

  1. 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...

  2. The domestic natural gas and oil initiative. Energy leadership in the world economy

    SciTech Connect (OSTI)

    Not Available

    1993-12-01

    Two key overarching goals of this Initiative are enhancing the efficiency and competitiveness of U.S. industry and reducing the trends toward higher imports. These goals take into account new Federal policies that reflect economic needs, including economic growth, deficit reduction, job creation and security, and global competitiveness, as well as the need to preserve the environment, improve energy efficiency, and provide for national security. The success of this Initiative clearly requires coordinated strategies that range far beyond policies primarily directed at natural gas and oil supplies. Therefore, this Initiative proposes three major strategic activities: Strategic Activity 1 -- increase domestic natural gas and oil production and environmental protection by advancing and disseminating new exploration, production, and refining technologies; Strategic Activity 2 -- stimulate markets for natural gas and natural-gas-derived products, including their use as substitutes for imported oil where feasible; and Strategic Activity 3 -- ensure cost-effective environmental protection by streamlining and improving government communication, decision making, and regulation. Finally, the Initiative will reexamine the costs and benefits of increase oil imports through a broad new Department of Energy study. This study will form the basis for additional actions found to be warranted under the study.

  3. 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.

  4. War curbs oil exports by Iran and Iraq

    SciTech Connect (OSTI)

    Not Available

    1980-09-29

    A discussion of the effects of the war between Iran and Iraq on oil exports from the area covers damage (extent unknown) to the Abadan, Iran, and Basra, Iraq, oil refineries, to the Iraqi petrochemical complex under construction at Basra, to oil export terminals at Kharg Island and Mina-al-Bakr, and to other oil facilities; war-caused reductions in oil production, refining, shipping, and export, estimated at 2.05-3.35 million bbl/day; the possible effects of the war on OPEC's decisions concerning oil production and pricing; the significance of the Strait of Hormuz for the export of oil by several countries in addition to the belligerents; the U.S. and non-Communist oil stocks which might enable the world to avoid an oil shortage if the war is ended in the near future; and the long-term effects of the war on Iran's and Iraq's oil industries.

  5. 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

  6. Oil and the American Way of Life: Don't Ask, Don't Tell

    ScienceCinema (OSTI)

    Kaufmann, Robert [Boston University, Boston, Massachusetts, United States

    2010-01-08

    In the coming decades, US consumers will face a series of important decisions about oil. To make effective decisions, consumers must confront some disturbing answers to questions they would rather not ask. These questions include: is the US running out of oil, is the world running out of oil, is OPEC increasing its grip on prices, is the US economy reducing its dependence on energy, and will the competitive market address these issues in a timely fashion? Answers to these questions indicate that the market will not address these issues: the US has already run out of inexpensive sources of oil such that rising prices no longer elicit significant increases in supply. The US experience implies that within a couple of decades, the world oil market will change from increasing supply at low prices to decreasing supply at higher prices. As the world approaches this important turning point, OPEC will strengthen its grip on world oil prices. Contrary to popular belief, the US economy continues to be highly dependent on energy, especially inexpensive sources of energy. Together, these trends threaten to undermine the basic way in which the US economy generates a high standard of living.

  7. 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?...

  8. Costs of U.S. Oil Dependence: 2005 Update

    SciTech Connect (OSTI)

    Greene, D.L.

    2005-03-08

    For thirty years, dependence on oil has been a significant problem for the United States. Oil dependence is not simply a matter of how much oil we import. It is a syndrome, a combination of the vulnerability of the U.S. economy to higher oil prices and oil price shocks and a concentration of world oil supplies in a small group of oil producing states that are willing and able to use their market power to influence world oil prices. Although there are vitally important political and military dimensions to the oil dependence problem, this report focuses on its direct economic costs. These costs are the transfer of wealth from the United States to oil producing countries, the loss of economic potential due to oil prices elevated above competitive market levels, and disruption costs caused by sudden and large oil price movements. Several enhancements have been made to methods used in past studies to estimate these costs, and estimates of key parameters have been updated based on the most recent literature. It is estimated that oil dependence has cost the U.S. economy $3.6 trillion (constant 2000 dollars) since 1970, with the bulk of the losses occurring between 1979 and 1986. However, if oil prices in 2005 average $35-$45/bbl, as recently predicted by the U.S. Energy Information Administration, oil dependence costs in 2005 will be in the range of $150-$250 billion. Costs are relatively evenly divided between the three components. A sensitivity analysis reflecting uncertainty about all the key parameters required to estimate oil dependence costs suggests that a reasonable range of uncertainty for the total costs of U.S. oil dependence over the past 30 years is $2-$6 trillion (constant 2000 dollars). Reckoned in terms of present value using a discount rate of 4.5%, the costs of U.S. oil dependence since 1970 are $8 trillion, with a reasonable range of uncertainty of $5 to $13 trillion.

  9. 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...

  10. History of western oil shale

    SciTech Connect (OSTI)

    Russell, P.L.

    1980-01-01

    The history of oil shale in the United States since the early 1900's is detailed. Research on western oil shale probably began with the work of Robert Catlin in 1915. During the next 15 years there was considerable interest in the oil shales, and oil shale claims were located, and a few recovery plants were erected in Colorado, Nevada, Utah, Wyoming, and Montana. Little shale soil was produced, however, and the major oil companies showed little interest in producing shale oil. The early boom in shale oil saw less than 15 plants produce a total of less than 15,000 barrels of shale oil, all but about 500 barrels of which was produced by the Catlin Operation in Nevada and by the US Bureau of Mines Rulison, Colorado operation. Between 1930 and 1944 plentiful petroleum supplies at reasonable prices prevent any significant interest in shale oil, but oil shortages during World War II caused a resurgence of interest in oil shale. Between 1940 and 1969, the first large-scale mining and retorting operations in soil shale, and the first attempts at true in situ recovery of shale oil began. Only 75,000 barrels of shale oil were produced, but major advancements were made in developing mine designs and technology, and in retort design and technology. The oil embargo of 1973 together with a new offering of oil shale leases by the Government in 1974 resulted in the most concentrated efforts for shale oil production to date. These efforts and the future prospects for shale oil as an energy source in the US are discussed.

  11. The impact of rising energy prices on household energy consumption and expenditure patterns: The Persian Gulf crisis as a case example

    SciTech Connect (OSTI)

    Henderson, L.J. ); Poyer, D.A.; Teotia, A.P.S. . Energy Systems Div.)

    1992-09-01

    The Iraqi invasion of Kuwait and the subsequent war between Iraq and an international alliance led by the United States triggered immediate increases in world oil prices. Increases in world petroleum prices and in US petroleum imports resulted in higher petroleum prices for US customers. In this report, the effects of the Persian Gulf War and its aftermath are used to demonstrate the potential impacts of petroleum price changes on majority, black, and Hispanic households, as well as on poor and nonpoor households. The analysis is done by using the Minority Energy Assessment Model developed by Argonne National Laboratory for the US Department of Energy (DOE). The differential impacts of these price increases and fluctuations on poor and minority households raise significant issues for a variety of government agencies, including DOE. Although the Persian Gulf crisis is now over and world oil prices have returned to their prewar levels, the differential impacts of rising energy prices on poor and minority households as a result of any future crisis in the world oil market remains a significant long-term issue.

  12. The Outlook for U.S. Oil Dependence

    SciTech Connect (OSTI)

    Greene, D.L.

    1995-01-01

    Market share OPEC lost in defending higher prices from 1979-1985 is being steadily regained and is projected to exceed 50% by 2000. World oil markets are likely to be as vulnerable to monopoly influence as they were 20 years ago, as OPEC regains lost market share. The US economy appears to be as exposed as it was in the early 1970s to losses from monopoly oil pricing. A simulated 2-year supply reduction in 2005-6 boosts OPEC revenues by roughly half a trillion dollars and costs the US economy an approximately equal amount. The Strategic Petroleum Reserve appears to be of little benefit against such a determined, multi-year supply curtailment either in reducing OPEC revenues or protecting the US economy. Increasing the price elasticity of oil demand and supply in the US and the rest of the world, however, would be an effective strategy.

  13. Impact and future of heavy oil produciton

    SciTech Connect (OSTI)

    Olsen, D.K, )

    1996-01-01

    Heavy oil resources are becoming increaingly important in meeting world oil demand. Heavy oil accounts for 10% of the worlds current oil production and is anticipated to grow significantly. Recent narrowing of the price margins between light and heavy oil and the development of regional heavy oil markets (production, refining and marketing) have prompted renewed investment in heavy oil. Production of well known heavy oil resources of Canada, Venezuela, United States, and elsewhere throughout the world will be expanded on a project-by-project basis. Custom refineries designed to process these heavy crudes are being expanded. Refined products from these crudes will be cleaner than ever before because of the huge investment. However, heavy oil still remains at a competitive disadvantage due to higher production, transportation and refining have to compete with other investment opportunities available in the industry. Expansion of the U.S. heavy oil industry is no exception. Relaxation of export restrictions on Alaskan North Slope crude has prompted renewed development of California's heavy oil resources. The location, resource volume, and oil properties of the more than 80-billion barrel U.S. heavy oil resource are well known. Our recent studies summarize the constraints on production, define the anticipated impact (volume, location and time frame) of development of U.S. heavy oil resources, and examines the $7-billion investment in refining units (bottoms conversion capacity) required to accommodate increased U.S. heavy oil production. Expansion of Canadian and Venezuelan heavy oil and tar sands production are anticipated to dramatically impact the U.S. petroleum market while displacing some imported Mideast crude.

  14. Impact and future of heavy oil produciton

    SciTech Connect (OSTI)

    Olsen, D.K,

    1996-12-31

    Heavy oil resources are becoming increaingly important in meeting world oil demand. Heavy oil accounts for 10% of the worlds current oil production and is anticipated to grow significantly. Recent narrowing of the price margins between light and heavy oil and the development of regional heavy oil markets (production, refining and marketing) have prompted renewed investment in heavy oil. Production of well known heavy oil resources of Canada, Venezuela, United States, and elsewhere throughout the world will be expanded on a project-by-project basis. Custom refineries designed to process these heavy crudes are being expanded. Refined products from these crudes will be cleaner than ever before because of the huge investment. However, heavy oil still remains at a competitive disadvantage due to higher production, transportation and refining have to compete with other investment opportunities available in the industry. Expansion of the U.S. heavy oil industry is no exception. Relaxation of export restrictions on Alaskan North Slope crude has prompted renewed development of California`s heavy oil resources. The location, resource volume, and oil properties of the more than 80-billion barrel U.S. heavy oil resource are well known. Our recent studies summarize the constraints on production, define the anticipated impact (volume, location and time frame) of development of U.S. heavy oil resources, and examines the $7-billion investment in refining units (bottoms conversion capacity) required to accommodate increased U.S. heavy oil production. Expansion of Canadian and Venezuelan heavy oil and tar sands production are anticipated to dramatically impact the U.S. petroleum market while displacing some imported Mideast crude.

  15. OPEC production: Untapped reserves, world demand spur production expansion

    SciTech Connect (OSTI)

    Ismail, I.A.H. )

    1994-05-02

    To meet projected world oil demand, almost all members of the Organization of Petroleum Exporting Countries (OPEC) have embarked on ambitious capacity expansion programs aimed at increasing oil production capabilities. These expansion programs are in both new and existing oil fields. In the latter case, the aim is either to maintain production or reduce the production decline rate. However, the recent price deterioration has led some major OPEC producers, such as Saudi Arabia and Iran, to revise downward their capacity plans. Capital required for capacity expansion is considerable. Therefore, because the primary source of funds will come from within each OPEC country, a reasonably stable and relatively high oil price is required to obtain enough revenue for investing in upstream projects. This first in a series of two articles discusses the present OPEC capacity and planned expansion in the Middle East. The concluding part will cover the expansion plans in the remaining OPEC countries, capital requirements, and environmental concerns.

  16. 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

  17. 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

  18. 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.

  19. Going Global: Tight Oil Production

    Gasoline and Diesel Fuel Update (EIA)

    GOING GLOBAL: TIGHT OIL PRODUCTION Leaping out of North America and onto the World Stage JULY 2014 GOING GLOBAL: TIGHT OIL PRODUCTION Jamie Webster, Senior Director Global Oil ...

  20. 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

  1. 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 ...

  2. 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 ...

  3. 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

  4. 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

  5. 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,

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

    SciTech Connect (OSTI)

    Krapels, E.N.

    1992-01-01

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

  7. 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 ...

  8. An option pricing theory explanation of the invasion of Kuwait

    SciTech Connect (OSTI)

    Muhtaseb, M.R.

    1995-12-31

    The objective of this paper is to explain the invasion of Kuwait by making an analogy between a call option and the Iraq-Kuwait situation before the invasion on August 2, 1990. A number of factors contributed to the issuance of a deep-in-the money European call option to Iraq against Kuwait. The underlying asset is the crude oil reserves under Kuwait. Price of crude oil is determined in world spot markets. The exercise price is equal to the cost of permanently annexing and retaining Kuwait. The volatility is measured by the annualized variance of the weekly rate of return of the spot price of crude oil. Time-to-expiration is equal to the time period between decision date and actual invasion date. Finally, since crude oil prices are quoted in U.S. dollars, the U.S. Treasury bill rate is assumed to be the risk-free rate. In a base-case scenario, Kuwait`s oil reserves amount to 94,500 million barrels valued at $18 a barrell in early February 1990 resulting in a market value of $1,701 billion. Because the cost of the war to Iraq is not known, we assume it is comparable to that of the U.S.-led coalition of $51.0 billion. Time-to-expiration is six months. The treasury bill rate in early 1990 was around 7.5 percent. Annualized standard deviation of weekly rates of return is 0.216. The value of Kuwait`s invasion option is $1,642.25 billion. Depending on the scenario, the value of this special option ranged between $1,450 billion and $3.624 billion. 10 refs., 1 tab.

  9. 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. ...

  10. EIA cites importance of key world shipping routes

    SciTech Connect (OSTI)

    Not Available

    1994-03-07

    A disruption of crude oil or products shipments through any of six world chokepoints would cause a spike in oil prices, the US Energy Information Administration (EIA) warns. The strategic importance of each major shipping lane varies because of differing oil volumes and access to other transportation routes. But nearly half of the 66 million b/d of oil consumed worldwide flows through one or more of these key tanker routes, involving: 14 million b/d through the Strait of Hormuz from the Persian Gulf to the Gulf of Oman and Arabian Sea; 7 million b/d through the Strait of Malacca from the northern Indian Ocean into the South China Sea and Pacific Ocean; 1.6 million b/d through the Bosporus from the Black Sea to the Mediterranean Sea; 900,000 b/d through the Suez Canal from the Red Sea to the Mediterranean Sea; 600,000 b/d through Rotterdam Harbor from the North Sea to Dutch and German refineries on or near the Rhine River; and 500,000 b/d through the Panama Canal from the Pacific Ocean to the Caribbean Sea. In today's highly interdependent oil markets, the mere perception of less secure oil supplies is enough to boost oil prices, EIA said. Growing oil and product tanker traffic is increasing the likelihood of supply disruptions through oil arteries because of bad weather, tanker collisions, or acts of piracy, terrorism, or war. What's more, the increasing age of the world tanker fleet and dependability of navigational equipment could increase chances of accidents and, therefore, oil supply disruptions.

  11. 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.

  12. Soviet Union oil sector outlook grows bleaker still

    SciTech Connect (OSTI)

    Not Available

    1991-08-12

    This paper reports on the outlook for the U.S.S.R's oil sector which grows increasingly bleak and with it prospects for the Soviet economy. Plunging Soviet oil production and exports have analysts revising near term oil price outlooks, referring to the Soviet oil sector's self-destructing and Soviet oil production in a freefall. County NatWest, Washington, citing likely drops in Soviet oil production and exports (OGJ, Aug. 5, p. 16), has jumped its projected second half spot price for West Texas intermediate crude by about $2 to $22-23/bbl. Smith Barney, New York, forecasts WTI postings at $24-25/bbl this winter, largely because of seasonally strong world oil demand and the continued collapse in Soviet oil production. It estimates the call on oil from the Organization of Petroleum Exporting Countries at more than 25 million b/d in first quarter 1992. That would be the highest level of demand for OPEC oil since 1980, Smith Barney noted.

  13. 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.

  14. World Institute for Nuclear Security Workshop at Y-12 Brings Together

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

    World Crude Oil Prices (Dollars per Barrel) The data on this page are no longer available. More than 20 Countries | Y-12 National Security Complex

    World Institute for Nuclear ... World Institute for Nuclear Security Workshop at Y-12 Brings Together More than 20 Countries Posted: June 28, 2012 - 4:30pm This week, more than 20 countries are represented at the first-ever workshop conducted in the United States at the Y-12 National Security Complex for the World Institute for Nuclear

  15. Approximate option pricing

    SciTech Connect (OSTI)

    Chalasani, P.; Saias, I.; Jha, S.

    1996-04-08

    As increasingly large volumes of sophisticated options (called derivative securities) are traded in world financial markets, determining a fair price for these options has become an important and difficult computational problem. Many valuation codes use the binomial pricing model, in which the stock price is driven by a random walk. In this model, the value of an n-period option on a stock is the expected time-discounted value of the future cash flow on an n-period stock price path. Path-dependent options are particularly difficult to value since the future cash flow depends on the entire stock price path rather than on just the final stock price. Currently such options are approximately priced by Monte carlo methods with error bounds that hold only with high probability and which are reduced by increasing the number of simulation runs. In this paper the authors show that pricing an arbitrary path-dependent option is {number_sign}-P hard. They show that certain types f path-dependent options can be valued exactly in polynomial time. Asian options are path-dependent options that are particularly hard to price, and for these they design deterministic polynomial-time approximate algorithms. They show that the value of a perpetual American put option (which can be computed in constant time) is in many cases a good approximation to the value of an otherwise identical n-period American put option. In contrast to Monte Carlo methods, the algorithms have guaranteed error bounds that are polynormally small (and in some cases exponentially small) in the maturity n. For the error analysis they derive large-deviation results for random walks that may be of independent interest.

  16. The growing world LP-gas supply

    SciTech Connect (OSTI)

    Hoare, M.C.

    1988-11-01

    The possible range of future (LPG) export availabilities is huge, but actual production levels depend on factors, many of which are beyond our direct control - world demand for crude oil and gas, developments in technology, and the price of both energy in general and LPG specifically. Although these factors limit some of the potential developments, a substantial increase in LPG supply is certain, and this is likely to depress its price relative to other products. Over the last few years, a dramatic expansion has taken place in the industry. From 1980 to 1987, non-Communist world production of LPG increased by close to 35%, to a total of 115 million tonnes. If this is set against the general energy scene, LPG represented 3.7% of crude oil production by weight in 1980, rising to 5.4% in 1987. This growth reflects rise in consciousness around the world of the value of the product. LPG is no longer regarded as a byproduct, which is flared or disposed of at low value, but increasingly as a co-product, and much of the growth in production has been due to the installation of tailored recovery systems. LPG markets historically developed around sources of supply, constrained by the costs of transportation. The major exceptions, of course, were the Middle East, the large exporter, and Japan, the large importer.

  17. 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

  18. 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...

  19. 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...

  20. 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...

  1. 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...

  2. 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;...

  3. 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

  4. 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

  5. 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

  6. 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...

  7. As the world economy continues to expand the demand for petroleum based fuel increases and the price of these fuels rises

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

    November 2004 Structural Studies of Catalytically Stabilized Industrial Hydrotreating Catalysts Myriam Perez De la Rosa 1 , Gilles Berhault 2 , Apurva Mehta 3 , Russell R. Chianelli 1 1 University of Texas at El Paso, Materials Research Technology Institute, El Paso, TX 2 Institut de Recherches sur la Catalyse, CNRS, Villeurbanne cedex, France 3 Stanford Synchrotron Radiation Laboratory, Menlo Park, CA Figure 1: MoS 2 layered structure. As the world economy continues to expand the demand for

  8. World Biofuels Study

    SciTech Connect (OSTI)

    Alfstad,T.

    2008-10-01

    the next two decades, provided policymakers stay the course with their policy goals. This project relied on a scenario-based analysis to study global biofuel markets. Scenarios were designed to evaluate the impact of different policy proposals and market conditions. World biofuel supply for selected scenarios is shown in Figure 1. The reference case total biofuel production increases from 12 billion gallons of ethanol equivalent in 2005 to 54 billion gallons in 2020 and 83 billion gallons in 2030. The scenarios analyzed show volumes ranging from 46 to 64 billion gallons in 2020, and from about 72 to about 100 billion gallons in 2030. The highest production worldwide occurs in the scenario with high feedstock availability combined with high oil prices and more rapid improvements in cellulosic biofuel conversion technologies. The lowest global production is found in the scenario with low feedstock availability, low oil prices and slower technology progress.

  9. 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 ...

  10. Hawaii energy strategy project 2: Fossil energy review. Task 1: World and regional fossil energy dynamics

    SciTech Connect (OSTI)

    Breazeale, K.; Isaak, D.T.; Yamaguchi, N.; Fridley, D.; Johnson, C.; Long, S.

    1993-12-01

    This report in the Hawaii Energy Strategy Project examines world and regional fossil energy dynamics. The topics of the report include fossil energy characteristics, the world oil industry including reserves, production, consumption, exporters, importers, refining, products and their uses, history and trends in the global oil market and the Asia-Pacific market; world gas industry including reserves, production, consumption, exporters, importers, processing, gas-based products, international gas market and the emerging Asia-Pacific gas market; the world coal industry including reserves, classification and quality, utilization, transportation, pricing, world coal market, Asia-Pacific coal outlook, trends in Europe and the Americas; and environmental trends affecting fossil fuels. 132 figs., 46 tabs.

  11. 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

  12. 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.

  13. 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

  14. The impacts on U.S. energy markets and the economy of reducing oil imports. Service report

    SciTech Connect (OSTI)

    1996-09-01

    The General Accounting Office (GAO) has responded to a request from Representative John Kasich by requesting that the Energy Information Administration (EIA) use the National Energy Modeling System (NEMS) to estimate the cost to the U.S. economy of reducing oil imports. The analysis summarized by this paper focuses on two approaches toward a target reduction in oil imports: (1) a set of cases with alternative world crude oil price trajectories, and (2) two cases which investigates the use of an oil import fee.

  15. 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 ...

  16. Learning to live with OPEC oil: the Arab view

    SciTech Connect (OSTI)

    Not Available

    1983-01-01

    Either OPEC or a similar Middle East organizaiton will recapture the dominant role in oil market as non-OPEC oil sources are depleted. An interview with Ali Ahmed Attiga of the Organization of Arab Petroleum Exporting Countries (OAPEC) suggests the possibility of another embargo, but emphasizes the common bond that both oil-importing and oil-exporting countries have if they become over-dependent on oil. Attiga points out that OAPEC will produce 40% of the energy consumed at the end of 10 years. He credits the 1973 embargo with reminding the US of its vital interest in the Arab world, but admits it did not accomplish the withdrawal of Israel from occupied territory. In response to other questions Attiga doubts other producers will join OPEC, explains OPEC pricing and production policies, and describes its development programs. 1 figure.

  17. 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 ...

  18. 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

  19. Oil supply increase due in 1996`s second half

    SciTech Connect (OSTI)

    Beck, R.J.

    1996-07-29

    The crucial oil-market issue for this year`s second half is new supply. Production will increase again outside the Organization of Petroleum Exporting Countries. And Iraq has general approval to resume exports under limits set by the United Nations, although start of the exports has been delayed by at least 60 days. The big question is the market`s ability to absorb the supply gains. As usual, the market`s need for oil in the second half will depend on economies. So far in 1996, economic growth has pushed consumption to levels unexpected a year ago. Demand the rest of the year depends heavily on economic performances of the industrialized nations that make up the organization for Economic Cooperation and Development (OECD) and the rapidly growing nations of the Asia-Pacific region. Growth in countries elsewhere in the developing world, especially Latin America, remains a wild card. The paper discusses the worldwide outlook, crude oil prices, US product prices, natural gas prices, US economy, US energy demand, natural gas in the US, US oil demand, gasoline prices, distillate gains, resid slumps, LPG, ethane, US supply, production patterns, rise in refinery capacity, imports, stocks, and stock coverage.

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

    SciTech Connect (OSTI)

    Watkins, G.C.; Waverman, L.

    1993-12-31

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

  1. Internal Revenue Service, Section 6166, and oil and gas: legislation by interpretation

    SciTech Connect (OSTI)

    Choate, G.M.; Massoglia, D.J.

    1983-06-01

    The importance of adequate estate planning regarding oil and gas properties has increased with the rise in world oil prices. The Internal Revenue Code, Sections 6166 and 6166A, which permit a deferment of estate tax payments by taxing future business earnings instead, inadvertently prohibits the estates of those who were actively engaged in the oil and gas industry as sole proprietors. Legislative reform is deemed to be necessary in order to allow Congress' original intentions to be realized. The background of the Code is discussed as well as the qualifications necessary in the IRS' estimation of electing those eligible for deferments. 25 references.

  2. Demand for oil and energy in developing countries

    SciTech Connect (OSTI)

    Wolf, C. Jr.; Relles, D.A.; Navarro, J.

    1980-05-01

    How much of the world's oil and energy supply will the non-OPEC less-developed countries (NOLDCs) demand in the next decade. Will their requirements be small and thus fairly insignificant compared with world demand, or large and relatively important. How will world demand be affected by the economic growth of the NOLDCs. In this report, we try to develop some reasonable forecasts of NOLDC energy demands in the next 10 years. Our focus is mainly on the demand for oil, but we also give some attention to the total commercial energy requirements of these countries. We have tried to be explicit about the uncertainties associated with our forecasts, and with the income and price elasticities on which they are based. Finally, we consider the forecasts in terms of their implications for US policies concerning the NOLDCs and suggest areas of future research on NOLDC energy issues.

  3. 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

  4. 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…

  5. Abu Dhabi National Oil Company | Open Energy Information

    Open Energy Info (EERE)

    oil companies in the world. Abu Dhabi National Oil Company oversees many phases of oil and gas exploration and production, as well as other business activities. References...

  6. 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

  7. 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.

  8. 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. ...

  9. 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 ...

  10. 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 ...

  11. Paraguay: World Oil Report 1991

    SciTech Connect (OSTI)

    Not Available

    1991-08-01

    This paper reports on Paraguay's one well which was completed in 1990. Texaco's Mallorquin 1 wildcat was drilled to a 9,811-ft TD and abandoned as a dry hole. Located in Alto Parana province of southeastern Paraguay, the $3.6-million well was drilled with a slim hole rig in an area where poor seismic quality makes interpretation very difficult. No additional wells are planned.

  12. Italy: World Oil Report 1991

    SciTech Connect (OSTI)

    Not Available

    1991-08-01

    This paper reports that activity has picked up in Italy since the downturn of 1989. Agip has been the most active, drilling 56 exploration and development wells last year. The company plans to increase offshore drilling spending by about two-thirds to $200 million this year.

  13. Iran: World Oil Report 1991

    SciTech Connect (OSTI)

    Not Available

    1991-08-01

    This paper reports that at the end of its war with Iraq, Iran embarked on an urgent program to restore its productive capacity. This effort has been hindered by lack of hard currency and, hence, technology, parts, equipment, etc. Iran has been trying to improve relations with the U.S, over the past two years. Recently, the embargo on importing Iranian crude into the U.S. was lifted. Over the past year and a half, Iran accumulated enough money to resume imports of U.S. and other foreign drilling equipment. However, drilling has remained at a low level. Also, efforts to boost output have been slowed by war damage both on and offshore---particularly the latter---and serious BHP declines in major onshore fields that can only be corrected by ultra- high cost gas injection projects. Currently, large injection projects are only operating in three major fields: Gachsaran, Ahwaz and Marun.

  14. 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

  15. 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

  16. 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

  17. 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.

  18. 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 ...

  19. 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 ...

  20. Impacts of oil disturbances: lessons from experience. [1973-1974 Oil Crisis; 1978-1979 Iranian Revolution; 1980-1981 Iran-Iraq War

    SciTech Connect (OSTI)

    Curlee, T R

    1983-01-01

    An analysis of the impacts of previous oil distrubances can be used to suggest the impacts of future oil disturbances. This paper reviews how the 1973-1974 Oil Crisis, the 1978-1979 Iranian Revolution, and the 1980-1981 Iran-Iraq War impacted the US and world oil markets. Various measures of impacts are considered, such as impacts on physical flows of crude and products, crude and product price changes on the US and world markets, impacts on stocks of crude and products, and impacts on refiners' inputs and outputs. Various macroeconomic indicators, such as gross national product, inflation rates, and unemployment, are also considered. Of particular interest in this study are the impacts that oil disturbances have had (and could have) on the availabilities of particular crude types and the abilities of US refiners to process crudes of various types in the short run. In addition, this paper reviews how the actions of the consuming countries and the major oil companies affected the impacts of past disturbances. The paper briefly discusses the likely causes and impacts of future oil distrubances and summarizes the lessons to be learned from past reactions to oil disturbances.

  1. 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.

  2. 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,

  3. Table 5.2 Crude Oil Production and Crude Oil Well Productivity...

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

    ... reports. * 1981-1994Independent Petroleum Association of America, The Oil Producing Industry in Your State. * 1995 forwardGulf Publishing Co., World Oil, February issues. ...

  4. 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)

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

    Reports and Publications (EIA)

    1996-01-01

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

  6. Winners and losers from cheaper oil

    SciTech Connect (OSTI)

    Boyer, E.

    1984-11-26

    Oil prices are slipping despite OPEC's efforts to prop them up by cutting production. Abundant oil and slack demand will press prices into a substantial drop. That portends more growth, less inflation, and good news for industries, especially the airline and automobile industries. Banks and some oil companies could be hurt, but chemical and steel companies will benefit. Concerns that the country will drop conservation efforts overlook the efficiency improvements already embedded in new machinery and automobiles and the insulation installed in buildings.

  7. Product Guide Category Prices Volumes

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

    Product Guide Category Prices Volumes Crude oil Refiner acqusistion cost 1,1A - Domestic first purchases 1 - from selected states 18 - by API gravity 20 - for selected crude streams 19 - Imports F.O.B. cost 1 - from selected states 21 - by API gravity 23 - for selected crude streams 26 - Landed costs 1 - from selected states 22 - by API gravity 24 - for selected crude streams 27 - Percentage by gravity band 25 - - Motor gasoline all sellers 28 - refiners 2,4,6,31 3,5,7,39,40 prime suppliers - 45

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

    SciTech Connect (OSTI)

    1999-03-01

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

  9. Costs of Imported Crude Oil by API Gravity

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

    1978; Form ERA-51, "Transfer Pricing Report," January 1979 through September 1982; Form EP-51, "Monthly Foreign Crude Oil Transaction Report," October 1982 through June 1984; Form...

  10. Diesel prices flat

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

    Diesel prices flat The U.S. average retail price for on-highway diesel fuel saw no movement from last week. Prices remained flat at $3.89 a gallon on Monday, based on the weekly price survey by the U.S. Energy Information Administration. Diesel prices were highest in the West Coast states at 4.05 a gallon, up 2-tenths of a penny from a week ago. Prices were lowest in the Gulf Coast region at 3.80 a gallon, up 3-tenths of a penny

  11. Residential propane price decreases

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

    propane price decreases The average retail price for propane is 2.32 per gallon, down 2 cents from last week, based on the residential heating fuel survey by the U.S. Energy ...

  12. Residential propane price increases

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

    propane price increases The average retail price for propane is 1.98 per gallon, up 1.1 cents from last week, based on the residential heating fuel survey by the U.S. Energy ...

  13. Residential propane price decreases

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

    05, 2014 Residential propane price decreases The average retail price for propane fell to 2.40 per gallon, down 1.2 cents from a week ago, based on the residential heating fuel ...

  14. Residential propane prices increase

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

    propane prices increase The average retail price for propane rose 3.9 cents from a week ago to 2.80 per gallon. That's up 53.7 cents from a year ago, based on the residential ...

  15. Residential propane prices stable

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

    propane prices stable The average retail price for propane is 2.37 per gallon. That's down 4-tenths of a penny from a week ago, based on the U.S. Energy Information ...

  16. Residential propane price

    Gasoline and Diesel Fuel Update (EIA)

    propane price increases The average retail price for propane is 2.39 per gallon, up 3.9 cents from last week, based on the residential heating fuel survey by the U.S. Energy ...

  17. Residential propane price decreases

    Gasoline and Diesel Fuel Update (EIA)

    propane price decreases The average retail price for propane is 2.38 per gallon, down 1.1 cents from last week, based on the residential heating fuel survey by the U.S. Energy ...

  18. Residential propane price decreases

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

    6, 2014 Residential propane price decreases The average retail price for propane fell to 3.48 per gallon, down 15.9 cents from a week ago, based on the residential heating fuel ...

  19. Residential propane price decreases

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

    8, 2015 Residential propane price decreases The average retail price for propane is 2.34 per gallon, down 1.7 cents from last week, based on the residential heating fuel survey by ...

  20. Residential propane prices stable

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

    propane price decreases The average retail price for propane is 2.40 per gallon, down 9-tenths of a cent from last week, based on the residential heating fuel survey by the U.S. ...

  1. Residential propane prices available

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

    4, 2015 Residential propane price increases The average retail price for propane is 1.92 per gallon, up 1.4 cents from last week, based on the residential heating fuel survey by ...

  2. Residential propane price increases

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

    Residential propane price decreases The average retail price for propane is 2.03 per gallon, down 2-tenths of a cent from last week, based on the residential heating fuel survey ...

  3. Residential propane price

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

    propane price increases The average retail price for propane is 2.29 per gallon, down 3.1 cents from last week, based on the residential heating fuel survey by the U.S. Energy ...

  4. Residential propane prices available

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

    8, 2015 Residential propane price increases The average retail price for propane is 1.91 per gallon, up 1.4 cents from last week, based on the residential heating fuel survey by ...

  5. Residential propane prices surges

    Gasoline and Diesel Fuel Update (EIA)

    propane prices surges The average retail price for propane rose to an all-time high of 4.01 a gallon, that's up 1.05 from a week ago, based on the residential heating fuel survey ...

  6. Residential propane price increases

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

    propane price increases The average retail price for propane is 1.96 per gallon, up 1.8 cents from last week, based on the residential heating fuel survey by the U.S. Energy ...

  7. Residential propane prices surges

    Gasoline and Diesel Fuel Update (EIA)

    5, 2014 Residential propane price decreases The average retail price for propane fell to 3.30 per gallon, down 17.5 cents from a week ago, based on the residential heating fuel ...

  8. Residential propane price decreases

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

    propane price decreases The average retail price for propane is 2.36 per gallon, down 7-tenths of a cent from last week, based on the residential heating fuel survey by the U.S. ...

  9. Residential propane price

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

    propane price decreases The average retail price for propane is 2.35 per gallon, down 1.1 cents from last week, based on the residential heating fuel survey by the U.S. Energy ...

  10. Residential propane price decreases

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

    propane price decreases The average retail price for propane is 2.39 per gallon, down 2.2 cents from last week, based on the residential heating fuel survey by the U.S. Energy ...

  11. Residential propane price increases

    Gasoline and Diesel Fuel Update (EIA)

    Residential propane price decreases The average retail price for propane is 2.02 per gallon, down 5-tenths of a cent from last week, based on the residential heating fuel survey ...

  12. Residential propane prices decreases

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

    5, 2014 Residential propane prices decreases The average retail price for propane fell to 3.89 per gallon, that's down 11.9 cents from a week ago, based on the residential heating ...

  13. Residential propane prices available

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

    Residential propane price decreases The average retail price for propane is 1.91 per gallon, down 6.7 cents from last week, based on the residential heating fuel survey by the ...

  14. Residential propane price increases

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

    propane price increases The average retail price for propane is 2.03 per gallon, up 1 cent from last week, based on the residential heating fuel survey by the U.S. Energy ...

  15. Residential propane prices increase

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

    propane prices increase The average retail price for propane rose to 2.40 per gallon, up 1.1 cents from a week ago, based on the residential heating fuel survey by the U.S. Energy ...

  16. Residential propane prices surges

    Gasoline and Diesel Fuel Update (EIA)

    2, 2014 Residential propane price decreases The average retail price for propane fell to 3.17 per gallon, down 13.1 cents from a week ago, based on the residential heating fuel ...

  17. Residential propane price decreases

    Gasoline and Diesel Fuel Update (EIA)

    propane price decreases The average retail price for propane is 2.36 per gallon, down 6-tenths of a cent from last week, based on the residential heating fuel survey by the U.S. ...

  18. Residential propane price decreases

    Gasoline and Diesel Fuel Update (EIA)

    propane price decreases The average retail price for propane is 2.36 per gallon, down 1.1 cents from last week, based on the residential heating fuel survey by the U.S. Energy ...

  19. Residential propane price increases

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

    propane price increases The average retail price for propane is 2.41 per gallon, up 6-tenths of a cent from last week, based on the residential heating fuel survey by the U.S. ...

  20. Residential propane price increases

    Gasoline and Diesel Fuel Update (EIA)

    propane price increases The average retail price for propane is 1.96 per gallon, up 7-tenths of a cent from last week, based on the residential heating fuel survey by the U.S. ...

  1. Residential propane prices available

    Gasoline and Diesel Fuel Update (EIA)

    propane prices available The average retail price for propane is 2.30 per gallon, based on the U.S. Energy Information Administration's weekly residential heating fuel survey. ...

  2. Residential propane prices increase

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

    propane prices increase The average retail price for propane rose 4.8 cents from a week ago to 2.76 per gallon. That's up 51.2 cents from a year ago, based on the residential ...

  3. Residential propane prices available

    Gasoline and Diesel Fuel Update (EIA)

    8, 2015 Residential propane price increases The average retail price for propane is 1.94 per gallon, up 2 cents from last week, based on the residential heating fuel survey by the ...

  4. Residential propane prices surges

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

    Midwest and Northeast propane prices much higher this winter than last year Households that heat with propane will pay for that propane at prices averaging 39 percent higher in the ...

  5. Residential propane price decreases

    Gasoline and Diesel Fuel Update (EIA)

    propane price decreases The average retail price for propane is 2.01 per gallon, down 6-tenths of a cent from last week, based on the residential heating fuel survey by the U.S. ...

  6. Residential propane prices available

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

    Residential propane price decreases The average retail price for propane is 1.92 per gallon, down 6-tenths of a cent from last week, based on the residential heating fuel survey ...

  7. Residential propane prices available

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

    1, 2015 Residential propane price increases The average retail price for propane is 1.90 per gallon, up 2-tenths of a cent from last week, based on the residential heating fuel ...

  8. Residential propane prices increase

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

    propane prices increase The average retail price for propane rose 5.5 cents per gallon from last week to 2.62 per gallon; up 37.4 cents from a year ago, based on the residential ...

  9. Residential propane price increases

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

    propane price increases The average retail price for propane is 2.00 per gallon, up 7-tenths of a cent from last week, based on the residential heating fuel survey by the U.S. ...

  10. Residential propane prices increase

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

    propane prices increase The average retail price for propane rose 10.3 cents from a week ago to 2.96 per gallon. That's up 68.1 cents from a year ago, based on the residential ...

  11. Residential propane prices increase

    Gasoline and Diesel Fuel Update (EIA)

    propane prices increase The average retail price for propane rose 3.2 cents from a week ago to 2.86 per gallon. That's up 59.3 cents from a year ago, based on the residential ...

  12. Residential propane price increases

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

    Residential propane price decreases The average retail price for propane is 2.01 per gallon, down 8-tenths of a cent from last week, based on the residential heating fuel survey ...

  13. Residential propane price decreases

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

    propane price decreases The average retail price for propane is 2.35 per gallon, down 3-tenths of a cent from last week, based on the residential heating fuel survey by the U.S. ...

  14. Residential propane prices increase

    Gasoline and Diesel Fuel Update (EIA)

    propane prices increase The average retail price for propane rose 9.1 cents from a week ago to 2.71 per gallon. That's up 46.9 cents from a year ago, based on the residential ...

  15. Residential propane prices increase

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

    propane prices increase The average retail price for propane rose 2.3 cents per gallon from last week to 2.57 per gallon; up 32.2 cents from a year ago, based on the residential ...

  16. Residential propane price increases

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

    propane price increases The average retail price for propane is 2.02 per gallon, up 5-tenths of a cent from last week, based on the residential heating fuel survey by the U.S. ...

  17. Residential propane prices available

    Gasoline and Diesel Fuel Update (EIA)

    propane prices available The average retail price for propane is 1.94 per gallon, based on the residential heating fuel survey by the U.S. Energy Information Administration. ...

  18. Residential propane prices increase

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

    propane prices increase The average retail price for propane rose 2.5 cents from a week ago to 2.83 per gallon. That's up 56 cents from a year ago, based on the residential ...

  19. Residential propane price increases

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

    propane price increases The average retail price for propane is 1.98 per gallon, up 5-tenths of a cent from last week, based on the residential heating fuel survey by the U.S. ...

  20. Residential propane price increases

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

    propane price increases The average retail price for propane is 1.99 per gallon, up 3-tenths of a cent from last week, based on the residential heating fuel survey by the U.S. ...

  1. Residential propane price increases

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

    propane price increases The average retail price for propane is 2.01 per gallon, up 1.2 cents from last week, based on the residential heating fuel survey by the U.S. Energy ...

  2. Residential propane price increases

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

    propane price increases The average retail price for propane is 2.02 per gallon, up 4-tenths of a cent from last week, based on the residential heating fuel survey by the U.S. ...

  3. Residential propane prices surges

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

    9, 2014 Residential propane price decreases The average retail price for propane fell to 3.08 per gallon, down 8.6 cents from a week ago, based on the residential heating fuel ...

  4. Residential propane price increases

    Gasoline and Diesel Fuel Update (EIA)

    Residential propane price decreases The average retail price for propane is 2.03 per gallon, down 6-tenths of a cent from last week, based on the residential heating fuel survey ...

  5. Residential propane price

    Gasoline and Diesel Fuel Update (EIA)

    propane price decreases The average retail price for propane is 2.36 per gallon, down 1 cent from last week, based on the residential heating fuel survey by the U.S. Energy ...

  6. Residential propane price decreases

    Gasoline and Diesel Fuel Update (EIA)

    propane price decreases The average retail price for propane is 2.37 per gallon, down 9-tenths of a cent from last week, based on the residential heating fuel survey by the U.S. ...

  7. Residential propane price increases

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

    propane price increases The average retail price for propane is 1.97 per gallon, up 6-tenths of a cent from last week, based on the residential heating fuel survey by the U.S. ...

  8. Residential propane price increases

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

    4, 2015 Residential propane price increases The average retail price for propane is 2.36 per gallon, up half of a cent from last week, based on the residential heating fuel survey ...

  9. Residential propane price increases

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

    Residential propane price virtually unchanged The average retail price for propane is 2.03 per gallon, up 1-tenth of a cent from last week, based on the residential heating fuel ...

  10. Residential propane price

    Gasoline and Diesel Fuel Update (EIA)

    propane price decrease The average retail price for propane is 2.37 per gallon, down 1.3 cents from last week, based on the residential heating fuel survey by the U.S. Energy ...

  11. California Natural Gas Prices

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

    2010 2011 2012 2013 2014 2015 View History Wellhead Price 4.87 1967-2010 Imports Price 4.76 3.57 -- 3.59 -- 2007-2014 Exports Price 4.51 4.18 2.90 3.89 4.56 1997-2014 Pipeline and Distribution Use Price 1967-2005 Citygate Price 4.86 4.47 3.46 4.18 4.88 3.27 1984-2015 Residential Price 9.92 9.93 9.14 9.92 11.51 11.38 1967-2015 Percentage of Total Residential Deliveries included in Prices 98.5 98.3 97.5 96.1 94.8 94.9 1989-2015 Commercial Price 8.30 8.29 7.05 7.81 9.05 7.98 1967-2015 Percentage of

  12. Texas Natural Gas Prices

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

    2010 2011 2012 2013 2014 2015 View History Wellhead Price 4.70 1967-2010 Imports Price 6.72 6.78 10.09 12.94 11.79 1993-2014 Exports Price 4.68 4.44 3.14 3.94 4.67 1989-2014 Pipeline and Distribution Use Price 1967-2005 Citygate Price 5.89 5.39 4.30 4.89 5.77 4.20 1984-2015 Residential Price 10.82 10.21 10.55 10.50 11.16 10.65 1967-2015 Percentage of Total Residential Deliveries included in Prices 100.0 99.7 99.7 99.7 99.8 99.9 1989-2015 Commercial Price 7.90 7.07 6.63 7.25 8.26 NA 1967-2015

  13. ,"Texas Natural Gas Prices"

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

    Data for" ,"Data 1","Texas Natural Gas Prices",8,"Monthly","2... 6:46:23 AM" "Back to Contents","Data 1: Texas Natural Gas Prices" "Sourcekey","N3050TX3"...

  14. The cost of transportation`s oil dependence

    SciTech Connect (OSTI)

    Greene, D.L.

    1995-05-01

    Transportation is critical to the world`s oil dependence problem because of the large share of world oil it consumes and because of its intense dependence on oil. This paper will focus on the economic costs of transportation`s oil dependence.

  15. Do financial investors destabilize the oil price?

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

    ... Moreover, we test whether the ine cient ...nancial trading shock (iii) increased the ... To test for this, we generate the variance decomposition and the historical decomposition ...

  16. Summary Statistics Table 1. Crude Oil Prices

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

    12.07 12.74 12.73 12.93 12.83 February ... 10.71 12.05 12.71 13.24 12.90 13.07 March ... 10.94 12.38 13.00 13.14 13.18 13.16 April...

  17. Summary Statistics Table 1. Crude Oil Prices

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

    1993 January ... 14.70 15.24 16.36 17.40 16.80 17.11 February ... 15.53 16.09 17.12 17.84 17.41 17.64 March ......

  18. Summary Statistics Table 1. Crude Oil Prices

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

    1997 January ... 21.76 21.19 22.21 24.25 23.02 23.59 February ... 19.38 18.99 19.98 22.49 20.88 21.64 March ......

  19. Summary Statistics Table 1. Crude Oil Prices

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

    2000 January ... 23.53 24.56 25.61 25.79 25.29 25.49 February ... 25.48 26.51 27.01 27.80 27.39 27.55 March ......

  20. Summary Statistics Table 1. Crude Oil Prices

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

    1996 January ... 15.43 16.17 17.31 17.98 17.48 17.74 February ... 15.54 16.86 17.81 18.10 17.77 17.95 March ......

  1. Summary Statistics Table 1. Crude Oil Prices

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

    retail outlets, e.g., sales to agricultural customers, commercial sales, and industrial sales. Source: Energy Information Administration Form EIA-782A, "Refiners'Gas...

  2. Summary Statistics Table 1. Crude Oil Prices

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

    19.75 19.57 19.56 19.57 September ... 20.03 21.04 21.70 21.75 21.64 21.68 October ... 19.71 20.89 21.78 22.40 21.62 21.93 November...

  3. Summary Statistics 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;...

  4. First AEO2015 Oil and Gas Working Group Meeting Summary

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

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

  5. Vermont Natural Gas Prices

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

    Pipeline and Distribution Use Price 1982-2005 Citygate Price 8.29 7.98 6.63 6.16 7.08 NA 1984-2015 Residential Price 16.14 16.17 16.73 15.87 14.68 14.56 1980-2015 Percentage of ...

  6. Idaho Natural Gas Prices

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

    Pipeline and Distribution Use Price 1967-2005 Citygate Price 4.82 4.65 4.07 3.93 4.29 3.95 1984-2015 Residential Price 8.95 8.80 8.26 8.12 8.54 8.62 1967-2015 Percentage of Total ...

  7. Georgia Natural Gas Prices

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

    Pipeline and Distribution Use Price 1967-2005 Citygate Price 5.93 5.19 4.35 4.66 5.19 3.82 1984-2015 Residential Price 15.17 15.72 16.23 14.60 14.45 15.06 1967-2015 Percentage of ...

  8. Michigan Natural Gas Prices

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

    Pipeline and Distribution Use Price 1967-2005 Citygate Price 7.07 6.18 5.50 4.91 5.54 4.22 1984-2015 Residential Price 11.32 10.47 9.95 9.09 9.33 8.78 1967-2015 Percentage of Total ...

  9. Kansas Natural Gas Prices

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

    Pipeline and Distribution Use Price 1967-2005 Citygate Price 6.08 5.53 4.74 4.98 6.10 NA 1984-2015 Residential Price 10.61 9.93 10.12 10.19 10.59 NA 1967-2015 Percentage of Total ...

  10. Montana Natural Gas Prices

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

    Pipeline and Distribution Use Price 1967-2005 Citygate Price 5.17 5.11 4.23 4.21 5.03 3.71 1984-2015 Residential Price 8.64 8.80 8.05 8.19 9.11 8.21 1967-2015 Percentage of Total ...

  11. Alabama Natural Gas Prices

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

    Pipeline and Distribution Use Price 1967-2005 Citygate Price 6.46 5.80 5.18 4.65 4.93 NA 1984-2015 Residential Price 15.79 15.08 16.20 15.47 14.59 13.95 1967-2015 Percentage of ...

  12. Louisiana Natural Gas Prices

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

    Pipeline and Distribution Use Price 1967-2005 Citygate Price 5.43 5.67 3.48 4.12 4.90 3.32 1984-2015 Residential Price 11.73 11.37 11.54 10.80 10.89 10.71 1967-2015 Percentage of ...

  13. Minnesota Natural Gas Prices

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

    Pipeline and Distribution Use Price 1967-2005 Citygate Price 5.48 5.04 4.26 4.58 6.56 4.40 1984-2015 Residential Price 8.76 8.85 7.99 8.19 9.89 8.84 1967-2015 Percentage of Total ...

  14. Virginia Natural Gas Prices

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

    Pipeline and Distribution Use Price 1967-2005 Citygate Price 6.88 6.64 5.64 5.54 5.98 4.87 1984-2015 Residential Price 12.73 12.72 12.42 11.68 12.07 11.58 1967-2015 Percentage of ...

  15. Wisconsin Natural Gas Prices

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

    Pipeline and Distribution Use Price 1967-2005 Citygate Price 6.14 5.65 4.88 4.88 6.96 4.71 1984-2015 Residential Price 10.34 9.77 9.27 8.65 10.52 NA 1967-2015 Percentage of Total ...

  16. Kentucky Natural Gas Prices

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

    Pipeline and Distribution Use Price 1967-2005 Citygate Price 5.69 5.18 4.17 4.47 5.16 NA 1984-2015 Residential Price 10.02 10.44 10.19 9.80 10.62 10.94 1967-2015 Percentage of ...

  17. Missouri Natural Gas Prices

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

    Pipeline and Distribution Use Price 1967-2005 Citygate Price 6.17 5.85 5.27 4.99 5.76 4.65 1984-2015 Residential Price 11.66 12.02 12.25 10.88 10.83 11.59 1967-2015 Percentage of ...

  18. Indiana Natural Gas Prices

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

    Pipeline and Distribution Use Price 1967-2005 Citygate Price 5.52 4.97 4.23 4.38 5.63 NA 1984-2015 Residential Price 8.63 9.46 8.94 8.43 9.02 NA 1967-2015 Percentage of Total ...

  19. Massachusetts Natural Gas Prices

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

    Pipeline and Distribution Use Price 1967-2005 Citygate Price 7.74 7.04 6.03 6.20 6.96 NA 1984-2015 Residential Price 14.53 13.81 13.22 13.49 14.50 NA 1967-2015 Percentage of Total ...

  20. Maryland Natural Gas Prices

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

    Pipeline and Distribution Use Price 1967-2005 Citygate Price 6.49 6.26 5.67 5.37 6.36 4.99 1984-2015 Residential Price 12.44 12.10 12.17 11.67 12.21 12.05 1967-2015 Percentage of ...

  1. Maine Natural Gas Prices

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

    Pipeline and Distribution Use Price 1967-2005 Citygate Price 8.19 8.14 7.73 7.35 10.33 NA 1984-2015 Residential Price 14.14 14.20 15.94 15.21 16.90 NA 1967-2015 Percentage of Total ...

  2. Utah Natural Gas Prices

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

    Pipeline and Distribution Use Price 1967-2005 Citygate Price 5.53 5.68 5.50 5.70 5.74 5.70 1984-2015 Residential Price 8.22 8.44 8.70 8.55 9.48 9.72 1967-2015 Percentage of Total ...

  3. Mississippi Natural Gas Prices

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

    Pipeline and Distribution Use Price 1967-2005 Citygate Price 5.73 5.29 3.97 4.44 5.29 NA 1984-2015 Residential Price 10.19 9.47 9.60 9.00 9.49 9.71 1967-2015 Percentage of Total ...

  4. Washington Natural Gas Prices

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

    Pipeline and Distribution Use Price 1967-2005 Citygate Price 6.29 5.55 4.48 4.89 5.82 4.42 1984-2015 Residential Price 12.24 12.30 11.87 11.37 10.59 10.61 1967-2015 Percentage of ...

  5. Iowa Natural Gas Prices

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

    Pipeline and Distribution Use Price 1967-2005 Citygate Price 5.69 5.27 4.84 4.95 6.24 NA 1984-2015 Residential Price 9.57 9.54 9.46 8.99 10.02 8.49 1967-2015 Percentage of Total ...

  6. Residential propane price increases

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

    propane price increases The average retail price for propane is $2.02 per gallon, up 4-tenths of a cent from last week, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.48 per gallon, down 1-tenth of a cent from last week, and down 43

  7. The Oil Market: From Boom to Gloom

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

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

  8. Diesel prices decrease

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

    Diesel prices decrease The U.S. average retail price for on-highway diesel fuel fell to $4.05 a gallon on Monday. That's down 4.1 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration. Diesel prices were highest in the New England region at 4.20 a gallon, down 3.9 cents from a week ago. Prices were lowest in the Rocky Mountain States at 3.97 a gallon, down 3.9 cents

  9. Diesel prices decrease

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

    Diesel prices decrease The U.S. average retail price for on-highway diesel fuel fell to $3.88 a gallon on Monday. That's down a penny from a week ago, based on the weekly price survey by the U.S. Energy Information Administration. Diesel prices were highest in the New England region at 3.99 a gallon, remaining unchanged from a week ago. Prices were lowest in the Gulf Coast region at 3.78 a gallon, also unchanged from a week ago.

  10. Diesel prices decrease

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

    Diesel prices decrease The U.S. average retail price for on-highway diesel fuel fell to $3.85 a gallon on Monday. That's down 2 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration. Diesel prices were highest in the New England region at 3.98 a gallon, down 6-tenths of a penny from a week ago. Prices were lowest in the Gulf Coast region at 3.75 a gallon, down 2.2 cents.

  11. Diesel prices decrease

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

    Diesel prices decrease The U.S. average retail price for on-highway diesel fuel fell to $3.82 a gallon on Monday. That's down 2.1 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration. Diesel prices were highest in the New England region at 3.97 a gallon, down 1.3 cents from a week ago. Prices were lowest in the Lower Atlantic and the Gulf Coast regions at 3.73 a gallon

  12. Diesel prices decrease

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

    Diesel prices decrease The U.S. average retail price for on-highway diesel fuel fell to $3.87 a gallon on Monday. That's down 1.6 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration. Diesel prices were highest in the West Coast states at 4.04 a gallon, down 1.3 cents from a week ago. Prices were lowest in the Gulf Coast region at 3.78 a gallon, down 1

  13. Diesel prices decrease

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

    Diesel prices decrease The U.S. average retail price for on-highway diesel fuel fell to $3.88 a gallon on Monday. That's down 0.4 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration. Diesel prices were highest in the New England region at 4.07 a gallon, up 2.6 cents from a week ago. Prices were lowest in the Gulf Coast region at 3.77 a gallon, down 0.7 cents. This is Marlana Anderson, with EIA, in Washington. For more information, contact Marlana

  14. Diesel prices decrease slightly

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

    Diesel prices decrease slightly The U.S. average retail price for on-highway diesel fuel fell slightly to $3.84 a gallon on Monday. That's down 3-tenths of a penny from a week ago, based on the weekly price survey by the U.S. Energy Information Administration. Diesel prices were highest in the New England region at 3.98 a gallon, up 4-tenths of a penny from a week ago. Prices were lowest in the Gulf Coast region at 3.74 a gallon, down a tenth of a penny.

  15. Diesel prices flat nationally

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

    Diesel prices flat nationally The U.S. average retail price for on-highway diesel fuel remained the same from a week ago at $3.98 a gallon on Monday, based on the weekly price survey by the U.S. Energy Information Administration. Diesel prices were highest in the West Coast states at 4.14 a gallon, up 1.4 cents from a week ago. Prices were lowest in the Gulf Coast region at 3.90 a gallon, up a tenth of a penny.

  16. Diesel prices increase

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

    Diesel prices increase The U.S. average retail price for on-highway diesel fuel rose to $3.84 a gallon on Monday. That's up 2.2 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration. Diesel prices were highest in the New England region at $4.00 a gallon, up 2.2 cents from a week ago. Prices were lowest in the Gulf Coast region at 3.75 a gallon, up 8-tenths of a penny. This is Marlana Anderson, with EIA, in Washington. For more information, contact

  17. Diesel prices increase

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

    Diesel prices increase The U.S. average retail price for on-highway diesel fuel rose to $3.90 a gallon on Monday. That's up 3 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration. Diesel prices were highest in the New England region at 4.11 a gallon, up 4.2 cents from a week ago. Prices were lowest in the Gulf Coast states at 3.79 a gallon, up 1.7 cents.

  18. Diesel prices increase nationally

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

    Diesel prices increase nationally The U.S. average retail price for on-highway diesel fuel rose to $3.91 a gallon on Monday. That's up 1.3 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration. Diesel prices were highest in the West Coast states at 4.07 a gallon, up 1 1/2 cents from a week ago. Prices were lowest in the Gulf Coast region at 3.83 a gallon, up 7-tenths of a penny.

  19. Diesel prices rise slightly

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

    Diesel prices rise slightly The U.S. average retail price for on-highway diesel fuel rose slightly to $4.16 a gallon on Monday. That's up 2-tenths of a penny from a week ago, based on the weekly price survey by the U.S. Energy Information Administration. Diesel prices were highest in the New England region at 4.34 a gallon, up a penny from a week ago. Prices were lowest in the Rocky Mountain States at 4.06 a gallon, up 2 1/

  20. Diesel prices slightly decrease

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

    Diesel prices slightly decrease The U.S. average retail price for on-highway diesel fuel fell to $3.87 a gallon on Monday. That's down 1.1 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration. Diesel prices were highest in the New England region at 3.98 a gallon, down 7-tenths of a penny from a week ago. Prices were lowest in the Gulf Coast region at 3.77 a gallon, down half a penny. This is Amerine Woodyard, with EIA, in

  1. Diesel prices slightly decrease

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

    Diesel prices slightly decrease The U.S. average retail price for on-highway diesel fuel fell slightly to $3.84 a gallon on Monday. That's down 8-tenths of a penny from a week ago, based on the weekly price survey by the U.S. Energy Information Administration. Diesel prices were highest in the New England region at 3.98 a gallon, up 2-tenths of a penny from a week ago. Prices were lowest in the Gulf Coast region at 3.74 a gallon, down 7-tenths of a penny.

  2. Diesel prices slightly increase

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

    Diesel prices slightly increase The U.S. average retail price for on-highway diesel fuel rose slightly to $3.87 a gallon on Monday. That's up 2-tenths of a penny from a week ago, based on the weekly price survey by the U.S. Energy Information Administration. Diesel prices were highest in the New England region at 4.07 a gallon, up half a penny from a week ago. Prices were lowest in the Gulf Coast states at 3.77 a gallon, up 6-tenths of a penny.

  3. Conventional Energy (Oil, Gas, and Coal) Forum & Associated Vertical...

    Office of Environmental Management (EM)

    CONVENTIONAL ENERGY (OIL, GAS & COAL) FORUM & ASSOCIATED VERTICAL BUSINESS DEVELOPMENT ... South, Las Vegas, NV 89119 The dynamic world of conventional energy (focusing on oil, gas ...

  4. Oil Market Assessment

    Reports and Publications (EIA)

    2001-01-01

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

  5. Nebraska Natural Gas Prices

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

    2010 2011 2012 2013 2014 2015 View History Wellhead Price 3.98 1967-2010 Pipeline and Distribution Use Price 1967-2005 Citygate Price 5.62 5.11 4.31 4.61 5.58 NA 1984-2015 Residential Price 8.95 8.84 8.68 8.39 8.77 8.94 1967-2015 Percentage of Total Residential Deliveries included in Prices 87.4 87.3 85.8 87.5 87.8 87.2 1989-2015 Commercial Price 7.08 6.69 6.19 6.49 7.27 6.54 1967-2015 Percentage of Total Commercial Deliveries included in Prices 60.6 60.6 55.8 57.3 56.4 56.1 1990-2015 Industrial

  6. Nevada Natural Gas Prices

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

    2010 2011 2012 2013 2014 2015 View History Wellhead Price NA 2006-2010 Pipeline and Distribution Use Price 1967-2005 Citygate Price 7.19 6.77 5.13 5.16 5.90 4.06 1984-2015 Residential Price 12.25 10.66 10.14 9.42 11.44 11.82 1967-2015 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0 1989-2015 Commercial Price 9.77 8.07 7.43 6.61 8.21 8.66 1967-2015 Percentage of Total Commercial Deliveries included in Prices 65.4 64.3 61.4 60.1 58.4 57.9 1990-2015

  7. Ohio Natural Gas Prices

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

    2010 2011 2012 2013 2014 2015 View History Wellhead Price 4.63 1967-2010 Pipeline and Distribution Use Price 1967-2005 Citygate Price 6.87 5.51 4.47 4.51 4.91 4.49 1984-2015 Residential Price 11.13 10.78 9.91 9.46 10.16 9.49 1967-2015 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0 1989-2015 Commercial Price 9.25 8.55 7.11 6.21 7.82 6.62 1967-2015 Percentage of Total Commercial Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0

  8. Oklahoma Natural Gas Prices

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

    2010 2011 2012 2013 2014 2015 View History Wellhead Price 4.71 1967-2010 Pipeline and Distribution Use Price 1967-2005 Citygate Price 6.18 5.67 5.00 4.75 5.35 4.59 1984-2015 Residential Price 11.12 10.32 11.10 9.71 10.10 10.26 1967-2015 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0 1989-2015 Commercial Price 9.77 8.94 8.95 8.05 8.26 8.22 1967-2015 Percentage of Total Commercial Deliveries included in Prices 47.5 46.3 41.1 44.6 45.3 44.1

  9. Oregon Natural Gas Prices

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

    2010 2011 2012 2013 2014 2015 View History Wellhead Price 4.92 1979-2010 Pipeline and Distribution Use Price 1967-2005 Citygate Price 6.78 5.84 5.21 4.82 5.40 4.65 1984-2015 Residential Price 12.49 11.76 11.22 10.84 11.72 NA 1967-2015 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0 1989-2015 Commercial Price 10.10 9.60 8.91 8.60 9.44 NA 1967-2015 Percentage of Total Commercial Deliveries included in Prices 97.4 97.4 96.9 96.6 96.0 NA 1990-2015

  10. Pennsylvania Natural Gas Prices

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

    2010 2011 2012 2013 2014 2015 View History Wellhead Price NA 1967-2010 Pipeline and Distribution Use Price 1967-2005 Citygate Price 7.04 6.28 5.52 5.26 5.59 4.36 1984-2015 Residential Price 12.90 12.46 11.99 11.63 11.77 NA 1967-2015 Percentage of Total Residential Deliveries included in Prices 100.0 91.2 88.6 87.3 86.2 NA 1989-2015 Commercial Price 10.47 10.42 10.24 10.11 10.13 NA 1967-2015 Percentage of Total Commercial Deliveries included in Prices 100.0 48.5 42.1 40.2 41.4 NA 1990-2015

  11. Wyoming Natural Gas Prices

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

    2010 2011 2012 2013 2014 2015 View History Wellhead Price 4.30 1967-2010 Pipeline and Distribution Use Price 1967-2005 Citygate Price 5.04 4.65 4.03 4.51 5.27 4.36 1984-2015 Residential Price 8.58 8.72 8.42 8.27 9.34 9.19 1967-2015 Percentage of Total Residential Deliveries included in Prices 75.4 75.6 75.3 73.8 72.9 73.3 1989-2015 Commercial Price 7.13 7.29 6.72 6.81 7.69 NA 1967-2015 Percentage of Total Commercial Deliveries included in Prices 65.3 64.0 62.6 62.9 60.8 NA 1990-2015 Industrial

  12. Alaska Natural Gas Prices

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

    2010 2011 2012 2013 2014 2015 View History Wellhead Price 3.17 1967-2010 Exports Price 12.19 12.88 15.71 -- 15.74 1989-2014 Pipeline and Distribution Use Price 1970-2005 Citygate Price 6.67 6.53 6.14 6.02 6.34 6.57 1988-2015 Residential Price 8.89 8.77 8.47 8.85 9.11 9.68 1967-2015 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0 1989-2015 Commercial Price 8.78 8.09 8.09 8.34 8.30 8.01 1967-2015 Percentage of Total Commercial Deliveries included

  13. Arizona Natural Gas Prices

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

    2010 2011 2012 2013 2014 2015 View History Wellhead Price 4.11 1967-2010 Exports Price 4.57 4.28 3.07 4.17 5.15 1989-2014 Pipeline and Distribution Use Price 1967-2005 Citygate Price 6.59 5.91 4.68 4.73 5.20 NA 1984-2015 Residential Price 15.87 15.04 15.75 13.92 17.20 17.04 1967-2015 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0 1989-2015 Commercial Price 10.72 9.99 9.35 8.76 10.34 10.53 1967-2015 Percentage of Total Commercial Deliveries

  14. Arkansas Natural Gas Prices

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

    2010 2011 2012 2013 2014 2015 View History Wellhead Price 3.84 1967-2010 Pipeline and Distribution Use Price 1967-2005 Citygate Price 6.76 6.27 5.36 4.99 5.84 4.76 1984-2015 Residential Price 11.53 11.46 11.82 10.46 10.39 11.20 1967-2015 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0 1989-2015 Commercial Price 8.89 8.90 7.99 7.68 7.88 8.08 1967-2015 Percentage of Total Commercial Deliveries included in Prices 55.6 51.5 40.2 43.7 45.5 42.5

  15. Colorado Natural Gas Prices

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

    2010 2011 2012 2013 2014 2015 View History Wellhead Price 3.96 1967-2010 Pipeline and Distribution Use Price 1967-2005 Citygate Price 5.26 4.94 4.26 4.76 5.42 3.96 1984-2015 Residential Price 8.13 8.25 8.28 7.85 8.89 NA 1967-2015 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 NA 1989-2015 Commercial Price 7.58 7.84 7.58 7.26 8.15 NA 1967-2015 Percentage of Total Commercial Deliveries included in Prices 94.6 93.8 92.2 94.7 94.5 NA 1990-2015 Industrial

  16. Florida Natural Gas Prices

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

    2010 2011 2012 2013 2014 2015 View History Wellhead Price NA 1967-2010 Pipeline and Distribution Use Price 1967-2005 Citygate Price 5.49 5.07 3.93 4.44 5.05 NA 1984-2015 Residential Price 17.89 18.16 18.34 18.46 19.02 19.29 1967-2015 Percentage of Total Residential Deliveries included in Prices 100.0 98.0 97.7 97.8 97.8 97.8 1989-2015 Commercial Price 10.60 11.14 10.41 10.87 11.38 10.74 1967-2015 Percentage of Total Commercial Deliveries included in Prices 100.0 38.5 37.0 33.3 32.3 NA 1990-2015

  17. Illinois Natural Gas Prices

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

    2010 2011 2012 2013 2014 2015 View History Wellhead Price NA 1967-2010 Pipeline and Distribution Use Price 1967-2005 Citygate Price 5.52 5.09 4.11 4.43 6.28 3.82 1984-2015 Residential Price 9.39 8.78 8.26 8.20 9.59 7.95 1967-2015 Percentage of Total Residential Deliveries included in Prices 88.0 88.0 87.9 87.7 87.3 86.3 1989-2015 Commercial Price 8.76 8.27 7.78 7.57 8.86 7.27 1967-2015 Percentage of Total Commercial Deliveries included in Prices 42.3 38.1 36.8 38.4 38.5 36.1 1990-2015 Industrial

  18. Tennessee Natural Gas Prices

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

    2010 2011 2012 2013 2014 2015 View History Wellhead Price 4.35 1967-2010 Pipeline and Distribution Use Price 1967-2005 Citygate Price 5.78 5.23 4.35 4.73 5.37 4.06 1984-2015 Residential Price 10.46 10.21 9.95 9.44 10.13 9.69 1967-2015 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0 1989-2015 Commercial Price 9.39 9.04 8.36 8.41 9.30 8.46 1967-2015 Percentage of Total Commercial Deliveries included in Prices 90.8 89.9 88.8 90.0 90.7 88.6 1990-2015

  19. Running Out Of and Into Oil. Analyzing Global Oil Depletion and Transition Through 2050

    SciTech Connect (OSTI)

    Greene, David L.; Hopson, Janet L.; Li, Jia

    2003-10-01

    This report presents a risk analysis of world conventional oil resource production, depletion, expansion, and a possible transition to unconventional oil resources such as oil sands, heavy oil and shale oil over the period 2000 to 2050. Risk analysis uses Monte Carlo simulation methods to produce a probability distribution of outcomes rather than a single value.

  20. Low prices harpoon Canada's mini-boom

    SciTech Connect (OSTI)

    Maciej, H. )

    1989-02-01

    The authors present an analysis of the year 1988 in the Canadian oil and gas industry. With budgets underpinned by price expectations of $17/bbl to $18/bbl for WTI crude, optimism pervaded industry at the beginning of the year. Budget plans called for total spending of some C$7.6 billion, an increase of 25% over the C$6.1 invested in 1987. Drilling plans would have made 1988 the fourth best year on record with total well completions close to the 9,000-well mark. The year started strongly, as prices performed close to expectations. When prices began to soften and no reversal was apparent, corporate expenditures began to be adjusted in the second half.

  1. Incremental pricing: a modern shell game

    SciTech Connect (OSTI)

    Hogan, T.M.

    1980-10-23

    The effects of the incremental pricing of natural gas - provided for by the Natural Gas Policy Act of 1978 - are discussed. Under this legislation, industrial rates will actually increase more than the amount required by incremental pricing. Some residential customers will subsidize others at rates that will be higher than those before incremental pricing, while other residential customers could conceivably receive free service. Meanwhile, a trend of customers shifting from one utility to another could develop. Although some utilities will be prevented economically from expanding their service areas, others will be granted economic advantages for expanding, leading in some instances to the possible violation of antitrust laws. Under the act, government tax revenues will ultimately be reduced and the costs of natural gas service will increase. In the end, natural gas utilities and their industrial customers will experience accusations of overpricing similar to those currently made against oil companies.

  2. Residential Heating Oil Weekly Heating Oil and Propane Prices (October -

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

    March) 2.094 2.089 2.096 2.122 2.132 2.131 1990-2016 East Coast (PADD 1) 2.100 2.095 2.101 2.127 2.137 2.136 1990-2016 New England (PADD 1A) 2.043 2.034 2.039 2.061 2.070 2.068 1990-2016 Connecticut 2.192 2.209 2.199 2.237 2.238 2.233 1990-2016 Maine 1.779 1.750 1.747 1.774 1.788 1.792 1990-2016 Massachusetts 2.133 2.115 2.126 2.140 2.157 2.155 1990-2016 New Hampshire 2.013 2.010 1.993 1.995 1.995 1.993 1990-2016 Rhode Island 2.111 2.093 2.123 2.157 2.178 2.169 1990-2016 Vermont 1.795 1.789

  3. Wholesale Heating Oil Weekly Heating Oil and Propane Prices ...

    Gasoline and Diesel Fuel Update (EIA)

    Maine 1.124 1.150 1.251 1.328 1.348 1.302 2013-2016 Massachusetts 1.190 1.214 1.349 1.389 1.406 1.364 2013-2016 New Hampshire 1.072 1.092 1.239 1.239 1.263 1.225 2013-2016 Rhode ...

  4. Incremental cost pricing of transmission services. Final report

    SciTech Connect (OSTI)

    Not Available

    1994-12-01

    This report, prepared by ICF Resources, under a sub-contract with IT Corporation, is concerned chiefly with examining the economic concepts underlying an Incremental Cost Pricing Framework (ICPF), which is defined here as a pricing regime that takes into account several factors: economic efficiency in terms of sending the correct long-term price signals to both users and owners of transmission assets; pricing of individual services in relationship to cost causation; full recovery of costs associated with transmission service; and applicability to real-world power systems without extraordinary administrative burdens. In the course of this examination, the report makes assumptions, as necessary, and assesses the extent to which they may or may not comport with real-world conditions. It also assesses the pros and cons of different approaches to pricing various components of transmission service without making a recommendation as to the superiority of one approach over another from a public policy perspective.

  5. Ohio Natural Gas Prices

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

    Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 View History Citygate Price 3.60 3.55 3.09 2.41 2.61 2.46 1989-2016 Residential Price 6.48 6.44 7.16 8.01 11.73 19.29 1989-2016 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0 2002-2016 Commercial Price 5.32 5.30 5.31 5.38 6.17 7.03 1989-2016 Percentage of Total Commercial Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0 1989-2016 Industrial Price 5.31 5.11 5.01 NA 6.59 NA 2001-2016

  6. Oklahoma Natural Gas Prices

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

    Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 View History Citygate Price 3.48 3.68 3.58 3.73 3.83 4.77 1989-2016 Residential Price 6.54 6.82 8.93 10.97 16.74 19.82 1989-2016 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0 2002-2016 Commercial Price 5.45 5.48 6.86 8.18 11.01 12.45 1989-2016 Percentage of Total Commercial Deliveries included in Prices 48.8 53.8 45.2 41.4 29.2 31.5 1989-2016 Industrial Price 9.63 5.25 5.43 7.81 8.85 NA 2001-2016

  7. Vermont Natural Gas Prices

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

    5.52 5.98 6.93 4.85 4.96 4.24 1989-2016 Residential Price 13.24 12.53 12.66 13.30 14.26 18.40 1989-2016 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0 2002-2016 Commercial Price 7.14 7.00 6.22 6.60 6.71 5.51 1989-2016 Percentage of Total Commercial Deliveries included in Prices 100 100 100 100 100 100 1989-2016 Industrial Price 5.14 5.17 4.96 4.93 5.13 4.97 2001-2016 Percentage of Total Industrial Deliveries included in Prices 100.0 100.0 100.0

  8. Washington Natural Gas Prices

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

    21 3.63 NA 3.43 3.85 3.57 1989-2016 Residential Price 9.23 10.28 10.01 9.50 9.96 NA 1989-2016 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 NA 2002-2016 Commercial Price 7.85 8.38 7.79 7.76 7.85 NA 1989-2016 Percentage of Total Commercial Deliveries included in Prices 89.0 86.7 87.5 81.5 81.4 NA 1989-2016 Industrial Price 7.31 7.66 7.41 7.32 7.27 8.08 2001-2016 Percentage of Total Industrial Deliveries included in Prices 8.3 7.6 7.9 6.3 5.3 4.4

  9. Indiana Natural Gas Prices

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

    Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 View History Citygate Price 3.26 3.25 3.45 2.91 3.25 4.35 1989-2016 Residential Price 5.95 6.33 7.97 NA 9.95 16.29 1989-2016 Percentage of Total Residential Deliveries included in Prices 96.1 95.9 95.3 NA 95.2 95.0 2002-2016 Commercial Price 5.26 5.58 6.92 NA 7.08 9.35 1989-2016 Percentage of Total Commercial Deliveries included in Prices 71.5 70.1 63.9 NA 59.4 53.9 1989-2016 Industrial Price 4.31 4.81 4.44 4.35 4.06 4.92 2001-2016 Percentage of Total

  10. Kansas Natural Gas Prices

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

    Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 View History Citygate Price 3.38 3.41 3.56 4.41 4.57 5.64 1989-2016 Residential Price 7.27 7.90 9.53 11.41 13.85 19.42 1989-2016 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0 2002-2016 Commercial Price 6.63 7.11 8.83 NA NA 12.67 1989-2016 Percentage of Total Commercial Deliveries included in Prices 67.5 68.2 52.8 NA NA 33.1 1989-2016 Industrial Price 6.88 6.37 4.34 NA 3.38 3.34 2001-2016 Percentage of

  11. Maine Natural Gas Prices

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

    7.79 8.85 7.53 3.58 3.81 5.37 1989-2016 Residential Price 13.12 13.08 12.99 12.57 13.48 16.59 1989-2016 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0 2002-2016 Commercial Price 11.36 11.16 10.79 9.71 9.54 9.62 1989-2016 Percentage of Total Commercial Deliveries included in Prices 60.1 61.4 60.0 60.5 56.6 51.8 1989-2016 Industrial Price 8.46 8.52 8.51 8.46 5.40 5.55 2001-2016 Percentage of Total Industrial Deliveries included in Prices NA NA NA

  12. Maryland Natural Gas Prices

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

    NA 3.52 4.34 3.93 4.57 7.14 1989-2016 Residential Price 9.95 9.46 11.04 NA 12.66 16.06 1989-2016 Percentage of Total Residential Deliveries included in Prices 75.0 74.4 72.5 NA 71.6 72.3 2002-2016 Commercial Price NA 8.18 8.87 NA NA 9.85 1989-2016 Percentage of Total Commercial Deliveries included in Prices NA 30.6 28.5 NA NA 20.1 1989-2016 Industrial Price 8.37 8.53 8.62 7.63 7.42 NA 2001-2016 Percentage of Total Industrial Deliveries included in Prices 13.5 12.1 8.6 5.8 3.8 NA 2001-2016

  13. Minnesota Natural Gas Prices

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

    43 3.65 3.77 2.94 2.98 3.49 1989-2016 Residential Price 7.05 6.93 7.96 7.59 10.52 12.21 1989-2016 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0 2002-2016 Commercial Price 6.53 6.08 6.49 6.10 NA 7.37 1989-2016 Percentage of Total Commercial Deliveries included in Prices 88.1 84.1 83.8 83.6 NA 73.0 1989-2016 Industrial Price 4.43 4.28 3.68 3.36 4.27 3.76 2001-2016 Percentage of Total Industrial Deliveries included in Prices NA NA 14.8 NA 14.2

  14. Mississippi Natural Gas Prices

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

    Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 View History Citygate Price 3.28 3.85 NA 3.36 3.19 3.46 1989-2016 Residential Price 8.65 8.17 9.26 11.05 13.30 14.29 1989-2016 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 NA 100.0 NA 2002-2016 Commercial Price 7.96 7.58 7.86 8.07 7.54 7.06 1989-2016 Percentage of Total Commercial Deliveries included in Prices 88.5 88.1 86.0 82.7 80.2 79.8 1989-2016 Industrial Price 4.45 4.39 4.16 3.88 3.61 3.74 2001-2016 Percentage of

  15. Wyoming Natural Gas Prices

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

    Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 View History Citygate Price 3.62 3.75 3.44 3.14 3.04 2.82 1989-2016 Residential Price 6.90 7.16 7.71 7.92 9.17 12.40 1989-2016 Percentage of Total Residential Deliveries included in Prices 73.1 74.2 NA 73.0 72.2 69.0 2002-2016 Commercial Price 6.16 6.23 6.35 6.41 6.85 7.03 1989-2016 Percentage of Total Commercial Deliveries included in Prices 54.2 56.3 NA 55.7 57.1 51.9 1989-2016 Industrial Price 3.97 3.83 3.78 4.04 NA NA 2001-2016 Percentage of Total

  16. Connecticut Natural Gas Prices

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

    27 3.45 3.09 3.20 3.85 4.58 1989-2016 Residential Price 10.32 10.65 11.71 12.85 15.00 19.15 1989-2016 Percentage of Total Residential Deliveries included in Prices 96.6 96.6 96.4 96.2 95.4 95.3 2002-2016 Commercial Price NA 7.26 7.90 9.33 9.82 11.77 1989-2016 Percentage of Total Commercial Deliveries included in Prices NA 80.7 79.9 75.9 73.0 70.9 1989-2016 Industrial Price 6.10 5.71 5.84 6.84 6.58 6.05 2001-2016 Percentage of Total Industrial Deliveries included in Prices 50.9 52.1 49.4 47.1

  17. Florida Natural Gas Prices

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

    86 3.95 3.83 3.37 3.50 3.46 1989-2016 Residential Price 16.78 16.00 17.06 17.83 20.52 22.40 1989-2016 Percentage of Total Residential Deliveries included in Prices 97.5 97.9 97.7 97.4 97.9 97.9 2002-2016 Commercial Price 10.70 10.62 10.50 10.29 10.16 10.38 1989-2016 Percentage of Total Commercial Deliveries included in Prices 29.4 31.0 29.8 29.4 28.5 26.5 1989-2016 Industrial Price 6.36 6.11 6.28 5.72 5.20 5.30 2001-2016 Percentage of Total Industrial Deliveries included in Prices 3.0 4.2 3.4

  18. Georgia Natural Gas Prices

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

    35 3.27 3.21 3.19 3.37 3.44 1989-2016 Residential Price 10.79 10.94 13.01 16.48 20.53 24.74 1989-2016 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0 2002-2016 Commercial Price 6.57 7.05 7.42 7.98 8.22 8.53 1989-2016 Percentage of Total Commercial Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0 1989-2016 Industrial Price 4.02 3.95 3.46 3.45 3.50 3.54 2001-2016 Percentage of Total Industrial Deliveries included in Prices 20.0

  19. Hawaii Natural Gas Prices

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

    10.93 10.52 13.19 14.19 16.20 17.26 1989-2016 Residential Price 33.36 33.65 36.99 36.85 39.90 42.55 1989-2016 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0 2002-2016 Commercial Price 24.18 23.66 27.26 28.09 30.04 32.82 1989-2016 Percentage of Total Commercial Deliveries included in Prices 100 100 100 100 100 100 1989-2016 Industrial Price 16.17 14.45 13.73 14.45 15.05 16.92 2001-2016 Percentage of Total Industrial Deliveries included in Prices

  20. Illinois Natural Gas Prices

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

    Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 View History Citygate Price 3.12 2.79 3.33 3.39 3.10 NA 1989-2016 Residential Price 5.82 6.29 7.07 7.52 10.46 12.59 1989-2016 Percentage of Total Residential Deliveries included in Prices 87.5 86.5 84.5 84.7 82.9 86.3 2002-2016 Commercial Price 5.52 5.86 6.49 6.96 9.45 10.90 1989-2016 Percentage of Total Commercial Deliveries included in Prices 41.2 39.9 35.4 32.7 26.4 23.8 1989-2016 Industrial Price 4.13 4.37 4.57 4.77 NA 5.30 2001-2016 Percentage of

  1. Texas Natural Gas Prices

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

    Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 View History Citygate Price 3.79 3.87 3.60 3.20 3.20 3.41 1989-2016 Residential Price 7.79 7.81 10.04 11.66 16.37 NA 1989-2016 Percentage of Total Residential Deliveries included in Prices 99.8 99.8 99.8 99.8 99.8 NA 2002-2016 Commercial Price 5.90 5.77 6.08 6.06 6.74 6.63 1989-2016 Percentage of Total Commercial Deliveries included in Prices 78.6 76.4 71.9 69.3 63.0 NA 1989-2016 Industrial Price 2.40 2.37 1.89 2.08 2.14 2.16 2001-2016 Percentage of

  2. Oil/Liquids | Open Energy Information

    Open Energy Info (EERE)

    oil prices grow to about 125 per barrel (2009 dollars) in 2035. In this environment, net imports of energy meet a major, but declining, share of total U.S. energy demand in the...

  3. Natural Gas Wellhead Price

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

    Quantity of Production Imputed Wellhead Value Wellhead Price Marketed Production Period: Monthly Annual Download Series History Download Series History Definitions, Sources & Notes ...

  4. Price-Anderson Act

    Broader source: Energy.gov [DOE]

    The Price-Anderson Act (PAA) provides a system of indemnification for legal liability resulting from a nuclear incident in connection with contractual activity for DOE.

  5. Lower gasoline prices ahead

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

    Lower gasoline prices ahead U.S. retail gasoline prices are expected to continue falling through the end of 2016, even though gasoline demand is projected to remain strong. In its new monthly forecast, the U.S. Energy Information Administration said the average monthly price for regular-grade gasoline is expected to decline to $1.92 a gallon by December the lowest for the month in eight years. Lower motor fuel prices are expected in the coming months, despite gasoline demand this year that is on

  6. U.S. gasoline price increase for first time since August (short version)

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

    Residential heating oil price increases The average retail price for home heating oil rose 2 cents from a week ago to $2.44 per gallon. That's down $1.08 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 $2.38 per gallon, up 1.7 cents from last week, and down $1.11 from a year ago. This is Marcela Rourk, with EIA, in Washington.

  7. U.S. gasoline price increase for first time since August (short version)

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

    Residential heating oil price decreases The average retail price for home heating oil fell 1.2 cents from a week ago to $2.43 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 $2.37 per gallon, down 6-tenths of a cent from last week, and down $1.07 from a year ago. This is Marcela Rourk, with EIA, in Washington.

  8. U.S. gasoline price increase for first time since August (short version)

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

    Residential heating oil price decreases The average retail price for home heating oil fell 8-tenths of a cent from a week ago to $2.42 per gallon. That's down $1.03 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 $2.37 per gallon, down 2-tenths of a cent from last week, and down $1.04 from a year ago. This is Marcela Rourk, with EIA, in Washington.

  9. U.S. gasoline price increase for first time since August (short version)

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

    Residential heating oil price increases The average retail price for home heating oil rose 3-tenths of a cent from a week ago to $2.43 per gallon. That's down $1.01 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 $2.37 per gallon, up 1-tenth of a cent from last week, and down $1.01 from a year ago. This is Marcela Rourk, with EIA, in Washington.

  10. U.S. gasoline price increase for first time since August (short version)

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

    Residential heating oil price increases The average retail price for home heating oil rose 4-tenths of a cent from a week ago to $2.43 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 rose to $2.37 per gallon, up 6-tenths of a cent from last week, and down 99 cents from a year ago. This is Marcela Rourk, with EIA, in Washington.

  11. U.S. gasoline price increase for first time since August (short version)

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

    Residential heating oil price decreases The average retail price for home heating oil fell 3.1 cents from a week ago to $2.40 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 $2.35 per gallon, down 2.7 cents from last week, and down 98 cents from a year ago. This is Marcela Rourk, with EIA, in Washington.

  12. Differential impact of rising energy prices upon developed and developing countries: 1970-1977

    SciTech Connect (OSTI)

    Collier, B.J.

    1984-01-01

    This study examines the impact of this era of restricted energy upon continued growth and development of poor, middle-income, and rich countries in the world society. The research objective is to ascertain if increased prices more adversely affected low-income countries (many of whom morally supported the behavior of th OPEC nations) than middle-income and rich countries. A 116-country sample is used and subdivided into five country groupings: poor, middle-income, industrialized, capital surplus oil-exporting, and centrally-planned countries. Data on the energy variables indicated that low-income countries continued to have access to energy during the post-embargo period in spite of higher prices. The average increase in energy consumption was greater for the poorer Lesser Developed Countries (LDC) in the post-1973 than in the pre-1973 years. In contrast, industrialized countries significantly reduced their mean rate of energy consumption. Thus, a slight redistribution of energy resources occurred from the industrialized countries to the rest of the world. Data analysis also revealed that while economic growth declined for all country groupings in the post-embargo years, industrialized countries experienced a greater percentage decrease in growth rates than did developing countries.

  13. Heating Oil and Propane Update - Energy Information Administration

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

    all Petroleum Reports Heating Oil and Propane Update Note: The heating season is over. Data for residential and wholesale prices for heating oil and propane will return in October 2016. Weekly heating oil and propane prices are only collected during the heating season, which extends from October through March. Propane Heating oil Residential propane graphs Residential Propane (dollars per gallon)more price data › change from 03/28/16 week ago year ago U.S. Average 2.008 -0.006 -0.284 East

  14. Price of Motor Gasoline Through Retail Outlets

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

    & Stocks by State (Dollars per Gallon Excluding Taxes) Data Series: Retail Price - Motor Gasoline Retail Price - Regular Gasoline Retail Price - Midgrade Gasoline Retail Price...

  15. State energy price system. Volume I: overview and technical documentation

    SciTech Connect (OSTI)

    Fang, J.M.; Nieves, L.A.; Sherman, K.L.; Hood, L.J.

    1982-06-01

    This study utilizes existing data sources and previous analyses of state-level energy prices to develop consistent state-level energy prices series by fuel type and by end-use sector. The fuels are electricity, natural gas, coal, distillate fuel oil, motor gasoline, diesel, kerosene, jet fuel, residual fuel, and liquefied petroleum gas. The end-use sectors are residential, commercial, industrial, transportation, and electric utility. Based upon an evaluation of existing data sources, recommendations were formulated on the feasible approaches for developing a consistent state energy price series. The data series were compiled based upon the approaches approved after a formal EIA review. Detailed documentation was provided, including annual updating procedures. Recommendations were formulated for future improvements in the collection of data or in data processing. Generally, the geographical coverage includes the 50 states and the District of Columbia. Information on state-level energy use was generally taken from the State Energy Data System (SEDS). Corresponding average US prices are also developed using volumes reported in SEDS. To the extent possible, the prices developed are quantity weighted average retail prices. Both a Btu price series and a physical unit price series are developed for each fuel. The period covered by the data series is 1970 through 1980 for most fuels, though prices for electricity and natural gas extend back to 1960. (PSB)

  16. Delaware Natural Gas Prices

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

    78-2005 Citygate Price 5.67 9.03 7.19 5.67 5.54 NA 1984-2015 Residential Price 15.12 15.38 15.24 13.65 13.21 NA 1967-2015 Percentage of Total Residential Deliveries included in ...

  17. Connecticut Natural Gas Prices

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

    67-2005 Citygate Price 6.58 5.92 5.12 5.42 5.61 4.07 1984-2015 Residential Price 14.93 13.83 14.17 13.32 14.13 12.47 1967-2015 Percentage of Total Residential Deliveries included ...

  18. Hawaii Natural Gas Prices

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

    Citygate Price 22.94 31.58 32.39 28.45 26.94 18.11 1984-2015 Residential Price 44.50 55.28 52.86 49.13 47.51 40.00 1980-2015 Percentage of Total Residential Deliveries included in ...

  19. International Oil and Gas Exploration and Development

    Reports and Publications (EIA)

    1993-01-01

    Presents country level data on oil reserves, oil production, active drilling rigs, seismic crews, wells drilled, oil reserve additions, and oil reserve to production ratios (R/P ratios) for about 85 countries, where available, from 1970 through 1991. World and regional summaries are given in both tabular and graphical form.

  20. Financial Times-World Energy Council Energy Leaders Summit |...

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

    aggressive action to achieve, is indeed critically important. First, let's look at our heavy reliance on oil. The growth in world oil consumption has been averaging about 1.8...

  1. Heating Oil and Propane Update

    Gasoline and Diesel Fuel Update (EIA)

    Respondents Q1: What is the purpose of this survey? The U.S. Energy Information Administration (EIA) Form EIA-877, "Winter Heating Fuels Telephone Survey," is designed to collect data on State-level stocks and residential prices of No. 2 heating oil and propane during the heating season. The data are used to monitor the prices of propane and No. 2 heating oil during the heating season, and to report to the Congress and others when requested. Q2: How does the survey work? The EIA-877

  2. The world`s first commercial iron carbide plant

    SciTech Connect (OSTI)

    Prichard, L.C.; Schad, D.

    1995-12-01

    The paper traces the development of Nucor`s investigation of clean iron unit processes, namely, direct reduction, and the decision to build and operate the world`s first commercial iron carbide plant. They first investigated coal based processes since the US has abundant coal reserves, but found a variety of reasons for dropping the coal-based processes from further consideration. A natural gas based process was selected, but the failure to find economically priced gas supplies stopped the development of a US based venture. It was later found that Trinidad had economically priced and abundant supplies of natural gas, and the system of government, the use of English language, and geographic location were also ideal. The cost estimates required modification of the design, but the plant was begun in April, 1993. Start-up problems with the plant are also discussed. Production should commence shortly.

  3. National Iranian Oil Company | Open Energy Information

    Open Energy Info (EERE)

    National Iranian Oil Company is located in Tehran, Iran About The NIOC is one the largest oil companies in the world. Currently, the company estimates 137 billion barrels of liquid...

  4. California Gasoline Price Study, 2003

    Reports and Publications (EIA)

    2003-01-01

    This is the final report to Congressman Ose describing the factors driving California's spring 2003 gasoline price spike and the subsequent price increases in June and August.

  5. ,"North Carolina Natural Gas Prices"

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

    Data for" ,"Data 1","North Carolina Natural Gas Prices",8,"Monthly","... 10:49:13 AM" "Back to Contents","Data 1: North Carolina Natural Gas Prices" ...

  6. ,"North Dakota Natural Gas Prices"

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

    Data for" ,"Data 1","North Dakota Natural Gas Prices",8,"Monthly","4... 10:49:14 AM" "Back to Contents","Data 1: North Dakota Natural Gas Prices" ...

  7. Oil Overcharge Refund Cases 1999 | Department of Energy

    Energy Savers [EERE]

    1999 Oil Overcharge Refund Cases 1999 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. During that period and for many years afterwards, the DOE had an enforcement program. When a firm was found to have overcharged, the DOE generally required the firm to make refunds to its customers. However, because of the price controls in place at the time and the manner in which

  8. Table A3. Refiner/Reseller Prices of Distillate and Residual...

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

    A3. RefinerReseller Prices of Distillate and Residual Fuel Oils, by PAD District, 1983-Present (Cents per Gallon Excluding Taxes) Geographic Area Year No. 1 Distillate No. 2...

  9. BP Statistical Review of World Energy | Open Energy Information

    Open Energy Info (EERE)

    OpenEI The BP Statistical Review of World Energy is an Excel spreadsheet which contains consumption and production data for Coal, Natural Gas, Nuclear, Oil, and Hydroelectric...

  10. Middle East oil and gas

    SciTech Connect (OSTI)

    Not Available

    1984-12-01

    The following subjects are covered in this publication: (1) position of preeminence of the Middle East; (2) history of area's oil operations for Iran, Iraq, Bahrain, Kuwait, Saudi Arabia, neutral zone, Qatar, United Arab Emirates, Oman and Egypt; (3) gas operations of Saudi Arabia, Iran, Kuwait, Qatar, Iraq and United Arab Emirates; (4) changing relationships with producing countries; (5) a new oil pricing environment; (6) refining and other industrial activities; and (7) change and progress. 10 figs., 12 tabs.

  11. State of Maine residential heating oil survey 2001-02 season summary [SHOPP

    SciTech Connect (OSTI)

    Elder, Betsy

    2002-05-22

    This, as the title implies, is a summary report of the price trends for heating oil, propane and kerosene heating fuels for the heating season.

  12. Table 27. Landed Costs of Imported Crude Oil by API Gravity

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

    1978; Form ERA-51, "Transfer Pricing Report," January 1979 through September 1982; Form EP-51, "Monthly Foreign Crude Oil Transaction Report," October 1982 through June 1984; Form...

  13. Table 30. Landed Costs of Imported Crude Oil for Selected Crude...

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

    1978; Form ERA-51, "Transfer Pricing Report," January 1979 through September 1982; Form EP-51, "Monthly Foreign Crude Oil Transaction Report," October 1982 through June 1984; Form...

  14. U.S. crude oil production expected to top 9 million barrels per...

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

    Many oil companies have cut back on their exploration drilling in response to falling crude prices and are concentrating their drilling activities in established shale areas that ...

  15. Probabilities of Possible Future Prices (Released in the STEO April 2010)

    Reports and Publications (EIA)

    2010-01-01

    The Energy Information Administration 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.

  16. Residential propane price increases

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

    Residential propane virtually unchanged The average retail price for propane is 2.02 per gallon, up 1-tenth of a cent from last week, based on the residential heating fuel survey ...

  17. Electricity Prices in a Competitive Environment: Marginal Cost Pricing

    Reports and Publications (EIA)

    1997-01-01

    Presents the results of an analysis that focuses on two questions: (1) How are prices for competitive generation services likely to differ from regulated prices if competitive prices are based on marginal costs rather than regulated cost-of-service pricing? (2) What impacts will the competitive pricing of generation services (based on marginal costs) have on electricity consumption patterns, production costs, and the financial integrity of electricity suppliers?

  18. Nebraska Natural Gas Prices

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

    3.62 3.87 4.04 3.26 3.08 3.17 1989-2016 Residential Price 6.49 6.56 7.05 7.91 9.71 13.08 1989-2016 Percentage of Total Residential Deliveries included in Prices 86.5 89.6 88.4 83.8 83.6 86.4 2002-2016 Commercial Price 5.46 5.51 5.35 4.89 4.67 4.69 1989-2016 Percentage of Total Commercial Deliveries included in Prices 60.6 61.5 62.4 57.7 56.6 56.0 1989-2016 Industrial Price 4.45 4.35 4.35 3.79 3.29 3.37 2001-2016 Percentage of Total Industrial Deliveries included in Prices 8.8 8.5 7.7 6.4 6.4 NA

  19. Nevada Natural Gas Prices

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

    Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 View History Citygate Price 3.38 3.56 3.18 3.16 3.19 3.74 1989-2016 Residential Price 9.12 9.75 10.84 11.25 11.92 12.99 1989-2016 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0 2002-2016 Commercial Price 7.34 7.48 7.59 7.25 7.04 7.08 1989-2016 Percentage of Total Commercial Deliveries included in Prices 69.4 67.6 59.7 55.5 53.1 51.6 1989-2016 Industrial Price 6.52 6.67 6.76 6.23 6.01 6.12 2001-2016

  20. Oregon Natural Gas Prices

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

    Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 View History Citygate Price 3.64 3.79 3.48 3.97 4.47 4.97 1989-2016 Residential Price 10.43 12.03 12.03 13.70 15.03 15.63 1989-2016 Percentage of Total Residential Deliveries included in Prices 100.0 100.0 100.0 100.0 100.0 100.0 2002-2016 Commercial Price 8.84 9.25 9.32 9.73 10.74 11.57 1989-2016 Percentage of Total Commercial Deliveries included in Prices 95.4 94.9 94.5 93.7 93.6 93.0 1989-2016 Industrial Price 5.50 5.59 5.60 5.24 5.14 6.49 2001-2016