National Library of Energy BETA

Sample records for markets oil prices

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

    Energy Information Administration (EIA) (indexed site)

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

  2. Crude Oil Prices

    Energy Information Administration (EIA) (indexed site)

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

  3. Crude Oil Prices

    Energy Information Administration (EIA) (indexed site)

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

  4. Crude Oil Prices

    Energy Information Administration (EIA) (indexed site)

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

  5. Crude Oil Prices

    Energy Information Administration (EIA) (indexed site)

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

  6. World Crude Oil Prices

    Energy Information Administration (EIA) (indexed site)

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

  7. Crude Oil and Gasoline Price Monitoring

    Annual Energy Outlook

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

  8. Residential heating oil price

    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

  9. Residential heating oil price

    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

  10. Residential heating oil price

    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

  11. Residential heating oil price

    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

  12. Residential heating oil price

    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

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

    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...

  14. Oil prices in a new light

    SciTech Connect

    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.

  15. Crude Oil and Gasoline Price Monitoring

    Energy Information Administration (EIA) (indexed site)

    What drives crude oil prices? November 8, 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 November 8, 2016 2 Low spare capacity Iraq invades Kuwait Saudis abandon swing producer

  16. How much will low prices stimulate oil demand?

    Energy Information Administration (EIA) (indexed site)

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

  17. Residential heating oil prices available

    Energy Information Administration (EIA) (indexed site)

    Residential heating oil prices available The average retail price for home heating oil is $2.30 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 $2.23

  18. Residential heating oil prices available

    Energy Information Administration (EIA) (indexed site)

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

  19. Market Prices and Uncertainty Report

    Reports and Publications

    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.

  20. Residential heating oil prices available

    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

  1. Table 21. Domestic Crude Oil First Purchase Prices

    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...

  2. Table 21. Domestic Crude Oil First Purchase Prices

    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...

  3. Table 21. Domestic Crude Oil First Purchase Prices

    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...

  4. Oil Price Volatility

    Gasoline and Diesel Fuel Update

    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 decrease

    Energy Information Administration (EIA) (indexed site)

    Residential heating oil price decrease The average retail price for home heating oil fell 1.4 cents from a week ago to $2.39 per gallon. That's down 4.4 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 $2.33 per gallon, down 4-tenths of a cent from last week, and down 4.4

  6. Residential heating oil price decreases

    Energy Information Administration (EIA) (indexed site)

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

  7. Residential heating oil price decreases

    Energy Information Administration (EIA) (indexed site)

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

  8. Residential heating oil price decreases

    Energy Information Administration (EIA) (indexed site)

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

  9. Residential heating oil price decreases

    Energy Information Administration (EIA) (indexed site)

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

  10. Residential heating oil price decreases

    Energy Information Administration (EIA) (indexed site)

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

  11. Residential heating oil price decreases

    Energy Information Administration (EIA) (indexed site)

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

  12. Residential heating oil price decreases

    Energy Information Administration (EIA) (indexed site)

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

  13. Residential heating oil price decreases

    Energy Information Administration (EIA) (indexed site)

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

  14. Residential heating oil price decreases

    Energy Information Administration (EIA) (indexed site)

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

  15. Residential heating oil price decreases

    Energy Information Administration (EIA) (indexed site)

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

  16. Residential heating oil price decreases

    Energy Information Administration (EIA) (indexed site)

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

  17. Residential heating oil price decreases

    Energy Information Administration (EIA) (indexed site)

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

  18. Residential heating oil price decreases

    Energy Information Administration (EIA) (indexed site)

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

  19. Residential heating oil price decreases

    Energy Information Administration (EIA) (indexed site)

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

  20. Residential heating oil price decreases

    Energy Information Administration (EIA) (indexed site)

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

  1. Residential heating oil price decreases

    Energy Information Administration (EIA) (indexed site)

    Residential heating oil price decreases The average retail price for home heating oil fell 1.1 cents from a week ago to $2.38 per gallon. That's down 2.3 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 $2.33 per gallon, down 5-tenths of a cent from last week, and down 1.6

  2. Residential heating oil price decreases

    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

  3. Residential heating oil price decreases

    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

  4. Residential heating oil price decreases

    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

  5. Residential heating oil price decreases

    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

  6. Residential heating oil price decreases

    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

  7. Residential heating oil price decreases

    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

  8. Residential heating oil price decreases

    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

  9. Residential heating oil price decreases

    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

  10. Residential heating oil price increases

    Energy Information Administration (EIA) (indexed site)

    Residential heating oil price increases The average retail price for home heating oil rose 1.4 cents from a week ago to $2.38 per gallon. That's down 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 $2.32 per gallon, up 3 cents from last week, and down 5.2 cents

  11. Residential heating oil prices available

    Energy Information Administration (EIA) (indexed site)

    Residential heating oil price increases The average retail price for home heating oil rose half of a cent from a week ago to $2.40 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. Heating oil prices in the New England region rose to $2.33 per gallon, up 6-tenths of a cent from last week, and down 3.4

  12. Residential heating oil prices decline

    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

  13. Residential heating oil prices decline

    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

  14. Residential heating oil prices decline

    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

  15. Residential heating oil prices decrease

    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

  16. Residential heating oil prices decrease

    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

  17. Residential heating oil prices increase

    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

  18. Residential heating oil prices increase

    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

  19. Residential heating oil prices increase

    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

  20. Residential heating oil prices increase

    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

  1. Residential heating oil prices increase

    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

  2. World Oil Price Cases (released in AEO2005)

    Reports and Publications

    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.

  3. Residential heating oil price decreases

    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

  4. Residential heating oil price decreases

    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

  5. Residential heating oil price decreases

    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.

  6. Residential heating oil price decreases

    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

  7. Residential heating oil price decreases

    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

  8. Residential heating oil price decreases

    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.

  9. Residential heating oil price increases

    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.

  10. Residential heating oil price increases

    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

  11. Residential heating oil price increases

    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

  12. Residential heating oil price increases

    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

  13. Residential heating oil price increases

    Energy Information Administration (EIA) (indexed site)

    Residential heating oil price increases The average retail price for home heating oil rose 6.3 cents from a week ago to $2.36 per gallon. That's down 7.6 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 rose to $2.29 per gallon, up 4.9 cents from last week, and down 8.9 cents from a year ago. This is Marcela Rourk, with EIA, in Washington. For more information, contact Marcela Rourk at

  14. Residential heating oil price increases

    Energy Information Administration (EIA) (indexed site)

    Residential heating oil price increases The average retail price for home heating oil rose 1.2 cents from a week ago to $2.39 per gallon. That's down 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 rose to $2.33 per gallon, up 1.1 cents from last week, and down 3.9 cents from a year ago.

  15. Residential heating oil prices decline

    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

  16. Residential heating oil prices decrease

    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

  17. Residential heating oil prices increase

    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

  18. Residential heating oil prices increase

    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

  19. Gas importers still resisting price parity with crude oil

    SciTech Connect

    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.

  20. Oil-futures markets

    SciTech Connect

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

    1983-01-01

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

  1. 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

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

    Office of Energy Efficiency and Renewable Energy (EERE) (indexed site)

    Energy 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 the past 30 years (1973-74, 1979-80, 1990-91, 1999-2000, and 2008). Most of the oil price shocks were followed by an economic recession in the United States. Oil Price and Gross Domestic Product Growth Rate, 1970-2011 Graphic showing oil prices compared to the gross domestic product growth rate from 1970 to

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

    SciTech Connect

    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.

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

    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

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

    SciTech Connect

    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.

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

    Gasoline and Diesel Fuel Update

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

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

    Annual Energy Outlook

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

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

    Reports and Publications

    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.

  9. Dual pricing algorithm in ISO markets

    DOE PAGES [OSTI]

    O'Neill, Richard P.; Castillo, Anya; Eldridge, Brent; Hytowitz, Robin Broder

    2016-10-10

    The challenge to create efficient market clearing prices in centralized day-ahead electricity markets arises from inherent non-convexities in unit commitment problems. When this aspect is ignored, marginal prices may result in economic losses to market participants who are part of the welfare maximizing solution. In this essay, we present an axiomatic approach to efficient prices and cost allocation for a revenue neutral and non-confiscatory day-ahead market. Current cost allocation practices do not adequately attribute costs based on transparent cost causation criteria. Instead we propose an ex post multi-part pricing scheme, which we refer to as the Dual Pricing Algorithm. Lastly,more » our approach can be incorporated into current dayahead markets without altering the market equilibrium.« less

  10. Residential heating oil price virtually unchanged

    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

  11. Residential heating oil prices virtually unchanged

    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

  12. STEO January 2013 - world oil prices

    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

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

    SciTech Connect

    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.

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

    Office of Energy Efficiency and Renewable Energy (EERE) (indexed site)

    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 ...

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

    SciTech Connect

    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.

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

    Reports and Publications

    2009-01-01

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

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

    Gasoline and Diesel Fuel Update

    Matteo Manera Asymmetries in the Oil-Gasoline Price Relationship University of Milano-Bicocca, Italy and Fondazione Eni Enrico Mattei, Italy EIA Financial and Physical Oil Market Workshop "Evolution of Petroleum Market and Price Dynamics" September 29, 2015 Energy Information Administration, Washington DC, US 1 Introduction * Energy demand models are often developed on the assumption that consumer behavior is defined by symmetric responses to rising or falling prices and income * It is

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

    Reports and Publications

    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.

  19. Residential heating oil prices virtually unchanged

    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,

  20. Residential heating oil prices virtually unchanged

    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

  1. Residential heating oil prices virtually unchanged

    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

  2. Residential heating oil prices virtually unchanged

    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

  3. Residential heating oil prices virtually unchanged

    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

  4. Market overview: Increase in uranium prices continues

    SciTech Connect

    1996-04-01

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

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

    Annual Energy Outlook

    ... The new role of speculative money in the market is more a function of a shift in the inventory and price relationship shown in Figure 6. Given these factors, EIA does not foresee a ...

  6. Residential heating oil prices decline

    Energy Information Administration (EIA) (indexed site)

    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 U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.95 per gallon, up 5-tenths of a cent from last week, and down 10.4

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

    SciTech Connect

    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.

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

    Reports and Publications

    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.

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

    SciTech Connect

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

    1999-07-01

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

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

    Energy Information Administration (EIA) (indexed site)

    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 Information Administration's new monthly forecast sees the average pump price falling to $3.55 a gallon this year and then dropping to $3.38 per gallon in 2014. That's down from the average $3.63 a gallon U.S. drivers paid in 2012. Expected lower crude oil prices, which account for about two-thirds of the cost of

  11. Factors Influencing Oil Prices: A Survey of the Current State...

    Gasoline and Diesel Fuel Update

    ... model in which the price grows at the constant ... error for long-term forecasts of out-of-sample prices. ... on the recent oil price forecast accuracy of the EIA ...

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

    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 ...

  13. Update on DOE's oil pricing regulations

    SciTech Connect

    Barnes, G.H.

    1981-01-01

    When crude oil price controls expire not later than September 30, 1981, domestic producers will have been under price controls for ca. 8 years. Although the expected termination of crude oil price controls is welcome and bodes well for the development of further domestic supplies of energy, the creation of a series of new regulatory concepts may signal a wave of new enforcement action and litigation. The adoption of final regulations, effective January 1, 1981, imposes upon producers the obligation to certify to DOE the basis upon which properties are certified as newly discovered, and imposing substantial and explicit record maintenance requirements on producers may be the first step in that process. Details of past and present regulations are presented.

  14. Petroleum Marketing Monthly

    Energy Information Administration (EIA) (indexed site)

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

  15. Carbon pricing, nuclear power and electricity markets

    SciTech Connect

    Cameron, R.; Keppler, J. H.

    2012-07-01

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

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

    SciTech Connect

    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.

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

    SciTech Connect

    Not Available

    1993-06-01

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

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

    Gasoline and Diesel Fuel Update

    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

  19. Does dynamic pricing make sense for mass market customers?

    SciTech Connect

    McDonough, Catherine; Kraus, Robert

    2007-08-15

    The added incentive to modify electric use under hourly versus monthly market-based pricing is small for most mass market customers in Upstate New York. If the ultimate policy goal of demand-response programs is to reduce peak load, then promoting conservation measures under monthly market-based pricing holds more promise. (author)

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

    Reports and Publications

    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.

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

    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. Oil Market Assessment

    Reports and Publications

    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.

  3. Analysis of Price Volatility in Natural Gas Markets

    Reports and Publications

    2007-01-01

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

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

    SciTech Connect

    1996-03-01

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

  5. Price-elastic demand in deregulated electricity markets

    SciTech Connect

    Siddiqui, Afzal S.

    2003-05-01

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

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

    Reports and Publications

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

    SciTech Connect

    Not Available

    1993-04-01

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

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

    SciTech Connect

    Not Available

    1993-05-01

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

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

    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

  10. Price convergence in North America natural gas spot markets

    SciTech Connect

    King, M.; Cuc, M.

    1996-12-01

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

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

    SciTech Connect

    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)

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

    Gasoline and Diesel Fuel Update

    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,

  13. The oil price and non-OPEC supplies

    SciTech Connect

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

    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

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

    SciTech Connect

    Rose, J.; Mann, C.

    1995-12-01

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

  16. Pricing local distribution services in a competitive market

    SciTech Connect

    Duann, D.J.

    1995-12-01

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

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

    Reports and Publications

    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.

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

    SciTech Connect

    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.

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

    Energy.gov [DOE]

    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.

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

    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...

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

    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...

  2. The Oil Market: From Boom to Gloom

    Energy Information Administration (EIA) (indexed site)

    Federal 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

  3. 2013 Propane Market Outlook

    U.S. Department of Energy (DOE) - all webpages (Extended Search)

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

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

    Gasoline and Diesel Fuel Update

    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?

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

    SciTech Connect

    Friedman, B.; Miller, M.

    2009-09-01

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

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

    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

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

    SciTech Connect

    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.

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

    Energy Information Administration (EIA) (indexed site)

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

  9. Experiences with energy prices in a deregulated market

    SciTech Connect

    Rebellon, P.

    1999-11-01

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

  10. Estimating Price Elasticity using Market-Level Appliance Data

    SciTech Connect

    Fujita, K. Sydny

    2015-08-04

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

  11. Do financial investors destabilize the oil price?

    Annual Energy Outlook

    Telephone +49 69 1344 0 Internet http:www.ecb.europa.eu Fax +49 69 1344 6000 All rights ... More speci...cally, all other things equal, futures prices will be moved by the ow of ...

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

    SciTech Connect

    Not Available

    1983-03-09

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

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

    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

  14. A market-based proposal for transmission pricing

    SciTech Connect

    Tabors, R.

    1996-11-01

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

  15. Oil Shale Market | OpenEI Community

    OpenEI (Open Energy Information) [EERE & EIA]

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

  16. Do financial investors destabilize the oil price?

    Gasoline and Diesel Fuel Update

    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 11.98 1980-2015 Commercial Average Price 12.26 12.24 11.19 11.64 12.18

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

    SciTech Connect

    Not Available

    1993-05-01

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

  18. 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...

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

    Energy Information Administration (EIA) (indexed site)

    Crude Oil First Purchase Prices by Area" "Sourcekey","F0000003","F0099603","F0...12.79,13.49,12.77,13.35,11.32,10.58,9.16,13.51,10.71,11.84,8.91,10.19,9.93,8.47,7.26,9.35,...

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

    Energy Information Administration (EIA) (indexed site)

    Crude Oil First Purchase Prices by Area" "Sourcekey","F0000003","F0099603","F0... 14061,1.13 14426,1.02 14792,1.02 15157,1.14 15522,1.19 15887,1.2 16253,1.21 ...

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

    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 ...

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

    Reports and Publications

    2000-01-01

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

  3. Oil market outlook and drivers

    Gasoline and Diesel Fuel Update

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

  4. 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

  5. Gasoline prices expected to fall below $2 per gallon in January on lower oil prices and lower seasonal demand

    Energy Information Administration (EIA) (indexed site)

    Gasoline prices expected to fall below $2 per gallon in January on lower oil prices and lower seasonal demand Falling crude oil prices along with refiners making less expensive winter-blend gasoline and the normal seasonal decline in motor fuel demand are expected to push the average pump price for gasoline below $2 per gallon in January. In its new monthly forecast, the U.S. Energy Information Administration said drivers are expected to pay an average of $1.97 per gallon to fill up at the

  6. 2007 Wholesale Power Rate Case Final Proposal : Market Price Forecast Study.

    SciTech Connect

    United States. Bonneville Power Administration.

    2006-07-01

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

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

    SciTech Connect

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

    SciTech Connect

    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.

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

    Reports and Publications

    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.

  10. Average Commercial Price

    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

  11. Average Residential Price

    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

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

    SciTech Connect

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

    2010-11-01

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

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

    SciTech Connect

    James, Ted; Feldman, David; Margolis, Robert

    2014-03-01

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

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

    Office of Energy Efficiency and Renewable Energy (EERE) (indexed site)

    | Department of Energy Gas Prices and Oil Consumption Would Increase Without Biofuels Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels June 11, 2008 - 1:30pm Addthis 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. Read the letter. Without Biofuels, Gas Prices Would Increase $.20 to

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

    SciTech Connect

    Legato, C.D.

    1996-06-01

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

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

    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...

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

    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...

  18. Appendix C: Price case comparisons

    Annual Energy Outlook

    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...

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

    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...

  20. Bio-Oil Deployment in the Home Heating Market

    Energy.gov [DOE] (indexed site)

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

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

    Reports and Publications

    1999-01-01

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

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

    Reports and Publications

    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.

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

    SciTech Connect

    Kim, Joyce Jihyun; Kiliccote, Sila

    2012-06-01

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

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

    Reports and Publications

    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.

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

    Reports and Publications

    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.

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

    SciTech Connect

    Not Available

    1980-12-01

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

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

    SciTech Connect

    1998-02-01

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

  8. First AEO2015 Oil and Gas Working Group Meeting Summary

    Energy Information Administration (EIA) (indexed site)

    TEAM EXPLORATION AND PRODUCTION and NATURAL GAS MARKETS TEAMS SUBJECT: First AEO2015 Oil and Gas Working Group ... to High Resource case * World oil price outlooks based on ...

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

    Gasoline and Diesel Fuel Update

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

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

    Energy.gov [DOE]

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

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

    Gasoline and Diesel Fuel Update

    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...

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

    Annual Energy Outlook

    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...

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

    Office of Energy Efficiency and Renewable Energy (EERE)

    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).

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

    SciTech Connect

    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.

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

    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...

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

    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...

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

    SciTech Connect

    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.

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

    Reports and Publications

    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.

  19. LNG markets: Implications of a low energy price environment for...

    Annual Energy Outlook

    low energy price environment for demand and U.S. exports LNG: Long-Term Competitiveness in ... is a substitution fuel competing in the ... China: LCOE Forecast (MWh) 9 What does it ...

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

    SciTech Connect

    Gillingham, Kenneth; Deng, Hao; Wiser, Ryan; Darghouth, Naim; Nemet, Gregory; Barbose, Galen; Rai, Varun; Dong, C. G.

    2014-12-15

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

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

    SciTech Connect

    Reeder, Mark

    2006-07-15

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

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

    SciTech Connect

    Spiwak, L.J.

    1993-01-01

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

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

    OpenEI (Open Energy Information) [EERE & EIA]

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

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

    Energy.gov [DOE]

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

    SciTech Connect

    Not Available

    1994-04-07

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

  6. 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 ...

  7. Steering with prices: Fuel and vehicle taxation as market incentives for higher fuel economy

    SciTech Connect

    Gordon, D.; DeCicco, J.

    1993-12-31

    This paper reviews economic studies to develop estimates of the likely responses of car buyers and automakers to higher fuel taxes or feebates. It finds that feebates averaging 5%--10% of vehicle price are likely to achieve substantial fuel conservation while much larger taxes (amounting to a 100%--200% increase in gas price) would be needed to achieve similar petroleum savings. Since response to either type of pricing incentive is uncertain, stronger fuel economy standards would remain a necessary complement to market incentives.

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

    SciTech Connect

    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.

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

    SciTech Connect

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

    2014-10-14

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

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

    SciTech Connect

    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.

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

    SciTech Connect

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

    2005-08-25

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

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

    SciTech Connect

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

    2005-06-30

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

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

    U.S. Department of Energy (DOE) - all 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

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

    Reports and Publications

    2007-01-01

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

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

    Energy Information Administration (EIA) (indexed site)

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

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

    Gasoline and Diesel Fuel Update

    Renewable & Alternative Fuels Includes hydropower, solar, wind, geothermal, biomass and ethanol. Nuclear & Uranium Uranium fuel, nuclear reactors, generation, spent fuel. Total ...

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

    Gasoline and Diesel Fuel Update

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

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

    SciTech Connect

    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.

  19. Electricity Market Module: Electricity finance and pricing submodule

    SciTech Connect

    1996-06-01

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

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

    SciTech Connect

    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.

  1. Petroleum Marketing Annual 2008

    Energy Information Administration (EIA) (indexed site)

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

  2. Petroleum Marketing Annual 2007

    Energy Information Administration (EIA) (indexed site)

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

  3. Spot Prices for Crude Oil and Petroleum Products

    Energy Information Administration (EIA) (indexed site)

    0/07/16 10/14/16 10/21/16 10/28/16 11/04/16 11/11/16 View History Crude Oil WTI - Cushing, Oklahoma 49.48 50.29 50.56 49.36 45.51 44.61 1986-2016 Brent - Europe 49.52 49.94 50.33 48.95 44.63 43.09 1987-2016 Conventional Gasoline New York Harbor, Regular 1.506 1.503 1.549 1.534 1.529 1.459 1986-2016 U.S. Gulf Coast, Regular 1.517 1.501 1.500 1.454 1.393 1.273 1986-2016 RBOB Regular Gasoline Los Angeles 1.647 1.581 1.631 1.625 1.662 1.502 2003-2016 No. 2 Heating Oil New York Harbor 1.496 1.499

  4. Oil and natural gas market outlook and drivers

    Gasoline and Diesel Fuel Update

    American Foundry Society May 18, 2016 | Washington, DC by Howard Gruenspecht, Deputy Administrator world supply and demand million barrels per day implied stock change million barrels per day AFS | Oil and natural gas market outlook and drivers, May 18, 2016 Global supply has consistently exceeded demand since the start of 2014; EIA forecasts a return to market balance in the second half of 2017 Source: EIA, Short-Term Energy Outlook, May 2016 2 Forecast -3 -2 -1 0 1 2 3 4 5 6 82 84 86 88 90 92

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

    SciTech Connect

    Not Available

    1991-02-04

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

  6. Assessment of Summer 1997 motor gasoline price increase

    SciTech Connect

    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.

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

    SciTech Connect

    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.

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

    Reports and Publications

    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.

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

    SciTech Connect

    Kettle, R.

    1995-11-01

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

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

    SciTech Connect

    Rowland, P.J. Associates )

    1992-05-01

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

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

    SciTech Connect

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

    2014-10-01

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

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

    SciTech Connect

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

    2004-07-01

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

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

    Energy Information Administration (EIA) (indexed site)

    Household heating bills to be even lower this winter U.S. households will see even lower natural gas and heating oil bills this winter than previously expected the lowest in more than a decade. In its new monthly forecast, the U.S. Energy Information Administration said the average household heating with oil will experience a 41% drop in heating oil expenditures this winter, paying just under $1,100. Meanwhile, households relying primarily on natural gas to stay warm will pay an average $532

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

    SciTech Connect

    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.

  15. Petroleum marketing monthly

    SciTech Connect

    1995-11-01

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

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

    Energy Information Administration (EIA) (indexed site)

    API Gravity" ,"Click worksheet name or tab at bottom for data" ,"Worksheet Name","Description","# Of Series","Frequency","Latest Data for" ,"Data 1","Domestic Crude Oil First Purchase Prices by API Gravity",6,"Monthly","8/2016","10/15/1993" ,"Release Date:","11/1/2016" ,"Next Release Date:","12/1/2016" ,"Excel File

  17. ,"Domestic Crude Oil First Purchase Prices for Selected Crude Streams"

    Energy Information Administration (EIA) (indexed site)

    for Selected Crude Streams" ,"Click worksheet name or tab at bottom for data" ,"Worksheet Name","Description","# Of Series","Frequency","Latest Data for" ,"Data 1","Domestic Crude Oil First Purchase Prices for Selected Crude Streams",9,"Monthly","8/2016","7/15/1977" ,"Release Date:","11/1/2016" ,"Next Release Date:","12/1/2016" ,"Excel

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

    Energy Information Administration (EIA) (indexed site)

    Prices by Sales Type" ,"Click worksheet name or tab at bottom for data" ,"Worksheet Name","Description","# Of Series","Frequency","Latest Data for" ,"Data 1","Residual Fuel Oil Average",2,"Monthly","8/2016","1/15/1983" ,"Data 2","Sulfur Less Than or Equal to 1%",2,"Monthly","8/2016","1/15/1983" ,"Data 3","Sulfur

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

    Energy Information Administration (EIA) (indexed site)

    Markets & Finance Glossary › FAQS › Overview Data Market Prices and Uncertainty Charts Archive Analysis & Projections Major Topics Most popular Electricity Financial markets Financial reporting system Recurring All reports Browse by Tag Alphabetical Frequency Tag Cloud Current Issues & Trends See more › Stable oil prices, improving credit conditions contributing to rise in merger and acquisition activity oil/petroleumproductionpricescrude oilSTEOTexasrig count Short positions

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

    SciTech Connect

    Not Available

    1992-06-01

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

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

    SciTech Connect

    Not Available

    1992-06-01

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

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

    SciTech Connect

    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.

  3. The role of interruptible natural gas customers in New England heating oil markets: A preliminary examination of events in January-February 2000

    SciTech Connect

    2000-11-01

    This report provides an analysis of data collected from gas service providers and end-use customers in the six New England States and offers a preliminary assessment of the impact of interruptible gas customers on the distillate fuel oil market this past winter. Based on information collected and analyzed as of October 2000, the main findings areas follows: (1) For interruptible gas customers with distillate fuel oil as a backup fuel, their volume of interruptions was equivalent to about 1 to 2 percent of the total sales of distillate fuel oil in New England during January-February 2000. For the two peak weeks of gas supply interruptions, however, the equivalent volume of distillate fuel oil amounted to an estimated 3 to 6 percent of total sales in New England. There were no interruptions of the natural gas service during the 2-month period. (2) Purchases of distillate fuel oil by interruptible gas customers may have contributed somewhat to the spike in the price of distillate fuel oil in January-February 2000, especially during the peak weeks of gas interruptions. Nevertheless, other factors--a sudden drop in temperatures, low regional stocks of distillate fuels, and weather-related supply problems during a period of high customer demand--appear to have played a significant role in this price spike, as they have in previous spikes. (3) While this preliminary analysis suggests that interruptible natural gas service does not threaten the stability of the home heating oil market, several steps might be taken-without undermining the benefits of interruptible service--to reduce the potential adverse impacts of gas supply interruptions in times of market stress. Regardless of the magnitude of the impact of distillate fuel oil purchases by interruptible gas customers on Northeast heating oil markets, the threat of future heating oil price spikes and supply problems still remains. To help counter the threat, President Clinton in July 2000 directed Secretary Richardson to

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

    SciTech Connect

    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.

  5. Specific heavy oil processing market study. Final report

    SciTech Connect

    Not Available

    1984-06-01

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

  6. 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

    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.

  7. Why we need to stick with uniform-price auctions in electricity markets

    SciTech Connect

    Cramton, Peter; Stoft, Steven

    2007-01-15

    Arguments that the uniform-price auction yields electricity prices that are systematically too high are incorrect. Tampering with the spot price would cause inefficiency and raise long-term costs. The proper way to dampen the impact of spot price fluctuations is with long-term hedging. (author)

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

    Gasoline and Diesel Fuel Update

    EIA Estimates of Drilled but Uncompleted Wells (DUCs) September 12, 2016 Independent Statistics & Analysis www.eia.gov U.S. Department of Energy Washington, DC 20585 U.S. Energy Information Administration | EIA Estimates of Drilled but Uncompleted Wells (DUCs) i This report was prepared by the U.S. Energy Information Administration (EIA), the statistical and analytical agency within the U.S. Department of Energy. By law, EIA's data, analyses, and forecasts are independent of approval by any

  9. Petroleum marketing monthly, May 1994

    SciTech Connect

    Not Available

    1994-05-26

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

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

    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

  11. Appendix C - Price case comparisons

    Gasoline and Diesel Fuel Update

    C-1 U.S. Energy Information Administration | Annual Energy Outlook 2016 1 Table C1. Total energy supply, disposition, and price summary (quadrillion Btu per year, unless otherwise noted) Supply, disposition, and prices 2015 Projections 2020 2030 2040 Low oil price Reference High oil price Low oil price Reference High oil price Low oil price Reference High oil price Production Crude oil and lease condensate .................... 19.7 17.0 19.6 23.3 14.8 21.0 25.4 18.0 23.5 23.1 Natural gas plant

  12. Petroleum marketing monthly with data for April 1995

    SciTech Connect

    1995-07-05

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

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

    SciTech Connect

    1995-06-16

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

  14. Natural Gas Prices Forecast Comparison--AEO vs. Natural Gas Markets

    SciTech Connect

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

    2005-02-09

    This paper evaluates the accuracy of two methods to forecast natural gas prices: using the Energy Information Administration's ''Annual Energy Outlook'' forecasted price (AEO) and the ''Henry Hub'' compared to U.S. Wellhead futures price. A statistical analysis is performed to determine the relative accuracy of the two measures in the recent past. A statistical analysis suggests that the Henry Hub futures price provides a more accurate average forecast of natural gas prices than the AEO. For example, the Henry Hub futures price underestimated the natural gas price by 35 cents per thousand cubic feet (11.5 percent) between 1996 and 2003 and the AEO underestimated by 71 cents per thousand cubic feet (23.4 percent). Upon closer inspection, a liner regression analysis reveals that two distinct time periods exist, the period between 1996 to 1999 and the period between 2000 to 2003. For the time period between 1996 to 1999, AEO showed a weak negative correlation (R-square = 0.19) between forecast price by actual U.S. Wellhead natural gas price versus the Henry Hub with a weak positive correlation (R-square = 0.20) between forecasted price and U.S. Wellhead natural gas price. During the time period between 2000 to 2003, AEO shows a moderate positive correlation (R-square = 0.37) between forecasted natural gas price and U.S. Wellhead natural gas price versus the Henry Hub that show a moderate positive correlation (R-square = 0.36) between forecast price and U.S. Wellhead natural gas price. These results suggest that agencies forecasting natural gas prices should consider incorporating the Henry Hub natural gas futures price into their forecasting models along with the AEO forecast. Our analysis is very preliminary and is based on a very small data set. Naturally the results of the analysis may change, as more data is made available.

  15. Too early to tell on $100 oil

    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

  16. Energy Information Administration/Petroleum Marketing Annual

    Energy Information Administration (EIA) (indexed site)

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

  17. Energy & Financial Markets - U.S. Energy Information Administration (EIA) -

    Gasoline and Diesel Fuel Update

    U.S. Energy Information Administration (EIA) WHAT DRIVES CRUDE OIL PRICES? An analysis of 7 factors that influence oil markets, with chart data updated monthly and quarterly Overview Supply non-OECD Supply non-OECD Balance Balance Demand non-OECD Demand non-OECD Spot Prices Spot Prices Supply OECD Supply OECD Financial Markets Financial Markets Demand OECD Demand OECD Financial Markets Market participants not only buy and sell physical quantities of oil, but also trade contracts for the

  18. Petroleum marketing monthly, October 1992. [USA

    SciTech Connect

    Not Available

    1992-10-14

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

  19. Petroleum marketing annual 1994

    SciTech Connect

    1995-08-24

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

  20. Impact of foreign LPG operations on domestic LPG markets

    SciTech Connect

    Jones, C.

    1981-01-01

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

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

    OpenEI (Open Energy Information) [EERE & EIA]

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

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

    OpenEI (Open Energy Information) [EERE & EIA]

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

  3. Mathematics, Pricing, Market Risk Management and Trading Strategies for Financial Derivatives (2/3)

    ScienceCinema

    None

    2016-07-12

    Market Trading and Risk Management of Vanilla FX Options - Measures of Market Risk - Implied Volatility - FX Risk Reversals, FX Strangles - Valuation and Risk Calculations - Risk Management - Market Trading Strategies

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

    SciTech Connect

    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. Petroleum marketing monthly, June 1994

    SciTech Connect

    Not Available

    1994-06-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. Monthly statistics on purchases of crude oil and sales of petroleum products are presented in five sections: Summary Statistics; Crude Oil Prices; Prices of Petroleum Products; Volumes of Petroleum Products; and Prime Supplier Sales Volumes of Petroleum Products for Local Consumption. The feature article is entitled ``The Second Oxygenated Gasoline Season.`` 7 figs., 50 tabs.

  6. Petroleum marketing monthly, July 1994

    SciTech Connect

    Not Available

    1994-07-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. Monthly statistics on purchases of crude oil and sales of petroleum products are presented in five sections: summary statistics; crude oil prices; prices of petroleum products; volumes of petroleum products; and prime supplier sales volumes of petroleum products for local consumption. 7 figs., 50 tabs.

  7. What Is Price Volatility

    Gasoline and Diesel Fuel Update

    What Is Price Volatility? The term "price volatility" is used to describe price fluctuations of a commodity. Volatility is measured by the day-to-day percentage difference in the price of the commodity. The degree of variation, not the level of prices, defines a volatile market. Since price is a function of supply and demand, it follows that volatility is a result of the underlying supply and demand characteristics of the market. Therefore, high levels of volatility reflect

  8. Average Commercial Price

    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 Number of Producing Gas Wells Number of Gas Producing Oil Wells Estimated Production Gross Withdrawals Gross Withdrawals

  9. Average Residential Price

    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 Number of Producing Gas Wells Number of Gas Producing Oil Wells Estimated Production Gross Withdrawals Gross Withdrawals

  10. Petroleum marketing monthly

    SciTech Connect

    1996-07-01

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

  11. Petroleum marketing monthly

    SciTech Connect

    1996-02-01

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

  12. Petroleum marketing monthly

    SciTech Connect

    1995-08-01

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

  13. European oil companies struggle to meet the challenge of an uncertain future

    SciTech Connect

    Reed, P.

    1996-07-01

    Oil companies have traditionally favored vertical integration, controlling the flow of oil from the drilling rig through refineries to the gasoline pump. The development of the downstream infrastructure has largely been driven by the retail market, with other fuels often treated as {open_quotes}marginal{close_quotes} businesses that leverage the retail distribution infrastructure. High-margin niche business such as lubricants and bitumen exist, but their volumes are typically small compared to the retail market. Other high-volume businesses such as aviation and heating fuels are closely tied to traded markets and generally have small market margins. Price levels at the retail site are crucial to the profitability of the downstream business. Price levels at European retail stations have historically been high when compared with North American prices, owing to government taxation. Despite the efforts of the oil companies to educate the consumer on what is the real cause of high prices, the oil majors are blamed when fuel prices fall, the consumer often feels as though lower prices had to be forced on the oil companies. Therefore, European consumers are more price sensitive than consumers elsewhere, and in markets which are deregulated on price, oil companies are losing market share to hypermarkets and supermarkets. In the U.S., increases in fuel tax levels are likely to result in a heightened price awareness for the average American, increasing the probability that hypermarkets will also enter the U.S fuels market.

  14. Transporting US oil imports: The impact of oil spill legislation on the tanker market. Draft final report

    SciTech Connect

    Rowland, P.J.

    1992-05-01

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

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

    SciTech Connect

    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.

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

    SciTech Connect

    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.

  17. FERC's acceptance of market-based pricing: An antitrust analysis. [Federal Energy Regulatory Commission

    SciTech Connect

    Harris, B.C.; Frankena, M.W. )

    1992-06-01

    In large part, FERC's determination of market power is based on an analysis that focuses on the ability of power suppliers to foreclose' other potential power suppliers by withholding transmission access to the buyer. The authors believe that this analysis is flawed because the conditions it considers are neither necessary nor sufficient for the existence of market power. That is, it is possible that market-based rates can be subject to market power even if no transmission supplier has the ability to foreclose some power suppliers; conversely, it is possible that no market power exists despite the ability to foreclose other suppliers. This paper provides a critical analysis of FERC's market-power determinations. The concept of market power is defined and its relationship to competition is discussed in Section 1, while a framework for evaluating the existence of market power is presented in Section 2. In Section 3, FERC's recent order in Terra Comfort is examined using this framework. A brief preview of FERC's order in TECO Power Services comprises Section 4. Overall conclusions are presented in Section 5.

  18. Energy & Financial Markets - U.S. Energy Information Administration (EIA) -

    Gasoline and Diesel Fuel Update

    U.S. Energy Information Administration (EIA) Spot Prices Crude oil is traded in a global market. Prices of the many crude oil streams produced globally tend to move closely together, although there are persistent differentials between light-weight, low-sulfur (light-sweet) grades and heavier, higher-sulfur (heavy-sour) crudes that are lower in quality. Crude oil is processed in refineries to make gasoline, diesel, heating oil, jet fuel, lubricants, petrochemical feedstocks and other

  19. World oil trends

    SciTech Connect

    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.

  20. Petroleum marketing monthly, September 1998, with data for June 1998

    SciTech Connect

    1998-09-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. Monthly statistics on purchases of crude oil and sales of petroleum products are presented in the Petroleum Marketing Monthly in five sections: summary statistics; crude oil prices; prices of petroleum products; volumes of petroleum products; prime supplier sales volumes of petroleum products for local consumption. 7 figs., 50 tabs.

  1. Petroleum marketing monthly, July 1999, with data for April 1999

    SciTech Connect

    1999-07-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. Monthly statistics on purchases of crude oil and sales of petroleum products are presented in the Petroleum Marketing Monthly in five sections: initial estimates; summary statistics; crude oil prices; prices of petroleum products; volumes of petroleum products; and prime supplier sales volumes of petroleum products for local consumption. 7 figs., 70 tabs.

  2. Petroleum marketing monthly, January 1999 with data for October 1998

    SciTech Connect

    1999-01-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. Monthly statistics on purchases of crude oil and sales of petroleum products are presented in the Petroleum Marketing Monthly in five sections: summary statistics; crude oil prices; prices of petroleum products; volumes of petroleum products; and prime supplier sales volumes of petroleum products for local consumption. 7 figs., 50 tabs.

  3. Petroleum marketing monthly, July 1998 with data for April 1998

    SciTech Connect

    1998-07-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. Monthly statistics on purchases of crude oil and sales of petroleum products are presented in the Petroleum Marketing Monthly in five sections: summary statistics; crude oil prices; prices of petroleum products; volumes of petroleum products; and prime supplier sales volumes of petroleum products for local consumption. 7 figs., 50 tabs.

  4. Petroleum marketing monthly, December 1998 with data for September 1998

    SciTech Connect

    1998-12-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. Monthly statistics on purchases of crude oil and sales of petroleum products are presented in the Petroleum Marketing Monthly in five sections: summary statistics; crude oil prices; prices of petroleum products; volumes of petroleum products; and prime supplier sales volumes of petroleum products for local consumption. 7 figs., 50 tabs.

  5. Petroleum marketing monthly, February 1999 with data for November 1998

    SciTech Connect

    1999-02-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. Monthly statistics on purchases of crude oil and sales of petroleum products are presented in the Petroleum Marketing Monthly in six sections: Initial Estimates; Summary Statistics; Crude Oil Prices; Prices of Petroleum Products; Volumes of Petroleum Products; and Prime Supplier Sales Volumes of Petroleum Products for Local Consumption. 7 figs., 50 tabs.

  6. Petroleum marketing monthly, October 1998, with data for July 1998

    SciTech Connect

    1998-10-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. Monthly statistics on purchases of crude oil and sales of petroleum products are presented in the Petroleum Marketing Monthly in five sections: Summary statistics; Crude oil prices; Prices of petroleum products; Volumes of petroleum products; and Prime supplier sales volumes of petroleum products for local consumption. 7 figs., 50 tabs.

  7. Petroleum marketing monthly: August 1998, with data for May 1998

    SciTech Connect

    1998-08-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. Monthly statistics on purchases of crude oil and sales of petroleum products are presented in the Petroleum Marketing Monthly in five sections: Summary Statistics; Crude Oil Prices; Prices of Petroleum Products; Volumes of Petroleum Products; and Prime Supplier Sales Volumes of Petroleum Products for Local Consumption. 7 figs., 50 tabs.

  8. Petroleum marketing monthly, March 1999 with data for December 1998

    SciTech Connect

    1999-03-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. Monthly statistics on purchases of crude oil and sales of petroleum products are presented in the Petroleum Marketing Monthly in five sections: summary statistics; crude oil prices; prices of petroleum products; volumes of petroleum products; and prime supplier sales volumes of petroleum products for local consumption. 7 figs., 50 tabs.

  9. Petroleum marketing monthly, June 1999, with data for March 1999

    SciTech Connect

    1999-06-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. Monthly statistics on purchases of crude oil and sales of petroleum products are presented in the Petroleum Marketing Monthly in five sections: Initial Estimates; Summary Statistics; Crude Oil Prices; Prices of Petroleum Products; Volumes of Petroleum Products; and Prime Supplier Sales Volumes of Petroleum Products for Local Consumption. 7 figs., 50 tabs.

  10. Petroleum marketing monthly, May 1999, with data for February 1999

    SciTech Connect

    1999-05-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. Monthly statistics on purchases of crude oil and sales of petroleum products are presented in the Petroleum Marketing Monthly in five sections: Initial Estimates; Summary Statistics; Crude Oil Prices; Prices of Petroleum Products; Volumes of Petroleum Products; and Prime Supplier Sales Volumes of Petroleum Products for Local Consumption. 7 figs., 50 tabs.

  11. Petroleum marketing monthly, May 1998, with data for February 1998

    SciTech Connect

    1998-05-01

    The Petroleum Marketing Monthly (PMM) provides Information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. Monthly statistics on purchases of crude oil and sales of petroleum products are presented in the Petroleum Marketing Monthly in five sections: summary statistics; crude oil prices; prices of petroleum products; volumes of petroleum products; prime supplier sales volumes of petroleum products for local consumption. 7 figs., 50 tabs.

  12. Petroleum marketing monthly, November 1998, with data for August 1998

    SciTech Connect

    1998-11-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. Monthly statistics on purchases of crude oil and sales of petroleum products are presented in the Petroleum Marketing Monthly in five sections: Summary statistics; Crude oil prices; Prices of petroleum products; Volumes of petroleum products; and Prime supplier sales volumes of petroleum products for local consumption. 7 figs., 50 tabs.

  13. Petroleum marketing monthly, June 1998, with data from March 1998

    SciTech Connect

    1998-06-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. Monthly statistics on purchases of crude oil and sales of petroleum products are presented in the Petroleum Marketing Monthly in five sections: summary statistics; crude oil prices; prices of petroleum products; volumes of petroleum products and prime supplier sales volumes of petroleum products for local consumption. 7 figs., 50 tabs.

  14. Petroleum marketing monthly, December 1992

    SciTech Connect

    Not Available

    1992-12-14

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

  15. Petroleum marketing monthly, July 1993

    SciTech Connect

    Not Available

    1993-07-15

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

  16. Petroleum marketing monthly, August 1990

    SciTech Connect

    Not Available

    1990-11-07

    The Petroleum Marketing Monthly (PMM) is designed to give information and statistical data about a variety of crude oils and refined petroleum products. The publication provides statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners' acquisition cost of crude oil. Sales data for motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane are presented. 12 figs., 49 tabs.

  17. Petroleum marketing monthly, November 1993

    SciTech Connect

    Not Available

    1993-11-09

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

  18. Petroleum marketing monthly, August 1993

    SciTech Connect

    Not Available

    1993-08-10

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

  19. Petroleum marketing monthly, February 1994

    SciTech Connect

    Not Available

    1994-02-25

    The Petroleum Marketing Monthly is designed to give information and statistical data about a variety of crude oils and refined petroleum products. The publication provides statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiner`s acquisition cost of crude oil. Sales data for motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane are presented.

  20. Petroleum marketing monthly, January 1994

    SciTech Connect

    Not Available

    1994-02-01

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

  1. Petroleum marketing monthly, October 1993

    SciTech Connect

    Not Available

    1993-10-07

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

  2. Petroleum marketing monthly, April 1994

    SciTech Connect

    Not Available

    1994-04-12

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

  3. Petroleum marketing monthly, March 1994

    SciTech Connect

    Not Available

    1994-03-22

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

  4. Petroleum marketing monthly, April 1993

    SciTech Connect

    Not Available

    1993-04-14

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

  5. Petroleum marketing monthly, May 1993

    SciTech Connect

    Not Available

    1993-05-27

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

  6. Petroleum marketing monthly, November 1992

    SciTech Connect

    Not Available

    1992-11-09

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

  7. Petroleum marketing monthly, December 1994

    SciTech Connect

    Not Available

    1994-12-07

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

  8. Petroleum marketing monthly, March 1993

    SciTech Connect

    Not Available

    1993-03-16

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

  9. Petroleum marketing monthly, February 1993

    SciTech Connect

    Not Available

    1993-02-10

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

  10. Petroleum marketing monthly, November 1994

    SciTech Connect

    Not Available

    1994-11-21

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

  11. Petroleum marketing monthly, December 1993

    SciTech Connect

    Not Available

    1993-12-16

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

  12. Petroleum marketing monthly, September 1994

    SciTech Connect

    Not Available

    1994-09-01

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

  13. Petroleum marketing monthly, August 1994

    SciTech Connect

    Not Available

    1994-08-15

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

  14. Study of the competitive viability of minority fuel oil marketers. Final report

    SciTech Connect

    1981-09-30

    Previous studies on the competitive viability of the fuel oil heating market had addressed some of the unique problems facing minority fuel oil marketers (MFMs) within the total market sector (TMS). This study focused on identifying and developing quantitative information on MFMs in the TMS. The specific objective was to determine whether the business problems experienced by MFMs were directly related to their minority status or were characterstic of any firm in the TMS operating under comparable conditions. As an overall conclusion, thorough investigation of the MFMs considered to constitute the universe of minoriy firms within the TMS did not reveal any evidence of overt discrimination affecting the competitive viability of MFMs. Upon analysis, the problems reported by MFMs could not be reasonably ascribed to discrimination on the basis of their minority business status. The study, however, did point up problems unique to MFMs as the result of typical operational and financial characteristics. For example, MFMs, compared to the TMS norm, have not been in the market as long and are smaller in terms of total assets, number of employees, number of trucks, number of accounts and annual volume of oil delivered. Their primary customers are low-income families in urban areas. Financial indicators suggest that the average MFM does not have long-term financial stability. The basis for this overall conclusion, derived by analyses of information from MFMs, as well as many independent sources, is summarized in three parts: (1) MFM industry profile; (2) financial analyses; and (3) problem analyses.

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

    SciTech Connect

    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.

  16. Petroleum marketing annual, 1991

    SciTech Connect

    Not Available

    1992-08-01

    The Petroleum Marketing Annual contains statistical data on a variety of crude oils and refined petroleum products. The publication provides statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the free-on-board and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Sales data for motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane are presented. For this publication, all estimates have been recalculated since their earlier publication in the Petroleum Marketing Monthly (PMM). These calculations made use of additional data and corrections that were received after the PMM publication dates.

  17. Petroleum marketing annual 1993

    SciTech Connect

    Not Available

    1995-01-01

    The Petroleum Marketing Annual (PMA) contains statistical data on a variety of crude oils and refined petroleum products. The publication provides statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the free-on-board (f.o.b.) and landed cost of imported crude oil, and the refiners acquisition cost of crude oil. Sales data for motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane are presented. For this publication, all estimates have been recalculated since their earlier publication in the Petroleum Marketing Monthly (PMM). These calculations made use of additional data and corrections that were received after the PMM publication dates.

  18. U.S. Energy Information Administration | Petroleum Marketing Monthly

    Energy Information Administration (EIA) (indexed site)

    Petroleum Marketing Monthly 1 Articles Feature articles on energy-related subjects are frequently included in this publication. The following articles and special focus items have appeared in previous issues. Explaining EIA Crude Oil and Petroleum Product Price Data and Comparing With Other U.S. Government Data Sources, 2001 to 2010 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . December 2012 A Comparison of EIA-782 Petroleum Product Price and

  19. Another look at the strategic petroleum reserve: Should its oil holdings be privatized?

    SciTech Connect

    Blumstein, C.; Komor, P.

    1996-12-31

    The sharp increases in crude oil prices in the 1970`s unleashed a gusher of economic and policy analyses concerning energy security. A consensus emerged concerning the desirability of building and using a large stock of oil to cushion the effects of a sudden loss of oil supply. The author examines the validity of this large stock of oil considering changes in the oil market and whether the oil holdings of the Strategic Petroleum Reserve should be privatized. 12 refs.

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

    SciTech Connect

    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.

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

    SciTech Connect

    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.

  2. Microsoft Word - Heating Oil Season.docx

    Energy.gov [DOE] (indexed site)

    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 ...

  3. Petroleum Marketing Monthly

    Energy Information Administration (EIA) (indexed site)

    Statistics U.S. Energy Information Administration | Petroleum Marketing Monthly Table 1. Crude oil prices dollars per barrel Year month Domes c fi rst purchase prices Average F.O.B.[a] cost of crude oil imports[b] Average landed cost of crude oil imports[b] Refi ner acquisi on cost of crude oil Domes c Imported Composite 1996 average 18.46 19.32 20.31 20.77 20.64 20.71 1997 average 17.23 16.94 18.11 19.61 18.53 19.04 1998 average 10.87 10.76 11.84 13.18 12.04 12.52 1999 average 15.56 16.47 17.23

  4. Natural Gas Wellhead Price

    Energy Information Administration (EIA) (indexed site)

    Wellhead Price Marketed Production Period: Monthly Annual Download Series History Download Series History Definitions, Sources & Notes Definitions, Sources & Notes Show Data By: ...

  5. International Oil Supplies and Demands

    SciTech Connect

    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.

  6. International Oil Supplies and Demands

    SciTech Connect

    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.

  7. Price controls and international petroleum product prices

    SciTech Connect

    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.

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

    Gasoline and Diesel Fuel Update

    Administration (EIA) Spot Prices Crude oil is traded in a global market. Prices of the many crude oil streams produced globally tend to move closely together, although there are persistent differentials between light-weight, low-sulfur (light-sweet) grades and heavier, higher-sulfur (heavy-sour) crudes that are lower in quality. Updated: Monthly | Last Updated: 10/31/2016 Many types of crude oil are produced around the world. Variations in quality and location result in price differentials,

  9. Prices & Trends

    Energy.gov [DOE]

    The U.S. Energy Information Administration (EIA) collects, analyzes, and disseminates independent and impartial energy information to promote sound policymaking, efficient markets, and public understanding of energy and its interaction with the economy and the environment. Learn about EIA and Energy Department organizations that track energy prices and trends.

  10. Petroleum marketing monthly, March 1995

    SciTech Connect

    1995-03-10

    This report for March 1995, provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. The Petroleum Marketing Division, Office of Oil and Gas, Energy Information Administration ensures the accuracy, quality, and confidentiality of the published data in the Petroleum Marketing Monthly. A glossary is included.

  11. Energy Imbalance Market Update

    U.S. Department of Energy (DOE) - all webpages (Extended Search)

    in CAISO Market Jim Price, Senior Advisor, Market Development & Analysis California ISO CAISO Public Market minimizes bid costs, while accounting for multiple transmission...

  12. The outlook for US oil dependence

    SciTech Connect

    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.

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

    SciTech Connect

    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.

  14. Petroleum marketing monthly: September 1996, with data for June 1996

    SciTech Connect

    1996-09-01

    The Petroleum Marketing Monthly provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. Detailed statistics for crude oil, including the price of imported crude oil by country of origin, by gravity, and by crude stream. To aid the reader in determining the market changes, the majority of the tables show data for the report month and previous months for the current year, and the report month for the previous year. 7 figs., 50 tabs.

  15. Petroleum marketing monthly, December 1992. [Contains glossary

    SciTech Connect

    Not Available

    1992-12-14

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

  16. Petroleum marketing monthly, November 1991. [Contains glossary

    SciTech Connect

    Not Available

    1991-11-07

    The Petroleum Marketing Monthly is designed to give information and statistical data about a variety of crude oils and refined petroleum products. The publication provides statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners' acquisition cost of crude oil. Sales data for motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane are presented. 12 figs., 53 tabs.

  17. Petroleum Marketing Monthly, January 1991. [Contains Glossary

    SciTech Connect

    Not Available

    1991-01-09

    The Petroleum Marketing Monthly (PMM) is designed to give information and statistical data about a variety of crude oils and refined petroleum products. The publication provides statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners' acquisition cost of crude oil. Sales data for motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane are presented. 12 figs., 55 tabs.

  18. Microsoft Word - Price Uncertainty Supplement.doc

    U.S. Department of Energy (DOE) - all webpages (Extended Search)

    respectively (see Energy Price Volatility and Forecast Uncertainty documentation). During the same period last year, market participants were pricing March-delivered WTI ...

  19. Technology trends, energy prices affect worldwide rig activity

    SciTech Connect

    Rappold, K.

    1995-09-25

    The major worldwide offshore rig markets have improved slightly this year, while the onshore markets generally lagged slightly. Offshore rig utilization rates have remained strong worldwide, with some areas reaching nearly 100%. Total worldwide offshore rig (jack ups, semisubmersible, drillships, submersibles, and barges) utilization was about 86%. Offshore drilling activity is driven primarily by oil and natural gas price expectations. Natural gas prices tend to drive North American offshore drilling activity, including the shallow waters in the Gulf of Mexico. International offshore drilling activity and deepwater projects in the Gulf of Mexico are more closely tied to oil prices. The paper discusses US rig count, directional drilling activity, jack up rig demand, semisubmersibles demand, rig replacement costs, and new construction.

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

    SciTech Connect

    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.

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

    Energy Science and Technology Software Center

    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

  2. Volume higher; spot price ranges widen

    SciTech Connect

    1994-11-01

    This article is the October 1994 uranium market summary. During this reporting period, volume on the spot concentrates market doubled. Twelve deals took place: three in the spot concentrates market, one in the medium and long-term market, four in the conversion market, and four in the enrichment market. The restricted price range widened due to higher prices at the top end of the range, while the unrestricted price range widened because of lower prices at the bottom end. Spot conversion prices were higher, and enrichment prices were unchanged.

  3. Commerical Price - Marketers

    Energy Information Administration (EIA) (indexed site)

    12 2006-2010 Florida 9.94 2006-2010 Georgia 11.00 10.53 9.69 9.19 9.71 8.28 2006-2015 Maryland 9.64 2006-2010 Michigan 7.61 2006-2010 New York 11.36 9.23 7.58 7.68 7.89 6.41 2006-2015 Ohio 9.23 8.39 6.97 6.00 7.68 6.19 2006-2015 Pennsylvania 9.64 2006-2010 Virginia 9.13

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

    U.S. Department of Energy (DOE) - all 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...

  5. The Northeast heating fuel market: Assessment and options

    SciTech Connect

    2000-07-01

    In response to a Presidential request, this study examines how the distillate fuel oil market (and related energy markets) in the Northeast behaved in the winter of 1999-2000, explains the role played by residential, commercial, industrial, and electricity generation sector consumers in distillate fuel oil markets and describes how that role is influenced by the structure of tie energy markets in the Northeast. In addition, this report explores the potential for nonresidential users to move away from distillate fuel oil and how this might impact future prices, and discusses conversion of distillate fuel oil users to other fuels over the next 5 years. Because the President's and Secretary's request focused on converting factories and other large-volume users of mostly high-sulfur distillate fuel oil to other fuels, transportation sector use of low-sulfur distillate fuel oil is not examined here.

  6. International Oil Supplies and Demands. Volume 2

    SciTech Connect

    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.

  7. International Oil Supplies and Demands. Volume 1

    SciTech Connect

    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.

  8. Oil and economic performance in industrial countries

    SciTech Connect

    Nordhaus, W.D.

    1980-01-01

    The Organization for Economic Co-operation and Development (OECD) countries have experienced slower economic growth and periods of discontinuity in the energy market since the 1973-74 oil embargo. A review of this phenomenon examines changes in the market during the 1960s and 70s, linkages between oil prices and economic performance, and appropriate policy responses. When price elasticities are calculated over time, recent US economic behavior appears to have both historical and cross-sountry consistency. Little flexibility is seen in the available energy-using technologies for producing goods and services, while energy-using capital has been sluggish. Dr. Nordhaus advocates high oil price and high tax policies as the best way to limit demand without slowing economic growth. (DCK)

  9. U.S. Energy Information Administration | Petroleum Marketing Monthly May 2014

    Gasoline and Diesel Fuel Update

    Monthly May 2014 iii May 2014 Preface The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners'

  10. Product Guide Product Guide Volumes Category Prices Table Crude...

    Annual Energy Outlook

    . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -- 49 Product Guide Volumes Category Prices Table Energy Information Administration Petroleum Marketing...

  11. What Is Price Volatility

    Gasoline and Diesel Fuel Update

    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...

  12. The Outlook for U.S. Oil Dependence

    SciTech Connect

    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. OIl Speculation

    Annual Energy Outlook

    This research is the outgrowth of a survey paper I prepared ... in price determination in energy markets. 1 Many attribute ... on commodity pricing abstracts from the impact of the ...

  14. Crude Oil Prices

    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...

  15. Crude Oil Prices

    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 ......

  16. Crude Oil Prices

    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...

  17. Petroleum Marketing Annual 2009

    Energy Information Administration (EIA) (indexed site)

    Petroleum Marketing Annual 2009 Released: August 6, 2010 Next Release Date: Discontinued find annual data in Petroleum Marketing Monthly Monthly price and volume statistics on...

  18. Petroleum marketing monthly, November 1997 with data for August 1997

    SciTech Connect

    1997-11-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. 7 figs., 50 tabs.

  19. Petroleum marketing monthly, April 1997 with data for January 1997

    SciTech Connect

    1997-04-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. 7 figs., 50 tabs.

  20. Petroleum marketing monthly, June 1997 with data for March 1997

    SciTech Connect

    1997-06-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. 7 figs., 50 tabs.

  1. Petroleum marketing monthly, January 1998 with data for October 1997

    SciTech Connect

    1998-01-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. 7 figs., 50 tabs.

  2. Petroleum marketing monthly, March 1998, with data for December 1997

    SciTech Connect

    1998-03-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. 7 figs., 50 tabs.

  3. Petroleum marketing monthly, February 1997 with data for November 1996

    SciTech Connect

    1997-02-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. 7 figs., 50 tabs.

  4. Petroleum marketing monthly, March 1996 with data for December 1995

    SciTech Connect

    1996-03-08

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

  5. Petroleum marketing monthly, May 1997 with data for February 1997

    SciTech Connect

    1997-05-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. 7 figs., 50 tabs.

  6. Petroleum marketing monthly, April 1996 with data for January 1996

    SciTech Connect

    1996-04-02

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

  7. Petroleum marketing monthly, October 1997 with data for July 1997

    SciTech Connect

    1997-10-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. 7 figs., 50 tabs.

  8. Petroleum marketing monthly, September 1997 with data for June 1997

    SciTech Connect

    1997-09-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. 7 figs., 50 tabs.

  9. Delineating coal market regions

    SciTech Connect

    Solomon, B.D.; Pyrdol, J.J.

    1986-04-01

    This study addresses the delineation of US coal market regions and their evolution since the 1973 Arab oil embargo. Dichotomizing into compliance (low sulfur) and high sulfur coal deliveries, market regions are generated for 1973, 1977, and 1983. Focus is restricted to steam coal shipments to electric utilities, which currently account for over 80% of the total domestic market. A two-stage method is used. First, cluster analyses are performed on the origin-destination shipments data to generate baseline regions. This is followed by multiple regression analyses on CIF delivered price data for 1983. Sensitivity analysis on the configuration of the regions is also conducted, and some thoughts on the behavior of coal markets conclude the paper. 37 references, 6 figures, 2 tables.

  10. Issues in the appraisal of energy projects for oil-importing developing countries

    SciTech Connect

    Anand, S.; Nalebuff, B.

    1985-01-01

    This paper develops a theoretical framework to evaluate the benefits and costs of energy projects in oil-importing developing countries. It uses framework to address various questions including the problems of energy dependency and vulnerability, market price, royalty values, increases in real prices of exhaustible resources, the true costs of stockpiling oil, and the need for an international institution to act as coordinator for information gathering and project diversification across countries. Of interest to energy specialists, researchers, project designers, and policymakers.

  11. Petroleum marketing monthly, October 1995 with data for July 1995

    SciTech Connect

    1995-10-03

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

  12. Petroleum marketing monthly: January 1995, with data for October 1994

    SciTech Connect

    Not Available

    1995-01-01

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

  13. Petroleum marketing monthly with data for September 1997

    SciTech Connect

    1997-12-01

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

  14. Petroleum marketing monthly with data for May 1997

    SciTech Connect

    1997-08-01

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

  15. Petroleum marketing monthly, September 1995 with data for June 1995

    SciTech Connect

    1995-08-31

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

  16. Petroleum marketing monthly, May 1995 with data for February 1995

    SciTech Connect

    1995-05-09

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

  17. Petroleum marketing monthly, April 1999, with data for January 1999

    SciTech Connect

    1999-04-01

    The Petroleum Marketing Monthly (PMM) provides information and statistical data on a variety of crude oils and refined petroleum products. The publication presents statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the f.o.b. and landed cost of imported crude oil, and the refiners` acquisition cost of crude oil. Refined petroleum product sales data include motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane. The Petroleum Marketing Division, Office of Oil and Gas, Energy Information Administration ensures the accuracy, quality, and confidentiality of the published data in the Petroleum Marketing Monthly. 56 tabs.

  18. Petroleum marketing monthly, with data for July 1994, October 1994

    SciTech Connect

    Not Available

    1994-10-01

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

  19. Petroleum marketing monthly, May 1996 with data for February 1996

    SciTech Connect

    1996-05-02

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

  20. Petroleum marketing monthly, June 1996: With data for March 1996

    SciTech Connect

    1996-06-04

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

  1. Oil shale technology

    SciTech Connect

    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.

  2. OPEC: 10 years after the Arab oil boycott

    SciTech Connect

    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)

  3. Petroleum marketing annual, 1991. [Contains glossary

    SciTech Connect

    Not Available

    1992-08-01

    The Petroleum Marketing Annual contains statistical data on a variety of crude oils and refined petroleum products. The publication provides statistics on crude oil costs and refined petroleum products sales for use by industry, government, private sector analysts, educational institutions, and consumers. Data on crude oil include the domestic first purchase price, the free-on-board and landed cost of imported crude oil, and the refiners' acquisition cost of crude oil. Sales data for motor gasoline, distillates, residuals, aviation fuels, kerosene, and propane are presented. For this publication, all estimates have been recalculated since their earlier publication in the Petroleum Marketing Monthly (PMM). These calculations made use of additional data and corrections that were received after the PMM publication dates.

  4. Contango in Cushing? Evidence on Financial-Physical Interactions in the U.S. Crude Oil Market

    Energy Information Administration (EIA) (indexed site)

    Contango in Cushing? Evidence on Financial-Physical Interactions in the U.S. Crude Oil Market Louis H. Ederington, University of Oklahoma Chitru S. Fernano, University of Oklahoma Kateryna Holland, University of Oklahoma Thomas K. Lee, U.S. Energy Information Administration March, 2012 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

  5. Impacts of the Venezuelan Crude Oil Production Loss

    Reports and Publications

    2003-01-01

    This assessment of the Venezuelan petroleum loss examines two areas. The first part of the analysis focuses on the impact of the loss of Venezuelan crude production on crude oil supply for U.S. refiners who normally run a significant fraction of Venezuelan crude oil. The second part of the analysis looks at the impact of the Venezuelan production loss on crude markets in general, with particular emphasis on crude oil imports, refinery crude oil throughput levels, stock levels, and the changes in price differences between light and heavy crude oils.

  6. Statement from Energy Secretary Bodman on OPEC's Decision to Cut Crude Oil

    Office of Energy Efficiency and Renewable Energy (EERE) (indexed site)

    Production | Department of Energy from Energy Secretary Bodman on OPEC's Decision to Cut Crude Oil Production Statement from Energy Secretary Bodman on OPEC's Decision to Cut Crude Oil Production October 19, 2006 - 9:17am Addthis "We continue to believe that it is best for oil producers and consumers alike to allow free markets to determine issues of supply, demand and price. Despite the recent downturn in crude oil prices, they remain at historically high levels, clearly indicating a

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

    SciTech Connect

    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.

  8. New York Price of Natural Gas Delivered to Residential Consumers...

    U.S. Department of Energy (DOE) - all webpages (Extended Search)

    Pages: Average Residential Price New York Average Price of Natural Gas Delivered to Residential and Commercial Consumers by Local Distribution and Market Average Residential...

  9. Oil Shale Development from the Perspective of NETL's Unconventional Oil Resource Repository

    SciTech Connect

    Smith, M.W.; Shadle, L.J.; Hill, D.

    2007-01-01

    The history of oil shale development was examined by gathering relevant research literature for an Unconventional Oil Resource Repository. This repository contains over 17,000 entries from over 1,000 different sources. The development of oil shale has been hindered by a number of factors. These technical, political, and economic factors have brought about R&D boom-bust cycles. It is not surprising that these cycles are strongly correlated to market crude oil prices. However, it may be possible to influence some of the other factors through a sustained, yet measured, approach to R&D in both the public and private sectors.

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

    SciTech Connect

    Not Available

    1990-03-26

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

  11. Fairness and dynamic pricing: comments

    SciTech Connect

    Hogan, William W.

    2010-07-15

    In ''The Ethics of Dynamic Pricing,'' Ahmad Faruqui lays out a case for improved efficiency in using dynamic prices for retail electricity tariffs and addresses various issues about the distributional effects of alternative pricing mechanisms. The principal contrast is between flat or nearly constant energy prices and time-varying prices that reflect more closely the marginal costs of energy and capacity. The related issues of fairness criteria, contracts, risk allocation, cost allocation, means testing, real-time pricing, and ethical policies of electricity market design also must be considered. (author)

  12. Energy Prices, Power, and Trade

    Gasoline and Diesel Fuel Update

    Energy Prices, Power, and Trade for The Energy Council March 5, 2016 | Washington, D.C. by Adam Sieminski, Administrator U.S. Energy Information Administration Energy Markets Update 2 The Energy Council | Energy Prices, Power, and Trade March 5, 2016 $/b Continued robust supply and increasingly weak economic demand continue to pressure crude prices downward Source: EIA, Bloomberg 3 The Energy Council | Energy Prices, Power, and Trade March 5, 2016 $/MMbtu billion cubic feet Resilient production

  13. Microsoft PowerPoint - GlobalOilEcon.ppt

    Energy Information Administration (EIA) (indexed site)

    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 Price Shocks and U.S. Economic Activity Nathan Balke, Stephen Brown, Mine Yücel March 31, 2008 I. Introduction. What are the economic consequences to the United States of an increase in the oil price? Conventional thinking: oil supply shock * Higher oil price * Slower GDP growth * Increased price level Real oil price

  14. Market place movements

    SciTech Connect

    1996-10-01

    Historical financial data is provided for the uranium market in graphical and tabular form. Data include uranium spot price range, spot conversion price range, and seperative work units price range. Additional spot market information provided is natural uranium by buyers and sellers. Medium- and long-term data includes average natural uranium prices, and natural uranium market by buyers and sellers. Information on US contracted supply and demand and uranium production in Australia, Canada, and the US is given.

  15. Oil

    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.

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

    Gasoline and Diesel Fuel Update

    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...

  17. Microsoft Word - Price Uncertainty Supplement.doc

    Gasoline and Diesel Fuel Update

    WTI crude oil spot prices averaged almost 82 per barrel in October, about 7 per barrel ... EIA has raised the average fourth quarter 2010 WTI spot price forecast to about 83 per ...

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

    SciTech Connect

    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.

  19. Charts and graphs: NUKEM Uranium price ange data; NUKEM Uranium historical price graph; U.S. DOE & euratom average contract prices for natural uranium; NUKEM SWU historical price graph; NUKEM SWU spot/secondary price range; U.S. DOE separative work prices data

    SciTech Connect

    1996-04-01

    This article is the uranium market data summary. It contains data for the following subjects: (1) March 1996 transactions, (2) Uranium price range data, (3) Historical uranium price range data, (4) DOE and Euratom average contract prices for natural uranium, (5) SWU historical price data, (6) SWU/spot/secondary price range data, and (7) DOE SWU prices data.

  20. Petroleum Marketing Monthly

    Energy Information Administration (EIA) (indexed site)

    U.S. Refi ner residual fuel oil prices and volumes Source: U.S. Energy Information Administration, Form EIA-782A, "Refi ners'/Gas Plant Operators' Monthly Petroleum Product Sales Report." Source: U.S. Energy Information Administration, Form EIA-782A, "Refi ners'/Gas Plant Operators' Monthly Petroleum Product Sales Re Re Re Repo po po po p rt rt rt rt." U.S. Energy Information Administration | Petroleum Marketing Monthly 28 November 2016

  1. Impact and future of heavy oil produciton

    SciTech Connect

    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.

  2. Impact and future of heavy oil produciton

    SciTech Connect

    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.

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

    SciTech Connect

    Kaufmann, Robert

    2005-06-01

    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.

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

    SciTech Connect

    Kaufmann, Robert

    2009-04-22

    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.

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

    ScienceCinema

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

    2016-07-12

    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.

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

    SciTech Connect

    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.

  7. Petroleum marketing monthly, February 1995 - with data for November 1994

    SciTech Connect

    Not Available

    1995-02-01

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

  8. AEO2017 Liquid Fuels Markets Working Group Presentation

    Energy Information Administration (EIA) (indexed site)

    Liquid Fuels Markets Working Group AEO2017 Liquid Fuels Markets Working Group Meeting #1 Office of Petroleum, Natural Gas, and Biofuels Analysis August 25, 2016 | Washington, DC WORKING GROUP PRESENTATION FOR DISCUSSION PURPOSES DO NOT QUOTE OR CITE AS RESULTS ARE SUBJECT TO CHANGE Discussion topics * "Short" AEO2017 * World Oil Price Path * Assumptions/changes for AEO2017 - petroleum * Assumptions/changes for AEO2017 - biofuels/non-petroleum 2 AEO2017 LFMM/IEM Working Group Meeting

  9. Fuel Oil Use in Manufacturing

    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?...

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

    SciTech Connect

    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.

  11. Construction of Discrete Time Shadow Price

    SciTech Connect

    Rogala, Tomasz Stettner, Lukasz

    2015-12-15

    In the paper expected utility from consumption over finite time horizon for discrete time markets with bid and ask prices and strictly concave utility function is considered. The notion of weak shadow price, i.e. an illiquid price, depending on the portfolio, under which the model without bid and ask price is equivalent to the model with bid and ask price is introduced. Existence and the form of weak shadow price is shown. Using weak shadow price usual (called in the paper strong) shadow price is then constructed.

  12. Petroleum Marketing Monthly

    Energy Information Administration (EIA) (indexed site)

    Prices U.S. Energy Information Administration | Petroleum Marketing Monthly Table 18. Domes c crude oil fi rst purchase prices dollars per barrel Year month U.S. Average PAD District 1 PAD District 2 U.S. Average Less AK North Slope Average NY PA WV Average IL IN KS KY MI NE 1996 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 18.73 18.63 17.97 18.75 18.10 1998 10.87 11.51 13.21 13.66 13.67 11.95 12.29 12.78 12.49

  13. 2015 Uranium Marketing Annual Report

    U.S. Department of Energy (DOE) - all webpages (Extended Search)

    Uranium Marketing Annual Report 2015 Uranium Marketing Annual Report Release Date: May 24, 2016 Next Release Date: May 2017 Purchases Weighted- average price Purchases Weighted- ...

  14. 2015 Uranium Marketing Annual Report

    Gasoline and Diesel Fuel Update

    Uranium Marketing Annual Report 2015 Uranium Marketing Annual Report Release Date: May 24, 2016 Next Release Date: May 2017 Number of purchasers Quantity with reported price ...

  15. An analysis of US propane markets, winter 1996-1997

    SciTech Connect

    1997-06-01

    In late summer 1996, in response to relatively low inventory levels and tight world oil markets, prices for crude oil, natural gas, and products derived from both began to increase rapidly ahead of the winter heating season. Various government and private sector forecasts indicated the potential for supply shortfalls and sharp price increases, especially in the event of unusually severe winter weather. Following a rapid runup in gasoline prices in the spring of 1996, public concerns were mounting about a possibly similar situation in heating fuels, with potentially more serious consequences. In response to these concerns, the Energy Information Administration (EIA) participated in numerous briefings and meetings with Executive Branch officials, Congressional committee members and staff, State Energy Offices, and consumers. EIA instituted a coordinated series of actions to closely monitor the situation and inform the public. This study constitutes one of those actions: an examination of propane supply, demand, and price developments and trends.

  16. An overview of alternative fossil fuel price and carbon regulation scenarios

    SciTech Connect

    Wiser, Ryan; Bolinger, Mark

    2004-10-01

    The benefits of the Department of Energy's research and development (R&D) efforts have historically been estimated under business-as-usual market and policy conditions. In recognition of the insurance value of R&D, however, the Office of Energy Efficiency and Renewable Energy (EERE) and the Office of Fossil Energy (FE) have been exploring options for evaluating the benefits of their R&D programs under an array of alternative futures. More specifically, an FE-EERE Scenarios Working Group (the Working Group) has proposed to EERE and FE staff the application of an initial set of three scenarios for use in the Working Group's upcoming analyses: (1) a Reference Case Scenario, (2) a High Fuel Price Scenario, which includes heightened natural gas and oil prices, and (3) a Carbon Cap-and-Trade Scenario. The immediate goal is to use these scenarios to conduct a pilot analysis of the benefits of EERE and FE R&D efforts. In this report, the two alternative scenarios being considered by EERE and FE staff--carbon cap-and-trade and high fuel prices--are compared to other scenarios used by energy analysts and utility planners. The report also briefly evaluates the past accuracy of fossil fuel price forecasts. We find that the natural gas prices through 2025 proposed in the FE-EERE Scenarios Working Group's High Fuel Price Scenario appear to be reasonable based on current natural gas prices and other externally generated gas price forecasts and scenarios. If anything, an even more extreme gas price scenario might be considered. The price escalation from 2025 to 2050 within the proposed High Fuel Price Scenario is harder to evaluate, primarily because few existing forecasts or scenarios extend beyond 2025, but, at first blush, it also appears reasonable. Similarly, we find that the oil prices originally proposed by the Working Group in the High Fuel Price Scenario appear to be reasonable, if not conservative, based on: (1) the current forward market for oil, (2) current oil prices

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

    SciTech Connect

    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.

  18. Coal markets squeeze producers

    SciTech Connect

    Ryan, M.

    2005-12-01

    Supply/demand fundamentals seem poised to keep prices of competing fossil fuels high, which could cushion coal prices, but increased mining and transportation costs may squeeze producer profits. Are markets ready for more volatility?

  19. Microsoft Word - Price Uncertainty Supplement.doc

    Gasoline and Diesel Fuel Update

    Bob Ryan (Robert.Ryan@eia.doe.gov) Energy Information AdministrationShort-Term ... indicated market participants were pricing the impact of the 6-month deepwater ...

  20. Energy Information Administration / Petroleum Marketing Annual...

    Energy Information Administration (EIA) (indexed site)

    55 Energy Information Administration Petroleum Marketing Annual 1997 Prices of Petroleum Products Table 31. Motor Gasoline Prices by Grade, Sales Type, PAD District, and State...

  1. Appliance Efficiency Standards and Price Discrimination

    SciTech Connect

    Spurlock, Cecily Anna

    2013-05-08

    I explore the effects of two simultaneous changes in minimum energy efficiency and ENERGY STAR standards for clothes washers. Adapting the Mussa and Rosen (1978) and Ronnen (1991) second-degree price discrimination model, I demonstrate that clothes washer prices and menus adjusted to the new standards in patterns consistent with a market in which firms had been price discriminating. In particular, I show evidence of discontinuous price drops at the time the standards were imposed, driven largely by mid-low efficiency segments of the market. The price discrimination model predicts this result. On the other hand, in a perfectly competition market, prices should increase for these market segments. Additionally, new models proliferated in the highest efficiency market segment following the standard changes. Finally, I show that firms appeared to use different adaptation strategies at the two instances of the standards changing.

  2. Assessment of Prices of Natural Gas Futures Contracts As A Predictor of Realized Spot Prices, An

    Reports and Publications

    2005-01-01

    This article compares realized Henry Hub spot market prices for natural gas during the three most recent winters with futures prices as they evolve from April through the following February, when trading for the March contract ends.

  3. EIA - Special Report 9/1/05 - Hurricane Katrina's Impact on Oil Markets

    Energy Information Administration (EIA) (indexed site)

    Thursday, September 1, 3:00 pm --SEE MOST RECENT-- According to the Minerals Management Service (MMS), as of 11:30 Central Time September 1, Gulf of Mexico oil production was reduced by over 1.356 million barrels per day as a result of Hurricane Katrina, equivalent to 90.43 percent of daily Gulf of Mexico oil production (which is 1.5 million barrels per day). The MMS also reported that 7.866 billion cubic feet per day of natural gas production was shut in, equivalent to 78.66 percent of daily

  4. Uranium Marketing Annual Report -

    Annual Energy Outlook

    because of independent rounding. Average prices are not adjusted for inflation. Source: U.S. Energy Information Administration: Form EIA-858 "Uranium Marketing Annual Survey" (2011

  5. Petroleum Marketing Monthly

    Energy Information Administration (EIA) (indexed site)

    U.S. Refi ner retail petroleum product prices U.S. Energy Information Administration | Petroleum Marketing Monthly 7 November 2016

  6. Oil Security Metrics Model

    SciTech Connect

    Greene, David L.; Leiby, Paul N.

    2005-03-06

    A presentation to the IWG GPRA USDOE, March 6, 2005, Washington, DC. OSMM estimates oil security benefits of changes in the U.S. oil market.

  7. Mandatory petroleum price and allocation regulations: a history and analysis

    SciTech Connect

    Lane, W.C. Jr.

    1981-05-05

    This study is a history and analysis of Federal controls over petroleum price and allocation decisions throughout the 1970's. It relies in large part on the many analyses and comments written by academics, government officials and others who have studied the topic over the past nine years. The first part of this study outlines the conditions in the domestic petroleum market that led to the imposition of first price, and then allocation controls on the oil industry. The second part explores the operation and effectiveness of the regulations during periods of oil supply disruptions - the Arab embargo of 1973-1974 and the 1979 shortfall attendant to the revolution in Iran. The third part describes many of the more important changes made to the regulations during non-disrupted periods, and examines the effect the regulations had on the operation and structure of the domestic oil industry. The last part analyzes the overall effects of the regulations on consumer prices and national welfare.

  8. North American Natural Gas Markets

    SciTech Connect

    Not Available

    1989-02-01

    This report summarizes die research by an Energy Modeling Forum working group on the evolution of the North American natural gas markets between now and 2010. The group's findings are based partly on the results of a set of economic models of the natural gas industry that were run for four scenarios representing significantly different conditions: two oil price scenarios (upper and lower), a smaller total US resource base (low US resource case), and increased potential gas demand for electric generation (high US demand case). Several issues, such as the direction of regulatory policy and the size of the gas resource base, were analyzed separately without the use of models.

  9. North American Natural Gas Markets

    SciTech Connect

    Not Available

    1988-12-01

    This report sunnnarizes the research by an Energy Modeling Forum working group on the evolution of the North American natural gas markets between now and 2010. The group's findings are based partly on the results of a set of economic models of the natural gas industry that were run for four scenarios representing significantly different conditions: two oil price scenarios (upper and lower), a smaller total US resource base (low US resource case), and increased potential gas demand for electric generation (high US demand case). Several issues, such as the direction of regulatory policy and the size of the gas resource base, were analyzed separately without the use of models.

  10. Approximate option pricing

    SciTech Connect

    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.

  11. Petroleum Marketing Monthly

    Energy Information Administration (EIA) (indexed site)

    Highlights Crude oil * Monthly average crude oil prices continued to fall in August. The average domestic crude oil fi rst purchase price declined 24 cents (0.6%), to $40.46 per barrel. * The average free-on-board (f.o.b.) cost of imported crude oil fell 52 cents (1.3%) to $38.28 per barrel. The average landed cost of foreign crude oil dropped $1.13 (2.8%), to $39.89 per barrel. * The average refi ner acquisition cost for domestic crude oil decreased 70 cents (1.6%), to $44.18 per barrel. The

  12. Natural Gas Residential Price (Summary)

    Gasoline and Diesel Fuel Update

    Pipeline and Distribution Use Price Citygate Price Residential Price Commercial Price Industrial Price Vehicle Fuel Price Electric Power Price Proved Reserves as of 1231 Reserves ...

  13. Natural Gas Citygate Price (Summary)

    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 1231 Reserves ...

  14. Flexible procurement strategies smooth price spikes

    SciTech Connect

    Gaalaas, T.

    2006-12-15

    Pace Global Energy Services has been predicting for some time that the recent peaks in spot coal prices were not sustainable and this has been borne out. The latest available data on coal supply and demand fundamental suggest that spot coal prices may decline even more rapidly than previously forecast. Price volatility over the last five years suggests that a flexible procurement strategy that is well adapted to volatile market conditions may be just as important as knowledge of market fundamentals. 3 figs.

  15. New York Price of Natural Gas Sold to Commercial Consumers (Dollars...

    U.S. Department of Energy (DOE) - all webpages (Extended Search)

    Pages: Average Commercial Price New York Average Price of Natural Gas Delivered to Residential and Commercial Consumers by Local Distribution and Market Average Commercial...

  16. Overview of Aviation Fuel Markets for Biofuels Stakeholders

    SciTech Connect

    Davidson, C.; Newes, E.; Schwab, A.; Vimmerstedt, L.

    2014-07-01

    This report is for biofuels stakeholders interested the U.S. aviation fuel market. Jet fuel production represents about 10% of U.S. petroleum refinery production. Exxon Mobil, Chevron, and BP top producers, and Texas, Louisiana, and California are top producing states. Distribution of fuel primarily involves transport from the Gulf Coast to other regions. Fuel is transported via pipeline (60%), barges on inland waterways (30%), tanker truck (5%), and rail (5%). Airport fuel supply chain organization and fuel sourcing may involve oil companies, airlines, airline consortia, airport owners and operators, and airport service companies. Most fuel is used for domestic, commercial, civilian flights. Energy efficiency has substantially improved due to aircraft fleet upgrades and advanced flight logistic improvements. Jet fuel prices generally track prices of crude oil and other refined petroleum products, whose prices are more volatile than crude oil price. The single largest expense for airlines is jet fuel, so its prices and persistent price volatility impact industry finances. Airlines use various strategies to manage aviation fuel price uncertainty. The aviation industry has established goals to mitigate its greenhouse gas emissions, and initial estimates of biojet life cycle greenhouse gas emissions exist. Biojet fuels from Fischer-Tropsch and hydroprocessed esters and fatty acids processes have ASTM standards. The commercial aviation industry and the U.S. Department of Defense have used aviation biofuels. Additional research is needed to assess the environmental, economic, and financial potential of biojet to reduce greenhouse gas emissions and mitigate long-term upward price trends, fuel price volatility, or both.

  17. 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

    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.

  18. Too early to tell on $100 oil

    Energy Information Administration (EIA) (indexed site)

    Middle East oil demand forecast are firmly to the upside, ... IEA, MEES Plus energy price subsidies... 0.00 0.05 0.10 ... likely remain strong as long as oil prices stay above ...

  19. Assumptions and Expectations for Annual Energy Outlook 2015: Oil and Gas Working Group

    Energy Information Administration (EIA) (indexed site)

    and Expectations for Annual Energy Outlook 2016: Oil and Gas Working Group AEO2016 Oil and Gas Supply Working Group Meeting Office of Petroleum, Gas, and Biofuels Analysis February 29, 2016| Washington, DC http://www.eia.gov/forecasts/aeo/workinggroup/ WORKING GROUP PRESENTATION FOR DISCUSSION PURPOSES DO NOT QUOTE OR CITE AS RESULTS ARE SUBJECT TO CHANGE Overview * Natural gas markets - Natural gas supply and delivered prices - Natural gas consumption - Pipeline imports/exports - LNG exports *

  20. Performance, Market and Manufacturing Constraints relevant to...

    Energy.gov [DOE] (indexed site)

    Market pricing of thermoelectric raw materials and processing, cost of manufacture of devices and systems constraints on the viability of a mass market thermoelectric product are ...

  1. Export markets gain strength

    SciTech Connect

    Fiscor, S.

    2008-02-15

    The prices for internally traded coal in the USA have reached record levels and the future market fundamentals look very good. This is mainly due to Asian demand. The article discusses recent markets for US coal and summarizes findings of a recent study by Hill & Associates entitled 'International coal trade - supply, demand and prices to 2025'. 1 ref., 2 tabs.

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

    SciTech Connect

    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.

  3. Naval petroleum and oil shale reserves: Annual report of operations, Fiscal Year 1986

    SciTech Connect

    Not Available

    1987-01-01

    Market prices for curde oil experienced their greatest decline in history during 1986, with substantial effect on the Naval Petroleum and Oil Shale Reserves. Sales procedures which had served the Department well in prior years during periods when oil prices were stable or rising were found inadequate to cope with these declines, and new sales procedures were developed and implemented. Congressional concern that the Government receive fair prices from Naval Petroleum Reserves (NPR) petroleum sales also led to Public Law No. 99-413, enacted on August 29, 1986, which amended title 10, United States Code, Chapter 641. This law sets a minimum price, using two criteria, under which petroleum from the NPR cannot be sold. Notwithstanding the decline in oil and gas prices, revenues from the sale of NPR petroleum totaled $763 million in 1986. Although this represented a 41% decline from 1985 receipts, the 1986 revenues well exceeded net program expenditures of $157 million. Because of the decline in prevailing oil prices during the second quarter of 1986, major cost reductions of $3.4 million were implemented at NPR-3, and even greater reductions are planned for 1987 to ensure the profitability of that field. The decline in energy prices also affected plans to protect natural gas underlying Naval Oil Shale Reserve No. 3 (NOSR-3). Two of 14 planned wells were drilled and are available for production. Unfortunately, efforts to sell gas from these wells have been unsuccessful, and further drilling has been delayed until the gas market is stronger. 16 figs., 20 tabs.

  4. Coal Markets

    Energy Information Administration (EIA) (indexed site)

    Coal Markets | Archive Coal Markets Weekly production Dollars per short ton Dollars per mmbtu Average weekly coal commodity spot prices dollars per short ton Week ending Week ago change Central Appalachia 12,500 Btu, 1.2 SO2 Northern Appalachia 13,000 Btu, < 3.0 SO2 Illinois Basin 11,800 Btu, 5.0 SO2 Powder River Basin 8,800 Btu, 0.8 SO2 Uinta Basin 11,700 Btu, 0.8 SO2 Source: With permission, SNL Energy Note: Coal prices shown reflect those of relatively high-Btu coal selected in each region

  5. A global perspective on energy markets and economic integration.

    SciTech Connect

    Baker, Arnold Barry

    2006-04-01

    What will be the effect of Iraqi domestic instability on Iraqi oil production Negotiations for Iranian nuclear technology on Iranian oil supplies Saudi commitment to expanded oil production President Putin's policies on Russian oil and natural gas supplies President Chavez's policies on Venezuelan oil supplies Instability in Nigeria Higher oil prices on world economic growth Effect of economic growth on oil demand in China, India, U.S., etc. Higher oil prices on non-OPEC oil supplies

  6. Natural Gas Wellhead Price

    Gasoline and Diesel Fuel Update

    Price Percentage of Total Industrial Deliveries included in Prices Vehicle Fuel Price Electric Power Price Period: Monthly Annual Download Series History Download Series ...

  7. Economics of sunflower oil as an extender or substitute for diesel fuel

    SciTech Connect

    Helgeson, D.L.; Schaffner, L.W.

    1982-05-01

    The economics of sunflower oil as an extender or substitute for diesel fuel in US agriculture, with particular emphasis on North Dakota, is examined. A study of the spot market prices indicates that crude sunflower oil has moved closer competitively with bulk diesel prices. On the question of energy efficiency, it is estimated, that using current production and processing estimates, there is a positive net energy ratio of 5.78 to 1. Processing can take place at the commercial leveL, in intermediate sized plants or on-farm. Costs were analyzed for three sizes of farm presses. (Refs. 6).

  8. Table 1. Crude Oil Prices

    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...

  9. Table 1. Crude Oil Prices

    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;...

  10. Table 1. Crude Oil Prices

    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...

  11. Table 1. Crude Oil Prices

    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...

  12. Table 1. Crude Oil Prices

    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...

  13. Trends in heavy oil production and refining in California

    SciTech Connect

    Olsen, D.K.; Ramzel, E.B.; Pendergrass, R.A. II

    1992-07-01

    This report is one of a series of publications assessing the feasibility of increasing domestic heavy oil production and is part of a study being conducted for the US Department of Energy. This report summarizes trends in oil production and refining in Canada. Heavy oil (10{degrees} to 20{degrees} API gravity) production in California has increased from 20% of the state`s total oil production in the early 1940s to 70% in the late 1980s. In each of the three principal petroleum producing districts (Los Angeles Basin, Coastal Basin, and San Joaquin Valley) oil production has peaked then declined at different times throughout the past 30 years. Thermal production of heavy oil has contributed to making California the largest producer of oil by enhanced oil recovery processes in spite of low oil prices for heavy oil and stringent environmental regulation. Opening of Naval Petroleum Reserve No. 1, Elk Hills (CA) field in 1976, brought about a major new source of light oil at a time when light oil production had greatly declined. Although California is a major petroleum-consuming state, in 1989 the state used 13.3 billion gallons of gasoline or 11.5% of US demand but it contributed substantially to the Nation`s energy production and refining capability. California is the recipient and refines most of Alaska`s 1.7 million barrel per day oil production. With California production, Alaskan oil, and imports brought into California for refining, California has an excess of oil and refined products and is a net exporter to other states. The local surplus of oil inhibits exploitation of California heavy oil resources even though the heavy oil resources exist. Transportation, refining, and competition in the market limit full development of California heavy oil resources.

  14. Trends in heavy oil production and refining in California

    SciTech Connect

    Olsen, D.K.; Ramzel, E.B.; Pendergrass, R.A. II.

    1992-07-01

    This report is one of a series of publications assessing the feasibility of increasing domestic heavy oil production and is part of a study being conducted for the US Department of Energy. This report summarizes trends in oil production and refining in Canada. Heavy oil (10{degrees} to 20{degrees} API gravity) production in California has increased from 20% of the state's total oil production in the early 1940s to 70% in the late 1980s. In each of the three principal petroleum producing districts (Los Angeles Basin, Coastal Basin, and San Joaquin Valley) oil production has peaked then declined at different times throughout the past 30 years. Thermal production of heavy oil has contributed to making California the largest producer of oil by enhanced oil recovery processes in spite of low oil prices for heavy oil and stringent environmental regulation. Opening of Naval Petroleum Reserve No. 1, Elk Hills (CA) field in 1976, brought about a major new source of light oil at a time when light oil production had greatly declined. Although California is a major petroleum-consuming state, in 1989 the state used 13.3 billion gallons of gasoline or 11.5% of US demand but it contributed substantially to the Nation's energy production and refining capability. California is the recipient and refines most of Alaska's 1.7 million barrel per day oil production. With California production, Alaskan oil, and imports brought into California for refining, California has an excess of oil and refined products and is a net exporter to other states. The local surplus of oil inhibits exploitation of California heavy oil resources even though the heavy oil resources exist. Transportation, refining, and competition in the market limit full development of California heavy oil resources.

  15. STEO January 2013 - average gasoline prices

    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

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

    Energy.gov [DOE] (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 ...

  17. Microsoft Word - Summer 2006 Motor Gasoline Prices.doc

    U.S. Department of Energy (DOE) - all webpages (Extended Search)

    Since November 2005, we had been forecasting monthly average 2006 motor gasoline prices to ... three basic elements: 1. Crude oil costs - the West Texas Intermediate (WTI) crude ...

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

    Gasoline and Diesel Fuel Update

    Administration (EIA) OPEC Crude oil production by the Organization of the Petroleum Exporting Countries (OPEC) is an important factor that affects oil prices. This organization seeks to actively manage oil production in its member countries by setting production targets. Historically, crude oil prices have seen increases in times when OPEC production targets are reduced. OPEC member countries produce about 40 percent of the world's crude oil. Equally important to global prices, OPEC's oil

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

    U.S. Department of Energy (DOE) - all 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...

  20. Hydrogen Market Challenges and Opportunities

    Office of Energy Efficiency and Renewable Energy (EERE) (indexed site)

    Market Challenges and Opportunities Stagnant, but stable, Market: Supply = Demand Stagnant Pricing: Not attractive to producers Transportation Costs Largest New Market has Downward Pricing Pressure (FCEV's) Challenges  Transportation  LOHC (Hydrogenious)  Gas at close to liquid prices  Product Differentiation  High Pressure Transfill  Material Handling Vehicles  Cell tower backup  Vertical Integration  Noble United Joint Venture with Noble Gas for Northeast

  1. No. 2 heating oil/propane program. Final report, 1992/93

    SciTech Connect

    McBrien, J.

    1993-05-01

    During the 1992--93 heating season, the Massachusetts Division Energy Resources (DOER) participated in a joint data collection program between several state energy offices and the federal Department of Energy`s (DOE) Energy Information Administration (EIA). The purpose of the program was to collect and monitor retail and wholesale heating oil and propane prices and inventories from October, 1992 through March, 1993. This final report begins with an overview of the unique events which had an impact on the petroleum markets prior to and during the reporting period. Next, the report summarizes the results from residential heating oil and propane price surveys conducted by DOER over the 1992--93 heating season. The report also incorporates the wholesale heating oil and propane prices and inventories collected by the EIA and distributed to the states. Finally, the report outlines DOER`s use of the data.

  2. Generating a Sustainable Wind Energy Future Thanks to Low Prices |

    Office of Energy Efficiency and Renewable Energy (EERE) (indexed site)

    Department of Energy Generating a Sustainable Wind Energy Future Thanks to Low Prices Generating a Sustainable Wind Energy Future Thanks to Low Prices August 17, 2016 - 4:00pm Addthis The U.S. wind power market remains strong thanks to sustained low prices, rapidly increasing wind energy generation, and growing corporate demand. The U.S. wind power market remains strong thanks to sustained low prices, rapidly increasing wind energy generation, and growing corporate demand. Patrick Gilman

  3. Market Research Report - Global Open Source Software Market Size...

    OpenEI (Open Energy Information) [EERE & EIA]

    we deeply analyzed the world's main region market conditions that including the product price, profit, capacity, production, capacity utilization, supply, demand and industry...

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

    SciTech Connect

    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.

  5. 2015 Uranium Marketing Annual Report

    Annual Energy Outlook

    3 2015 Uranium Marketing Annual Report Release Date: May 24, 2016 Next Release Date: May ... 1 Distribution divides total quantity of uranium delivered (with a price) into eight ...

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

    SciTech Connect

    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.

  7. PROJECT PROFILE: Towards a Low Cost Solar Future: Tracking and Analyzing Solar Cost, Price, and Market Trends (SuNLaMP)

    Office of Energy Efficiency and Renewable Energy (EERE)

    This project consolidates efforts to measure progress towards the SunShot targets and identifies pathways for further cost reductions. The team will build large and varied datasets to track and analyze trends in the cost, performance, and pricing of solar systems through the Tracking the Sun and Utility-Scale Solar reports. This will provide foundational analysis to help address the remaining non-hardware cost and deployment barriers.

  8. Market review - Market values summary/October market review/current market data

    SciTech Connect

    1995-11-01

    This article is the October 1995 uranium market summary. In this reporting period, there were four transactions in the natural uranium market, no activity in the spot UF6 market, no activity in the spot conversion market, and only a single activity in the enrichment services market. Spot uranium volume dropped sharply, and active uranium supply rose. The rise in demand, however, more than offset this increase. Unrestricted exchange prices rose slightly, as did the unrestricted UF6 value. All other prices remained steady.

  9. An economical and market analysis of Canadian wood pellets.

    SciTech Connect

    Peng, J.

    2010-08-01

    This study systematically examined the current and future wood pellet market, estimated the cost of Canadian torrefied pellets, and compared the torrefied pellets with the conventional pellets based on literature and industrial data. The results showed that the wood pellet industry has been gaining significant momentum due to the European bioenergy incentives and the rising oil and natural gas prices. With the new bioenergy incentives in USA, the future pellets market may shift to North America, and Canada can potentially become the largest pellet production centre, supported by the abundant wood residues and mountain pine beetle (MPB) infested trees.

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

    SciTech Connect

    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.

  11. Petroleum Products Table 31. Motor Gasoline Prices by Grade...

    Energy Information Administration (EIA) (indexed site)

    at end of table. 31. Motor Gasoline Prices by Grade, Sales Type, PAD District, and State 56 Energy Information Administration Petroleum Marketing Annual 1996 Table 31. Motor...

  12. Table 34. Reformulated Motor Gasoline Prices by Grade, Sales...

    Energy Information Administration (EIA) (indexed site)

    Information AdministrationPetroleum Marketing Annual 1999 Table 34. Reformulated Motor Gasoline Prices by Grade, Sales Type, PAD District, and Selected States (Cents per...

  13. Table 35. Refiner Motor Gasoline Prices by Grade, Sales Type...

    Energy Information Administration (EIA) (indexed site)

    Energy Information Administration Petroleum Marketing Annual 1995 Table 35. Refiner Motor Gasoline Prices by Grade, Sales Type, PAD District, and State (Cents per Gallon...

  14. Table 32. Conventional Motor Gasoline Prices by Grade, Sales...

    Energy Information Administration (EIA) (indexed site)

    Information Administration Petroleum Marketing Annual 1995 Table 32. Conventional Motor Gasoline Prices by Grade, Sales Type, PAD District, and State (Cents per Gallon...

  15. Table 35. Refiner Motor Gasoline Prices by Grade, Sales Type...

    Energy Information Administration (EIA) (indexed site)

    134 Energy Information AdministrationPetroleum Marketing Annual 1998 Table 35. Refiner Motor Gasoline Prices by Grade, Sales Type, PAD District, and State (Cents per Gallon...

  16. Table 35. Refiner Motor Gasoline Prices by Grade, Sales Type...

    Energy Information Administration (EIA) (indexed site)

    134 Energy Information AdministrationPetroleum Marketing Annual 1999 Table 35. Refiner Motor Gasoline Prices by Grade, Sales Type, PAD District, and State (Cents per Gallon...

  17. Table 34. Reformulated Motor Gasoline Prices by Grade, Sales...

    Energy Information Administration (EIA) (indexed site)

    Information AdministrationPetroleum Marketing Annual 1998 Table 34. Reformulated Motor Gasoline Prices by Grade, Sales Type, PAD District, and Selected States (Cents per...

  18. Table 34. Reformulated Motor Gasoline Prices by Grade, Sales...

    Energy Information Administration (EIA) (indexed site)

    Information Administration Petroleum Marketing Annual 1995 Table 34. Reformulated Motor Gasoline Prices by Grade, Sales Type, PAD District, and State (Cents per Gallon...

  19. Table 32. Conventional Motor Gasoline Prices by Grade, Sales...

    Energy Information Administration (EIA) (indexed site)

    Information AdministrationPetroleum Marketing Annual 1998 Table 32. Conventional Motor Gasoline Prices by Grade, Sales Type, PAD District, and State (Cents per Gallon...

  20. Table 33. Oxygenated Motor Gasoline Prices by Grade, Sales Type...

    Energy Information Administration (EIA) (indexed site)

    Information Administration Petroleum Marketing Annual 1995 Table 33. Oxygenated Motor Gasoline Prices by Grade, Sales Type, PAD District, and State (Cents per Gallon...

  1. Prices by Sales Type, PAD District, and Selected States

    Energy Information Administration (EIA) (indexed site)

    Type, PAD District, and Selected States 224 Energy Information Administration Petroleum Marketing Annual 1997 Table 39. No. 2 Distillate a Prices by Sales Type, PAD District, and...

  2. Prices by Sales Type, PAD District, and Selected States

    Energy Information Administration (EIA) (indexed site)

    Type, PAD District, and Selected States 224 Energy Information Administration Petroleum Marketing Annual 1996 Table 39. No. 2 Distillate a Prices by Sales Type, PAD District, and...

  3. Canadian oil and gas taxation

    SciTech Connect

    Watkins, C.; Scarfe, B.

    1985-01-01

    The taxation of Canadian oil and gas production has occasioned significant conflict between the federal government and the provinces, which own most of the petroleum resources. During the upheaval of the world oil market in the 1970s, such conflict became overt, with claims and counterclaims on perceived economic rents. In contrast, the 1950s and 1960s had been relatively quiet, with quite straightforward taxation regimes requiring only a little federal-provincial policy coordination. Federal policies were then preoccupied with encouraging market growth, with scant attention to pricing and revenue shares, the issues that have dominated federal and provincial energy policy in the 1970s and the 1980s. The authors begin by outlining the tax and royalty systems imposed by the federal government and by the government of Alberta, which accounts for some 85% of Canadian oil and gas output. They use the term system here in a broad sense to include all revenue-collecting devices and direct subsidies. Then they analyze the nature, problems, and efficiency of these regimes, especially as devices to collect economic rent. A final section speculates about the future evolution of Canadian oil and gas taxation. 13 references, 4 tables.

  4. Fuel oil and kerosene sales 1994

    SciTech Connect

    1995-09-27

    This publication contains the 1994 survey results of the ``Annual Fuel Oil and Kerosene Sales Report`` (Form EIA-821). This is the sixth year that the survey data have appeared in a separate publication. Prior to the 1989 report, the statistics appeared in the Petroleum Marketing Annual (PMA)for reference year 1988 and the Petroleum Marketing Monthly (PMM) for reference years 1984 through 1987. The 1994 edition marks the 11th annual presentation of the results of the ongoing ``Annual Fuel Oil and Kerosene Sales Report`` survey. Distillate and residual fuel oil sales continued to move in opposite directions during 1994. Distillate sales rose for the third year in a row, due to a growing economy. Residual fuel oil sales, on the other hand, declined for the sixth year in a row, due to competitive natural gas prices, and a warmer heating season than in 1993. Distillate fuel oil sales increased 4.4 percent while residual fuel oil sales declined 1.6 percent. Kerosene sales decreased 1.4 percent in 1994.

  5. North American Natural Gas Markets. Volume 1

    SciTech Connect

    Not Available

    1988-12-01

    This report sunnnarizes the research by an Energy Modeling Forum working group on the evolution of the North American natural gas markets between now and 2010. The group`s findings are based partly on the results of a set of economic models of the natural gas industry that were run for four scenarios representing significantly different conditions: two oil price scenarios (upper and lower), a smaller total US resource base (low US resource case), and increased potential gas demand for electric generation (high US demand case). Several issues, such as the direction of regulatory policy and the size of the gas resource base, were analyzed separately without the use of models.

  6. North American Natural Gas Markets. Volume 2

    SciTech Connect

    Not Available

    1989-02-01

    This report summarizes die research by an Energy Modeling Forum working group on the evolution of the North American natural gas markets between now and 2010. The group`s findings are based partly on the results of a set of economic models of the natural gas industry that were run for four scenarios representing significantly different conditions: two oil price scenarios (upper and lower), a smaller total US resource base (low US resource case), and increased potential gas demand for electric generation (high US demand case). Several issues, such as the direction of regulatory policy and the size of the gas resource base, were analyzed separately without the use of models.

  7. Noncommercial Trading in the Energy Futures Market

    Reports and Publications

    1996-01-01

    How do futures markets affect spot market prices? This is one of the most pervasive questions surrounding futures markets, and it has been analyzed in numerous ways for many commodities.

  8. Deployment of CCS Technologies across the Load Curve for a Competitive Electricity Market as a Function of CO2 Emissions Permit Prices

    SciTech Connect

    Luckow, Patrick; Wise, Marshall A.; Dooley, James J.

    2011-04-18

    Consistent with other published studies, the modelling presented here reveals that baseload power plants are the first aspects of the electricity sector to decarbonize and are essentially decarbonized once CO2 permit prices exceed a certain threshold ($90/ton CO2 in this study). The decarbonization of baseload electricity is met by significant expansions of nuclear power and renewable energy generation technologies as well as the application of carbon dioxide capture and storage (CCS) technologies applied to both coal and natural gas fired power plants. Relatively little attention has been paid thus far to whether intermediate and peaking units would respond the same way to a climate policy given the very different operational and economic context that these kinds of electricity generation units operate under. In this paper, the authors discuss key aspects of the load segmentation methodology used to imbed a varying electricity demand within the GCAM (a state-of-the-art Integrated Assessment Model) energy and economic modelling framework and present key results on the role CCS technologies could play in decarbonizng subpeak and peak generation (encompassing only the top 10% of the load) and under what conditions. To do this, the authors have modelled two hypothetical climate policies that require 50% and 80% reductions in US emissions from business as usual by the middle of this century. Intermediate electricity generation is virtually decarbonized once carbon prices exceed approximately $150/tonCO2. When CO2 permit prices exceed $160/tonCO2, natural gas power plants with CCS have roughly the same marketshare as conventional gas plants in serving subpeak loads. The penetration of CCS into peak load (upper 6% here) is minimal under the scenarios modeled here suggesting that CO2 emissions from this aspect of the U.S. electricity sector would persist well into the future even with stringent CO2 emission control policies in place.

  9. Oil Overcharge Refund Cases 1996 | Department of Energy

    Office of Environmental Management (EM)

    Oil Overcharge Refund Cases 1996 During the period 1973 through 1981, the Federal government imposed price and allocation controls of crude oil and refined petroleum products, such ...

  10. Oil Overcharge Refund Cases 2003 | Department of Energy

    Office of Environmental Management (EM)

    Oil Overcharge Refund Cases 2003 During the period 1973 through 1981, the Federal government imposed price and allocation controls of crude oil and refined petroleum products, such ...

  11. Oil Overcharge Refund Cases 1999 | Department of Energy

    Office of Environmental Management (EM)

    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 ...

  12. Oil Overcharge Refund Cases 2006 | Department of Energy

    Office of Environmental Management (EM)

    Oil Overcharge Refund Cases 2006 During the period 1973 through 1981, the Federal government imposed price and allocation controls of crude oil and refined petroleum products, such ...

  13. Oil Overcharge Refund Cases 2000 | Department of Energy

    Office of Environmental Management (EM)

    Oil Overcharge Refund Cases 2000 During the period 1973 through 1981, the Federal government imposed price and allocation controls of crude oil and refined petroleum products, such ...

  14. Oil Overcharge Refund Cases 2005 | Department of Energy

    Office of Environmental Management (EM)

    Oil Overcharge Refund Cases 2005 During the period 1973 through 1981, the Federal government imposed price and allocation controls of crude oil and refined petroleum products, such ...

  15. Oil Overcharge Refund Cases 2007 | Department of Energy

    Office of Environmental Management (EM)

    Oil Overcharge Refund Cases 2007 During the period 1973 through 1981, the Federal government imposed price and allocation controls of crude oil and refined petroleum products, such ...

  16. Oil Overcharge Refund Cases 2008 | Department of Energy

    Energy Saver

    Oil Overcharge Refund Cases 2008 During the period 1973 through 1981, the Federal government imposed price and allocation controls of crude oil and refined petroleum products, such ...

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