This Week at EIA - 05/24/2012
REGULARLY SCHEDULED WEEKLY RELEASES:
Gasoline and Diesel Fuel Update (5/21/2012)
Presents average weekly retail on-highway diesel fuel prices for the U.S., 8 regions, and the State of California and average weekly retail gasoline prices at the national and regional levels, and for selected cities and States.
The Coal News and Markets Report for week ended 5/18/2012 (5/21/2012)
Contains information for the week and spot prices:
This Week in Petroleum (5/23/2012)
Provides analysis, data, and charts of the latest weekly petroleum supply and price data.
Weekly Petroleum Status Report, Data for Week Ending 5/18/2012 (5/23/2012)
Contains timely information on supply and selected prices of crude oil and principal petroleum products in the context of historical data and forecasts.
Weekly Natural Gas Storage Report (5/24/2012)
Contains weekly estimates of natural gas in underground storage for the United States and three regions of the United States.
Natural Gas Weekly Update (5/24/2012)
Contains weekly updates of natural gas market prices, latest storage level estimates, recent lower 48 NOAA weather data, and other market activity or events.
Coal Production for Week Ended 5/19/2012 (5/24/2012)
Contains an overview of U.S. weekly coal production.
OTHER RELEASES THIS WEEK:
OPEC spare capacity in the first quarter of 2012 at lowest level since 2008 (05/24/2012)
EIA estimates that global spare crude oil production capacity averaged about 2.4 million barrels per day (bbl/d) during the first quarter of 2012, down about 1.3 million bbl/d from the same period in 2011. Spare capacity can serve as a buffer against oil market disruptions, and it gives the Organization of the Petroleum Exporting Countries (OPEC) additional political and economic influence in world markets.
Horizontal drilling boosts Pennsylvania’s natural gas production (05/23/2012)
Between 2009 and 2011, Pennsylvania's natural gas production more than quadrupled due to expanded horizontal drilling programs combined with hydraulic fracturing. The animation in this article highlights trends in Pennsylvania's natural gas drilling activity from January 2005 through April 2012.
Electricity storage can smooth out moment-to-moment variations in electricity demand (05/22/2012)
Electricity storage technologies that operate on short timescales (seconds, minutes, hours) can be used to keep a more precise balance between electric supply and demand. These power quality management technologies can fill the gaps between actual electric demand and an average, smooth demand curve that is easier for typical supply sources to follow. However, a potential barrier to adopting these technologies is finding a way to get paid for the service they provide.
Electricity storage can take advantage of daily price variations (05/21/2012)
Electricity storage technologies that can operate on timescales such as hours or days are often deployed at specific times of day to take advantage of variations in the price of electricity. Storage operators can buy electricity when prices are lower (overnight or on weekends), store it, and then discharge or deliver it later, selling the stored electricity when prices are higher.
Prime Supplier Report (05/21/2012)
The latest Prime Supplier Report presents data collected through March 2012 on Form EIA—782C, "Monthly Report of Prime Supplier Sales of Petroleum Products Sold for Local Consumption." These data measure primary petroleum product deliveries into the States where they are locally marketed and consumed.
What are the major sources and users of energy in the United States? (05/18/2012)
The major energy sources in the United States are petroleum (oil), natural gas, coal, nuclear, and renewable energy. The major users are residential and commercial buildings, industry, transportation, and electric power generators. The pattern of fuel use varies widely by sector. For example, oil provides 93% of the energy used for transportation, but only about 1% of the energy used to generate electric power.
Warm weather and low natural gas prices dampen spot electricity prices this winter (05/18/2012)
The combination of one of the warmest winters in decades (November-March) and low spot natural gas prices contributed to low wholesale electric prices at major market locations during the winter of 2011/12.
How much of our electricity is generated from renewable energy? (05/18/2012)
U.S. power plants used renewable energy sources — water (hydroelectric), wood, wind, organic waste, geothermal, and sun — to generate about 13% of our electricity in 2011.
Global generation capacity for nuclear power has grown to over 346 gigawatts since 1955 (05/17/2012)
Nuclear generating capacity additions began in the 1950s and now top 346 gigawatts worldwide. The first nuclear reactor to produce electricity was a very small U.S. experimental reactor in 1951. Currently, 30 countries have nuclear power programs.
Wholesale Market Data (05/17/2012)
Spreadsheets contain peak prices, volumes, and the number of transactions at ten electricity trading hubs covering most regions of the United States. Data from ICE (IntercontinentalExchange) through May 11, 2012.
Posted: May 24, 2012