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Posted December 10, 2012Today in Energy
Vacuum distillation is a key part of the refining process ›
About 80% of the refineries operating in the United States have a vacuum distillation unit (VDU), a secondary processing unit consisting of vacuum distillation columns. Vacuum distillation is a part of the refining process that helps to produce petroleum products out of the heavier oils left over from atmospheric distillation. More›
Source: Reproduced with permission from Valero Energy Corporation.
Features
Who are the major players supplying the world oil market? ›
The world oil market is complicated. Oil companies and governments each play a role.
What is shale gas and why is it important? ›
Shale gas refers to natural gas that is trapped within shale formations.
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Our Experts Speak
Administrator Sieminski presents Annual Energy Outlook 2013 Early Release Reference Case at Washington, DC press conference ›
December 5, 2012
Administrator Sieminski presents EIA's Winter Fuels Outlook at Energy Forum in New York City ›
November 29, 2012
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Data Highlights
Crude oil futures price
12/7/2012: $85.93/bbl
down$2.98 from week earlier
down$12.41 from year earlier
Natural gas futures price
12/7/2012: $3.551/mmBtu
down$0.010 from week earlier
up$0.094 from year earlier
Weekly coal production
12/1/2012: 20.283 million tons
up1.123 million tons from week earlier
down2.269 million tons from year earlier
Natural gas inventories
11/30/2012: 3,804 Bcf
down73 Bcf from week earlier
down33 Bcf from year earlier
Crude oil inventories
11/30/2012: 371.8 mmbbl
down2.4 mmbbl from week earlier
up35.7 mmbbl from year earlier
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