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Today in Energy

Dec 17, 2020

U.S. jet fuel consumption during the week of Thanksgiving was about half of last year’s

weekly U.S. product supplied of selected petroleum products
Source: U.S. Energy Information Administration, Weekly Petroleum Status Report

For the week of Thanksgiving 2020, estimated consumption of major transportation fuels (motor gasoline, distillate, and jet fuel) was 11% lower than during Thanksgiving week 2019. About half as much jet fuel was consumed during the week of Thanksgiving as last year, measured using product supplied as a proxy for consumption: 1.1 million barrels per day (b/d) in 2020 compared with 2.0 million b/d in 2019, according to estimates in the U.S. Energy Information Administration’s (EIA) Weekly Petroleum Status Report.

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Dec 16, 2020

U.S. liquefied natural gas exports set a record in November

monthly U.S. liquefied natural gas exports
Source: U.S. Energy Information Administration, Natural Gas Monthly, Short-Term Energy Outlook, and Liquefaction Capacity Table

During the summer of 2020, monthly exports of liquefied natural gas (LNG) from the United States were the lowest in 26 months but have since increased, and in November, estimated LNG exports surpassed the previous record set in January 2020. In the December 2020 Short-Term Energy Outlook, the U.S. Energy Information Administration (EIA) estimated that November U.S. LNG exports reached 9.4 billion cubic feet per day (Bcf/d), which was 93% of peak LNG export capacity utilization.

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Dec 15, 2020

Average monthly electricity bill for U.S. residential customers declined in 2019

average U.S. residential monthly electricity price, consumption, and bill
Source: U.S. Energy Information Administration, Annual Electric Power Industry Report

In 2019, the average monthly electricity bill for residential customers in the United States was 1.8% lower than it had been in 2018, down from $118 to $115 per month. Although the average U.S. residential electricity price rose from 12.87 cents per kilowatthour (kWh) in 2018 to 13.01 cents/kWh in 2019, less-than-average monthly electricity consumption per customer resulted in a lower average bill in 2019.

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Dec 14, 2020

Petroleum stocks at Northeast power plants have not changed much in recent years

northeast region power plant petroleum liquid inventories
Source: U.S. Energy Information Administration, Power Plant Operations Report

In much of the United States, power plants that burn petroleum liquids are generally operated for short periods during times of peak electricity demand, such as during brief periods of cold winter weather. These plants maintain petroleum inventories so that they are ready to dispatch electricity when it’s needed. Petroleum plays an important role in the Northeast (defined here as New York and New England) when electricity demand is high, particularly in the winter. According to data from the U.S. Energy Information Administration (EIA), power plants in the Northeast held petroleum inventories of approximately 6.7 million barrels as of the end of September 2020, close to the average of 7 million barrels during the previous five Septembers.

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Dec 11, 2020

In California, natural gas helps balance changes in electricity demand and solar output

California average hourly electricity generation in selected months
Source: U.S. Energy Information Administration, Hourly Electric Grid Monitor
Note: Data are for the California region, which includes electric power markets regulated by the California Independent System Operator (CAISO) and other balancing authorities operating largely in California.

In California wholesale electricity markets, natural gas-fired electricity generation helps to balance fluctuations in electricity demand with daily cycles in solar-powered electricity generation. Natural gas and solar are the two most prevalent sources of electricity generation in California; however, solar generation is non-dispatchable. Grid operators in the state use natural gas and, to a lesser extent, hydroelectricity and electricity imports from neighboring areas to balance changes in electricity demand.

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Dec 10, 2020

U.S. petroleum refining capacity falls to its lowest level since May 2016

monthly U.S. atmospheric crude oil distillation capacity
Source: U.S. Energy Information Administration, Petroleum Supply Monthly

As of September 1 (the latest data available), the United States had 18.4 million barrels per calendar day (b/cd) of petroleum refining capacity, also known as operable atmospheric crude oil distillation capacity. U.S. refining capacity had reached a record high of nearly 19.0 million b/cd earlier this year, but several refineries have closed since then, and capacity fell to the lowest level since May 2016.

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Dec 9, 2020

EIA expects U.S. energy-related carbon dioxide emissions to fall 11% in 2020

annual U.S. energy-related carbon dioxide emissions
Source: U.S. Energy Information Administration, Monthly Energy Review and Short-Term Energy Outlook (STEO)
Note: 2020 values are based on data through August and STEO forecasts for September through December.

In 2020, carbon dioxide (CO2) emissions from the U.S. energy sector could be 11% lower than in 2019, according to U.S. Energy Information Administration (EIA) data through August and EIA estimates for September through December. According to values published in EIA’s December Short-Term Energy Outlook (STEO), EIA expects CO2 emissions in 2020 to fall by 19% for coal, by 13% for petroleum, and by 2% for natural gas. Many of this year’s changes in energy-related CO2 emissions are attributable to the economic and behavioral effects the COVID-19 pandemic has had on energy consumption.

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Dec 8, 2020

Natural gas venting and flaring in North Dakota and Texas increased in 2019

annual U.S. natural gas gross withdrawals
Source: U.S. Energy Information Administration, Natural Gas Annual
Note: The Natural Gas Annual relies on vented and flared natural gas data reporting by the states, and some states do not collect or publish any data on vented and flared amounts.

The U.S. Energy Information Administration’s (EIA) 2020 Natural Gas Annual reports that the volume of U.S. natural gas that was vented and flared in 2019 was 1.48 billion cubic feet per day (Bcf/d), a record high annual average. The percentage of U.S. natural gas that was vented and flared in 2019 increased to 1.3% of gross withdrawals, the highest share recorded in EIA data. As crude oil production has outpaced the construction of necessary infrastructure to transport the natural gas extracted during oil production, or associated natural gas, it has been increasingly vented and flared.

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Dec 7, 2020

California was the largest net electricity importer of any state in 2019

state net electricity exports and imports
Source: U.S. Energy Information Administration, State Electricity Profiles

Electricity routinely flows between the Lower 48 states and, to a lesser extent, between the United States and Canada and Mexico. Electricity generation exceeds electricity consumption in 25 states, and excess electricity is transmitted across state lines—almost 10% of U.S. electricity generation is traded among states. In 2019, California’s net electricity imports were the largest in the country at 70.8 million megawatthours (MWh), or 25% of the state’s total electricity supply. Pennsylvania’s electricity exports were the largest of any state in 2019, at 70.5 million MWh, or 24% of total supply.

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Dec 4, 2020

Natural gas-fired generation has increased in most U.S. regions since 2015

monthly U.S. natural gas-fired electric generation by region
Source: U.S. Energy Information Administration, Power Plant Operations Report
Note: Central consists of the Electric Reliability Council of Texas (ERCOT), Southwest Power Pool (SPP), and Midcontinent Independent System Operator (MISO). South consists of Southeastern Electric Reliability Council (SERC) and Florida. Northeast consists of New York Independent System Operator (NYISO), Independent System Operator New England (ISO-NE), and PJM Interconnection (PJM). West consists of California, Northwest, and Southwest.

Natural gas-fired generation has generally increased in most U.S. regions since 2015, according to data from the U.S. Energy Information Administration’s (EIA) Power Plant Operations Report. Annual electricity generation from natural gas power plants in the United States increased by 31% in the Northeast region, by 20% in the Central region, and by 17% in the South region between 2015 and 2019. In the West region of the continental United States, electric power generation from natural gas power plants remained relatively flat during the same period.

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