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Petroleum

In September 2019, the United States exported 89,000 barrels per day (b/d) more petroleum (crude oil and petroleum products) than it imported, the first month this has happened since monthly records began in 1973. Read more

Commodities

U.S. petroleum and natural gas production increased by 16% and by 12%, respectively, in 2018, and these totals combined established a new production record. Read more

Natural Gas/LNG

Canada is the largest energy trading partner with the United States based on the combined value of energy exports and imports. Read more

Commodities

In June 2016, the Panama Canal Authority, the body that operates the Panama Canal, opened a third set of locks that facilitated transit of larger ships, the first such expansion since the canal was completed in 1914. Read more

Offshore & Marine

Energy trade accounted for 12% of the value for all U.S. exports to Mexico and 5% of all U.S. imports from Mexico in 2018. Read more

Refining & Petrochemical Processing

Crude oil prices in the Permian region have increased since the beginning of the year as two recent pipeline capacity additions reduced some of the takeaway constraints that developed in the middle of 2018. Read more

Pipeline/Transportation

Petroleum refineries in the U.S. Gulf Coast increasingly rely on merchant suppliers, rather than their own production, to provide the hydrogen used to reduce the sulfur content of fuel. Read more

Refining & Petrochemical Processing

The 2018 increase is the largest in energy-related CO2 emissions since 2010. Read more

Health, Safety & Environmental

In the January 2019 update of its Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) includes the effects that upcoming changes to marine fuel sulfur specifications will have on crude oil and petroleum product markets. Read more

Offshore & Marine

Power generation in New England and New York is largely dependent on natural gas, which accounts for more than half of the region’s electricity generating capacity. Read more

Natural Gas/LNG

The January 2019 Short-Term Energy Outlook (STEO), released at noon today, for the first time includes analysis of the effect that upcoming changes to marine fuel sulfur specifications will have on crude oil and petroleum product markets. Read more

Offshore & Marine

International regulations limiting sulfur in fuels for ocean-going vessels, set to take effect in January 2020, have implications for vessel operators, refiners, and global oil markets. Read more

Offshore & Marine

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