The US Energy Information Agency (EIA) forecasts that a few recent trends in US biofuels markets will continue through 2020. In its Short-Term Energy Outlook
Tag: EIA
China Finds New Oil in the North, Yet Still Lagging Far Behind US Shale Revolution
China has found major shale oil reserves in the north-western part of the country in the Tianjin municipality. The field is home to two wells
2018 Market Update: United States Rises to World’s No. 1 Oil Producer
The United States is producing oil at record levels – 10.88 million barrels per day – and the country will end this year as the
New Brunswick to Assess Remnant Potash Resources
The New Brunswick government said last week that it would hire a third-party consultant to evaluate the remaining potash resource in the province’s Penobsquis potash
US Admits Oil Output Will Go Down Next Year
The US government’s energy unit confirmed that the country’s oil production will plummet more than expected in 2016 after an unexpectedly strong performance this year.
U.S.-Mexico Crude Swaps Believed to Boost Economy and Environmental Protection
U.S.-Mexico crude oil exchanges that were approved in August by the U.S. Department of Commerce’s Bureau of Industry and Security will probably involve swaps of
U.S. Crude Production Set to Fall Next Year
U.S. oil output is expected to fall by almost 1 million barrels next year down from this year’s heights. American crude production hit its peak
U.S. Jacks Up its 2015 Oil Forecast
The U.S. government earlier this week (9 September) boosted its forecast for the next year’s oil production by a quarter of million barrels (bpd) per