Posts by Philip Peters
Circle of Blue reports on the spillover effects of drought in the American West
On a map, the watersheds of the American West are distinct geographical features, framed by imposing plateaus and towering mountain ridges. A closer look shows those natural boundaries are less distinct. A sprawling network of pipelines and canals pierce mountains and cross deserts, linking many of the mighty rivers and smaller streams of the West.…
Read MoreSummary of Weekly Petroleum Data for the week ending June 3, 2022
U.S. crude oil refinery inputs averaged 16.4 million barrels per day during the week ending June 3, 2022 which was 355,000 barrels per day more than the previous week’s average. Refineries operated at 94.2% of their operable capacity last week. Gasoline production increased last week, averaging 10.0 million barrels per day. Distillate fuel production…
Read MoreWeekly Natural Gas Storage Report
Summary Working gas in storage was 1,999 Bcf as of Friday, June 3, 2022, according to EIA estimates. This represents a net increase of 97 Bcf from the previous week. Stocks were 398 Bcf less than last year at this time and 340 Bcf below the five-year average of 2,339 Bcf. At 1,999 Bcf, total…
Read MoreSummary of Weekly Petroleum Data for the week ending May 13, 2022
U.S. crude oil refinery inputs averaged 15.9 million barrels per day during the week ending May 13, 2022 which was 239,000 barrels per day more than the previous week’s average. Refineries operated at 91.8% of their operable capacity last week. Gasoline production decreased last week, averaging 9.6 million barrels per day. Distillate fuel…
Read MoreWeekly Natural Gas Storage Report
Summary Working gas in storage was 1,643 Bcf as of Friday, May 6, 2022, according to EIA estimates. This represents a net increase of 76 Bcf from the previous week. Stocks were 376 Bcf less than last year at this time and 312 Bcf below the five-year average of 1,955 Bcf. At 1,643 Bcf, total…
Read MoreSummary of Weekly Petroleum Data for the week ending May 6, 2022
U.S. crude oil refinery inputs averaged 15.7 million barrels per day during the week ending May 6, 2022 which was 230,000 barrels per day more than the previous week’s average. Refineries operated at 90.0% of their operable capacity last week. Gasoline production increased last week, averaging 9.7 million barrels per day. Distillate fuel…
Read MoreElectric grid operators warn of potential summer blackouts
https://www.foxbusiness.com/energy/electric-grid-operators-warn-of-potential-summer-blackouts
Read MoreU.S. takes unprecedented steps to replenish Colorado River’s Lake Powell
https://www.nbcnews.com/science/environment/us-takes-unprecedented-steps-replenish-colorado-rivers-lake-powell-rcna27335
Read MoreSummary of Weekly Petroleum Data for the week ending April 29, 2022
U.S. crude oil refinery inputs averaged 15.5 million barrels per day during the week ending April 29, 2022 which was 218,000 barrels per day less than the previous week’s average. Refineries operated at 88.4% of their operable capacity last week. Gasoline production increased last week, averaging 9.7 million barrels per day. Distillate fuel production…
Read MoreWeekly Natural Gas Storage Report
Summary Working gas in storage was 1,567 Bcf as of Friday, April 29, 2022, according to EIA estimates. This represents a net increase of 77 Bcf from the previous week. Stocks were 382 Bcf less than last year at this time and 306 Bcf below the five-year average of 1,873 Bcf. At 1,567 Bcf, total…
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