All publications by tag «USA»
2020, January, 29, 13:25:00
U.S. DEBT WILL RISE TO 98%
The U.S. government will spend $1 trillion more than it collects in 2020 and deficits will reach or exceed that threshold every year for the foreseeable future. As a share of gross domestic product, the deficit will be at least 4.3% every year through 2030.
2020, January, 29, 13:00:00
U.S. RENEWABLES CONSUMPTION 12%
U.S. renewable energy consumption totaled 924 trillion British thermal units (Btu), which accounted for 12% of U.S. total primary energy consumption.
2020, January, 27, 14:55:00
U.S., DUBAI, HONG CONG, CHINA SANCTIONS
The US State Department on Thursday set sanctions against companies in Dubai, Hong Kong, and Shanghai,
2020, January, 27, 14:50:00
U.S. TIGHT OIL PRODUCTION UP
U.S. oil production from tight formations increased in 2019, accounting for 64% of total U.S. crude oil production.
2020, January, 27, 14:45:00
U.S. RENEWABLES: 18%
Renewables only accounted for 18.2% of total energy generated by November 2019, while coal alone produced 23.4% of the country’s electricity.
2020, January, 27, 14:10:00
U.S. RIGS DOWN 2 TO 794
U.S. Rig Count is down 2 rigs from last week to 794, Canada Rig Count is unchanged from last week at 244
2020, January, 24, 13:35:00
U.S. OIL EXPORTS 9 MBD
U.S. petroleum exports hit a new all-time high of 9.0 million barrels per day (mb/d) in the final month of 2019
2020, January, 24, 13:25:00
U.S. OIL PRODUCTION SLOWING
U.S. crude oil production will average 13.3 million barrels per day (b/d) in 2020, a 9% increase from 2019 production levels, and 13.7 million b/d in 2021, a 3% increase from 2020.
2020, January, 24, 13:20:00
U.S. GAS EXPORTS UP TWICE
The U.S. Energy Information Administration (EIA) forecasts that U.S. natural gas exports will exceed natural gas imports by an average 7.3 billion cubic feet per day (Bcf/d) in 2020 (2.0 Bcf/d higher than in 2019) and 8.9 Bcf/d in 2021. Growth in U.S. net exports is led primarily by increases in liquefied natural gas (LNG) exports and pipeline exports to Mexico. Net natural gas exports more than doubled in 2019, compared with 2018, and EIA expects that they will almost double again by 2021 from 2019 levels.
2020, January, 22, 12:50:00
U.S. PRODUCTION: OIL + 22 TBD, GAS + 65 MCFD
Crude oil production from the major US onshore regions is forecast to increase 22,000 b/d month-over-month in January from 9,178 to 9,200 thousand barrels/day, gas production to increase 65 million cubic feet/day from 85,920 to 85,985 million cubic feet/day .