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Energy Tomorrow Blog

Market Demand for U.S. Energy

news  energy exports  crude oil  refineries  hydraulic fracturing  energy prices  natural gas development  arctic  safe operations  michigan 

Mark Green

Mark Green
Posted May 18, 2015

Wall Street Journal: BRUSSELS—The European Union is increasing pressure on Washington to include an energy chapter in a planned trans-Atlantic trade deal that would allow U.S. exports of natural gas and oil and reduce the bloc’s dependency on Russia.

In an interview with The Wall Street Journal, Maros Sefcovic, the EU’s energy chief, said that easing flows of liquefied natural gas and crude oil from the U.S. to the EU is one of the bloc’s goals for the trans-Atlantic trade and investment partnership, or TTIP, that is currently under negotiation. The U.S. has so far resisted an energy chapter in TTIP, but the shale-gas boom in the U.S. and the EU’s trouble with Russia have pushed the issue into focus.

“We believe that the energy chapter in TTIP…could make a quite important contribution to the mutually beneficial trade exchange, but also to the energy security of the EU,” Mr. Sefcovic said.

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Blogger Conference Call - Gas Prices

crude oil  crude oil prices  energy policy  energy prices  gas prices  gasoline  gasoline prices  prices 

Jane Van Ryan

Jane Van Ryan
Posted March 17, 2011

API recently hosted a conference call for bloggers about gas prices. John Felmy, API's chief economist, took questions from the bloggers and discussed the many factors that can influence gasoline prices. 

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The Administration's Counterproductive Tax Proposal

domestic energy  energy policy  energy prices  taxes 

Jane Van Ryan

Jane Van Ryan
Posted February 23, 2011

With global unrest and demand putting upward pressure on global oil prices, one has to wonder about the wisdom of the administration's proposal to cut incentives that encourage the production of domestic oil and natural gas. If the president's proposed budget is approved, taxes would be raised on oil and natural gas companies, which could have the effect of reducing capital for energy investments. 

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Taxes at the Pump

crude oil  diesel fuel  energy prices  gas prices  gasoline  prices  taxes  excite taxes  gasoline taxes 

Jane Van Ryan

Jane Van Ryan
Posted January 14, 2011

The nationwide average price of gasoline remained steady at $3.095 a gallon yesterday, according to AAA. As we've reported here many times, the cost of crude oil is the largest factor in the price of gasoline, but excise taxes also account for a large percentage of the pump price.

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The Latest on Prices

crude oil  energy  energy information administration  energy policy  energy prices  gasoline prices  gulf of mexico  gulf oil spill  presidential spill commission  prices  demand 

Jane Van Ryan

Jane Van Ryan
Posted January 12, 2011

Oil prices on the global marketplace rose by $1.86 cents a barrel, or more than 2 percent, yesterday after the presidential oil spill commission recommended more government action to improve safety in the Gulf of Mexico. According to published reports, the commission's conclusions raised fears that the government might slow oil production from its already depressed levels. 

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EIA: U.S. Fuel Price Predictions

crude oil  energy information administration  energy prices  fuel prices  gas prices  gasoline prices  heating oil  oil prices  opec  prices  heating fuels 

Jane Van Ryan

Jane Van Ryan
Posted December 7, 2010

Energy prices are on the minds of many Americans today. As we've reported, gasoline prices have increased recently, and now an Arctic air mass is bringing unusually cold temperature to the East Coast, from Maine to Florida, increasing the demand for heating fuels. If you're wondering how the weather and other factors might influence the price of fuels in the next few weeks, here's some information that might be helpful. 

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Crude Oil Prices at Two-Year High

crude oil  energy demand  energy prices  gas prices  gasoline prices  oil demand  oil prices  prices 

Jane Van Ryan

Jane Van Ryan
Posted December 6, 2010

Crude oil prices reached a two-year high on Friday. At the end of the trading day, it closed at $89.19 per barrel, up nearly 21 cents a gallon since November 17. 

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What You Pay for at the Pump

crude oil  distribution  energy policy  energy prices  excise taxes  gas prices  gasoline  gasoline prices  oil and natural gas  taxes 

Jane Van Ryan

Jane Van Ryan
Posted November 30, 2010

If you drove during the Thanksgiving Day holiday, you probably noticed that the price of gasoline has increased. Since September, gas prices have climbed several cents per gallon.

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