API | Blog

America’s Shale Boom Offers Big Consumer Benefits

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Mary Schaper
Posted January 6, 2015

Cleveland.com: Cold January weather has arrived, but rates for natural gas have fallen. Both Dominion East Ohio and Columbia Gas of Ohio are posting standard rates that are lower than those in December and lower than year-ago January prices. These standard rates change monthly because they are linked to the monthly gas commodity contracts traded on the New York Mercantile Exchange.

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Shale Energy Benefits and the Winter Outlook for Consumers

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Mary Schaper
Posted November 25, 2013

Interesting developments along the winter energy front from API Chief Economist John Felmy in a recent briefing for reporters.

First, though gasoline prices recently have been pushed higher by increases in world crude oil prices and higher U.S. demand, the U.S. Energy Information Administration (EIA) projects that gasoline and diesel prices will hold steady through at least the first half of 2014, Felmy said.

Second, while annual heating costs for natural gas users in 2014 are estimated by EIA to be $665, which is slightly higher than last year, they’re still likely to be 19 percent lower than they were in the winter of 2008-2009. EIA also estimates that annual costs for families who use heating oil in their homes will be 4 percent lower this year than last.

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Getting to 92 Percent

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Mark Green
Posted June 17, 2011

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EIA: U.S. Fuel Price Predictions

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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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Changes In Store for Heating Oil

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Jane Van Ryan
Posted September 27, 2010

Changes are planned for heating oil in the Northeast. In the region of the country where the preponderance of heating oil customers are located, several states are reducing the amount of sulfur allowed in the fuel.

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