Skip to main content

Energy Tomorrow Blog

Higher Oil Demand Signals Economic Recovery

crude oil  diesel  distribution  domestic energy  fuel  gasoline  oil demand  refineries  ulsd  diesel vehicles  fuel demand  ultra-low sulfer diesel 

Jane Van Ryan

Jane Van Ryan
Posted December 17, 2010

"Stronger fuel demand tells us a recovery is underway." Those are the words of API's Chief Economist John Felmy today, describing the good news in API's Monthly Statistical Report for November. The report shows that U.S. petroleum deliveries (a measure of demand) climbed 6.5 percent last month over November 2009. The increase was the largest year-to-year increase for any month in 2010. 

More »

More Drilling Delays Announced

access  deepwater drilling  domestic energy  energy demand  energy policy  government  interior department  offshore drilling  offshore drilling ban  offshore drilling moratorium  deepwater wells  environmental review 

Jane Van Ryan

Jane Van Ryan
Posted December 9, 2010

The administration is erecting more roadblocks to offshore drilling. According to published reports, the government will require an environmental assessment for each and every deepwater well. It also plans to extend the government's timeframe for exploration plan review from 30 to 90 days. 

More »

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. 

More »

Embracing All Forms of Energy

demand  domestic energy  eia  energy consumption  energy demand  energy information administration  energy policy  energy reality  oil consumption  rhetoric vs reality  natural gas consumption  world energy demand 

Jane Van Ryan

Jane Van Ryan
Posted November 29, 2010

Before anyone--including each U.S. lawmaker--engages in a meaningful discussion about energy policy, it's important to understand the facts. Although this might seem to be an obvious point, it's one that shouldn't be overlooked especially during this fall's lame duck congressional session. 

More »

Pump Price Update

crude oil  crude oil demand  crude oil prices  economic growth  eia  energy information administration  energy prices  gasoline  gasoline prices  global demand  iea  international energy agency  oil demand  oil prices  prices 

Jane Van Ryan

Jane Van Ryan
Posted November 3, 2010

Are you planning a trip during the upcoming Thanksgiving Day holiday? For those of us in the Washington, D.C. area, the Wednesday before Thanksgiving is the single busiest day on surrounding highways during the entire year. 

More »

Drilling Completions Up in Third Quarter

bakken formation  deepwater drilling moratorium  domestic energy  eia  energy  energy demand  energy information administration  energy supply  gulf of mexico  horizontal drilling  natural gas wells  oil and natural gas drilling  oil drilling  oil wells 

Jane Van Ryan

Jane Van Ryan
Posted October 28, 2010

U.S. oil and natural gas drilling increased markedly in the third quarter this year, according to API's 2010 Quarterly Well Completion Report: Third Quarter. An estimated 11,297 oil wells, natural gas wells and dry holes were completed, which was 45 percent higher than during the same period in 2009. 

More »

Diesel Fuel Demand Up

crude oil  diesel  diesel fuel  economic recovery  gasoline  oil demand  consumer confidence  crude oil supplies  jet fuel 

Jane Van Ryan

Jane Van Ryan
Posted October 15, 2010

API Chief Economist John Felmy told reporters this morning that there is glimmer of hope that the economy might be improving. API's Monthly Statistical Report for September shows that U.S. demand for oil products grew last month, foreshadowing a shift from economic stagnation to recovery. 

More »

The Peak Oil Dilemma

deepwater drilling moratorium  deepwater moratorium  department of defense  department of defense  domestic energy  energy  energy demand  energy policy  energy taxes  moratorium  oil and natural gas  oil demand  oil prices  oil supplies  peak oil  shallow-water drilling  oil supply 

Jane Van Ryan

Jane Van Ryan
Posted October 8, 2010

Few issues are as complicated and perplexing as Peak Oil. The study of this concept crosses into several disciplines--geology, sociology, engineering, and physics to name a few--and each is able to address only a part of the global dilemma that could be caused by rapidly dwindling oil supplies. 

More »

Fire Doesn't Support Calls for the Moratorium

deepwater horizon  demand  domestic energy  domestic production  energy policy  gulf  moratorium  spill response  offshore platform 

Jane Van Ryan

Jane Van Ryan
Posted September 3, 2010

A fire on an offshore platform in the Gulf of Mexico created a media furor yesterday. Several of the initial news reports contained inaccuracies that tended to exacerbate America's heightened awareness of--and sensitivity to--offshore drilling. The reaction was predictable: Politicians demanded answers, and environmental groups called on the government to keep the drilling moratorium in effect.

More »

Weak Economy, Weak Gasoline Demand

crude  demand  domestic energy  fuel  prices  domestic petroleum deliveries  gasoline demand  imports 

Jane Van Ryan

Jane Van Ryan
Posted August 20, 2010

The faltering economy appears to be a primary reason for a slight drop in U.S. gasoline demand. According to API's Monthly Statistical Report issued this morning, U.S. gasoline deliveries (a measure of demand) fell by 0.03 percent in July as compared to the same period a year ago. Except for 2008, it was the lowest July gasoline demand figure since 2003.

More »