MARKET INTELLIGENCE & INDUSTRY NEWS

U.S. natural gas production hit a new record high in 2018

U.S. natural gas production grew by 10.0 billion cubic feet per day (Bcf/d) in 2018, an 11% increase from 2017. The growth was the...

U.S. crude oil exports increased and reached more destinations in 2017

U.S. crude oil exports grew to an average of 1.1 million barrels per day (b/d) in 2017, the second full year since restrictions on crude...

Natural gas prices in 2016 were the lowest in nearly 20 years

Natural gas spot prices in 2016 averaged $2.49 per million British thermal units (MMBtu) at the national benchmark Henry Hub, the lowest...

U.S. crude oil imports increase during first half of 2016, the first increase since 2010

U.S. gross crude oil imports increased by 528,000 barrels per day (b/d), or 7%, during the first half of 2016 compared to the first half...

United States exports distillate from the Gulf Coast while importing it on the East Coast

U.S. distillate exports increased 85,000 barrels per day (b/d) in 2015, reaching nearly 1.2 million b/d. Distillate exports in the first...