eia petroleum liquids


The US Energy Information Administration’s (EIA) July Short-Term Energy Outlook (STEO) forecasts that US consumption of total petroleum and other liquid fuels will continue increasing in the second half of 2020 as economic activity increases, but levels will remain lower than the 2019 average until August 2021. EIA forecasts the supply of non-OPEC petroleum and other liquid fuels will decline by 2.4 million b/d in 2020 compared with 2019. In EIA’s May Short-Term Energy Outlook (STEO), U.S. petroleum and other liquid fuels production is expected to increase, reaching 17.6 MMbpd in … The pipelines included in the database carry crude oil, hydrocarbon gas liquids (HGL), and petroleum products. Energy Information Administration - EIA - Official Energy Statistics from the U.S. Government Oman’s petroleum and other liquids production reached record levels in 2016 - Today in Energy - U.S. Energy Information Administration (EIA) The US Energy Information Administration’s (EIA) latest Short-Term Energy Outlook (STEO) forecasts that in 2021, US consumption (as measured by product supplied) of total petroleum and other liquid fuels will average 20.71 million bpd, surpassing the 2007 pre-recession level. The EIA forecast that global consumption of petroleum and liquid fuels will average 97.5 million bpd for all of 2021, which is up by 5.3 million bpd from 2020. That status changed in 2020. The combination of rapidly declining crude oil prices in March 2020 and relatively flat (and historically low) natural gas prices compressed hydrocarbon gas liquids (HGL) spot prices into a narrow price band from mid-March through the end of April 2020. 1/15/13 Petroleum & Other Liquids - U.S. Energy Information Administration (EIA) From that point, EIA expects a gradual increase in OPEC crude oil production through the remainder of the forecast and for production to rise to an average of 28.5 million b/d during the second half of 2021. EIA estimated 92.2 million b/d of petroleum and other liquid fuels were consumed globally in 2020, a 9% drop from the previous year and the largest decline in EIA data that dates to 1980. EIA expects production of non-OPEC petroleum and other liquid fuels to increase by 1.2 million b/d in 2021. On the comsumption side, EIA forecasts that global consumption of petroleum and liquid fuels will average 97.5 million b/d for all of 2021 (-60k bpd), which is up by 5.3 million b/d from 2020. In December, the US Energy Information Administration (EIA) updated its Liquids Pipeline Projects Database of more than 240 future and historical liquids pipeline projects in the United States since 2010. Throughout much of its history, the US has imported more petroleum (which includes crude oil, refined petroleum products, and other liquids) than it has exported. The pipelines included in the database carry crude oil, hydrocarbon gas liquids (HGL), and petroleum products. The U.S. Energy Information Administration (EIA) estimates that the world consumed 92.2 million barrels per day (b/d) of petroleum and other liquid fuels in 2020, a 9% decline from the previous year and the largest decline in EIA’s series that dates back to 1980. EIA expects U.S. petroleum and other liquid fuel consumption to rise 1.45 million bpd to 19.51 million bpd in 2021, a smaller increase than its previous forecast of a rise of 1.63 million bpd. EIA’s Short-Term Energy Outlook, which publishes the monthly outlook for all production in the region, reflects this seasonality. EIA forecasts that global consumption of petroleum and liquid fuels will average 97.5 million b/d for all of 2021, which is up by 5.3 million b/d from 2020. More petroleum (including crude oil and refined products) was exported from the United States in 2020 than was imported. These pipelines carry crude oil, hydrocarbon gas liquids (HGLs), and petroleum products (gasoline, diesel, jet fuel, and other refinery products). On an annual average basis, U.S. net petroleum product exports—distillate fuel oil, hydrocarbon gas liquids, and motor gasoline, among others—averaged 3.2 million b/d in 2019 and 3.4 million b/d in 2020. Responses to the coronavirus pandemic (COVID-19) caused global demand for petroleum products to fall significantly in 2020. EIA expects that global consumption of petroleum and liquid fuels will rise by 5.4 million b/d in 2021, which is 200,000 b/d less than forecast in January’s STEO. The US Energy Information Administration (EIA) recently improved multiple data series for hydrocarbon gas liquids (HGLs) in its Monthly Energy Review. Brazil produced 3.36 million barrels per day (bpd) of petroleum and other liquids in 2017, of which nearly 20% were biofuels (0.56 million bpd). Energy Information Administration - EIA - Official Energy Statistics from the U.S. Government As a result of the extension of OPEC+ production cuts, EIA expects draws on global petroleum and other liquids inventories of 1.8 million b/d and … Responses to the coronavirus disease (COVID-19) caused global demand for petroleum products to fall significantly in 2020. The database lists projects by categories, including new pipelines, expansions, and conversions from infrastructure that previously transported other liquids or natural gas. exports … EIA forecasts that total US petroleum and other liquid fuels consumption will average 20.6 million b/d in 2020, an increase of 160,000 b/d (0.8%) from the 2019 level. In 2020, according to the U.S. Energy Information Administration’s (EIA) Petroleum Supply Monthly, U.S. exports of propane reached record levels, increasing 13% and surpassing distillate fuel oil as the country’s top petroleum product export.U.S. The US Energy Information Administration (EIA) has revised the first-quarter price forecast for West Texas Intermediate (WTI) crude, the North American oil benchmark, higher to $56 from $50.. The U.S. Energy Information Administration (EIA) ... Hydrocarbon gas liquids include nine petroleum products: alkanes (ethane, propane, normal butane, isobutane, and natural gasoline (formerly known as pentanes plus)) and olefins (ethylene, propylene, butylene, and isobutylene). The US Energy Information Administration (EIA) has launched a new liquids pipeline projects database that tracks more than 200 crude oil, hydrocarbon gas liquids (HGL), and petroleum … In December, the U.S. Energy Information Administration (EIA) updated its Liquids Pipeline Projects Database of more than 240 future and historical liquids pipeline projects in the United States since 2010. EIA's latest Short-Term Energy Outlook for crude oil and liquid fuels › Source: U.S. Energy Information Administration, Short-Term Energy Outlook, released monthly. These pipelines carry crude oil, hydrocarbon gas liquids (HGLs), and petroleum products (gasoline, diesel, jet fuel, and other refinery products). The updated data series reflect changes in how EIA defines liquefied petroleum gases to better align with industry practice. U.S. net imports (gross imports minus gross exports) of petroleum declined from 670,000 barrels per day (b/d) in 2019 to an estimated -700,000 b/d in 2020.