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EIA: US LNG exports grew to record highs in the first half of 2021

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US LNG exports increased in the first half of this year as international natural gas and LNG spot prices increased in Asia and Europe due to cold weather. The high prices prompted a higher demand for more flexible LNG supplies, particularly from the United States, according to the EIA.

Trinidad 418
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EIA: New refineries will increase global refining capacity in 2022 and 2023; China leads

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The International Energy Agency (IEA) estimates that global refining capacity decreased by 730,000 barrels per day (b/d) in 2021—the first decline in global refining capacity in 30 years. In the United States, refining capacity has decreased by about 1.1

Global 448
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Study finds rapid health benefits following air pollution reduction

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The study by the Environmental Committee of the Forum of International Respiratory Societies (FIRS) reviewed interventions that have reduced air pollution at its source. In the United States, a 13-month closure of a steel mill in Utah resulted in reducing hospitalizations for pneumonia, pleurisy, bronchitis and asthma by half.

Pollution 186
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IEA: non-OPEC oil supply tops 43 mb/d for first time in decades; global demand to reach 92.4 mb/d in 2014

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The International Energy Agency’s (IEA’s) Oil Market Report (OMR) for December raised the estimate of global oil demand for 2013 by 130,000 barrels per day (130 kb/d) to 91.2 Renewed disruptions in Libya and smaller drops in Nigeria, Kuwait, the United Arab Emirates and Venezuela more than offset higher output in Iran, Iraq and Angola.

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UNICEF: 300M children worldwide breathing air exceeding WHO pollution guidelines by 6x or more

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Almost one in seven of the world’s children, 300 million, live in areas with the most toxic levels of outdoor air pollution—six or more times higher than international guidelines set by the UN’s World Health Organization (WHO)— according to a new UNICEF report. The imperative for green investments could not be stronger.

Pollution 150
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RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

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Considering that the United States produces over 8 million barrels of oil per day domestically and imports an additional 3 million bpd from secure supplies in Canada and Mexico, we can find no credible scenario in which the military would be unable to access the 340,000 bpd of fuel it needs to defend the nation. Additionally, U.S.

Price 225
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The Technical Failure That Could Clear The Oil Glut In A Matter Of Weeks

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If Saudi Aramco or QP are already experiencing production threats, the situation in other production regions, such as Nigeria, Libya or Mexico, could be even more dire. With increased demand for crude oil and petroleum products still shown in all international assessments, the market will need to react.

Oil 186