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Gas War: Biden Administration Releasing One Million Barrels of Gasoline from Northeast Reserves

The Truth About Cars

Gasoline will be moved around 100,000-barrel batches and has been “timed and structured to maximize its impact on gasoline prices, helping to lower prices at the pump as Americans hit the road this summer.” “The The oil and gas sector has enjoyed blockbuster profits in recent years. Central Time on May 28, 2024.

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MIT/UC Davis professors challenge claims that ethanol production decreased gasoline prices in 2010 and 2011

Green Car Congress

Knittel/Smith results for implied gasoline price effects from elimination of ethanol for 2010 using Du/Hayes model and pooled-sample estimates. in 2010 and 2011, respectively. in 2010 and 2011, respectively. We encourage similar skepticism about the estimated effect of ethanol on gasoline prices generated from these models.

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EIA: natural gas-fired reciprocating engines are being deployed more to balance renewables

Green Car Congress

Other includes landfill gas, biomass, and other gas. Reciprocating engines tend to be smaller than other types of natural gas-fired electricity generators and account for a relatively small share of power plants fueled by natural gas. MW natural gas-fired engines for a total plant capacity of 225 MW.

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EIA: Price ratio of crude oil to natural gas continues to increase

Green Car Congress

The ratio between the spot prices of crude oil and natural gas has been generally increasing since January 2009, but it has climbed rapidly in recent months, according to data from the US Energy Information Administration (EIA). The crude oil-to-natural gas spot price ratio has implications for production and consumption.

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EIA: natural gas use for power falls as industrial use continues to rise; higher prices, cooler summer

Green Car Congress

For the first eleven months of 2013, natural gas consumption in the electric power sector was below 2012 levels because of relatively higher natural gas prices compared with coal prices, and cooler summer weather compared with 2012, according to the US Energy Information Administration (EIA).

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Record $86B in 2011 US oil and gas upstream deals, led by unconventional sector with $62B

Green Car Congress

United States M&A activity for upstream oil and gas deals set records in 2011 for both deal values and deal counts, according to PLS, Inc., a provider of information, marketing and advisory services for the oil and gas industry. Values of US upstream M&A oil and gas M&A deals, 2006-2011. billion in 2011.

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EIA Energy Outlook 2011 more than doubles estimates of US shale gas resources; higher production at lower prices

Green Car Congress

Shale gas offsets declines in other US supply to meet. The Annual Energy Outlook 2011 (AEO2011) Reference case released yesterday by the US Energy Information Administration (EIA) more than doubles the technically recoverable US shale gas resources assumed in AEO2010 and added new shale oil resources. Source: EIA.

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