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EIA forecasts US fossil fuel production to reach new highs in 2023

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After declining in 2020, the combined production of US fossil fuels (including natural gas, crude oil, and coal) increased by 2% in 2021 to 77.14 Of the total US fossil fuel production in 2021, dry natural gas accounted for 46%, the largest share. In 2020, US coal production had fallen to its lowest level since 1964.

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NYK to introduce WinGD variable compression ratio systems on two LNG-fueled coal carriers

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NYK will install a variable compression ratio system (VCR system) on two large LNG-fueled coal carriers to be built at Oshima Shipbuilding Co., This will be the first time for VCR systems to be installed on vessels, including existing vessels that use heavy fuel oil as their main fuel. Source: WinGD.

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SAF company DG Fuels closes investments with two Japanese companies

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DG Fuels, LLC (DGF), a developer of sustainable aviation fuel (SAF) facilities ( earlier post ), announced the successful closing of investment transactions with two Japanese companies. The basis of DGF’s integrated fuel and energy technology is the proven Fischer-Tropsch process, in use for more than 60 years.

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Truck Manufacturers A More Carbon Intensive Investment Than Oil, Steel Or Cars — Study

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The only sector T&E could find with an average carbon intensity higher than truckmakers is coal mining European truckmakers’ emissions are 50% higher than what. continued] The post Truck Manufacturers A More Carbon Intensive Investment Than Oil, Steel Or Cars — Study appeared first on CleanTechnica.

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EIA expects continued high prices for diesel and home heating oils

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The US Energy Information Administration (EIA) expects that low inventories of distillate fuels, which are primarily consumed as diesel fuel and heating oil, will lead to high prices through early 2023. US distillate fuel inventories average 17% below the five-year average in the forecast for 2023.

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EIA expects increased US crude oil production, with continued high petroleum prices in 2022

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The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). million barrels per day this year and 12.8

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68% of primary energy imports to US in 2018 was crude oil; 48% of US energy exports were petroleum products

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The majority (69%) of primary energy imported into the United States in 2018 was crude oil, with petroleum products and natural gas also having significant shares, according to the US Energy Information Administration (EIA). Small amounts of biofuels, electricity, and coal were also imported. Coal category includes coal coke.

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