Quantcast

Latest Energy Information Administration Stories

2005-09-28 17:16:48

By Tom Doggett WASHINGTON (Reuters) - U.S. gasoline prices will rise in the near term because as much as 15 percent of U.S. oil refining capacity "could be out for at least another couple of weeks" due to Hurricanes Rita and Katrina, the government's top energy forecasting agency said on Wednesday. The refinery outages amount to lost production of about 1.3 million barrels per day (bpd) for gasoline, over 700,000 bpd for distillate fuel and nearly 400,000 barrels bpd for jet fuel,...

2005-09-28 15:41:53

By Tom Doggett WASHINGTON (Reuters) - U.S. gasoline prices will rise in the near term because as much as 15 percent of U.S. oil refining capacity "could be out for at least another couple of weeks" due to Hurricanes Rita and Katrina, the government's top energy forecasting agency said on Wednesday. The refinery outages amount to lost production of about 1.3 million barrels per day (bpd) for gasoline, over 700,000 bpd for distillate fuel and nearly 400,000 barrels bpd for jet fuel,...

2005-09-26 09:18:30

By Tom Doggett WASHINGTON (Reuters) - There is still plenty of crude oil in storage for refineries to use even if a large chunk of U.S. oil production in the Gulf of Mexico remains offline due to Hurricane Rita, a senior government energy analyst said on Monday. Doug MacIntyre, senior analyst with the Energy Information Administration, said U.S. commercial crude oil inventories were in the upper end of the average range for this time of year before Rita hit, and the government has...

2005-09-12 15:51:22

WASHINGTON (Reuters) - The average retail nationwide gasoline price fell sharply in the latest week to $2.955 a gallon, one week after surging nearly 50 cents a gallon following Hurricane Katrina, the U.S. government said on Monday. The national average pump price for regular unleaded gasoline fell 11.4 cents, according to a weekly survey of more than 800 service stations by the Energy Information Administration (EIA). The new weekly price is $1.109 per gallon higher than one year...

2005-09-08 11:26:26

By Tom Doggett WASHINGTON (Reuters) - The U.S. economy will face a tough winter due to high energy prices caused partly by a disruption in oil and natural gas supplies from Hurricane Katrina, U.S. Energy Secretary Sam Bodman warned on Thursday. "There is no doubt that this is going to be a very tough winter season for the American economy (and) for American homeowners," Bodman said in an interview on the "Fox & Friends" television news program. The Energy Information...

2005-09-08 11:13:55

By Tom Doggett WASHINGTON (Reuters) - The U.S. economy will face a tough winter due to high energy prices caused partly by a disruption in oil and natural gas supplies from Hurricane Katrina, U.S. Energy Secretary Sam Bodman warned on Thursday. "There is no doubt that this is going to be a very tough winter season for the American economy (and) for American homeowners," Bodman said in an interview on the "Fox & Friends" television news program. The Energy Information...

2005-09-02 07:37:17

By Tom Doggett WASHINGTON (Reuters) - The U.S. has lost production of about 42 million gallons of gasoline a day, equal to 10 percent of its normal consumption, because Hurricane Katrina shut down oil refineries and forced others to reduce runs, according to government estimates. Nine major oil refineries remained offline in Louisiana and Mississippi and several other facilities had reduced output. That cut about 2 million barrels per day (bpd) of U.S. refining capacity, which...

2005-09-02 07:29:30

By Tom Doggett WASHINGTON (Reuters) - The U.S. has lost production of about 42 million gallons of gasoline a day, equal to 10 percent of its normal consumption, because Hurricane Katrina shut down oil refineries and forced others to reduce runs, according to government estimates. Nine major oil refineries remained offline in Louisiana and Mississippi and several other facilities had reduced output. That cut about 2 million barrels per day (bpd) of U.S. refining capacity, which...

2005-06-27 21:08:05

By Christopher Doering WASHINGTON (Reuters) - U.S. motorists should prepare to paymore at the pump over the Fourth of July holiday, after agovernment survey on Monday showed gasoline prices rose for thefourth straight week, nearing an all-time high set April. The national average pump price for regular unleadedgasoline rose 5.4 cents to $2.215 a gallon, up 29.4 cents froma year ago, according to the latest weekly survey of more than800 service stations by the Energy Information...


Word of the Day
kenspeckle
  • Having so marked an appearance as easily to be recognized.
This word may come from the Swedish 'kanspak,' quick at recognizing persons or things, or else from confusion with 'conspicuous.'