EIA data tracks hydrocarbon gas liquids shipments
A new US Energy Information Administration (EIA) data series has tracked the shipments of hydrocarbon gas liquids by rail.
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The US EIA has confirmed that it expects natural gas prices to be higher in 2017 and 2018 compared to last year.
The US Energy Information Administration (EIA) notes that natural gas spot prices in 2016 were at their lowest in 20 years.
The US EIA has predicted that crude oil prices are to increase slightly through 2017 and 2018.
The Center for Liquefied Natural Gas (CLNG) has issued a statement following the release of the EIA’s Annual Energy Outlook 2017.
The EIA’s Annual Energy Outlook 2017 (AEO2017) projects that the US will become a net energy exporter in most cases.
According to the latest report from the EIA, crude oil prices increased in 2016, but are still below 2015 averages.
US dry natural gas production increased by 4.5% in 2015 compared to 2014, according to the EIA’s Natural Gas Annual.
According to the EIA, US oil and natural gas proved reserves decrease in 2015 due to lower prices.
On 23 November, the US Environmental Protection Agency (EPA) issued its final rule for the 2017 Renewable Fuel Standard (RFS) programme year, with higher targets than those initially proposed in May.
