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Today in Energy Short, timely articles with graphics on energy facts, issues, and trends.

  • Memorial Day real gasoline prices highest since 2012, near record levels
    on May 27, 2022 at 12:00 pm

    On May 23, heading into this Memorial Day weekend, the U.S. average retail price of regular gasoline was $4.59 per gallon (gal), the highest inflation-adjusted (real) price since 2012. On a nominal basis, this price is the all-time highest price for gasoline recorded in our weekly Gasoline and Diesel Fuel Update, which dates back to 1990. The high price of gasoline is currently driven by several factors, including the price of crude oil, the effects of Russia's full-scale invasion of Ukraine, and rising U.S. gasoline demand outpacing refinery runs. .

  • Beneficial use of power sector combustion byproducts exceeded material disposed in 2020
    on May 26, 2022 at 12:00 pm

    Combusting fuel for electricity generation creates solid byproducts, which have decreased in recent years as some fuels—especially coal, the source of nearly all of these byproducts—have been used less frequently in the United States. In 2020, for the first time since we began collecting these data in 2008, larger amounts of these byproducts were put to beneficial use rather than disposed of.

  • European petroleum tanker rates rise due to geopolitical instability and marine fuel costs
    on May 25, 2022 at 12:00 pm

    Petroleum tanker rates for routes originating in Europe rose to record highs in April 2022 because of geopolitical instability related to Russia's full-scale invasion of Ukraine and rising marine fuel prices, also known as bunker fuel. Dirty tanker rates for Aframax-sized vessels originating in the Black Sea in southeast Europe increased to $32.10 per metric ton (mt) in April 2022, more than triple the $10.11/mt price in January 2022. The tanker rates for routes originating in the Baltic Sea in northern Europe reached $41.38/mt in April 2022, up from $7.50/mt in January 2022.

  • FERC approves new natural gas pipeline projects to increase U.S. exports
    on May 24, 2022 at 12:00 pm

    Our recently updated Natural Gas Pipeline Project Tracker tracks recently approved and completed natural gas pipeline projects. In the first quarter of 2022, the Federal Energy Regulatory Commission (FERC) approved three projects intended to increase U.S. natural gas exports via pipeline and as liquefied natural gas (LNG). Our tracker also lists pipelines that were completed last quarter.

  • U.S. retail diesel prices increase to over $6 per gallon in the Northeast
    on May 23, 2022 at 12:00 pm

    On May 16, 2022, the average U.S. on-highway retail diesel fuel price was $5.61 per gallon (gal), a $2.00/gal increase from January 3. Although retail diesel prices have increased across the entire United States, prices in the Northeast have increased the most and are now among the highest in the country. On May 16, the average retail diesel price was $6.43/gal in the New England region and $6.36/gal in the Central Atlantic region, increases of 78% and 68%, respectively, since the beginning of the year. Retail diesel prices in these regions are nearly equal to California's average of $6.47/gal, according to our Gasoline and Diesel Fuel Update. Industry Headlines The latest oil and gas news from around the world.

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