United States refineries have processed as much as 16.8 MMBOPD in each of the past two weeks, according to a report released by the Energy Information Administration (EIA) on July 24, 2014. The historic mark, based on EIA data beginning in 1989, is the highest refinery rate in U.S. history. Capacity rates also set a record, breaking the previous mark
During the EIA Energy Conference last week, July 14 to July 15, Michigan’s Representative Fred Upton (R) gave a speech about his ideal energy future. He called his plan the “Architecture of Abundance.” It is a plan with five pillars: Modernizing infrastructure Maintaining diverse electricity generation Permitting a manufacturing renaissance Harnessing energy efficiency and innovation, and Unleashing energy diplomacy. Upton
The oil and gas production surge in the United States (U.S.) has analysts predicting the U.S. will lead the world’s in oil and production by the end of 2013. Source: EIA According to The U.S. Energy Information Administration (EIA), the United States is on pace to surpass Russia by year-end 2013. Oil production alone has increased by 34% since 2005.
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