Ministerio de Energia de los Estados Unidos

U.S. crude oil exports reach more destinations and continue to increase

U.S. crude oil exports reach more destinations and continue to increase

Since the removal of restrictions on exporting U.S. crude oil in December 2015, the number of countries receiving exported U.S. crude has risen sharply. These exports have occurred despite a sustained narrow price premium of international crude oil prices over U.S. domestic crude oil prices, the many costs associated with arranging cargoes for export, and falling U.S. crude production. In...

Panama Canal expansion unlikely to significantly change crude oil, petroleum product flows

Panama Canal expansion unlikely to significantly change crude oil, petroleum product flows

Source: U.S. Energy Information Administration On June 26, the Panama Canal Authority, the body that operates the Panama Canal, will inaugurate a third set of locks, which will allow for the transit of larger ships. This is the first such expansion since the canal was completed in 1914. With the exception of U.S. propane exports, the expansion of the Panama...

Fires near Fort McMurray are reducing Canada’s oil sands production

Fires near Fort McMurray are reducing Canada’s oil sands production

Source: U.S. Energy Information Administration, North American Cooperation on Energy Information (NACEI), U.S. Forest Service, Alberta Environment and Parks, PIRA Energy While evacuees from the ongoing fires in Fort McMurray have begun to return to the city, a state of emergency remains in place throughout Alberta, Canada, and the temporary shutdown of the area's oil sands...