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The United States was for decades, through 2008, the world's largest net importer of refined petroleum products. But the situation quickly changed in 2008 as American refineries became much more cost-competitive due to large increases in US production of oil, natural gas, and natural gas liquids. The US became a net exporter of refined ...
A barrel is one of several units of volume applied in various contexts; there are dry barrels, fluid barrels (such as the U.K. beer barrel and U.S. beer barrel), oil barrels, and so forth. For historical reasons the volumes of some barrel units are roughly double the volumes of others; volumes in common use range approximately from 100 to 200 ...
The ethanol market share in the U.S. gasoline supply grew by volume from just over 1 percent in 2000 to more than 3 percent in 2006 to 10 percent in 2011. [ 1 ] [ 7 ] [ 8 ] Domestic production capacity increased fifteen times after 1990, from 900 million US gallons to 1.63 billion US gal in 2000, to 13.5 billion US gallons in 2010.
"Gasoline demand has been weak," said the EIA's Barron. "Depending on which week you’re looking at it’s actually fallen below 2020 levels." A customer fills up at a gas station in Plains, Pa ...
Gas prices within the last 10 years highlight how volatile the market can be. When looking at historical data, gas prices were the same in 2011 as they were in 2023 — $3.52 per gallon.
Install a new fuel gas system by December 2010 to burn cleaner natural gas instead of fuel oil, reducing SO2 emissions by thousands of tons per year. This would cost $28 million to $38 million. Install new pollution controls on heaters and boilers by December 2010 at cost of $20 million, reducing annual NOx emissions by approximately 900 tons.
Today, we're talking $80 a barrel." But supply isn't exactly short. The Interior Department says more than half of the land leased to the oil and gas industry is non-producing.
Oil conversion factor from m³ to bbl (or stb) is 6.28981100; Gas conversion factor from standard m³ to scf is 35.314666721; Note that the m³ gas conversion factor takes into account a difference in the standard temperature base for measurement of gas volumes in metric and imperial units.