Two new US crude oil pipeline projects have been completed this year
As of 3 June 2022, pipeline companies completed two crude oil pipeline projects in the US, according to the EIA’s recently updated database.
FERC approves new natural gas pipeline projects
FERC approves three projects intended to increase US natural gas exports via pipeline and as LNG.
The effects of not building future interstate natural gas pipelines
The EIA analyse the effects on the energy market if no additional US natural gas pipeline capacity is built between 2024 and 2050.
EIA’s monthly hydrocarbon gas liquids storage data now includes end user storage
The release of EIA’s March 2022 Petroleum Supply Monthly now reports inventories of hydrocarbon gas liquids.
Prices on the Gulf Coast rise slightly with colder-than-normal temperatures
And gas delivery updates from TransCameron and Cheniere.
Crude oil prices higher than US$100/bbl in coming months
The EIA forecast that the price for WTI will average US$113/bbl in March and US$112/bbl for 2Q22.
EIA: uncertainty in short-term energy outlooks
The EIA’s short-term energy outlook analyses current market conditions and forecasts energy supply, consumption and prices.
New pipelines carrying natural gas plant liquids increase natural gas processing
In 2020 and 2021, more than 2000 miles of new liquids pipelines were brought into service.
EIA forecasts crude oil prices will decline during 2022
EIA: rising production from OPEC+ countries and the US will lead to global liquid fuels inventories increasing and crude oil prices falling in 2022.
EIA: new natural gas pipeline capacity expands access to export and Northeast markets
In the EIA’s recently updated Natural Gas Pipeline Projects Tracker, it estimates over 4 billion ft3/d of new natural gas pipeline capacity entered service in 3Q21, primarily supplying US Gulf Coast and Northeast demand markets. In total, the Natural Gas Pipeline Projects Tracker includes updates to 25 interstate and intrastate natural gas pipeline projects, including announcements of new projects and estimated dates of completion.