DOCSLIB.ORG

Price and Expenditure Measures of Petroleum Products: a Comparison

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Price and Expenditure Measures of Petroleum Products: a Comparison Petroleum ‘ Prices Prices and Expenditures and Expenditures Price and expenditure measures of petroleum products: a comparison Price changes in petroleum products are closely correlated among the three price programs of the Bureau of Labor Statistics; changes in the BLS petroleum-product CPI also correlate with changes in consumer spending on those products, as measured by the Consumer Expenditure Survey Abby L. Duly, olitical events in oil-producing countries, tional Price Program (IPP), which measures import Jeffrey A. Harris, hurricanes in the Gulf of Mexico, and and export prices; the Producer Price Index (PPI), Ara M. increasing global demand for petroleum which measures prices received by domestic pro- Khatchadourian, P products have all contributed to sharp increases in ducers; the Consumer Price Index (CPI), which Rozi T. Ulics, and recent years in prices of crude oil and of petroleum measures consumer prices paid out of pocket; and Melissa C. Wolter products derived from crude oil. From January 2000 the Consumer Expenditure Survey (CE), which to July 2006, the average price for a gallon of measures out-of-pocket consumer expenditures. unleaded regular gasoline in the United States Chart 1 illustrates the high correlation among the increased 130.5 percent.1 Personal consumption three price indexes. (Two different PPI’s are shown.) expenditures on gasoline rose from $175.7 billion Each program has a different scope, measurement to $287.3 billion from 2000 to 2005.2 Rising prices goal, and methodology for collecting and compiling and increasing expenditures are a concern for data related to crude oil and petroleum products, consumers, business leaders, and Federal policy- and the differences among the programs must be makers. As a result, reliable information on the pric- understood in order to properly interpret and com- es and costs of crude oil and petroleum products is pare the movements among the respective indexes. more vital than ever in making decisions at all levels A description of each program’s measures of petro- of the economy. leum product prices and expenditures follows. The The Bureau of Labor Statistics (BLS, the Bureau) appendix presents an exhibit summarizing the pro- conducts price and consumer expenditure surveys gram methodologies. that measure both changes in prices of, and expenditures for, petroleum products throughout Measurement of traded-goods inflation: the IPP’s the various levels of the economy. This article import and export price indexes. The IPP produces introduces the programs that carry out these indexes for import and export goods and services. surveys, describes the petroleum data compiled These indexes measure price changes on the basis by those programs, explains the methodology of the actual transaction prices of specifically Abby L. Duly is an underlying the various crude-oil and gasoline economist formerly in defined items and services coming into and leaving the Office of Prices surveys, and provides historical comparisons of the country. Published IPP indexes for crude oil and Living Conditions, price data across the BLS programs. Bureau of Labor and refined petroleum products reflect three classi- Statistics, and Jeffrey A. fication systems: the Harmonized Tariff System of Harris, Ara M. Khatchadourian, Rozi Price and expenditure programs the United States, the Bureau of Economic Analysis T. Ulics, and Melissa C. End Use classification system, and the North Amer- Wolter are economists NAICS in the same office. E- The Bureau conducts three price surveys and a ican Industry Classification System ( .) These mail: [email protected] survey of consumer expenditures: the Interna- indexes are used, among other things, to deflate 56 Monthly Labor Review December 2006 Chart 1. Selected BLS price indexes, January 2000–December 2005 Index Index (2000 = 100) (2000 = 100) PPI for gasoline CPI for gasoline (all types) IPP crude-petroleum import prices PPI for crude petroleum various foreign trade statistics produced by the U.S. Census imported into the United States. Because of its broad scope, Bureau and the Bureau of Economic Analysis. EIA–856 data are more comprehensive than data that can be Although the IPP calculates indexes for all petroleum prod- obtained from a sample of importers. EIA–856 data also en- ucts, only some of these products meet the program’s dollar- compass transactions for the entire calendar month, so that, in value-of-trade threshold for public release. The IPP publishes contrast to price indexes for goods and services, for which the indexes solely for products with an annual dollar value of trade reference period is the first week of each month, the IPP crude- for exports of at least $3.0 billion or a dollar value of trade for oil index is composed of transaction data received over the imports of at least $3.0 billion. Because U.S. crude-oil exports no entire month. longer exceed $3.0 billion per year, the IPP does not publish One limitation of using the EIA–856 survey, however, is export indexes for crude oil. By contrast, crude-oil imports have that most of the transaction data are not available from the a trade dollar value that greatly exceeds the IPP threshold. Indeed, Department of Energy in time for the first published estimate of on the basis of a dollar value of more than $131 billion in 2004, the crude-oil import index. Instead, the complete set of EIA–856 imported crude oil accounts for 9.35 percent of the overall IPP data for a given month is available on a delayed basis. For import index, with all other imported petroleum products together example, most of the June 2006 prices were not available until accounting for 3.45 percent of the weight of the import index. July or August 2006. To correct for this limitation, the IPP employs Among the import and export price indexes the IPP produces two different estimation procedures to calculate its crude-oil for other petroleum products are indexes for gasoline and import index: a procedure for calculating the preliminary and first distillates. revised index and a procedure for calculating two subsequent Unlike most of the product indexes in the IPP, which reflect revisions of the index. price data collected directly from importers and exporters, the To calculate the preliminary and first revised index when import crude-oil index is based primarily on monthly transaction the EIA–856 data are incomplete, the IPP uses a regression data obtained from the Department of Energy’s Energy Infor- model based on the incomplete EIA–856 data to estimate the mation Administration (EIA) Form–856 survey.3 This survey percent change in the price for crude oil. This regression collects data on prices and quantities of virtually all crude oil model’s estimates are much closer to the final estimate of the Monthly Labor Review December 2006 57 Petroleum Prices and Expenditures monthly percent change in the crude-oil import index than are Measurement of production inflation: the Producer Price the estimates derived from merely aggregating the incomplete Index. The PPI publishes various monthly price indexes for crude EIA–856 data. oil and refined petroleum products, including gasoline, diesel The two subsequent revisions are calculated directly from fuel, and home heating oil. The indexes are based on prices the EIA–856 data with the use of a modified Laspeyres index collected directly from domestic producers and are calculated formula based upon fixed item and index weights calculated with the use of a modified Laspeyres index formula. The prices each year by the IPP.4 The weights are lagged 2 years. For for crude oil are generally location-specific net transaction example, in 2006, the weights were calculated from 2004 trade prices,9 whereas the prices provided for refined petroleum values. In January 2007, the IPP will start using 2005 weights. products are primarily national averages of net transaction prices At the item level, the IPP calculates the weight for each type of for the particular commodity. Crude-oil prices are received from imported crude oil, or “crude stream,” in the EIA–856 survey.5 domestic producers at various wells within the United States, Each observation in the monthly index then represents a including offshore operations. Prices for refined petroleum tanker load of a particular crude stream that arrives in the products are not received from a specific location, but rather are United States. taken as national averages. For each revision, a more complete set of EIA–856 data Before prices are collected, however, and in a manner similar to the becomes available for use in the monthly index calculation. IPP process for direct collection, a sample of establishments is ran- Therefore, for the two subsequent revisions, these data are domly drawn, and each establishment selected is visited by a BLS simply aggregated by the IPP into the crude-oil import index. representative, who attempts to persuade the establishment to To achieve this aggregation, the IPP calculates the weighted participate in the PPI survey. If the establishment agrees to participate, average price for each crude stream by summing products of a certain number of its products are selected to be priced for the prices and quantities for all transactions for a crude stream survey. Any particular product that an establishment produces has a and then dividing the result by the sum of the quantities. probability of selection proportional to the share of the estab- These weighted average prices are then combined into the lishment’s revenue from sales of the product. Once specific products overall index, which, as mentioned, is weighted by the annual are selected, establishments send monthly price updates on those trade value from 2 years earlier. As with all IPP indexes, the products to the PPI. The updates reflect prices on the Tuesday of the final crude-oil index number is released 3 months after the week containing the 13th of the month.10 preliminary index is first published.
Load more

Recommended publications
  • Oil Shale and Tar Sands
    Fundamentals of Materials for Energy and Environmental Sustainability Editors David S. Ginley and David Cahen Oil shale and tar sands James W. Bunger 11 JWBA, Inc., Energy Technology and Engineering, Salt Lake City, UT, USA 11.1 Focus 11.2 Synopsis Tar sands and oil shale are “uncon- Oil shale and tar sands occur in dozens of countries around the world. With in-place ventional” oil resources. Unconven- resources totaling at least 4 trillion barrels (bbl), they exceed the world's remaining tional oil resources are characterized petroleum reserves, which are probably less than 2 trillion bbl. As petroleum becomes by their solid, or near-solid, state harder to produce, oil shale and tar sands are finding economic and thermodynamic under reservoir conditions, which parity with petroleum. Thermodynamic parity, e.g., similarity in the energy cost requires new, and sometimes of producing energy, is a key indicator of economic competitiveness. unproven, technology for their Oil is being produced on a large commercial scale by Canada from tar sands, recovery. For tar sands the hydrocar- and to a lesser extent by Venezuela. The USA now imports well over 2 million barrels bon is a highly viscous bitumen; for of oil per day from Canada, the majority of which is produced from tar sands. oil shale, it is a solid hydrocarbon Production of oil from oil shale is occurring in Estonia, China, and Brazil albeit on called “kerogen.” Unconventional smaller scales. Importantly, the USA is the largest holder of oil-shale resources. oil resources are found in greater For that reason alone, and because of the growing need for imports in the USA, quantities than conventional petrol- oil shale will receive greater development attention as petroleum supplies dwindle.
    [Show full text]
  • Statoil ASA Statoil Petroleum AS
    Offering Circular A9.4.1.1 Statoil ASA (incorporated with limited liability in the Kingdom of Norway) Notes issued under the programme may be unconditionally and irrevocably guaranteed by Statoil Petroleum AS (incorporated with limited liability in the Kingdom of Norway) €20,000,000,000 Euro Medium Term Note Programme On 21 March 1997, Statoil ASA (the Issuer) entered into a Euro Medium Term Note Programme (the Programme) and issued an Offering Circular on that date describing the Programme. The Programme has been subsequently amended and updated. This Offering Circular supersedes any previous dated offering circulars. Any Notes (as defined below) issued under the Programme on or after the date of this Offering Circular are issued subject to the provisions described herein. This does not affect any Notes issued prior to the date hereof. Under this Programme, Statoil ASA may from time to time issue notes (the Notes) denominated in any currency agreed between the Issuer and the relevant Dealer (as defined below). The Notes may be issued in bearer form or in uncertificated book entry form (VPS Notes) settled through the Norwegian Central Securities Depositary, Verdipapirsentralen ASA (the VPS). The maximum aggregate nominal amount of all Notes from time to time outstanding will not exceed €20,000,000,000 (or its equivalent in other currencies calculated as described herein). The payments of all amounts due in respect of the Notes issued by the Issuer may be unconditionally and irrevocably guaranteed by Statoil A6.1 Petroleum AS (the Guarantor). The Notes may be issued on a continuing basis to one or more of the Dealers specified on page 6 and any additional Dealer appointed under the Programme from time to time, which appointment may be for a specific issue or on an ongoing basis (each a Dealer and together the Dealers).
    [Show full text]
  • Press Release
    Press Release First quarter 2021 results With results of more than $3 billion, Total fully benefits from rebound in hydrocarbon prices LNG and renewables represent one-third of results Change Change 1Q21 1Q20 1Q19 vs 1Q20 vs 1Q19 Oil price - Brent ($/b) 61.1 50.1 +22% 63.1 -3% Average price of LNG ($/Mbtu) 6.1 6.3 -4% 7.2 -16% Variable cost margin - Refining Europe, VCM ($/t) 5.3 26.3 -80% 33.0 -84% Adjusted net income (Group share)1 - in billions of dollars (B$) 3.0 1.8 69% 2.8 +9% - in dollars per share 1.10 0.66 +68% 1.02 +8% DACF1 (B$) 5.8 4.3 +34% 6.3 -8% Cash Flow from operations (B$) 5.6 1.3 x4.3 3.6 +54% Net income (Group share) of 3.3 B$ in 1Q21 Net-debt-to-capital ratio of 19.5% at March 31, 2021 vs. 21.7% at December 31, 20202 Hydrocarbon production of 2,863 kboe/d in 1Q21, a decrease of 7% compared to 1Q20 First 2021 interim dividend set at 0.66 €/share 2 Paris, April 29, 2021 - The Board of Directors of Total SE, meeting on April 28, 2021, under the chairmanship of Chairman and Chief Executive Officer Patrick Pouyanné, approved the Group's first quarter 2021 accounts. On this occasion, Patrick Pouyanné said: « In the first quarter, the Group fully benefited from rising oil and gas prices, up 38% and 24%, respectively quarter-to- quarter, and its strategy to grow LNG and Renewables and Electricity.
    [Show full text]
  • Weekly Petroleum Status Report
    Summary of Weekly Petroleum Data for the week ending September 17, 2021 U.S. crude oil refinery inputs averaged 15.3 million barrels per day during the week ending September 17, 2021 which was 1.0 million barrels per day more than the previous week’s average. Refineries operated at 87.5% of their operable capacity last week. Gasoline production increased last week, averaging 9.6 million barrels per day. Distillate fuel production increased last week, averaging 4.5 million barrels per day. U.S. crude oil imports averaged 6.5 million barrels per day last week, increased by 0.7 million barrels per day from the previous week. Over the past four weeks, crude oil imports averaged about 6.1 million barrels per day, 18.9% more than the same four-week period last year. Total motor gasoline imports (including both finished gasoline and gasoline blending components) last week averaged 1.1 million barrels per day, and distillate fuel imports averaged 184,000 barrels per day. U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) decreased by 3.5 million barrels from the previous week. At 414.0 million barrels, U.S. crude oil inventories are about 8% below the five year average for this time of year. Total motor gasoline inventories increased by 3.5 million barrels last week and are about 3% below the five year average for this time of year. Finished gasoline and blending components inventories both increased last week. Distillate fuel inventories decreased by 2.6 million barrels last week and are about 14% below the five year average for this time of year.
    [Show full text]
  • Facts About Offshore Oil and Gas Exploration in South Australia
    The Facts about offshore oil and gas exploration in South Australia Ocean Epoch, offshore drilling rig at Sophie Jane 1, south east South Australia How offshore exploration is regulated The National Offshore Petroleum NOPSEMA is Australia’s first national Safety and Environmental regulator for health and safety, well Management Authority (NOPSEMA) integrity and environmental management was established on 1 January 2012. for offshore oil and gas operations. LEGISLATION & REGULATIONS NATIONAL: SOUTH AUSTRALIAN: • Environment Protection and • Oshore Petroleum and • Oshore Petroleum and • Petroleum (Submerged Biodiversity Conservation Act Greenhouse Gas Storage Greenhouse Gas Storage Lands) Act 1982 (SA) 1999 (Environment) Regulations (Regulatory Levies) 2009 Act 2003 • Petroleum and • Oshore Petroleum and Geothermal Energy Act Greenhouse Gas Storage • Oshore Petroleum and • Oshore Petroleum and 2000 (SA) Act 2006 Greenhouse Gas Storage Greenhouse Gas Storage (Resource Management (Regulatory Levies) • Oshore Petroleum and and Administration) Regulations 2004 Greenhouse Gas Storage Regulations 2011 (Safety) Regulations 2009 Holders must meet requirements for safety, well integrity and Regular maintenance, environmental sampling, monitoring management in and reporting accordance with relevant industry standards PERMIT Early engagement and ongoing targeted Sucient nancial consultation assurance to meet the throughout the lifetime costs, expenses and of the operation liabilities that may arise REGULATORY COMPLIANCE AND ENFORCEMENT • Prohibit specic
    [Show full text]
  • OPEC Annual Statistical Bulletin 2019 1 Contents
    2019 OPEC Annual Statistical Bulletin Organization of the Petroleum Exporting Countries 1965 – 2019 th edition 54 Team for the preparation of the OPEC Annual Statistical Bulletin Secretary General Editorial Team Chairman of the Editorial Board Head, Public Relations and Information Department Mohammad Sanusi Barkindo Hasan Hafidh Director, Research Division Editor Ayed S. Al-Qahtani Maureen MacNeill, Mathew Quinn Project Leader Coordinator, Design and Production Head, Data Services Department Carola Bayer Adedapo Odulaja Senior Production Assistant Coordinator, Statistics Team Diana Lavnick Hossein Hassani Graphic Designer Statistics Team Tara Starnegg Pantelis Christodoulides, Klaus Stöger, Mohammad Sattar, Mihni Mihnev, Justinas Pelenis, Ksenia Gutman Coordinator, IT Development Team Mohamed Mekerba IT Development Team Vedran Hrgovcic, Zairul Arifin Online Annual Statistical Bulletin 2019: asb.opec.org Download now: Smart App for OPEC Annual Statistical Bulletin iOS Android Questions on data Data queries: [email protected]. Advertising The OPEC Annual Statistical Bulletin now accepts advertising. For details, please contact the Head, PR and Information Department, at the following address: Organization of the Petroleum Exporting Countries Helferstorferstrasse 17, A-1010 Vienna, Austria Tel: +43 1 211 12/0 Fax: +43 1 216 43 20 Advertising: [email protected] Website: www.opec.org Photographs Courtesy OPEC. © 2019 Organization of the Petroleum Exporting Countries ISSN 0475-0608 Contents Foreword 5 Key messages 6 Tables Page Page Section
    [Show full text]
  • LUKOIL's Market Strategy in Central and Eastern Europe 105 O Increasing the Number of Filling Stations for Petroleum Products in Russia and Other Countries
    Petroleum-Gas University of Ploiesti Vol. LXII Economic Sciences 103-110 BULLETIN No. 4/2010 Series LUKOIL’s Market Strategy in Central and Eastern Europe Mihaela Oprea Ciopi Petroleum-Gas University of Ploieşti, Bd. Bucureşti 39, Ploieşti, Romania e-mail: [email protected] Abstract The economic environment has undergone significant development over the past 20 years marked, in particular, by the globalization of the economy and increased competitiveness. The large oil corporations significantly influence national economies and the global economy in general, as a result of their huge financial power and their profit-oriented corporate management, by identifying the most appropriate strategies and the most effective methods of business management . Currently, oil market in Central and Eastern Europe is controlled by three major players: the Austrian OMV, Hungarian MOL company and the Russian company LUKOIL, whose investment strategies and policies contributed to a decisive extent to the development and consolidation of oil industry in the countries in this area, thus in Romania too. In this context, the paper aims to analyze the strategy of developing and consolidating LUKOIL’s position on this market. Key words: strategic alliance, a global energy player, offensive strategy, territorial expansion JEL Classification: M10 Introduction The greatest oil corporations significantly influence national economies and the global economy in general, the effect of their huge financial power and corporate management oriented to increase profit by identifying the most appropriate strategies and the most effective methods of business management. These elements underpin the development of management as a science and was later taken over and adapted by national companies.
    [Show full text]
  • Royal Dutch Shell Report on Payments to Governments for the Year 2018
    ROYAL DUTCH SHELL REPORT ON PAYMENTS TO GOVERNMENTS FOR THE YEAR 2018 This Report provides a consolidated overview of the payments to governments made by Royal Dutch Shell plc and its subsidiary undertakings (hereinafter refer to as “Shell”) for the year 2018 as required under the UK’s Report on Payments to Governments Regulations 2014 (as amended in December 2015). These UK Regulations enact domestic rules in line with Directive 2013/34/EU (the EU Accounting Directive (2013)) and apply to large UK incorporated companies like Shell that are involved in the exploration, prospection, discovery, development and extraction of minerals, oil, natural gas deposits or other materials. This Report is also filed with the National Storage Mechanism (http://www.morningstar.co.uk/uk/nsm) intended to satisfy the requirements of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority in the United Kingdom This Report is available for download from www.shell.com/payments BASIS FOR PREPARATION - REPORT ON PAYMENTS TO GOVERNMENTS FOR THE YEAR 2018 Legislation This Report is prepared in accordance with The Reports on Payments to Governments Regulations 2014 as enacted in the UK in December 2014 and as amended in December 2015. Reporting entities This Report includes payments to governments made by Royal Dutch Shell plc and its subsidiary undertakings (Shell). Payments made by entities over which Shell has joint control are excluded from this Report. Activities Payments made by Shell to governments arising from activities involving the exploration, prospection, discovery, development and extraction of minerals, oil and natural gas deposits or other materials (extractive activities) are disclosed in this Report.
    [Show full text]
  • Review of Industry Associations and Initiatives March 2020 Introduction Background
    Review of industry associations and initiatives March 2020 Introduction Background Climate change is among the biggest challenges of our inside of associations through dialogue and discussions, Equinor is a broad energy company committed to actively in some associations than in others, but time. It is a clear call for action. Achieving the ambitions of and we will voice our concerns when we as a member developing its business in support of the ambitions of the we recognise that our membership in associations the Paris Agreement and the United Nations Sustainable find misalignment with an industry association on climate Paris Agreement. We are building a high value and lower give important arenas for development of policy Development Goals will require significant efforts from related policy. In cases of material misalignment, we are carbon oil and gas portfolio, establishing an industrial recommendations, including climate regulations. We across society - from individuals, companies, governments, prepared to exit the association. position in renewables and embedding climate risk into believe that aligning our contribution and positions as associations, multilateral institutions and civil society. our investments and decision-making. We are committed an industry, across companies and associations, will Equinor believes it is a good business strategy to ensure to supporting public policies aimed at combatting be key to supporting the energy transition. In line with Industry associations represent valuable partners for our competitiveness and drive change towards a low-carbon climate change by reducing global greenhouse gas this belief, we signed a joint statement with the investor industry and Equinor is engaged in associations across future, based on a strong commitment to value creation (GHG) emissions.
    [Show full text]
  • An Overview of Biodiesel and Petroleum Diesel Life Cycles
    An Overview of Biodiesel and Petroleum Diesel Life Cycles A Joint Study Sponsored by: U.S. Department of Agriculture and U.S. Department of Energy May 1998 NOTICE This report was prepared as an account of work sponsored by an agency of the United States government. Neither the United States government nor any agency thereof, nor any of their employees, makes any warranty, express or implied, or assumes any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed, or represents that its use would not infringe privately owned rights. Reference herein to any specific commercial product, process, or service by trade name, trademark, manufacturer, or otherwise does not necessarily constitute or imply its endorsement, recommendation, or favoring by the United States government or any agency thereof. The views and opinions of authors expressed herein do not necessarily state or reflect those of the United States government or any agency thereof. Available electronically at http://www.doe.gov/bridge Available for a processing fee to U.S. Department of Energy and its contractors, in paper, from: U.S. Department of Energy Office of Scientific and Technical Information P.O. Box 62 Oak Ridge, TN 37831-0062 phone: 865.576.8401 fax: 865.576.5728 email: [email protected] Available for sale to the public, in paper, from: U.S. Department of Commerce National Technical Information Service 5285 Port Royal Road Springfield, VA 22161 phone: 800.553.6847 fax: 703.605.6900 email: [email protected] online ordering: http://www.ntis.gov/ordering.htm Printed on paper containing at least 50% wastepaper, including 20% postconsumer waste NREL/TP-580-24772 An Overview of Biodiesel and Petroleum Diesel Life Cycles John Sheehan Vince Camobreco James Duffield Michael Graboski Housein Shapouri National Renewable Energy Laboratory 1617 Cole Boulevard Golden, Colorado 80401-3393 A national laboratory of the U.S.
    [Show full text]
  • Full Report – BP Statistical Review of World Energy 2019
    BP Statistical Review of World Energy 2019 | 68th edition Contents Introduction For 66 years, Natural the BPgas Statistical Review of WorldRenewable energy 1 Group chief executive’s introductionEnergy 3has 0 Reserves provided high-quality objective 5 1 andRenewables consumption 2 2018 at a glance globally 3consistent 2 Production data on world energy 52 markets. Generation by source 3 Group chief economist’s analysisThe review 3 4 Consumption is one of the most widely respected 5 3 Biofuels production and authoritative 3 7 Prices publications in the field of energy 3 8 Trade movements Electricity Primary energy economics, used for reference by the media, 8 Consumption 5 4 Generation 9 Consumption by fuel academia, Coalworld governments and energy 56 Generation by fuel 12 Consumption per capita companies. 4 2 Reserves A new edition is published every June. 44 Production CO2 Carbon Oil 45 Consumption 5 7 Carbon dioxide emissions 1 4 Reserves Discover more 47 onlinePrices and trade movements 1 6 Production All the tables and charts found in the latest printed Key minerals edition are available at bp.com/statisticalreviewNuclear energy 20 Consumption plus a number of extras, including: 5 8 Production • The energy charting tool – view 4 8 Consumption 2 4 Prices predetermined reports or chart specific data 59 Reserves 2 6 Refining according to energy type, region, country 59 Prices and year. Hydroelectricity 2 8 Trade movements • Historical data from 1965 for many sections. • Additional data 4 9for refinedConsumption oil production Appendices demand, natural gas, coal, hydroelectricity, nuclear energy and renewables. 6 0 Approximate conversion factors • PDF versions and PowerPoint slide packs of 6 0 Definitions the charts, maps and graphs, plus an Excel workbook of the data.
    [Show full text]
  • Wholesale Fuels Solutions and Locations| Exxonmobil
    Sales and service Wholesale fuel sales “ ExxonMobil is the absolute best across the You supply the fuel that keeps the country moving and progress growing – a critical and often board — from their professionalism, supply challenging task. That’s why we offer the technical reliability and customer service.” – A large, expertise and facilities to ensure our high-quality products meet or exceed your needs in all US-based distributor of petroleum products anticipated conditions. Your business will be handled reliably, efficiently, Product quality team courteously and confidentially by our We maintain market-leading quality standards and knowledgeable personnel who provide the highest actively participate in the development of ASTM level of support. standards. Our commitment includes: • Each customer is designated a Sales Account • Support from dedicated resources and a global Manager as a single point of contact for all organization with extensive experience account needs. • Fuel inspections at key points in the distribution • Connect with us by visiting our website: system, from refinery to delivery exxonmobil.com/en/wholesale-fuels/contact-us • SDSs available online at msds.exxonmobil.com A trusted partnership Customer service We work with you to develop offers that meet your To ensure that your needs are met and specific fueling needs, with options including: expectations exceeded, we strive to be flawless, • Flexible contracts efficient and responsive. You can count on: – 90-day Evergreen to multi-year contracts • Constant support from
    [Show full text]