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Posted October 12, 2012Today in Energy

Note: Beginning Monday, October 15, the Today In Energy article will be posted between 8:00-8:30 Eastern Time.

New application of existing techniques in old fields helps Russia increase oil production ›

Russia was the world's largest producer of crude oil in 2011. As Russia's use of multistage hydraulic fracturing and horizontal drilling has increased, preliminary Russian crude oil production figures indicate that production has risen in 2012. More

Graph of Russian crude oil production from 1992 through 2011.

Source: U.S. Energy Information Administration, International Energy Statistics and International Energy Agency.

Features

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Who are the major players supplying the world oil market? ›

The world oil market is complicated. Oil companies and governments each play a role.

shale image

What is shale gas and why is it important? ›

Shale gas refers to natural gas that is trapped within shale formations.

homepage of the Enerdat Beta website

Try out the new interactive Electricity Data Browser ›

Test-drive the Beta data browser to drill down into electricity data including generation, fuel consumption, sales, and prices.

Data Highlights

Crude oil futures price

10/11/2012: $92.07/bbl

up$0.36 from week earlier
up$6.50 from year earlier

Natural gas futures price

10/11/2012: $3.604/mmBtu

up$0.198 from week earlier
up$0.115 from year earlier

Weekly coal production

10/6/2012: 19.037 million tons

down0.062 million tons from week earlier
down2.982 million tons from year earlier

Natural gas inventories

10/5/2012: 3,725 Bcf

up72 Bcf from week earlier
up236 Bcf from year earlier

Crude oil inventories

10/5/2012: 366.4 mmbbl

up1.7 mmbbl from week earlier
up28.7 mmbbl from year earlier

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