Imports of petroleum products gasoline, distillate, and other products into the East Coast region of the United States increased in March 2021. Rising imports resulted from lower domestic supply, higher demand, and higher domestic petroleum product prices compared with prices in Europe. In March, East Coast petroleum product imports averaged 1.4 million barrels per day (b/d). In .
Imports of petroleum product into the United States increased in March 2021 as a result of increased demand, temporary unplanned refinery outages in the US Gulf Coast, and high US petroleum product prices compared with prices in Europe, according to the US Energy Information Administration (EIA). According to the EIA.
In February 2021, extremely cold winter weather in the Gulf Coast region resulted in outages at most petrochemical plants in the area, causing the largest monthly decline in demand for ethane feedstock on record. Ethane consumption (we use product supplied as a proxy for consumption) in February dropped 654,000 barrels per day (b/d) from January 2021 to a total of 1.21 million b/d. This level was the lowest level of ethane consumption since October 2017, when the U.S. Gulf Coast was recovering from the impacts of Hurricane Harvey.
The cold weather in Texas in February 2021 caused the largest monthly decline in natural gas production on record, resulting in elevated natural gas prices throughout the country. Because of high prices and demand for home heating, natural gas deliveries to residential customers took priority, and deliveries to industrial users halted entirely, including to petrochemical crackers and other customers who use natural gas for process heat and for onsite elec
U.S. exports of fuel ethanol fell for the second consecutive year
5/14/2021
The United States exported 87,000 barrels per day (b/d) of fuel ethanol in 2020, marking the second consecutive annual drop in U.S. fuel ethanol exports and the lowest level since 2015. U.S. fuel ethanol imports also decreased in 2020. In 2020, the United States exported more fuel ethanol than it imported for the 11th consecutive year.
Annual U.S. fuel ethanol exports fell by 9% in 2020. At the same time, the number of export destinations increased from 44 in 2019 to 52 in 2020. Approximately 40% of all U.S. fuel ethanol exports went to Brazil and Canada, although both countries decreased their imports of fuel ethanol from the United States compared with 2019.