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Plant(s): View 2 related plants in PECWeb
Released May 04, 2023 | SUGAR LAND
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Energy Market highlights gathered by Industrial Info and IIR Energy
CRUDE OIL
U.S. Crude Oil Stocks Fall - The U.S. Energy Information Administration (EIA) reports that U.S. crude oil inventories fell by 1.3 million barrels in the week ending April 28 to 459.6 million barrels. Crude oil in the Strategic Petroleum Reserve declined 2 million to 364.9 million barrels, its lowest since October 1983. Gasoline stocks rose by 1.7 million barrels to 222.9 million barrels, the EIA said. Distillate stockpiles fell by 1.2 million barrels to 110.3 million barrels. (Reuters)
POWER
Duke Energy Completes Two Florida Solar Plants - Duke Energy Corporation (NYSE:DUK) (Charlotte, North Carolina) announced that it recently brought online the Bay Ranch solar facility in Bay County, Florida, and the Hardeetown solar plant in Levy County, Florida. Both plants have a nameplate generating capacity of 74.9 megawatts. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can view the reports on the Bay Ranch and Hardeetown projects. (Reuters)
NATURAL GAS
U.S. Natural Gas Futures Slide - U.S. natural gas futures slid about 2% to a one-week low on Wednesday as drillers keep pulling record amounts of gas out of the ground, mild weather kept demand low and the amount of gas flowing to liquefied natural gas (LNG) export plants declined as units shut for spring maintenance. Front-month gas futures for June delivery on the New York Mercantile Exchange fell 4.4 cents, or 2.0%, to settle at $2.170 per million British thermal units. (Reuters)
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About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
CRUDE OIL
U.S. Crude Oil Stocks Fall - The U.S. Energy Information Administration (EIA) reports that U.S. crude oil inventories fell by 1.3 million barrels in the week ending April 28 to 459.6 million barrels. Crude oil in the Strategic Petroleum Reserve declined 2 million to 364.9 million barrels, its lowest since October 1983. Gasoline stocks rose by 1.7 million barrels to 222.9 million barrels, the EIA said. Distillate stockpiles fell by 1.2 million barrels to 110.3 million barrels. (Reuters)
POWER
Duke Energy Completes Two Florida Solar Plants - Duke Energy Corporation (NYSE:DUK) (Charlotte, North Carolina) announced that it recently brought online the Bay Ranch solar facility in Bay County, Florida, and the Hardeetown solar plant in Levy County, Florida. Both plants have a nameplate generating capacity of 74.9 megawatts. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can view the reports on the Bay Ranch and Hardeetown projects. (Reuters)
NATURAL GAS
U.S. Natural Gas Futures Slide - U.S. natural gas futures slid about 2% to a one-week low on Wednesday as drillers keep pulling record amounts of gas out of the ground, mild weather kept demand low and the amount of gas flowing to liquefied natural gas (LNG) export plants declined as units shut for spring maintenance. Front-month gas futures for June delivery on the New York Mercantile Exchange fell 4.4 cents, or 2.0%, to settle at $2.170 per million British thermal units. (Reuters)
About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.
About Industrial Info
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
