At lunchtime, on Nov 27th, estimated demand in NSW was around 12,000 MW with a long period of extremely high spot prices: Fig 1: NSW electricity demand and forecast spot prices at…
Author: matt
Matt Mushalik (MEAust, CPEng)
Sydney
US crude oil exports 2014 to August 2024
The US exported 4.2 mb/d of crude oil in the last 12 months to August 2024. Exports have substantially increased after an export ban ended in December 2015. Flashback: This crude oil…
US crude oil imports by gravity and country of origin (part 2)
This post is a continuation of part 1 https://crudeoilpeak.info/us-crude-oil-imports-by-gravity-and-country-of-origin-part-1 All data are from this website: http://www.eia.gov/dnav/pet/pet_move_impcus_a2_nus_epc0_im0_mbblpd_m.htm Fig 10: US imports from Africa US crude imports from Africa declined dramatically between 2009 and…
US crude oil imports by gravity and country of origin (part 1)
Despite a boom in shale oil production, the US is still importing 6.6 mb/d of crude oil. while also exporting 4.2 mb/d, resulting in a net import of 2.4 mb of crude…
Russian oil quota history December 2018 – June 2024
Continued from previous post Non-OPEC 10 oil production plateau ended 2019 20 Oct 2024 https://crudeoilpeak.info/non-opec-10-oil-production-plateau-ended-2019 Now let’s check how actual production compares to OPEC quotas. The focus here is on the period…
Non-OPEC 10 oil production plateau ended 2019
In December 2016, OPEC signed an agreement with 10 non-OPEC oil-producing countries to form OPEC+ in response to falling oil prices. “The joint conference noted that OPEC Member Countries met on 30 November 2016 and decided to implement a production adjustment of 1.2 million barrels a day, effective from 1 January…
Sydney is about to close rail line amid high risk of Middle East oil crisis
T3 Bankstown line to close from Monday 26 Sep 2024 The closure of the T3 Bankstown line between Sydenham and Bankstown will begin from Monday 30 September to convert the line to…
OPEC12 peak 2016-2018
Fig 1: OPEC12 crude production peaked 2015-2018 Crude oil in the EIA statistics includes condensate (C&C). The data are around 2.2 mb/d higher than the crude only published in OPEC’s Monthly Oil…
Australia’s Diesel import vulnerabilities update May 2024
Given the increase in Middle East tensions after the assassination of Ismail Haniyeh on 31 July 2024 in Tehran, it is time to look at Australian oil vulnerabilities Diesel consumption increased 3.5%…
More power price spikes on Australia’s east coast on 5 Aug 2024 lasting more than 2 hours
On 5 August 2024 Australia’s east coast experienced power price spikes in all States, only 5 days after it already happened on 31 July. Prices climbed as high as $17,500/MWh in NSW….