Cal on April 19th, 2017

    China continues to increase its electricity generation from coal, which was up 7% year over year in the first quarter. As domestic coal production only increased by 4% during this quarter, the result is a surge in demand for imported coal which is expected to be 30 million tons higher this year than last year. […]

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Cal on March 26th, 2017

The US Energy Information Agency (EIA) forecasts US shale oil production will rise by some 300,000 barrels per day this year and another 500,000 b/d in 2018. Industry sources talk about increased efficiency and production gains, suggesting to many that the EIA’s forecast is conservative and that the US shale oil production increase may be higher. […]

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