Planck E PressCenter - Reports

Energy Week in Review #49/2023

Location: Amsterdam, Netherlands
Date published: 2023-09-14
Date modified: 2023-09-14
Reading time: 00:02:09

Author: Caspar Bensik

Energy Week in Review #49/2023

Crude Oil

Between September 06 and September 12, 2023, the WTI (Western Texas Intermediate) crude oil contracts closed trading at US$ 87.30, losing 0.3% in a week, and US$ 1.58 less than a year ago. The spread with Brent Crude Oil Spot Price on September 12, was US$4.67.

U.S. oil production averaged 12.900 million barrels per day, 0.78% more than 1 week ago, but 0.800 MMB/D more than 1 year ago.

Crude Oil and Petroleum Products imports to the U.S. equated to 9.483 MMB/D, up 0.650 MMB/D from one week ago and an increase of 0.501 MMB/D compared to one year back. On the other hand, U.S. Crude Oil and Petroleum exports reached 9.052 MMB/D, 2.374 MMB/D down from one week ago and falling behind 1.144 MMB/D relative to one year ago.

U.S. crude oil refinery net inputs reached 16.800 MMB/D, up 0.177 MMB/D from one week ago and up 0.445 MMB/D compared to the same period last year.

Regarding the number of days of crude oil supply in the U.S., the week ended with the mark of 25.2, 0.2 days more than one week ago, and down 1.5 days compared to one year ago.

In relation to petroleum derivatives, we had the following price changes during the week:

Product (NY Harbor)

Price per gallon

% Change
1 Week

US$ Change
1 Year
Conventional Gasoline US$ 2.925 2.06% US$ 0.147
Heating Oil US$ 3.217 5.51% US$ -0.026
Diesel Fuel (Ultra-low-sulfur) US$ 3.302 5.53% US$ -0.113
Kerosene US$ 3.145 5.04% US$ 0.000

Natural Gas

The Henry Hub spot price rose by US$ 0.230 from September 05, to close at US$ 2.720 MMBtu on September 12. Compared to one year ago, the NG price decreased by US 5.980 MMBtu.

The total supply of U.S. natural gas was 115.0 billion cubic feet in the week ending on 09/12, which is 0.5 bcf/d less than a week ago and 1.2 bcf/d more than a year ago. Concerning U.S. demand, the last measured week reached 72.3 bcf/d, up 0.099999999999994 bcf/d from a week ago and up 2.4bcf/d during a year.


The most recent U.S. price indicators for electricity (06/2023) indicate an average residential retail price of US$ 16.11/kWh (-1.23% in one year), an average industrial price of US$ 8.21/kWh (-10.95% in one year) and an average transportation price of 12.45/kWh (-1.19% in one year).

Electricity Generation (Megawatthours - daily average):

Source 09/12/2023 % Change 1 Week % Change 1 Year
Wind 23,939 -42.24% -54.05%
Solar 17,807 -22.08% 3.10%
Hydro 24,809 -9.38% 2.63%
Other 10,177 -13.10% -0.83%
Petroleum 577 -67.93% -38.19%
Natural Gas 227,537 -12.17% 22.42%
Coal 92,010 -17.31% 8.22%
Nuclear 92,116 -0.41% 3.58%
Total 488,972 -13.91% 5.25%

EIA Price Forecast

Energy Type

Forecast 12/2024

WTI (dollars per barrel)


Brent (dollars per barrel)


Natural Gas (dollars per thousand cubic feet)


Electricity - Residential Retail (cents per kilowatt-hour)


This weekly Energy Report was crafted by Planck E with sources from: and

For emission reduction purposes, we recommend the book The Science behind Carbon Credits and their Calculation.

Most Recent Presscenter Reports

Planck E - Books


  • energy week review
  • petroleum week review
  • natural gas market review
  • electricity week review
  • gasoline week review

For further information about Planck E PressCenter, please contact us.

Divulging ingenious solutions

The mission of the Planck E PressCenter is to promote ideas, products and theories that have not yet reached the mainstream, as captured in our first release Eccentrics and their Ingenious Solutions.

BeInG Data Training

Open your mind to a revolutionary approach to business intelligence and big data.


Sign up for our weekly Planck E Newsletter, complete with the latest ingenious solutions.
Click here for the signup form.

Submit your ingenious solution

We encourage you to submit your ingenious solution, article, press release or "out of the mainstream" technical idea for publication on the Planck E PressCenter. Please send us an e-mail to and enquire how.

To learn more about holistic engineering, solutions inspired by nature, monetization of diseconomies, training courses or the incorporation of Being Data to your day-to-day, please follow us on the social networks.