Previously, chart-it observed that US coal consumption was in a multi-year decline but that US coal exports were up substantially. In this long overdue follow-up, we’ll review the state of US coal since 2014. Let’s start by revisiting US coal consumption through September 2017 and exports through June 2017, theRead More →
The Energy Information Administration (EIA), the main federal agency responsible for collecting and analyzing energy statistics, has been rolling out an application programming interface (API), allowing developers to more easily access their vast statistical database. In our energy series, chart-it will use the EIA’s API to explore their database for interesting observations aboutRead More →
Has the price of crude oil become more or less volatile over time? Gleaning at the news, it would seem that the price has become significantly more volatile with, perhaps, the growing number speculators to blame. Let’s take a look at the data. Let’s take a look at theRead More →
Earlier this week, we compared the drop in the price of crude oil in December 2014 to the historical volatility of crude oil prices to understand the magnitude of the change. Today, we’ll explore the historical relationship between crude oil prices and economic growth. We note that many research papersRead More →
The average monthly price of Brent crude oil fell approximately 20.7 percent in December. How does this compare to Brent’s historical price volatility? The chart below shows the frequency of certain percentage changes in the average monthly price of Brent from May 1987 to December 2014. The average monthly priceRead More →