Energy Update

(Thu, 14 Jan 2016) Based on EIA's weekly survey of gasoline prices, the U.S. average retail price for regular gasoline fell to $1.996 per gallon (gal) on January 11, falling below $2.00/gal for the first time since March 23, 2009. The U.S. average retail regular gasoline price had last approached, but not gone below, the $2.00 mark in early 2015. Falling gasoline prices are a result of falling crude oil prices and the seasonal slowdown in gasoline demand.

PUNTO FIJO, Venezuela, Jan 13 (Reuters) - Venezuelan state oil company PDVSA said on Wednesday it had begun restarting operations at its massive 955,000-barrel-per-day Paraguana refinery complex following a blackout.

Jan 13 (Reuters) - U.S.

Many hydropower plants are fed by reservoirs that are used by homeowners, boaters, swimmers, hikers, wildlife and others. The operating license issued by the Federal Energy Regulatory Commission may have conditions that require a minimum water release to benefit wildlife, tourism and recreational activities.