A look back at our forecast for global crude oil prices in 2024
Benchmark Brent crude oil prices averaged $81 per barrel (b) in 2024, in line with the $82/b for the year that we had forecast in our January 2024 Short-Term Energy Outlook (STEO) and more in-depth analysis. In the January 2024 STEO, we forecast that markets would be relatively balanced in 2024, changing little from the 2023 average Brent price of $82/b. On an annual basis, our forecast for balanced markets was relatively accurate, as global inventories showed only a slight drawdown of 0.18 million barrels per day in 2024.
Looking back on geological activity in Yellowstone during 2024
Yellowstone Caldera Chronicles is a weekly column written by scientists and collaborators of the Yellowstone Volcano Observatory. This week's contribution is from Michael Poland, geophysicist with the U.S. Geological Survey and Scientist-in-Charge of the Yellowstone Volcano Observatory. Aerial view of Biscuit Basin, Yellowstone National Park, showing debris deposited by the July 23, 2024, hydrothermal explosion from Black Diamond Pool. Major features are labeled. The main debris field (within dashed yellow line) has a gray appearance. Photo taken by Joe Bueter, Yellowstone National Park, on July 23, 2024. In Yellowstone, 2024 will probably be remembered as the year of the hydrothermal
FEMA Encourages Virginians to Build Back Stronger and Prepare for the Future
FEMA Encourages Virginians to Build Back Stronger and Prepare for the Future BRISTOL, Va.—If you live in Virginia, there are resources and funding available to help you protect your home from future flooding and storms. FEMA Creates Phone Hotline with Home Rebuilding Tips Do you need information as you’re rebuilding so that you can reduce damage from future storms? If you need tips on mold cleanup, retrofitting for high winds, flood insurance, sealing foundation cracks, sump pumps, elevating utilities and more, call the FEMA Rebuilding Hotline at 1-833-FEMA-4US (833-336-2487) and press “3.” The hotline is open Monday to Friday
Daylight Savings Time Ends This Weekend: Three Steps for a Smart “Fall Back” into Fall
Daylight Savings Time Ends This Weekend: Three Steps for a Smart “Fall Back” into Fall CHICAGO – On Sunday, November 1, Daylight Saving Time ends, and we set our clocks back an hour. Take advantage of extra sleep then take a few simple steps to ensure you, your family and your home stay safe into the colder months ahead. “As we near the end of 2020, we need to continue preventing the spread of COVID-19 through social distancing, mask wearing and hand washing. It’s also important to prepare for other types of disaster risks; consider using the extra hour this
Photo and Video Chronology — Getting webcams back online at Mauna Loa summit
Mauna Loa summit webcams have been down for several months due to wind damage at the radio telemetry site. On November 7, 2024, HVO staff visited the site and performed a partial fix that brought the webcams back online. November 7, 2024 — Mauna Loa HVO staff made a visit to the windy and cold summit region of Mauna Loa on Thursday, November 7, 2024. There, they inspected the radio telemetry site, with clear views of Mauna Kea, and found wind damage to several components. High winds at the summit of Mauna Loa had ripped several solar panels from their