News
Vital statistics for oil
Last month the Department of Energy and Climate Change published its Energy Trends and Quarterly Energy Prices covering new data for Q4 2012 and provisional annual data for 2012.
Key findings
• The UK’s total energy production was 10½% lower than in 2011
• Imports in 2012 were at a record high, with exports at their lowest level since 1989
• Oil production was 14½% lower than in 2011 – the lowest annual production volume since the current reporting system began
• Production of petroleum products was down 8½%, with the closure of Coryton in July 2012 a key factor
• Compare to Q4 2011, the cost of heating oil increased by 2.7%
• Based on a fixed consumption level of 3,300 kWh, the average electricity bill in 2012 increased by £26, compared to 2011
• Based on a fixed consumption level of 18,000 kWh, the average 2012 domestic gas bill rose by £81, compared to 2011
Oil quarterly tables ET 3.1 – 3.7 are available on the DECC section of the gov.uk website at:
www.gov.uk/government/organisations/department-of-energy-climate-change/series/oil-statistics
Energy Trends and the Quarterly Energy Prices bulletins, published quarterly, are available in hard copy from DECC on subscription, price £40 per annum and on the DECC section of the gov.uk website at
www.gov.uk/government/organisations/department-of-energy-climate-change/about/statistics