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EIA

Crude Oil News

Oil Jumps on Fuel Inventory Draws

November 14, 2024 Clark Savage

Crude oil prices moved higher today after the U.S. Energy Information Administration reported an inventory build of 2.1 million barrels for the week to November 8. In fuels, however, inventories fell. At the time of writing, Brent crude was […]

electricity
EIA News

U.S. electricity exports to Canada have increased since September 2023

November 13, 2024 Andy Del Prado

For the better part of two decades, Canada has exported significantly more electricity to the United States than it imported. However, in the fall of 2023, electricity trade between the two countries became more balanced. […]

U.S. production
EIA News

U.S. associated natural gas production increased nearly 8% in 2023

November 13, 2024 Mariel Alumit

U.S. production of associated-dissolved natural gas, or associated natural gas, increased 7.9% in 2023 compared with 2022, averaging 17.1 billion cubic feet per day (Bcf/d) last year, according to data from Enverus Drillinginfo. Associated natural gas […]

hydropower generation
EIA News

Drought conditions reduce hydropower generation, particularly in the Pacific Northwest

November 7, 2024 Andy Del Prado

In our latest Short-Term Energy Outlook (STEO), we forecast that electricity generation from U.S. hydropower plants in 2024 will be 13% less than the 10-year average, the least amount of electricity generated from hydropower since 2001. Extreme […]

U.S. fuel ethanol exports
EIA News

U.S. fuel ethanol exports rise on strong international demand and low U.S. prices

November 6, 2024 Mariel Alumit

U.S. fuel ethanol exporters are on track to export a record amount of the fuel in 2024. The increase in exports this year has largely been driven by demand in countries with biofuel blending mandates […]

U.S. summer nuclear outages
EIA News

U.S. summer nuclear outages declined in 2024, returning to 2022 levels

November 5, 2024 Andy Del Prado

Average U.S. nuclear capacity outages during the summer of 2024 (June 1 through August 31) decreased to about 2.6 gigawatts (GW) per day from 3.1 GW in 2023, similar to average summer daily outages in 2022. Outages […]

U.S. exports of ethane and ethane-based petrochemicals
EIA News

U.S. exports of ethane and ethane-based petrochemicals rose 135% from 2014 to 2023

November 4, 2024 Andy Del Prado

U.S. exports of ethane and ethane-based petrochemicals reached an all-time high of 21.6 million metric tons (MMmt) in 2023, up 135% since the United States began exporting ethane in 2014 and 17% more than in […]

oil
Crude Oil News

Oil Steady After EIA Confirms Draw in Crude, Gasoline Inventories

October 30, 2024 Mariel Alumit

Crude oil prices remained largely unchanged today, after the U.S. Energy Information Administration reported an inventory draw of a modest half a million barrels for the week to October 25. At the time of writing, Brent crude was trading […]

Carbon Capture

US Funding for Small Reactors

October 17, 2024 Andy Del Prado

Daily Standup Top Stories US opens applications for $900 million for small nuclear reactors October 16, 2024 Mariel Alumit WASHINGTON, Oct 16 (Reuters) – The U.S. on Wednesday opened applications for up to $900 million […]

electricity
Electrical Generation / Utilities

‘Age of electricity’ to follow looming fossil fuel peak, IEA says

October 16, 2024 Mariel Alumit

LONDON, Oct 16 (Reuters) – The world is on the brink of a new age of electricity with fossil fuel demand set to peak by the end of the decade, meaning surplus oil and gas […]

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