Every October, in our Winter Fuels Outlook, we publish forecasts for residential energy consumption, prices, and expenditures for the upcoming winter months. Generally, these forecasts have performed well. Our October forecasts for energy expenditures during the […]
The US Energy Information Administration is expecting a 2 percent increase in US LNG exports this year compared to record 2023, while LNG exports are expected to rise 18 percent in 2025 due to new […]
U.S. manufacturers specializing in chemicals and petroleum refining have traditionally accounted for the largest shares of both hydrogen consumption and production, and they pay the least for it. With new legislation, we expect changes to […]
Daily Standup Top Stories California Emits More Greenhouse Gas Than All Other U.S. States Combined April 6, 2024 Stu Turley California, renowned for its stringent climate policies, has been identified as the leading emitter of sulfuryl […]
Influential voices have been urging the world to move full speed ahead on the energy transition. UN Secretary General Antonio Guterres has warned that without progress on climate, “people in all countries will pay a tragic […]
U.S. ethane production, consumption, and exports established new record highs in 2023, according to data from our Petroleum Supply Monthly. Continued growth in ethane consumption in the global petrochemical sector and rising ethane recovery associated with […]
(Updated – April 3, 2024 10:31 AM EDT) Crude Inventory 3.21M Barrels vs 9.4K Expected Cushing -377K Gasoline -4.26M vs -453K Expected Distillate -1.27M vs -663K Expected Summary of Weekly Petroleum Data for the week […]
NEW YORK, April 3 (Reuters) – Oil prices settled at their highest levels since late October on Wednesday as investors worried about supply disruptions from a worsening geopolitical landscape, although a jump in U.S. crude […]
One major beneficiary of sanctions on Russian and Venezuelan oil? US suppliers who’ve muscled their way into markets once dominated by OPEC and its allies. US oil exports have set five new monthly records since […]
U.S. natural gas production grew by 4% in 2023, or 5.0 billion cubic feet per day (Bcf/d), to average 125.0 Bcf/d, according to our Natural Gas Monthly. The Natural Gas Monthly was recently updated with natural gas production data through […]
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