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EIA

Energy
Electrical Generation / Utilities

DAVID BLACKMON: A Reckoning Is Coming For The Failing Energy Transition

November 1, 2023 Mariel Alumit

It didn’t make a ton of news in the United States media, but a new study published by the International Energy Agency in mid-October emphasizes the enormous potential roadblock to a successful energy transition posed […]

Joe Biden
EIA News

EIA forecasts winter U.S. household expenditures higher on fuel oil and lower on propane

October 26, 2023 Mariel Alumit

October 26, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, Winter Fuels Outlook, October 2023 Note: Colder refers to a 10% colder winter than the base case. Warmer refers to a 10% warmer […]

Crude Oil News

USA EIA Releases Latest Brent Oil Price Forecasts

October 14, 2023 Mariel Alumit

The U.S. Energy Information Administration (EIA) has revealed its latest Brent spot average price forecasts for 2023 and 2024 in its October short term energy outlook (STEO), which was released this week. According to the […]

Price
EIA News

EIA expects most U.S. households will spend less on energy this winter

October 12, 2023 Mariel Alumit

October 12, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook: Winter Fuels Outlook We expect U.S. households that use natural gas and those that are located in the West (regardless of fuel type)—together […]

Solar
Electrical Generation / Utilities

Solar, Wind Energy Get Hundreds Of Times More Tax Incentives Than Oil And Gas

October 2, 2023 Mariel Alumit

Over the last 10 years, domestic solar capacity in the United States has grown 13-fold. Considering the amount of federal support the industry receives, that should be no surprise. Using data from the U.S. Energy […]

electric
EIA News

Battery storage seen as ‘backbone’ of reliable electric grid but adoption uneven across US

September 26, 2023 Mariel Alumit

SEARCY, Ark. — In the decarbonized future envisioned by many states, utilities and the federal government, expect more power plants like Entergy Arkansas’ facility here, where thousands of gleaming panels and banks of batteries spread […]

Gas
Exports

Breaking Records: Nat Gas Supply, Exports Driving U.S. Energy Growth

September 20, 2023 Mariel Alumit

As elites gather in New York City for Climate Week, record-breaking future supplies of natural gas and exports are lifting America’s energy and future environmental gains to new heights. Last week, data from the federal Energy […]

OPEC
Crude Oil News

OPEC Statement on peak fossil fuel demand

September 14, 2023 Mariel Alumit

On the International Energy Agency’s recent Op-Ed published on 12 September 2023, asserting that fossil fuel demand would peak before 2030, OPEC notes that consistent and data-based forecasts do not support this assertion. It is […]

Price
EIA News

Developers added 16.8 GW of U.S. utility-scale generating capacity in first-half 2023

August 8, 2023 Mariel Alumit

August 8, 2023 Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, June 2023 In the first half of 2023, developers added 16.8 gigawatts (GW) of new utility-scale electric generating capacity to the […]

Economic
Crude Oil News

Uncertainty In Oil Markets As Fundamentals Counter Economic Concerns

July 19, 2023 Mariel Alumit

Both WTI and Brent dropped in early trading on Wednesday before recovering as traders weigh economic concerns and tightening supply. The API reported a draw in crude and gasoline inventories which, if confirmed by the […]

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