Source: U.S. Energy Information Administration, Natural Gas Monthly and Short-Term Energy Outlook (STEO) Based on our September Short-Term Energy Outlook, we expect industrial sector natural gas consumption to rise throughout 2021 and to exceed pre-pandemic 2019 levels. We forecast the growth […]
NEW YORK, Sept 22 (Reuters) – The administration of U.S. President Joe Biden is considering big cuts to the nation’s biofuel blending requirements, according to a document seen by Reuters, a move triggered by a […]
In our latest Short-Term Energy Outlook (STEO), we forecast that electricity generation from U.S. hydropower plants will be 14% lower in 2021 than it was in 2020. Extreme and exceptional drought conditions have been affecting […]
Source: U.S. Energy Information Administration (EIA), based on EIA’s Monthly Energy Review and data from the U.S. Census Bureau In 2020, the U.S. net merchandise trade value of energy products—the value of petroleum, natural gas, coal, and electricity exports less the […]
Source: U.S. Energy Information Administration, Weekly Petroleum Status Report and Working and Net Available Shell Storage Capacity Report Note: Crude oil inventories shown here are total stocks minus pipeline fill and stocks in transit by water, rail, and truck. Crude […]
Soaring gas prices that threaten to push up winter fuel bills, hurt consumption and exacerbate a near-term spike in inflation are another blow to a world economy just getting back on its feet after the […]
As Category 4 Hurricane Ida made landfall along the Southeast coast of Louisiana near New Orleans on August 29, 2021, the electric load in the southern region of the Midcontinent Independent System Operator (MISO) decreased. […]
Hurricane Ida resulted in service outages for up to 1.2 million electricity customers across eight states, according to situation reports from the U.S. Department of Energy’s Office of Cybersecurity, Energy Security, and Emergency Response (CESER). […]
On Sunday, August 29, Hurricane Ida made landfall near Port Fourchon, Louisiana, as a Category 4 hurricane. As a result of the hurricane, 96% of crude oil production and 94% of natural gas production in […]
Our Petroleum Supply Monthly trade data show that the United States exported more crude oil and petroleum products than it imported during the first half of 2021 by 120,000 barrels per day (b/d), or less […]
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