Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) June 2021 In 2020, Iran produced less than 2 million barrels per day (b/d) of crude oil, an almost 40-year low in Iran’s production levels according to our analysis, which […]
Source: U.S. Energy Information Administration, Form EIA-923, Power Plant Operations Report The Tennessee Valley Authority (TVA) operates nearly 34,000 megawatts of electricity generating capacity—the most among government-owned electricity providers in the United States. Balancing authorities like the TVA […]
OPEC+ has not yet discussed President Biden’s call on the cartel to increase oil production in a bid to reduce prices at the pump for American drivers, Russian Sputnik reported, citing an unnamed source from […]
Canadian Prime Minister Justin Trudeau is planning a snap election for Sept. 20 to seek voter approval for the government’s costly plans to combat COVID-19, four sources familiar with the matter said on Thursday. Trudeau […]
Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) June 2021 In 2020, Iran produced less than 2 million barrels per day (b/d) of crude oil, an almost 40-year low in Iran’s production levels according to our analysis, which […]
EIA expects U.S. natural gas inventories to enter winter heating season below average Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In our August 2021 Short-Term Energy Outlook (STEO), we forecast U.S. inventories of natural gas will reach 3,592 […]
Greenhouse gas emissions from the U.S. energy industry are on track to surge the most in more than three decades as utilities increasingly turn to coal to power the economic recovery from the Covid-19 pandemic. […]
Updated August 11 to correct the May 2020 Midland crude oil production total. Source: Graph by the U.S. Energy Information Administration (EIA), based on EIA’s Petroleum Supply Monthly (U.S. and Texas) and data from Enverus Inc. (Midland Basin […]
Oil rebounded from a three-week low on expectations that the global economic recovery will withstand the latest virus onslaught, even as it takes a toll on fuel demand. Futures climbed toward $68 a barrel in […]
China’s outsize energy needs and its reliance on overseas suppliers have underpinned its foreign policy for decades. Now those needs are changing. The planet’s largest oil and coal importer wants to become greener and more […]
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