Motor gasoline exports from the United States reached record highs in May, June, and July for each of these months, according to our Petroleum Supply Monthly (PSM). Summer exports in May, June, and July reflect […]
In our International Energy Outlook 2021 (IEO2021) Reference case, we project that, absent significant changes in policy or technology, global energy consumption will increase nearly 50% over the next 30 years. Although petroleum and other […]
Today at 10 a.m., we are releasing our International Energy Outlook 2021 (IEO2021). In the IEO2021 Reference case, which assumes current laws and regulations, we project that strong economic growth and growing populations will drive […]
In June of this year, China implemented a new consumption tax policy that affects imports of two fuels: mixed aromatics, which were blended into gasoline, and light cycle oil, which was blended into diesel. These […]
According to our 2018 Commercial Buildings Energy Consumption Survey (CBECS), LED lightbulbs had become the second-most common type of lightbulb in commercial buildings. LED bulbs were reported in 9% of commercial buildings in 2012, but […]
Of the 14.5 gigawatts (GW) of battery storage power capacity planned to come online in the United States from 2021 to 2024, 9.4 GW (63%) will be co-located with a solar photovoltaic (PV) power plant, […]
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 […]
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 […]
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