The share of electric and hybrid vehicle sales in the United States increased in the second quarter of 2024 (2Q24) after a slight decline in 1Q24. Combined U.S. sales of hybrid vehicles, plug-in hybrid electric vehicles, […]
A series of refinery outages in Chicago and Ohio have generally increased Midwest prices for petroleum products relative to the U.S. average, particularly gasoline. The outages reflect an unusual decline in refining activity near the […]
In our latest Short-Term Energy Outlook (STEO), we forecast that crude oil production in the United States will grow to an average of 13.7 million barrels per day (b/d) and marketed natural gas production will grow to an average […]
According to our latest Preliminary Monthly Electric Generator Inventory, developers and power plant owners added 20.2 gigawatts (GW) of utility-scale electric generating capacity in the United States during the first half of 2024. This new capacity […]
Our estimates of diesel consumption in China totaled 3.9 million barrels per day (b/d) in June 2024, a decline of 11% from the same month last year and the largest year-over-year decline in consumption for […]
Oil prices initially rose on a smaller-than-expected US producer price increase and the API’s report of declining crude oil inventories. Optimism faded after the EIA reported an inventory build, causing prices to fall. Geopolitical tensions […]
Uranium miners in the United States produced more than 82,000 pounds of uranium concentrate in the first quarter of 2024, more than in all of 2023. Domestic uranium mines produced 50,000 pounds of triuranium octoxide […]
DENVER, Aug 7 (Reuters) – U.S. crude oil stockpiles fell more than expected last week, while gasoline and distillate inventories rose as refining activity picked up and demand dropped, the Energy Information Administration (EIA) said […]
In our latest Short-Term Energy Outlook, we forecast that U.S. working natural gas inventories will be 3,954 billion cubic feet (Bcf) by the end of October, the most natural gas in U.S. storage since November 2016. […]
In the first five months of 2024, U.S. imports of renewable diesel averaged 30,000 barrels per day (b/d), approaching the monthly record set in May 2023. Most of the imports (94%) were destined for the U.S. West Coast, […]
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