In our June 2022 Short-Term Energy Outlook (STEO), we forecast that U.S. refinery utilization will be relatively high this summer in response to strong wholesale prices for petroleum products, such as diesel and gasoline, which have increased more than […]
Annual jet fuel consumption in the United States grew in 2023 for the third year in a row but remained below the pre-pandemic peak in 2019, suggesting U.S. aviation had not fully returned to normal […]
Electricity demand in the eastern and midwestern United States increased in June as a heatwave settled across the Midwest, mid-Atlantic, and Northeast regions of the United States. Demand across the Eastern Interconnection—which covers much of the […]
As wind generation capacity has grown in the Midwest of the United States, grid operators have increasingly restricted wind generation because of both oversupply and congestion on the grid. Grid operators in the areas overseen […]
In 2023, energy production in the United States rose 4% to nearly 103 quadrillion British thermal units (quads), a record. Energy consumption in the United States fell 1% to 94 quads during the same period. Production […]
Updated June 24 to clarify deliveries to Everett LNG comprised all LNG delivered by ship to New England in 2023. Some LNG imported into New England was delivered by truck. Data source: U.S. Energy Information Administration […]
Electricity demand in New England surged this week as high temperatures persisted through much of the United States. Demand in the electric grid territory of New England’s Independent System Operator (ISO-NE) peaked at 23,324 megawatts […]
We estimate the annual reported volume of natural gas that is vented or flared in the United States declined to 0.5% of gross withdrawals in 2023, based on preliminary state and federal data. We estimate this percentage will be the lowest […]
Operable atmospheric crude oil distillation capacity, our primary measure of refinery capacity in the United States, increased by 2%, or 324,000 barrels per day (b/d), in 2023, according to our recently published Refinery Capacity Report. Every […]
Beginning with this month’s Short-Term Energy Outlook (STEO), we are including new regional crude oil and natural gas production forecasts to provide a more complete breakout of U.S. Lower 48 (L48) states production data. We will include […]
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