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EIA News

EIA projects global consumption will outpace efficiency gains in most cases

October 11, 2023 Mariel Alumit

October 11, 2023 Data source: U.S. Energy Information Administration, International Energy Outlook 2023 (IEO2023) In our International Energy Outlook 2023 (IEO2023), we project that global energy-related CO2 emissions will increase by 2050 in a number […]

Price
EIA News

U.S. crude oil exports reached a record high in first half of 2023

October 10, 2023 Mariel Alumit

 October 10, 2023 Data source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. crude oil exports in the first half of 2023 averaged 3.99 million barrels per day (b/d), which is a record […]

Price
EIA News

Peak hourly U.S. electricity demand in July was the second highest since 2016

October 5, 2023 Mariel Alumit

October 5, 2023 Data source: U.S. Energy Information Administration, Hourly Electric Grid Monitor On July 27, 2023, peak hourly electricity demand in the continental United States reached 741,815 megawatthours (MWh). This peak was the second […]

Price
EIA News

U.S. construction costs dropped for solar, wind, and natural gas-fired generators in 2021

October 3, 2023 Mariel Alumit

 October 3, 2023 Data source: U.S. Energy Information Administration, Electric Generator Construction Costs and Annual Electric Generator Report The average construction costs for solar photovoltaic systems, wind turbines, and natural gas-fired electricity generators […]

Price
EIA News

U.S. petroleum product exports set new record in the first half of 2023

October 2, 2023 Mariel Alumit

 October 2, 2023 Data source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. petroleum product exports totaled nearly 6.0 million barrels per day (b/d) in the first half of 2023, 2% more than […]

Price
EIA News

Weather events have reduced our forecast of U.S. hydropower generation by 6% this year

September 28, 2023 Mariel Alumit

 September 28, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, September 2023 Weather events in the U.S. Northwest this past spring and summer led to lower water supply, prompting us to […]

Price
EIA News

Southern California working natural gas storage increases with higher cap at Aliso Canyon

September 27, 2023 Mariel Alumit

 September 27, 2023 Data source: SoCalGas Envoy On August 31, the California Public Utilities Commission (CPUC) voted to increase working natural gas storage by 67% to 68.6 billion cubic feet (Bcf) at Aliso […]

electric
EIA News

Battery storage seen as ‘backbone’ of reliable electric grid but adoption uneven across US

September 26, 2023 Mariel Alumit

SEARCY, Ark. — In the decarbonized future envisioned by many states, utilities and the federal government, expect more power plants like Entergy Arkansas’ facility here, where thousands of gleaming panels and banks of batteries spread […]

Kuwait
Crude Oil News

Kuwait’s oil exports shift from crude oil to petroleum products

September 26, 2023 Mariel Alumit

Data source: Kpler tanker tracking data (accessed August 2023) Kuwait’s oil exports are shifting from crude oil to refined petroleum products following the addition of new refining capacity, according to data in our recently updated Country Analysis […]

Price
EIA News

Kuwait’s oil exports shift from crude oil to petroleum products

September 26, 2023 Mariel Alumit

September 26, 2023 Data source: Kpler tanker tracking data (accessed August 2023) Kuwait‘s oil exports are shifting from crude oil to refined petroleum products following the addition of new refining capacity, according to data in […]

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