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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 […]

Price
EIA News

OPEC+ production cuts drive up sour crude oil price around the world

September 25, 2023 Mariel Alumit

Data source: Bloomberg L.P. Note: The figure is based on the five-day moving average of the price spread between Dated Brent and Dubai Fateh. Crude oil production cuts among OPEC+ members are limiting the global […]

Price
EIA News

Ecuador has continued to expand use of hydroelectric power

September 21, 2023 Mariel Alumit

September 21, 2023 Data source: U.S. Energy Information Administration, International Energy Statistics Hydropower has played a key and growing role in Ecuador’s electricity mix by displacing fossil fuels and helping meet higher domestic electricity demand. […]

Price
EIA News

The United States surpassed two million on-road light-duty electric vehicles in 2021

September 20, 2023 Mariel Alumit

September 20, 2023 Data source: U.S. Energy Information Administration, Monthly Energy Review, August 2023; S&P Global Mobility, Vehicles in Operation In 2021, the number of U.S. registered light-duty electric vehicles (EV) on the roads reached […]

Price
EIA News

Changes in U.S. residential natural gas prices lag spot prices

September 19, 2023

 September 19, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook Monthly average natural gas wholesale spot prices at the U.S. benchmark Henry Hub have been generally declining so far in 2023, […]

Price
EIA News

China imported record volumes of crude oil in the first half of 2023

September 18, 2023

 September 18, 2023 Data source: China General Administration of Customs, as compiled by Bloomberg, L.P. Record volumes of crude oil were imported into China during the first half of 2023 because of refinery […]

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