July 13, 2023 Data source: U.S. Energy Information Administration, UPLAN model simulation of ERCOT power market, and Potomac Economics, State of the Market Report for the ERCOT Electricity Market, May 2023 We project combined wind […]
Forecast overview U.S. economy. Our forecast assumes U.S. GDP growth of 1.5% in 2023 and 1.3% in 2024, which is revised up from last month’s forecast of 1.3% in 2023 and 1.0% in 2024. The upward […]
July 11, 2023 Data source: Evaluate Energy International proved crude oil and natural gas reserves held by 187 publicly traded global exploration and production (E&P) companies declined by 5.6 billion barrels of oil equivalent (BOE) […]
July 6, 2023 Data source: U.S. Energy Information Administration and Enverus In southeastern New Mexico, horizontal wells in Lea and Eddy counties drove much of the recent growth in Permian Basin crude oil output. Output […]
June 29, 2023 Data source: U.S. Energy Information Administration, Monthly Energy Review Primary energy consumption in the United States was 100.4 quadrillion British thermal units (quads) in 2022, a 3% increase from 2021. About 21% […]
June 28, 2023 Data source: Standard International Trade Classification data published by the U.S. Census Bureau Note: Real prices are adjusted for inflation. In 2022, energy trade between the United States and Mexico increased substantially […]
June 26, 2023 Data source: North American Electric Reliability Corporation (NERC), 2023 Summer Reliability Assessment If temperatures spike this summer, parts of the United States could face electricity supply shortages as demand for cooling increases, […]
July 5, 2023 Data source: CEDIGAZ, 2022 and International Group of Liquefied Natural Gas Importers (GIIGNL), 2012-2021Note: GIIGNL has not released its 2022 report. In 2022, global trade in liquefied natural gas (LNG) […]
June 21, 2023 Data source: California Independent System Operator (CAISO) As more solar capacity has come online in California, grid operators at the California Independent System Operator (CAISO) have observed a drop in net load […]
July 20, 2023 Data source: U.S. Energy Information Administration, State Energy Data System California accounts for nearly all renewable diesel consumption in the United States, but most of it isn’t made in the […]
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