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U.S. residential electricity bills increased 5% in 2022, after adjusting for inflation

May 31, 2023 Mariel Alumit

May 31, 2023 Data source: U.S. Energy Information Administration, Monthly Electric Power Industry Report and Annual Electric Power Industry Report Note: Real prices are adjusted for inflation. In nominal terms, the average monthly electricity bill […]

Price
EIA News

U.S. energy insecure households were billed more for energy than other households

May 30, 2023 Mariel Alumit

May 30, 2023 Data source: U.S. Energy Information Administration, 2020 Residential Energy Consumption Survey (RECS) Note: Square footage is derived from RECS respondent estimates and represents the energy-consuming area of housing units. On average, households […]

Price
EIA News

EIA explores effects of liquefied natural gas exports on the U.S. natural gas market

May 24, 2023 Mariel Alumit

May 24, 2023 Data source: U.S. Energy Information Administration, Annual Energy Outlook 2023 (AEO2023) Note: Shaded regions represent maximum and minimum values for each projection year across the AEO2023 Reference case and side cases. LNG=liquefied […]

Price
Crude Oil News

EIA expects lower crude oil prices for the second half of 2023 and for 2024

May 22, 2023 Mariel Alumit

Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, May 2023 We lowered our crude oil price forecast for the rest of 2023 and for 2024 in our May Short-Term Energy Outlook (STEO) because of […]

Price
EIA News

Texas and New Mexico led U.S. crude oil production in 2022

May 18, 2023 Mariel Alumit

May 18, 2023 Reposted to correct data errors. Data source: U.S. Energy Information Administration, Crude Oil and Natural Gas Production U.S. crude oil production grew 5.6%, or 0.6 million barrels per day (b/d), in 2022 […]

Price
EIA News

U.S. propane consumption last winter was the lowest since at least 2010

May 17, 2023 Mariel Alumit

 May 17, 2023 Data source: U.S. Energy Information Administration, Petroleum Supply MonthlyNote: Propane consumption is measured as product supplied. We estimate that U.S. propane consumption averaged 0.986 million barrels per day (b/d) during […]

Price
EIA News

U.S. Henry Hub natural gas price expected to increase from recent lows

May 16, 2023 Mariel Alumit

May 16, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In our May Short-Term Energy Outlook (STEO), we expect the U.S. benchmark Henry Hub natural gas spot price to increase throughout 2023 […]

Price
EIA News

Incentives and lower costs drive electric vehicle adoption in our Annual Energy Outlook

May 15, 2023 Mariel Alumit

May 15, 2023 Data source: U.S. Energy Information Administration, Annual Energy Outlook 2023 (AEO2023) According to our Annual Energy Outlook 2023 (AEO2023), we project that electric vehicles (EVs), including both battery-electric vehicles (BEVs) and plug-in […]

Price
EIA News

What is OPEC+ and how is it different from OPEC?

May 9, 2023 Mariel Alumit

May 9, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, April 2023 Note: OPEC oil totals are crude oil; OPEC+ oil totals are crude oil and lease condensate. The Organization of the Petroleum […]

Price
EIA News

Europe ended winter 2022-23 with the most natural gas in storage on record

May 8, 2023 Mariel Alumit

May 8, 2023 Data source: Gas Infrastructure Europe, Aggregated Gas Storage Inventory (AGSI+) Note: Percentages calculated by AGSI+. Figures shown are for the first day of each month. As of April 1, natural gas storage […]

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