July 10, 2023 Data source: U.S. Energy Information Administration, Petroleum Supply Monthly Last year, U.S. West Coast distillate consumption, as measured by product supplied, was at its lowest since 2002 and is on […]
June 8, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, June 2023 We forecast that the largest increases in U.S. electricity generation this summer (June, July, and August) will come from solar, wind, […]
June 7, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook According to our Short-Term Energy Outlook (STEO), U.S. electricity generation from natural gas reached a record-high 619 billion kilowatthours (BkWh) during the most […]
The Energy Information Administration has increased its forecast for U.S. oil production this year, projecting an increase of 720,000 barrels per day. While it expects U.S. oil production to increase, the EIA sees demand for […]
June 1, 2023 Data source: S&P Global Commodity Insights, China National Bureau of Statistics, China Energy Statistical YearbooksNote: Industrial consumption includes natural gas feedstock. Other includes district heating and transport. In 2022, annual […]
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 […]
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 […]
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 […]
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 […]
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 […]
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