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crude
Crude Oil News

U.S. crude oil production will increase to new records in 2023 and 2024

January 25, 2023 Mariel Alumit

January 25, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, January 2023 In our January 2023 Short-Term Energy Outlook, we forecast that crude oil production in the United States will average 12.4 million […]

Price
EIA News

Daily natural gas spot prices in western United States exceed $50.00/MMBtu in December

January 24, 2023 Mariel Alumit

January 24, 2023 Data source: Natural Gas Intelligence On December 21, 2022, daily natural gas spot prices at three major trading hubs in the western United States (Pacific Gas & Electric [PG&E] Citygate, Northwest Sumas […]

plants
EIA News

Nuclear power plants generated 68% of France’s electricity in 2021

January 23, 2023 Mariel Alumit

January 23, 2023 Data source: U.S. Energy Information Administration, International Energy Statistics–France France has one of the largest nuclear power programs in the world. Nuclear power plants in France generated 361 billion kilowatthours of electricity […]

Oil up slightly but bearish of U.S. data, crude stocks build
Crude Oil News

Oil up slightly but bearish of U.S. data, crude stocks build

January 19, 2023 Mariel Alumit

Oil futures gained slightly on Thursday, even in the face of recession fears as a sharp decline in  U.S. retail sales and manufacturing output muddied the outlook for demand, while industry data showing a surprise […]

renewables
EIA News

Increasing renewables likely to reduce coal and natural gas generation over next two years

January 19, 2023 Mariel Alumit

January 19, 2023 As of January 1, 2023, we are now publishing four new Today in Energy articles each week, from Monday through Thursday. Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In […]

U.S
EIA News

EIA forecasts lower wholesale U.S. natural gas prices in 2023 and 2024

January 18, 2023 Mariel Alumit

January 18, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In our January Short-Term Energy Outlook (STEO), we forecast the natural gas spot price at the U.S. benchmark Henry Hub will average […]

commercial
EIA News

U.S. commercial buildings consumed more fuel for space heating than anything else in 2018

January 17, 2023 Mariel Alumit

January 17, 2023Data source: U.S. Energy Information Administration, Commercial Buildings Energy Consumption Survey Note: Btu = British thermal units In 2018, nearly one-third (32%) of the energy consumed by commercial buildings in the United States […]

gasoline
EIA News

EIA expects U.S. gasoline and diesel retail prices to decline in 2023 and 2024

January 12, 2023 Mariel Alumit

January 12, 2023 We are working on some exciting changes to our short-term analyses, so we are no longer publishing the Today in Energy article on Fridays. We will have additional updates in the coming […]

Price
EIA News

Crude oil prices forecast to decline beginning in the second half of 2023

January 11, 2023 Mariel Alumit

January 11, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, January 2023 In our January 2023 Short-Term Energy Outlook, we forecast the Brent crude oil price (the global benchmark) will rise from an […]

Price
EIA News

Wholesale U.S. electricity prices were volatile in 2022

January 10, 2023 Mariel Alumit

Skip to sub-navigation January 10, 2023 Data source: S&P Global Market intelligence Average wholesale electricity prices at major trading hubs in the United States rose throughout much of 2022 and were, at times, volatile as […]

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