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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 […]

energy
EIA News

Texas energy expected to be key in meeting global demand

January 10, 2023 Mariel Alumit

As 2023 gets underway, the Energy Information Administration is offering its annual short-term energy outlook for the early part of the year. Among the trends the report has identified are rising natural gas production, increasing […]

Price
EIA News

Average 2022 wholesale U.S. natural gas cost more than any time since 2008

January 9, 2023 Mariel Alumit

January 9, 2023 Data source: Refinitiv Eikon In 2022, the wholesale U.S. natural gas spot price at the national benchmark Henry Hub in Louisiana averaged $6.45 per million British thermal units (MMBtu), the highest annual […]

Price
EIA News

U.S. retail gasoline prices rose in summer but ended 2022 lower than start of 2022

January 5, 2023 Mariel Alumit

January 5, 2023 Data source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update Note: Retail prices are in nominal terms and are not adjusted for inflation. Rising crude oil prices and increased gasoline demand […]

Price
EIA News

Crude oil prices increased in first-half 2022 and declined in second-half 2022

January 4, 2023 Mariel Alumit

January 4, 2023 Data source: CME Group, Intercontinental Exchange, and Bloomberg L.P. Note: Retail prices are in nominal terms and are not adjusted for inflation. In the final trading day of 2022, the spot price […]

Price
EIA News

Energy commodity prices in 2022 showed effects of Russia’s full-scale invasion of Ukraine

January 3, 2023 Mariel Alumit

January 3, 2023 Data source: S&P Dow Jones and Bloomberg, L.P. After increasing 68% from January through June, the energy component of the S&P Goldman Sachs Commodity Index (GSCI) ended the year 10% higher than […]

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