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EIA News

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Crude Oil News

US Cut Forecast for Oil Output Just Before Crude’s Latest Plunge

May 6, 2025 Clark Savage

ENB Pub Note: Yesterday, we examined Cap Ex budgets, and today, we are investigating production, demand estimates, and storage. The current storage levels are low and are listed below. Here is a lot of data […]

Big Oil Companies

Why is U.S. LNG Dominating Global Markets?

May 1, 2025 Andy Del Prado

Daily Standup Top Stories U.S. LNG will be the United States’ largest export product – Secretary Chris Wright On the Crude Truth Substack, Rey Trevino writes: Secretary Chris Wright provided a comprehensive summary of the […]

Crude Oil News

U.S. oil companies spent less on interest over the last decade despite higher rates

April 30, 2025 Stu Turley

ENB Pub Note: This article from the EIA highlights significant challenges that the United States’ oil and gas companies face. However, what the world is facing is a lack of investment in oil and gas, […]

natural gas
EIA News

U.S. natural gas inventories in underground storage ended winter at a three-year low

April 28, 2025 Mariel Alumit

Data source: U.S. Energy Information Administration, Natural Gas Monthly and Weekly Natural Gas Storage Report Note: We estimated end-of-month values for February and March from the Weekly Natural Gas Storage Report. After a relatively warm start to the 2024–25 winter heating […]

Oil Prices
Crude Oil News

U.S. crude oil production rose by 2% in 2024

April 24, 2025 Stu Turley

U.S. crude oil production grew by 270,000 barrels per day (b/d) in 2024 to average 13.2 million b/d, according to our Petroleum Supply Monthly. Almost all the production growth came from the Permian region. Our […]

Natural Gas pipeline in West Texas created by Grok on X
Diesel

Five petroleum product pipelines were completed in the United States in 2024

April 24, 2025 Stu Turley

Data source: U.S. Energy Information Administration, Liquids Pipeline Projects Database In 2024, pipeline companies completed five pipeline projects to transport petroleum liquids in the United States, according to our recently updated Liquids Pipeline Projects Database. The five projects […]

Oil and gas activity
EIA News

U.S. natural gas production remained flat in 2024

April 24, 2025 Stu Turley

Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, April 2025 U.S. marketed natural gas production remained relatively flat in 2024, growing by less than 0.4 billion cubic feet per day (Bcf/d) compared with 2023 to average 113 Bcf/d, […]

petroleum
Crude Oil News

Distillate and jet fuel contribute to record U.S. petroleum product exports in 2024

April 24, 2025 Stu Turley

Data source: U.S. Energy Information Administration, Petroleum Supply Monthly Note: HGLs=hydrocarbon gas liquids In 2024, U.S. exports of total petroleum products increased to a record 6.6 million barrels per day (b/d) annual average. Annual U.S. petroleum product exports […]

Coal

U.S. production of all types of coal has declined over the past two decades

April 8, 2025 Stu Turley

Data source: U.S. Energy Information Administration, Annual Coal Report Data values: Table ES-1, Coal Production In 2023, the United States produced 578 million short tons (MMst) of coal, or less than half of the amount produced in 2008 when […]

EIA News

U.S. propane consumption reached an 18-year record in January amid cold snap

April 7, 2025 Stu Turley

Data source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. propane consumption reached 1.48 million barrels per day (b/d) in January 2025, the most January consumption on record since January 2005 and the most for any month […]

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