In 2020, 26% of U.S. households used electricity as the only source of energy (32.25 million out of 123.53 million homes), according to our 2020 Residential Energy Consumption Survey (RECS). Most U.S. homes use electricity […]
The prices of renewable identification number (RIN) credits–a compliance mechanism used for the Renewable Fuel Standard (RFS) program administered by the U.S. Environmental Protection Agency (EPA)–have remained high in 2022. So far this year, RINs […]
We have updated our maps and geologic information for the Spraberry formation in the Midland Basin, which continues to be one of the most prolific areas for hydrocarbon production in the United States. The formation […]
During the past 12 months (July 2021-June 2022), the monthly average Henry Hub natural gas spot price, which is a U.S. benchmark, nearly doubled, according to data from Refinitiv Eikon. The price rose from $3.84 […]
Annual Energy Outlook 2022: Extended and Sunset Tax Credit Cases Executive Summary We released our Annual Energy Outlook 2022 (AEO2022) in March. The AEO2022 Reference case assumes that existing laws and regulations remain as enacted throughout the […]
The US Energy Information Administration forecast record US crude oil production in 2023 at 12.8 million barrels per day, up from an expected 11.9 million barrels per day of production in 2022. In its July […]
US dry natural gas production in 2022 is expected to rise 2.7 billion cubic feet per day, or 3%, year over year, further increasing to nearly 100 Bcf/d in 2023, the US Energy Information Administration […]
Builds in global oil inventories seen for the first time in two years have helped to ease crude oil prices, the US Energy Information Administration said July 12 as it lowered its 2022 oil price […]
An average of 49.0 billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) was traded globally during 2021, an increase of 2.2 Bcf/d (4.5%) from 2020, according to The LNG Industry GIIGNL Annual […]
According to the U.S. Energy Information Administration (EIA) report, weekly LNG exports have increased by one vessel from last week, while the Henry Hub spot price decreased to a monthly average. In the latest Short-Term […]
Copyright © 2025 | Sandstone Group