Daily Standup Top Stories Norway’s Oil Fund to Buy Stakes in Offshore Wind for $1.5 Billion March 31, 2025 Clark Savage The world’s biggest sovereign wealth fund, Norway’s $1.8 trillion oil fund, will buy 49% in […]
Data source: U.S. Energy Information Administration, Natural Gas Monthly In 2024, U.S. natural gas consumption averaged a record 90.3 billion cubic feet per day (Bcf/d) and set new winter and summer monthly records in January and July, […]
Data source: U.S. Energy Information Administration, Petroleum Supply Monthly Note: Refinery yield represents the percentage of finished product produced (output) from gross inputs. EIA calculates refinery yield as the net production of a finished petroleum product (output) divided […]
U.S. propane exports have increased every year since 2007 Data source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. propane exports averaged a record 1.8 million barrels per day (b/d) in 2024, the most since we began collecting […]
U.S. butane exports reached a new record in 2024 Data source: U.S. Energy Information Administration, Petroleum Supply Monthly The United States is exporting record volumes of normal butane as global demand for liquefied petroleum gases (LPG) surges. U.S. normal butane exports […]
Electricity generators plan to retire 12.3 gigawatts (GW) of capacity in 2025, a 65% increase in retirements compared with 2024. Last year, 7.5 GW was retired from the U.S. power grid, the least generation retired […]
Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, February 2025 In 2026, we forecast that inventories of the three largest transportation fuels in the United States—motor gasoline, distillate fuel oil, and jet fuel—will fall to their […]
According to our Natural Gas Annual Respondent Query System, 1,653 natural gas delivery companies delivered natural gas to end-use customers in 2023 in the United States. A delivery company is defined as any entity that delivers […]
In-brief analysis February 21, 2025 Average state tax rates for retail gasoline and diesel fuel nearly flat since July 2024 Data source: U.S. Energy Information Administration, federal and state motor fuel taxes As of January 1, 2025, […]
Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, February 2025 Data values: Non-OPEC Petroleum and Other Liquids Production Note: The OPEC and OPEC+ data series reflect those countries participating in the OPEC+ agreement. OPEC members Iran, Libya, and […]
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