In its first quarterly auction of 2022, emissions credits in the joint California-Quebec allowance auction sold for $29.15 per metric ton of carbon dioxide equivalent, or nearly $10 per metric ton more than the minimum […]
Consumption of ethane has grown every year since 2010 in the United States, and more ethane is now consumed in the country than either jet fuel or propane. Consumption of ethane, which we estimate using […]
Executive Summary In addition to the Reference case and side cases in our Annual Energy Outlook 2022 (AEO2022), we created a case that explores what happens if no additional interstate natural gas pipelines are built […]
In our Annual Energy Outlook 2022 (AEO2022), Issues in Focus: Exploration of the No Interstate Natural Gas Pipeline Builds, we analyze the effects on the energy market if no additional U.S. natural gas pipeline capacity […]
Yesterday’s release of EIA’s March 2022 Petroleum Supply Monthly now reports inventories of hydrocarbon gas liquids (HGL) that include volumes of ethane, propane, normal butane, isobutane, and natural gasoline at end-user storage facilities as part […]
U.S. households are increasingly switching to light-emitting diode (LED) bulbs; 47% report using LEDs for most or all of their indoor lighting in 2020, according to the most recent results from the Residential Energy Consumption […]
Crude oil prices moved higher today after the U.S. Energy Information Administration reported a crude oil inventory draw of 3.4 million barrels for the week to March 25. This compared with a decline of 2.5 million barrels the EIA […]
In 2021, a historic drought that affected much of the western United States led to reduced water supply and, as a result, lower hydropower generation in the Pacific Northwest and California. Electricity generation at California’s […]
Source: U.S. Energy Information Administration, Petroleum Supply Monthly Earlier this month, President Biden banned U.S. imports of crude oil, refined petroleum products, natural gas, coal, and coal products that originate in Russia. The President’s executive order, however, does not […]
March 28, 2022 Source: U.S. Energy Information Administration, Natural Gas Monthly U.S. exports of liquefied natural gas (LNG) set a record high in 2021, averaging 9.7 billion cubic feet per day (Bcf/d), according […]
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