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EIA News

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No Picture
EIA News

EIA expects U.S. petroleum trade to shift toward net imports during 2022

February 18, 2022

February 18, 2022 Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), February 2022 In 2021, the United States returned to importing more petroleum (which includes crude oil, refined petroleum products, and other […]

EIA expects U.S. petroleum trade to shift toward net imports during 2022
EIA News

EIA expects U.S. petroleum trade to shift toward net imports during 2022

February 18, 2022

In 2021, the United States returned to importing more petroleum (which includes crude oil, refined petroleum products, and other liquids) than it exports following its historic shift to being a net exporter of petroleum in […]

Pioneer
EIA News

U.S. marketed natural gas production forecast to rise in 2022 and 2023

February 17, 2022 Mariel Alumit

Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), February 2022 We forecast that U.S. natural gas marketed production will increase to an average of 104.4 billion cubic feet per day (Bcf/d) in 2022 and then further increase to a […]

No Picture
EIA News

U.S. crude oil production forecast to rise in 2022 and 2023 to record-high levels

February 16, 2022

February 16, 2022 Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), February 2022 In our February 2022 Short-Term Energy Outlook (STEO), we forecast that crude oil prices will remain high enough to […]

Crude Oil News

U.S. crude oil production forecast to rise in 2022 and 2023 to record-high levels

February 16, 2022 Mariel Alumit

Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), February 2022 In our February 2022 Short-Term Energy Outlook (STEO), we forecast that crude oil prices will remain high enough to drive U.S. crude oil production […]

No Picture
EIA News

U.S. demand for residual fuel oil rose late in 2021

February 15, 2022

February 15, 2022 Source: U.S. Energy Information Administration, Petroleum Supply Monthly, January 2022, and Weekly Petroleum Status Report In November 2021, more residual fuel oil was consumed in the United States, measured as […]

U.S. demand for residual fuel oil rose late in 2021
EIA News

U.S. demand for residual fuel oil rose late in 2021

February 15, 2022

In November 2021, more residual fuel oil was consumed in the United States, measured as product supplied, than during any month since January 2017. Residual fuel oil has several uses, but it is primarily consumed […]

Generators in Texas meet electric demand, avoid widespread outages during recent cold snap
EIA News

Generators in Texas meet electric demand, avoid widespread outages during recent cold snap

February 14, 2022

A cold snap brought cold weather and icy conditions to Texas this past week, increasing heating demand for electricity across the state. Power plants and electric generators in the Electric Reliability Council of Texas (ERCOT)i? […]

US natural gas
EIA News

Europe relies primarily on imports to meet its natural gas needs

February 11, 2022 Mariel Alumit

Source: Graph created by the U.S. Energy Information Administration, based on data from Eurostat and the International Group of Liquefied Natural Gas Importers (GIIGNL) annual liquefied natural gas trade reports Note: Due to reporting requirements, some volumes […]

Oil Power Plants - ENB
Crude Oil News

Oil-fired generators helped meet electric demand in New England this January

February 10, 2022 Mariel Alumit

Source: U.S. Energy Information Administration, Hourly Electric Grid Monitor As strong winter storms and cold temperatures blanketed the northeastern United States this January and increased the demand for electricity to heat homes and businesses, utilities used oil-fired generation to […]

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