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EIA News

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EIA News

U.S. natural gas inventories near five-year average after mild December, cold January

January 31, 2022 Mariel Alumit

January 31, 2022 Source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report After starting the winter heating season (November-March) below its previous five-year average, Lower 48 working natural gas in storage surpassed its five-year […]

Cushing Oklahoma Storage Tanks - Reuters - ENB
Crude Oil News

Permian oil output forecast to hit record high in February -EIA

January 29, 2022 Mariel Alumit

The largest U.S. shale basin’s output will surge to a record in February, according to a monthly forecast from the U.S. Energy Information Administration (EIA) on Tuesday. The largest U.S. crude basin, the Permian basin […]

https://oilprice.com/Energy/Crude-Oil/OPEC-Sees-Oil-Demand-Rise-To-959-Million-Bpd-In-2021.
Crude Oil News

EIA forecasts OPEC production will grow in 2022 despite recent production outages in Libya

January 28, 2022 Mariel Alumit

January 28, 2022 Source: U.S. Energy Information Administration, Short-Term Energy Outlook, January 2022 Note: Crude oil production totals do not include condensate. In our January Short-Term Energy Outlook (STEO), we forecast that OPEC petroleum production […]

Oil Storage Tanks -ENB
Crude Oil News

Proved reserves of U.S. crude oil and lease condensate declined by 19% during 2020

January 27, 2022 Mariel Alumit

January 27, 2022 Source: U.S. Energy Information Administration, Proved Reserves of Crude Oil and Natural Gas in the United States, Year-End 2020 Because of lower oil prices in the first year of the COVID-19 pandemic, […]

EIA News

Stand-alone natural gas wells driving new growth in Saudi Arabia’s natural gas production

January 26, 2022 Mariel Alumit

January 25, 2022 Source: Graph created by the U.S. Energy Information Administration, based on data from International Energy Statistics and Rystad Saudi Arabia’s dry natural gas production reached an average of 11 billion cubic feet […]

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EIA News

Proved reserves of natural gas fell 4% in the United States during 2020

January 26, 2022

January 26, 2022 Source: U.S. Energy Information Administration, Proved Reserves of Crude Oil and Natural Gas in the United States, Year-End 2020 Because of lower natural gas prices in the first year of the COVID-19 […]

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EIA News

Stand-alone natural gas wells driving new growth in Saudi Arabia’s natural gas production

January 25, 2022

January 25, 2022 Source: Graph created by the U.S. Energy Information Administration, based on data from International Energy Statistics and Rystad Saudi Arabia’s dry natural gas production reached an average of 11 billion cubic feet […]

U.S. coal exports
EIA News

CO2 emissions allowance prices increased in latest RGGI auction

January 24, 2022 Mariel Alumit

The most recent Regional Greenhouse Gas Initiative (RGGI) quarterly auction (held on December 1, 2021) resulted in a clearing price of $13.00 per allowance, surpassing the previous auction’s record price of $9.30 per allowance. Each […]

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EIA News

EIA expects U.S. fossil fuel production to reach new highs in 2023

January 21, 2022

Skip to sub-navigation January 21, 2022 Source: U.S. Energy Information Administration, Monthly Energy Review and Short-Term Energy Outlook (STEO) After declining in 2020, the combined production of U.S. fossil fuels (including natural gas, crude oil, […]

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EIA News

EIA expects U.S. energy-related carbon dioxide emissions to increase in 2022 and 2023

January 20, 2022

Skip to sub-navigation January 20, 2022 Source: U.S. Energy Information Administration, Short-Term Energy Outlook In our latest Short-Term Energy Outlook, we forecast that U.S. energy-related carbon dioxide (CO2) emissions will increase in both 2022 and […]

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