In-brief analysis January 15, 2025 EIA extends five key energy forecasts through December 2026 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), January 2025 In our January 2024 Short-Term Energy Outlook, which includes data and forecasts through […]
This is $6.4 percent higher than $2.95/MMBtu in the December 2024 STEO. EIA said in the new outlook that the Henry Hub spot price “generally rises over the next two years.” “We expect the spot […]
Data source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update Note: Retail price is for all formulations of regular grade gasoline. The U.S. retail price for regular grade gasoline averaged $3.30 per gallon (gal) in 2024, $0.21/gal […]
Data source: Bloomberg, L.P. Note: A front-month contract is a futures contract that is the closest to expiration. Benchmark Brent crude oil futures prices averaged $80 per barrel (b) in 2024, $2/b less than in 2023. Intraday […]
Data source: Japan Nuclear Regulation Authority Japanese utilities restarted two additional nuclear reactors in 2024 that had been suspended from operations in response to the 2011 Fukushima Daiichi accident, taking the total number of restarted reactors to […]
Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, December 2024 India has emerged as the leading source of growth in global oil consumption in 2024 and 2025, overtaking China this year, according to our December Short-Term Energy […]
India has emerged as the leading source of growth in global oil consumption in 2024 and 2025, overtaking China this year, according to our December Short-Term Energy Outlook (STEO). China’s oil consumption grew by more than India’s […]
Electricity consumption in the U.S. Lower 48 states is highly seasonal; the demand for electricity peaks in the summer and the winter in response to more extreme temperatures and decreases in the spring and fall, […]
Data source: U.S. Energy Information Administration and Argentina Ministry of Energy (Secretaría de Energía de la República Argentina [SESCO]) Crude oil and natural gas production in Argentina are both nearing record highs, driven by increasing output […]
Daily Standup Top Stories Job One for Doug Burgum at Interior – David Blackmon December 11, 2024 Clark Savage Anticipating a potential Donald Trump win over first Joe Biden and then Kamala Harris in the presidential […]
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