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IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
Downstream

U.S. average gasoline prices before Memorial Day are the highest since 2014

May 28, 2021 Andy Del Prado

Source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update The average retail price for regular gasoline in the United States on May 24, the Monday before the Memorial Day weekend, was $3.02 per gallon (gal), the […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
EIA News

Major utilities’ spending on the electric distribution system continues to increase

May 27, 2021 Andy Del Prado

Source: Graph created by EIA, based on data from Federal Energy Regulatory Commission (FERC) Financial Reports, as accessed by Ventyx Velocity Suite Annual spending on electricity distribution systems by major U.S. utilities continues to increase. Utilities […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
EIA News

EIA lowers its forecast of India’s oil demand because of rising COVID-19 cases

May 26, 2021 Andy Del Prado

Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), April and May 2021 The rapid increase in COVID-19 cases in India has led to various travel restrictions, which reduced consumption of transportation fuels such as gasoline and diesel. […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
EIA News

EIA expects more electricity consumption this summer as economy recovers from pandemic

May 25, 2021 Andy Del Prado

Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) Our Summer 2021 Electricity Industry Outlook, a supplement of the Short-Term Energy Outlook, projects 1.5% more U.S. retail sales of electricity this summer than last summer. Much of the growth we […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
EIA News

U.S. natural gas generation in 2021 sees its first year-over-year decline in three years

May 24, 2021 Andy Del Prado

In the first four months of 2021, natural gas-fired generation in the Lower 48 states averaged 3,394 gigawatthours (GWh) per day, a nearly 7% decrease from the same period in 2020, according to data from […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
EIA News

U.S. ethane production to grow, along with expanding domestic consumption and exports

May 21, 2021 Andy Del Prado

U.S. production of ethane, a hydrocarbon gas liquid (HGL) produced primarily in natural gas processing plants, has grown rapidly since 2013. Production has nearly doubled from 0.95 million barrels per day (b/d) in the first […]

IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
Commodities

February 2021 drop in U.S. ethane demand was largest monthly decline on record

May 20, 2021 Andy Del Prado

In February 2021, extremely cold winter weather in the Gulf Coast region resulted in outages at most petrochemical plants in the area, causing the largest monthly decline in demand for ethane feedstock on record. Ethane […]

No Picture
EIA News

Natural gas combined-cycle plant use varies by region and age

May 20, 2021

In recent years, U.S. natural gas combined-cycle (NGCC) electric generating capacity has increased as a result of relatively low natural gas prices and improved thermal efficiency and economies of scale from advances in turbine design. […]

No Picture
EIA News

Average U.S. retail gasoline price exceeds $3.00 for the first time since late 2014

May 18, 2021

Disruptions to Colonial Pipeline operations prompted an increase in the average U.S. retail price for regular grade gasoline (retail gasoline price) to $3.03 per gallon (gal) on May 17, the first time retail gasoline prices […]

No Picture
EIA News

Despite more people staying at home, U.S. residential energy use fell 4% in 2020

May 17, 2021

Despite many people spending more time in their homes during 2020 in response to the COVID-19 pandemic, U.S. energy consumption in the residential sector fell 4% between 2019 and 2020, according to our Monthly Energy […]

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