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EIA News

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Crude Oil News

U.S. exploration and production companies are issuing new debt and equity

April 23, 2021 Stu Turley

Based on all announced corporate press releases, the amount of debt and equity issued among publicly traded independent U.S. exploration and production (E&P) companies totaled $4.4 billion in March 2021, the most since August 2020. […]

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

Planned refinery outages unlikely to affect U.S. transportation fuel supplies

April 22, 2021 Andy Del Prado

According to EIA analysis, planned refinery outages during the second quarter of 2021 are unlikely to cause a significant shortfall in the supply of petroleum products in the United States, particularly in transportation fuels including […]

solar-panel - energynewsbeat.com
EIA News

Texas likely to add record utility-scale solar capacity in the next two years

April 21, 2021 Andy Del Prado

Texas, already the U.S. state with the most wind energy capacity, is catching up to California in utility-scale solar capacity. California currently has the most installed utility-scale solar capacity of any state. According to survey […]

Coal

Six subsectors account for nearly 90% of manufacturing energy consumption

April 20, 2021 Andy Del Prado

In 2018, the U.S. manufacturing sector consumed 19.4 quadrillion British thermal units (Btu) of energy, according to EIA’s latest Manufacturing Energy Consumption Survey (MECS). In 2018, six energy-intensive subsectors—chemicals, petroleum and coal products, paper, primary […]

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

EIA expects U.S. natural gas consumption to continue decreasing in 2021 and 2022

April 20, 2021 Andy Del Prado

EIA’s April Short-Term Energy Outlook (STEO) forecasts decreased total U.S. natural gas consumption in 2021 and 2022 following a decline in 2020. Consumption in 2020 was 1.9 billion cubic feet per day (Bcf/d) lower than […]

No Picture
EIA News

Last winter saw larger-than-average U.S. natural gas withdrawals from storage

April 18, 2021

Significantly colder-than-normal temperatures in the Lower 48 states in late January through mid-February resulted in increased heating demand for natural gas in the United States, despite an otherwise warmer-than-normal winter. As a result, the winter […]

No Picture
Coal

U.S. electric power industry produces less and recycles more combustion by-product

April 16, 2021 Andy Del Prado

Combustion by-product (CBP) production in the U.S. electric power industry decreased from 135.1 million short tons in 2010 to 88.7 million short tons in 2019, a 34% decline. CBPs are residues left over after the […]

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

U.S. gasoline prices have been rising with crude oil prices

April 16, 2021 Andy Del Prado

U.S. regular retail gasoline prices averaged $2.85 per gallon (gal) on Monday, March 29, according to EIA’s Gasoline and Diesel Fuel Update. U.S. gasoline prices have generally increased since reaching a multiyear low of $1.77/gal in […]

No Picture
Downstream

Planned second-quarter 2021 refinery outages unlikely to significantly affect transportation fuel supplies

April 15, 2021 Andy Del Prado

According to EIA analysis, planned refinery outages during the second quarter of 2021 are unlikely to cause a significant shortfall in the supply of petroleum products in the United States, particularly transportation fuels including gasoline, […]

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

Gulf of Mexico crude oil production will increase with new projects in 2021 and 2022

April 14, 2021 Andy Del Prado

EIA forecasts U.S. crude oil production in the U.S. Federal Gulf of Mexico (GOM) to increase in the next two years, according to the latest Short-Term Energy Outlook (STEO). By the end of 2022, 13 new projects […]

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