E&P
U.S. drillers add the most gas rigs in a week since December 2018
The oil and gas rig count, an early indicator of future output, rose eight to 754 in the week to March 17. , , Baker Hughes said that puts the total rig count up 91 […]
EIA
Electrical Generation
Electricity prices surged 14.3% in 2022, double overall inflation: US report
Dive Brief: Consumers paid 14.3% more for electricity last year on average, than in 2021, more than double the overall 6.5% rise in prices, according to Consumer Price Increase data released Jan. 12 by the U.S. Bureau of […]
EnergyNews
U.S. LNG producers Poised to Leapfrog Rivals with Three New Projects
NEW YORK, Feb 16 (Reuters) – At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to Reuters calculations, developments that would […]
EnergyNews
U.S. Natgas Drops 3% to 25-Month Low on Less cold Weather in February – What will prices do?
That put the gas contract on track to drop over 63% over the past seven weeks, its biggest seven-week collapse in history after weather in the U.S. Lower 48 states was the second warmest on […]
Crude Oil News
Oil up slightly but bearish of U.S. data, crude stocks build
Oil futures gained slightly on Thursday, even in the face of recession fears as a sharp decline in U.S. retail sales and manufacturing output muddied the outlook for demand, while industry data showing a surprise […]
EIA News
EIA forecasts lower wholesale U.S. natural gas prices in 2023 and 2024
January 18, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In our January Short-Term Energy Outlook (STEO), we forecast the natural gas spot price at the U.S. benchmark Henry Hub will average […]
Fossil
U.S. natgas output to hit record high in 2023, demand to fall
U.S. natural gas production will rise to a record high in 2023, while demand will fall, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday. EIA projected […]
Nuclear
OPINION: Nuclear fusion may change our world but renewable energy sources will save it: experts
We are living through unprecedented times. That was the tagline when the startling COVID-19 pandemic swept across the globe. But the phrase had already become commonplace for a generation altered by the reality of climate […]
EIA News
U.S. dry natural gas production set monthly records in 2022; we forecast an annual record
December 9, 2022 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook U.S. dry natural gas production has increased during 2022, averaging more than 100 billion cubic feet per day (Bcf/d) in October and November […]
EIA News
Coal was the largest source of electricity generation for 15 states in 2021
December 7, 2022 Data source: U.S. Energy Information Administration, Electricity Data Browser In 15 U.S. states last year, coal was used to generate electricity more than any other energy source. Twenty years earlier, in 2001, […]