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HomeEIA

EIA

Two new U.S. crude oil pipeline projects have been completed this year
EIA News

Two new U.S. crude oil pipeline projects have been completed this year

June 26, 2022

As of June 3, 2022, pipeline companies completed two crude oil pipeline projects in the United States, according to our recently updated Liquids Pipeline Projects Database. No new hydrocarbon gas liquids or petroleum product pipeline […]

EIA estimates show a decrease in global surplus crude oil production capacity in 2022
EIA News

EIA estimates show a decrease in global surplus crude oil production capacity in 2022

June 26, 2022

Our new report, titled Global Surplus Crude Oil Production Capacity, provides estimates of global surplus crude oil production capacity in both OPEC countries and non-OPEC countries. Preliminary estimates for these data show that, as of […]

Crude Oil News

Oil Prices Bounce As EIA Fails To Publish Inventory Data

June 25, 2022 Michael Tanner

The world’s most-watched oil data report won’t be released this week due to a power problem. Oil prices, meanwhile, are climbing higher on Friday to cancel out losses from earlier in the week. Disruptions, disruptions, […]

US natural gas
Top News

Natural gas futures plummet after EIA reports 74 Bcf build into storage

June 24, 2022 Mariel Alumit

US natural gas working stocks rose by a larger-than-expected 74 Bcf during the week ended June 17, reducing the deficit to a seasonal low of 13.2%, which helped spur a selloff for US natural gas […]

EIA
US Energy News

OIL FUTURES: Crude drops amid recessionary fears, tightness to remain across markets

June 23, 2022 Mariel Alumit

Crude oil futures declined during mid-morning training on June 23 on the back of investors’ anguish over looming recessionary fears. At 1216 GMT, ICE August Brent crude futures were down 19 cents/b at $111.55b, while […]

refinery
US Energy News

US refining capacity falls to lowest mark in 8 years amid record prices: EIA

June 22, 2022 Mariel Alumit

The nation’s capacity to refine crude oil into fuel and other products fell below 18 million b/d at the beginning of 2022 and hit its lowest level since 2014, according to the federal government’s annual […]

EIA
Commodities

What Do You Pay for in a Gallon of Fuel?

June 22, 2022 Mariel Alumit

What exactly do you pay for when you buy fuel? Well, that depends on whether you’re purchasing regular gasoline or diesel, according to the U.S. Energy Information Administration’s (EIA) latest gasoline and diesel fuel update. […]

Europe imported record amounts of liquefied natural gas in 2022
EIA News

Europe imported record amounts of liquefied natural gas in 2022

June 21, 2022

Europe’s (the European Union and the United Kingdom) liquefied natural gas (LNG) imports set an all-time historical record high in April 2022, averaging 16.5 billion cubic feet per day (Bcf/d) monthly and exceeding 19.0 Bcf/d […]

EIA expects significant increases in wholesale electricity prices this summer
EIA News

EIA expects significant increases in wholesale electricity prices this summer

June 21, 2022

In our latest Short-Term Energy Outlook (STEO), we expect prices this summer in wholesale electricity markets will significantly increase over last summer’s prices. We forecast that electricity prices in the Northeast regions (ISO New England, […]

Most combined-cycle power plants have duct burners to combust turbine exhaust gases
EIA News

Most combined-cycle power plants have duct burners to combust turbine exhaust gases

June 21, 2022

Most combined-cycle power plants in the United States have duct burners that help them make additional use of combustion turbine exhaust gases. Combined-cycle power plants are the most prevalent technology used to generate electricity in […]

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