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EIA News

U.S. natural gas inventories near five-year average after mild December, cold January

February 5, 2022 Mariel Alumit

Source: U.S. Energy Information Administration, Weekly Natural Gas Storage Report After starting the winter heating season (November–March) below its previous five-year average, Lower 48 working natural gas in storage surpassed its five-year average in mid-December during one […]

Oil Storage Tanks -ENB
Crude Oil News

Proved reserves of U.S. crude oil and lease condensate declined by 19% during 2020

January 27, 2022 Mariel Alumit

January 27, 2022 Source: U.S. Energy Information Administration, Proved Reserves of Crude Oil and Natural Gas in the United States, Year-End 2020 Because of lower oil prices in the first year of the COVID-19 pandemic, […]

Crude Oil News

Dude, Where’s My Oil? (And Why Is It So Expensive?)

January 23, 2022 Mariel Alumit

Where did all the oil go? According to the latest estimates, the world should still be awash in oil stockpiles built up during the pandemic. But that’s not what the actual data on oil supplies […]

coal flume - power generation - ENB
Coal

Coal will account for 85% of U.S. electric generating capacity retirements in 2022

January 11, 2022 Mariel Alumit

January 11, 2022 Source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, October 2021 Operators have scheduled 14.9 gigawatts (GW) of electric generating capacity to retire in the United States during 2022, according to […]

Decarbonizing the electric - Energy News Beat - Tesla 13MW solar farm
EIA News

Solar power will account for nearly half of new U.S. electric generating capacity in 2022

January 10, 2022 Mariel Alumit

January 10, 2022 Source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, October 2021 In 2022, we expect 46.1 gigawatts (GW) of new utility-scale electric generating capacity to be added to the U.S. power […]

U.S. coal exports
EIA News

Wholesale electricity prices trended higher in 2021 due to increasing natural gas prices

January 7, 2022 Mariel Alumit

January 7, 2022 Source: Graph by the U.S. Energy Information Administration, based on S&P Global Market Intelligence data Average wholesale prices for electricity at major trading hubs in the United States were higher in 2021 […]

U.S. coal exports
EIA News

U.S. natural gas prices spiked in February 2021, then generally increased through October

January 6, 2022 Mariel Alumit

January 6, 2022 Source: Graph by the U.S. Energy Information Administration, based on data from Refinitiv The wholesale spot price for natural gas at the Henry Hub in Louisiana (the U.S. benchmark for natural gas […]

U.S. coal exports
EIA News

Retail gasoline prices rose across the United States in 2021 as driving increased

January 6, 2022 Mariel Alumit

January 5, 2022 Source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update Rising crude oil prices and increased gasoline demand contributed to the average U.S. retail price for regular grade gasoline increasing to $3.01 […]

U.S. LNG Exports Top Rivals for First Time on Shale Revolution-ENB
Commodities

U.S. LNG Exports Top Rivals for First Time on Shale Revolution

January 4, 2022 Mariel Alumit

The U.S. was the world’s biggest exporter of liquefied natural gas last month for the first time ever, as projects ramped up production and deliveries surged to energy-starved Europe. Output from American facilities edged above […]

Energy Most Expensive Commodity - ENB
EIA News

Energy prices rose more than other commodities in 2021

January 3, 2022 Mariel Alumit

January 3, 2022 Source: Chart by the U.S. Energy Information Administration, based on data from S&P Dow Jones and Bloomberg L.P. Energy prices used in the S&P Goldman Sachs Commodity Index (GSCI) ended 2021 59% […]

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