Source: U.S. Energy Information Administration, International Energy Outlook 2021 Reference case In our International Energy Outlook 2021, we estimate the global light-duty vehicle (LDV) fleet contained 1.31 billion vehicles in 2020, and we project this fleet will grow to […]
High U.S. retail energy prices will result in much higher residential energy bills for Americans this winter The EIA assumes that the coming winter will be slightly colder than last year For the 5 percent […]
Global energy demand and energy-related carbon emissions will continue to rise through 2050, with oil remaining the largest energy source just ahead of surging renewables, the US Energy Information Administration said Oct. 6 in its […]
The natural gas market has undergone profound changes in the last year, with prices rising from under $2.00 to over $5.00. Inventories have been drawn down due to demand, weather events, and the export of […]
Our Natural Gas Storage Dashboard provides daily and weekly contextual information to the Weekly Natural Gas Storage Report (WNGSR), which features our latest weekly natural gas storage estimates. The dashboard shows storage activity in several regions of the Lower 48 states […]
Source: U.S. Energy Information Administration (EIA), based on EIA’s Monthly Energy Review and data from the U.S. Census Bureau In 2020, the U.S. net merchandise trade value of energy products—the value of petroleum, natural gas, coal, and electricity exports less the […]
U.S. oil demand continues its upward trajectory—reaching a record high last week–while product inventories have fallen to the lowest levels in three years. If the demand trend holds, oil prices have room to rise even […]
Source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, December 2020 The United States continued a trend of significant growth in large-scale battery storage capacity in 2020, when year-end U.S. battery power capacity reached 1,650 megawatts […]
According to 2018 data from the U.S. Energy Information Administration (EIA) for newly constructed utility-scale electric generators in the United States, annual capacity-weighted average construction costs for solar photovoltaic systems and onshore wind turbines have continued […]
Updated August 11 to correct the May 2020 Midland crude oil production total. Source: Graph by the U.S. Energy Information Administration (EIA), based on EIA’s Petroleum Supply Monthly (U.S. and Texas) and data from Enverus Inc. (Midland Basin […]
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