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EIA

Commodities

U.S. consumers expected to spend more for heating oil this upcoming winter

October 27, 2021 Clark Savage

Source: U.S. Energy Information Administration, Short-Term Energy Outlook, Winter Fuels Outlook, October 2021 In our latest Winter Fuels Outlook, we expect higher heating oil prices and a slightly colder winter compared with last year will contribute to households across […]

U.S. coal exports
EIA News

EIA projects global conventional vehicle fleet will peak in 2038

October 26, 2021 Clark Savage

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 […]

Electrical Generation / Utilities

U.S. Households To Spend 50% More On Energy Bills This Winter

October 15, 2021 Clark Savage

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 […]

China Power Outages-
Commodities

Global energy demand to grow 47% by 2050, with oil still top source: US EIA

October 7, 2021 Clark Savage

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 […]

Commodities

The Best Way To Play The Natural Gas Boom

October 2, 2021 Clark Savage

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 […]

EIA Natural Gas Dashboard
Commodities

EIA Product Highlight: Natural Gas Storage Dashboard

September 28, 2021 Clark Savage

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 […]

U.S. coal exports
EIA News

U.S. energy trade lowers the overall 2020 U.S. trade deficit for the first time on record

September 22, 2021 Clark Savage

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 […]

Gas pumps -ENB
Commodities

Robust Gasoline Consumption Fuels Record-High U.S. Oil Demand

September 11, 2021 Stu Turley

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 […]

U.S. coal exports
EIA News

U.S. large-scale battery storage capacity up 35% in 2020, rapid growth set to continue

August 20, 2021 Clark Savage

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 […]

EIA News

Average U.S. construction cost for onshore wind generation decreased by 27% since 2013

August 18, 2021 Clark Savage

  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 […]

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