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forecasts/projections

Crude Oil News

EIA increases oil price forecast following OPEC+ production cut extension

March 22, 2024 Mariel Alumit

We increased our forecast prices for crude oil and petroleum products for the remainder of 2024 in our March Short-Term Energy Outlook (STEO) following the announcement that OPEC+ will extend the existing voluntary production cuts through the second quarter of 2024. […]

EIA projects renewables share of U.S. electricity generation mix will double by 2050
EIA News

EIA projects renewables share of U.S. electricity generation mix will double by 2050

February 8, 2021 Stu Turley

In its Annual Energy Outlook 2021 (AEO2021), the U.S. Energy Information Administration (EIA) projects that the share of renewables in the U.S. electricity generation mix will increase from 21% in 2020 to 42% in 2050. Wind and […]

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