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Homeproduction/supply

production/supply

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. […]

Goldman Sachs Warns Of Bullish Perfect Storm For Natural Gas - Energy News Beat
EIA News

New England natural gas and electricity prices increase on supply constraints, high demand

February 6, 2022 Mariel Alumit

Source: Graph created by the U.S. Energy Information Administration, based on data from Natural Gas Intelligence and S&P Capital IQ The spot natural gas price at the Algonquin Citygate, a trading hub and the benchmark for […]

Pipeline - Energy News Beat
EIA News

Shale natural gas production in the Appalachian Basin sets records in first half of 2021

September 1, 2021 Andy Del Prado

Source: Graph by U.S. Energy Information Administration, based on state administrative data collected by Enverus Drillinginfo Inc. Dry natural gas production from shale formations in the Appalachian Basin that spans Pennsylvania, West Virginia, and Ohio has been growing since […]

U.S. coal exports
Coal

Six U.S. states accounted for over half of the primary energy produced in 2019

August 31, 2021 Andy Del Prado

Source: U.S. Energy Information Administration, State Energy Data System In 2019, the top six primary energy-producing states—Texas, Pennsylvania, Wyoming, Oklahoma, West Virginia, and North Dakota—accounted for 55 quadrillion British thermal units (quads), or 55% of all of […]

U.S. coal exports
CCUS

In 2020, the United States produced the least CO2 emissions from energy in nearly 40 years

July 26, 2021 Andy Del Prado

Source: U.S. Energy Information Administration, Monthly Energy Review Note: Click for full U.S. CO2 emissions chart. In 2020, as the country responded to the COVID-19 pandemic, CO2 emissions from energy consumption in the United States fell to the lowest level since […]

Extreme winter weather is disrupting energy supply and demand, particularly in Texas - energynewsbeat
Electrical Generation / Utilities

Extreme winter weather is disrupting energy supply and demand, particularly in Texas

February 19, 2021 Stu Turley

Last weekend, a major winter weather system characterized by extreme cold spread across much of the central United States, disrupting energy systems and causing serious health and safety issues, particularly in Texas. At the same […]

Crude Oil News

The Gulf of Mexico saw its largest decrease in crude oil production since 2008 in August

November 25, 2020 Stu Turley

In August 2020, the Federal Offshore Gulf of Mexico (GOM) saw its largest monthly decrease in production of crude oil since September 2008, dropping by 453,000 barrels per day (b/d), or 27%. Production of crude […]

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