Eia

Wind Turbine

Wind-Powered Electricity Gains New Prominence but Still Long Way From Natural Gas, EIA Says

Daily wind-powered electricity eclipsed both coal-fired and nuclear electricity generation for the first time in March, though wind still pales in comparison to…

Oil & Gas Supply

US Shale Oil Production Growth Revised Downward, Natural Gas Outlook Rises: EIA

The US shale oil production forecast was revised downward in March by 116,000 b/d, although it is now expected to hit the previous March projection in April, th…

Coal Mine

US Coal Exports Increase 23% Between 2020 and 2021

According to the US Energy Information Administration (EIA), in 2021, coal exports from the US increased by 23% to 85 million short t from 69 million short t in…

LNG

EIA: US Weekly LNG Exports Down by One

The U.S. Energy Information Administration (EIA) reports that LNG exports are down by one LNG carrier this week from last week.

Oil Price

EIA Hikes Oil Price Forecast To $105 This Year

The Energy Information Administration (EIA) said in its latest Short-Term Energy Outlook (STEO), significantly raising its February forecast of $82.87 after Rus…

Solar Power Plant

Solar and Energy Storage to Dominate US Power Installs Through 2023 as Wind Flags: EIA

Utility PV to account for half of 85GW of planned generating capacity nation forecast to deploy, with 60% paired with battery-banks, according to Energy Informa…

Energy Storage Battery

EIA Sees Continued Sunny Skies for Solar and Energy Storage

Power plant developers and operators expect to add 85 GW of new generating capacity to the U.S. power grid from 2022 to 2023, according to data reported by the …

Crude Oil

U.S. Crude Oil Production Unchanged Last Week: EIA

U.S. crude oil production averaged 11.6 million barrels per day (b/d) during the week ending Feb. 25, unchanged from the previous week, U.S. Energy Information …

Crude Oil

U.S. December Oil Demand Hits Highest Since Before Pandemic -EIA

U.S. oil demand rose in December to its highest level since before the coronavirus pandemic began, the U.S. Energy Information Administration (EIA) said on Mond…

Hydropower Plant

Hydro Production Likely to Rise in Pacific Northwest, EIA Says

With “mixed water supply conditions” in the Pacific Northwest, hydroelectric production should rise in 2022.

Market Analysis

EIA Forecasts US Fossil Fuel Production to Reach New Highs in 2023

After declining in 2020, the combined production of US fossil fuels increased by 2% in 2021 to 77.14 quadrillion British thermal units.

Solar Power Plant

Solar to Lead New US Capacity in 2022-23: EIA

Utility-scale solar projects will make up 49pc of the new capacity in 2022-23, or 38.3GW out of a projected 78.3GW total.

Crude Oil

Oil Prices Rise On Record U.S. Oil Demand

The price of WTI crude rose nearly 2% on Thursday on EIA reports that U.S. implied petroleum products demand had risen to record heights.

Crude Oil

U.S. Strategic Oil Reserves Could Fall By 50% Over The Next Decade

The U.S. strategic petroleum reserve could drop by 304 million barrels over the next 10 years according to the EIA

Crude Oil

EIA Sees Brent Oil Price Falling To Average $72 In 2022

EIA: Crude oil prices are set to decline next year from the current levels of around $80