Global demand for oil and natural gas will continue rising through 2050 under a range of scenarios studied by the US Energy Information Administration in its 2023 International Energy Outlook. The agency cast its projections as a "plausible but sober" assessment of energy trends out to midcentury...
Global demand for oil and natural gas will continue risingthrough 2050 under a range of scenarios studied by the USEnergy Information Administration in its 2023 InternationalEnergy Outlook.The agency cast its projections as a "plausible but sober"assessment of energy trends out to midcentury."Across...
Staunovo said, "The production of all major products: gasoline, distillate oil, and aviation coal is higher than STEO's estimate." **Natural gas production has decreased for the second consecutive month** The monthly 914 production report released by the EIA on Friday showed that in April, t...
the administrator said, although crude oil will maintain its lead through 2040. Coal demand is projected to level out toward the end of the forecast period if India and China’s reliance on the fuel begins to wane in favor of other fuels, such as natural gas. ...
Brentcrudeoilspotprice(dollarsperbarrel) $82$82$79 Retailgasolineprice(dollarspergallon) $3.52$3.36$3.24 U.S.crudeoilproduction(millionbarrelsperday) 12.9213.2113.44 NaturalgaspriceatHenryHub(dollarspermillionBritish thermalunits) $2.54$2.66$2.95 U.S.liquefiednaturalgasgrossexports(billioncubicfeet per...
EIA also projected U.S. gas consumption would rise to an all-time high of 85.10 Bcf/d in 2019 from a record 82.50 Bcf/d a year ago. The 2019 demand projection in the November STEO report was up from EIA’s 84.25 Bcf/d forecast for the year in October. ...
However, as a reflection of the recovery in oil and gas prices, cash from operations in the first quarter totaled $79 billion, which EIA calculates at 19% higher than in the first quarter of last year. FIGURE 2 U.S. Oil Production Source: U.S. Energy Information Administration, Short-...
The report also covers other petroleum products such as gasoline, distillates, and propane. Usually, when this report shows unexpected changes in crude oil and gasoline inventories, it causes a ripple effect across the market. These changes can also affect what consumers pay at the gas pumps. ...
The US Energy Information Administration (EIA) expects that the United States will generate more electricity from renewables and coal in the second half of this year, as electricity demand and natural gas prices increase. In its July Short-Term Energy Ou
EIA: US Oil Inventories Dip; Gasoline Builds U.S. crude stockpiles fell less than expected last week, while gasoline inventories grew as demand remained weak, the Energy Information Administration (EIA) said May 3, keeping concerns about global supply on a simmer....