US commercial crude oil stocks rose 1.294 million barrels during the week ended April 10, marking the smallest build over the last 14 weeks, according to the latest data from the US Energy Information Administration. Stocks now total 483.687 million barrels, and production and imports also fell during the week. For more information, including the […]
Citing a boom in natural gas as well as shifts in demand, the Energy Information Administration says the U.S. could stop being a net energy importer "sometime between 2020 and 2030."
The Energy Information Administration looks ahead to 2040.
US crude oil inventories continue to swell. Last week, oil inventories rose by 1.3 million barrels from the previous week, according to the Energy Information Administration's weekly data release. That brings the total to 483.7 million...Show More Summary
Crude oil is rallying. West Texas Intermediate crude climbed by more than 3% to as high as $53.70 per barrel. Prices have climbed steadily so far this week after the Energy Information Administration's drilling productivity report published...Show More Summary
By Henning Gloystein SINGAPORE (Reuters) - Crude prices rose on Tuesday after the U.S. Energy Information Administration said it expected U.S. shale oil output to record its first monthly decline in over four years. Front-month Brent crude futures were trading up 34 cents a $58.27 a barrel by 0106 GMT, while U.S. Show More Summary
Get out the maps, tune up the car, and update the GPS software. It’s time to plan a summer road trip! The Energy Information Administration, which is also known affectionately by the acronym, EIA, has happy news; the price of gasoline will be about a dollar per gallon cheaper this [...]
America is still brimming with oil. Last week, crude oil inventories rose by 10.9 million barrels from the previous week, according to the Energy Information Administration's weekly data release. That brings the total to 482.4 million...Show More Summary
California became the first state to generate more than 5% of its electricity from utility solar, according a new report from the U.S. Energy Information Administration (EIA). California’s utility-scale (1 megawatt or larger) solar plants generated a record 9.9 million mega watt hours (MWh) of electricity in 2014, an increase of 6.1 million MWh from […]
Americans will spend $700 less on gasoline this summer compared to last year, the Energy Information Administration forecasted Tuesday. Average household spending at the pump is approaching the lowest level in 11 years, it said. The...Show More Summary
The U.S. Energy Information Administration (EIA) has found that California is the first state to use more than 5 percent utility-scale solar power for electricity generation. Utility-scale power is defined as 1 megawatt (MW) or larger. According to the report, the solar plants generated 9.9 megawatt-hours (MWh) of electricity in 2014 — 6.6 MWh more […]
OPEC countries earned $730 billion from oil exports in 2014, according to the Energy Information Administration. That's down from $824 billion in 2013, and the lowest revenue posted since 2010, the EIA says. The decline was mostly because of falling oil prices in the second half of the year, but there was also a decrease in exports overall. Show More Summary
Total US commercial crude oil stocks built for the 12th consecutive week, rising 4.766 million barrels for the week ended March 27, according to data released today by the US Energy Information Administration. Stocks now top more than 471 million barrels, and stocks at Cushing, Oklahoma, increased 2.63 million barrels to 58.94 million barrels. Since […]
Over half of the world's oil supply moved through set maritime routes in 2013, according to the US Energy Information Administration (EIA), often aboard massive tanker ships. To minimize costs, tankers transport oil along established paths that are as short as possible. Show More Summary
This week, for the first time ever, the Energy Information Administration released data on how much crude oil is being shipped by rail across the United States. And the numbers are amazing. US railroads now carry 33.7 million barrels of oil a month across the country. Show More Summary
Concerns following the release of the U.S. Energy Information Administration’s latest API-enabled tool draw attention to the problems government agencies will increasingly face when creating in the open.
Known oil and gas fields in the Levant Basin US Energy Information Administration/Wikimedia This story first appeared on the TomDispatch website. Guess what? Almost all the current wars, uprisings, and other conflicts in the Middle East...Show More Summary
While US crude oil production was almost flat for the week ended March 20, total commercial stocks increased 8.170 million barrels to 466.678 million barrels, according to data released today from the US Energy Information Administration. Refineries were slightly more active during the week, with the utilization rate increasing 0.9 percentage point to 89% of […]
Scheduled 2015 capacity additions mostly wind and natural gas; retirements mostly coal March 10, 2015 (U.S. Energy Information Administration) “In 2015, electric generating companies expect to add more than 20 gigawatts (GW) of utility-scale generating capacity to the power grid. Show More Summary
The US Energy Information Administration now has electricity generation figures up for December 2014, but one of our readers, Christopher Patusky, actually spotted a very interesting milestone from November that I think was widely missed: wind power produced more electricity than hydropower for the month as a whole… for the first time in history. Show More Summary