One trader has an interesting theory about why oil may have bottomed. Earlier on Wednesday, data from the Energy Information Administration showed that crude oil inventories rose by 7.8 million barrels last week, more than the forecast...Show More Summary
US crude oil inventories are keep swelling. On Wednesday, the Energy Information Administration reported that inventories rose by 8.4 million barrels last week to 494.9 million. Analysts were expecting the build to be about half of that. Inventories...Show More Summary
The United States is set to be a comparatively large player in liquefied natural gas (LNG) exports through 2019, but it may not be able to sustain its edge beyond that time, US Energy Information Administration administrator Adam Sieminski told Sputnik.
The global oil market is not conducive to expansive US crude oil exports to Europe in the coming years, US Energy Information Administration (EIA) Administrator Adam Sieminski told Sputnik.
Oil prices are still declining with Brent falling below $28 today.Here a few excerpts from an article by Professor James Hamilton: World oil supply and demandAccording to the Energy Information Administration’s Monthly Energy Review database, world field production of crude oil in September was up 1.5 million barrels a day over the previous year. Show More Summary
According to the Energy Information Administration’s Monthly Energy Review database, world field production of crude oil in September was up 1.5 million barrels a day over the previous year. More than all of that came from a 440,000 b/d increase in the U.S., 550,000 b/d from Saudi Arabia, and 900,000 b/d from Iraq. If it […]
Gas! It’s cheap these days. And getting cheaper. The Energy Information Administration reports that this week the average price of regular gasoline fell below $2 a gallon for the first time since 2009. At $1.996, granted, it barely crossed the mark. Show More Summary
The United States Energy Information Administration (EIA) has revised its 2016 oil price forecast down by over one fourth in its short-term energy outlook.
The US has seen its coal production levels fall to their lowest levels since 1986, dropping 10% in 2015 as part of a longer downward-trend. Figures published by the US Energy Information Administration (EIA) earlier this month show that...Show More Summary
Shale oil production in the seven largest US oil and gas producing regions is due to decline in February compared to January by 116,000 barrels per day, according to the US Energy Information Administration's (EIA) report.
Last week the Energy Information Administration (EIA) reported that the $2.43 per gallon average US retail price for regular gasoline in 2015 was the lowest since 2009. A quick look at the EIA's handy page for comparing nominal and real...Show More Summary
While inventories were lower when the Energy Information Administration released its weeklyPetroleum Status ReportJan. 6, prices continued to drop for the week, indicating that investors are not likely to see improvement in oil price levels for at least the first half of 2016. The EIA’s report showed oil inventories decreasing by [...]
American consumers have been enjoying Christmas since July – that is, July 2014, when the average price for all grades of gasoline peaked at US$3.75 per gallon, according to the Energy Information Administration. Since then, prices have declined substantially, as every motorist knows: to $2.90 by...
Renewable energy continues to dominate new power plant capacity and distributed generation has contributed an increasingly large share. In recognition of this, the federal Energy Information Administration is finally going to reportShow More Summary
Approximately one year ago, I decided to start adding small-scale solar generation (mostly rooftop solar generation) estimates to the electricity generation data the US Energy Information Administration provides (see our exclusive “US...Show More Summary
It's Thanksgiving weekend, and millions of Americans are making the drive home for dinner. Fortunately for drivers, Thanksgiving gas prices this year are the lowest since 2008, according to the Energy Information Administration. TheShow More Summary
Energy-related carbon dioxide emissions increased 0.9 percent in 2014, according to the US Energy Information Administration’s online analysis, released today. Fossil fuel consumption accounted for 5,406 million metric tons of carbon dioxide in 2014, an increase of 1 percent from the 2013 level. The increase was influenced by gross domestic product growth combined with an […]
As total installed wind energy capacity grows, so will the Lone Star State’s ability to keep breaking wind energy records in the United States, says a recent report from the Energy Information Administration (EIA). According to dataShow More Summary
US Department of State spokesperson John Kirby said that the Obama administration has submitted its decision to continue the review process of the Keystone XL Pipeline to Canadian energy giant TransCanada.
Between 2000 and 2013, energy-related CO2 emissions fell in 37 states and rose in 13 states, according to a new report from the US Energy Information Administration. Maine saw the greatest percentage decrease in CO2 emissions with a 27 percent, or 6 million metric ton, reduction. New York experienced the greatest absolute decline at 52 […]