By Hard Assets Investor: By Sumit Roy Natural gas was last trading up by more than 2.5 percent to $4.64/mmbtu after the Energy Information Administration reported that operators withdrew 152 billion cubic feet from storage last week, more than the 135-140 bcf that most analysts were expecting. Show More Summary
The heavily-hyped golden age of natural gas appears to have begun in earnest – at least in the United States – last year, according to new data released today by the U.S. Energy Information Administration. The EIA’s Natural Gas Monthly (NGM) report for February contains state and national?level estimates of natural gas volume and price [...]
By Hard Assets Investor: By Sumit Roy Natural gas was last trading up fractionally to $4.55/mmbtu after the Energy Information Administration reported that operators withdrew 95 billion cubic feet from storage last week, within the range of most analyst estimates. Show More Summary
The Energy Information Administration has released its tally of 2011 CO2 emissions by state. The report only included raw data, which puts the most populous states on top, so we broke down the data by millions of metric tons of CO2 per capita. Show More Summary
By Lior Cohen: The price of natural gas resumed its upward trend and passed the $6 mark during last week. United States Natural Gas (UNG) also sharply rose last week. According to the recent U.S Energy Information Administration weekly update, last week's natural gas withdrawal was above the five year average. Show More Summary
Despite stockpiles imploding and prices exploding in the short-term, The U.S. Energy Information Administration (EIA) has predicted that natural gas production in the US will continue to grow at an impressive pace. Right now output is close to 70 billion cubic feet a day and is expected to reach over 100 billion cubic feet per day by 2040. Show More Summary
This week, the Energy Information Administration, a division of the Department of Energy, offered some heartening news for anyone who cares about the environment. The EIA's adjusted forecast for U.S. coal-fired power plants showed that 60 gigawatts of capacity would be retired by 2016, up from its earlier estimate of 40 gigawatts. Show More Summary
By Hard Assets Investor: By Sumit Roy Natural gas was last trading up by about 1 percent to $6.22/mmbtu after the Energy Information Administration reported that operators withdrew 250 billion cubic feet from storage last week, within the range of most analyst estimates. Show More Summary
Coal retirements are happening, and fast, according to new data from the U.S. Energy Information Administration’s 2014 Annual Energy Outlook reference case. EIA’s latest prediction that about 60 gigawatts of coal will retire by 2016 is up from about 40 gigawatts that it predicted just last year. read more
The Energy Information Administration says Powder River Basin coal is likely to see increased demand in 2014, and some big coal companies are starting to talk about just that.
By Hard Assets Investor: By Sumit Roy Natural gas inventories plunged by 237 bcf last week. It was last trading up by more than 6 percent to $5.14/mmbtu after the Energy Information Administration reported that operators withdrew 237 billion cubic feet from storage last week, at the upper end of most analyst estimates. Show More Summary
The U.S. Energy Information Administration predicts warmer weather for 2014, which would lead to a decrease in natural gas consumption. Should investors be wary of natural gas producers based on government forecasting?
By Hard Assets Investor: By Sumit Roy Natural gas was last trading down by almost 2 percent to $4.95/mmbtu after the Energy Information Administration reported that operators withdrew 262 billion cubic feet from storage last week, below most analyst estimates, which were 270 bcf and above. Show More Summary
Natural gas production ticked up in the United States by about 1% last year, according to the U.S. Energy Information Administration. This modest growth masks massive changes in the geography of domestic gas production, which has strained operating conditions on at least one major interstate natural gas pipeline in the Northeast. The primary pipelines that [...]
According to the Energy Information Administration’s latest Residential Energy Consumption Survey (RECS), the average U.S. household consumed 11,321 kilowatt-hours (kWh) of electricity in 2009. If the average 2014 light duty vehicle is rated at 24 MPG and travels 12,000 miles a year, then the amount of energy consumed by the vehicle over the year is Continue reading ?
Electricity consumption in American homes has dropped for the third year in a row and is already back to 2001 levels, according to a study by the US Energy Information Administration. This, the experts say, is down to more efficient gadgets and homes that are cheaper to insulate. The UK seems to be doing well [...]
By Hard Assets Investor: By Sumit Roy Natural gas inventories fell only modestly last week, but traders look forward. Natural gas was last trading up by close to 2 percent to $4.77/mmbtu after the Energy Information Administration reported...Show More Summary
By Hard Assets Investor: By Sumit Roy Marcellus basin surge offsets Haynesville plunges. Natural gas production increased in 2013, but just barely, according to the latest data from the Energy Information Administration. For the year as a whole, output in the U.S. Show More Summary
Much like the Energy Information Administration annual report released in December that pegged the United States’ crude-oil production approaching its...
Finalizing its 2013 report on U.S. greenhouse gas emissions, the Energy Information Administration (EIA) projects an increase of 2 percent for the year, the first in three years. Over the longer term, U.S. greenhouse gas emissions have been in a downtrend, one that the EIA expects will continue. read more