U.S. Energy Information Administration

Crude Price Rises as Inventory Levels Fall for First Time in 6 Weeks

Posted: October 23, 2019 at 11:05 am

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories declined by 1.7 million barrels last week, maintaining a total ...
Read Full Story »

Oil Price Holds Firm Despite Massive Stockpile Increase

Posted: October 17, 2019 at 11:40 am

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning, showing that U.S. commercial crude inventories soared by 9.3 million barrels last week, maintaining a total ...
Read Full Story »

Renewable Energy to Supply Half of Global Electricity by 2050

Posted: October 3, 2019 at 9:50 am

In 2018, more than a quarter (28%) of global electricity was generated from renewable energy sources like solar, wind and hydro, with the latter being responsible for 96% of renewable ...
Read Full Story »

US Oil Stockpile Posts First Build in 5 Weeks

Posted: September 18, 2019 at 11:15 am

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories increased by 1.1 million barrels last week, maintaining a total ...
Read Full Story »

Who Cares About OPEC’s Monthly Oil Market Report Anymore?

Posted: August 16, 2019 at 1:25 pm

There was a time when any pronouncement on the oil market from Vienna, home of the Organization of the Petroleum Exporting Countries (OPEC), was parsed with nearly the same care ...
Read Full Story »

This Is How Much Gas Americans Use a Day and Why It Matters

Posted: July 8, 2019 at 9:26 am

Gasoline prices may rise throughout the summer now that the Fourth of July holiday period is over. That would mean that prices would creep back toward $3 a gallon, which ...
Read Full Story »

Natural Gas Price Ticks Higher on Weather Outlook, Minimal Storage Growth

Posted: April 11, 2019 at 11:00 am

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles increased by 25 billion cubic feet for the week ending March 29. Analysts were expecting a ...
Read Full Story »

Summer Gas Prices Will Be Lower This Year

Posted: April 11, 2019 at 8:30 am

For the past two months, retail gasoline prices have been on a steady march higher, from a low of around $2.24 for a gallon of regular gasoline at the beginning ...
Read Full Story »

Natural Gas Price Dips as Permian Basin Prices Go Negative

Posted: April 4, 2019 at 1:25 pm

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles increased by 23 billion cubic feet for the week ending March 29. Analysts were expecting a ...
Read Full Story »

Natural Gas Price Steady on Small Inventory Draw

Posted: March 28, 2019 at 10:55 am

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles decreased by 36 billion cubic feet for the week ending March 22. Analysts were expecting a ...
Read Full Story »

Natural Gas Price Holds Following Expected Inventory Withdrawal

Posted: March 7, 2019 at 10:45 am

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles decreased by 149 billion cubic feet for the week ending March 1. Analysts polled by Reuters ...
Read Full Story »

Natural Gas Price Trades Sideways After Expected Withdrawal

Posted: February 28, 2019 at 3:17 pm

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles decreased by 166 billion cubic feet for the week ending February 22. Analysts polled by Reuters ...
Read Full Story »

Natural Gas Price Rises on Another Big Storage Drawdown

Posted: February 21, 2019 at 2:03 pm

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles decreased by 177 billion cubic feet for the week ending February 15. Analysts polled by Reuters ...
Read Full Story »

Natural Gas Price Ticks Lower After Inventory Report

Posted: February 14, 2019 at 1:35 pm

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles decreased by 78 billion cubic feet for the week ending February 8. Analysts polled by Reuters ...
Read Full Story »

Crude Oil Prices Solidly Higher, Ignoring Rising US Inventories

Posted: February 13, 2019 at 11:25 am

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories increased by 3.6 million barrels last week, maintaining a total ...
Read Full Story »