U.S. Energy Information Administration
U.S. crude oil production and crude oil inventories both rose last week. Gasoline inventories are falling, however, and pump prices continue rising.
1 year ago
Energy generated from renewable sources passed coal-fired power consumption in the first quarter of this year.
1 year ago
Crude oil prices have dropped to near two-decade lows as the Saudis affirm their production increase and the coronavirus slices into demand.
1 year ago
The Saudi-Russian oil price war and potentially increased availability of supply from Saudi Arabia delivered enough of a knockout blow on Monday that the U.S. government figured out it better stop...
1 year ago
Last Updated: 1 year ago
Analysts at IHS Markit expect U.S. shale oil production growth to decline by half next year. How investors (who are demanding a bigger share of profits) respond is the big question.
1 year ago
Last Updated: 1 year ago
The U.S. commercial crude oil inventory rose by nearly 8 million barrels last week and oil prices are sliding as a result.
1 year ago
Last Updated: 1 year ago
The U.S. stockpile of crude oil rose by nearly 6 million barrels last week while stocks of gasoline and diesel fuel declined. The price of crude has slipped by less than 1% following the report from...
1 year ago
Last Updated: 1 year ago
The U.S. crude oil inventory dropped last week as did stockpiles of gasoline and diesel fuel. But the decline is having only a moderate effect on the crude oil market.
1 year ago
Last Updated: 1 year ago
The U.S. crude oil stockpile rose by more than 9 million barrels last week but the impact of the huge increase was partially offset by large declines in gasoline and distillate inventories.
1 year ago
Last Updated: 1 year ago
The U.S. Energy Information Administration has projected that almost half of global electricity generation by 2050 will be fueled by renewable sources.
1 year ago
Last Updated: 1 year ago
The U.S. stockpile of crude oil rose by 1.1 million barrels last week, the first gain in five weeks. Hopes for a quick recovery in Saudi Arabian production also have been raised.
2 years ago
Last Updated: 1 year ago
The OPEC Monthly Oil Market Report for August was released today. It didn't make much noise when it landed.
2 years ago
Last Updated: 1 year ago
Americans use an extraordinary amount of gasoline per day, which means even a small price change can cost consumers hundreds of millions of dollars a year.
2 years ago
Last Updated: 1 year ago
The U.S. natural gas stockpile rose by 25 billion cubic feet last week, a bit less than analysts expected. Cooler weather in the Midwest is likely to push prices higher this week.
2 years ago
Last Updated: 1 year ago
Summer gasoline prices are forecast to be nearly a dime a gallon lower this year than they were last summer. Good news for Americans who will be hitting the roads this summer.
2 years ago
Last Updated: 1 year ago