U.S. Energy Information Administration

US Shale Oil Production Headed for a Fall

Posted: November 7, 2019 at 12:15 pm

Total U.S. crude oil production reached a 20-year low of around 3.8 million barrels a day in August of 2005. As of last week, U.S. production has totaled 12.6 million ...
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Crude Price Gives Up Gains After Large Stockpile Build

Posted: November 6, 2019 at 11:20 am

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories jumped by 7.9 million barrels last week, maintaining a total ...
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Crude Price Slips on Rising US Stockpile

Posted: October 30, 2019 at 11:10 am

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories jumped by 5.7 million barrels last week, maintaining a total ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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