EIA’s Annual Energy Outlook 2018 (AEO2018) projects that U.S. dry natural gas production will increase through 2050 across a wide variety of alternative assumptions about the future. In the Reference case, which is based on current laws and regulations, production…
Month: April 2018 (page 2)
Natural gas inventories end heating season at the lowest level since 2014
Working natural gas in storage in the United States as of March 31, 2018, the end of the 2017-2018 heating season, totaled 1,351 billion cubic feet (Bcf), according to EIA’s estimate based on its Weekly Natural Gas Storage Report. This…
Summer gasoline prices expected to be highest in four years
EIA forecasts that drivers in the United States will pay an average of $2.74 per gallon (gal) this summer for regular gasoline, the highest average summer gasoline price in four years, according to EIA’s Short-Term Energy and Summer Fuels Outlook.…
U.S. Gulf of Mexico crude oil production to continue at record highs through 2019
U.S. crude oil production in the Federal Gulf of Mexico (GOM) increased slightly in 2017, reaching 1.65 million b/d, the highest annual level on record. Although briefly hindered by platform outages and pipeline issues in December 2017, oil production in…
By some measures, U.S. natural gas production set a record in 2017
Two out of three of EIA’s measures of natural gas production in the United States set records in 2017. U.S. natural gas production measured as gross withdrawals reached 90.9 billion cubic feet per day (Bcf/d) in 2017, the highest volume…
U.S. crude oil production growth projected to be led by light, sweet crude oil
Recent growth in U.S. crude oil production has been primarily light, sweet crude oil, defined as having an API gravity of 35 or higher and sulfur content of 0.3% or less. These light, sweet crudes, which are produced from tight…
About 7% of fossil fuels are consumed for non-combustion use in the United States
While most fossil fuels in the United States are burned, or combusted, to produce heat and power, EIA estimates that the equivalent of about 5.5 quadrillion British thermal units of fossil fuels were consumed for non-combustion purposes in the United…
Average frequency and duration of electric distribution outages vary by states
Interruptions in electricity service vary by frequency and duration across the many electric distribution systems that serve about 145 million customers in the United States. In 2016, customers experienced an average of 1.3 interruptions and went without power for four…
U.S. production of crude oil grew 5% in 2017, likely leading to record 2018 production
Annual average U.S. crude oil production reached 9.3 million barrels per day (b/d) in 2017, an increase of 464,000 b/d from 2016 levels after declining by 551,000 b/d in 2016. In November 2017, monthly U.S. crude oil production reached 10.07…
In 2017, U.S. electricity sales fell by the greatest amount since the recession
U.S. retail electricity sales fell by 80 billion kilowatthours (kWh) in 2017, the largest drop since the economic recession in 2009. The 2% decrease in 2017 reflects lower retail sales in the residential, commercial, and industrial sectors and is largely…
