Combusting fuel for electricity generation creates solid byproducts, which have decreased in recent years as some fuelsespecially coal, the source of nearly all of these byproductshave been used less frequently in the United States. In 2020, for the first time…
Category: Energy News (page 3)
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European petroleum tanker rates rise due to geopolitical instability and marine fuel costs
Petroleum tanker rates for routes originating in Europe rose to record highs in April 2022 because of geopolitical instability related to Russia’s full-scale invasion of Ukraine and rising marine fuel prices, also known as bunker fuel. Dirty tanker rates for…
FERC approves new natural gas pipeline projects to increase U.S. exports
Our recently updated Natural Gas Pipeline Project Tracker tracks recently approved and completed natural gas pipeline projects. In the first quarter of 2022, the Federal Energy Regulatory Commission (FERC) approved three projects intended to increase U.S. natural gas exports via…
U.S. retail diesel prices increase to over $6 per gallon in the Northeast
On May 16, 2022, the average U.S. on-highway retail diesel fuel price was $5.61 per gallon (gal), a $2.00/gal increase from January 3. Although retail diesel prices have increased across the entire United States, prices in the Northeast have increased…
EIA expects solar and wind to be larger sources of U.S. electricity generation this summer
In our Summer Electricity Outlook, a supplement to our May 2022 Short-Term Energy Outlook, we expect the largest increases in U.S. electric power sector generation this summer will come from renewable energy sources. These increases are the result of new…
Stronger U.S. dollar contributes to higher crude oil prices in international markets
The price of Brent crude oil, the world benchmark, has increased in 2022, partly as a result of Russias full-scale invasion of Ukraine. In addition, a strong U.S. dollar means that countries that use currencies other than the U.S. dollar…
Natural gas production in the Bakken region grew while crude oil fell in 2021
Annual natural gas production (measured as gross withdrawals) in North Dakotas Bakken region increased by 9% in 2021, even as the regions crude oil production declined by 6%, according to our Drilling Productivity Report.
U.S. energy-related CO2 emissions rose 6% in 2021
In 2021, U.S. energy-related carbon dioxide (CO2) emissions increased by 296 million metric tons (MMmt), or 6%, compared with 2020 levels. This increase followed a rise in economic activity and energy consumption once the initial economic impacts of the COVID-19…
Natural gas consumed by U.S. electric power sector sets January record in 2022
In January 2022, natural gas consumed for electric power in the United States averaged 31.6 billion cubic feet per day (Bcf/d), the highest January average on record and the highest amount for any winter month. Natural gas consumed for electric…
East Coast jet fuel prices remain higher than other spot price hubs
The spot jet fuel price in New York Harbor traded at record-high levels for several weeks in April. The price has since declined, but it has remained higher than the prices at both the U.S. Gulf Coast and the Amsterdam,…
