In the most recent update of our table of federal and state motor fuel taxes, state gasoline taxes ranged from as low as 8.95 cents per gallon (/gal) in Alaska to as high as 65.1 cents/gal in California on July…
ENERGY & UTILITIES NEWS
OUR TEAM OF AUDITORS HAVE OVER 50 YEARS OF EXPERIENCE IN BOTH THE UTILITY AND TELECOM INDUSTRY.
China increased electricity generation annually from 2000 to 2020
China has steadily increased its electricity generation over the past 20 years, reaching 7,600 terawatthours (TWh) in 2020 from 1,280 TWh in 2000, according to our recently updated Country Analysis Brief: China. Despite COVID-19 mitigation efforts in 2020, China still…
California fuel mix changes in response to September heat wave
An extreme heat wave affected California the week of September 4, 2022, driving record-breaking demand for electricity to meet increased air-conditioning use. On September 6, a new record was set in the California Independent System Operator’s (CAISO) territory.
The Waha Hub natural gas price continues to fall below the Henry Hub price
Since late 2021, the difference has been widening between the natural gas price at the Waha Hub in West Texas and the U.S. benchmark Henry Hub in Louisiana. The price of natural gas traded at the Waha Hub, which is…
Nuclear power provided about 10% of California’s total electricity supply in 2021
In 2021, three nuclear power plants supplied about 10% of California’s electricity. Diablo Canyon, located in San Luis Obispo County, is California’s last operating nuclear power plant, and it supplied over 8% of California’s electricity in 2021. The remaining nuclear…
Nuclear power provided about 10% of Californias total electricity supply in 2021
In 2021, three nuclear power plants supplied about 10% of Californias electricity. Diablo Canyon, located in San Luis Obispo County, is Californias last operating nuclear power plant, and it supplied over 8% of Californias electricity in 2021. The remaining nuclear…
EIA forecasts East Coast gasoline inventories will build by the end of 2022
In our September 2022 Short-Term Energy Outlook, we forecast that monthly East Coast gasoline inventories will generally increase from July’s multiyear lows. We forecast gasoline inventories will build by the end of 2022 and remain higher than July’s low throughout…
More natural gas rigs are now operating in the United States than before the pandemic
U.S. natural gas producers are operating more drilling rigs now than at the beginning of the COVID-19 pandemic in early 2020. Before the pandemic, the number of operating rigs in the United States had generally been declining. On January 31,…
EIA forecasts record U.S. natural gas consumption in 2022
In our September Short-Term Energy Outlook (STEO), we expect natural gas consumption to increase by 3.6 billion cubic feet per day (Bcf/d) in the United States during 2022 to average 86.6 Bcf/d for the year, the most annual U.S. natural…
Carbon intensity of U.S. power generation continues to fall but varies widely by state
From 2016 to 2020, the carbon intensity of U.S. power generation fell 18%, driven by a shift in the U.S. electricity generation mix away from coal and toward natural gas and renewables. The carbon intensity of power generation measures the…
