Us News U S Energy Information Administration Eia

The EIA Thinks OPEC Can Pump More Than Anyone Expected

The U.S. Energy Information Administration quietly rewrote a key assumption about the global oil market this week: OPEC can produce more oil than previously thought. Read More

US Oil Production Hits Record 13.8 Million Barrels Per Day In August: EIA

・US diesel demand was 4.9% lower in August ・ExxonMobil and Chevron said they are ramping up production despite a possible reduction in prices U.S. oil production hit a record 13.8 million barrels per ... Read More

EIA Raises 2025 Henry Hub Price Forecast

In its latest short term energy outlook, the U.S. Energy Information Administration increased its Henry Hub spot price forecast for 2025. Read More

Last year's hurricanes caused most hours of power outages in a decade

In a December brief, the U.S. Energy Information Administration reported that three storms drove 80% of power outages nationwide in 2024. Read More

EIA Raises U.S. Home Heating Fuel Expense Forecasts on Expected Colder Winter -- OPIS

EIA said it now expects an average household to pay more for retail natural gas this winter compared with the last one. It said the spot price of natural gas at Henry Hub was near $3/MMBtu in October, ... Read More

US power use to reach record highs in 2025 and 2026, EIA says

Dec 9 (Reuters) - U.S. power consumption will hit record highs in 2025 and 2026, the Energy Information Administration said in its short-term energy outlook on Tuesday. The EIA projected power demand ... Read More

US drillers add oil, gas rigs for first time in three weeks, Baker Hughes says

U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Tuesday. Read More