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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
EIA: US Crude Inventories Sag As Oil Products Grow
Crude oil inventories in the United States decreased by 1.8 million barrels during the week ending December 5, after adding a modest 600,000 barrels in the week prior ... Read More
EIA Reports Modest U.S. Crude Draw after API Surprise
Crude oil inventories in the United States decreased by 1.3 million barrels during the week ending December 12, after losing 1.8 million barrels in the week prior ... Read More
Your electric bill will probably go up in 2026: Here’s why
U.S. residential electricity prices are expected to keep climbing in 2026, averaging about 18.02¢/kWh, up from 17.29¢/kWh in 2025, according to the latest ... Read More
US Natural Gas Output and Demand to Smash Records in 2025
The production of US natural gas and demand for it will both end the year at record highs, according to the US Energy Information Administration’s Short-Term Energy Outlook ... 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
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
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