Increased heating demand for natural gas this past winter resulted in more withdrawals from U.S. natural gas storage than normal. By the end of March, the least amount of natural gas was held in U.S underground storage in the Lower 48 states since 2019. […]
Category: Today in Energy
Wind was second-largest source of U.S. electricity generation on March 29
On Tuesday, March 29, wind turbines in the Lower 48 states produced 2,017 gigawatthours (GWh) of electricity, making wind the second-largest source of electric generation for the day, only behind natural gas, according to our Hourly Electric Grid Monitor. Daily wind-powered electricity had surpassed coal-fired and nuclear electricity generation separately on other days earlier this […]
Haynesville natural gas production reached a record high in late 2021
Dry natural gas production from the Haynesville shale play in northeastern Texas and northwestern Louisiana reached new highs in the second half of 2021, and production has remained relatively strong in early 2022. Haynesville natural gas production accounted for about 13% of all U.S. dry natural gas production in February 2022. […]
The United States increased both imports and exports of petroleum products in 2021
In 2021, an average of 5.7 million barrels per day (b/d) of petroleum products were exported from the United States, an increase of 360,000 b/d from 2020. U.S. imports of petroleum products also increased to 2.4 million b/d in 2021, up by 371,000 b/d from 2020. Increased domestic and global economic activity was one factor […]
In 2020, 27% of U.S. households had difficulty meeting their energy needs
In 2020, 34 million U.S. households (27% of all U.S. households) reported difficulty paying energy bills or reported that they had kept their home at an unsafe temperature because of energy cost concerns. This estimate is less than what was reported in the previous iteration of the Residential Energy Consumption Survey (RECS), when 37 million […]
U.S. nuclear electricity generation continues to decline as more reactors retire
In 2021, for the second consecutive year, U.S. nuclear electricity generation declined. Output from U.S. nuclear power plants totaled 778 million megawatthours in 2021, or 1.5% less than the previous year. Nuclear’s share of U.S. electricity generation across all sectors in 2021 was similar to its average share in the previous decade: 19%. […]
U.S. residential electricity expenditures increased by $5 per month in 2021
Utility electric bills for residential customers in the United States increased by $5 per month to average $122 in 2021. Average monthly residential electricity expenditures ranged from a high of $178 per month in Hawaii to a low of $82 per month in Utah. […]
Ethane to outpace growth in all other U.S. petroleum product consumption through 2023
Consumption of ethane has grown every year since 2010 in the United States, and more ethane is now consumed in the country than either jet fuel or propane. Consumption of ethane, which we estimate using product supplied, grew by 50,000 barrels per day (b/d) in 2021, according to data from our March 2022 Petroleum Supply […]
Prices for California’s emissions credits increase in early 2022 auction
In its first quarterly auction of 2022, emissions credits in the joint California-Quebec allowance auction sold for $29.15 per metric ton of carbon dioxide equivalent, or nearly $10 per metric ton more than the minimum price for allowances. Emissions credits sold in this market can be used to comply with California’s cap-and-trade program, which covers […]
EIA explores effects of not building future interstate natural gas pipelines
In our Annual Energy Outlook 2022 (AEO2022), Issues in Focus: Exploration of the No Interstate Natural Gas Pipeline Builds, we analyze the effects on the energy market if no additional U.S. natural gas pipeline capacity is built between 2024 and 2050. In the No Interstate Natural Gas Pipeline Builds case, we project 5% less natural […]
