Today in Energy
U.S. imports of biomass-based diesel increased 12% in 2020
U.S. imports of biomass-based diesel, which include biodiesel and renewable diesel, grew 12% in 2020 to more than 31,000 barrels per day (b/d), increasing for the second consecutive year. Imports of biomass-based diesel increased in 2020 because of growing demand to meet government renewable fuel...
U.S. spent nuclear fuel inventory steadily increased from 2013 through 2017
The volume of spent nuclear fuel produced by nuclear power plants in the United States has steadily increased during the past few decades. The volume of spent nuclear fuel at the end of 2017 was 13.5% metric tons more than at the end of June 2013, according to newly released data from EIA’s...
New York’s Indian Point nuclear power plant closes after 59 years of operation
The Indian Point Energy Center (Indian Point) permanently stopped generating electricity on April 30, 2021, when it retired its last operating nuclear reactor, Unit 3, earlier than originally planned. The Indian Point nuclear power plant began operations in 1962 and produced over 565 terawatthours...
Increased air travel is beginning to increase U.S. jet fuel consumption
In recent weeks, the number of air travel passengers has increased in the United States, which may indicate a corresponding near-term increase in jet fuel demand. Jet fuel demand has been at historic lows since April 2020. According to EIA’s Weekly Petroleum Status Report (WPSR), the four-week...
EIA expects commercial energy use to grow more slowly than floorspace
In our Annual Energy Outlook 2021 (AEO2021), EIA projects that commercial floorspace will grow significantly over the next 30 years in the United States; however, energy use grows at a much slower pace. We assume wider adoption of commercial building sensors and controls over time and other factors...
U.S. energy imports declined in 2020, while exports remained largely unchanged
Energy exports from the United States exceeded imports by 3.4 quadrillion British thermal units (quads) in 2020, the largest margin on record, according to EIA’s . U.S. energy exports totaled 23.4 quads, nearly equaling the record high set in 2019, and energy imports fell 13% to 20.0 quads...
CountryMark Supports Indiana Ethanol Bill
An unknown Ohio group mailed postcards earlier this month to a number of Indiana households and businesses that claimed CountryMark “hates ethanol” because of CountryMark’s support for Indiana Senate Bill 303, also known as the ethanol or gasohol bill. SB 303 seeks to update...
Oil production in Alaska reaches lowest level in more than 40 years
Crude oil production in Alaska averaged 448,000 barrels per day (b/d) in 2020, the lowest level of production since 1976. Last year’s production was over 75% less than the state’s peak production of more than 2 million b/d in 1988. Production declined in 28 of the 32 years since...
U.S. exploration and production companies are issuing new debt and equity
Based on all announced corporate press releases, the amount of debt and equity issued among publicly traded independent U.S. exploration and production (E&P) companies totaled $4.4 billion in March 2021, the most since August 2020. EIA analyzed and compiled the amounts via Evaluate Energy, a...
Planned refinery outages unlikely to affect U.S. transportation fuel supplies
According to EIA analysis, planned refinery outages during the second quarter of 2021 are unlikely to cause a significant shortfall in the supply of petroleum products in the United States, particularly in transportation fuels including gasoline, jet fuel, and distillate fuel. Despite the severe...
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