Today in Energy
Natural gas imports from Canada continue providing winter reliability to U.S. markets
Despite the downward trend in natural gas imports from Canada, trade between the United States and Canada remains important in balancing U.S. natural gas markets and helps ensure reliable supply to parts of the United States. Because of ample capacity on pipelines and in storage facilities in ...
One of the largest wind farms in the United States was completed in Oklahoma last spring
In April 2022, the Traverse Wind Energy Center in Oklahoma was completed and came online. At 999 megawatts (MW) of capacity, the Traverse facility is one of the largest wind farms in the United States and is the largest wind farm built in one phase in North America. Project developers expect that it ...
Working natural gas stocks end refill season near previous five-year average
Working natural gas stocks reached 3,644 billion cubic feet (Bcf) as of November 11, 2022, according to the Weekly Natural Gas Storage Report, nearly matching the five-year average, and exceeded the year-ago level for this time of year. The deficit to the five-year average totaled 7 Bcf (0.2%) as of ...
Residential heating oil prices start winter heating season higher than last year
U.S. heating oil prices were 65% higher this October than they were in October of last year, according to our Heating Oil and Propane Update (HOPU). The winter heating season runs from October 1 through the end of March. Residential heating oil prices rose to an annual high of $5.90 per gallon (gal) ...
Residential propane prices in October 2022 similar to prices in October 2021
Propane prices during the first month of the current winter heating season (October–March) are essentially unchanged compared with prices at the same time last winter. The U.S. residential price of propane averaged $2.66 per gallon (gal) in October 2022, the same as the average price in October ...
U.S. natural gas disposition increased in 2021, driven by exports
Our most recent annual data for 2021 show that the net disposition of natural gas in the United States increased by 3.6% in 2021 compared with 2020 as a result of growth in liquefied natural gas (LNG) exports. We define net disposition as consumption, net exports, and net storage. In 2021, however, ...
U.S. electricity customers averaged seven hours of power interruptions in 2021
On average, U.S. electricity customers experienced just over seven hours of electric power interruptions in 2021, almost an hour less than in 2020. When major events—including snowstorms, hurricanes, and wildfires—are excluded, the average duration of interruptions annually remained consistently at ...
Strong demand for diesel leads to high prices and tight inventories going into winter
Strong demand for ultra-low sulfur diesel (ULSD) in October, combined with reduced global production, has resulted in lower ULSD inventories in the United States. ULSD is the most widely consumed form of distillate fuel oil. Read More... ...
EIA now expects U.S. natural gas prices to average above $6.00/MMBtu this winter
In our November Short-Term Energy Outlook (STEO), we forecast that natural gas spot prices at the U.S. benchmark Henry Hub will average $6.09 per million British thermal units (MMBtu) this winter (November 2022–March 2023), the highest real price since winter 2009–10. Our forecast reflects natural ...
Most U.S. coal is mined in the West, but most coal mining jobs are in the East
In 2021, 60% of the country’s coal was produced in the western United States, but only 28% of workers in the coal mining industry worked there, based on data from our Annual Coal Report. This difference is related to the technologies used in the East and West; surface mines in the West can use ...
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