Today in Energy
Global electricity consumption continues to rise faster than population
Global electricity consumption continues to increase faster than world population, leading to an increase in the average amount of electricity consumed per person (per capita electricity consumption), according to the U.S. Energy Information Administration’s (EIA) International Energy...
The central United States set several wind power records this spring
Earlier this year, the Southwest Power Pool (SPP), the regional transmission organization that manages the electric grid for much of the central United States, set records for the highest share of electricity demand supplied by wind power in both a single-hour period (72%) and a full day (62%). Read...
EIA’s liquids pipeline database provides detail on U.S. petroleum infrastructure changes
On June 4, the U.S. Energy Information Administration (EIA) updated its Liquids Pipeline Projects Database, which includes a summary of more than 225 liquids pipeline projects in the United States and pipeline projects that cross into Mexico and Canada that are planned, under construction, on hold...
EIA expects 2020 summer U.S. electricity demand to be lowest since 2009
The U.S. Energy Information Administration (EIA) expects U.S. electricity demand to total 998 billion kilowatthours this summer (June through August), the lowest level of summer electricity consumption in the United States since 2009 and 5% less than last summer. Read More...
March saw major declines in U.S. demand for petroleum productt
As stay-at-home orders and mitigation efforts for the 2019 novel coronavirus disease (COVID-19) took effect and limited travel starting in the second half of March 2020, gasoline and jet fuel demand (as measured by product supplied) fell by near-record amounts, according to data in the U.S. Energy...
U.S. fuel ethanol production and inventory changes have largely followed motor gasoline
U.S. fuel ethanol production fell dramatically during late March and in April 2020, driven by significant reductions in motor gasoline demand as a result of mitigation efforts for the 2019 novel coronavirus disease (COVID-19). Fuel ethanol production fell to 537,000 barrels per day (b/d) in the week...
Canada is the largest source of U.S. energy imports
Canada is the largest source of U.S. energy imports and the second-largest destination for U.S. energy exports behind only Mexico. Energy is an important component of trade between Canada and the United States. In 2019, based on the latest annual Standard International Trade Classification (SITC)...
Lower crude oil prices will mean less exploration and development
According to the financial reports analyzed by the U.S. Energy Information Administration (EIA), global expenditures related to oil and natural gas exploration and development (E&D) increased $42 billion (13%) for 102 publicly traded oil companies in 2019, totaling $361 billion. As a result of...
U.S. natural gas storage capacity remained relatively unchanged in 2019
Underground natural gas storage capacity in the Lower 48 states has remained relatively flat since 2012. The U.S. Energy Information Administration (EIA) measures working natural gas storage capacity in two ways: design capacity and demonstrated peak capacity. Both measures of capacity were...
Renewable diesel drives growth in 2019 biomass-based diesel imports
U.S. imports of biomass-based diesel, which include biodiesel and renewable diesel, grew 26% in 2019 to more than 27,000 barrels per day (b/d), reversing three years of decline. Imports of biomass-based diesel increased in 2019 because of the increase in renewable diesel imports from Singapore. Read...
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