Today in Energy
As much as 15 million barrels of crude oil sold from the U.S. Strategic Petroleum Reserve
The U.S. Department of Energy (DOE) announced a notice of sale of as much as 15 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) on October 18, 2022, to help address the market supply disruption caused by Russia’s full-scale invasion of Ukraine and to help lower energy costs. ...
In 2021, both U.S. natural gas production and exports set new records
In 2021, both U.S. natural gas marketed production and natural gas exports established new records. Marketed, or wet, natural gas production—which includes both dry natural gas and natural gas plant liquids (NGPLs) such as ethane and propane—grew 3% in 2021 after declining in 2020. U.S. natural gas ...
Households primarily heating with heating oil or propane will likely pay more this winter
According to our 2022 Winter Fuels Outlook, we expect that households that use heating oil as the primary fuel for space heating will spend 27% more money on heating this winter than last winter, in nominal terms (not adjusted for inflation). Higher prices for heating oil, combined with greater ...
Coal shipments to U.S. power plants fell by more than half between 2010 and 2021
U.S. power plants received 449 million short tons (MMst) of coal in 2021, less than half of the 957 MMst they received in 2010. Coal shipments to U.S. power plants declined over the past decade as coal-fired generation in the country fell and coal-fired power plants shut down. Read More... ...
95% of the fuel ethanol moved in the United States in the first half of 2022 moved by rail
Fuel ethanol, a biofuel most commonly mixed with finished motor gasoline, is second only to coal as the most-transported fuel by rail. According to our Petroleum Supply Monthly, 95% of all U.S. fuel ethanol deliveries between regions in the first half of 2022 were by rail. The majority of the U.S. ...
U.S. natural gas bills will increase in all regions this winter
In our latest Winter Fuels Outlook, we forecast that U.S. households that primarily use natural gas for space heating will spend an average of $931 on heating this winter (October–March), which is 28% (or $206) more than last year. Read More... ...
Daily U.S. summer nuclear capacity outages were 19% lower this summer than last summer
Daily U.S. nuclear capacity outages averaged 2.5 gigawatts (GW) during the summer of 2022 (June 1 through August 31), nearly 19% lower than the 3.1 GW average in summer 2021. Summer nuclear capacity outages were lowest in mid-August, averaging 1.0 GW, and highest in June, averaging 3.8 GW. Read ...
EIA expects most U.S. households will spend more on energy this winter
We expect that most U.S. households will spend more money on energy this winter than last winter, according to our latest Winter Fuels Outlook (released October 2022). We primarily forecast an increase in household energy expenditures this winter because we expect higher retail energy prices and a ...
U.S. natural gas production set a new record in 2021
U.S. dry natural gas production set an annual record in 2021, increasing by 3.5% from 2020, according to our recently released Natural Gas Annual. In 2020, production had dipped because of reduced economic activity during the COVID-19 pandemic. In 2021, dry natural gas production exceeded the ...
The United States produces lighter crude oil, imports heavier crude oil
In the first half of 2022, U.S. crude oil production averaged 11.1 million barrels per day (b/d), up from an annual average of 10.8 million b/d in 2021. Crude oil with a higher API gravity is lighter, or less dense. Production of light crude oil with an API value greater than 45.1 degrees increased ...
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