MassiveIndustry

(Mon, 29 Apr 2019) Working U.S. natural gas stocks entered the 2018–19 winter heating season below the five-year (2013-17) range in each of the storage regions in the Lower 48 states. However, increased U.S. natural gas production and interregional flows supplemented smaller-than-normal withdrawals from storage in most regions to supply winter heating demand for natural gas. Most of the U.S. working natural gas storage capacity is located in the three regions east of the Mountain region, and in that area, natural gas withdrawals followed this pattern.

(Thu, 18 Apr 2019) EIA’s <em>Short-Term Energy Outlook</em> forecasts that the typical U.S. residential household will consume about 3,080 kilowatthours of electricity this summer (June through August), down 5% from the average summer consumption in 2018. If this forecast is realized, it would be the lowest level of electricity consumption per customer since 2014 and the second-lowest level since 2001. EIA expects summer electricity consumption will be lower than in 2017 because of milder projected temperatures.

(Wed, 17 Apr 2019) In the April 2019 update of its Summer Fuels Outlook, EIA expects the retail price of U.S. regular-grade gasoline will average $2.76 per gallon (gal) during the summer from April through September 2019. EIA’s expected average is down 3% from the 2018 summer average of $2.85/gal, mainly because EIA expects crude oil prices will be lower than last summer. EIA publishes the <em>Summer Fuels Outlook</em> as a supplement to its monthly <em>Short-Term Energy Outlook</em> (STEO).

(Thu, 11 Apr 2019) Many U.S. households do not pay energy utilities or other suppliers directly for using electricity, natural gas, fuel oil, or propane but pay indirectly through rent, fees, or to a third party such as a housing authority. Data from the most recent Residential Energy Consumption Survey (RECS) show that, in 2015, 12.4 million of the nation’s 118 million households (11%) paid some or all of their energy costs indirectly.