Energy news

Resumption of Iran sanctions adds uncertainty to crude oil and gasoline price forecasts

(Wed, 24 Oct 2018) EIA’s October 2018 <em>Short-Term Energy Outlook</em> (STEO) forecasts Brent crude oil spot prices, which averaged $79 per barrel (b) in September, to average $81/b in the fourth quarter of 2018, before falling to an average of $75/b in 2019. However, the effects of the U.S. withdrawal from the Joint Comprehensive Plan of Action (JCPOA), the re-imposition of sanctions on Iran, and the potential response from members of the Organization of the Petroleum Exporting Countries (OPEC) and other countries pose significant uncertainty to the forecast.

October 23, 2018 By 0 Comments Read more...

U.S. manufacturers’ short-term capability to switch fuels continues to decline

(Fri, 19 Oct 2018) Some manufacturing plants can take advantage of relative price differences and cope with supply shortages by switching the fuels used in their furnaces, boilers, ovens, and other combustors. In the United States, the capability of the manufacturing sector to switch the fuels it uses has declined in recent decades, as described in a new report from EIA’s 2014 Manufacturing Energy Consumption Survey (MECS).

October 18, 2018 By 0 Comments Read more...

Natural gas pipeline rupture in Canada affects U.S. energy markets

(Thu, 18 Oct 2018) The October 9, 2018 rupture of Enbridge’s BC natural gas pipeline near Prince George, British Columbia, continues to affect natural gas supply, electricity generation, and petroleum refining in the U.S. Pacific Northwest. The BC Pipeline links natural gas production in northeastern British Columbia with distribution markets in Canada as well as Washington, Oregon, and Idaho.

October 17, 2018 By 0 Comments Read more...

Natural gas storage likely to enter winter at lowest levels since 2005

(Fri, 12 Oct 2018) EIA forecasts that natural gas inventories will reach 3,263 billion cubic feet (Bcf) at the end of October in its recently released October <em>Short-Term Energy Outlook</em> (STEO), the lowest end-of-October level for U.S. natural gas inventories since 2005. Lingering cold temperatures in April 2018, the coldest April in the past 21 years, delayed the start of the natural gas storage refill season by about four weeks.

October 11, 2018 By 0 Comments Read more...

2017 Annual State historical spreadsheets

(Fri, 12 Oct 2018) This site contains spreadsheets with retail electricity sales, revenue, customers and price data from the 2017 Form EIA-861 (latest website update: October 12, 2018). The files contain State - level and US Total-level data for electricity sales, revenue, customer and price, by sector. The data geographic coverage is the 50 states and the District of Columbia.

October 11, 2018 By 0 Comments Read more...

U.S. home heating bills likely to be slightly higher this winter

(Wed, 10 Oct 2018) Most U.S. households can expect higher heating expenditures this winter (October through March) compared with last winter according to EIA's <em>Winter Fuels Outlook</em>. Higher expected winter heating expenditures are mainly the result of higher prices for heating fuels, as temperatures are expected to be similar to last winter in much of the country. More information about EIA’s expectations for winter fuels prices and expenditures is available in the <em>Short-Term Energy Outlook</em> supplement on winter fuels, released at noon today.

October 09, 2018 By 0 Comments Read more...

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