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Natural Gas Use for Power Generation Higher This Winter

Source: U.S. Energy Information Administration, based on BentekSo far this winter, natural gas consumption in the electric power sector (gas burn) has been higher than in any previous winter. According to Bentek Energy, gas burn in the electric...

Posted February 12, 2016    

U.S. Mining and Exploration Investment Declined 35% in 2015

Source: U.S. Energy Information Administration, based on U.S. Bureau of Economic Analysis. Note: Based on fourth-quarter and annual 2015 advance estimate of gross domestic product, which is subject to revision. See BEA's caution on the use of...

Posted February 11, 2016    

Demand Response Saves Electricity During Times of High Demand

Source: U.S. Energy Information Administration, Electric power sales, revenue, and energy efficiency Form EIA-861Demand response in the electricity market involves the targeted reduction of electricity use during times of high demand. In response,...

Posted February 10, 2016    

California has Nearly Half of the Nation's Solar Electricity Generating Capacity

Source: U.S. Energy Information Administration, Electric Power MonthlyThe United States has slightly more than 20,000 megawatts (MW) of solar generating capacity, which includes utility-scale solar photovoltaic (PV) and solar thermal installations...

Posted February 9, 2016    

Electricity Generation from Renewable Sources Expected to Grow 9% This Year

Source: U.S. Energy Information Administration, Short-Term Energy Outlook, January 2016Electricity generated from utility-scale renewable plants is expected to grow by 9% in 2016, based on projections in the latest Short-Term Energy Outlook. Much...

Posted February 8, 2016    

High Inventories Help Push Crude Oil Prices to Lowest Levels in 13 Years

Source: U.S. Energy Information Administration, Weekly Petroleum Status ReportSeveral factors have played a part in pushing U.S. crude oil prices below $30 per barrel (b), including high inventory levels of crude oil, uncertainty about global...

Posted February 5, 2016    

Changing Contract Expiration Dates Will Affect Crude Oil Futures Comparisons

Source: U.S. Energy Information Administration, Intercontinental Exchange, CME GroupA change to the North Sea Brent crude oil futures contract will alter the way prices for Brent futures are compared to futures prices for West Texas Intermediate (...

Posted February 4, 2016    

Natural Gas Prices Expected to Rise Over Next Two Years

Source: U.S. Energy Information Administration, Short-Term Energy Outlook, January 2016The average natural gas spot price at the benchmark Henry Hub for December 2015 of $1.93 per million British thermal units (MMBtu) was the lowest monthly average...

Posted February 3, 2016    

Average Annual Natural Gas Spot Price in 2015 was at Lowest Level Since 1999

Source: U.S. Energy Information Administration, based on Natural Gas IntelligenceNatural gas spot prices in 2015 at the Henry Hub in Louisiana, a national benchmark, averaged $2.61 per million British thermal unit (MMBtu), the lowest annual average...

Posted January 6, 2016    

Prices for Most Oil and Natural Gas Commodities Fell Significantly During 2015

Source: Bloomberg L.P.The energy component of the widely followed S&P Goldman Sachs Commodity Index (GSCI) fell 41% from the start of 2015, a larger decline than the industrial metals, grains, and precious metals components, which declined 24...

Posted January 5, 2016    

Mexican Crude Oil Shipments to Europe and Asia are Rising as U.S. Imports Fall

Source: U.S. Energy Information Administration, with data from Petróleos Mexicanos (Pemex)Republished December 14, 9:00 a.m. to correct an error in the graph.In September 2015, monthly U.S. crude oil imports from Mexico totaled 0.6 million barrels...

Posted December 15, 2015    

Heating Oil and Propane Prices are Lower this Winter

Source: U.S. Energy Information Administration, State Heating Oil and Propane ProgramThe U.S. Energy Information Administration's State Heating Oil and Propane Program (SHOPP) collects state-level residential heating oil and propane price data in...

Posted December 11, 2015