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Despite Lower Crude Oil Prices, U.S. Crude Oil Production Expected to Grow in 2015

Source: North Dakota Department of Mineral Resources, BloombergRepublished December 12, 4:00 p.m. to update data.The recent decline in crude oil prices has created the potential for weaker crude oil production. EIA's Drilling Productivity Report (...

Posted December 21, 2014    

Friday Energy Facts: OPEC Net Oil Export Revenues Expected to Fall in 2014 and 2015

Source: U.S. Energy Information Administration, Short-Term Energy Outlook. Note: OPEC is the Organization of the Petroleum Exporting Countries. Iran is excluded because current sanctions make it difficult to estimate revenues. The 2014 revenue...

Posted December 19, 2014    

Several States are Adding or Increasing Incentives for Electric Vehicle Charging Stations

Source: U.S. Energy Information Administration, based on Alternative Fuels Data CenterDuring the past few years, several models of plug-in electric vehicles (PEVs), including battery electric vehicles (EVs) and plug-in hybrid electric vehicles (...

Posted December 14, 2014    

Almost All U.S. Nuclear Plants Require Life Extension Past 60 Years to Operate Beyond 2050

Source: U.S. Energy Information Administration, based on U.S. Nuclear Regulatory Commission. Note: Graph does not include planned nuclear additions but does include scheduled retirements.When nuclear power plants are built, the Nuclear Regulatory...

Posted December 12, 2014    

U.S. Oil Reserves Continue Rising, Surpass 36 Billion Barrels for First Time Since 1975

Source: U.S. Energy Information Administration, U.S. Crude Oil and Natural Gas Proved ReservesU.S. crude oil and lease condensate proved reserves rose for the fifth consecutive year in 2013, increasing by 9% from the 2012 level to 36.5 billion...

Posted December 7, 2014    

Friday Energy Facts: World Oil Transit Chokepoints Critical to Global Energy Security

Note: Click to enlarge.Source: U.S. Energy Information Administration analysis based on Lloyd's List Intelligence, Panama Canal Authority, Eastern Bloc Research, Suez Canal Authority, and UNCTAD, using EIA conversion factors. Note: All estimates in...

Posted December 5, 2014    

Boston, New York City Winter Natural Gas Prices Expected to Remain High

Source: U.S. Energy Information Administration, based on Bloomberg. Note: November through March are considered winter months. Forward prices for 2014-15 and 2015-16 are as of 10/29/2014.Despite expectations of a milder winter for 2014, marketers...

Posted November 30, 2014    

Oil and Currency Markets Reflect Expectations for Lower Global Economic Growth

Source: U.S. Energy Information Administration, based on Bloomberg. Note: The U.S. dollar index measures the value of the U.S. dollar against a basket of six currencies' exchange rates: the euro, Japanese yen, British pound, Canadian dollar, Swiss...

Posted November 28, 2014    

Natural Gas is the Dominant Heating Fuel in Colder Parts of the Country

Source: U.S. Energy Information Administration, Short-Term Energy Outlook and the National Oceanic and Atmospheric AdministrationNatural gas consumption varies widely by region of the country. The majority of households that heat with natural gas...

Posted November 23, 2014    

Friday Energy Facts: Solar Photovoltaic Output Depends on Orientation, Tilt, and Tracking

Source: EIA, based on National Renewable Energy Laboratory's PVWatts, using default input values except as noted. Note: Tilted systems are assumed to be mounted with a 20-degree tilt from horizontal. The assumed system size is one kilowatt of direct...

Posted November 21, 2014    

European Residential Electricity Prices Increasing Faster than Prices in United States

Source: U.S. Energy Information Administration and Eurostat. Note: European Union average consists of 27 member countries in 2006, 28 member countries for all other years.European residential electricity prices have historically exceeded U.S. prices...

Posted November 19, 2014    

Rail Shipments of Oil and Petroleum Products through October up 13% Over Year-Ago Period

Source: U.S. Energy Information Administration, based on Association of American Railroads. Note: These carloadings do not include intermodal traffic.U.S. rail traffic, including carloadings of all commodity types, has increased 4.5% through October...

Posted November 16, 2014