Tag:
EIA
Energy News
EIA forecasts crude oil prices to rise above $80 per barrel
The U.S. Energy Information Administration (EIA) said it anticipates a rebound in Brent crude oil prices, predicting they will exceed $80 per barrel in...
Energy News
EIA Projects 8% Increase in Permian Basin Crude Oil Production for 2024
The U.S. Energy Information Administration (EIA) forecasts a significant boost in crude oil production from the Permian Basin, predicting an average output of about...
Renewable Energy
EIA Projects Shifts in Oil, Gas, and Economic Trends in March Energy Outlook
EIA predicts a significant decrease in natural gas prices for 2024, anticipating an average of $2.25 per million British thermal units (MMBtu).
This marks a...
Energy News
U.S. Natural Gas Consumption Hits Record High in January
The U.S. Energy Information Administration (EIA) reports that natural gas consumption in the United States reached an all-time high in January, hitting 118 billion...
Renewable Energy
Renewable Energy Set to Surpass Coal in U.S. Electricity Generation by 2024: IEA
The U.S. Energy Information Administration (EIA) forecasts a groundbreaking shift in the country’s energy landscape, as a surge in wind and solar power is...
Energy News
Global Oil Inventories Set to Decline, Driving Prices Higher in Late 2023
In its latest Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) has predicted a substantial decrease in global oil inventories during the...
Energy News
U.S. Crude Oil Production Set to Reach Record Levels Amidst Rising Global Demand
In its latest Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) has projected a significant milestone in the country’s energy landscape.
The EIA...
Renewable Energy
EIA predicts record-breaking Natural Gas consumption in US
The U.S. Energy Information Administration (EIA) has announced its forecast for a record-high natural gas consumption in the United States this summer, primarily driven...