Tag:

EIA

EIA expects stable heating costs for most households this winter

The U.S. Energy Information Administration (EIA) predicts that the majority of U.S. households will spend about the same amount on heating this winter as...

EIA releases review of oil and gas industry for Q2 2024

The US Energy Information Administration (EIA) has published its Financial Review of the Global Oil and Natural Gas Industry: Second-Quarter 2024, highlighting key trends...

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...

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...

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...

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 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...

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...