We have updated our data release schedule for next week: ▶️ The Weekly Natural Gas Storage Report will be published on Friday, December 27, at 10:30am eastern ▶️ The Weekly Petroleum Status Report will be published on Friday, December 27, at 1pm eastern These changes are due to the closure of the federal government on December 24 and 25. https://lnkd.in/gEr-2qid #oil #naturalgas
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EIA provides energy statistics and analyses for sound policy making, efficient markets, and public education.
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The U.S. Energy Information Administration (EIA) is the statistical and analytical agency within the U.S. Department of Energy. EIA collects, analyzes, and disseminates independent and impartial energy information to promote sound policy making, efficient markets, and public understanding of energy and its interaction with the economy and the environment. EIA is the Nation’s premier source of energy information and, by law, its data, analyses, and forecasts are independent of approval by any other officer or employee of the United States Government. Join our team of professionals who provide comprehensive, reliable data, analysis, and forecasts to industry, government, media, academia, and the American public. http://www.eia.gov/about/careers/
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http://www.eia.gov
External link for U.S. Energy Information Administration
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Updates
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India has emerged as the leading source of growth in global oil consumption in 2024 and 2025, overtaking China this year, according to our forecasts.
India to surpass China as the top source of global oil consumption growth in 2024 and 2025
U.S. Energy Information Administration on LinkedIn
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The U.S. Environmental Protection Agency’s Gasoline Sulfur program relies on tradable credits that allow U.S. refiners and gasoline importers to reach compliance with sulfur specifications. In 2023, gasoline suppliers obtained and retired more sulfur credits than they generated, a trend that could increase supplier compliance costs and the price of octane in gasoline if it continues. https://lnkd.in/eGebeR_z
What are gasoline sulfur credits, and how do they work? - U.S. Energy Information Administration (EIA)
eia.gov
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We estimate that unplanned outages of crude oil production in the U.S. Gulf of Mexico due to storms averaged 295,000 barrels per day in September and 110,000 barrels per day in November. That accounts for 16% and 5%, respectively, of total crude oil production from federal Gulf of Mexico waters in those months. https://lnkd.in/eJ6aZjwt #oilproduction #oil #naturalgas
Above-average hurricane activity disrupted U.S. energy infrastructure in 2024 - U.S. Energy Information Administration (EIA)
eia.gov
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A week's worth of fresh analysis and updated forecasts from our Short-Term Energy Outlook. 👇
Updated short-term forecasts and fresh data on crude oil and natural gas production—This Week in Energy
U.S. Energy Information Administration on LinkedIn
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Second-quarter 2024 financial results for 34 publicly traded U.S. oil exploration and production companies suggest increasing well productivity is helping these companies reduce production costs on a per barrel basis and freeing up cash for other uses such as dividends and share repurchases. In the first eight months of 2024, U.S. crude oil production has averaged a record high of 13.1 million barrels per day, making it likely the United States will be the world’s top producer of crude oil for the seventh consecutive year. https://lnkd.in/eAMFznNJ #Permian #oilproduction
Improving well productivity helps U.S. oil companies increase production at a lower cost - U.S. Energy Information Administration (EIA)
eia.gov
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We expect higher U.S. natural gas prices, even with robust inventories through winter. Check out highlights from our most recent forecasts. 👇 #naturalgas #oilprice #oilproduction
Short-Term Energy Outlook: We expect higher natural gas prices despite robust inventories through the winter
U.S. Energy Information Administration on LinkedIn
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Our analysis this week covered oil and gas production in Argentina, renewable diesel consumption in the U.S. East Coast, and we published data on U.S. exports of densified biomass. Check it out. 👇 #Argentina #biomass #oil #naturalgas #diesel
Oil and gas production in Argentina, U.S. BEV sales, and more -- This Week in Energy
U.S. Energy Information Administration on LinkedIn
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In Argentina, from January 2021 through September 2024: ▶️ Crude oil production increased by 50% ▶️ Natural gas production rose by 27% Output of both fuels has nearly reached the records set in the early 2000s. https://lnkd.in/eX2adp7j #Argentina #oil #naturalgas #VacaMuerta
Argentina’s crude oil and natural gas production near record highs - U.S. Energy Information Administration (EIA)
eia.gov