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Feb 26, 2020

Wind has surpassed hydro as most-used renewable electricity generation source in U.S.

annual electricity generation from wind and hydroelectric sources
Source: U.S. Energy Information Administration, Electric Power Monthly

In 2019, U.S. annual wind generation exceeded hydroelectric generation for the first time, according to the U.S. Energy Information Administration’s Electric Power Monthly. Wind is now the top renewable source of electricity generation in the country, a position previously held by hydroelectricity.

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Tags: generation, electricity, renewables, wind, hydroelectric红包扫雷软件最新版


Feb 25, 2020

U.S. crude oil production increases; imports remain strong to support refinery operations

U.S. percentage of imported crude oil with API gravity 25 degrees or less
Source: U.S. Energy Information Administration, Monthly Foreign Crude Oil Acquisition Report

United States refineries are some of the most complex红包扫雷软件最新版 in the world and can process a wide range of crude oil qualities. Although U.S crude oil production has grown significantly since 2009, having access to imports from oil producers around the world provides refiners with the range of crude oil quality that is optimum for each refinery’s configuration, maximizes profitability, and enables the refinery to either supply petroleum products for domestic consumption or export at competitive prices.

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Feb 24, 2020

EIA forecasts natural gas inventories will reach record levels later this year

Lower 48 states working natural gas in storage
Source: U.S. Energy Information Administration, Natural Gas Monthly, , and Short-Term Energy Outlook

In the U.S. Energy Information Administration’s (EIA) February Short-Term Energy Outlook (STEO), EIA forecasts that the Lower 48 states’ working natural gas in storage will end the 2019–20 winter heating season (November 1–March 31) at 1,935 billion cubic feet (Bcf), with 12% more inventory than the previous five-year average. This increase is the result of mild winter temperatures and continuing strong production. EIA forecasts that net injections during the refill season (April 1–October 31) will bring the total working gas in storage to 4,029 Bcf, which, if realized, would be the largest monthly inventory level on record.

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Feb 21, 2020

Hourly electricity consumption varies throughout the day and across seasons

average hourly U.S. electricity load during typical week
Source: U.S. Energy Information Administration, U.S. Hourly Electric Grid Monitor
Note: Data shown represent the average aggregate U.S. hourly load (Eastern Standard Time) by day of the week for the months indicated between 2015 and 2019.

红包扫雷软件最新版the electricity consumed in a given period (often referred to as electricity load) varies throughout the year in somewhat predictable patterns. total u.s. hourly electricity load is generally highest in the summer months when demand peaks in the afternoon as households and businesses are using air conditioning on hot days. during the winter months, hourly electricity load is less variable but peaks in both the morning and the evening. load is generally lowest in the spring and autumn when homes and businesses have less need for space heating or cooling.

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Tags: consumption/demand, electricity, weather, map红包扫雷软件最新版


Feb 20, 2020

EIA projects U.S. energy intensity to continue declining, but at a slower rate

total energy consumption
Source: U.S. Energy Information Administration, Annual Energy Outlook 2020

EIA’s recently released Annual Energy Outlook 2020红包扫雷软件最新版 (AEO2020) projects that U.S. energy consumption will grow more slowly than gross domestic product (GDP) through 2050 as energy intensity continues its decades-long trend of decline through the AEO2020 forecast period. Energy intensity is a measure of how efficiently the economy uses energy to produce every dollar of GDP. In the AEO2020 Reference case, total U.S. energy consumption increases at an average annual rate of 0.3% between 2019 and 2050, and GDP grows at an annual rate of 1.9%, which indicates a 1.5% average annual decline in energy intensity during the projection period. By 2050, the domestic energy consumption associated with each dollar of U.S. economic growth is less than half of what it was in 2005.

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Tags: consumption/demand, AEO (Annual Energy Outlook)红包扫雷软件最新版


Feb 19, 2020

EIA expects natural gas production and exports to continue increasing in most scenarios

U.S. dry natural gas production
Source: U.S. Energy Information Administration, Annual Energy Outlook 2020

According to projections published in the U.S. Energy Information Administration’s (EIA) Annual Energy Outlook 2020红包扫雷软件最新版 (AEO2020), total dry natural gas production in the United States will continue to increase until 2050 in most of the AEO2020 cases, primarily to support growing U.S. exports of natural gas to global markets. The United States began exporting more natural gas than it imports on an annual basis in 2017, driven by increased liquefied natural gas (LNG) exports, increased pipeline exports to Mexico, and reduced imports from Canada. In most of the AEO2020 cases, net natural gas exports continue to increase through 2050, and most of the increase is in the near term.

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Feb 18, 2020

EIA revises global liquid fuels demand growth down because of the coronavirus

revisions to global petroleum consumption forecast
Source: U.S. Energy Information Administration

In the February 2020 update of its Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) forecasts that global liquid fuels demand will average 101.7 million barrels per day (b/d) in 2020, 1.0 million b/d more than the 2019 average but 378,000 b/d less than was forecast in the January 2020 edition of the STEO. The change in the forecast is driven by a combination of lower-than-expected heating fuel consumption caused by the Northern Hemisphere’s warmer-than-expected winter, an expected slowing of economic growth in general, and the particular economic effects of the 2019 novel coronavirus () outbreak.

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Feb 14, 2020

Natural gas prices fall to lowest level since 2016, the lowest February prices in 20 years

near-month NYMEX natural gas futures prices
Source: U.S. Energy Information Administration, based on Bloomberg, L.P. and (FRED) data
Note: Nominal prices converted to real prices using .

红包扫雷软件最新版this winter, natural gas prices have been at their lowest levels in decades. on monday, february 10, the near-month natural gas futures price at the new york mercantile exchange (nymex) closed at $1.77 per million british thermal units (mmbtu). this price was the lowest february closing price for the near-month contract since at least 2001, in real terms, and the lowest near-month futures price in any month since march 8, 2016, according to bloomberg, l.p. and fred data.

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Feb 13, 2020

U.S. natural gas consumption has both winter and summer peaks

U.S. natural gas consumption
Source: U.S. Energy Information Administration, Natural Gas Monthly

红包扫雷软件最新版natural gas consumption in the united states has two seasonal peaks, largely reflecting weather-related fluctuations in energy demand. in the winter months, cold weather leads to more demand for heating in the residential and commercial sectors. in the summer months, warm weather leads to more demand for air conditioning and, in turn, more demand for electricity. because natural gas continues to account for an increasing share of the fuels used to generate electricity in the united states, natural gas consumption by the electric power sector has increased throughout the year.

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Tags: natural gas, consumption/demand, weather红包扫雷软件最新版


Feb 12, 2020

The United States is projected to be a net exporter of crude oil in two AEO2020 side cases

U.S. crude oil net imports
Source: U.S. Energy Information Administration, Annual Energy Outlook 2020

The U.S. Energy Information Administration (EIA) projects that the United States will export more crude oil and petroleum products combined than it imports (net exporter) until 2050, but under certain conditions, it could become a net exporter of crude oil on its own in the future as well. EIA’s Annual Energy Outlook 2020 (AEO2020) includes two side cases—one with more oil and gas supply and one with higher oil prices—in which the United States becomes a net crude oil exporter within the next decade.

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