Natural gas net imports at lowest level since 1986
U.S natural gas net imports fell to 2.6 billion cubic feet per day (Bcf/d) in 2015, continuing a decline that began in 2007, when net imports of natural gas exceeded 10 Bcf/d.
U.S natural gas net imports fell to 2.6 billion cubic feet per day (Bcf/d) in 2015, continuing a decline that began in 2007, when net imports of natural gas exceeded 10 Bcf/d.
Above-normal temperatures during the 2015-16 winter were a key factor in lowering heating demand and winter fuel expenditures.
US natural gas production reached a record high level of 79 billion cubic feet per day (Bcf/d) in 2015, an increase of 5% from the previous year, even as natural gas prices remained relatively low.
American drivers will pay the lowest average summer price in more than a decade this year for regular gasoline, according to Energy Information Administration forecasts.
US imports of biodiesel and renewable diesel increased by 61% in 2015 to reach 538 million gallons according to date from the country's Energy Information Administration.
Oil at $35 a barrel is neither too high nor too low but just right to make shares of US explorers worth buying, according to Goldman Sachs.
Australia's Gorgon project, one of the largest liquefied natural gas (LNG) projects in the world, has shipped its first cargo to Japan.
US production of hydrocarbon gas liquids (HGL) is expected to increase from 3.86 million barrels per day in 2015 to 4.33 million b/d in 2017, according to the US Energy Information Administration's Short-Term Energy Outlook (STEO).
Oil rose above $42 a barrel on Friday, hitting its highest this year and extending a rally into a fourth week on expectations of a production freeze by major exporters, stronger seasonal demand and dollar weakness.
The first export shipment of liquefied natural gas (LNG) produced in the Lower 48 states on February 24 is a milestone reflecting a decade of natural gas production growth that has put the United States in a new position in worldwide energy trade.
Electricity generating facilities expect to add more than 26 gigawatts (GW) of utility-scale generating capacity to the US power grid during 2016, according the country's Energy Information Administration.
Canadian oil production to continue increasing through 2017 despite lower crude oil prices.
US electric power generators consumed 740 million tons of coal in 2015, fuelling about one-third of total electric power generation and accounting for 92% of all coal consumed in the country, according to a report from the Energy Information Administration.
Oil production in the US Gulf of Mexico is projected to reach a record high in 2017, even as oil prices remain low.
Diesel fuel retail prices have fallen below $2 per gallon for first time since 2005.
The US average retail price for regular gasoline dropped below $2 this week for the first since March 2009, according to latest data from the Energy Information Administration.
The average Brent crude oil price for 2016 is likely to be $40 per barrel and unlikely to rise above $50 ber barrel in 2017, according to the US Energy Information Administration.
US natural gas spot prices in 2015 hit the lowest annual average level since 1999, according the country's Energy Information Administration.
Monthly US crude oil imports from Mexico totalled 0.6 million barrels per day (b/d), the lowest level since 1990, and a decrease of about 50% since January 2011, according the US Energy Information Administration.
New data released yesterday by the US Energy Information Administration show that for the first nine months of 2015, most (50.8%) of the crude oil produced in the Lower 48 states were light oils with an API gravity above 40 degrees.
US oil and natural gas reserves have increased to the highest level in more than 40 years according to new data released by the country's Energy Information Administration today.
Carbon dioxide emissions decreased in nearly every US between 2005-2013, according to new data released by the country's Energy Information Administration.
The United States and China have advanced policies to limit CO2 emissions, ahead of next month's COP21 carbon emmissions conference in Paris.
The world crude oil price has been fluctuating around a low-level of $50/barrel for three months, now the prospect seems even gloomier as the International Energy Agency projects that 41% of the world market will continue to be taken by OPEC countries until 2020, with the rest of the world stagnating their production.
Indonesia has been told by OPEC that it plans to accept the country's request to reactivate its membership at its next meeting in December.