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U.S. crude oil exports reached a record in 2023
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U.S. crude oil exports established a record in 2023, averaging 4.1 million barrels per day (b/d), 13% (482,000 b/d) more than the previous annual record set in ...

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Winter storms have disrupted U.S. natural gas production
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Over the last four winters, winter storms Uri (February 2021), Elliott (December 2022), and most recently, Heather (January 2024) interrupted weekly U.S. ...

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U.S. propane exports established a new record in December 2023
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U.S. propane exports averaged a record 1.9 million barrels per day (b/d) in December 2023, the highest since we began collecting this data in 1973 in our ...

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Reduced refinery activity puts upward pressure on gasoline and diesel prices
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Since early January 2024, U.S. refinery utilization has decreased 11%, falling as low as 81% during the two weeks ending February 9 and February 16, and ...

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Washington State’s emissions allowance program held its first auctions in 2023
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Washington State wrapped up its first full year of auctions for tradable emission allowances in December, as the state considers joining an integrated regional ...

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United States produces more crude oil than any country, ever
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The United States produced more crude oil than any nation at any time, according to our International Energy Statistics, for the past six years in a row. Crude ...

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Henry Hub daily natural gas spot price fell to record lows in February
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The U.S. benchmark Henry Hub daily natural gas price averaged $1.50 per million British thermal units (MMBtu) on February 20, 2024, the lowest price in ...

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Crude oil processing in China hit a record high in 2023
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Crude oil processing, or refinery runs, in China averaged 14.8 million barrels per day (b/d) in 2023, an all-time high. The record processing came as the ...

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More productive wells spur U.S. crude oil production higher
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U.S. crude oil production averaged 13.3 million barrels per day (b/d) in December 2023, following sustained productivity increases at new wells, according to ...

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The United States remained the largest liquefied natural gas supplier to Europe in 2023
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The United States was again the largest supplier of liquefied natural gas (LNG) to Europe (EU-27 and the UK) in 2023, accounting for nearly half of total LNG ...

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