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EIA explores effects of Inflation Reduction Act on the Annual Energy Outlook

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In 2050, we project that total U.S. solar capacity, which includes both utility-scale solar and rooftop solar in the commercial and residential sectors, could range from 532 gigawatts (GW) to 1,399 GW. In our Annual Energy Outlook 2023 (AEO2023), we present 16 scenarios, or cases, that project long-term energy trends ...

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Product Highlight: EIA’s Short-Term Energy Outlook

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Our Short-Term Energy Outlook (STEO) publication provides near-term energy data, analysis, and forecasts. Each month, the STEO provides forecasts from the time of publication through December of the next calendar year. The STEO forecasts consumption, production, trade, and prices across major fuel types and also ...

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U.S. production of petroleum and other liquids to be driven by international demand

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Strong continuing international demand for petroleum and other liquids will sustain U.S. production above 2022 levels through 2050, according to most of the cases we examined in our Annual Energy Outlook 2023 (AEO2023). We project that the United States will continue to be an integral part of global oil markets and a ...

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U.S. energy consumption increases between 0% and 15% by 2050

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Consumption of all forms of energy increases in the United States between 0% and 15% from 2022 to 2050 in our Annual Energy Outlook 2023 (AEO2023). Our projection of growth in U.S. energy consumption is the result of the effects of economic growth, population growth, and increased travel offsetting continued energy ...

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In 2022, U.S. crude oil exports increased to a new record, 3.6 million barrels a day

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In 2022, U.S. crude oil exports averaged 3.6 million barrels per day (b/d), a record high according to export data that has been collected since 1920. U.S. crude oil exports in 2022 were 22% (640,000 b/d) higher than in 2021. Increased U.S. crude oil production, releases from the U.S. Strategic Petroleum Reserve, and ...

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U.S. natural gas production grew by 4% in 2022

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U.S. natural gas production grew by 4% (4.9 billion cubic feet per day ) in 2022, averaging 119 Bcf/d. Three regions—Appalachia, Permian, and Haynesville—accounted for 60% of all U.S. production in 2022, similar to the proportion in 2021.

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U.S. coal exports remained relatively unchanged between 2021 and 2022

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In 2022, 84.8 million short tons (MMst) of coal were exported from the United States, relatively unchanged from the 85.1 MMst exported in 2021. Steam coal accounted for 45% of all U.S. coal exports in 2022; metallurgical coal accounted for 55%.

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Renewable generation surpassed coal and nuclear in the U.S. electric power sector in 2022

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Last year, the U.S. electric power sector produced 4,090 million megawatthours (MWh) of electric power. In 2022, generation from renewable sources—wind, solar, hydro, biomass, and geothermal—surpassed coal-fired generation in the electric power sector for the first time. Renewable generation surpassed nuclear ...

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The majority of U.S. households used natural gas in 2020

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In 2020, 61% of U.S. households used natural gas for at least one energy end use, according to our 2020 Residential Energy Consumption Survey (RECS). Space heating, water heating, and cooking were the most common end uses; more than half of U.S. households used natural gas for space heating, closely followed by water ...

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Europe was the main destination for U.S. LNG exports in 2022

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U.S. exports of liquefied natural gas (LNG) averaged 10.6 billion cubic feet per day (Bcf/d) in 2022, increasing by 9% (0.8 Bcf/d) compared with 2021, according to our Natural Gas Monthly. The increase in U.S. LNG exports was driven by strong LNG demand in Europe, high international natural gas prices, and expanded ...

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