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Solar capacity additions are changing the shape of daily electricity supply in Texas

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The maximum hourly average solar generation during the winter of 2022–23 was 2.1 gigawatthours (GWh) and increased to 3.8 GWh in the winter of 2023–24. The maximum hourly average wind generation slightly increased during the same period from 15.1 GWh to 15.7 GWh. The maximum hourly average for all other fuels was 78.0 ...

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U.S. refiners and chemical manufacturers lead hydrogen production and consumption

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U.S. manufacturers specializing in chemicals and petroleum refining have traditionally accounted for the largest shares of both hydrogen consumption and production, and they pay the least for it. With new legislation, we expect changes to how hydrogen is consumed and distributed in the country.

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April 8 solar eclipse will briefly limit solar electricity generation across the country �

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On April 8, 2024, a full solar eclipse will briefly but fully obscure sunlight to utility-scale solar generation facilities from Texas through Maine with a combined 6.5 gigawatts (GW) of capacity. In addition, the eclipse will partially block sunlight to facilities with a combined 84.8 GW of capacity in an even larger ...

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EIA now publishes interregional renewable diesel rail shipment data

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In our March Petroleum Supply Monthly (PSM), we introduced data on the interregional movement of renewable diesel. These new data add to our existing tanker and barge movement coverage for renewable diesel. With the new data, we now capture most of the renewable diesel movements to the U.S. West Coast, the region ...

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U.S. ethane production, consumption, and exports set new records again in 2023

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U.S. ethane production, consumption, and exports established new record highs in 2023, according to data from our Petroleum Supply Monthly. Continued growth in ethane consumption in the global petrochemical sector and rising ethane recovery associated with natural gas production drove these increases.

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U.S. petroleum product exports set another record high in 2023

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Petroleum product exports from the United States averaged a record 6.1 million barrels per day (b/d) in 2023, a 2.5% increase from 2022, according to our Petroleum Supply Monthly. Propane drove the growth in U.S. petroleum product exports, offsetting decreases in gasoline and distillate exports.

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The United States was the world’s largest liquefied natural gas exporter in 2023

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The United States exported more liquefied natural gas (LNG) than any other country in 2023. U.S. LNG exports averaged 11.9 billion cubic feet per day (Bcf/d)—a 12% increase (1.3 Bcf/d) compared with 2022, according to data from our Natural Gas Monthly.

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What are the energy impacts from the Port of Baltimore closure?

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The collapse of the Francis Scott Key Bridge into the Patapsco River on March 26 has temporarily halted all shipping traffic from the Port of Baltimore. In this article, we examine implications for energy-related trade.

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U.S. natural gas production grew by 4% in 2023, similar to 2022

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U.S. natural gas production grew by 4% in 2023, or 5.0 billion cubic feet per day (Bcf/d), to average 125.0 Bcf/d, according to our Natural Gas Monthly. The Natural Gas Monthly was recently updated with natural gas production data through December 2023. In 2023, three regions—Appalachia, Permian, and ...

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Western U.S. hydropower generation fell to a 22-year low last year

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According to preliminary data from our Electricity Data Browser, the least hydropower was generated in the western United States during the 2022–23 water year (October 1 through September 30) since at least 2001. Western region hydropower generation dropped by 11% from the previous water year to 141.6 million ...

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December natural gas price in Southern California was the lowest since 2015

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Natural gas prices at SoCal Citygate, the major price hub in Southern California, averaged $3.61 per million British thermal units (MMBtu) in December 2023—the lowest December price since 2015 when adjusted for inflation—according to data from Natural Gas Intelligence. The main drivers for the low price this past ...

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EIA increases oil price forecast following OPEC+ production cut extension

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We increased our forecast prices for crude oil and petroleum products for the remainder of 2024 in our March Short-Term Energy Outlook (STEO) following the announcement that OPEC+ will extend the existing voluntary production cuts through the second quarter of 2024. We now forecast significantly less global oil ...

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