News Feed – EIA-Today in Energy

  • EIA increases U.S. crude oil production forecast for 2019 and 2020
    on November 21, 2019 at 2:00 pm

    The U.S. Energy Information Administration (EIA) revises its U.S. crude oil production forecast in each monthly Short-Term Energy Outlook (STEO) based mainly on two factors: updates to EIA’s published historical data and EIA’s crude oil price forecast. In the November 2019 STEO, EIA increased its forecast of U.S. crude oil production in 2019 by 30,000 barrels per day (b/d) (0.2%) from the October STEO. EIA increased its 2020 crude oil production forecast by 119,000 b/d (0.9%) compared with the October STEO.

  • Nearly half of U.S. geothermal power capacity came online in the 1980s
    on November 20, 2019 at 2:00 pm

    Geothermal energy has been used to generate electricity in the United States since the early 1960s. The United States has 2.5 gigawatts (GW) of operating geothermal capacity, about half of which came online in the 1980s. EIA expects three plants with a combined capacity of 115 megawatts (MW) to come online in 2020. Nearly all U.S. geothermal capacity is located in California and Nevada.

  • Brazil's net metering policy leads to growth in solar distributed generation
    on November 19, 2019 at 2:00 pm

    Brazil's growth in distributed generation from renewable resources-especially solar-has increased since it implemented net metering policies in 2012. As of mid-November 2019, owners have installed more than 135,000 renewable distributed generation systems in Brazil, totaling about 1.72 gigawatts (GW) of capacity, according to the Brazilian Electricity Regulatory Agency (ANEEL)

  • EIA's Heating Oil and Propane Update shows lower prices so far this winter
    on November 18, 2019 at 2:00 pm

    According to the U.S. Energy Information Administration's (EIA) Heating Oil and Propane Update (HOPU), prices at the start of the 2019–2020 winter heating season (October 1 through March 31) were 10% lower for heating oil and 22% lower for propane than at the start of the previous winter. HOPU is published as part of the State Heating Oil and Propane Program (SHOPP), a joint effort between EIA and several state energy offices to collect state-level residential heating oil and propane price data from October through March in states where heating oil and propane use is common.

  • U.S. natural gas production, consumption, and exports set new records in 2018
    on November 15, 2019 at 2:00 pm

    The U.S. Energy Information Administration's (EIA) Natural Gas Annual 2018 shows that the United States set new records in natural gas production, consumption, and exports in 2018. In 2018, dry natural gas production increased by 12%, reaching a record-high average of 83.8 billion cubic feet per day (Bcf/d). This increase was the largest percentage increase since 1951 and the largest volumetric increase in the history of the series, which dates back to 1930. U.S. natural gas consumption increased by 11% in 2018, driven by increased natural gas consumption in the electric power sector. Natural gas gross exports totaled 10.0 Bcf/d in 2018, 14% more than the 2017 total of 8.6 Bcf/d. Several new liquefied natural gas (LNG) export facilities came online in 2018, allowing for more exports.

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