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EIA

(U.S. Energy Information Administration)

U.S. natural gas imports reach lowest level in 28 years

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Domestic natural gas production has hit record highs during the ongoing shale boom, and the low natural gas prices have played a role in replacing imports. Nearly 98 percent of natural gas imports came from Canada, but Canadian natural gas represented 7 percent of total U.S. natural gas consumption last year, which was down from 11 percent in 2009, according to the EIA.
U.S. refineries consumed 245,000 barrels per day more last week than the week before. (Jake Daniels/The Enterprise)

Oil inventories fall for third straight week, and crude price edges up

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Total inventories stood at 482.2 million barrels of oil for the week ending last Friday, down 2.7 million from the previous reporting period.

EIA: Gasoline still dominates, but other fuels have grabbed their biggest share of U.S. transportation in decades

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America’s transportation today is running on the largest share of non-petroleum energy since 1954, according to an analysis by the U.S. Energy Information Administration.
(Photo by Andrew Burton/Getty Images)

Texas has the nation’s No. 1 oil field

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Texas has shown a significantly stronger presence in the EIA’s top 10 than it did in the agency’s last report in 2009.
Pipelines run toward oil storage tanks stand at the Enbridge Inc. Cushing storage terminal in Cushing, Oklahoma, U.S., on Wednesday, March 25, 2015. (Daniel Acker/Bloomberg)

U.S. oil inventories rise by almost 2 million barrels, but below expectations

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Crude oil inventories across the U.S. posted another build last week, but the pace at which crude tanks are filling remained much slower than in weeks past. The oil markets shot up.
An LNG tanker. Photographer: Tomohiro Ohsumi/Bloomberg

EIA: The U.S. will be a net natural gas exporter by 2040, even with the most conservative projection

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The U.S. could be exporting anywhere between 0.2 trillion cubic feet and 10.3 trillion cubic of liquefied natural gas by 2040, according to the latest government projection.
Oil Boom Shifts The Landscape Of Rural North Dakota

Shale boom to start busting as U.S. output set to fall

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The shale oil bonanza that made millionaires from Texas to North Dakota is slowing down for the first time in years, a sign that painful industry cutbacks are starting to have an impact.
(Photographer: Ty Wright/Bloomberg)

U.S. households to save $700 this year on gasoline

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Oil companies may be taking a beating amid a global crude collapse, but U.S. drivers are saving big on gasoline, pocketing enough cash at the pump this year to buy a robot vacuum, a cheap refrigerator or the latest iPad.
Categories: Gasoline, General
(Eddie Seal/Bloomberg)

The U.S. is still the world’s biggest hydrocarbon producer

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The gap between the U.S. and its next two closest rivals has expanded in dramatic fashion since 2011.
Iran's supreme leader, Ayatollah Ali
Khamenei (Bloomberg News/ILNA/document IRAN)

EIA: Lifting Iran sanctions could send oil prices down as much as $15

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The high end of the Energy Information Administration’s prediction would bring 2016 Brent crude from $75 per barrel to about $60 per barrel, or just a few dollars above Tuesday’s ending price of $59.10.