Tag: EIA

Nature defends natural gas story over EIA objections

A Nature article from early December questioning how long the North American natural gas boom could really last earned stinging letters this week from the EIA and University of Texas researchers.  More »

Lower price at the pump doesn’t mean much more driving, report says

But the relationship between prices and number of drivers used to be closer.  More »

WTI to average $63 a barrel next year, feds predict

The price for U.S. benchmark oil is $15 lower than in last month’s report.  More »

EIA: US production to increase 115K barrels in January

Next month’s total will be nearly 2,000 bpd more than December’s rise.  More »

Northeast natural gas prices still well above average despite warmer winter

The EIA says lower production and lack of pipeline capacity are to blame.  More »

EIA tool gives closer look at oil imports

U.S. oil imports have declined steadily over the past four years, as refiners replace foreign light, sweet crude with domestic supplies, according to the Energy Information Administration.  More »

Shale drillers keep output high despite oil price decline

Companies said they expect to pump more from their prime properties while cutting back in their least productive prospects.  More »

Natural gas well positioned for coming winter, industry group says

America’s Natural Gas Alliance, an industry group that represents producers, said that a large investment in infrastructure and a rapid buildup in inventories has made more natural gas available this winter than last, despite 2014’s cold winter that left storage of the fuel at decade-long lows.  More »

EIA: Natural gas storage inventories rebounding

Natural gas inventories rose by 40 billion cubic feet last week, extending a long run of higher-than-average storage injections, the U.S. Energy Information said today in a weekly report.  More »

Gov’t tells US drivers to get used to cheap gas

In a dramatic shift from previous forecasts, the Energy Department predicted Wednesday that the average price of gasoline in the U.S. will be $2.94 a gallon in 2015. That is a 44-cent drop from an outlook issued just a month ago.  More »

Saudis reject talk of OPEC market share war as oil slides

Brent crude futures plunged below $80 yesterday for the first time since September 2010 on concern OPEC is in no hurry to halt a four-month slide in prices.  More »

Cheaper gasoline may translate to a boost in holiday spending

For every 1 cent drop in gas prices, Americans save about $3.7 million.  More »

LNG exports could increase production and price of gas, report says

Liquefied natural gas exports could mean more natural gas production, more economic growth and an increase in consumer prices, according to a government analysis.  More »

Natural gas storage on track to recover from last winter’s lows

Natural gas storage inventories usually rise over the summer months and are drawn down in the winter as the fuel is used to heat homes.  More »

Oil rises after inventory report

Oil for December delivery rose $1.49 to settle at $78.68 a barrel on the New York Mercantile Exchange.  More »
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