Tag: Energy Information Administration

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 »

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 »

Feds to beef up oil & gas data amid drilling surge

The federal government will soon begin collecting more information about the amount of oil and gas pouring out of wells across the United States, with the data likely to drive policy debates in the nation’s capital.  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 »

Texas leads nation in oil field job growth

The resurgence in domestic drilling made possible by new techniques like hydraulic fracturing and horizontal drilling has created thousands of new jobs since the recession, and nowhere is that more evident than the Lone Star State.  More »

Who sets gas prices? Look to London, not US, report says

The government’s top energy analysts weighed into the debate on exporting crude Thursday, releasing a study asserting that the cost of gasoline inside the United States is closely tied to the price of international crudes, not domestic oil.  More »

Government lags in measuring gush of U.S. crude

The federal Energy Information Administration relies on state agencies for data about oil production, sometimes two years late. For natural gas, the EIA is collecting data from an outdated survey of producers in five states that was designed before technological advancements opened up new plays across the country.  More »

Crude prices fall to lowest levels in years as market pressures converge

Crude oil prices fell to the lowest levels since 2012 early Thursday, as concerns about both oversupply and the global economy weighed on traders.  More »

Texas uses the most electricity, burns nearly the most fuel

Texas has been the biggest user of motor fuel and residential electricity so far in 2014.  More »

California hydroelectric power drying up amid drought

The Energy Information Administration says the extended drought in California is hurting the state’s capacity to production hydroelectric power.  More »

WTI crude slips below $90 for first time in 17 months

West Texas Intermediate oil fell below $90 for the first time in 17 months amid signs that supplies from Russia, Saudi Arabia and the U.S. are outstripping demand.  More »

Condensate export numbers trickle out

New government data about crude exports includes information about the first-known U.S. exports of lightly treated condensate, but the real details are hidden from view.  More »

Crude oil in U.S. slides most in 22 months on growing supply

Oil for November delivery fell $3.41 to end at $91.16 a barrel.  More »

Barton: Time to lift crude export ban

Rep. Joe Barton is now convinced: U.S. oil producers should be able to freely sell their crude overseas.  More »
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