The United States set record energy production in 2025, again
Total energy production in the United States increased to a new record of 107 quadrillion British thermal units (quads) in 2025, a 3.4% increase from the previous record set in 2024, according to new data in our Monthly Energy Review. Total production was driven by record-high production in natural gas, crude oil, natural gas plant […]
One-fifth of U.S. renewable diesel and SAF production was exported in 2H25
The United States exported nearly 50,000 barrels per day (b/d) of renewable diesel and other biofuels—a category which includes sustainable aviation fuel (SAF)—in the second half of 2025 (2H25), about 20% of the combined production for those fuels. About half of these exports went to Canada, with the rest mostly going to Europe.
Commercial electricity sales have soared in Virginia, driven by data centers
Commercial electricity sales in Virginia increased by nearly 30.0 million megawatthours (MWh) between 2019 and 2025, much faster growth than in any other state except Texas, a much larger state, according to our Annual Electric Power Industry Report. The growth in sales of electricity in Virginia is largely driven by a concentration of data centers, […]
Coal distributions for non-electric power use decline in the South
The volume of coal delivered in the United States for uses other than power generation—primarily, for manufacturing—decreased by about half in the last 15 years. Coal delivered for these purposes in the South decreased the most in percentage terms between 2010 and 2025, falling 75%, or 14.7 million short tons (MMst), according to our Annual […]
DOE has released 17.5 million barrels from the Strategic Petroleum Reserve since March
Between the week ending March 20 and the week ending April 24, the U.S. Department of Energy (DOE) released a total of 17.5 million barrels of crude oil from the U.S. Strategic Petroleum Reserve (SPR), according to data in our Weekly Petroleum Status Report. DOE released 7.1 million barrels in the week ending April 24, […]
International LNG prices rise amid Strait of Hormuz closure
Prices for natural gas in Europe and Asia have diverged from those in the United States since the February 28 closure of the Strait of Hormuz.
Alaska proved reserves increased in 2024, while nationwide proved reserves fell
Oil and gas producers operating in Alaska reported increases in proved reserves in 2024 at a time when low prices triggered a decrease in nationwide proved reserves, according to our recently released U.S. Crude Oil and Natural Gas Proved Reserves, Year-End 2024 report. Alaska’s crude oil and lease condensate proved reserves increased 5%, and natural […]
International LNG prices rise amid Strait of Hormuz closure
Prices for natural gas in Europe and Asia have diverged from those in the United States since the February 28 closure of the Strait of Hormuz.
Brent crude oil spot prices surge past futures price in April
The Dated Brent spot price increased to a premium of more than $25 per barrel (b) compared with the front-month Brent futures contract in early April. Brent crude oil price benchmarks are widely used by commodities traders, financial market participants, economists, and others to assess changes in global petroleum prices more broadly.
Small modular reactors and microreactors under development in the United States
Electric utilities in the United States currently operate about 98 gigawatts (GW) of nuclear generating capacity, but very little nuclear capacity has been built in the last few decades. High capital costs and lengthy licensing and approval processes have limited the expansion of nuclear power. However, several companies are developing new small modular reactor (SMR) […]