U.S. battery capacity increased 66% in 2024
In the United States, cumulative utility-scale battery storage capacity exceeded 26 gigawatts (GW) in 2024, according to our January 2025 Preliminary Monthly Electric Generator Inventory. Generators added 10.4 GW of new battery storage capacity in 2024, the second-largest generating capacity addition after solar. Even though battery storage capacity is growing fast, in 2024 it was […]
First liquefied natural gas cargo produced at Corpus Christi Stage 3 export facility
In February 2025, Corpus Christi Stage 3, an expansion of the existing Corpus Christi liquefied natural gas (LNG) export facility, produced its first LNG cargo, according to the developer Cheniere Energy. Corpus Christ Stage 3 started producing LNG in December 2024. The start of LNG exports from Corpus Christi Stage 3 follows shortly after the […]
U.S. butane exports reached a new record in 2024
In February 2025, Corpus Christi Stage 3, an expansion of the existing Corpus Christi liquefied natural gas (LNG) export facility, produced its first LNG cargo, according to the developer Cheniere Energy. Corpus Christ Stage 3 started producing LNG in December 2024. The start of LNG exports from Corpus Christi Stage 3 follows shortly after the […]
U.S. natural gas–directed rigs decreased for second consecutive year in 2024
The number of rigs deployed to drill for natural gas in the United States decreased over the last two years. U.S. natural gas–directed rigs decreased 32% (50 rigs) between December 2022 and December 2024. This decline has been concentrated in the natural gas–rich Haynesville and Appalachia regions, where the combined natural gas rig count declined […]
U.S. propane exports have increased every year since 2007
U.S. propane exports averaged a record 1.8 million barrels per day (b/d) in 2024, the most since we began collecting this data in 1973. U.S. propane exports increased for each of the last 17 years, with growth driven by higher demand in East Asia, mainly China, and a widening propane price differential between U.S. and […]
Refinery closures and rising consumption will reduce U.S. petroleum inventories in 2026
In 2026, we forecast that inventories of the three largest transportation fuels in the United States—motor gasoline, distillate fuel oil, and jet fuel—will fall to their lowest levels since 2000 in our February Short-Term Energy Outlook.
Pipeline companies deliver most of the U.S. electric power sector’s natural gas
According to our Natural Gas Annual Respondent Query System, 1,653 natural gas delivery companies delivered natural gas to end-use customers in 2023 in the United States. A delivery company is defined as any entity that delivers natural gas directly to end users. Natural gas deliveries by pipeline companies to the electric power sector made up […]
Planned retirements of U.S. coal-fired electric-generating capacity to increase in 2025
Electricity generators plan to retire 12.3 gigawatts (GW) of capacity in 2025, a 65% increase in retirements compared with 2024. Last year, 7.5 GW was retired from the U.S. power grid, the least generation retired since 2011, according to data reported to us in our latest inventory of electric generators. Coal generating capacity accounts for […]
Solar, battery storage to lead new U.S. generating capacity additions in 2025
We expect 63 gigawatts (GW) of new utility-scale electric-generating capacity to be added to the U.S. power grid in 2025 in our latest Preliminary Monthly Electric Generator Inventory report. This amount represents an almost 30% increase from 2024 when 48.6 GW of capacity was installed, the largest capacity installation in a single year since 2002. […]
Average state tax rates for retail gasoline and diesel fuel nearly flat since July 2024
As of January 1, 2025, state taxes and fees on gasoline and diesel fuel averaged $0.33 per gallon (gal) of gasoline and $0.35/gal of diesel fuel, according to our table on federal and state motor fuel taxes.