A mild winter reduced withdrawals from natural gas storage in the U.S. South Central
During this past winter heating season (Nov 1�Mar 31), the amount of natural gas withdrawn from underground storage in the U.S. South Central storage region was among the least on record, at 239 billion cubic feet (Bcf), according to our Weekly Natural Gas Storage Report. Winter heating degree days in the region were 10% below […]
U.S. natural gas production and LNG exports will likely grow through 2050 in AEO2023
In our Annual Energy Outlook 2023 (AEO2023) Reference case, we project U.S. natural gas production to increase 15% and liquefied natural gas (LNG) exports to increase 152% between 2022 and 2050. We expect natural gas production to rise to 42.1 trillion cubic feet (Tcf) by 2050. Production growth is largely driven by U.S. LNG exports, […]
U.S. coal shipments increased slightly in 2022 as power plants replenished stockpiles
The amount of coal received by power plants in the United States has largely declined over the past decade as coal-fired electricity generation has fallen and many coal-fired power plants have closed. However, slightly more coal was shipped to U.S. power plants in 2022 than in 2021 even though coal-fired generation fell by nearly 8% […]
Less natural gas was withdrawn from storage this winter than in the last seven
Withdrawals of natural gas from U.S. underground storage facilities totaled 1,707 billion cubic feet (Bcf) during the 2022–23 heating season (November 1 to March 31), after subtracting occasional injections, according to our Weekly Natural Gas Storage Report (WNGSR). This recent heating season’s natural gas withdrawals were the lowest since the 2015–16 winter heating season. After […]
2018 CBECS used new technology to virtually list buildings and collect data
The Commercial Buildings Energy Consumption Survey (CBECS) is our sample survey about energy consumption in commercial buildings. Throughout its more than 40-year history, the CBECS has adapted to change. The most recent changes include using satellite images to create a sampling frame, which we use in the process to select the buildings we survey, and […]
Petroleum production in Mexico stabilizes after years of decline
After nearly two decades of steady declines, Mexico’s petroleum and liquid fuels production has remained stable since 2019, and we forecast production in Mexico will remain relatively flat through 2024. Private companies have increased petroleum production in Mexico over the past five years. In 2022, Mexican government data show that private production contributed more than […]
Forecast retail gasoline prices for summer 2023 will be lower than last summer
In our April Short-Term Energy Outlook (STEO), we estimate that U.S. retail gasoline prices this summer for regular-grade gasoline will average about $3.50 per gallon (gal), or about 80 cents/gal less than the price last summer, which was the highest price since summer 2014. The summer average includes retail prices from April through September. Lower […]
Solar distributed generation capacity in Brazil is growing rapidly
Brazil’s growth in distributed generation capacity from renewable resources—especially solar—has increased rapidly since the country implemented net metering policies in 2012. As of March 31, 2023, home and building owners have installed more than 1.8 million renewable distributed generation systems in Brazil, totaling about 19 gigawatts (GW) of capacity, the vast majority of which is […]
Pennsylvania natural gas production changed little in 2022
In 2022, Pennsylvania accounted for 19% of U.S. marketed natural gas production, with more natural gas produced than in any other state except Texas. Marketed natural gas production in Pennsylvania fell slightly by 2% to average 20.5 billion cubic feet per day (Bcf/d) in 2022 after reaching an annual high of 20.9 Bcf/d in 2021, […]
U.S. electric capacity mix shifts from fossil fuels to renewables in AEO2023
The U.S. power grid nearly doubles in capacity from 2022 to 2050 to meet increasing demand for electric power, and most newly built capacity will be from renewable energy technologies, according to most cases in our Annual Energy Outlook 2023 (AEO2023). Declining capital costs for solar panels, wind turbines, and battery storage, as well as […]