Energy Update
(Wed, 31 May 2023) In March 2023, dry natural gas production increased year over year for the month for the 24th consecutive month. The preliminary level for dry natural gas production in March 2023 was 3,171 billion cubic feet (Bcf), or 102.3 billion cubic feet per day (Bcf/d). This level was 7.2% (6.9 Bcf/d) higher than March 2022 (95.4 Bcf/d) and the highest level for any month since 1973, when we began tracking dry natural gas production.
(Tue, 23 May 2023) EIA presents an alternative case to the <em>Annual Energy Outlook 2023</em> (AEO2023) that assumes no new interstate natural gas pipelines are built between 2024 and 2050. This Issues in Focus article examines how these limitations to natural gas pipeline capacity affect natural gas production, consumption, prices, and trade at the national and regional levels.
(Thu, 18 May 2023) EIA's <em>Weekly Petroleum Status Report</em> (WPSR) will begin showing Fuel Ethanol and Total Motor Gasoline (sum of Finished Motor Gasoline and Motor Gasoline Blending Components) estimates separate from Other Oils exports estimates starting on June 1, 2023.
(Thu, 27 Apr 2023) Working natural gas stocks in the Pacific region totaled 73 billion cubic feet (Bcf) as of March 31, 2023, ending the 2022â23 heating season (November 1âMarch 31) at their lowest level in our data dating back to 2010. Reduced natural gas stocks contributed to higher wholesale natural gas and electricity prices on the West Coast.
(Wed, 12 Apr 2023) This new set of reports provides details about how we gathered information for the 2018 CBECS from start to finish. The reports provide details about the CBECS process, including constructing a frame, selecting a sample, conducting the <em>Buildings Survey</em> and the <em>Energy Supplier Survey</em>, processing the data, and modeling energy end-use consumption.
(Fri, 31 Mar 2023) Pemex (Mexicoâs state-owned oil company) reported a profit of 23 billion pesos (US $1.2 billion) in 2022 aided by higher oil prices. This is the first time the company posted a profit in a decade on an annual basis. Recently, increasing private investment and rising condensate production helped reverse a downward trend in Mexicoâs oil production that began in 2004. In 2022, Mexicoâs oil production was nearly 2 million barrels per day (b/d).
(Wed, 29 Mar 2023) <p>Our first set of consumption and expenditures tables are now available. This release features, for the first time ever, household consumption and expenditures estimates for all 50 states and the District of Columbia. The 18 tables in this release include total consumption, total expenditures, and energy-intensity estimates for electricity, natural gas, propane, and fuel oil.</p>
(Tue, 28 Mar 2023) Qatar produced the worldâs sixth-highest amount of dry natural gas, exported the second-highest amount of liquefied natural gas, and held the third-highest amount of natural gas reserves in 2021. Qatarâs high natural gas output yields significant and valuable petroleum liquid byproducts such as lease condensates and hydrocarbon gas plant liquids (HGLs).
(Thu, 16 Mar 2023) <p>We present alternative cases to the <em>Annual Energy Outlook 2023</em> (AEO2023) that vary the level of tax credits clean energy projects qualify for under the IRA.
(Thu, 02 Mar 2023) Algeria is a major crude oil and natural gas producer in Africa and has been a member of the Organization of the Petroleum Exporting Countries (OPEC) since 1969, about 10 years after Algeria first began producing crude oil. Algeria imports very little energy as its domestic consumption is met by its own oil and natural gas production, which is heavily subsidized. Natural gas and oil account for almost all of Algeria's total primary energy consumption.
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