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Friday 30 July 2021

The number of producing U.S. coal mines fell in 2020

By the end of 2020, the number of producing coal mines in the United States fell to 551 mines, the lowest number since U.S. coal production peaked in 2008. In 2020, 40 coal mines were opened or reactivated, and 151 mines were idled or closed. This overall decrease resulted in an 18% annual decline in the total number of producing coal mines from 2019 and a 62% decline since 2008. Shutting down less efficient mines while adding relatively few new mines and reactivating few idled mines resulted in the reduction in 2020. More »

Thursday 29 July 2021

U.S. renewable diesel capacity could increase due to announced and developing projects

U.S. production capacity for renewable diesel could increase significantly through 2024, based on several announcements for projects that either are currently under construction or could be in development soon. This growth is driven by higher state and federal targets for renewable fuel, favorable tax credits, and the conversion of existing petroleum refineries into renewable diesel refineries. More »

Wednesday 28 July 2021

Renewables became the second-most prevalent U.S. electricity source in 2020

In 2020, renewable energy sources (including wind, hydroelectric, solar, biomass, and geothermal energy) generated a record 834 billion kilowatthours (kWh) of electricity, or about 21% of all the electricity generated in the United States. Only natural gas (1,617 billion kWh) produced more electricity than renewables in the United States in 2020. Renewables surpassed both nuclear (790 billion kWh) and coal (774 billion kWh) for the first time on record. This outcome in 2020 was due mostly to significantly less coal use in U.S. electricity generation and steadily increased use of wind and solar. More »

Tuesday 27 July 2021

U.S. liquefied natural gas exports grew to record highs in the first half of 2021

U.S. exports of liquefied natural gas (LNG) continued to grow in the first six months of 2021, averaging 9.6 billion cubic feet per day (Bcf/d). This average marks an increase of 42%, or 2.8 Bcf/d, compared with the same period in 2020 (according to the U.S. Department of Energy's LNG Monthly reports and our estimates for June 2021, based on shipping data from Bloomberg Finance L.P.). During the summer months of 2020, U.S. LNG exports fell to record lows, but they set consecutive record highs in November and December. More »

Monday 26 July 2021

In 2020, the United States produced the least CO2 emissions from energy in nearly 40 years

In 2020, as the country responded to the COVID-19 pandemic, CO2 emissions from energy consumption in the United States fell to the lowest level since 1983. The 4.6 billion metric tons (Bmt) of CO2 emitted in 2020 was an 11% decrease from 2019, the largest annual decrease on record, according to our Monthly Energy Review. Our new U.S. CO2 emissions from energy consumption by source and sector chart illustrates CO2 emissions by energy source and sector. More »

Friday 23 July 2021

U.S. natural gas exports to Mexico established a new monthly record in June 2021

Natural gas pipeline exports from the United States to Mexico surpassed 7 billion cubic feet per day (Bcf/d) on multiple days during June, according to data from Wood Mackenzie. The highest amount of pipeline exports, 7.4 Bcf/d, was sent out on June 17. More »

Thursday 22 July 2021

Summer U.S. natural gas prices are the highest since 2014

In June, the U.S. natural gas spot price at the Henry Hub averaged $3.26 per million British thermal units (MMBtu), the highest price during any summer month (April–September) since 2014. Prices in July have increased from June, averaging $3.67/MMBtu through the first two weeks of July. Spot prices for July 14 in every one of the more than 175 pricing hubs tracked by Natural Gas Intelligence exceeded $3.00/MMBtu. These hubs include supply hubs that have traditionally traded at notable discounts to the Henry Hub, such as the Eastern Gas South hub (formerly known as Dominion South), located near production activities in the Appalachia Basin, and the Waha hub, located near production activities in the Permian Basin. More »

Wednesday 21 July 2021

June heat wave in the Northwest United States resulted in more demand for electricity

A heat wave in the Northwest United States in late June led to more regional demand for electricity. During periods of high temperatures, electricity demand increases as people turn up their air conditioners, dehumidifiers, fans, and other cooling equipment. Very high temperature events, like the one in June in the Northwest, tend to push electricity demand to very high levels. More »

Tuesday 20 July 2021

U.S. crude oil exports reached record levels in 2020 and remain high in 2021

Despite volatility in global oil markets, U.S. crude oil exports reached a record high in 2020. So far this year (as of July 9, 2021), U.S. crude oil exports have averaged 3.00 million barrels per day (b/d). The most recent four-week rolling average of U.S. crude oil exports reached 3.51 million b/d, according to our Weekly Petroleum Status Report. More »

Monday 19 July 2021

United States continued to lead global petroleum and natural gas production in 2020

More petroleum and natural gas was produced in the United States than in any other country during 2020 (a trend that began in 2014), despite year-on-year declines from the record-high production in 2019. U.S. petroleum and natural gas output in 2020 totaled 66.9 quadrillion British thermal units (quads), which was more than both Russia's 45.5 quads and Saudi Arabia's 26.5 quads of petroleum and natural gas production. More »

Friday 16 July 2021

Average U.S. construction costs for solar generation continued to fall in 2019

The annual capacity-weighted average construction costs for solar photovoltaic systems in the United States continued to decrease in 2019, dropping by a little less than 3%, according to our latest data on newly constructed utility-scale electric generators. The average costs for wind turbines remained relatively stable in 2019, increasing $9 per kilowatt (kW), or a little less than 1% from the 2018 average. Costs for natural gas-fired generators had the largest change from 2018 to 2019, increasing $241/kW, or almost 29%. More »

Thursday 15 July 2021

Brent crude oil price forecast to average $72 per barrel in the second half of 2021

In the July Short-Term Energy Outlook (STEO), we forecast the Brent crude oil price will average $72 per barrel (b) in the second half of 2021 (2H21) and $67/b in 2022, both $6/b higher than in the June STEO forecast. We revised global production down by 210,000 barrels per day (b/d) in 2H21, leading to larger forecast inventory draws in 2H21 and smaller forecast inventory builds in 2022, which contributes to the increased price forecast. More »

Wednesday 14 July 2021

In 2020, U.S. coal production fell to its lowest level since 1965

U.S. coal production totaled 535 million short tons (MMst) in 2020, a 24% decrease from the 706 MMst mined in 2019 and the lowest level of coal production in the United States in any year since 1965. More »

Tuesday 13 July 2021

U.S. crude oil production efficiency increased only in the Bakken region in 2020

In 2020, U.S. initial crude oil production per well, or well production efficiency, increased significantly in the Bakken region, according to our Drilling Productivity Report (DPR), which we update monthly. Productivity in other drilling regions remained largely steady or decreased slightly, DPR data shows. More »

Monday 12 July 2021

EIA Product Highlight: Southern California Daily Energy Report

We provide daily information on the Southern California energy market in our Southern California Daily Energy Report, which uses several of our data sources as well as third-party information from sources such as the Southern California Gas Company (SoCalGas), the California Independent System Operator (CAISO), and the National Oceanic and Atmospheric Administration. More »

Friday 9 July 2021

Global liquefied natural gas trade was flat in 2020 amid pandemic

Global trade in liquefied natural gas (LNG) in 2020 remained essentially unchanged from 2019, averaging 46.9 billion cubic feet per day (Bcf/d) compared with 46.7 Bcf/d in 2019, according to the recently released The LNG Industry: GIIGNL Annual Report 2021 by the International Group of Liquefied Natural Gas Importers (GIIGNL). This 0.4% annual increase in LNG trade occurred despite the COVID-19 pandemic that reduced global natural gas demand. Between 2015 and 2019, global LNG trade expanded by 45%, posting record growth in both 2018 and 2019. This expansion primarily resulted from liquefaction capacity additions in Australia, the United States, and Russia, which combined accounted for more than 90% of the global growth in liquefaction capacity during this period. More »

Thursday 8 July 2021

Refinery closures decreased U.S. refinery capacity during 2020

As a result of several U.S. refinery closures in 2020, U.S. operable atmospheric crude oil distillation capacity, the primary measure of refinery capacity in the United States, dropped 4.5% to a total of 18.1 million barrels per calendar day (b/cd) at the start of 2021. The end-of-year 2020 total is 0.8 million b/cd less than the 19.0 million b/cd of refining capacity at the start of 2020. According to the data in our annual Refinery Capacity Report, the beginning of 2021 marks the lowest annual capacity figure to start the year since 2015. Based on information reported to us in our recent update, U.S. refining capacity will not expand significantly during 2021. More »

Wednesday 7 July 2021

California's hydroelectric generation affected by historic drought

Most of the western United States is experiencing intense and historic drought conditions. California is one of the most severely affected states. As of June 22, 2021, 100% of the state is experiencing some degree of drought. About 33% of the state has been categorized under exceptional drought, the most intense drought classification. The drought conditions have affected California's water supply levels and hydropower plants. More »

Tuesday 6 July 2021

U.S. fossil fuel consumption fell by 9% in 2020, the lowest level in nearly 30 years

In 2020, total consumption of fossil fuels in the United States, including petroleum, natural gas, and coal, fell to 72.9 quadrillion British thermal units (Btu), down 9% from 2019 and the lowest level since 1991, according to our Monthly Energy Review. Our new chart of U.S. fossil fuel consumption by source and sector shows how each sector consumes fossil fuels. The chart also shows fossil fuels used for industrial non-combustion or nonfuel purposes, for example, in making plastics and chemicals. More »

Thursday 1 July 2021

Nonfossil fuel sources accounted for 21% of U.S. energy consumption in 2020

Primary energy consumption totaled 93 quadrillion British thermal units (quads) in the United States in 2020, or 7 quads less than in 2019. Fossil fuels— specifically petroleum, natural gas, and coal— accounted for 79% of total U.S. energy consumption in 2020. About 21% of U.S. energy consumption in 2020 came from nonfossil fuel sources such as renewables and nuclear— the highest share since the early 1900s, according to data in our Monthly Energy Review. More »
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