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Posted July 11, 2014Today in Energy

Fuel economy improvements show diminishing returns in fuel savings ›

Fuel costs, which depend on vehicle fuel economy, miles driven, and fuel price, are an important factor in vehicle purchasing decisions. However, fuel economy improvement exhibits diminishing returns in fuel savings. For example, switching from a 10-mile-per-gallon (mpg) vehicle to 15 mpg saves more fuel and greater fuel cost savings than switching from a 25 mpg vehicle to 75 mpg. More


Source: EIA, Annual Energy Outlook 2014

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American Energy Data Challenge

American Energy Data Challenge ›

Contest #3 Open Data by Design. Prizes for designs using the featured data. Submissions due July 18. Public voting July 22–29.

2014 EIA Conference

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Speakers include Daniel Yergin, Maria van der Hoeven, Fred Upton, Eric Slifka, José Manuel Carrera Panizzo, and more.

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Data Highlights

WTI crude oil futures price

7/10/2014: $102.93/bbl

down$1.13 from week earlier
down$3.59 from year earlier

Natural gas futures price

7/10/2014: $4.120/mmBtu

down$0.286 from week earlier
up$0.440 from year earlier

Weekly coal production

7/5/2014: 18.094 million tons

down1.258 million tons from week earlier
up0.146 million tons from year earlier

Natural gas inventories

7/4/2014: 2,022 Bcf

up93 Bcf from week earlier
down653 Bcf from year earlier

Crude oil inventories

7/4/2014: 382.6 mmbbl

down2.4 mmbbl from week earlier
up8.6 mmbbl from year earlier

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