EIA: What's New http://www.eia.gov What's New at the Energy Information Administration en-us Sun, 12 Feb 2012 03:26:07 EST EIA logo http://www.eia.gov/images/eia_small_new_1.gif http://www.eia.gov US Energy Information Administration Natural gas and renewable shares of electricity generation to grow, coal still largest http://www.eia.gov/todayinenergy/detail.cfm?id=4950 Fri, 10 Feb 2012 00:00:00 EST (Fri, 10 Feb 2012) Over the next 25 years, natural gas and renewable fuels gain a larger share of the U.S. generating mix of electricity, according to the Annual Energy Outlook 2012 (AEO2012) Early Release Reference case. Coal remains the dominant source of electricity, but its share drops from 45% in 2010 to 39% in 2035. The Reference case assumes no changes in current laws and regulations or major technology breakthroughs, either of which could significantly change that outlook. Electricity Wholesale Market Data http://www.eia.gov/electricity/wholesale/ Thu, 09 Feb 2012 00:00:00 EST (Thu, 09 Feb 2012) Wholesale electricity price data from ICE (IntercontinentalExchange) has been updated through February 3, 2012. Data include peak prices, volumes, and the number of transactions at five electricity trading hubs covering most regions of the United States. U.S. natural gas inventories at end of winter heating season expected highest since 1983 http://www.eia.gov/todayinenergy/detail.cfm?id=4930 Thu, 09 Feb 2012 00:00:00 EST (Thu, 09 Feb 2012) The amount of U.S. working natural gas in underground storage at the end of March 2012 is expected to be the highest since 1983 for the close of the month, the traditional end of the winter heating season. A combination of warmer-than-normal temperatures this winter that reduced gas heating demand and rising domestic gas production has contributed to high inventories. Introducing EIA's Beta site http://www.eia.gov/beta/ Thu, 09 Feb 2012 00:00:00 EST (Thu, 09 Feb 2012) Beta encourages public testing and comment on the agency's latest product enhancements, and review other users' comments. As a first offering, three products on the beta site allow users to easily create graphics that show and compare energy data from petroleum, natural gas, and electricity. Tight oil, Gulf of Mexico deepwater drive projected increases in U.S. crude oil production http://www.eia.gov/todayinenergy/detail.cfm?id=4910 Wed, 08 Feb 2012 00:00:00 EST (Wed, 08 Feb 2012) EIA's Annual Energy Outlook 2012 Early Release Reference case, providing updated projections for energy markets through 2035, projects increased domestic crude oil production driven by development of tight oil resources onshore and deepwater resources in the Gulf of Mexico. Short Term Energy Outlook - Market Prices and Uncertainty Report http://www.eia.gov/forecasts/steo/uncertainty/index.cfm Tue, 07 Feb 2012 00:00:00 EST (Tue, 07 Feb 2012) EIA expects the price of West Texas Intermediate (WTI) crude oil to average about $100 per barrel in 2012, almost $6 per barrel higher than the average price last year. Based on recent futures and options data, the market believes there is about a one-in-fifteen chance that the average WTI price in June 2012 will exceed $125 per barrel, and about a one-in-fifty chance that it would exceed $140 per barrel. PADD regions enable regional analysis of petroleum product supply and movements http://www.eia.gov/todayinenergy/detail.cfm?id=4890 Tue, 07 Feb 2012 00:00:00 EST (Tue, 07 Feb 2012) The Petroleum Administration for Defense Districts (PADDs) are geographic aggregations of the 50 States and the District of Columbia into five districts. The PADDs help users of EIA's petroleum data assess regional petroleum product supplies. Considering the United States as five discrete areas, refinery production or inventories can be assessed on a regional basis. Short-Term Energy Outlook http://www.eia.gov/forecasts/steo/ Tue, 07 Feb 2012 00:00:00 EST (Tue, 07 Feb 2012) 'EIA expects the price of West Texas Intermediate (WTI) crude oil to average about $100 per barrel in 2012, almost $6 per barrel higher than the average price last year. Based on recent futures and options data, the market believes there is about a one-in-fifteen chance that the average WTI price in June 2012 will exceed $125 per barrel, and about a one-in-fifty chance that it would exceed $140 per barrel. Renewable electricity generation in California includes variable and non-variable sources http://www.eia.gov/todayinenergy/detail.cfm?id=4870 Mon, 06 Feb 2012 00:00:00 EST (Mon, 06 Feb 2012) Hourly electric power generation data illustrate the variability of wind and solar generation relative to the comparatively smooth output from other generation sources. The California ISO, which operates the electric power system for most of California, provides these hourly data for generation sources that are eligible renewable resources under California's Renewable Portfolio Standard (RPS). Most states have Renewable Portfolio Standards http://www.eia.gov/todayinenergy/detail.cfm?id=4850 Fri, 03 Feb 2012 00:00:00 EST (Fri, 03 Feb 2012) Renewable portfolio standards (RPS) are policies designed to increase electricity generation from renewable resources, including wind, solar, geothermal, and biomass. While there is no National-level renewable portfolio standard, 30 States and the District of Columbia had enforceable renewable portfolio standards (RPS) or other mandated renewable capacity policies, as of January 2012. In addition, seven States had voluntary goals for renewable generation.