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Posted February 9, 2016Today in Energy

Natural gas use for power generation higher this winter ›

So far this winter, natural gas consumption in the electric power sector (gas burn) has been higher than in any previous winter. According to Bentek Energy, gas burn in the electric power sector has averaged 25.0 billion cubic feet per day (Bcf/d) so far this winter (November 1 through February 8), up 17% from last year's average of 21.4 Bcf/d during the same period and significantly higher than the 18.8 Bcf/d average of the past five years. More


Source: EIA, based on Bentek

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Data Highlights

WTI crude oil futures price

2/8/2016: $29.69/bbl

down$1.93 from week earlier
down$22.00 from year earlier

Natural gas futures price

2/8/2016: $2.140/mmBtu

down$0.012 from week earlier
down$0.439 from year earlier

Retail gasoline price

2/8/2016: $1.759/gal

down$0.063 from week earlier
down$0.432 from year earlier

Retail diesel price

2/8/2016: $2.008/gal

down$0.023 from week earlier
down$0.827 from year earlier

Weekly coal production

1/30/2016: 13.611 million tons

up0.550 million tons from week earlier
down6.837 million tons from year earlier

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