U.S. Energy Information Administration - EIA - Independent Statistics and Analysis
Today in Energy
U.S. crude oil and lease condensate proved reserves increased by 9% to 39.9 billion barrels, and natural gas proved reserves increased by 10% to 389 trillion cubic feet in 2014, according to EIA's U.S. Crude Oil and Natural Gas Proved Reserves report. U.S. crude oil and lease condensate proved reserves reached the highest level since 1972, and natural gas proved reserves surpassed last year's record level.
U.S. retail regular-grade gasoline prices continue to decline, averaging $2.09 per gallon (g) as of November 23, 73 cents lower than this time last year and the lowest heading into a Thanksgiving holiday weekend since 2008.
Note: Growth rates for 2005-13 reflect total change between those two years.
U.S. energy-related carbon dioxide (CO2) emissions were 5,406 million metric tons (MMmt) in 2014, 1% (51 MMmt) above their 2013 level. Energy-related emissions also increased in 2013, but because of declines in earlier years, the 2014 emissions were still roughly 10% below their 2005 level.
Note: Click to see information for all states.
A previous version of this article stated that energy-related carbon dioxide emissions fell in nearly every state, without specifying if that decline was in absolute or per capita terms. From 2005 to 2013, state emissions per capita fell in 48 states (including the District of Columbia) and rose in 3 states. In absolute terms, emissions fell in 42 states and rose in 9 states.
The United States has a diverse energy landscape that is reflected in differences in state-level emissions profiles. Since 2005, energy-related carbon dioxide (CO2) emissions fell in 48 states (including the District of Columbia) and rose in 3 states, on a per capita basis. EIA's latest analysis of state-level energy-related CO2 emissions includes data in both absolute and per capita terms, including details by fuel and by sector.
Note: Other regions include Eurasia, the Middle East, and Africa, but Europe makes up the majority of trade. Graph does not include small balancing volumes used to reconcile discrepancies between reported exports and imports. With the exception of North America, non-seaborne coal trade, which accounts for about 10% of total world coal trade, is not shown in the graph.
Global trade of coal grew dramatically from 2008 to 2013, but in 2014, it declined for the first time in 21 years. China and India accounted for 98% of the increase in world coal trade from 2008 to 2013, but declines in China's import demand have led to declines in total world coal trade in 2014 and, based on preliminary data, in 2015 as well.
The transportation of people and goods accounts for about 25% of all energy consumption in the world. Passenger transportation, in particular light-duty vehicles, accounts for most transportation energy consumption—light-duty vehicles alone consume more than all freight modes of transportation, such as heavy trucks, marine, and rail.
China and the United States are the two countries with the most energy-related carbon dioxide (CO2) emissions, together accounting for about 40% of global emissions in 2012. Late last year, China and the United States each announced intended nationally determined contributions (INDCs) to mitigate their respective greenhouse gas (GHG) emissions, but there is still uncertainty in each country's ability to meet those targets. Further efforts to reduce GHG emissions will be discussed at the upcoming United Nations Climate Change Conference in Paris.
Low water levels on the Rhine River have resulted in transportation disruptions for shipments of petroleum products by barge, which in turn have resulted in record supply disruptions in markets upriver, such as Switzerland and southern Germany, and high stock levels downriver, in the Netherlands and Belgium.
EIA's Weekly Natural Gas Storage Report (WNGSR) publishes weekly natural gas storage inventories by region. Natural gas storage levels have been high and recently reached a record 3,978 trillion cubic feet as of Friday, November 6. In an effort to better illustrate regional storage trends, EIA will publish weekly data divided into five regions, rather than the current three, beginning with the November 19 report. Later today, the WNGSR page will reflect the new five-region format, and the three-region series will be discontinued.
Increases in North Dakota's crude oil production have resulted in increased associated natural gas production from oil reservoirs, especially in the Bakken region. Because of insufficient infrastructure to collect, gather, and transport this natural gas, about one-fifth of North Dakota's natural gas production is flared rather than marketed. North Dakota's Industrial Commission (NDIC) has established natural gas capture targets in an effort to reduce the amount of flared gas, and they recently issued a revision to the flaring targets in response to faster-than-expected gas production growth in the Bakken region.