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Posted September 17, 2019 Today in Energy

Natural gas and wind forecast to be fastest growing sources of U.S. electricity generation ›

In its latest Short-Term Energy Outlook, the U.S. Energy Information Administration (EIA) forecasts that natural gas-fired electricity generation in the United States will increase by 6% in 2019 and by 2% in 2020. EIA also forecasts that generation from wind power will increase by 6% in 2019 and by 14% in 2020. These trends vary widely among the regions of the country; growth in natural gas generation is highest in the mid-Atlantic region and growth in wind generation is highest in Texas. EIA expects coal-fired electricity generation to decline nationwide, falling by 15% in 2019 and by 9% in 2020. More

U.S. annual electric power sector generation

Source: EIA, Short-Term Energy Outlook

Data Highlights

WTI crude oil futures price

9/16/2019: $62.90/barrel

up$5.05 from week earlier
down$6.09 from year earlier

Natural gas futures price

9/16/2019: $2.681/MMBtu

up$0.096 from week earlier
down$0.086 from year earlier

Retail gasoline price

9/16/2019: $2.552/gal

up$0.002 from week earlier
down$0.289 from year earlier

Retail diesel price

9/16/2019: $2.987/gal

up$0.016 from week earlier
down$0.281 from year earlier

Weekly coal production

9/7/2019: 13.292 million tons

down1.556 million tons from week earlier
down0.799 million tons from year earlier