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Posted January 22, 2018 Today in Energy

EIA forecasts natural gas to remain primary energy source for electricity generation ›

EIA’s January 2018 Short-Term Energy Outlook (STEO) forecasts that natural gas will remain the primary source of U.S. electricity generation for at least the next two years. The share of total electricity supplied by natural gas-fired power plants is expected to average 33% in 2018 and 34% in 2019, up from 32% in 2017. More

graph of U.S. electricity generation by energy source, as explained in the article text

Source: EIA, Short-Term Energy Outlook

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WTI crude oil futures price

1/19/2018: $63.37/barrel

down$0.93 from week earlier
up$12.00 from year earlier

Natural gas futures price

1/19/2018: $3.185/MMBtu

down$0.015 from week earlier
down$0.183 from year earlier

Weekly coal production

1/13/2018: 13.472 million tons

up1.407 million tons from week earlier
down1.990 million tons from year earlier

Natural gas inventories

1/12/2018: 2,584 Bcf

down183 Bcf from week earlier
down368 Bcf from year earlier

Crude oil inventories

1/12/2018: 412.7 million barrels

down6.9 million barrels from week earlier
down72.8 million barrels from year earlier

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