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EIA expects U.S. energy-related carbon dioxide emissions to increase in 2022 and 2023

tags: CO2emissionsliquid fuelsnatural gasoil/petroleum

Data centers and cryptocurrency mining in Texas drive strong power demand growth

tags: STEOTexascoalconsumption/demandcryptocurrencyelectricity+generationnatural gasstates

Development of new fields in Gulf of Mexico to offset production decline in 2024 and 2025

tags: Gulf of MexicoSTEOcrude oilliquid fuelsnatural gasoil/petroleum+production/supply

Permian production forecast growth driven by well productivity, pipeline capacity

tags: PermianSTEOcrude oildrillingliquid fuelsnatural gas+oil/petroleumpipelinesproduction/supplywells

Commercial electricity demand grew fastest in states with rapid computing facility growth

tags: STEOcommercialconsumption/demandelectricitysales

Higher refining costs could increase summer gasoline prices

tags: STEOgasolineliquid fuelspricesrefining

How accurate were EIA’s Winter Fuels Outlook forecasts?

tags: STEOelectricityheating oilnatural gaspropaneweather

What is the outlook for the natural gas spot price in 2024 and 2025?

tags: STEOnatural gasspot prices

Projected zero-carbon electricity growth highly dependent on cost in parts of Asia

tags: CO2IEOelectricitygenerationinternational

In most U.S. regions, 2024 wholesale electricity prices will be similar to 2023

tags: STEOelectricitynatural gaspriceswholesale prices

Solar and wind to lead growth of U.S. power generation for the next two years

tags: STEOelectricitygenerationrenewablessolarwind

We expect Henry Hub natural gas spot price to average under $3.00/MMBtu in 2024 and 2025

tags: Henry HubSTEOnatural gasspot prices

EIA expects relatively flat crude oil prices in 2024 and 2025

tags: STEOcrude oilliquid fuelsoil/petroleumprices

Winter 2023–24 Global LNG Analysis

tags: ChinaEuropeHenry HubItalyJapanLNG+NetherlandsNorwayRussiaSouth KoreaUnited KingdomUnited Statesconsumption/demandexports/importsinventories/stocksnatural gasspot pricesstorage

EIA forecasts winter U.S. household expenditures higher on fuel oil and lower on propane

tags: STEOheating oilliquid fuelsoil/petroleumpetroleum productspropane+weather

Average U.S. natural gas bills expected to decrease this winter

tags: STEOnatural gaspricesresidentialweather

EIA projects global energy consumption will outpace efficiency gains in most cases

tags: CO2IEOconsumption/demandemissionsinternational

Prices and higher well productivity drive up U.S. crude oil production forecast

tags: crude oiloil/petroleumpricesstates

EIA forecasts crude oil prices will increase through 2024 as demand rises above supply

tags: STEOconsumption/demandcrude oilliquid fuelsoil/petroleumprices+production/supply

Increased U.S. renewable and natural gas generation likely to reduce summer coal demand

tags: STEOcoalconsumption/demandelectricitygenerationnatural gas+renewablesweather

EIA explores effects of liquefied natural gas exports on the U.S. natural gas market

tags: AEOHenry HubLNGexports/importsliquid fuels

EIA expects lower crude oil prices for the second half of 2023 and for 2024

tags: STEOcrude oilliquid fuelsoil/petroleumprices

Incentives and lower costs drive electric vehicle adoption in our Annual Energy Outlook

tags: AEOvehicles

Forecast retail gasoline prices for summer 2023 will be lower than last summer

tags: STEOgasolineliquid fuelsoil/petroleumprices

U.S. electric capacity mix shifts from fossil fuels to renewables in AEO2023

tags: AEObiomasscapacitycrude oilelectricitygeneration+geothermalhydroelectricliquid fuelsnatural gasnuclearoil/petroleumrenewablessolarwind

Recent Data

Price summary (historical and forecast)
  2022 2023 2024 2025
WTI Crude Oila
dollars per barrel		 94.91 77.58 78.80 79.63
Brent Crude Oil
dollars per barrel		 100.94 82.41 82.80 84.09
Gasolineb
dollars per gallon		 3.97 3.52 3.33 3.29
Dieselc
dollars per gallon		 4.99 4.22 3.78 3.73
Heating Oild
dollars per gallon		 5.01 3.84 3.63 3.48
Natural Gasd
dollars per thousand cubic feet		 14.77 15.19 14.22 13.39
Electricityd
cents per kilowatthour		 15.04 15.98 16.22 16.49
aWest Texas Intermediate.
bAverage regular pump price.
Note: Italics indicate forecast.
Data source: Short-Term Energy Outlook 		cOn-highway retail.
dU.S. Residential average.

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