Current Issues & Trends

EIA completes study on rising crude oil adjustment, with two upcoming changes to reduce it
3/22/2023
Domestic policy and geopolitical developments affected China’s refinery activity and trade in 2022
2/1/2023
Crude oil and petroleum product prices fell in the second half of 2022 from multi-year highs
1/5/2023
Heating oil prices have increased while propane prices have stayed flat amid warm start to winter
11/9/2022As much as 15 million barrels of crude oil sold from the U.S. Strategic Petroleum Reserve
10/24/2022Households primarily heating with heating oil or propane will likely pay more this winter
10/20/202295% of the fuel ethanol moved in the United States in the first half of 2022 moved by rail
10/18/2022
U.S. propane prices have declined from multiyear highs, while inventories remain below average
7/27/2022
Agricultural trends and renewable fuels targets drive ethanol and biomass-based diesel prices
6/29/2022European petroleum tanker rates rise due to geopolitical instability and marine fuel costs
5/25/2022
Summer 2022 U.S. gasoline consumption expected to increase but remain below 2019 pre-pandemic levels
4/13/2022
Small reduction in net U.S. petroleum product exports during 2021 driven by distillate and gasoline
3/30/2022
U.S. ethane consumption growth to outpace growth in all other petroleum products through 2023
3/23/2022
EIA now forecasts supply and consumption for biodiesel, renewable diesel, and other biofuels
2/16/2022
Warm weather in the first half of winter led to lower U.S. propane prices and slower inventory draws
1/26/2022
OPEC production will grow in 2022 despite recent unplanned oil production outages in Libya
1/20/2022
With rising demand, U.S. average gasoline prices this Thanksgiving are the highest since 2012
11/24/2021
With rising demand, U.S. average gasoline prices this Thanksgiving are the highest since 2012
11/24/2021
Increased OPEC production and global natural gas prices are likely widening crude oil price spreads
11/17/2021
Crude oil producers and money managers recently increased financial exposure to crude oil prices
11/3/2021
Petroleum product demand returns faster than supply, drawing inventories and supporting prices
10/27/2021
Additional pipeline capacity from Canada to the United States could displace some crude oil by rail
10/20/2021
Natural gas revenue made up an increasing share of total revenue for some U.S. oil producers
9/22/2021
Low gasoline inventories and reduced refinery capacity raise U.S. retail gasoline prices in the West
8/4/2021
Increasing Midwest and Gulf Coast refinery production contributes to high jet fuel inventories
7/28/2021
Despite narrowing Brent–WTI spread and lower production, U.S. crude oil exports remain high
7/14/2021EIA’s updated liquids pipeline database shows 19 projects moving toward completion in 2021
6/25/2021Supply disruptions and rising demand boosted East Coast petroleum product imports in March
6/10/2021
EIA forecasts the United States will return to being a net petroleum importer in 2021 and 2022
2/10/2021
Heating and petrochemical demand in Asia contribute to more U.S. propane exports and higher prices
2/3/2021
Energy prices have increased more than non-energy commodity prices since the fourth quarter of 2020
1/27/2021In 2019, oil and lease condensate proved reserves were flat; natural gas reserves declined
1/22/2021
U.S. crude oil production forecast to decline until mid-2021 before returning to current levels
11/12/2020
First-half 2020 U.S. crude oil exports increase year-over-year despite declines beginning in March
9/16/2020
OPEC+ production cuts between January and August 2020 contributed to global oil market rebalancing
9/10/2020
Lowest U.S. average regular gasoline retail price heading into Labor Day weekend since 2004
9/2/2020
EIA’s mapping system and data series show energy infrastructure near hurricanes, wildfires
8/25/2020
U.S. refineries respond to record-low demand by decreasing inputs to certain downstream units
8/19/2020
Product crack spreads increase from recent lows but face uncertain demand, high inventories
7/22/2020
U.S. oil producers wrote down asset values, announced spending cuts in first quarter of 2020
7/15/2020
Breakeven crude oil prices are one metric of the economic constraints facing OPEC+ members
6/17/2020Low liquidity and limited available storage pushed WTI crude oil futures prices below zero
4/27/2020
WTI crude oil futures prices fell below zero because of low liquidity and limited available storage
4/22/2020OPEC shift to maintain market share will cause global inventory increases and lower prices
3/16/2020
OPEC shift to maintain market share will result in global inventory increases and lower prices
3/11/2020The United States is projected to be a net exporter of crude oil in two AEO2020 side cases
2/12/2020
The United States is projected to be a net exporter of crude oil in two AEO2020 side cases
1/29/2020EIA forecasts crude oil prices will fall in the first half of 2020, then rise through 2021
1/21/2020
With pipeline development, U.S. crude oil pipeline fill has increased by more than 60% since 2011
12/11/2019
September was the first month the United States recorded exporting more petroleum than it imported
12/4/2019Recent decrease in U.S. crude oil production was geographically isolated, likely temporary
10/9/2019
Saudi Arabia crude oil production outage will affect global oil markets and U.S. gasoline prices
9/18/2019