Menu
Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids.
Exploration and reserves, storage, imports and exports, production, prices, sales.
Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions.
Energy use in homes, commercial buildings, manufacturing, and transportation.
Reserves, production, prices, employment and productivity, distribution, stocks, imports and exports.
Includes hydropower, solar, wind, geothermal, biomass and ethanol.
Uranium fuel, nuclear reactors, generation, spent fuel.
Comprehensive data summaries, comparisons, analysis, and projections integrated across all energy sources.
Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports.
Financial market analysis and financial data for major energy companies.
Greenhouse gas data, voluntary reporting, electric power plant emissions.
Maps, tools, and resources related to energy disruptions and infrastructure.
State energy information, including overviews, rankings, data, and analyses.
Maps by energy source and topic, includes forecast maps.
International energy information, including overviews, rankings, data, and analyses.
Regional energy information including dashboards, maps, data, and analyses.
Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data.
EIA's free and open data available as API, Excel add-in, bulk files, and widgets
Come test out some of the products still in development and let us know what you think!
EIA's open source code, available on GitHub.
Forms EIA uses to collect energy data including descriptions, links to survey instructions, and additional information.
Sign up for email subscriptions to receive messages about specific EIA products
Subscribe to feeds for updates on EIA products including Today in Energy and What's New.
Short, timely articles with graphics on energy, facts, issues, and trends.
Lesson plans, science fair experiments, field trips, teacher guide, and career corner.
EIA is continuing normal publication schedules and data collection until further notice.
Natural gas spot prices at the Waha hub in western Texas, located near Permian Basin production, settled at $1.55/million British thermal units (MMBtu) on August 15, the highest price since March 2019. This price increase coincides with the 2 billion cubic feet per day (Bcf/d) Gulf Coast Express Pipeline (GCX) preparing to enter service. GCX will provide much-needed additional natural gas takeaway pipeline capacity from the Permian region of western Texas and southeastern New Mexico.
Limited natural gas pipeline takeaway capacity from the region has kept prices very low, or even negative, in recent months. During the first eight months of 2019 (through August 19), the Waha spot price averaged just 65¢/MMBtu. The Waha spot price has been consistently lower than the Henry Hub spot price—the national benchmark price for natural gas.
However, in recent days, that differential has significantly decreased, and Waha spot prices posted 59¢/MMBtu lower than the Henry Hub spot price last Thursday, which was the lowest daily differential since January. In comparison, this differential averaged between $2/MMBtu and $3/MMBtu between March and June of this year.
This recent uptick in the Waha natural gas price coincides with flows on the GCX. Deliveries into the pipeline began on August 8. S&P Global Platts reported that deliveries at El Paso Natural Gas Pipeline’s interconnection with GCX reached nearly 0.26 Bcf/d on August 14.
Industry reports suggest that this level means that GCX is packing its lines in anticipation of entering service late next month, ahead of its announced in-service date of October 1. Once fully operational, the pipeline will be capable of sending about 2.0 Bcf/d of natural gas eastward to the Agua Dulce receipt point near the Texas Gulf Coast.
The Permian Basin in western Texas and southeastern New Mexico has seen large increases in natural gas production in recent years. Natural gas produced in the Permian Basin is largely associated natural gas, which is produced as a byproduct of crude oil production. Crude oil takeaway capacity in the region expanded in early 2019; however, GCX is the first addition to takeaway capacity for natural gas since this date. Producers in the region may vent or flare limited volumes of natural gas, and the Texas Railroad Commission regulates these activities.
After GCX enters service, several additional new natural gas pipelines are currently planned from the Permian to the Gulf Coast, which may further reduce the Waha-Henry Hub price differential. These projects include
Of these additional projects, currently only the Permian Highway Pipeline and the Whistler Pipeline have reached a final investment decision (FID) and are currently scheduled to enter service in 2020 and 2021, respectively. These projects plan to serve growing natural gas demand along the Gulf Coast, in particular at liquefied natural gas export facilities.
Principal contributor: Mike Kopalek
Tags: prices, natural gas, pipelines, Permian, map
