Solar generation was 3% of U.S. electricity in 2020, but we project it will be 20% by 2050

Source: U.S. Energy Information Administration, Monthly Energy Review, Electric Power Annual, Short-Term Energy Outlook, and Annual Energy Outlook According to our Electric Power Annual, solar power accounted for 3% of U.S. electricity generation from all sources…

Continue ReadingSolar generation was 3% of U.S. electricity in 2020, but we project it will be 20% by 2050
Read more about the article EIA forecasts U.S. winter natural gas bills will be 30% higher than last winter
Source: U.S. Energy Information Administration, Winter Fuels Outlook

EIA forecasts U.S. winter natural gas bills will be 30% higher than last winter

Source: U.S. Energy Information Administration, Winter Fuels Outlook In our latest Winter Fuels Outlook, we forecast that U.S. households that primarily use natural gas for space heating will spend an average of $746…

Continue ReadingEIA forecasts U.S. winter natural gas bills will be 30% higher than last winter
Read more about the article Today in Energy
U.S. gasoline exports in May, June, and July reach new seasonal highs

Today in Energy

U.S. gasoline exports in May, June, and July reach new seasonal highs Source: U.S. Energy Information Administration, Petroleum Supply Monthly Note: Gasoline exports include combined exports of finished motor gasoline and motor gasoline…

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EIA projects accelerating renewable consumption and steady liquid fuels growth to 2050

Source: U.S. Energy Information Administration, International Energy Outlook 2021 (IEO2021) Note: Petroleum and other liquids includes biofuels. Today at 10 a.m., we are releasing our International Energy Outlook 2021 (IEO2021). In the IEO2021 Reference case, which assumes…

Continue ReadingEIA projects accelerating renewable consumption and steady liquid fuels growth to 2050

Brent crude oil price forecast to average $72 per barrel in the second half of 2021

July Short Term Energy Outlook: EIA Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), July 2021 Note: WTI = West Texas Intermediate crude oil. In the July Short-Term Energy Outlook (STEO), The EIA forecasts…

Continue ReadingBrent crude oil price forecast to average $72 per barrel in the second half of 2021