Source: U.S. Energy Information Administration, Short-Term Energy Outlook, January 2021 In our January 2022 Short-Term Energy Outlook (STEO), we forecast that crude oil prices will fall from 2021 levels. In the fourth quarter of…
Source: U.S. Energy Information Administration, Short-Term Energy Outlook We expect 22% more U.S. coal-fired generation in 2021 than in 2020, according to our latest Short-Term Energy Outlook (STEO). The U.S. electric power sector has…
Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) In our October Short-Term Energy Outlook (STEO), we forecast that natural gas spot prices at the U.S. benchmark Henry Hub will average $5.67 per million British…
Source: U.S. Energy Information Administration, Short-Term Energy Outlook: Winter Fuels Outlook In our Winter Fuels Outlook, to be released later today, we forecast that U.S. households will spend more money on energy this…
Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO) On Sunday, August 29, Hurricane Ida made landfall near Port Fourchon, Louisiana, as a Category 4 hurricane. As a result of the hurricane, 96% of crude oil…
Source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), August 2021 In our August Short-Term Energy Outlook (STEO), the EIA forecasts that total world petroleum production will average 98.9 million barrels per day (b/d)…
OPEC+ agrees to crude oil production increases, but Brent crude oil prices remain high Source: Graph by the U.S. Energy Information Administration, based on data from Bloomberg On July 18, OPEC+ agreed…
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…