February 4, 2021 The U.S. Energy Information Administration’s (EIA) Annual Energy Outlook 2021 Reference case, which assumes current laws and regulations through 2050, projects domestic crude oil production to return to 2019 levels by 2023 and then remain near 13 million to 14 million barrels per day (b/d) through 2050. The United States continues to be an integral part … [Read more...] about EIA's AEO2021 Reference case shows crude oil production plateauing after 2030
EIA's AEO2021 explores the impact of COVID-19 on the U.S. energy mix through 2050
February 3, 2021Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) The United States will likely take years to return to 2019 levels of energy consumption and carbon dioxide emissions following the impact of COVID-19 on the U.S. economy and global energy sector, according to projections in the U.S. Energy Information Administration’s … [Read more...] about EIA's AEO2021 explores the impact of COVID-19 on the U.S. energy mix through 2050
U.S. wind generation sets new daily and hourly records at end of 2020
February 2, 2021 In the final months of 2020, electricity generation from wind turbines in the United States set daily and hourly records. Hourly data collected in the U.S. Energy Information Administration’s (EIA) Hourly Electric Grid Monitor show an hourly record set late in the day on December 22 and a daily record set on the following day. On April 10, 2019, daily … [Read more...] about U.S. wind generation sets new daily and hourly records at end of 2020
Natural gas production far exceeded consumption in West Virginia in 2019
February 1, 2021 In West Virginia in 2019, 5.9 billion cubic feet per day (Bcf/d) of marketed natural gas was produced and 0.6 Bcf/d was consumed. No other state had a higher ratio of natural gas production to consumption in 2019. West Virginia’s natural gas production ranked 6th out of the 50 states in 2019, according to the U.S. Energy Information … [Read more...] about Natural gas production far exceeded consumption in West Virginia in 2019
EIA estimates that global petroleum liquids consumption dropped 9% in 2020
January 29, 2021 Responses to the coronavirus disease (COVID-19) caused global demand for petroleum products to fall significantly in 2020. The U.S. Energy Information Administration (EIA) estimates that the world consumed 92.2 million barrels per day (b/d) of petroleum and other liquid fuels in 2020, a 9% decline from the previous year and the largest decline in EIA’s … [Read more...] about EIA estimates that global petroleum liquids consumption dropped 9% in 2020