December 16, 2020 During the summer of 2020, monthly exports of liquefied natural gas (LNG) from the United States were the lowest in 26 months but have since increased, and in November, estimated LNG exports surpassed the previous record set in January 2020. In the December 2020 Short-Term Energy Outlook, the U.S. Energy Information Administration (EIA) estimated that … [Read more...] about U.S. liquefied natural gas exports set a record in November
Average monthly electricity bill for U.S. residential customers declined in 2019
December 15, 2020 In 2019, the average monthly electricity bill for residential customers in the United States was 1.8% lower than it had been in 2018, down from $118 to $115 per month. Although the average U.S. residential electricity price rose from 12.87 cents per kilowatthour (kWh) in 2018 to 13.01 cents/kWh in 2019, less-than-average monthly electricity consumption per … [Read more...] about Average monthly electricity bill for U.S. residential customers declined in 2019
Petroleum stocks at Northeast power plants have not changed much in recent years
December 14, 2020 In much of the United States, power plants that burn petroleum liquids are generally operated for short periods during times of peak electricity demand, such as during brief periods of cold winter weather. These plants maintain petroleum inventories so that they are ready to dispatch electricity when it’s needed. Petroleum plays an important role in … [Read more...] about Petroleum stocks at Northeast power plants have not changed much in recent years
In California, natural gas helps balance changes in electricity demand and solar output
December 11, 2020Source: U.S. Energy Information Administration, Hourly Electric Grid MonitorNote: Data are for the California region, which includes electric power markets regulated by the California Independent System Operator (CAISO) and other balancing authorities operating largely in California. In California wholesale electricity markets, natural gas-fired electricity … [Read more...] about In California, natural gas helps balance changes in electricity demand and solar output
U.S. petroleum refining capacity falls to its lowest level since May 2016
December 10, 2020 As of September 1 (the latest data available), the United States had 18.4 million barrels per calendar day (b/cd) of petroleum refining capacity, also known as operable atmospheric crude oil distillation capacity. U.S. refining capacity had reached a record high of nearly 19.0 million b/cd earlier this year, but several refineries have closed since then, and … [Read more...] about U.S. petroleum refining capacity falls to its lowest level since May 2016