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
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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
Six states accounted for more than half of U.S. jet fuel consumption in 2019
January 27, 2021 In 2019, more than half of the jet fuel consumed in the United States was consumed in California, Texas, Florida, New York, Illinois, and Georgia, according to the U.S. Energy Information Administration’s (EIA) State Energy Data System. These states are home to many of the nation’s busiest airports and headquarters for many of the largest U.S. … [Read more...] about Six states accounted for more than half of U.S. jet fuel consumption in 2019
EIA expects gasoline and diesel prices to increase as U.S. economy recovers
January 25, 2021 National average motor gasoline and diesel prices in 2020 were the lowest since 2016: $2.17 per gallon (gal) for gasoline and $2.55/gal for diesel, according to the U.S. Energy Information Administration’s (EIA) Gasoline and Diesel Fuel Update. EIA expects that economic recovery and greater demand for transportation fuels will lead to higher prices for … [Read more...] about EIA expects gasoline and diesel prices to increase as U.S. economy recovers