Post Tagged with: "consumption/demand"

EIA forecasts more residential natural gas consumption this winter than last

EIA forecasts more residential natural gas consumption this winter than last

EIA

In the October 2020 Short-Term Energy Outlook, the U.S. Energy Information Administration (EIA) forecasts that residential natural gas consumption for the 2020–21 winter season (October–March) will average 21.1 billion cubic feet per day (Bcf/d), 5% more than last …

November 2, 2020 - 1:00 pm EIA News That Matters, Natural Gas News
Covid impacts crude oil tanker rates and are likely to remain low until global petroleum demand increases

Covid impacts crude oil tanker rates and are likely to remain low until global petroleum demand increases

EIA

Oil & Gas 360 Publishers Note: We have been covering the floating storage issues on our Daily Energy Market  News Desk, and the subsequent impact on world crude pricing. 

In March and April 2020, reduced demand for crude …

October 28, 2020 - 7:45 am Crude Oil News, International, Marine Shipping, Storage
Fossil fuels account for the largest share of U.S. energy production and consumption

Fossil fuels account for the largest share of U.S. energy production and consumption

EIA


Fossil fuels, or energy sources formed in the Earth’s crust from decayed organic material, including petroleum, natural gas, and coal, continue to account for the largest share of energy production and consumption in the United States. In 2019, 80% …

More energy is used per person for transportation in states with low population density

More energy is used per person for transportation in states with low population density

EIA


Oil & Gas 360 Publishers Note: Great report from the EIA – However I have one question – How will all of the people leaving the major population centers change this report? 

According to the latest data estimates in …

U.S. refineries respond to record-low demand by decreasing inputs to certain downstream units

U.S. refineries respond to record-low demand by decreasing inputs to certain downstream units

EIA


Starting in mid-March 2020, transportation fuel demand in the United States decreased to record lows as a result of reduced economic activity and stay-at-home orders aimed at slowing the spread of the 2019 novel coronavirus disease (COVID-19). In response …

COVID-19’s impact on commercial jet fuel demand has been significant and uneven

COVID-19’s impact on commercial jet fuel demand has been significant and uneven

EIA


Efforts to contain the 2019 novel coronavirus disease (COVID-19) have dramatically changed global commercial passenger flight volumes. These flights averaged a little more than 70,000 flights per day in January and February, fell to an average of less than …

EIA forecasts U.S. petroleum demand will remain below 2019 levels for several more months

EIA forecasts U.S. petroleum demand will remain below 2019 levels for several more months

EIA


Consumption of U.S. liquid fuels fell in March and April 2020 as a result of reduced travel related to COVID-19 and its mitigation measures. The U.S. Energy Information Administration’s (EIA) July Short-Term Energy Outlook (STEO) forecasts that U.S. consumption …

July 21, 2020 - 7:00 am Crude Oil News, EIA News That Matters
Daily electricity demand impacts from COVID-19 mitigation efforts differ by region

Daily electricity demand impacts from COVID-19 mitigation efforts differ by region

EIA


Recent business shutdowns and changes to normal routines related to mitigation efforts for the 2019 novel coronavirus disease (COVID-19) have caused daily weekday electricity demand in the central region of the United States to decrease by 9%–13% in March …

In 2019, U.S energy production exceeded consumption for the first time in 62 years

In 2019, U.S energy production exceeded consumption for the first time in 62 years

EIA


Oil & Gas 360 Publishers Note: Very interesting data provided by the EIA. If the U.S. energy production exceeded consumption in 2019 with no Covid 19 Virus, what in the world is going to happen this year?

In 2019, …

EIA projects U.S. energy intensity to continue declining, but at a slower rate

EIA projects U.S. energy intensity to continue declining, but at a slower rate

EIA


Although growth of energy consumption in the United States is closely tied to growth in GDP and other economic assumptions, it is partially offset by improvements in energy efficiency and other changes in the economy that result in lower

EIA’s Annual Energy Outlook 2020 projects consumption growing more slowly than production

EIA’s Annual Energy Outlook 2020 projects consumption growing more slowly than production

EIA


The AEO2020 Reference case projects domestic energy demand to grow 0.3% per year on average through 2050, slower than the average annual growth of 1.9% in U.S. gross domestic product. This projection is largely driven by continued increases in