Tuesday, September 16, 2025
U.S. power consumption set to hit record highs in 2025 and 2026- oil and gas 360

U.S. power consumption set to hit record highs in 2025 and 2026

(Oil Price) – U.S. electricity consumption is set to hit record-high levels this year and next, as demand from data centers and industrial customers soars, the U.S. Energy Information Administration (EIA) said in its latest Short-Term Energy Outlook (STEO). America’s power use will hit 4,187 billion kilowatt-hours (kWh) in 2025 and then rise to 4,305 billion kWh in 2026, the monthly report showed.

U.S. onshore oil production soars to record highs- oil and gas 360

U.S. onshore oil production soars to record highs

(Oil Price)– U.S. crude oil production from onshore federal lands hit a record 1.7 million barrels per day (bpd) in 2024, according to the EIA and the Department of the Interior. That’s a sixfold jump since 2008—far outpacing the broader rise in national crude output, which nearly tripled to 13.2 million bpd over the same period. The driver? An explosion of activity