EIA’s Short-Term Energy Outlook forecasts the typical U.S. household will spend an average of $426 for electricity this summer (June-August), an increase of about 3% from the average summer expenditures in 2017. The expected increase in electricity bills is a result of forecast higher retail electricity prices and slightly higher projected electricity use to meet […]
Tag Archives: increase
July 29, 2015 Source: U.S. Energy Information Administration, based on Bentek Energy and industry reports Reversing a decline that lasted more than a decade, industrial natural gas consumption has grown steadily since 2009 as relatively low natural gas prices have supported use of natural gas as a feedstock for the production of , a 24% […]
July 8, 2015 Source: U.S. Energy Information Administration, Petroleum Supply Monthly Over the past decade, domestic refinery output of petroleum products has grown significantly while consumption has declined, resulting in a major increase in product exports. Petroleum product exports averaged 4.1 million barrels per day (b/d) in the first four months of the year, an […]
If Eskom’s tariff increase is approved, it would be a catastrophe for the consumer and would see millions more plunged into debt followed by a slew of bankruptcies for businesses and private individuals, according to a debt expert. The National Energy Regulator (Nersa) said on Wednesday that they would announce their decision as to whether […]
May 15, 2015 Source: U.S. Energy Information Administration, Annual Energy Outlook 2015 Although U.S. carbon dioxide (CO2) emissions associated with electricity generation have fallen from the 2005 level, they are projected to increase in the coming decades, based on analysis in EIA’s (AEO2015) that reflects current laws and regulations, and therefore does not include proposed […]
April 20, 2015 Source: U.S. Energy Information Administration, For the second year in a row, energy-related carbon dioxide (CO2) emissions in the United States have increased. However, unlike 2013, when emissions and gross domestic product (GDP) grew at similar rates (2.5% and 2.2%, respectively), 2014’s CO2 emissions growth rate of 0.7% was much smaller than […]
March 5, 2015 Source: U.S. Energy Information Administration U.S. exports of noncrude petroleum products from the United States averaged a record 3.8 million barrels per day (bbl/d) in 2014, an increase of 347,000 bbl/d from 2013, based on data from EIA’s . In particular, exports of motor gasoline, propane, and butane increased, offsetting a decrease […]
February 3, 2015 Source: U.S. Energy Information Administration, EIA conducts a survey of gasoline prices each Monday, and yesterday’s survey showed the U.S. average regular retail gasoline price increasing for the first time in 18 weeks. The national price averaged $ 2.07/gallon on Monday, up 2.4 cents from a week earlier. The steady decline in […]
January 12, 2015 Source: U.S. Energy Information Administration, based on SNL Energy Wholesale on-peak electricity prices were up at trading hubs across the nation between 2013 and 2014, driven largely by increases in spot natural gas prices and high energy demand caused by cold weather in the beginning of the year. Electricity prices were highest […]
December 18, 2014 Source: U.S. Energy Information Administration, Forms EIA860A and EIA860M Note: Data include facilities with a net summer capacity of 1 MW and above only. Data are reported as of November 25, 2014, covering through September of 2014. Data are based the reported online dates of currently operational or planned wind generation facilities. […]
October 22, 2014 Source: U.S. Energy Information Administration, Annual CO2 Analysis; Census Bureau; Bureau of Economic AnalysisNote: Growth rates reflect annual changes. U.S. energy-related carbon dioxide (CO2) emissions increased in 2013 by 129 million metric tons (2.5%), the largest increase since 2010 and the fourth-largest increase since 1990. Emissions trends reflect a combination of economic […]
September 26, 2014 Source: U.S. Energy Information AdministrationNote: TEFC is a totally enclosed, fan-cooled motor. EISA is the Energy Independence and Security Act of 2007. EPAct is the Energy Policy Act of 1992. Nearly half of the electricity consumed in the established this year by the U.S. Department of Energy (DOE) for electric motors will […]
September 23, 2014 Source: U.S. Energy Information Administration, Thomson Reuters Increasing production of crude oil in the Permian Basin in western Texas, and has been increasing for almost a year, recent refinery outages in the region caused it to widen substantially. Several infrastructure projects that will allow more crude to flow from the Permian to […]
August 28, 2014 Source: U.S. Energy Information Administration, based on Association of American RailroadsNote: Values in graph represent monthly averages of weekly rail carloadings. The amount of crude oil and refined petroleum products moved by U.S. railroads increased 9% during the first seven months of this year compared with the same period in 2013. In […]
August 26, 2014 Source: U.S. Energy Information Administration, based on Federal Energy Regulatory Commission Financial Reports, as accessed by Ventyx Velocity Suite There has been a five-fold increase in new electricity transmission investment in the United States by major investors and privately owned companies during the 15 years from 1997 to 2012. The investment increased […]
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