Tag Archives: lowest

U.S. net energy imports in 2017 fall to their lowest levels since 1982

Total net energy imports to the United States fell to 7.3 quadrillion British thermal units (quads) in 2017, a 35% decrease from 2016 and the lowest level since 1982, when both gross imports and gross exports were much lower.

Gasoline prices in week before Labor Day lowest in 11 years

September 4, 2015 Source: U.S. Energy Information Administration, The U.S. average retail price for regular gasoline was $ 2.51/gallon (g) on August 31, the lowest price for the Monday before Labor Day since 2004, and 95¢/g lower than the same time last year. Declines in crude oil prices are the main driver behind falling U.S. […]

Summer gasoline prices are lowest in years

July 14, 2015 Source: U.S. Energy Information Administration, Short-Term Energy Outlook The average retail price for motor gasoline this summer (April through September) is expected to be $ 2.67 per gallon, the lowest price (in real dollars, meaning adjusted for inflation) since 2009, based on projections in EIA’s July (STEO). This decline is mainly the […]

Proposed Clean Power Plan rule cuts power sector CO2 emissions to lowest level since 1980s

May 26, 2015 Source: U.S. Energy Information Administration, In June 2014, the U.S. Environmental Protection Agency (EPA) proposed a rule to regulate carbon dioxide (CO2) emissions from existing power plants under section 111(d) of the Clean Air Act. EIA’s newly released analysis of the proposed rule shows power sector CO2 emissions falling to about 1,500 […]

U.S. retail gasoline prices lowest since 2009 heading into Memorial Day weekend

May 22, 2015 Source: Provided by On May 18, the U.S. average retail price for gasoline was $ 2.74 per gallon ($ /gal), or 92¢ per gallon (¢/gal) lower than at the same time last year. This is the lowest average price heading into the Memorial Day weekend—the traditional —since 2009. Lower gasoline prices reflect […]

Net imports of natural gas fall to lowest level since 1987

May 21, 2015 Source: U.S. Energy Information Administration, based on U.S. Department of Energy Office of Fossil Energy U.S. net imports of natural gas decreased 9% in 2014, continuing an eight-year decline. As U.S. dry natural gas production has reached record highs, lower domestic prices have helped to displace natural gas imports. Net natural gas […]

Energy consumption by U.S. government at lowest level since at least 1975

February 4, 2015 Source: U.S. Department of Energy, Note: Energy usage includes both civilian and military agencies. The U.S. federal government, with thousands of facilities and vehicles in locations across the United States and abroad, is one of the largest energy consumers in the world, but that consumption is declining. The U.S. Department of Energy’s […]

U.S. gasoline prices end 2014 at lowest levels since mid-May 2009

January 7, 2015 Source: U.S. Energy Information Administration, Gasoline and Diesel Fuel Update Across the country, retail prices for regular grade gasoline reached the lowest levels in four years primarily as a result of in the second half of 2014. As of December 12, the weekly retail price for regular gasoline in each city for […]

U.S. household gasoline expenditures in 2015 on track to be the lowest in 11 years

December 16, 2014 Source: U.S. Energy Information Administration, Short-Term Energy Outlook The average U.S. household is expected to spend about $ 550 less on gasoline in 2015 compared with 2014, as annual motor fuel expenditures are on track to fall to their lowest level in 11 years. Lower fuel expenditures are attributable to a combination […]

U.S. gasoline prices this Thanksgiving are the lowest since 2009

November 26, 2014 Source: Provided by GasBuddy.com U.S. retail regular-grade gasoline prices continue to decline, averaging $ 2.82 per gallon (gal) as of November 24. This average is 47 cents lower than a year ago, and the lowest price heading into a Thanksgiving holiday since 2009. Traditionally, the Thanksgiving holiday is one of the most […]

Lower demand, higher supply drive oil prices to lowest level since 2012

October 8, 2014 Source: U.S. Energy Information Administration, Bloomberg The price of North Sea Brent crude oil has fallen to around $ 91 per barrel, the lowest level in more than two years and about 21% lower than its year-to-date peak of $ 115 per barrel on June 19. Before its recent decline, average monthly […]

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