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 […]
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The U.S. Energy Information Administration (EIA) forecasts that drivers in the United States will pay an average of $ 2.74 per gallon (gal) this summer for regular gasoline, an increase of 11% over last summer, according to EIA’s Short-Term Energy and Summer Fuels Outlook. EIA’s forecast price for summer 2018 (which runs from April through […]
September 28, 2015 Source: U.S. Energy Information Administration, Outages at U.S. nuclear power plants were extremely low this summer (June through August), averaging 2.9 gigawatts (GW), or less than 3% of total U.S. nuclear capacity. During four days in August, outages dropped to just 0.1 GW out of a total U.S. nuclear capacity of 98.7 […]
May 14, 2015 Source: U.S. Energy Information Administration, Republished May 14, 2015, 2:00 p.m. to correct an error in the graph EIA’s most recent has occurred only once before, in April 2012, when natural gas fueled just 1.5% less generation than coal. Power generation from the two fuels is expected to rise at similar rates […]
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 […]