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The latest news on Energy from the US Energy information administration
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EIA projects that trends in coal production in the United States could range from flat to continuing declines through 2040. Electric power generation accounts for more than 92% of U.S. coal demand, and domestic coal production has declined significantly over the past decade as coal has been displaced by natural gas and renewables in electric generation.
Posted: June 26, 2017, 1:00 pm
Production of U.S. uranium concentrate decreased 40% between 2014 and 2016 to 2.9 million pounds U3O8 in 2016, the lowest annual total since 2005. Uranium production has been affected by falling uranium prices, with spot prices falling from $34 per pound (lb) in January 2016 to $18/lb in November, the lowest uranium spot price since May 2004.
Posted: June 23, 2017, 1:00 pm
According to the U.S. Geological Survey (USGS), the number of earthquakes east of the Rocky Mountains has increased dramatically since 2009. More earthquakes in these areas have coincided with the increase in oil and natural gas production from shale formations.
Posted: June 22, 2017, 1:00 pm
The difference between U.S. average retail prices for premium and regular gasoline reached 50 cents per gallon in late 2016, and it has remained near that level so far in 2017. This price difference, or spread, has been generally increasing since 2000. Many factors on both the supply and demand sides are influencing this trend.
Posted: June 21, 2017, 1:00 pm
Gross inputs to U.S. petroleum refineries, also referred to as refinery runs, averaged a record high 17.7 million barrels per day (b/d) for the week ending May 26, before dropping slightly to 17.5 million b/d for the week ending June 2 and 17.6 million b/d for the week ending June 9. Product supplied to the U.S. market as well as inventories and exports are also at relatively high levels.
Posted: June 20, 2017, 1:00 pm
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