U.S. ethane consumption and exports continue to grow (6/1/2023)
U.S. ethane exports averaged 537,000 barrels per day (b/d) in March 2023, an all-time high since the United States began exporting ethane nearly a dec…
Category: Commodities
U.S. gasoline prices are down from 2022 prices heading into Memorial Day weekend (5/24/2023)
The American Automobile Association (AAA) expects 6% more Memorial Day weekend road trips in 2023 than in 2022 as the average U.S. retail price for re…
In 2021, Algeria produced record amounts of natural gas
In 2021, more natural gas was produced in Algeria than in any year since record-keeping began in 1980, according to the data in our recently updated C…
EIA revises estimate of drilled and completed wells in the Permian region (5/17/2023)
In our monthly Drilling Productivity Report (DPR), we estimate the number of wells in seven major U.S. oil and natural gas producing regions across th…
Crude oil prices revised down in the May Short-Term Energy Outlook (5/10/2023)
We revised down our crude oil price forecast in the May Short-Term Energy Outlook (STEO) because of rapid declines in the price of crude oil at the en…