U.S. Energy Information Administration (EIA)
News
NatGas Storage Injections Slow; Market Prices Rise
The U.S. has ended seven straight weeks of triple-digit increases to its working natural gas in storage, according to the EIA.
Oil Edges Higher as Iran-Israel Conflict Enters Sixth Day
Oil prices edged higher on June 18 in a volatile session as investors weighed the chance of supply disruptions from the Iran-Israel conflict and potential direct U.S. involvement.
AI is Here—for Better or Worse—and Changing the Energy Landscape
Last year, people started talking about AI’s impact on natural gas demand. This year, it’s finally starting to take shape.
Drillers Cut Oil, Gas Rigs for 7th Week to Lowest Since 2021, Baker Hughes Says
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a seventh week in a row to the lowest since November 2021.
US Policy to Hobble Midstream Cos.' Feedstock Shipments to China
Energy Transfer and Enterprise Products Partners, two major suppliers of ethane, will bear the brunt of a policy that will cut shipments to China by a quarter in 2025 and by 50% in 2026, according to the U.S. Energy Information Administration.
EIA: US Sets Another Record for Energy Production in 2024
The midstream sector set a record in 2024 and accounted for 9% of energy production, according to the Energy Information Administration’s report.
Industry Warns of Fallout from Trump’s Anti-Clean Energy Bill
The reconciliation bill’s impact on the energy industry, including renewables, could be ‘catastrophic’ if U.S. senators pass the bill.
US Offshore Gulf Production to Rise in ‘25, ‘26—EIA
Federal offshore production in the Gulf of America is forecast to rise this year and next as several new projects start up.
VanLoh: Continued US Oil Growth at $63 is a ‘Dangerous Assumption’
The Bakken and Eagle Ford have three or four years of new-drill well inventory left at $63/bbl WTI while the Permian has between seven and 10 years, Quantum Capital Group’s Wil VanLoh said at Hart Energy’s Energy Capital Conference.
US Adds Over 100 Bcf to NatGas Storage for Sixth Straight Week
Working gas stocks remain above the five-year average, according to the EIA.
NatGas Producers Set Storage Record, EIA Says
The U.S. Energy Information Administration reported five straight weeks of triple-digit natural gas injections, with an increase of 101 Bcf most recently.
Carbon Capture Outlook Shows Signs of Brightening
Companies big and small are responding to global incentives to catch and store CO2.
Buyers Scramble for Their Slice of the Haynesville
A natural gas demand wave approaches, but there’s precious little left in the market to buy in the coveted Haynesville Shale.
Lower 48 Well Completions Doubled Since Late 2014, EIA Says
Operators have been able to accelerate production and reduce costs by completing multiple wells at once rather than sequentially, the U.S. Energy Information Administration said.
US NatGas Prices Fall 3% to 5-Month Low on Big Storage Build, Mild Weather
U.S. natural gas futures fell about 3% to a five-month low on April 24 on a bigger-than-expected weekly storage build and expectations that mild weather will keep heating and cooling demand low in coming weeks.