At 38%, natural gas accounted for largest portion of U.S. energy production in 2024, as the country set another record to meet a growing demand for electricity.

The U.S. generated more than 103 quadrillion Btus in 2024, a 1% increase over 2023, according to the U.S. Energy Information Administration (EIA) report on June 9.

The EIA uses British thermal units (Btus) in the report to compare different types of energy production that are usually not comparable, such as crude oil with wind energy.

Thanks to cheap natural gas, much of the midstream sector has focused on NGL production for revenue. The sector set a production record in 2024 and accounted for 9% of energy production, higher than renewable sources.

NGLs vs. Renewables Chart
(Source: U.S. Energy Information Administration)

Domestic crude took up 27% as the U.S. averaged record production levels of 13.2 MMbbl/d during the year. Most of the growth was based in the Permian Basin, according to the EIA.

Biofuels, wind and solar set records, totaling 8.8 quadrillion Btus for the year. Solar output grew by 25% and wind grew by 8%, faster than any other sector. 

Coal accounted for 10% of energy production. The output for the year was the lowest since 1964.

Energy Production by product
(Source: U.S. Energy Information Administration)
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