US Energy Information Administration news
US natural gas storage levels remain above average through injection season
The EIA's latest Short-Term Energy Outlook forecasts that US working natural gas inventories will reach 3872 billion ft3 by the end of October.
USA exported 30% of the energy it produced in 2024
The US Energy Information Administration has reported that in 2024, the US exported about 30% of its domestic primary energy production.
EIA expects the price of crude to fall by the end of 2025
The US Energy Information Administration (EIA) expects a significant decline in the price of oil as growth in the global supply of oil vastly surpasses growth in demand for petroleum products.
Petroleum prices reacted to economic and geopolitical uncertainty in 2Q25
The US EIA has reported that energy prices were more volatile in the 2Q25 amid uncertainty from concerns over economic growth as well as geopolitical tensions in the Middle East.
Eastern US natural gas increasingly meets LNG-fuelled demand growth in AEO2025
In the AEO2025, the US EIA has projected regional differences in natural gas markets that will encourage increased natural gas flows from the mid-Atlantic to the southern Gulf Coast in the coming decades.
EIA reports that natural gas price volatility fell over 1H25
The average historical volatility of the daily Henry Hub front-month futures price trended downward through 1H25, with quarterly volatility falling from a recent high of 81% in the 4Q24 to 69% by mid-2025.
US refinery maintenance leads to increased exports of crude oil
The US exported more crude oil to Nigeria than it received from Nigeria for the first time in February and March 2025, the US Energy Information Administration (EIA) reports.
EIA expects US hydrocarbon production to be supported by export growth
The US Energy Information Administration (EIA) expects that US hydrocarbon production is to be supported by export growth in long-term projections through 2030.
Refinery closures present risk for higher gasoline prices on the USA West Coast
The US Energy Information Administration (EIA) has reported that California is set to lose 17% of its oil refinery capacity over the next 12 months because of two planned refinery closures.
EIA predicts oil prices to decrease despite market uncertainty
The US Energy Information Administration (EIA) expects that Brent crude oil price will average less than US$70/bbl in 2025 and approximately US$58/bbl in 2026.