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U.S. EIA Extends 5 Key Energy Forecasts through December 2026

January 17, 2025 admin 0 Comments clean power, Fossil Fuels, lng, market research, Oil, research, Solar energy, us oil, us solar, us solar power, wind energy

Credit to Author: US Energy Information Administration| Date: Thu, 16 Jan 2025 04:44:57 +0000

In our January 2024 Short-Term Energy Outlook, which includes data and forecasts through December 2026, we forecast five key energy trends that we expect will help shape markets over the next two years. Electricity consumption will start growing, driven by new demand sources After almost two decades of relatively little … [continued]

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China’s EV Export Era Is A Bigger Geopolitical Move Than We Normally Acknowledge

January 14, 2025 admin 0 Comments byd, China, clean transport, electric cars, Electric vehicles, Fossil Fuels, Oil, policy & politics, US, us oil

Credit to Author: Zachary Shahan| Date: Tue, 14 Jan 2025 04:58:34 +0000

It’s clear to anyone following the global EV market — the Chinese EV market is much bigger than any other EV market (it accounts for about 50% of the global EV market all by itself), Chinese EV producers now absolutely dominate their home market, and some of those Chinese EV … [continued]

The post China’s EV Export Era Is A Bigger Geopolitical Move Than We Normally Acknowledge appeared first on CleanTechnica.

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Oil Consumption Growth Trends in China, India, & USA — Is 2025 Forecast Accurate?

December 23, 2024 admin China, clean transport, Electric vehicles, energy information administration (eia), Fossil Fuels, India, market research, middle east, Oil, oil consumption, research, US, us oil

Credit to Author: Zachary Shahan| Date: Thu, 19 Dec 2024 18:06:31 +0000

The US Energy Information Administration put out an interesting article today. The headline focused on growth of oil consumption in India compared to China — “India to surpass China as the top source of global oil consumption growth in 2024 and 2025.” I sat looking at the chart for several … [continued]

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How Energy Sources Have Changed Throughout U.S. History

July 6, 2024 admin clean power, Coal, Fossil Fuels, market research, natural gas, Oil, research, Solar energy, us coal, us natural gas, us oil, us renewable energy, us solar energy, us wind energy, wind energy

Credit to Author: US Energy Information Administration| Date: Wed, 03 Jul 2024 19:29:30 +0000

In 2023, 94 quadrillion British thermal units (quads) was consumed in the United States, a 1% decrease from 2022, according to our Monthly Energy Review. Fossil fuels—petroleum, natural gas, and coal—accounted for nearly 83% of total U.S. energy consumption in 2023. Nonfossil fuel energy—from renewable sources and from nuclear—accounted for the … [continued]

The post How Energy Sources Have Changed Throughout U.S. History appeared first on CleanTechnica.

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Bad News: Record Oil Imports into China in 2023

April 19, 2024 admin Angola, Brazil, China, clean transport, Congo, crude oil, Electric vehicles, Fossil Fuels, Iraq, Kuwait, Malaysia, Norway, Oil, Oman, qatar, research, Russia, Saudi Arabia, UAE, us oil, usa

Credit to Author: Zachary Shahan| Date: Tue, 16 Apr 2024 23:31:19 +0000

China is well known as the world’s leading electric vehicle (EV) market. More than half of the world’s EV sales have occurred there in recent years. It is a standard of the rapid, uplifting EV revolution. In 2023, 25% of auto sales in China were sales of full electric vehicles. … [continued]

The post Bad News: Record Oil Imports into China in 2023 appeared first on CleanTechnica.

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U.S. Crude Oil Exports Reached a Record in 2023

March 23, 2024 admin crude oil, Fossil Fuels, Oil, oil exports, us oil

Credit to Author: US Energy Information Administration| Date: Thu, 21 Mar 2024 03:22:41 +0000

U.S. crude oil exports established a record in 2023, averaging 4.1 million barrels per day (b/d), 13% (482,000 b/d) more than the previous annual record set in 2022. Except for 2021, U.S. crude oil exports have increased every year since 2015, when the U.S. ban on most crude oil exports was … [continued]

The post U.S. Crude Oil Exports Reached a Record in 2023 appeared first on CleanTechnica.

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4 Countries Could Account for Most Near-Term Petroleum Liquids Supply Growth

March 23, 2024 admin Brazil, Canada, Fossil Fuels, guyana, Oil, oil production, opec, US, us oil

Credit to Author: US Energy Information Administration| Date: Thu, 21 Mar 2024 03:00:47 +0000

In 2023, the world produced an estimated 101.8 million barrels per day (b/d) of petroleum and other liquids: mostly crude oil but also lease condensate, natural gas liquids, biofuels, and other liquids from hydrocarbon sources. We expect the global petroleum and other liquids supply to increase by about 0.4 million … [continued]

The post 4 Countries Could Account for Most Near-Term Petroleum Liquids Supply Growth appeared first on CleanTechnica.

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United States Produces More Crude Oil Than Any Country, Ever

March 14, 2024 admin Canada, canada oil, energy information administration (eia), Fossil Fuels, Oil, Russia, russia oil, Saudi Arabia, saudi aramco, US, us oil

Credit to Author: US Energy Information Administration| Date: Tue, 12 Mar 2024 03:16:32 +0000

The United States produced more crude oil than any nation at any time, according to our International Energy Statistics, for the past six years in a row. Crude oil production in the United States, including condensate, averaged 12.9 million barrels per day (b/d) in 2023, breaking the previous U.S. and global … [continued]

The post United States Produces More Crude Oil Than Any Country, Ever appeared first on CleanTechnica.

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More Productive Wells Spur U.S. Crude Oil Production Higher

March 10, 2024 admin Fossil Fuels, Oil, oil production, US, us oil

Credit to Author: US Energy Information Administration| Date: Thu, 07 Mar 2024 13:02:49 +0000

U.S. crude oil production averaged 13.3 million barrels per day (b/d) in December 2023, following sustained productivity increases at new … [continued]

The post More Productive Wells Spur U.S. Crude Oil Production Higher appeared first on CleanTechnica.

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In 2021, the Value of Energy Trade Between the U.S. & Mexico Reached a 9-Year High

May 6, 2022 admin Fossil Fuels, market research, Mexico, policy & politics, policy research, research, us energy exports, us energy imports, us natural gas, us oil, us petroleum

Credit to Author: U.S. Energy Information Administration| Date: Sat, 07 May 2022 03:10:37 +0000

In 2021, the value of energy trade between the United States and Mexico reached a nine-year high. This energy trade value represents the combined value of energy imports and exports between the two countries. In 2021, energy accounted for 15% of the value of all U.S. exports to Mexico. The value of U.S. energy exports […]

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