U.S. Energy Information Administration

U.S. Energy Information Administration Articles

U.S. natural gas stockpiles rose as expected last week, but remain well below year-ago and five-year average levels. Production increases are keeping prices under $3 per million BTUs.
The U.S. stockpile of crude oil dropped by 2.1 million barrels last week and the gasoline inventory fell by 1.7 million barrels. Increased exports of both contributed to both declines.
The U.S. Energy Information Administration reported Monday that crude oil production is expected to reach nearly 7.6 million barrels a day in seven major onshore shale basins. That's more than 1.5...
U.S. land-based oil drillers added seven new rigs last week, lifting the total number of rigs drilling for oil to 867. The report sent crude prices down from an intraday high well above $69, but...
The U.S. natural gas stockpile rose by 69 billion cubic feet last week but remains about 20% lower than the amount in storage at this time last year and 18% below the five-year average.
The U.S. Energy Information Administration reported Wednesday morning that U.S. commercial crude oil inventories fell by more than 5 million barrels last week. Product inventories (gasoline and...
The U.S. Energy Information Administration on Tuesday released its Short-term Energy Outlook for September. The agency sees gasoline prices averaging about $2.76 a gallon this year, but rising by...
The number of U.S. land-based rigs drilling for oil fell by two this week, but the loss was offset by a gain of two new natural gas wells. Crude oil and natural gas prices have taken a beating this...
U.S. crude oil inventories dropped by more than expected last week, but increases to gasoline and distillate inventories outweighed decline. Prices did not move much immediately following the report.
The U.S. natural gas inventory increased by about the amount expected last week, keeping a lid on the already depressed price.
The number of land-based rigs operating in the United States rose by two this week after dropping by nine last week. U.S. production continues to rise, reaching nearly 10.7 million barrels a day in...
Natural gas prices slipped a bit following Thursday morning's report on U.S. gas stockpiles. Last week's storage injection was higher than analysts had estimated.
U.S. commercial crude oil and gasoline stockpiles declined more than expected last week. Crude oil imports and exports also fell. Prices rose a bit on following the report from the U.S. Energy...
The amount of natural gas in U.S. inventories rose by 48 billion cubic feet last week but remains about 20% below last year's level and the five-year average level for this time of year.
U.S. commercial crude inventories dropped by 5.8 million barrels last week even though refineries are running nearly flat out. Prices pared their early gains, but still hold onto to an increase of...