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EIA: record US natural gas demand this winter led to largest storage withdrawal in four years

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Net withdrawals of natural gas from US storage totaled 2,264 billion cubic feet (Bcf) this winter (November 2021 through March 2022). During the heating season, natural gas must be drawn from storage to meet this excess of demand over supply. On average, demand for natural gas in the United States exceeded supply by 14.9

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EIA: US natural gas consumption set nine monthly records and an annual record in 2022

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In 2022, US natural gas consumption averaged a record 88.5 billion cubic feet per day (Bcf/d)—the highest annual natural gas consumption, according to records beginning in 1949, according to the US Energy Information Administration (EIA). US natural gas consumption last year increased 5% (4.5

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EIA: Global trade in liquefied natural gas grew by 4.5% in 2021

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billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) was traded globally during 2021, an increase of 2.2 Bcf/d (4.5%) from 2020, according to The LNG Industry GIIGNL Annual Report 2022 by the International Group of Liquefied Natural Gas Importers ( GIIGNL ). Bcf/d in the United States, 2.2 An average of 49.0

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EIA: California drought will decrease hydropower, increase natural gas use and CO2 emissions

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The extended drought in California could cut the state’s summer electricity generation from hydropower nearly in half compared with normal precipitation conditions, according to an analysis by the US Energy Information Administration (EIA). Figure 2 data source: US Energy Information Administration, Electric Power Monthly.

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Ford, U Mich study finds greater greenhouse gas reductions for pickup truck electrification than for other light-duty vehicles

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Researchers at the University of Michigan and Ford Motor Company have conducted a cradle-to-grave life cycle GHG assessment of model year 2020 ICEV, HEV, and BEV sedans, sports utility vehicles (SUVs), and pickup trucks in the United States. —Woody et al. This is an important study to inform and encourage climate action.

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Rising gas prices influence Tesla and electric car purchases: survey

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There are numerous factors to consider when one is looking to purchase an electric car. As the results of a March 2021 survey shows, rising gas prices are also an apparent factor for consumers when they are deciding to purchase an electric vehicle. . this week , the highest since 2014. . Credit:CarGurus.

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EIA expects significant increases in US wholesale electricity prices this summer

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The US Energy Information Administration (EIA) forecasts that prices in US wholesale electricity markets this summer will significantly increase over last summer’s prices. EIA forecasts summer electricity prices will average $98/MWh in California’s CAISO market and $90/MWh in the ERCOT market in Texas. MMBtu in May 2021.

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