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EIA: US average gasoline prices before Memorial Day highest since 2014

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The average retail price for regular gasoline in the United States on 24 May, the Monday before the Memorial Day weekend, was $3.02 per gallon (gal), the highest gasoline price before Memorial Day since 2014, according to the US Energy Information Administration’s (EIA’s) weekly Gasoline and Diesel Fuel Update.

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EIA expects summer US real gasoline and diesel prices to be the highest since 2014

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The US Energy Information Administration (EIA) forecasts that retail gasoline prices will average $3.84 per gallon this summer driving season—April through September—compared with last summer’s average price of $3.06/gal. EIA expects higher fuel prices this summer as a result of higher crude oil prices.

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EIA: Average US retail gasoline price exceeds $3.00 for the first time since late 2014

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Disruptions to Colonial Pipeline operations prompted an increase in the average US retail price for regular grade gasoline (retail gasoline price) to $3.03 per gallon (gal) on 17 May, the first time retail gasoline prices averaged more than $3.00/gal gal and $3.04/gal, gal and $3.04/gal, gal and $2.78/gal,

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EIA: Crude oil demand returns faster than supply, increasing prices and reducing inventories

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The price of US benchmark West Texas Intermediate (WTI) crude oil is near its highest level since 2014, increasing rapidly from low prices in mid-2020 as demand returns faster than supply, according to the US Energy Information Administration (EIA). US crude oil inventories were 440.3 million barrels by the end of June 2020.

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EIA: US crude oil exports reached record levels in 2020 and remain high in 2021

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Despite volatility in global oil markets, US crude oil exports reached a record high in 2020, according to the US Energy Information Administration (EIA). million b/d during the past three years, despite the COVID-19 pandemic, which caused significant crude oil price drops, reduced demand, and reduced production in US and global oil markets.

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Lux: Li-ion dominating grid storage market with 90% of 2014 proposals

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Li-ion accounted for 419 MW and 1,555 MWh of proposed storage systems in 2014. Driven by renewable-connected systems and demand management, grid-scale energy storage is taking off, with 450 MW and 730 MWh of systems installed in 2014. Lux Research analysts reviewed the grid storage market, along with accompanying technologies.

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DOE: US wind power capacity grew 8% in 2014 to ~66 GW, 2nd in world; meets 4.9% of end use demand; lowest prices to date

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According to the 2014 Wind Technologies Market Report released today by the US Department of Energy (DOE) and its Lawrence Berkeley National Laboratory, total installed wind power capacity in the United States grew at a rate of 8% in 2014 and now stands at nearly 66 gigawatts (GW)—ranking second in the world (to China) and meeting 4.9%

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