Green Car Congress
JANUARY 26, 2023
In its January 2023 Short-Term Energy Outlook , the US Energy Information Administration (EIA) forecasts that crude oil production in the United States will average 12.4 In 2022, US crude oil production averaged an estimated 11.9 The forecast of crude oil production in the Permian increases by 470,000 b/d to average 5.7
Green Car Congress
JANUARY 31, 2023
Proved reserves of natural gas in the United States grew to a new record of 625.4 trillion cubic feet (Tcf) in 2021, a 32% increase from 2020, according to the US Energy Information Administration’s (EIA’s) recently released Proved Reserves of Crude Oil and Natural Gas in the United States, Year-End 2021 report.
Green Car Congress
DECEMBER 31, 2022
In 2021, proved reserves of natural gas set a new record in the United States, and proved reserves of crude oil and lease condensate increased, but not quite to pre-pandemic levels, according to the US Energy Information Administration (EIA). per million British thermal units (MMBtu) in 2020 to $3.67/MMBtu
Green Car Congress
AUGUST 8, 2022
The US Department of Energy (DOE) announced up to $32 million in funding ( DE-FOA-0002616 ) toward the research and development of new monitoring, measurement, and mitigation technologies to help detect, quantify, and reduce methane emissions across oil and natural gas producing regions of the United States.
Green Car Congress
NOVEMBER 27, 2022
Purchase and importation into Venezuela of goods or inputs related to the activities described in this general license, including diluents, condensates, petroleum, or natural gas products. from receiving profits from the oil sales by Chevron. Chevron also operates and holds a 60% interest in the Loran gas field offshore Venezuela.
Green Car Congress
NOVEMBER 3, 2021
The US Environmental Protection Agency (EPA) is proposing comprehensive new regulations to reduce methane emissions from the oil and natural gas industry—including, for the first time, reductions from existing sources nationwide. Source: EPA. billion a year.
Green Car Congress
MAY 11, 2022
The US Energy Information Administration (EIA) forecasts that US crude oil production will average 11.9 Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). million barrels per day this year and 12.8
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