Green Car Congress
JUNE 17, 2022
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.
Green Car Congress
AUGUST 22, 2023
Yet, the lack of established process and business models defining “green steel” make it difficult to understand what the respective H 2 price has to be in order to be competitive with commercial state-of-the-art natural gas DRI. … Hydrogen-based direct reduced iron (H 2 -DRI) is an alternative pathway for low-carbon steel production.
Green Car Congress
MAY 11, 2022
The US price of ammonia, the primary source of nitrogen fertilizer, has risen by a factor of six in the past two years, and most of these increases have occurred since March 2021, according to the US Energy Information Administration (EIA). Graph by the US Energy Information Administration, based on data from Bloomberg.
Green Car Congress
AUGUST 9, 2023
The US Energy Information Administration (EIA) expects US crude oil production to surpass 12.9 EIA expects sustained global demand for petroleum products and Saudi Arabia’s extended voluntary production cuts will contribute to oil prices rising through the year. EIA forecasts US regular gasoline prices will average about $3.63
Green Car Congress
JANUARY 13, 2022
Global oil consumption outpaced oil production for the six consecutive quarters ending with the fourth quarter of 2021 (4Q21), which has led to persistent withdrawals from global oil inventories and significant increases in crude oil prices.
Green Car Congress
NOVEMBER 10, 2021
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.
Green Car Congress
NOVEMBER 9, 2022
The US Energy Information Administration (EIA) expects that low inventories of distillate fuels, which are primarily consumed as diesel fuel and heating oil, will lead to high prices through early 2023. EIA revised its forecast because U.S. natural gas storage levels have increased more than expected as winter approaches.
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