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Energy Information Administration

Recent Posts

EIA: October Short-Term Energy Outlook

Gasoline prices: The front-month futures price of reformulated blendstock for oxygenate blending (RBOB, the petroleum component of gasoline used in many parts of the country) declined by 14 cents per gallon (gal) from September 1 to settle at $1.61/gal on October 5 (Figure 5). The RBOB-Brent crack[…]

This article is part of Hot Topics

Winter Heating Costs likely to be Higher This Winter than Last Winter

Editor’s Note: The EIA will release its Winter Fuels Outlook today at 11:00am, giving an outlook on expected fuel prices and trends during the winter, as well as a forecast of expected cold weather. This is important for energy consumers because it affects both their natural gas demand and gives an[…]

This article is part of Weather

State Taxes on Gasoline in 2017 up 4.5% from 2016

In EIA’s latest update of state gasoline and diesel fuel taxes data, the simple average of taxes and fees on gasoline levied by the states and the District of Columbia in effect as of July 1, 2017, was 27.9 cents per gallon (¢/gal), up 4.5% from the same time last year. These taxes and fees range[…]

This article is part of Fuel Taxes

U.S. Federal Government Energy Costs at Lowest Point Since Fiscal Year 2004

Editor’s Note: From an annual standpoint, prices remain low compared to historical standards. Yesterday, the EIA shared an article on the U.S. federal government’s energy spend being its lowest since 2004. This is directly applicable to energy consuming companies, since many experienced similar[…]

This article is part of Market & News Update

Crude oil and petroleum product exports reach record levels in the first half of 2017

Crude oil exports in the first half of 2017 increased by more than 300,000 barrels per day (b/d) from the first half of 2016, a 57% increase. Petroleum product exports grew over the same period as well. Crude oil and propane exports each reached record highs of 0.9 million b/d, and distillate[…]

This article is part of Crude

Changing Quality Mix is Affecting Crude Oil Price Differentials and Refining Decisions

Growth in global liquid fuels supply since March 2017 has been driven by increases in the production of historically higher-priced light crude oils. This growth has more than offset recent declines in the production of medium and heavy crude oils. As these production trends continue, price[…]

This article is part of Market & News Update

EIA projects 28% increase in world energy use by 2040

The U.S. Energy Information Administration's latest International Energy Outlook 2017 (IEO2017) projects that world energy consumption will grow by 28% between 2015 and 2040. Most of this growth is expected to come from countries that are not in the Organization for Economic Cooperation and[…]

This article is part of Market & News Update

Hurricane Irma prompts high gasoline demand as it disrupts Florida's supply chain

Hurricane Irma has created several issues with gasoline markets in Florida, both by prompting increased demand and disrupting the supply chain needed to deliver gasoline. Hurricane Irma made landfall in South Florida on September 10 and proceeded on a northwesterly path up the length of the state.[…]

This article is part of Hurricane Weather

Short-Term Energy Outlook - September

Editor’s Note: Each month, the EIA produces a publication called the Short-Term Energy Outlook, which analyzes oil, fuel, natural gas, and power markets and gives projections into the future. Click Here to read the EIA’s full STEO report.

This article is part of Crude Gasoline Diesel

U.S. Average Retail Gasoline Prices Increase in Wake of Hurricane Harvey

U.S. retail gasoline prices on Monday, September 4, averaged $2.68 per gallon (gal), 28 cents/gal higher than prices a week ago. Supply disruptions and refinery outages caused by Hurricane Harvey continue to affect gasoline supply and prices, particularly along the U.S. East Coast and the Gulf[…]

This article is part of Market & News Update

Daily Commodity Report

COMMODITYLASTCHANGE
CRUDE$52.27▼0.35
NO.2 DSL$1.8694▼0.0192
GASOLINE$1.3796▼0.0061
NAT. GAS$3.10▲0.120
CBOT ETHANOL$1.2751▼0.0003
UPDATED01/24/19 - 8:57 a.m.

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