Lowest US petroleum consumption in decades
The EIA has reported that COVID-19 mitigation efforts have resulted in the lowest US petroleum consumption in decades.
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The EIA has released information about its two weekly reports which track retail prices for gasoline, diesel, and residential heating fuels.
The EIA has announced that it expects the US to return to being a net importer of crude oil and petroleum products as production declines.
The EIA has reported that European natural gas storage inventories are at record-high levels at the end of winter.
The EIA has reported that moves by OPEC to maintain its market share will cause global oil inventory increases and lower prices.
The EIA has projected that US biofuel production will gently increase through 2050.
The EIA has reported that less petroleum and other liquids consumed in the US is coming from refineries.
The EIA has reported that US natural gas consumption set a new record in 2019.
The EIA has reported that US crude oil production has increased but imports remain strong in order to support refinery operations.
The EIA has reported that natural gas prices have fallen to their lowest level since 2016 and the lowest February prices in 20 years.
