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A look back at our forecast for global crude oil prices in 2024
Today in Energy Jan 17, 2025 | 13:00 pmBenchmark Brent crude oil prices averaged $81 per barrel (b) in 2024, in line with the $82/b for the year that we had forecast in our January 2024 Short-Term Energy Outlook (STEO) and more in-depth analysis. In the January 2024[…]
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U.S. wholesale electricity prices were lower and less volatile in 2024
Today in Energy Jan 16, 2025 | 13:00 pmAverage wholesale electricity prices at major trading hubs in the Lower 48 states were lower in 2024 than in 2023. In addition, prices were much less volatile than they have been over the last few years. Lower and more stable[…]
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EIA extends five key energy forecasts through December 2026
Today in Energy Jan 15, 2025 | 13:00 pmIn our January 2024 Short-Term Energy Outlook, which includes data and forecasts through December 2026, we forecast five key energy trends that we expect will help shape markets over the next two years.
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Natural gas vehicle fuel prices rose in 2022 and 2023 after a decade of relative stability
Today in Energy Jan 14, 2025 | 13:00 pmAfter a decade of nearly flat prices from 2011 to 2021, inflation-adjusted fuel prices for natural gas vehicles increased in 37 states from 2021 to 2023, according to new estimates in our State Energy Data System (SEDS). Real U.S. natural[…]
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The eighth U.S. liquefied natural gas export terminal, Plaquemines LNG, ships first cargo
Today in Energy Jan 13, 2025 | 13:00 pmOn December 26, 2024, Plaquemines LNG—the eighth liquefied natural gas (LNG) export terminal in the United States—shipped its first cargo after achieving first LNG production in mid-December. Plaquemines LNG is one of two U.S. LNG export terminals that started LNG[…]
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