The U.S. 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. According to EIA’s November Short-Term Energy Outlook (STEO), diesel prices will remain higher than $5 per gallon the remainder of the year, and bills
The U.S. Energy Information Administration will publish its November Short-Term Energy Outlook (STEO) in an updated format. The STEO will still include the same energy sector forecasts and analyses as before, but with a new layout we believe will better highlight the most critical aspects of our monthly forecast.
The U.S. Energy Information Administration (EIA) expects most U.S. households will pay more to heat their homes this winter. In its 2022 Winter Fuels Outlook, EIA forecasts higher U.S. residential energy prices compared with last winter, as well as higher consumption of heating fuels during what is forecast to be a slightly colder winter than
The U.S. Energy Information Administration (EIA) will host the 2022-2023 Winter Energy Outlook webinar on Thursday, October 13, 2022, at 10:00 a.m. eastern time.
EIA expects volatile natural gas prices this winter because of uncertainty about weather
After extreme cold in February led to lower-than-average natural gas storage levels in the United States through the summer, concerns about winter weather are contributing to volatile natural gas prices as the winter heating season begins. In its November Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) estimates that U.S. natural gas storage levels had built to within 3% of the previous five-year average at the end of October.