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 projects increases in global energy consumption and emissions through 2050
The U.S. Energy Information Administration (EIA) projects that, absent significant changes in policy or technology, world energy consumption will grow by nearly 50% between 2020 and 2050. In its International Energy Outlook 2021 (IEO2021), EIA projects that strong economic growth, particularly with developing economies in Asia, will drive global increases in energy consumption despite pandemic-related declines and long-term improvements in energy efficiency.