{"id":100049,"date":"2025-08-27T16:30:47","date_gmt":"2025-08-27T16:30:47","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/100049\/"},"modified":"2025-08-27T16:30:47","modified_gmt":"2025-08-27T16:30:47","slug":"today-in-energy-u-s-energy-information-administration-eia-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/100049\/","title":{"rendered":"Today in Energy &#8211; U.S. Energy Information Administration (EIA)"},"content":{"rendered":"<p>\t\t\t\t\t\t\t\t\t\t&#13;<br \/>\n\t\t\t\t\t\tFilter by article type:&#13;<\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t&#13;<br \/>\n\t\t\t\t\t\t\tIn-brief analysis&#13;\n\t\t\t\t\t\t<\/p>\n<p>&#13;<\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t&#13;<br \/>\n\t\t\t\t\t\t\tIn-depth analysis&#13;\n\t\t\t\t\t\t<\/p>\n<p>&#13;<\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-depth analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tAug 27, 2025<\/p>\n<p data-type=\"indepth\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2025.08.27\/main.svg\" alt=\"monthly U.S. demand for selected petroleum products\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>Five years after the <a href=\"https:\/\/trumpwhitehouse.archives.gov\/presidential-actions\/proclamation-declaring-national-emergency-concerning-novel-coronavirus-disease-covid-19-outbreak\/\" rel=\"nofollow noopener\" target=\"_blank\">COVID-19 national emergency<\/a> was declared, gasoline demand, distillate demand, and jet fuel demand all remain less than pre-pandemic averages. Several factors are keeping demand, which we track as <a href=\"https:\/\/www.eia.gov\/tools\/glossary\/index.php?id=product%20supplied\" rel=\"nofollow noopener\" target=\"_blank\">product supplied<\/a>, below pre-pandemic levels. For example, increased fuel efficiency in the vehicle and aircraft fleets has offset increased travel, and demand for petroleum-based distillate fuel oil has been partially replaced by biomass-based distillate fuels.   <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=66005\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tAug 26, 2025<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2025.08.26\/main.svg\" alt=\"U.S. jet fuel consumption\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>&#13;<br \/>\nData source: U.S. Energy Information Administration, <a href=\"https:\/\/www.eia.gov\/outlooks\/steo\/\" rel=\"nofollow noopener\" target=\"_blank\">Short-Term Energy Outlook<\/a> (STEO), August 2025  <br \/>Note: Growth rates are compound annual growth rates for 2010 to 2019, 2020 to 2024, and 2024 to 2026. We use product supplied to estimate consumption.&#13;<br \/>\n&#13;<\/p>\n<p>U.S. jet fuel consumption growth has slowed in 2025, following a period of rapid consumption growth after 2020, as U.S. air travel recovered from the COVID-19 pandemic. We forecast the slowdown in jet fuel consumption growth will continue through 2026, falling below both the accelerated rate of the previous four years and the longer-term growth rate seen during the 2010s. Contributing factors include rising economic concerns weighing on flight demand and ongoing improvements in commercial aircraft fleet fuel economy.   <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=66004\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tAug 25, 2025<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2025.08.25\/main.svg\" alt=\"annual U.S. natural gas consumption by sector\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>We forecast natural gas consumption in the United States will increase 1% to set <a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=64845\" rel=\"nofollow noopener\" target=\"_blank\">a record<\/a> of 91.4 billion cubic feet per day (Bcf\/d) in 2025. In our latest <a href=\"https:\/\/www.eia.gov\/outlooks\/steo\/\" rel=\"nofollow noopener\" target=\"_blank\">Short-Term Energy Outlook<\/a>, we expect natural gas consumption to increase across all sectors except for electric power, which had been the source of most natural gas consumption growth in the previous decade.   <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=65984\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tAug 21, 2025<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2025.08.21\/main.svg\" alt=\"U.S. per capita energy expenditures by source in selected states\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p><a href=\"https:\/\/www.eia.gov\/beta\/states\/states\/ak\/analysis\" rel=\"nofollow noopener\" target=\"_blank\">Alaska<\/a> has the highest per capita energy expenditures of any state at $12,100, according to our recently published <a href=\"https:\/\/www.eia.gov\/state\/seds\/seds-data-complete.php?sid=US\" rel=\"nofollow noopener\" target=\"_blank\">State Energy Data System<\/a> information for 2023. <a href=\"https:\/\/www.eia.gov\/beta\/states\/states\/wy\/analysis\" rel=\"nofollow noopener\" target=\"_blank\">Wyoming<\/a> and <a href=\"https:\/\/www.eia.gov\/beta\/states\/states\/nd\/analysis\" rel=\"nofollow noopener\" target=\"_blank\">North Dakota<\/a> spent the next most on energy at $10,100 and $9,300 per capita, respectively. All three states spent twice as much as the national average of $4,700. <a href=\"https:\/\/www.eia.gov\/beta\/states\/states\/fl\/analysis\" rel=\"nofollow noopener\" target=\"_blank\">Florida<\/a> had the lowest per capita energy expenditures at $3,700, followed by <a href=\"https:\/\/www.eia.gov\/beta\/states\/states\/ny\/analysis\" rel=\"nofollow noopener\" target=\"_blank\">New York<\/a> and <a href=\"https:\/\/www.eia.gov\/beta\/states\/states\/md\/analysis\" rel=\"nofollow noopener\" target=\"_blank\">Maryland<\/a> at $3,800 each.   <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=65965\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>Tags: &#13;<br \/>\n\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg=Alaska\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">Alaska<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= states\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">states<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= Florida\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">Florida<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= prices\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">prices<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= Wyoming\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">Wyoming<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= North Dakota\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">North Dakota<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= New York\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">New York<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= electricity\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">electricity<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= natural gas\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">natural gas<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= gasoline\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">gasoline<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= liquid fuels\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">liquid fuels<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= distillate fuel\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">distillate fuel<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= jet fuel\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">jet fuel<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= petroleum products\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">petroleum products<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= oil\/petroleum\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">oil\/petroleum<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= industrial\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">industrial<\/a>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tAug 20, 2025<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2025.08.20\/main.svg\" alt=\"cumulative utility-scale electric generating capacity additions\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>Developers added 12 gigawatts (GW) of new utility-scale solar electric generating capacity in the United States during the first half of 2025, and they plan to add another 21 GW in the second half of the year, according to our latest <a href=\"https:\/\/www.eia.gov\/electricity\/data\/eia860m\/\" rel=\"nofollow noopener\" target=\"_blank\">survey of electric generating capacity changes<\/a>. If those plans are realized, solar would account for more than half of the 64 GW that developers plan to bring online this year. Battery storage, wind, and natural gas power plants account for virtually all of the remaining capacity additions for 2025.   <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=65964\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tAug 18, 2025<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2025.08.18\/main.svg\" alt=\"monthly U.S. working natural gas inventories\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>In our latest <a href=\"https:\/\/www.eia.gov\/outlooks\/steo\/\" rel=\"nofollow noopener\" target=\"_blank\">Short-Term Energy Outlook<\/a>, we forecast U.S. working natural gas inventories will reach 3,872 billion cubic feet (Bcf) by the end of October, or 2% more than the previous five-year average for that time of year. Natural gas inventories grew quickly in late April through early June, with seven consecutive weeks of net injections to inventories exceeding 100 Bcf each for the first time since 2014.  <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=65944\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tAug 13, 2025<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2025.08.13\/main.svg\" alt=\"Puerto Rico average duration of annual electricity interruptions\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>Even without accounting for electricity interruptions resulting from major events such as hurricanes, customers in Puerto Rico experienced on average 27 hours of power grid interruptions per year between 2021 and 2024. By comparison, electricity customers in the mainland United States generally experience <a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=61303\" rel=\"nofollow noopener\" target=\"_blank\">about two hours<\/a> of electricity interruptions per year without major events. <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=65925\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tAug 12, 2025<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2025.08.12\/main.svg\" alt=\"U.S. primary energy production and exports\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>In 2024, the United States <a href=\"https:\/\/www.eia.gov\/totalenergy\/data\/browser\/index.php?tbl=T01.04B#\/?f=A\" rel=\"nofollow noopener\" target=\"_blank\">exported<\/a> about 30% of its domestic primary energy <a href=\"https:\/\/www.eia.gov\/totalenergy\/data\/browser\/index.php?tbl=T01.02#\/?f=A&amp;start=1949&amp;end=2024&amp;charted=14\" rel=\"nofollow noopener\" target=\"_blank\">production<\/a>. This percentage has grown considerably in recent decades, according to data in our <a href=\"https:\/\/www.eia.gov\/totalenergy\/data\/monthly\/\" rel=\"nofollow noopener\" target=\"_blank\">Monthly Energy Review<\/a>. Nearly all of the exports were fossil fuels destined for other countries in North America, Europe, or Asia. <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=65924\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>Tags: &#13;<br \/>\n\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg=exports\/imports\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">exports\/imports<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= production\/supply\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">production\/supply<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= international\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">international<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= crude oil\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">crude oil<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= oil\/petroleum\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">oil\/petroleum<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= liquid fuels\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">liquid fuels<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= natural gas\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">natural gas<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= coal\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">coal<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= Europe\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">Europe<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= Mexico\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">Mexico<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= Canada\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">Canada<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= India\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">India<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= China\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">China<\/a>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tAug 11, 2025<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2025.08.11\/main.svg\" alt=\"global nuclear energy capacity and number of reactors\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>Five countries account for more than two-thirds of the world\u2019s total nuclear electricity generation capacity. The United States has the most capacity, followed by France, China, Russia, and South Korea, based on <a href=\"https:\/\/pris.iaea.org\/PRIS\/home.aspx\" rel=\"nofollow noopener\" target=\"_blank\">International Atomic Energy Agency<\/a> (IAEA) data as of June 2025. Globally, 416 nuclear power reactors are operating in 31 countries, with a total installed <a href=\"https:\/\/www.energy.gov\/ne\/articles\/what-generation-capacity\" rel=\"nofollow noopener\" target=\"_blank\">net generating capacity<\/a> of 376 gigawatts (GW). <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=65904\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tAug 7, 2025<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2025.08.07\/main.svg\" alt=\"crude oil and condensate exports from Russia\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>&#13;<br \/>\nData source: U.S. Energy Information Administration analysis based on Global Trade Tracker, Argus, and Vortexa<br \/>Note: Data for 2025 are preliminary. 1H25=first half of 2025. <a href=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2025.08.07\/fig1.xlsx\" title=\"\" class=\"ico xls\" style=\"font-size: 80%;\" rel=\"nofollow noopener\" target=\"_blank\">figure data<\/a>&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p>From 2020 to 2024, crude oil and condensate exports from Russia averaged 5.0 million barrels per day (b\/d). <a href=\"https:\/\/www.eia.gov\/international\/overview\/country\/RUS\" rel=\"nofollow noopener\" target=\"_blank\">Exports from Russia<\/a> in the first half of 2025 (1H25) were 4.3 million b\/d (compared with 4.8 million b\/d in 2024). Even as crude oil export volumes from Russia have remained relatively high, the destination of these exports has shifted, mainly due to <a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=62044\" rel=\"nofollow noopener\" target=\"_blank\">sanctions related<\/a> to Russia\u2019s full-scale invasion of Ukraine in February 2022. <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=65885\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tAug 6, 2025<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2025.08.06\/main.svg\" alt=\"daily Brent crude oil price and refinery margins\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\nData source: CME Group, Bloomberg L.P.<br \/>Note: Refinery margin is calculated as the 3-2-1 crack spread on the U.S. Atlantic Coast, which represents the price of two barrels of gasoline and one barrel of distillate fuel oil minus three barrels of Brent crude oil. 2Q25=second quarter of 2025&#13;<br \/>\n&#13;<br \/>\n&#13;\n<\/p>\n<p>Energy prices\u2014along with other globally traded commodities, equities, and currencies\u2014were more volatile in the second quarter of 2025 (2Q25) amid significant uncertainty from concerns over economic growth as well as geopolitical tensions in the Middle East. The geopolitical uncertainty has affected crude oil prices and refinery margins, and shifting government policies have affected biofuel compliance credit prices. <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=65884\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tAug 5, 2025<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2025.08.05\/main.svg\" alt=\"hourly electricity demand for the lower 48 states from July 20 to August 3, 2025\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\nData source: U.S. Energy Information Administration, Form EIA-930, Hourly and Daily Balancing Authority Operations Report&#13;<br \/>\n&#13;\n<\/p>\n<p>Electricity demand in the Lower 48 states exceeded previous peaks on two days in the last week of July.  <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=65864\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tAug 4, 2025<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2025.08.04\/main.svg\" alt=\"total hydrogen supplied to market and hydrogen produced via steam methane reforming\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>In our recently published <a href=\"https:\/\/www.eia.gov\/outlooks\/aeo\/\" rel=\"nofollow noopener\" target=\"_blank\">Annual Energy Outlook 2025<\/a> (AEO2025), we introduced our new Hydrogen Market Module (HMM), which allows us to model the market for hydrogen in the coming decades.  <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=65845\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tJul 31, 2025<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2025.07.31\/main.svg\" alt=\"forecast change in U.S. electricity sales to ultimate customers\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>In our most recent <a href=\"https:\/\/www.eia.gov\/outlooks\/steo\/\" rel=\"nofollow noopener\" target=\"_blank\">Short-Term Energy Outlook<\/a> (STEO), we forecast nationwide U.S. retail electricity sales to ultimate customers will grow at an annual rate of 2.2% in both 2025 and 2026, compared with average growth of 0.8% between 2020 and 2024. The forecast reflects rapid electricity demand growth in Texas and several mid-Atlantic states, where the grid is managed by the Electric Reliability Council of Texas (ERCOT) and the PJM Interconnection, respectively. We expect electricity demand in ERCOT to grow at an average rate of 11% in 2025 and 2026 while the PJM region grows by 4%.  <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=65844\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\tIn-brief analysis\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t\tJul 30, 2025<\/p>\n<p>This TIE was updated on August 4 to clarify language.<\/p>\n<p data-type=\"inbrief\">&#13;<br \/>\n&#13;<br \/>\n<img decoding=\"async\" src=\"https:\/\/www.eia.gov\/todayinenergy\/images\/2025.07.30\/main.svg\" alt=\"annual value of selected energy trade between the United States and Canada\"\/> &#13;<br \/>\n&#13;\n<\/p>\n<p>&#13;<br \/>\nData source: Standard International Trade Classification data published by the <a href=\"https:\/\/www.census.gov\/foreign-trade\/statistics\/historical\/sitc.html\" rel=\"nofollow noopener\" target=\"_blank\">U.S. Census Bureau<\/a><br \/>Note:  Prices are adjusted for inflation.&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p>The value of energy trade between the United States and Canada remained steady in 2024 at an estimated $151 billion compared with $154 billion in 2023, according to data from the <a href=\"https:\/\/www.census.gov\/foreign-trade\/statistics\/historical\/sitc.html\" rel=\"nofollow noopener\" target=\"_blank\">U.S. Census Bureau<\/a>. Energy trade value is the total value of energy imports and exports between two countries and is driven by commodity volumes and prices. Most of the U.S.-Canada trade value is U.S. energy imports from Canada\u2014$124 billion in 2024\u2014rather than from U.S. energy exports to Canada, which totaled $27 billion last year.   <\/p>\n<p>\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/detail.php?id=65825\" class=\"link-button\" rel=\"nofollow noopener\" target=\"_blank\">Read More \u203a<\/a><\/p>\n<p>Tags: &#13;<br \/>\n\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg=prices\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">prices<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= international\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">international<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= electricity\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">electricity<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= natural gas\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">natural gas<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= exports\/imports\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">exports\/imports<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= United States\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">United States<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= liquid fuels\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">liquid fuels<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= Canada\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">Canada<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= crude oil\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">crude oil<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= oil\/petroleum\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">oil\/petroleum<\/a>, <a href=\"https:\/\/www.eia.gov\/todayinenergy\/index.php?tg= petroleum products\" class=\"title_case\" rel=\"nofollow noopener\" target=\"_blank\">petroleum products<\/a>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"&#13; Filter by article type:&#13; &#13; &#13; In-brief analysis&#13; &#13; &#13; &#13; In-depth analysis&#13; &#13; &#13; In-depth analysis&hellip;\n","protected":false},"author":2,"featured_media":100050,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-100049","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/100049","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=100049"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/100049\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/100050"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=100049"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=100049"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=100049"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}