EIA Reports CO2 Emissions Slip in August 2025 A new update from the U.S. Energy Information Administration (EIA) shows a slight decline in carbon dioxide (CO2) emissions tied to U.S. energy consumption. The agency released the data in its Monthly Energy Review (MER), offering preliminary estimates for August 2025. CO2 Emissions Dip as Energy Use …
Tag: EIA
Energy briefs DOE,COP30 ends, Rosneft
** A DOE official says the federal government plans to buy and own as many as 10 large nuclear reactors, which it could pay for in part with $550 billion in promised investment from Japan. ** The Trump administration has ordered the J.H. Campbell coal-fired power plant in Michigan to stay open for the next …
Oil, gas and OK energy stocks closed down Thursday
Oil Prices Drop Again as Russian Sanctions Bite Crude oil prices dropped again on Thursday as markets reacted to new U.S. sanctions imposed on major Russian oil firms Rosneft and Lukoil. According to analysts, the sanctions were already having their intended effect, and the resulting disruption pushed Russian oil prices sharply lower. The decline added …
EIA: Natural Gas Prices to Rise 37% by End of 2025
U.S. Utilities Face Sharp Increase in Natural Gas Costs A new report from the U.S. Energy Information Administration (EIA) projects that natural gas prices for utilities will rise by 37% by the end of 2025, driven by surging wholesale market costs. While consumers are expected to feel the impact, the cost increase for end users …
Slight gain made by crude oil prices
Oil Markets Show Modest Recovery After $2 Decline Crude oil prices posted a slight rebound Thursday following the $2-per-barrel drop on Wednesday, as investors weighed ongoing concerns about global oversupply. Despite Thursday’s uptick, traders remained cautious after the Energy Information Administration (EIA) reported a larger-than-expected increase in U.S. crude inventories, offsetting optimism for a broader …
EIA data shows new wells offset declines in Lower 48
Data source: Enverus Note: Well vintage is the year a well first begins producing crude oil or natural gas EIA report: new wells offset steep decline rates As U.S. crude oil and natural gas production have increased, so has the volume of production declines from existing wells.Additionally, steep decline curves continue to reshape capital allocation across unconventional basins. …
U.S. Oil Stocks Drop While Cushing Storage Rises
Crude Oil Stocks Fall Nearly Seven Million Barrels The U.S. government reported a nearly 7 million-barrel drop in crude oil stocks nationwide, marking a notable weekly decline in reserves. The U.S. Energy Information Administration (EIA) said the amount of crude oil in storage fell 6.8 million barrels over the past week — declining from 422.8 …