by Laura Black | Jun 25, 2025 | Oil & Gas News
In our Annual Energy Outlook 2025 (AEO2025) Reference case, we project the electricity consumed for commercial computing will increase faster than any other end use in buildings. Computing accounted for an estimated 8% of commercial sector electricity consumption in...
by Laura Black | Jun 23, 2025 | Oil & Gas News
In 2024, about 20% of global liquefied natural gas (LNG) trade transited the Strait of Hormuz, primarily from Qatar. The strait is a critical route for oil and petroleum products as well.
by Laura Black | Jun 23, 2025 | Oil & Gas News
During summer 2025, from June through September, residential customers in the United States can expect average monthly electricity bills of $178, a slight increase from last summer’s average of $173. We expect a slight decrease in consumption, driven by cooler...
by Laura Black | Jun 20, 2025 | Oil & Gas News
The United States continued to produce more energy than it consumed in 2024. This surplus energy production helped energy exports grow to a record high 30.9 quadrillion British thermal units (quads) in 2024, up 4% from 2023. Energy imports stayed flat at 21.7 quads in...
by Laura Black | Jun 18, 2025 | Oil & Gas News
We forecast U.S. ethane exports will decrease by 80,000 barrels per day (b/d) this year and by 177,000 b/d in 2026 in our June Short-Term Energy Outlook because of new licensing requirements for U.S. exports of ethane to China. Any policy changes that relax licensing...
by Laura Black | Jun 16, 2025 | Oil & Gas News
The Strait of Hormuz, located between Oman and Iran, connects the Persian Gulf with the Gulf of Oman and the Arabian Sea. The strait is deep enough and wide enough to handle the world’s largest crude oil tankers, and it is one of the world’s most important...
