The head of the US Energy Information Administration Adam Sieminski spoke about a wide range of issues at an event in New York earlier this week, including the US Winter Fuels Outlook, the new drilling productivity report, the geopolitics of shale development, EIA’s International Energy Outlook, and he provided insight into the rapidly-developing technologies used… Keep reading →
The EIA’s latest Short-Term Energy and Winter Fuels Outlook finds US households heated with natural gas, propane and electricity face higher heating bills this winter. Homes in the northeast that use heating oil will pay slightly less for the fuel than last year. These price movements are primarily due to changes in underlying commodity prices,… Keep reading →
Natural gas inventories, or the volume of gas periodically injected, stored and withdrawn in various parts of the US, is a major price determinant. Storage dynamics also vary significantly by region, from production centers with ample salt cavern storage capacity to demand centers like the northeast where cold winters require utilities to maintain enough supply… Keep reading →
As the developed world enjoys an energy production renaissance, developing countries – particularly in Asia – look to lead global energy consumption growth and are expected to burn lots of coal along the way. The US Energy Information Administration Thursday released its International Energy Outlook that forecasts energy balances and consumption trends out to 2040.… Keep reading →
Adam Sieminski begins as new EIA Administrator http://go.usa.gov/dkO EIAgov
Probably the best indication that the Chinese economy has entered a meaningful recession is the Chinese central government’s urgency to reassure everyone it isn’t so.
There have been rumblings since the end of last year that the Chinese economy was slowing, with poor lending practices, a property bubble and poorly managed internal migration all part of the new scenario sketched out for a possible recession. If it wasn’t for Europe’s unceasing convulsions over the credibility of its currency union the outlook for Chinese growth would be the central question for global economic trend-watchers. Keep reading →
Analysis of the Senate Energy Committee’s ‘Clean Energy Standard Act of 2012′ http://go.usa.gov/V43 EIAgov
When talking about energy and power generation today, it’s hard to avoid the topic of smart grids and intelligent metering systems. But the subject can seem somewhat nebulous and perhaps idealistic without hard numbers that put things in perspective. That is exactly what the US Energy Information Administration does.
The EIA maintains granular smart meter data that includes the total number of installations, who has them and more. At the end of 2010, 663 utilities had over 20 million advanced metering infrastructure installations, which accounts for about 6% of the total current US population. The lion’s share of these installations are at the residential level. Keep reading →
With decade-low natural gas prices threatening to dampen America’s shale-gas boom, gas-producing states are looking for ways to stimulate demand from cars and light trucks.
Ten states have signed a memorandum of understanding that aims to persuade automakers in the US to mass-produce competitively priced cars that will run on natural gas, providing a new outlet for abundant domestic supplies of the cleaner-burning fuel. The signatories are seeking more support. Keep reading →
Power prices have been dipping around the country because of low natural gas prices, but some states could face the potential of higher prices for electricity as more renewable energy comes online and seeking to replace threatened baseload power could drive prices higher regardless.
The Manhattan Institute released a study on February 28 by Senior Fellow Robert Bryce concluding US renewable portfolio standards (RPS) for power generation appear to pose risks to a fragile economy — increasing electricity costs in many states at a time when consumers are struggling with high unemployment and discretionary spending constraints. Keep reading →