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US LNG exports dropped by half in 2020 so far

Although daily natural gas deliveries to U.S. facilities that produce LNG for export were a record 9.8 billion cubic feet per day (Bcf/d) in late March 2020, deliveries fell to less than 4.0 Bcf/d in June, EIA reported.

US biofuel production to slowly grow until 2050

The US Energy Information Administration’s (EIA) Annual Energy Outlook 2020 (AEO2020) projects that US biofuel production will slowly increse through 2050, mainly driven by economic and policy factors.

EIA: US natural gas consumption achieves record in 2019

The US Energy Information Administration reported that the US natural gas consumption rose by 3% in 2019, achieving a record of 85.0 billion cubic feet per day (Bcf/d). The increase was due to new natural gas-fired electric capacity and lower natural gas prices.

EIA: natural gas inventories to reach record levels

The US Energy Information Administration (EIA) in its latest February Short-Term energy outlook, estimates that the Lower 48 states’ working natural gas in storage will end in 2019-2020 winter heating season, at 1.935 billion cubic feet, meaning 12% more inventory in comparison to the previous five-year average.

EIA: US natural gas production will continue growing

The Energy Information Administration recently issued its Annual Energy Outlook 2020 (AEO2020) highlighting that the total US dry gas production will continue growing until 2050, giving a boost to the US exports of natural gas to the shipping market globally.

EIA cuts global oil demand forecast amid coronavirus

The US Energy Information Administration cut its global oil demand growth forecast for 2020 by 310,000 barrels per day (bpd) as the coronavirus outbreak impedes oil consumption in China, the world’s second biggest economy.