EIA news
EIA expects higher wholesale US natural gas prices as demand increases
In its January Short-Term Energy Outlook (STEO), EIA forecasts the US benchmark Henry Hub natural gas spot price to increase in 2025 to average US$3.10/million Btu and in 2026 to average US$4.00/million Btu from the record low set in 2024.
EIA: US exports of ethane and ethane-based petrochemicals rose 135% from 2014 to 2023
The US Energy Information Administration has reported that US exports of ethane and ethane-based petrochemicals reached an all-time high of 21.6 million t in 2023, up 135% since the United States began exporting ethane in 2014 and 17% more than in 2022, according to data from the US Census Bureau.
EIA: Four new petroleum liquids pipelines have been completed in the US since 2023
The US Energy Information Administration has reported on the construction of four new petroleum liquid pipelines projects in the US since 2023.
EIA expects new milestones for US crude oil production
EIA expects new milestones for US crude oil production amid sustained global petroleum demand and rising prices.
Two new US crude oil pipeline projects have been completed this year
As of 3 June 2022, pipeline companies completed two crude oil pipeline projects in the US, according to the EIA’s recently updated database.
FERC approves new natural gas pipeline projects
FERC approves three projects intended to increase US natural gas exports via pipeline and as LNG.
The effects of not building future interstate natural gas pipelines
The EIA analyse the effects on the energy market if no additional US natural gas pipeline capacity is built between 2024 and 2050.
EIA’s monthly hydrocarbon gas liquids storage data now includes end user storage
The release of EIA’s March 2022 Petroleum Supply Monthly now reports inventories of hydrocarbon gas liquids.
Prices on the Gulf Coast rise slightly with colder-than-normal temperatures
And gas delivery updates from TransCameron and Cheniere.
Crude oil prices higher than US$100/bbl in coming months
The EIA forecast that the price for WTI will average US$113/bbl in March and US$112/bbl for 2Q22.