EIA news
EIA: fossil fuel production expected to increase through 2022 but remain below 2019 peak
Based on forecasts in the US EIA’s January 2021 Short-Term Energy Outlook, EIA expects total production of fossil fuels in the United States to remain flat in 2021.
EIA expects US crude oil production to remain relatively flat through 2021
In its November Short-Term Energy Outlook, EIA forecasts that US crude oil production will remain near its current level through the end of 2021.
EIA: US natural gas exports to Mexico have increased in the first nine months of 2020
US pipeline exports of natural gas have been displacing other sources of Mexico’s natural gas, including LNG imports.
EIA: US crude oil exports have fallen in each month since record high in February
US crude oil exports reached a record high in February 2020 and have since fallen in each month, based on data through June, according to the US EIA.
EIA: US natural gas exports have been declining since April
Net exports began declining in spring 2020 as a result of a global economic slowdown amid the spread of COVID-19.
EIA: US energy imports and exports were nearly equal in May
Changes in domestic production and declines in global demand for energy since mid-March have shifted energy trade balances back in the direction of net imports, according to the EIA.
EIA: currency appreciation makes crude oil less expensive for some oil importers
The US EIA analyses the relationship between brent crude oil prices and the index of the value of the US dollar in recent months.
EIA: US crude oil production in May has a record monthly decrease
Production of crude oil decreased in the United States in May 2020 by 1.99 million bpd, the largest monthly decrease since at least January 1980.
EIA: Canada’s oil production drops to lowest level since 2016 wildfires
In the first half of 2020, Canada’s production declined 20% from its 2019 average of 5.5 million bpd.
EIA: Canada is the largest source of US energy imports
Canada is the largest source of US energy imports and the second-largest destination for US energy exports behind only Mexico, according to the EIA.