Industry Highlights
Jun 2, 2023
Oil climbed alongside risk assets, with attention focusing on this weekend's OPEC+ meeting in Vienna.
Jun 2, 2023
Wages for US oil workers climbed above $43 an hour for the first time ever.
Jun 2, 2023
India plans no new coal power plants in the next five years.
Jun 2, 2023
'Macroeconomic headwinds are putting significant downward pressure on oil markets'.
Jun 2, 2023
Aramco met with Turkish contractors to discuss $50 billion of potential projects in the Gulf kingdom.
Today in Energy
Jun 1, 2023
In 2022, annual natural gas consumption in China declined by 1%, or 0.4 billion cubic feet per day (Bcf/d), from 2021, according to data from S&P Global Commodity Insightsthe first decline in annual consumption since 1990, according to our International …
May 31, 2023
In nominal terms, the average monthly electricity bill for residential customers in the United States increased 13% from 2021 to 2022, rising from $121 a month to $137 a month. After adjusting for inflation–which reached 8% in 2022, a 40-year high–electri…
Jun 1, 2023
On average, households in the United States were billed $1.04 per square foot for energy usage across all energy sources in 2020. Those households identifying as energy insecure were billed $0.20 more per square foot than the national average and $0.26 mo…
May 25, 2023
The retail price for regular-grade gasoline in the United States on May 22, the Monday before Memorial Day weekend, averaged $3.53 per gallon (gal), 26% (or $1.24/gal) lower than the inflation-adjusted price a year ago. Memorial Day gasoline prices last y…
May 24, 2023
In our Issues in Focus: Effects of Liquefied Natural Gas Exports on the U.S. Natural Gas Market supplement to our Annual Energy Outlook 2023 (AEO2023), we find that the volumes of liquefied natural gas exports (LNG) do affect average U.S. natural gas pric…
