RSS feed source: US Energy Information Administration

In-brief analysis

April 29, 2025

U.S. imports of petroleum products decreased by 210,000 barrels per day (b/d) in 2024 to average 1.8 million b/d. Imports of all major transportation fuels, such as motor gasoline, diesel, and jet fuel, as well as other products, such as unfinished oils, decreased.

Motor gasoline makes up the largest share of U.S. petroleum product imports because it is the most widely consumed petroleum fuel in the United States. In 2024, the United States imported 651,000 b/d of motor gasoline, about 36% of all petroleum product imports and 75,000 b/d less than in 2023. U.S. gasoline consumption in 2024 was largely unchanged from 2023; inventories fell in 2024 after they had increased in 2023, reflecting the decrease in imports.

Although the United States imports more gasoline than any other petroleum product, the

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RSS feed source: US Energy Information Administration

In-brief analysis

April 28, 2025

After a relatively warm start to the 2024–25 winter heating season (November–March), colder-than-normal temperatures across much of the United States in January and February resulted in increased consumption of natural gas and more withdrawals from U.S. natural gas storage than normal. By the end of March, the least amount of natural gas was held in U.S. underground storage in the Lower 48 states since 2022, with inventories 4% lower than the previous five-year average for that time of year, according to our Weekly Natural Gas Storage Report.

In January and February, the colder-than-normal temperatures across the country led to increased natural gas consumption in the residential, commercial, and electric power sectors. Consumption in the combined residential and commercial sectors in January and February averaged 97 billion cubic feet per day (Bcf/d), 16%

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RSS feed source: US Energy Information Administration

“Today, I am announcing my decision to step down as Director of the U.S. National Science Foundation (NSF), effective today. It has been an honor and privilege to serve as the Director of NSF for the last five years. I believe I have done all I can to advance the critical mission of the agency and feel that it is time for me to pass the baton to new leadership.

I came to NSF inspired by its mission, with a desire to serve the scientific community alongside the exceptional people of the agency. This has motivated me every day over the last five years. I have always believed that innovation and opportunities must be unleashed everywhere at speed and scale, thereby nurturing talent in every corner of our great nation. This will ensure we remain competitive and innovative on a global scale.

This is a pivotal moment for our nation in terms of global competitiveness. NSF is an extremely important investment to make U.S. scientific dominance a reality. We must not lose our competitive edge.

I am deeply grateful to both Presidents for the opportunity to serve our nation. I am also thankful for the strong bipartisan support of Congress and the tireless efforts of the amazing staff at NSF. I wish the very best for the agency and will always look proudly at the

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