RSS feed source: US Energy Information Administration

In-brief analysis

September 25, 2026

The Henry Hub natural gas spot price averaged $2.93 per million British thermal units from June through August, 6% less than the same period last year. Prices were lower this summer despite exceptionally hot weather that increased electricity demand for air conditioning. Natural gas-fired power plants often help meet higher demand during such periods.

The average temperature in the Lower 48 states was 77°F in July, the warmest ever for the month, according to data from the National Oceanic and Atmospheric Administration. Increased renewable electricity generation, record natural gas production, and ample natural gas inventories helped limit upward pressure on prices. Further, maintenance at liquefied natural gas terminals moderated demand growth from that sector.

We estimate that additions in renewable capacity and generation reduced the amount of natural gas

Click this link to continue reading the article on the source website.

RSS feed source: US Energy Information Administration

In-brief analysis

September 22, 2026

Data source: Enverus
Note: Crude oil and natural gas production in barrels of oil equivalent

Publicly traded companies represent a tiny share of the total number of companies producing crude oil and natural gas in the United States, but they make up a large share of U.S. production. In 2025, publicly traded companies accounted for just 2% of about 12,000 oil and natural gas producers but produced 68% of the crude oil and natural gas in the Lower 48 states.

Massive scale, prime drilling locations, and advanced technologies help publicly traded oil and gas producers maintain their edge on production. Publicly traded companies generally report lower breakeven prices—the minimum price needed to cover operating costs—than privately held companies. These lower breakeven prices are driven in part by higher-quality

Click this link to continue reading the article on the source website.

RSS feed source: US Energy Information Administration

In-brief analysis

September 18, 2026

The price of distillate fuel oil, often sold as diesel, is driven by the price of crude oil, retail margins, distribution costs, taxes, and crack spreads, the indicator we use for refining margins. Tight global supplies of distillate fuel oil and elevated crude oil prices have driven prices higher in recent months.

Crack spreads are indicators of the profitability of refining crude oil into petroleum products such as gasoline and diesel and are used as a proxy for refinery margins. We calculate the diesel crack spread by subtracting the spot market price of a gallon of crude oil from the wholesale price of a gallon of diesel. The high crack spread for diesel on top of the elevated price of a barrel of crude oil has driven retail prices up. High

Click this link to continue reading the article on the source website.