RSS feed source: US Energy Information Administration

In-brief analysis

April 10, 2025

U.S. crude oil exports in 2024 surpassed the previous record set in 2023, exceeding an annual average of 4.1 million barrels per day (b/d). Despite this new record, crude oil export year-over-year growth slowed to 1% in 2024, compared with 14% in 2023 and 21% in 2022.

Crude oil production in the U.S. Lower 48 (L48) states, which does not include Alaska or offshore production, reached a record in November 2024, allowing for a greater supply of crude oil to export. Increased production efficiency counteracted a decrease in the number of active oil rigs, resulting in L48 production increasing 3% last year. Unlike in the L48 states, production in Alaska and offshore in the Gulf of America decreased last year because of natural declines in both areas and because of disruptions to

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RSS feed source: US Energy Information Administration

In-brief analysis

April 9, 2025

Angola exported more liquefied natural gas (LNG) to Europe and less to Asia in 2022 and 2023, according to estimates from the Statistical Review of World Energy, when Europe increased LNG imports to offset reduced natural gas imports by pipeline from Russia following the outbreak of the Russia-Ukraine war.

Prior to 2022, most of Angola’s LNG exports went to the Asia-Pacific region, primarily India. In 2023, however, Europe received 75% of Angola’s total 175 billion cubic feet (Bcf) of LNG exports; France and the United Kingdom were the largest recipients in Europe, taking about 32 Bcf and 28 Bcf, respectively, in 2023. The Asia-Pacific region received the remaining 25%, with India receiving the most at about 35 Bcf for the year.

Most of the natural gas produced in Angola

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RSS feed source: US Energy Information Administration

In-brief analysis

April 8, 2025

In 2023, the United States produced 578 million short tons (MMst) of coal, or less than half of the amount produced in 2008 when U.S. coal production peaked, according to our most recent Annual Coal Report. The production decline is spread almost evenly across each type of coal and continued in 2024. Rising mining costs, increasingly stringent environmental regulations, and competition from other sources of electric power generation have contributed to domestic coal production declines.

The rank of coal depends on the depth at which coal deposits are buried. Deeper coal deposits have experienced more heat and pressure over time, providing those coals with higher heat capacity, higher carbon content, lower moisture, and fewer impurities. When ranked by their carbon content, the highest-ranking coal is anthracite, followed by bituminous, subbituminous, and lignite

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In-brief analysis

April 7, 2025

U.S. propane consumption reached 1.48 million barrels per day (b/d) in January 2025, the most January consumption on record since January 2005 and the most for any month since February 2007, as severe cold drove up heating demand across much of the country.

U.S. propane consumption, which we measure as product supplied, is closely correlated with temperatures during the winter because propane is primarily used for space heating in the United States. January is typically the coldest month of the year. January 2025 was the coldest month recorded in the United States since January 2014, measured by heating degree days (HDDs).

January 2025 had 946 HDDs, just 26 fewer than in January 2014. Strong heating demand this winter due to cold weather caused propane prices to increase slightly, contributing to higher

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