RSS feed source: US Energy Information Administration

In-brief analysis

November 13, 2024

Data source: Enverus Drillinginfo
Note: For consistency, the various state pressure bases used to measure natural gas volumes have been converted to the federal pressure base of 14.73 pounds per square inch absolute (psia) and 60°F.

U.S. production of associated-dissolved natural gas, or associated natural gas, increased 7.9% in 2023 compared with 2022, averaging 17.1 billion cubic feet per day (Bcf/d) last year, according to data from Enverus Drillinginfo. Associated natural gas production, which is natural gas produced by wells that predominantly produce oil, comes mainly from five major oil-producing regions in the United States—the Permian, Bakken, Eagle Ford, Anadarko, and Niobrara.

Record U.S. crude oil production in 2023 generated large volumes of associated natural gas. The Permian Basin in West Texas and southeastern New Mexico accounted for 46% of U.S.

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RSS feed source: US Energy Information Administration

In-depth analysis

November 12, 2024

For the better part of two decades, Canada has exported significantly more electricity to the United States than it imported. However, in the fall of 2023, electricity trade between the two countries became more balanced. The shift was due partly to Canada’s reduced hydropower generation, the country’s primary source of electricity generation, as drought conditions reduced inflow to reservoirs in western Canada. In addition, lower natural gas prices in the United States reduced power prices, making U.S. electricity more competitive.

Monthly average exports from the United States to Canada in 2023 increased 70% on a year-over-year basis to 1,809 gigawatthours (GWh), while monthly average imports from Canada to the United States decreased by 36% to 3,315 GWh. In 2023, the United States remained a net importer of Canada’s power on an annual

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RSS feed source: US Energy Information Administration

In-brief analysis

November 7, 2024

In our latest Short-Term Energy Outlook (STEO), we forecast that electricity generation from U.S. hydropower plants in 2024 will be 13% less than the 10-year average, the least amount of electricity generated from hydropower since 2001. Extreme and exceptional drought conditions have been affecting different parts of the United States, especially the Pacific Northwest, which is home to most U.S. hydropower capacity.

As of the end of September, 72.6% of the continental United States was experiencing dryer-than-normal to exceptional drought conditions, according to the U.S. Drought Monitor. By the end of October, this value increased to 87.2%. Multiple regions are affected by drought conditions, but the effects on hydropower generation are more obvious in the Pacific Northwest. For example, a recent study conducted by the University of Alabama found that hydropower generation

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RSS feed source: US Energy Information Administration

In-depth analysis

November 6, 2024

Data source: U.S. Energy Information Administration, Petroleum Supply Monthly
Note: The 2024 annual average is the year-to-date average through August.

U.S. fuel ethanol exporters are on track to export a record amount of the fuel in 2024. The increase in exports this year has largely been driven by demand in countries with biofuel blending mandates and cheaper-than-usual U.S. fuel ethanol prices.

Fuel ethanol is a renewable fuel made by fermenting sugar from biomass, typically corn in the United States, that is commonly blended with gasoline.

How much fuel ethanol has the United States exported so far in 2024?

In the first eight months of 2024, U.S. fuel ethanol exports averaged 121,000 barrels per day (b/d)—the most fuel ethanol exports in the first eight months of any year.

Exports have

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