RSS feed source: US Energy Information Administration

In-brief analysis

June 30, 2025

Data source: U.S. Energy Information Administration, Refinery Capacity Report
Note: Data reflect refinery capacity as of January 1 of the indicated year.

According to our latest annual Refinery Capacity Report, U.S. operable atmospheric distillation capacity, the primary measure of refinery capacity, totaled 18.4 million barrels per calendar day (b/cd) on January 1, 2025—essentially flat compared with last year.

We publish two measures of refinery capacity in the report: barrels per calendar day and barrels per stream day. Calendar day capacity represents the operator’s estimate of the input volume that a distillation unit can process in a 24-hour period under usual operating conditions, factoring in both scheduled and unscheduled maintenance. The calendar day capacity reported by companies may differ slightly from other published figures because of differences in estimation methods.

Stream

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RSS feed source: US Energy Information Administration

In-brief analysis

June 27, 2025

Electricity demand in the PJM Interconnection and ISO New England (two regional grid operators covering the Northeast United States) reached multiyear highs on June 23 and June 24, respectively. Electricity demand increased significantly due to a heat wave that affected most of the Eastern United States this week.

PJM Interconnection
Electricity load in the PJM Interconnection, the largest wholesale electricity market in the country, peaked at 160,560 megawatts (MW) on Monday, June 23, between 5:00 p.m. and 6:00 p.m. according to data from our Hourly Electric Grid Monitor. The load on the grid surpassed PJM’s seasonal peak load forecast of 154,000 MW but remained below the record load of 165,563 MW in 2006 (PJM has expanded numerous times, and this data point is based on PJM’s current footprint). PJM’s footprint includes 13 states

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In-brief analysis

June 25, 2025

In our Annual Energy Outlook 2025 (AEO2025) Reference case, we project the electricity consumed for commercial computing will increase faster than any other end use in buildings. Computing accounted for an estimated 8% of commercial sector electricity consumption in 2024 and grows to 20% by 2050. Ultimately, more electricity could be consumed by computing than for any other end use in the commercial sector, including lighting, space cooling, and ventilation.

We expect commercial computing growth will outpace computing efficiency improvements which, in the past, have moderated the growth in electricity consumption associated with computers. Commercial computing electricity demand growth is significant enough in our projections to contribute to a reversal in the trend in declining commercial electricity intensity, as measured in kilowatthours consumed per square foot. Many of our assumptions about future

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RSS feed source: US Energy Information Administration

In-brief analysis

June 24, 2025

Data source: U.S. Energy Information Administration, World Bank, and Global Energy Monitor, Global Gas Infrastructure Tracker
Note: LNG=liquefied natural gas, FSRU=floating storage regasification unit

In 2024, about 20% of global liquefied natural gas (LNG) trade transited the Strait of Hormuz, primarily from Qatar. The strait is a critical route for oil and petroleum products as well. Qatar exported about 9.3 billion cubic feet per day (Bcf/d) of LNG through the Strait of Hormuz in 2024, and the United Arab Emirates (UAE) exported about 0.7 Bcf/d, accounting for nearly all LNG flows from the Persian Gulf through Hormuz. We estimate that 83% of the LNG that moved through the Strait of Hormuz in 2024 went from Persian Gulf countries to Asian markets. China, India, and South Korea were the top destinations

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