RSS feed source: US Energy Information Administration

In-brief analysis

July 18, 2025

Data source: U.S. Energy Information Administration, Annual Energy Outlook 2025 (AEO2025)

In our recently published Annual Energy Outlook 2025 (AEO2025), we introduce our new Carbon Capture, Allocation, Transportation, and Sequestration module (CCATS), which allows us to model carbon capture in the coming decades.

The CCATS module allocates projected supply of captured CO2 across the energy system for either enhanced oil recovery or geologic storage using a network representation of capture facilities, transshipment points, and sequestration sites.

In AEO2025, we project CO2 capture at electric power and industrial facilities will increase through the 2030s, primarily due to increased tax credit values. Captured emissions peak at 1.5%–3.5% of energy emissions in the late 2030s in most cases.

In most of our cases, we considered laws and regulations in place as

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RSS feed source: US Energy Information Administration

In-brief analysis

July 16, 2025

U.S. proved reserves of crude oil and lease condensate totaled 46 billion barrels at year-end 2023, a 4% decline from the previous year’s record, according to our U.S. Crude Oil and Natural Gas Proved Reserves, Year-End 2023 report. U.S. proved reserves of natural gas fell to 604 trillion cubic feet, a 13% decline from their 2022 record. Both declines marked the first annual decrease in U.S. proved reserves for those fuels since 2020.

Proved reserves are operator estimates of the volumes of oil and natural gas that geological and engineering data demonstrate with reasonable certainty to be recoverable in the future from known reservoirs under existing economic and operating conditions. Prices heavily affect estimates of proved reserves.

Operators revised their proved reserves downward in response to falling prices in 2023 from

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RSS feed source: US Energy Information Administration

In-brief analysis

July 14, 2025

Based on what power plant owners and operators have reported to EIA, the total operating capacity of U.S. coal-fired power plants is scheduled to fall from 172 gigawatts (GW) in May 2025 to 145 GW by the end of 2028, according to our Preliminary Monthly Electric Generator Inventory. On a regional basis, 58% of the planned coal capacity retirements are in the Midwest and Mid-Atlantic regions.

Coal consumption in the U.S. electric power sector has fallen since its peak in the late 2000s because of increased competition from other electricity sources, especially from natural gas and renewables. Furthermore, coal-fired power plants have been subject to regulations regarding emissions that require plants to add equipment, modify processes, or stop operation.

Our inventory of operating capacity and planned retirements reflects power plant operators’

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In-brief analysis

July 11, 2025

In our Annual Energy Outlook 2025 (AEO2025), we project U.S. production growth of crude oil and natural gas remains relatively high through 2030 due to increasing U.S. exports of petroleum products and liquefied natural gas (LNG), as U.S. energy exports continue to be economical for international consumers.

AEO2025, which we released in April, only considers market and policy inputs as of December 2024 in most cases. Legislation, regulations, executive actions, and court rulings after that date are not considered in this analysis.

Crude oil
Crude oil production increases to about 14.0 million barrels per day (b/d) in 2027 or 2028 in most of our cases, compared with 13.2 million b/d in 2024. Near-term growth in our projections is largely due to increased production in the Permian Basin. The long-term projections differ somewhat

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