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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RSS feed source: US Energy Information Administration

In-brief analysis

June 23, 2025

During summer 2025, from June through September, residential customers in the United States can expect average monthly electricity bills of $178, a slight increase from last summer’s average of $173. We expect a slight decrease in consumption, driven by cooler forecast summer temperatures relative to last summer, which only partially offsets the expected increase in residential electricity prices in most areas of the country.

The number of cooling degree days (CDD), a measure of how hot the temperature is, affects the demand for electricity use for air conditioning. We expect that temperatures will be slightly cooler this summer with a 1% decline in total CDDs compared with summer 2024. The cooler expected weather contributes to slightly less U.S. residential summer electricity consumption, down less than 1% compared with last summer.

Weather

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