RSS feed source: US Energy Information Administration

In-brief analysis

October 10, 2025

An increasing share of U.S. households are using electricity for heating, although natural gas remains the most common heating fuel. In 2024, 42% of U.S. households reported that electricity was their main space heating fuel, according to annual estimates from the U.S. Census Bureau’s American Community Survey. Natural gas was the main heating fuel in 47% of homes last year, a decline from 49% in 2010.

Evolving trends in home heating fuels reflect shifts in housing populations, changes in technology and policy, and decisions by households and home builders. The center of American population continues to generally move west and south, from areas with colder weather to areas with warmer weather. As that population has shifted, overall demand for space heating has declined.

Data from our Residential Energy Consumption Survey (RECS)

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RSS feed source: US Energy Information Administration

In-brief analysis

October 9, 2025

We estimate crude oil inventories in China increased by about 900,000 barrels per day (b/d) between January and August this year, essentially acting as a source of demand by removing barrels from the global markets. The stock builds in China limited the downward price pressure we would otherwise expect to see with growing inventories, keeping the Brent crude oil spot prices in a relatively tight range around $68 per barrel (b) in the second and third quarters of 2025.

We estimate global petroleum inventories rose by an average of 1.8 million b/d in the second and third quarters in our October Short-Term Energy Outlook (STEO). Global oil inventories have been growing in 2025 as crude oil production from OPEC+ members and non-OPEC+ producers in North and South America has outpaced global demand

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RSS feed source: US Energy Information Administration

In-brief analysis

October 7, 2025

The United States is well stocked with propane heading into the winter. For the week ending September 26, U.S. propane inventory was 103 million barrels, about 13 million barrels more than the previous five-year average for this time of year, based on data in our Weekly Petroleum Status Report.

Propane inventories reflect supply and demand balances. Propane demand is greatest in the winter months because propane is used as the main heating fuel in about 5% of U.S. homes, primarily in the northern parts of the Midwest and Northeast. For propane supply, propane gas plant production increased 5% in the first seven months of this year compared with the same period in 2024.

U.S. propane inventories typically increase from April through September, when there is less demand, and decrease from October

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