Short-Term Energy Outlook
(Tue, 10 Jun 2025) Trade policy assumptions. The U.S. macroeconomic outlook we use in the Short-Term Energy Outlook (STEO) is based on S&P Global’s macroeconomic model. S&P Global’s most recent model reflects the tariffs announced in April and includes the 90-day temporary suspension of tariffs granted to certain countries. S&P Global finalized its most recent model before the U.S. Court of International Trade ruled on May 28 to temporarily halt the implementation of all reciprocal tariffs. As a result, our macroeconomic forecast assumes lower tariffs on China’s products compared with last month’s STEO and 10% tariffs on countries subject to
In 2024, the United States produced more energy than ever before
In 2024, the United States produced a record amount of energy, according to data in our Monthly Energy Review. U.S. total energy production was more than 103 quadrillion British thermal units in 2024, a 1% increase from the previous record set in 2023. Several energy sources—natural gas, crude oil, natural gas plant liquids, biofuels, solar, and wind—each set domestic production records last year.
State Energy Data System: Total energy and energy indicators through 2023
(Fri, 23 May 2025) Annual state-level estimates of total energy consumption, prices, and expenditures, as well as energy indicators, through 2023.
State Energy Data System: Total renewable energy, wood, and biomass waste through 2023
(Fri, 09 May 2025) Annual state-level estimates of total renewable energy consumption and wood and biomass waste consumption, prices, and expenditures through 2023.
U.S. energy flow and energy consumption by source and sector charts for 2024
(Wed, 30 Apr 2025) Five energy flow diagrams with data for 2024 show U.S. production and consumption of total energy, petroleum, natural gas, coal, and electricity. Five charts with U.S. energy consumption by source and sector show the distribution, by both energy source and sector, of total energy, petroleum products, fossil fuels, renewable energy, and CO2 emissions in 2024.
State Energy Data System: Total petroleum products, petroleum coke, and other petroleum products through 2023
(Fri, 18 Apr 2025) Annual state-level estimates of consumption, prices, and expenditures for total petroleum products, petroleum coke, and other petroleum products through 2023.
U.S. energy consumption growth decreases in the near term in the latest AEO
U.S. energy consumption decreases in the next several years before increasing again in the early 2040s through 2050, according to our recently published Annual Energy Outlook 2025 (AEO2025). U.S. energy consumption in 2050 is lower than in 2024 in most of the scenarios we explore in AEO2025, but the range of outcomes varies significantly based on the underlying assumptions.
Annual Energy Outlook 2025
(Tue, 15 Apr 2025) The Annual Energy Outlook 2025 (AEO2025) explores potential long-term energy trends in the United States. AEO2025 is published in accordance with Section 205c of the Department of Energy Organization Act of 1977 (Public Law 95-91), which requires the Administrator of the U.S. Energy Information Administration (EIA) to prepare an annual report that contains trends and projections of energy consumption and supply. These projections are used by federal, state, and local governments; industry; trade associations; and other planners and decisionmakers in the public and private sectors.
State Energy Data System: Lubricants, asphalt, and road oil through 2023
(Fri, 28 Mar 2025) Annual state-level estimates of consumption, prices, and expenditures for lubricants, asphalt, and road oil.
U.S. manufacturing energy consumption has continued to increase since 2010 low
U.S. manufacturing energy consumption has continued to increase, according to our recently released survey results for 2022. We conduct the Manufacturing Energy Consumption Surveys (MECS) every four years, and the latest iteration shows the third consecutive increase in energy consumed in the manufacturing sector since a low point in 2010. Natural gas consumption in the manufacturing sector increased by more than all other energy sources combined, as compared with the previous MECS results from 2018.