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A Strong Pacific System to Impact Much of the Lower 48 this Week

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U.S. retail gasoline prices to decrease in 2025 and 2026 with lower crude oil price

In our January Short-Term Energy Outlook, we now forecast U.S. retail gasoline prices through the end of 2026. We estimate…

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EIA forecasts lower oil price in 2025 amid significant market uncertainties

We forecast benchmark Brent crude oil prices will fall from an average of $81 per barrel (b) in 2024 to…

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U.S. wholesale electricity prices were lower and less volatile in 2024

Average wholesale electricity prices at major trading hubs in the Lower 48 states were lower in 2024 than in 2023.…

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Improving well productivity helps U.S. oil companies increase production at a lower cost

Second-quarter 2024 financial results for 34 publicly traded U.S. oil exploration and production (E&P) companies suggest increasing well productivity is…