prices

Residential energy expenditures have increased with colder weather and higher prices

Residential energy expenditures for homes heating with natural gas and propane for the current winter (November through March) have grown,…

2 months ago

Natural gas spot prices fell across key regional trading hubs in 2024

Average natural gas spot prices at most major trading hubs in the Lower 48 states declined in 2024 compared with…

2 months ago

Forecast wholesale power prices and retail electricity prices rise modestly in 2025

In our January Short-Term Energy Outlook (STEO), we expect that U.S. wholesale power prices will average slightly higher in 2025…

3 months ago

EIA expects higher wholesale U.S. natural gas prices as demand increases

We expect increases in the Henry Hub natural gas price in 2025 and 2026 as demand for natural gas grows…

3 months ago

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…

3 months ago

A look back at our forecast for global crude oil prices in 2024

Benchmark Brent crude oil prices averaged $81 per barrel (b) in 2024, in line with the $82/b for the year…

3 months ago

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.…

3 months ago

Natural gas vehicle fuel prices rose in 2022 and 2023 after a decade of relative stability

After a decade of nearly flat prices from 2011 to 2021, inflation-adjusted fuel prices for natural gas vehicles increased in…

3 months ago

Spot Henry Hub natural gas prices hit a historic low in 2024

In 2024, the U.S. benchmark Henry Hub natural gas spot price averaged $2.21 per million British thermal units (MMBtu), the…

3 months ago

In 2024, U.S. retail gasoline prices averaged about 20 cents less than in 2023

The U.S. retail price for regular grade gasoline averaged $3.30 per gallon (gal) in 2024, $0.21/gal less than in 2023.…

3 months ago

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