The United States is a net energy importer from Canada

(Wed, 23 May 2018) Canada is the largest energy trading partner of the United States, based on the combined value of energy exports and imports. Although the value of bilateral energy trade with Canada has varied over the past decade, driven primarily by changes in the prices of oil and natural gas, the overall structure of bilateral energy trade flows has changed relatively little, with the value of U.S. energy imports from Canada consistently exceeding the value of U.S. energy exports to Canada by a large margin.

United States remains the world’s top producer of petroleum and natural gas hydrocarbons

(Mon, 21 May 2018) The United States remained the world's top producer of petroleum and natural gas hydrocarbons in 2017, reaching a record high. The United States has been the world's top producer of natural gas since 2009, when U.S. natural gas production surpassed that of Russia, and the world's top producer of petroleum hydrocarbons since 2013, when U.S. production exceeded Saudi Arabia’s. Since 2008, U.S. petroleum and natural gas production has increased by nearly 60%.

U.S. Battery Storage Market Trends

(Mon, 21 May 2018) At the end of 2017, 708 megawatts (MW) of power capacity, representing 867 megawatthours (MWh) of energy capacity, of large-scale battery storage capacity was in operation. The U.S. Battery Storage Market Trends report explores trends in U.S. battery storage capacity additions and describes the current state of the market, including information on applications, cost, and market and policy drivers.

Northeast region slated for record natural gas pipeline capacity buildout in 2018

(Fri, 18 May 2018) EIA expects construction of new natural gas pipeline capacity in the United States to continue in 2018, in particular in the northeastern United States. By the end of 2018, if all projects come online by their scheduled service dates, more than 23 billion cubic feet per day (Bcf/d) of takeaway capacity will be online out of the Northeast, up from an estimated 16.7 Bcf/d at the end of 2017 and more than three times the takeaway capacity at the end of 2014.

Changing energy efficiency and fuel economy standards affects energy consumption

(Thu, 17 May 2018) Legislation passed in the 1970s and 1980s and updated in subsequent decades established mandatory federal minimum energy efficiency standards for equipment and appliances in buildings and fuel economy standards for light-duty vehicles (LDVs). Three scenarios in EIA’s <em>Annual Energy Outlook 2018</em> (AEO2018) examine the impacts of varying energy efficiency policies on end-use consumption, including what could happen under current laws and what might happen if energy efficiency policies were made more or less stringent.

U.S. Gulf Coast port limitations impose additional costs on rising U.S. crude oil exports

(Wed, 16 May 2018) U.S. crude oil exports averaged 1.1 million barrels per day (b/d) in 2017 and 1.6 million b/d so far in 2018, up from less than 0.5 million b/d in 2016. This growth in U.S. crude oil exports happened despite the fact that U.S. Gulf Coast onshore ports cannot fully load Very Large Crude Carriers (VLCC), the largest and most economic vessels used for crude oil transportation. Instead, export growth was achieved using smaller and less cost-effective ships.

Tax credits and solar tariffs affect timing of projected renewable power plant deployment

(Tue, 15 May 2018) The timing and magnitude of adding wind- and solar-powered electricity generators to the U.S. grid are sensitive to federal policies, especially federal tax credits that are currently scheduled to expire or diminish by 2022. In addition to the Reference case of EIA’s latest <em>Annual Energy Outlook 2018</em> (AEO2018), which reflects current laws and regulations, three side cases show the potential effects of extending or eliminating certain tax credits.

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