U.S. distillate fuel inventories are low for this time of year

(Fri, 27 Jul 2018) Inventories of distillate fuel, a category that includes both diesel and home heating oil, were 117.7 million barrels at the end of June, the lowest end-of-June level since 2004. Distillate inventories have generally been lower than the previous five-year (2013–2017) average throughout 2018. Relatively low inventory levels reflect growth in distillate consumption during 2018 that has not been fully offset by increased domestic refinery production or by lower net exports of distillate.

EIA’s Short-Term Energy Outlook adds natural gas and hydrocarbon gas liquids charts

(Thu, 26 Jul 2018) EIA’s <em>Short-Term Energy Outlook</em> (STEO) revised its standard set of figures in its July 2018 publication. To provide more clarity on changing natural gas and hydrocarbon gas liquids (HGL) markets, two new natural gas figures and four new HGL figures are now included with the monthly forecast. Many of the figures previously included in STEO have been redesigned.

EIA’s latest International Energy Outlook highlights analysis of China, India, and Africa

(Tue, 24 Jul 2018) China, India, and Africa are three of the most populated parts of the world. Their economies collectively consume about one-third of all global energy, and their energy consumption is projected to grow faster than the rest of the world through 2040. As a result, changes in these economies have significant implications for global energy markets.

Air conditioning accounts for about 12% of U.S. home energy expenditures

(Mon, 23 Jul 2018) Air-conditioning equipment is used in 87% of homes in the United States and, according to the latest EIA Residential Energy Consumption Survey (RECS), home air-conditioning costs averaged $265 in 2015, or 12% of total home energy expenditures. Air-conditioning costs ranged from an average of $525 in the hot-humid region in the Southeast to about $60 in the temperate marine region along the West Coast. The more moderate mixed-humid region, where home air-conditioning costs averaged $262, was closest to the national average.

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