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5 days ago · Although our STEO forecasts through 2024, we only analyzed the near-term effects of a potential disruption. Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, July 2023.
5 days ago · Across the United States, we forecast that retail gasoline prices will average near $3.70 per gallon from April through September, which is similar to prices during the same period last year. Refinery operations are a source of uncertainty for gasoline markets this summer.
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4 days ago · In the case of severe gasoline shortages, California has imported gasoline from Asia, Europe, and Mexico. Because the state is phasing out fossil fuels, including fossil fuel production, refiners have little incentive to invest in expanding or updating California refinery operations.
4 days ago · Natural gas production in the lower-48 states has increased from less than 50 billion cubic feet a day in 2005 to about 70 Bcf/d today. This is an increase of 40 percent over nine years, or a compound annual growth rate of about 4 percent. There is no indication that this rate of increase is slowing.
4 days ago · This Week In Petroleum Gasoline Section - U.S. Energy Information Administration (EIA) This Week in Petroleum. Release Date:May 8, 2024Next Release Date:May 15, 2024. Download data Past Weeks Release schedule Print. PricesCrude OilGasolineDistillatePropane.
3 days ago · Gas prices have steadily fallen since the fall of 2023, thanks to sluggish demand and increased supply. But gas prices have seen an early 2024 rebound, sparked by higher oil costs. In late...
4 days ago · The U.S. Energy Information Administration’s Annual Energy Outlook 2021 predicts U.S. oil and gas supplies will bounce back to pre-COVID levels by 2023 and continue climbing through the forecast period, which ends in 2050.