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11 Best LNG and LNG Shipping Stocks To Buy Now![img](/img/external-link.svg)
The United States has witnessed a surge in natural gas production since the fracking boom in the mid-2000s. Europe remained the primary recipient of U.S. LNG, constituting 60% of all exports last month. The EIA projects that by the end of 2024, 55 countries will have completed LNG regasification terminals.
Oil prices plunge as US inventories jump and worries build over China demand![img](/img/external-link.svg)
The US's crude oil supply jumped 3.6 million barrels last week, according to EIA data. China's oil refineries saw output slump, stoking concerns about waning fuel demand.
Tougher EU methane rules mean US gas sector must clean...![img](/img/external-link.svg)
U.S. exporters sold $33 billion of LNG to European buyers in 2022, EIA data shows. Methane is a far more potent greenhouse gas than carbon dioxide in terms of climate-warming potential. European Union member states have agreed to impose maximum methane intensity values on all producers sending fuels to Europe.
Oil gains on Middle East tensions, stock data in focus![img](/img/external-link.svg)
Brent futures rose 8 cents to $82.55 a barrel by 0013 GMT. Israeli military said its forces were carrying out an operation against Hamas. U.S. Energy Information Administration (EIA) will release its first oil inventory report in two weeks.
US crude output to rise by less than previously...![img](/img/external-link.svg)
U.S. crude output to rise by less than previously forecast in 2023 -EIA. EIA projected crude production will rise to 12.9 million barrels per day.
US power use to slide in 2023 on milder weather forecasts![img](/img/external-link.svg)
U.S. power demand will slide from a record 4,070 billion kilowatt-hours (kWh) in 2022 to 4,022 billion kWh in 2023. EIA projected 2023 power sales would fall to 1,468 billion kWh for residential consumers.
Chinese listed firms used endangered animal parts as...![img](/img/external-link.svg)
Environmental Investigation Agency (EIA) urged investors in Beijing Tong Ren Tang group, Tianjin Pharmaceutical group and Jilin Aodong Pharmaceutical Group to divest their stakes. EIA said 72 firms used body parts of threatened leopards and pangolins as ingredients in at least 88 traditional Chinese medicine (TCM) products.
Navigating The Energy Misinformation Maze![img](/img/external-link.svg)
President Trump has claimed that when he assumed office, he inherited a “mostly empty’ Strategic Petroleum Reserve. The EIA keeps weekly records of the SPR level.
Conflict in Israel, Gaza has small impact on oil supplies![img](/img/external-link.svg)
The conflict in Israel and Gaza has had little impact on global oil supplies and prices this week. The U.S. Energy Information Administration (EIA) issued its International Energy Outlook (IEO) 2023.
US Home Heating Bills Seen Flat to Lower This Winter![img](/img/external-link.svg)
U.S. consumers will spend about the same as or less than they did last year to heat their homes this winter, depending on where they live and what fuel they use. EIA forecast 46% of households that use natural gas as their main heating fuel will likely spend less on heating this winter.
US home heating bills seen flat to lower this winter -EIA![img](/img/external-link.svg)
U.S. consumers will spend about the same or less than they did last year to heat their homes this winter. EIA forecast 46% of households that use natural gas as their main heating fuel will likely spend less on heating this winter because gas prices will likely be lower.
US natgas output and demand to hit record highs in 2023 -EIA![img](/img/external-link.svg)
The U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Wednesday. EIA projected dry gas production will rise to 103.72 billion cubic feet per day (bcfd) in 2023 and 105.13 bcfd in 2024.
US power use to slide in 2023 on milder weather forecasts![img](/img/external-link.svg)
U.S. power demand will slide from a record 4,048 billion kilowatt-hours (kWh) in 2022 to 3,998 billion kWh in 2023. EIA projected 2023 power sales would fall to 1,480 billion kWh for residential consumers.
UPDATE 1-US home heating bills seen flat to lower this winter -EIA![img](/img/external-link.svg)
U.S. consumers will spend about the same or less than they did last year to heat their homes, EIA says. 46% of households that use natural gas as their main heating fuel will likely spend less on heating this winter because gas prices will likely be lower. Combined, households that heat with gas and those that are in the West account for a total of 56% of all Americans.
WTI Extends Losses After API Reports Massive Crude Inventory Build![img](/img/external-link.svg)
Oil prices tumbled back to earth today, erasing Sunday night's gains on apparent optimism that the Irasel0-Hamas war wouldn't last long. There may have been some downward pressure also as traders weighed EIA's monthly Short-Term Energy Outlook which reported that US crude production surged to a record during the third quarter.
Ex-Alameda Engineer: It Was 'Business as Usual' Until FTX's Crypto Empire Implosion![img](/img/external-link.svg)
Citigroup outlines layoff process, reassignments in overhaul -memo. Energy Stocks Slide As Gasoline Futures Sink Near Year Lows After Key EIA Data. Warren Buffett and Ken Griffin have had huge success but adhere to different tactics.
EIA cuts US hydropower generation forecast for 2023![img](/img/external-link.svg)
The Energy Information Administration (EIA) on Thursday lowered its forecast for U.S. hydropower generation in 2023 by 6%. The northwest, which produces almost one-half of the country's hydrop power, experienced above-normal temperatures in May.
EIA cuts US hydropower generation forecast for 2023![img](/img/external-link.svg)
The Energy Information Administration (EIA) lowered its forecast for U.S. hydropower generation in 2023 by 6%. The northwest experienced above-normal temperatures in May that melted snow rapidly.
Natural Gas Prices Retreat Ahead of Storage Data![img](/img/external-link.svg)
Natural gas prices are trading lower for second consecutive session, down 0.7% at $2.714/mmBtu ahead of a weekly EIA storage report at 10:30 am ET. The data is likely to be price-supportive, as a WSJ survey forecasts an average 67 billion cubic feet injection.
Solar farm near sculpture park not likely to harm environment - council![img](/img/external-link.svg)
Boom Power wants to install solar panels on 125 acres near Wakefield. The firm asked Wakefield Council if an environmental impact assessment was needed. The council said it would not be considered an "EIA development"