Energy Information Administration

Results 11 - 20 of about 58 news for the tag: Energy Information Administration.

Oil Supplies Down More Than Expected

June 12th, 2008

Crude oil inventories fell by 4.6 million barrels last week to 302.2 million barrels — 13.5 percent below year-ago levels, the Energy Department’s Energy Information Administration (EIA) said in its weekly report.
Analysts expected a draw of only 1.4 million barrels, accorgding to a survey by Platts, the energy research arm of McGraw-Hill Cos.
Gasoline inventories rose [...]

Energy Dept. and IEA Lower Oil Demand Outlook

June 11th, 2008

The Energy Department and the Paris-based International Energy Agency both lowered their global oil consumption forecasts for this year amid surging prices, but said demand for oil and petroleum products is accelerating in parts of the developing world.
In its monthly short-term Energy outlook, the Energy Department’s Energy Information Administration said oil consumption is falling more [...]

Natural Gas Supplies Grow

June 6th, 2008

The Energy Department’s Energy Information Administration said in its weekly report that natural-gas inventories in the lower 48 states rose by 105 billion cubic feet to nearly 1.81 trillion cubic feet for the week ending May 30.
The inventory level was slightly below the five-year average, and well below last year’s storage level of more than [...]

Crude Supply Drop Surprises Analysts

June 5th, 2008

Crude-oil inventories dropped last week for the third straight period, down by 4.8 million barrels to 306.8 million barrels — 11.8 percent below year-ago levels, the Energy Department’s Energy Information Administration said in its weekly report.
Analysts expected a gain of 2.7 million barrels, according to a survey by Platts, the energy research arm of McGraw-Hill [...]

Crude Supplies Fall as Tankers Back Up

May 30th, 2008

Crude-oil inventories fell unexpectedly last week for the second straight period. But government data suggests it is probably not because demand has risen, and that helped push crude prices down.
For the week ended May 23, crude-oil inventories shrank by 8.8 million barrels, down 2.7 percent from the previous week, to 311.6 million barrels, the Energy [...]

EIA Issues Production Study for Arctic Refuge

May 23rd, 2008

Opening the Arctic National Wildlife Refuge in Alaska to oil and gas production would increase U.S. crude oil production by an additional 780,000 barrels per day by 2027, according to a government study.
The report, prepared by the Energy Department’s Energy Information Administration for Sen. Ted Stevens, R-Alaska, says petroleum from the area would cut U.S. [...]

Natural Gas Inventories Up

May 23rd, 2008

The Energy Department’s Energy Information Administration said in its weekly report that natural gas inventories held in underground storage in the lower 48 states rose by 85 billion cubic feet to more than 1.61 trillion cubic feet for the week ending May 16.
The inventory level was slightly below the five-year average of nearly 1.62 trillion [...]

Supply Concerns Send Oil Past $133

May 22nd, 2008

Runaway oil prices blew past $130 a barrel for the first time Wednesday and kept going, while gasoline prices persisted in their own relentless climb, rising above $3.80 a gallon.
Wednesday’s rally was fed in part by a report from the Energy Department’s Energy Information Administration, which said crude inventories fell last week, when analysts expected [...]

Drop in Crude Supplies Catches Analysts by Surprise

May 22nd, 2008

Crude-oil inventories fell unexpectedly last week after four straight weeks of gains.
For the week ended May 16, crude-oil inventories dropped by 5.4 million barrels to 320.4 million barrels, which is 6.5 percent below year-ago levels, the Energy Department’s Energy Information Administration (EIA) said in its weekly report.
Analysts expected a gain of 900,000 barrels, according to [...]

Greenhouse Gas Emissions Rose Last Year

May 21st, 2008

The Energy Department’s Energy Information Administration says carbon dioxide emissions in the U.S. increased last year, compared with emission levels in 2006.
EIA says 5.98 million tons of carbon dioxide went into the air in 2007, a 1.6 percent increase from the year before. EIA blames greater demand for heating and cooling, as well as “higher [...]