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Showing posts with label energy. Show all posts
Showing posts with label energy. Show all posts

Tuesday, July 16, 2024

After 60 years of energy import, the U.S. has become a net total energy exporter since 2019

"U.S. energy consumption was higher than U.S. energy production in every year from 1958–2018. The difference between consumption and production was met by imports, particularly crude oil and petroleum products such as motor gasoline and distillate fuel oil. Total energy imports (based on heat content) peaked in 2007 and subsequently declined in nearly every year since then. Increases in U.S. crude oil and natural gas production reduced the need for crude oil and natural gas imports and contributed to increases in crude oil and natural gas exports. The United States has been a net total energy exporter—total energy exports have been higher than total energy imports—since 2019."

Source: EIA, 2024.



Thursday, January 6, 2022

IEA plans to make all its data freely available

 International Energy Agency (IEA) IS GOING TO FREE ITS ALL GLOBAL ENERGY DATA, Quantum Commodity Intelligence informed today. This will significantly improve data transparency in the energy sector as the world prepares to reduce dependency on fossil fuels and move towards a low-carbon future. 

The proposal still needs to be supported by member countries at the next ministerial meeting to be held 2-3 February.