The United States produced more crude oil than any nation at any time, according to our International Energy Statistics, for the past six years in a row. Crude oil production in the United States, including condensate, averaged 12.9 million barrels per day (b/d) in 2023, breaking the previous U.S. and global … [continued]
U.S. crude oil production averaged 13.3 million barrels per day (b/d) in December 2023, following sustained productivity increases at new wells, according to our latest Petroleum Supply Monthly (PSM). U.S. crude oil production has increased to record highs since 2010 and has risen even more quickly in recent months. These record … [continued]
The United States was again the largest supplier of liquefied natural gas (LNG) to Europe (EU-27 and the UK) in 2023, accounting for nearly half of total LNG imports, according to data from CEDIGAZ. Last year marks the third consecutive year in which the United States supplied more LNG to Europe … [continued]
On January 16, 2024, a record high of 141.5 billion cubic feet (Bcf) of natural gas was consumed in the U.S. Lower 48 states (L48), exceeding the previous record set on December 23, 2022, according to estimates from S&P Global Commodity Insights. Well-below-normal temperatures caused by a large mass of arctic … [continued]
2023 set another record for EV sales in the United States. About 1.2 million vehicles, or 7.6% of all sales, were electric according to Kelley Blue Book. With over 1 million new EVs plugging into garage outlets, home charging stations, and Superchargers, you’d think our electricity usage would have shot … [continued]
It’s fun and interesting to look at which automakers lead full electric vehicle (BEV) sales in the USA, and to look at which auto brands lead the market. I’ll get into that breakdown in a moment. However, first, even more fun for me is looking at which auto brands and … [continued]
Innovation often springs from solving a problem and realizing that an entirely new approach might be the best way forward. Thirteen years ago, Desmond Wheatley and his team were deploying grid-tied electric vehicle (EV) charging stations, some coupled with solar panels. When a city council approached them to install stations … [continued]
Who is producing the most EV batteries? Which countries are leading the way in battery production? Without a doubt, you know the country that is leading the way. It has more than half of the world’s EV production and more than half of the world’s EV battery production. That’s China, … [continued]
VinFast is toying with the idea of selling its diminutive VF 3 electric city car in America. Its dealers completely approve.
Offshore wind offers advantages of greater capacity than solar energy, more stability than onshore wind power, and more importantly, decreases the need for fossil fuels and associated emissions of pollution and carbon dioxide. Countries such as China, United Kingdom, Germany, Netherlands, Belgium, and Denmark are leading global offshore wind installation … [continued]
