Energy Information Administration

Retail sales beat expectations in October

WASHINGTON (Reuters) - Retail sales rose more than expected in October as strong receipts from motor vehicle and building material dealers offset the drag from service stations, suggesting the economy started the fourth quarter with some vigor.
 

Retail sales beat expectations in October

WASHINGTON (Reuters) - Retail sales rose more than expected in October as strong receipts from motor vehicle and building material dealers offset the drag from service stations, suggesting the economy started the fourth quarter with some vigor.
 

US-ENVIRONMENT Summary

U.N. sustainable development summit shifts from climate change
 

US-POLITICS Summary

Top Republican raises heat on Obama in Keystone letter
 

China faces hurdles to developing shale gas

Energy-hungry China is tapping its vast shale gas reserves to reduce its reliance on dirty coal and imports, but experts warn its lack of technical expertise and scarce water supplies pose challenges.
 

Oil prices rise on eve of Iran nuclear report

Oil prices rose on Tuesday as traders worried about the impact of a looming report on Iran's nuclear program, OPEC predicted stronger oil demand and as European stock markets rose.
 

Will the U.S. become world's largest oil producer?

Goldman Sachs predicts that America will become the world?s largest oil producer by the year 2017. The forecast is based on generous estimates for shale production. . The Surprising News about U.S. Oil Production
 

Poor worry over government heating aid cuts as winter looms

LITTLETON, New Hampshire (Reuters) - Last year Carolyn Brackett and her family received $700 to help pay their gas bills from a federal program for low-income families -- enough to heat their home for six weeks during New Hampshire's long, cold winter.
 

Insight: Oil convoy blues: trucking game foils crude traders

NEW YORK/HOUSTON (Reuters) - On paper, it's the kind of arbitrage deal that oil traders dream of: buy crude at $85 a barrel in Oklahoma, truck it 550 miles south, and sell it to a Gulf coast refiner for $110.
 

Next big shale gas boom

This Canadian mid cap company could benefit . Which country has the most shale gas reserves outside of the United States and China?
 

Coal outlook promising for investors

Shares of these companies can be had at bargain prices relative to historical levels . Earlier, I talked about the 25-year outlook for liquid fuels based on the Energy Information Administration's (EIA) International Energy Outlook 2011. It's the EIA's annual 25-year energy forecast, and it contains important information for investors who are considering an investment in the energy sector.
 

Oil prices rally with soaring shares

Crude oil prices rallied Wednesday in parallel with stocks on the back of a significant, unexpected drop in US oil stockpiles.
 

Oil slides $4 on economic gloom, dollar

LONDON (Reuters) - Oil prices fell by more than $4 a barrel on Thursday, with U.S. futures touching $81.86 barrel as a combination of signals heightened worries about global economic growth and a rallying U.S. dollar added to downward momentum.
 

World oil demand to hit 112.2 million bpd in 2035: EIA

WASHINGTON (Reuters) - Despite rising oil prices, global petroleum use is expected to be stronger over the next two decades than previously estimated, the U.S. government said on Monday.
 

This year's biggest opportunity for energy investors

"I think it's a no-brainer to conclude oil could fall down to $70 per barrel" . Let me paint you a picture...
 

60 percent Gulf of Mexico oil output shut by Lee: U.S.

HOUSTON (Reuters) - More than half of crude oil output in the Gulf of Mexico was shut in on Sunday as Tropical Storm Lee hindered efforts to restaff and restart oil and gas platforms in the basin.
 

Shale gas could make S.African energy self-sufficient: Shell

Anglo Dutch energy giant Shell said Thursday that shale gas could potentially meet South Africa's future energy needs if controversial "fracking" drilling uncovered large deposits.
 

Oil firms start U.S. Gulf evacuations due to weather

HOUSTON (Reuters) - BP Plc on Wednesday became the first major oil producer to say it was evacuating some workers from Gulf of Mexico oil and gas platforms because of a tropical disturbance that could become a named storm this week.
 

What really drives crude oil prices?

Seven key factors that each contribute to and have an influence on the spot price . According to the U.S. Energy Information Administration, there are seven key factors that each contribute to and have an influence on the spot price of crude oil.
 

Oil companies watch for possible Gulf of Mexico storm

HOUSTON (Reuters) - U.S. oil companies were monitoring a developing weather system in the western Caribbean Sea that some weather forecasters say may develop late this week into a tropical storm in the northwestern Gulf of Mexico, home to the U.S. offshore oil patch.