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Energy Information Administration
January 11, 2016
EIA: US shale output to fall by 638,000 bpd in Feb. from March peak
NEW YORK -- U.S. shale oil production is expected to fall for a seventh month in a row in February, declining at about the same rate as the month before as drillers manage to eke out a few more barrels from each new well, U.S. data showed on Monday. Total output was set to decline...
January 11, 2016 - 2:23pm
October 27, 2015
Forget VW: Oil slump more to blame for weak U.S. diesel demand
NEW YORK -- Long before Volkswagen's emissions scandal spelled bad times for diesel, U.S. consumption of the fuel was bafflingly weak. Despite surprisingly robust economic growth, rising truck cargo, and pump prices that fell to parity with gasoline for the first time in six years,...
October 27, 2015 - 10:49am
September 5, 2015
Report lists possible effects of lifting oil export ban
North Dakota’s members of Congress reacted favorably to a new report released Tuesday by the U.S. Energy Information Administration that lifting a decades-old crude oil export ban wouldn’t cause a rise in domestic gasoline prices if American oil enters the international market....
September 5, 2015 - 4:26pm
July 13, 2015
Federal agency head urges states’ lawmakers to plan for oil price uncertainty
BISMARCK – State legislators should plan for a wide range of crude oil prices in the next year, the head of the federal government’s Energy Information Administration told hundreds of lawmakers gathered this week in North Dakota, a state well-versed in the volatility of oil tax...
July 13, 2015 - 5:56pm
April 17, 2015
US proposes higher royalty rates for drilling federal land
WASHINGTON - The U.S. government would get a larger share of oil and gas revenue from federal land under a proposal announced by the Interior Department on Friday. The federal government is entitled to a 12.5 percent share of fossil fuels sold from federal land, chiefly in Western...
April 17, 2015 - 7:36pm
April 1, 2015
New rail data highlights how much ND crude heads east
WILLISTON, N.D. – North Dakota sends more oil by rail to East Coast refineries than all other areas of the country combined, says new data...
April 1, 2015 - 7:53pm
May 23, 2014
EIA cuts estimates on California shale
NEW YORK — The U.S. Energy Information Administration on Wednesday cut its estimate of recoverable oil in California’s Monterey shale by 96 percent, casting doubt on what was once thought to be America’s next major energy play. In what could be welcome news for environmentalists...
May 23, 2014 - 8:37pm
May 22, 2014
EIA cuts estimates on California shale’s recoverable oil
NEW YORK —The U.S. Energy Information Administration on Wednesday cut its estimate of recoverable oil in California’s Monterey shale by 96 percent, casting doubt on what was once thought to be America’s next major energy play. In what could be welcome news for environmentalists...
May 22, 2014 - 3:07pm
November 15, 2013
Total Bakken output projected to top 1M barrels in December
WILLISTON, N.D. – Bakken oil production in North Dakota and Montana is projected to top 1 million barrels of oil per day in December, according to the U.S. Energy Information Administration. The Bakken region now accounts for a little more than 10 percent of total U.S. oil production,...
November 15, 2013 - 12:01pm
November 13, 2013
Oil output outstrips imports in major milestone
NEW YORK - U.S. crude oil production in October exceeded imports for the first time in nearly two decades, starting a trend that is likely to continue for the foreseeable future as the country benefits from one of the biggest oil booms in history. The Energy Information Administration...
November 13, 2013 - 4:50pm