Press Releases from the Energy Information Administration
U.S. proved reserves of natural gas increase 5%, oil reserves remain level at year-end 2016
The United States had 341.1 trillion cubic feet (Tcf) of natural gas proved reserves as of December 31, 2016, an increase of 5% from 2015, according to U.S. Crude Oil and Natural Gas Proved Reserves, Year-end 2016, released today by the U.S. Energy Information Administration (EIA). U.S. crude oil and lease condensate proved reserves remained at 35.2 billion barrels at year-end 2016 (a slight net decline of 17 million barrels).
Robust energy production growth coupled with relatively flat U.S. demand support net energy exports in EIA's AEO2018
The United States has been a net energy importer since 1953, but AEO2018 projects the United Sates will become a net energy exporter by 2022 in the Reference case. In the AEO2018 sensitivity cases that incorporate assumptions supporting larger growth in oil and natural gas production or that have higher oil prices, this transition is projected to occur earlier.
Media Advisory: EIA presents updated long-term energy projections
EIA presents the findings of Annual Energy Outlook 2018 with projections of U.S. energy supply, demand, and prices, including cases that address alternative assumptions regarding U.S. economic growth rates, domestic energy resources and technology, and world oil prices.
Dr. Linda Capuano begins as new EIA Administrator
Dr. Linda Capuano began service today as the Administrator of the U.S. Energy Information Administration (EIA). As EIA's ninth administrator, Capuano is responsible for directing the Nation's primary energy statistical and analytical agency. She is the first woman appointed to the position.