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Energy & fuel costs
Fuel, electricity and natural gas news from the U.S. Energy Information Administration.
Updated Nov 10, 2026, 9:57 PM ET
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EIA raises November natural gas storage forecast after warm start to month
The U.S. Energy Information Administration (EIA) expects almost 70 billion cubic feet more natural gas to be in U.S. storage at the end of November than it forecast in October. A warm start to the month is easing pressure on natural gas…
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U.S. crude oil imports from Venezuela in July were highest since 2017
In July 2026, U.S. imports of crude oil from Venezuela averaged 701,000 barrels per day (b/d), the most since May 2017, before decreasing to 655,000 b/d in August, according to data published in our Petroleum Supply Monthly
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Refineries have shifted production away from gasoline to middle distillates
Particularly high refinery margins for distillate fuel oil and jet fuel have contributed to shifts in the refinery yields of major products in 2026. Data from our latest Petroleum Supply Monthly—which includes data through August…
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Global refinery inputs fell sharply in the second quarter of 2026 before modest recovery
Global crude oil refinery inputs fell by 4.8 million barrels per day (b/d) in the second quarter of 2026 (2Q26), or 6%, following the start of conflict in late February in the Middle East, according to data from Kpler. Throughput then…
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The share of solar generation with co-located battery storage is increasing
Utility-scale solar developers are increasingly co-locating battery storage with new solar photovoltaic capacity. As of September 2026, over 16% of new utility-scale solar capacity added this year is co-located with operable battery…
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LNG imports make up increasing share of Colombia's natural gas supply
Colombia is importing more liquefied natural gas (LNG) as domestic production continues to fall. A potential drought this fall and winter could limit the availability of hydroelectric generation and boost the country's demand for natural…
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U.S. refineries have been running at very high rates in 2026
The U.S. refinery fleet has run at higher-than-normal rates this year, with refinery utilization averaging more than 95% of capacity between May and September, the highest for those months since 1998. Tight global product supplies this…
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Hybrid sales rise while battery electric sales remain lower after tax credit expiration
In the third quarter of 2026 (3Q26), 23% of new light-duty vehicles sold in the United States were hybrid electric, battery electric, or plug-in hybrid electric vehicles, down slightly from 24% in 3Q25. Between 3Q25 and 3Q26, hybrid…
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U.S. small-scale solar generation has quadrupled in the last decade
We estimate that U.S. generation from small-scale or rooftop solar photovoltaic systems (smaller than 1 megawatt of capacity) has increased from 18,812 gigawatthours (GWh) to 92,979 GWh over the last decade. The four states with the…
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PJM, ERCOT, and SWPP all set peak load records this summer
Three regional transmission organizations (RTOs) set records for peak hourly load this past summer, according to data reported on Form EIA-930 and presented in the Hourly Electric Grid Monitor.
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Monthly wind generation in ISO-NE is about 68% higher than last year
Monthly wind generation in the first nine months of 2026 was an average of 68% higher compared with the same period in 2025 in ISO New England (ISO-NE).
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Mixed outlook for energy expenditures this winter
We expect energy expenditures this winter to vary because of diverging trends in energy prices among fuels and regional variation in forecast temperatures. We expect that lower prices for natural gas and propane will drive decreases in…
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EIA expects a mixed picture for winter fuel costs this year
In the 2026-27 Winter Fuels Outlook, released alongside the October Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) expects U.S. households that primarily heat with natural gas or propane - about half of…
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Crude oil prices and refinery margins generally increased throughout the third quarter
Petroleum markets in the third quarter of 2026 (3Q26) were characterized by increasing prices for crude oil and petroleum products amid persistent conflict in the Middle East.
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EIA expects record electricity generation in 2026 and 2027
The U.S. Energy Information Administration (EIA) expects U.S. electricity generation will grow 2.2% to a record 4,368 billion kilowatthours (BkWh) this year. EIA expects an additional 1.7% growth in electricity generation next year.
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EIA expects highest natural gas inventories in a decade heading into winter
The U.S. Energy Information Administration expects natural gas inventories will increase to 3,985 billion cubic feet (Bcf) in October, the most gas in inventories ahead of the winter heating season since 2016.