...showed that consumer sentiment is at a nine-month low.The lag in fuel demand has caused both OPEC and the Energy Information Administration to cut their global oil demand outlook for the year. This comes at a time when U.S. oil output is at...
...again, but increased production, especially in the U.S., should keep supplies ample. The U.S. Energy Information Administration said this week that American production will grow next year by 900,000 barrels per day, the nation's...
...was among the biggest in a nearly two-month swoon that has slashed 23 percent off the price of oil.The Energy Information Administration said oil supplies grew by 2.9 million barrels last week. That surprised analysts who had expected a decline...
...the energy industry continues to store natural gas at a faster clip than Americans can consume it. The Energy Information Administration report said U.S. supplies expanded by 42 billion cubic feet last week. Analysts were expecting supplies...
...above $3.70 per gallon and analysts say they'll continue to squeeze budgets this year.The U.S. Energy Information Administration said this week that it expects the global thirst for oil to outpace the industry's ability to pump it...
...about $3.50 per gallon, or about a dollar higher than it was just one year ago. Earlier this year the Energy Information Administration projected that, due in part to the slowdown in federal permits being issued for drillers in the Gulf...
...who are taking advantage of solar technology that has become more efficient ? and more affordable.The Energy Information Administration estimates the number of panels installed in the U.S. more than doubled from 2009 to 2010 and will continue...
...That's down from an initial estimate of $3.95 and below 2008's record average of $3.80.The Energy Information Administration's revised forecast is encouraging news for the economy. Some economists blame high pump prices for so-so...
...climbed to the highest level in 22 years. Supplies grew last week by 2.1 million barrels, according to the Energy Information Administration. That's a bigger increase than analysts expected, and more could be on the way.Japan's Kyodo news...
...than a year ago, according to the U.S. Energy Information Administration, which this week reported a national average...a steady increase in crude oil."The Energy Information Administration's long-term outlook also calls for...