Price of Natural Gas Futures Up 140% Year-over-Year: One More Reason for Inflation to Not Back off Easily by Wolf Richter • Mar 10, 2025 • 99 Comments Natural gas accounts for 42% of electricity generation. It’s feedstock for fertilizers. It’s widely used for heating. And 19% was exported in 2024.
U.S. Demand for Gasoline Faces Long-Term Structural Problem: Plunging Per-Capita Consumption by Wolf Richter • Mar 4, 2025 • 143 Comments Even as miles driven inched to a record and the population surged, gasoline consumption in 2024 was where it had been 20 years ago.
U.S. Production & Exports of Crude Oil & Petroleum Products Hit New Record in 2024, Imports Dipped Further, SPR Refilling Halted in February by Wolf Richter • Mar 4, 2025 • 55 Comments The new mantra among frackers: “Discipline” to not trigger another oil-price collapse through overproduction. Drill Baby Drill, but not too fast.
Drill-Baby-Drill for 20 Years: US Natural Gas Production and Exports via LNG & Pipeline Rose to New Records in 2024 by Wolf Richter • Mar 2, 2025 • 72 Comments Prices rose from the collapsed levels in the prior year and are back where they’d been in 1996, down by 70% from the peak in 2005.
Demand for Electricity Takes Off. US Power Generation by Source in 2024: Natural Gas, Coal, Nuclear, Wind, Hydro, Solar, Geothermal, Biomass, Petroleum by Wolf Richter • Feb 27, 2025 • 112 Comments Amid surging demand from data centers (AI, cloud, crypto) and increasing share of EVs.
Collapse of the Solar Stocks by Wolf Richter • Jan 23, 2025 • 133 Comments This is about stock market craziness, not about solar power.
Side Effect of US Oil & Gas Boom: Record Ethane Production & Exports by Wolf Richter • Apr 3, 2024 • 45 Comments Production, consumption by the US petrochemical industry, and exports all hit records, and the price collapsed.
US Coal Production, Consumption, Exports & Imports in 2023: Consumption Plunges to Lowest since 1963. But Exports Rise by Wolf Richter • Apr 1, 2024 • 61 Comments Use of coal in power generation fades. Cheap US natural gas has been hard to beat for 15 years.
Gasoline Demand Has a Long-Term Structural Problem in the US: Plunging Per-Capita Consumption by Wolf Richter • Mar 7, 2024 • 215 Comments In 2023, gasoline consumption was where it had been 20 years ago, even as miles driven hit a record, on more efficient ICE vehicles and the shift to EVs.
Production & Exports of Crude Oil & Petroleum Products Soar to Record in 2023, SPR Gets Refilled (Slowly) by Wolf Richter • Mar 4, 2024 • 65 Comments US oil production boom has dramatically changed global energy dynamics.
