We released new data on the electric power sector's coal transportation costs. The release incorporates final data for 2024 from Form EIA-923, which we collect from electric power plant owners and operators. The data release includes tables with costs, in nominal and real (2024) dollars, across regions, states, and modes of transportation.
U.S. marketed natural gas production reached a new record in 2025, growing by 5.3 billion cubic feet per day (Bcf/d) to average 118.5 Bcf/d, according to our latest Natural Gas Monthly. Three regions—Appalachia, Permian, and Haynesville—accounted for 67% of the total marketed gas production in the United States in 2025 and for 81% of the growth last year.
Electricity demand has been rising steadily since 2020 after more than a decade of little change. Between 2020 and 2025, U.S. electricity demand, as measured by net energy for load, grew about 1.7% annually compared with 0.1% annual growth between 2005 and 2019. Electricity use by data centers is driving the electricity demand growth. Continued development of these large computing facilities and growth from expanded industrial use of electricity are likely to continue driving growth in U.S. electricity demand in the near term. In this analysis, we explore the potential impact of faster-than-expected electricity demand growth, while assuming the same future generating capacity as the February Short-Term Energy Outlook (STEO).
Annual U.S. crude oil exports in 2025 decreased 3% from 2024, the first annual decrease since 2021. Exports decreased to Europe and the Asia and Oceania region, the two top regional destinations for U.S. crude oil. Despite fewer crude oil exports, U.S. crude oil imports decreased by more. Overall, U.S. net imports of crude oil—total imports minus total exports—decreased from 2.5 million barrels per day (b/d) in 2024 to 2.2 million b/d in 2025.
In 2025, exports of major petroleum-based transportation fuels, including distillate fuel oil, motor gasoline, and jet fuel, averaged 2.4 million barrels per day (b/d), about the same as the previous year. Distillate fuel oil, commonly sold as diesel, accounts for more than half of these exports, and the entirety of the annual decrease. Exports of gasoline and jet fuel increased slightly in 2025 over 2024. As in previous years, Mexico was the most popular destination by volume for all three fuels, especially gasoline.
North America dropped six rigs week on week, according to Baker Hughes' latest North America rotary rig count.
A tanker laden with crude oil appears to have cleared the Strait of Hormuz and is now sailing to Pakistan, according to ship-tracking data.
In its latest short term energy outlook, the U.S. Energy Information Administration boosted its 2026 WTI average spot price forecast by $20 per barrel.
'United States Central Command executed one of the most powerful bombing raids in the History of the Middle East', U.S. President Donald Trump said.
Iran denied US President Donald Trump's assertion that it wants ceasefire talks, launching fresh attacks across the Persian Gulf and forcing a suspension of flights at Dubai's main airport.
