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EIA forecasts U.S. crude oil production in the U.S. Federal Gulf of Mexico (GOM) to increase in the next two years, according to the latest Short-Term Energy Outlook (STEO). By the end of 2022, 13 new projects could account for about 12% of total GOM crude oil production, or about 200,000 barrels per day (b/d).
In 2020, Georgia generated 5.8 million megawatthours (MWh) of electricity from biomass, or about 10% of the nation's total, the second most of any state according to EIA's Electric Power Monthly. Almost 5% of Georgia's in-state electricity generation in 2020 came from biomass, mostly wood and wood-derived fuels, a share that ranked sixth in the nation. Biomass accounted for nearly half of Georgia's total renewable electricity generation in 2020.
Based on data in EIA's Monthly Energy Review, energy-related carbon dioxide (CO2) emissions decreased by 11% in the United States in 2020 primarily because of the effects of the COVID-19 pandemic and related restrictions. U.S. energy-related CO2 emissions fell in every end-use sector for the first time since 2012.
In EIA's April Short-Term Energy Outlook (STEO), we expect vaccinations and fiscal stimulus to support continuing economic recovery and drive demand growth for petroleum products in the United States. We also expect gasoline and distillate fuel consumption to increase from last summer (April through September) but remain less than in 2019.
On April 1, the National Oceanic and Atmospheric Administration's Northwest River Forecast Center (NWRFC) released its latest water supply forecast for the 2021 water year, which runs through September. The forecast shows near-average water supply in the northern half of the Columbia River Basin and below-average supply in the southern half. Abnormal to severe drought, particularly in Oregon, affected some regions in the southern half of the Columbia River Basin. Overall, EIA expects the forecast of near-to-below normal water supply across the region to decrease the electricity generated from hydropower this summer.
The USCGG announced Wednesday that it had recovered one unresponsive person and that it was continuing to search for 12 missing people from a capsized commercial lift vessel south of Port Fourchon.
Oil was steady in Asia after jumping almost five percent on Wednesday as U.S. stockpiles data added to signs the demand outlook is improving.
Oil broke out of a weeks-long holding pattern Wednesday.
The former head of a major U.S. shale driller is eyeing more investments in the energy transition.
The U.S. Coast Guard and multiple 'good Samaritan vessels' have rescued six people from a capsized commercial lift vessel in the U.S. Gulf of Mexico, the USCG revealed Tuesday.