Energy Minerals Observatory: The data deficits in critical supply chains
Energy Minerals Observatory: The data deficits in critical supply chains

Critical minerals, such as copper, cobalt, and silicon, are vital for energy technologies, but most critical minerals markets are less transparent than mature energy markets, such as crude oil or coal. Like other energy markets, many supply-side and demand-side factors influence pricing for these energy-relevant critical minerals, but critical minerals supply chains contain numerous data gaps.

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12-10-2025

Spark and dark spreads indicate improved profitability of natural gas, coal power plants
Spark and dark spreads indicate improved profitability of natural gas, coal power plants

Higher average daily wholesale electricity prices between January and November 2025 may be improving the operational competitiveness of some natural gas- and coal-fired generators in the PJM Interconnection compared with the same period in 2024. PJM is the largest wholesale electricity market in the United States. The spark and dark spreads, common metrics for estimating the profitability of natural gas- and coal-fired electric generators, have both increased over the past two years.

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12-08-2025

U.S. retail gasoline prices fall below $3 per gallon, the lowest since 2021
U.S. retail gasoline prices fall below $3 per gallon, the lowest since 2021

On December 1, 2025, the U.S. average retail price of regular gasoline fell below $3.00 per gallon (gal) to $2.98/gal, according to data from our Gasoline and Diesel Fuel Update. When adjusted for inflation, the December 1 price is the lowest average U.S. gasoline price since February 2021.

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12-05-2025

Geopolitical developments contribute to elevated diesel prices
Geopolitical developments contribute to elevated diesel prices

Global refinery margins for diesel have widened since late October and increased to their highest level all year, following refinery outages in Russia and in the Middle East and new sanctions on Russia's crude oil, leading to limited refinery production and a decreased global diesel supply. The impact was most pronounced in the Atlantic Basin, contributing to higher prices at the Amsterdam, Rotterdam, Antwerp (ARA) shipping hub, a key benchmark for European prices, as well as at New York Harbor and the U.S. Gulf Coast. The higher global prices also affected prices in the United States because U.S. refiners can sell into both domestic and international markets.

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12-03-2025

Hurricanes in 2024 led to the most hours without power in the United States in 10 years
Hurricanes in 2024 led to the most hours without power in the United States in 10 years

U.S. electricity customers experienced an average of 11 hours of electricity interruptions in 2024, or nearly twice as many as the annual average experienced in the decade before, according to our Electric Power Annual 2024 report. Major events such as Hurricanes Beryl, Helene, and Milton accounted for 80% of the hours without electricity in 2024.

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12-01-2025

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