Recent cold snap results in fourth-largest withdrawal from underground natural gas storage
Recent cold snap results in fourth-largest withdrawal from underground natural gas storage

Colder-than-normal temperatures across much of the United States in mid-January increased natural gas consumption, resulting in the fourth-largest reported weekly withdrawal from natural gas storage in the Lower 48 states, according to our Weekly Natural Gas Storage Report (WNGSR). During the week ending January 24, 2025, stocks fell by 321 billion cubic feet (Bcf), which was nearly 70% more than the five-year (2020–24) average withdrawal for the same week in January. With withdrawals in January totaling nearly 1,000 Bcf, U.S. natural gas inventories are now 4% below their previous five-year average after being 6% above the five-year average at the start of the 2024-25 heating season, which began in November.

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02-10-2025

Natural gas-fired power plants have different owner types
Natural gas-fired power plants have different owner types

Natural gas-fired generating plants in the United States can be categorized by different ownership type, which can influence where individual plants are located, as well as how they operate and even the way fuel is purchased. Those different owners, through the investments they have made, have been instrumental in making natural gas the single-largest source used to generate electricity in the United States, with a 43% share of both capacity and energy output. EIA collects data for the different ownership types of natural gas-fired power plants.

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02-06-2025

Rarely used oil, coal helped power New England during recent cold snap
Rarely used oil, coal helped power New England during recent cold snap

Below average temperatures in the eastern United States during the week of January 19, 2025, resulted in high demand for electricity. On January 21 at 6:00 p.m. eastern time, ISO-New England (ISO-NE), the organization operating an integrated grid in Maine, Vermont, New Hampshire, Massachusetts, Rhode Island, and Connecticut, recorded peak hourly demand of 19,600 megawatts (MW). Although demand was elevated, it was lower than the 20,308 MW that ISO-NE forecast peak demand would be in its 2024/2025 winter assessment published on November 7, 2024. Temperatures were more moderate in New England than in the Midwest, which tempered electricity demand somewhat in New England.

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02-05-2025

U.S. coal exports reached a six-year record in June 2024
U.S. coal exports reached a six-year record in June 2024

Gross U.S. coal exports in June 2024 totaled 10 million short tons, the most in a month since October 2018, data from our Short-Term Energy Outlook data browser show. Annual average U.S. coal exports were 9.0 million short tons in 2024. U.S. coal exports have increased each year since 2020, when they averaged 5.8 million short tons amid the COVID-19 pandemic.

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02-04-2025

Natural gas spot prices fell across key regional trading hubs in 2024
Natural gas spot prices fell across key regional trading hubs in 2024

Average natural gas spot prices at most major trading hubs in the Lower 48 states declined in 2024 compared with 2023 in real terms, according to data from Natural Gas Intelligence.

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02-03-2025