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Gas prices will fall in the next 2 years as global oil supply outpaces demand, EIA says
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up output from record levels, the EIA said.
EIA expects oil prices to be under pressure from oversupply in 2025, 2026
Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in its Short-Term Energy Outlook report.
EIA Expects 2025 Crude-Oil Prices to Retreat After a Strong Start
"Following some initial upward price pressure in early 2025, we expect that crude-oil prices will generally decline from mid-2025 through the end of 2026 as growth in global oil production outpaces growth in oil demand,
2h
US drillers cut oil and gas rigs to lowest since December 2021, Baker Hughes says
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest ...
1d
on MSN
Wright wants to increase domestic energy production, says 'there isn't dirty energy and clean energy'
Chris Wright laid out his priorities, such as restoring "energy dominance," increasing innovation and cutting red tape, ...
Hosted on MSN
3h
AI Demand Sparks Opportunities for These 3 Nuclear Energy Leaders
Demand for energy has never been higher—the U.S. Energy Information Administration estimated that the United States' total ...
3d
Tariffs Failed Before And Will Hurt American Energy Companies
Donald Trump promises to impose tariffs on the European Union if it does not purchase American-produced liquefied natural gas ...
2d
How the US energy grid is straining from data centers, crypto mining goliaths
The United States is facing a major challenge in the not-too-distant future as big technology companies and cryptocurrency ...
Columbia Daily Tribune
19h
Here's how much Midwest region gas prices fell from last week
Here's a look at how weekly regional gas prices changed in the Midwest last week compared with the week prior.
2d
on MSN
U.S. Crude Oil Stockpiles Extend Decline
U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while ...
26d
U.S. Energy Dominance Continues: Another Annual Oil Production Record
Explore how U.S. oil production reached record highs in 2024, driven by innovation, global demand, and the resilience of the energy sector amid evolving challenges.
10d
on MSN
High energy costs continue to effect Michiganders
Michigan ranks one of the most-expensive states in the nation for electricity costs, as the electrical grid in the state also ...
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