The U.S. Vitality Data Administration (EIA) expects U.S. pure gasoline, petroleum, and renewables consumption to rise in 2025, in line with figures despatched to Rigzone by the EIA this week.
The figures forecast that, this 12 months, U.S. pure gasoline consumption will hit 34.2 quadrillion British thermal models (Btu), U.S. petroleum demand will are available in at 35.0 quadrillion Btu, and U.S. renewables consumption will are available in at 9.2 quadrillion Btu.
In 2024, U.S. pure gasoline consumption was 34.1 quadrillion Btu, U.S. petroleum consumption was 34.7 quadrillion Btu, and U.S. renewables consumption was 8.6 quadrillion Btu, the figures revealed.
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Whole U.S. power consumption will are available in at 95.5 quadrillion Btu this 12 months, in line with the EIA figures, which highlighted that whole U.S. power demand got here in at 94.0 quadrillion Btu in 2024.
In 2026, whole U.S. power consumption will stay at 95.5 quadrillion Btu, the figures projected. U.S. pure gasoline demand will drop to 34.0 quadrillion Btu in 2026, in line with the EIA figures, which outlined that U.S. petroleum demand will keep at 35.0 quadrillion Btu and U.S. renewables consumption will rise to 9.6 quadrillion Btu subsequent 12 months.
The figures despatched to Rigzone by the EIA spanned from 2010 to 2026. Throughout this time, the most important U.S. pure gasoline demand determine is seen in 2025, the info confirmed. The biggest U.S. petroleum consumption determine was seen in 2018, at 36.9 quadrillion Btu, and the most important U.S. renewables consumption determine will probably be seen in 2026, the figures outlined. The biggest whole U.S. power demand determine was seen in 2010, at 97.6 quadrillion Btu, the EIA information confirmed.
In its newest quick time period power outlook (STEO), which was launched on February 11, the EIA projected that whole U.S. power consumption will are available in at 95.51 quadrillion Btu in 2025 and 95.46 quadrillion Btu in 2026.
This STEO forecast that whole U.S. power consumption will hit 25.04 quadrillion Btu within the first quarter of 2025, 22.21 quadrillion Btu within the second quarter, 24.10 quadrillion Btu within the third quarter, 24.17 quadrillion Btu within the fourth quarter, 24.69 quadrillion Btu within the first quarter of 2026, 22.32 quadrillion Btu within the second quarter, 24.24 quadrillion Btu within the third quarter, and 24.20 quadrillion Btu within the fourth quarter.
Beneath a “pure gasoline consumption” subhead within the EIA’s newest STEO, the EIA mentioned it expects “U.S. pure gasoline consumption by the tip of the winter heating season (February and March) to lower from January highs however to be greater than the five-year common”.
“The climate outlook for February, with various levels of above-normal and below-normal temperatures throughout the USA, brings uncertainty to our pure gasoline consumption forecast,” the EIA added.
Beneath a “U.S. petroleum product consumption” subhead in its newest STEO, the EIA mentioned it forecasts “there will probably be extra consumption of distillate gas oil and jet gas in the USA in 2025 and 2026 than in 2024”.
“Nevertheless, we count on U.S. motorists will devour about the identical quantity of gasoline in 2025 in contrast with final 12 months and can devour barely much less in 2026,” it added.
“These forecasts are pushed by assumptions of elevated manufacturing and trucking exercise for distillate gas oil, elevated air journey for jet gas, and a extra fuel-efficient automobile fleet for motor gasoline,” the EIA went on to state.
In its earlier STEO, which was launched in January, the EIA projected that whole U.S. power consumption would are available in at 95.12 quadrillion Btu in 2025 and 95.36 quadrillion Btu in 2026.
That STEO forecast that whole U.S. power consumption would hit 24.68 quadrillion Btu within the first quarter of this 12 months, 22.18 quadrillion Btu within the second quarter, 24.06 quadrillion Btu within the third quarter, 24.21 quadrillion Btu within the fourth quarter, 24.71 quadrillion Btu within the first quarter of subsequent 12 months, 22.26 quadrillion Btu within the second quarter, 24.16 quadrillion Btu within the third quarter, and 24.23 quadrillion Btu within the fourth quarter.
To contact the creator, electronic mail andreas.exarheas@rigzone.com
