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U.S. proved reserves of natural gas up in 2016, oil reserves remained unchanged

(Thu, 15 Feb 2018) The United States had 341.1 trillion cubic feet (Tcf) of natural gas proved reserves as of the end of 2016, an increase of 5% from 2015, according to EIA’s recently released <em>U.S. Crude Oil and Natural Gas Proved Reserves</em> report. U.S. crude oil and lease condensate proved reserves remained virtually unchanged from their 2015 level, at 35.2 billion barrels.

Capital investment in upstream oil and natural gas industries

(Thu, 15 Feb 2018) The <em>International Energy Outlook 2017</em> anticipates a large increase in oil and natural gas production with many large, capital-intensive projects that will come online after 2025 to meet rising demand. This Issues in Focus paper discusses recent trends in the upstream oil and natural gas markets; explains how these trends are reflected in IEO2017; and covers some of the uncertainties surrounding the projections.

U.S. imports of solar photovoltaic modules mainly come from Asia

(Wed, 14 Feb 2018) Solar photovoltaic (PV) module imports into the United States have increased significantly in recent years and represent a sizable portion of installed solar capacity. In 2016, U.S. imports of solar modules measured in direct current (DC) totaled 13 gigawatts (GWDC)—up from 2 GWDC in 2010—with two-thirds of 2016 imports coming from Malaysia, China, and South Korea.

The United States is projected to become a net energy exporter in most AEO2018 cases

(Mon, 12 Feb 2018) EIA projects that the United States will become a net energy exporter in 2022 in the newly released <em>Annual Energy Outlook 2018</em> (AEO2018) Reference case, primarily driven by changes in petroleum and natural gas markets. The transition from net energy importer to net energy exporter occurs even earlier in some sensitivity cases that modify assumptions about oil prices or resource extraction

U.S. energy-related CO2 emissions expected to rise slightly in 2018, remain flat in 2019

(Thu, 08 Feb 2018) EIA estimates that U.S. energy-related carbon dioxide (CO2) emissions declined by 861 million metric tons (14%) from 2005 to 2017. In the latest <em>Short-Term Energy Outlook</em>, EIA projects that CO2 emissions will rise 1.8%, from 5,143 million metric tons in 2017 to 5,237 million metric tons in 2018, then remain virtually unchanged in 2019. In 2019, energy-related CO2 emissions will be about 13% lower than 2005 levels.

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