Latest Energy Information Administration Stories
By Tom Doggett WASHINGTON (Reuters) - The U.S. economy will face a tough winter due to high energy prices caused partly by a disruption in oil and natural gas supplies from Hurricane Katrina, U.S. Energy Secretary Sam Bodman warned on Thursday. "There is no doubt that this is going to be a very tough winter season for the American economy (and) for American homeowners," Bodman said in an interview on the "Fox & Friends" television news program. The Energy Information Administration...
By Tom Doggett WASHINGTON (Reuters) - The U.S. has lost production of about 42 million gallons of gasoline a day, equal to 10 percent of its normal consumption, because Hurricane Katrina shut down oil refineries and forced others to reduce runs, according to government estimates. Nine major oil refineries remained offline in Louisiana and Mississippi and several other facilities had reduced output. That cut about 2 million barrels per day (bpd) of U.S. refining capacity, which equals...
By Tom Doggett WASHINGTON (Reuters) - The U.S. has lost production of about 42 million gallons of gasoline a day, equal to 10 percent of its normal consumption, because Hurricane Katrina shut down oil refineries and forced others to reduce runs, according to government estimates. Nine major oil refineries remained offline in Louisiana and Mississippi and several other facilities had reduced output. That cut about 2 million barrels per day (bpd) of U.S. refining capacity, which equals...
By Christopher Doering WASHINGTON (Reuters) - U.S. motorists should prepare to paymore at the pump over the Fourth of July holiday, after agovernment survey on Monday showed gasoline prices rose for thefourth straight week, nearing an all-time high set April. The national average pump price for regular unleadedgasoline rose 5.4 cents to $2.215 a gallon, up 29.4 cents froma year ago, according to the latest weekly survey of more than800 service stations by the Energy Information...
