US EIA: Domestic production filled 84% of US energy demand in 2013

Posted on 03 June 2014

 

The US was able to produce energy to satisfy 84% of its total demand in 2013, which totaled 97.5 quads.

The US was able to produce energy to satisfy 84% of its total demand in 2013, which totaled 97.5 quads.

Total US energy production reached 81.7 quadrillion British thermal units (quads) in 2013, the US Energy Information Administration (EIA) reported this week. That is enough to satisfy 84% of total US energy demand, which totaled 97.5 quads last year. Unsurprisingly, natural gas was the largest domestically produced energy resource for the third year in a row, the agency reported.

The last significant rise in the ratio of domestic production to consumption occurred from 1978 to 1982. During that period, oil consumption declined in response to higher prices and changing policies, and production rose as oil started to flow from Alaska's North Slope. At the same time, domestic coal production was increasing.

The last significant rise in the ratio of domestic production to consumption occurred from 1978 to 1982. During that period, oil consumption declined in response to higher prices and changing policies, and production rose as oil started to flow from Alaska’s North Slope. At the same time, domestic coal production was increasing.

According to the EIA’s May Monthly Energy Review, fossil fuels, including natural gas, coal, crude oil and hydrocarbon gas liquids, accounted for more than three quarters of US energy production. In total, the United States consumed 97.5 quads of energy, 82% of which was fossil fuels. Renewable and nuclear energy made up 10% and 8%, respectively, of US energy consumption.

The portion of US energy consumption supplied by domestic production has been increasing since 2005, when it was at its historical low point of 69%. Since 2005, production of domestic resources, particularly natural gas and crude oil, has been increasing as a result of the application of new technologies. At the same time, reduced road travel, improved vehicle efficiency and competition among fuels for electric power generation have limited consumption of petroleum and coal.

 

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 18 September 2014

    Keithville Well Drilling to deploy new Schramm rig to Haynesville

    Keithville Well Drilling, a Louisiana-based drilling company, has purchased and accepted delivery of the Schramm T250XD, a land-based rig designed for shale drilling...

  • 18 September 2014

    Wild Well launches Singapore-based capping stack

    Wild Well Control, a Superior Energy Services company, has unveiled its new subsea capping stack, located in Singapore. It is part of Wild Well’s comprehensive emergency...

  • 15 September 2014

    US Treasury announces expanded sanctions with Russian companies

    US Treasury Secretary Jacob J. Lew has announced that persons operating within Russia’s defense and related materiel sector may now be subject to targeted sanctions…

  • 11 September 2014

    Cameron elects Scott Rowe as President and COO

    Scott Rowe will assume the newly created position of President and COO of Cameron, effective 1 October 2014. In his new role, he will report directly to Jack Moore, Chairman and CEO of the company...

  • 11 September 2014

    Statoil, GE and Ferus Natural Gas Fuels expand flare gas solution in Bakken

    A joint venture of GE and Ferus Natural Gas Fuels (Ferus NGF), along with Statoil plan to expand a pilot project to capture flare gas and use it to power up to six...

  • Read more news