Us Energy Information Administration
Recent News About Us Energy Information Administration
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EIA expects 'higher wholesale electricity prices this winter in every region of the country' as Pennsylvanians will spend 62% more for electricity this winter
The U.S. Energy Information Administration (EIA) released data for its short-term energy outlook last week, bringing grim news to Americans as colder months approach. Limited natural gas production combined with a higher demand for natural gas has left no choice but for prices to rise. The data reveals significantly higher wholesale electricity prices are expected this winter in all supply regions analyzed. In Pennsylvania, residents can expect to spend over 60% more on electricity this year than they did last year.
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Peek: Pennsylvania's record-high natural gas prices tied to Biden's 'war on American energy'
Liz Peek, an opinion contributor at TheHill.com, said the country's record-setting natural gas prices can be traced to the Biden administration's push for alternative energy and efficiency and what many conservatives call a "war on American energy."
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Republican political consultant: 'National electricity rates are through the roof under President Biden's failed leadership'
Temperatures have hit extreme levels in many areas this summer, which has required households to be running their air conditioning constantly to keep cool, including in Pennsylvania, where temperatures have reached 90 degrees and above.
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Misery at the pumps: Pennsylvania misery index stands at $717 as Biden admits Putin not to blame
Gas prices across the country have continued to decline slightly in the last week, but Americans are still facing misery at the pump.
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Biden to oil companies: 'Bring down the price you are charging at the pump'
Gas prices continue to be a problem all around the world and in the U.S., prices are still close to $5 per gallon, without much of an end in sight.
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DeSantis: 'We need real energy policy solutions from the Biden administration so Americans can stop paying $5 for a gallon of gas'
The increase in gasoline prices may have slowed in the last week but Americans are still paying an additional $1,000 more a year on gasoline alone.
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EIA: 'The U.S. average retail price of regular gasoline was $4.59 per gallon, the highest inflation-adjusted (real) price since 2012'
It's a miserable Memorial Day milestone for Pennsylvania drivers: The highest inflation-adjusted gasoline prices in the last decade.
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Heisenberg Report on electricity prices: ‘Biden now owns the second-largest monthly increase’
As inflation remains a financial burden on American households, the cost of electricity is rising the fastest it ever has since 2008 leading many Americans to blame Pres. Joe Biden.