Tag: EIA

Author | Legal Icon | Energy Expert
15th February 2022

Europe’s Dependence on Natural Gas Imports Reaches 80%

The European Union and the United Kingdom's reliance on natural gas imports have increased from 65% in 2010 to 80% in 2020, according to the US Energy Information Administration (EIA)....
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14th January 2022

EIA Predicts Oil Prices Will Drop in 2022 and 2023

The US Energy Information Administration (EIA) warned in its January Short-Term Energy Outlook (STEO) that global inventory building owing to supply growth surpassing demand growth will push oil prices lower...
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9th December 2021

EIA Revises 2021 and 2022 Oil Forecasts Following Emergence of Omicron

The COVID19 Omicron variant poses a risk to global oil demand, according to the US Energy Information Administration (EIA), which slashed its global oil consumption predictions for 2021 and 2022....
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