energy market

EIA Expects Less Electricity Demand this Summer

Dan Biofuels/Energy, This Land of Ours

You may use less electricity this summer, but that’s not necessarily completely good news. That’s coming up on This Land of Ours. The U.S. Energy Information Administration (EIA) expects a slightly cooler summer in 2023 will lead to less demand for air conditioning than in 2022. The result will slightly reduce overall electricity demand this summer. If you need heat …

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EIA Expects Continued High Energy Prices Through 2023

Dan Energy

The U.S. Energy Information Administration (EIA) forecasts that a variety of U.S. energy prices will remain historically high through 2023. The outlook includes oil, natural gas, coal, and electricity, as seen in EIA’s June 2022 Short-Term Energy Outlook. EIA Administrator Joe DeCarolis says, “Although we expect the current upward pressure on energy prices to lessen, high energy prices will likely remain prevalent in …