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Sinopec News Network, according to today’s oil prices website, May 6 news.
According to EIA’s Monthly Energy Review, last year’s energy production in the United States fell to just under 96 trillion British thermal units (quads), a 5% drop from the record output in 2019.
EIA calculates and compares different types of energy reported in different physical units (such as barrels or cubic feet) by converting energy into ordinary thermal units (Btu).
EIA said earlier this year that due to a sharp drop in drilling activities due to low oil prices, U.
In 2020, the average U.
According to EIA estimates, less than two months after U.
The US EIA said that last year, US coal production also set the largest annual decline in record, a drop of 25%, less than 11 trillion British thermal units.
Natural gas production also fell by 0.
However, EIA said that due to the increase in wind and solar power generation, US renewable energy production increased by 2% in 2020, reaching a record 11.
Wang Lei excerpted from today's oil prices
The original text is as follows:
US Energy Production Saw Steepest Drop On Record In 2020
Due to economic responses to the pandemic, US energy production dropped by 5 percent last year, marking the steepest annual decline on record, the US Energy Information Administration (EIA) said on Thursday.
Last year, energy production in the United States fell to just below 96 quadrillion British thermal units (quads), a 5-percent decline from the record production in 2019, according to EIA's Monthly Energy Review.
The EIA calculates and compares different types of energy reported in different physical units such as barrels or cubic feet by converting sources of energy to common units of heat, called British thermal units (Btu).
Due to plunging drilling activity amid low oil prices, US crude oil production fell by nearly 1 million barrels per day (bpd) last year, registering the largest annual decline in history, the EIA said earlier this year.
In 2020, US crude oil production averaged 11.
Less than two months after American crude oil production reached a peak of 12.
US coal production also booked its largest annual decline on record last year, falling by 25 percent to less than 11 quads, the EIA said today.
Natural gas production also dropped in 2020, by 0.
6 quads, or by 2 percent.
US renewable energy production, however, rose by 2 percent to a record-high 11.
8 quads in 2020, due to higher electricity generation from wind and solar, the EIA said.
