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Asian Viewpoints

US energy production down 20% on year, largest decrease ever

According to a monthly review by the Energy Information Administration (EIA), US energy production was 95.8 quadrillion British thermal units (quads), down 5.4% in 2020 after reaching a record high in 2019. This was the largest drop in fuel production from EIA data. The fall was attributed to a reduction in economic activity due the COVID-19 outbreak.


Fossil fuel production largely declined. Crude oil production was down 8% from the last year and natural gas and coal production also fell by 2% and 25/% respectively on year. Production of crude oil and natural gas grew to record highs in 2019. Coal production in 2020 shrank to less than half the peak level in 1998. Further, the amount of byproduct gas including liquefied petroleum gas (LPG) produced along with natural gas increased by 7% from the previous year. On the other hand, renewable energy was the same as or increased from last year. Wind power and solar power generation increased by 14% and 23% respectively. Hydro and geothermal power generation was steady and biomass production was down 8%.

Singapore : Satoshi Hagimoto   +81-3-3552-2411Copyright © RIM Intelligence Co. ALL RIGHTS RESERVED.