financetom
Business
financetom
/
Business
/
US exported 30% of its primary energy output in 2024, says EIA
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US exported 30% of its primary energy output in 2024, says EIA
Aug 12, 2025 7:41 AM

(Reuters) -The United States exported about 30% of its domestic primary energy production last year, a significant increase over recent decades, the Energy Information Administration (EIA) said on Tuesday. 

Of the record 103 quadrillion British thermal units (quads) of total primary energy produced in the U.S., a record 31 quads were exported, the EIA added. 

The agency said that nearly all of these exports were fossil fuels, destined for other countries in North America, Europe, or Asia.

In 2024, the U.S. exported 55% of its domestic production of crude oil and natural gas plant liquids (NGPL), around 20% of its dry natural gas output, and approximately 25% of its coal production.

EIA highlighted that energy production not exported is not necessarily equivalent to domestic consumption, as it also includes energy imports and withdrawals from storage.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
B. Riley Financial to Cut Debt by $12 Million Via Bond Exchange Deal
B. Riley Financial to Cut Debt by $12 Million Via Bond Exchange Deal
Apr 7, 2025
11:40 AM EDT, 04/07/2025 (MT Newswires) -- B. Riley Financial ( RILY ) said Monday it entered into an exchange agreement with an institutional investor that will reduce its outstanding debt by about $12 million. The investor agreed to exchange roughly $22 million in outstanding senior notes for $10 million in newly issued 8% senior secured second lien notes due...
Top banking chiefs held talks over Trump tariff fallout, sources say
Top banking chiefs held talks over Trump tariff fallout, sources say
Apr 7, 2025
(Reuters) - The CEOs of some of the top global banks, including JPMorgan Chase and Bank of America, held a call on Sunday to discuss the repercussions of the hefty tariffs unveiled by President Donald Trump, sources familiar with the matter said. The call was convened by the Bank Policy Institute, a trade association representing large U.S. lenders, two of...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
US Consumer Lenders Seen Facing Higher Defaults, Slower Growth, Morgan Stanley Says
US Consumer Lenders Seen Facing Higher Defaults, Slower Growth, Morgan Stanley Says
Apr 7, 2025
11:38 AM EDT, 04/07/2025 (MT Newswires) -- US consumer-finance companies face the prospects of higher customer defaults and slower growth as the Trump administration's hardline view on tariffs drives up recession risks, Morgan Stanley said Monday in a report. Unless we see a dramatic de-escalation in trade talks, a multitude of headwinds may emerge, pressuring credit and growth fundamentals for...
Copyright 2023-2026 - www.financetom.com All Rights Reserved