Energy Information Administration

And all of that increases the United States.

U.S. EIA data shows it.

And it shows the big thing is other oils is what's going on.

So your glasses, things around you that are made from petroleum products, pharmaceuticals, clothing, everything, that's where the demand growth is coming from.

So when you forecast net gas, do you look at weather almanacs? What are the ingredients that goes into the forecast?

Well, it's more of inventory, supply and demand, new drilling, new facilities coming on to take it away, like all the new LNG facilities that are coming on.

And EIA has some great data on that.

So you can see from your own government, the Energy Information Administration, what they're seeing for takeaway capacity and what demand will be domestically.

It's not our opinion.

It's the EIA, the U.S. government's winter fuels outlook.

They expect heating bills overall to rise 21%, but that's for homes using heating oil.

They'll also rise a lot less, but still rise about 4% if you use electricity as your heat source.

But if you use natural gas, which is about half of U.S. households for heat, things look better.

The EIA says gas heating costs should fall about nine percent from last year and propane heat costs also dropping not by a lot but by about three percent again not a big amount but it is something especially considering how much overall energy costs have been going up joining us now michael stovall he is president ceo of suburban propane new jersey company publicly traded i don't want to focus as much on michael The company itself as the macro issue, because a lot of our viewers live in Maine, they live in New England, they're using heating oil.

Their bill is going to be out of their minds when they fill up their tanks this year.

How have propane costs stayed relatively consistent?

It borders Iran.

According to the US Energy Information Administration, about a fifth of the world's oil flows through this narrow waterway.

When tensions rise, oil prices usually spike on fear.

But a price built on talk can fall just as fast.

U.S. strategic reserves, already at their lowest level since 1982, faced another substantial draw to supply to a Louisiana refinery On Friday, the Department of Energy authorized an emergency exchange of up to 400,000 barrels for Phillips 66 Lake Charles Refinery following a temporary disruption.

The latest U.S. Energy Information Administration report, dated 16 October, shows strategic reserves down 30.8%.

or 125 million barrels from a year earlier.

There is a narrow window of a U.S.-Iran peace negotiation which will come with significant concessions by the U.S. that may be too attractive for the Iranians to resist, especially given the upper hand they may have just ahead of very crucial midterms.

supported by investment in port infrastructure, refining, manufacturing and liquefied natural gas exports.

According to the U.S. Energy Information Administration , a significant share of U.S. LNG export capacity is concentrated along the Texas Gulf Coast, where export terminals such as Corpus Christi and Freeport operate.

This infrastructure has expanded the country's LNG processing and export capacity, helping establish the United States as a major player in the global market.

Industrial growth has also increased the region's water requirements.

Diesel fuel was historically cheaper than regular gas, except during exceptionally cold winters when there was a greater demand for diesel and other heating oils.

But that trend started reversing in 2004, according to the US Energy Information Agency.

Aging attributes a higher diesel cost to these three factors.

Higher demand for diesel fuel, especially in Europe, China, India, and the United States.

It's not quite as catchy as putting on his purple tie, but he's going to put on his deep navy blue tie and tell us what the Fed is doing with interest rates and probably not much else because he doesn't want to give a ton of guidance on what the Fed's doing.

We also get EIA data on oil inventories on Wednesday.

Thursday...

PCE price index along with personal income and spending.