Report: U.S. energy consumption, production and exports hit record highs in 2018
U.S. energy consumption, production and exports all reached record levels in 2018, according to the U.S. Energy Information Administration.
The United States produced a record amount of energy from various sources in 2018, reaching 96 quadrillion British thermal units — an 8% increase from 2017, EIA said.
The increase in production outpaced the 4% increase in U.S. energy consumption, which also reached a record high of 101 quadrillion Btu.
At the same time, U.S. energy exports increased 18% to a record high of 21 quadrillion Btu in 2018, reducing net energy imports into the United States to a 54-year low, EIA said.
In 2018, crude oil and natural gas accounted for 57% of all U.S. energy production, with crude oil production seeing an increase of 17% and natural gas an increase of 12% from 2017.
Energy production from renewable sources increased 4% from 2017, mostly because of growth in solar (22%), wind (8%) and biomass energy (2%), EIA said.
Nuclear electric power production remained virtually unchanged in 2018. Coal was the only energy production source to decrease in 2018, falling 2% from 2017 levels.
Total U.S. consumption of energy also increased from 2017 levels but at a slower pace than production.
Exports of crude oil and petroleum products made up 68% of all U.S. energy exports in 2018, accounting for most of the increase in total U.S. energy exports from 2017, EIA said.
Stephen Huba is a Tribune-Review staff writer. You can contact Stephen at 724-850-1280, [email protected] or via Twitter .