U.S. Energy Production Exceeds Consumption by Widest-Recorded Margin
U.S. energy production overshadowed consumption by 9 quadrillion British thermal units (quads) in 2023, according to an analysis released by the U.S. Energy Information Administration (EIA) on Wednesday that showed the widest margin in records dating back to 1949.
Energy production rose 4% to hit a record of nearly 103 quads in 2023, the analysis found, while energy consumption eased 1%.
WHY IT’S IMPORTANT
U.S. Energy Production Exceeds Consumption by Widest-Recorded Margin
