Energy Information Administration - EIA

AAA

DEFINITION of 'Energy Information Administration - EIA'

A government agency formed in 1977 as an advisor to the U.S. Department of Energy. The EIA is responsible for objectively collecting energy data, conducting analysis and making forecasts. EIA's reports contain information regarding important energy-related factors such as future energy inventories, demand and prices. Its data, analysis and reports are available online to both members of the public and the private sector.

INVESTOPEDIA EXPLAINS 'Energy Information Administration - EIA'

One of the most renowned reports published by the EIA is called This Week In Petroleum. This report is released every Wednesday and contains commentary regarding changes in inventory, demand and other data for crude oil and other petroleum products (such as gasoline, distillates and propane). Usually, when this report shows unexpected inventory changes in crude oil and gasoline, it causes a ripple effect across the market, increasing or decreasing what consumers pay at the gas pumps.

RELATED TERMS
  1. Natural Gas Storage Indicator - ...

    The U.S. Energy Information Administration (EIA) weekly estimate ...
  2. Tier 1 Spill

    One of the three categorized levels of oil spills. Tier 1 spills ...
  3. Tier 2 Spill

    The second of the three types of oil spills as categorized by ...
  4. EIA Petroleum Status Report

    A report published every Wednesday by the Energy Information ...
  5. American Clean Energy And Security ...

    A piece of legislation that was created in an attempt to establish ...
  6. Billions Of Cubic Feet Equivalent ...

    A natural gas industry term typically used to measure the amount ...
Related Articles
  1. Oil And Gas Industry Primer
    Active Trading

    Oil And Gas Industry Primer

  2. Fueling Futures In The Energy Market
    Options & Futures

    Fueling Futures In The Energy Market

  3. 6 Ways To Save On Your Utility Bill
    Personal Finance

    6 Ways To Save On Your Utility Bill

  4. Are Oil Prices Helping Or Affecting ...
    Economics

    Are Oil Prices Helping Or Affecting ...

Hot Definitions
  1. Debit Spread

    Two options with different market prices that an investor trades on the same underlying security. The higher priced option ...
  2. Leading Indicator

    A measurable economic factor that changes before the economy starts to follow a particular pattern or trend. Leading indicators ...
  3. Wage-Price Spiral

    A macroeconomic theory to explain the cause-and-effect relationship between rising wages and rising prices, or inflation. ...
  4. Accelerated Depreciation

    Any method of depreciation used for accounting or income tax purposes that allows greater deductions in the earlier years ...
  5. Call Risk

    The risk, faced by a holder of a callable bond, that a bond issuer will take advantage of the callable bond feature and redeem ...
  6. Parity Price

    When the price of an asset is directly linked to another price. Examples of parity price are: 1. Convertibles - the price ...
Trading Center