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. Active Trading

    Oil And Gas Industry Primer

  2. Options & Futures

    Fueling Futures In The Energy Market

  3. Personal Finance

    6 Ways To Save On Your Utility Bill

  4. Economics

    What's the lowest year-over-year inflation ...

Hot Definitions
  1. Capitulation

    When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into ...
  2. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  3. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  4. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  5. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  6. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
Trading Center