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. Economics

    How does fracking increase oil production?

    Learn how fracking, the process of high-pressure oil and gas extraction, has tripled domestic oil production and reduced oil importation since the 1990s.
  2. Active Trading

    Oil And Gas Industry Primer

    Before jumping into this hot sector, learn how these companies make their money.
  3. Options & Futures

    Fueling Futures In The Energy Market

    The energy market influences every aspect of our lives, and these four options are its driving force.
  4. Personal Finance

    6 Ways To Save On Your Utility Bill

    Find out how to reduce your costs with these inexpensive tips.
  5. Mutual Funds & ETFs

    These Oil ETFs Offer Cheap, Easy Access

    Interested in investing in oil and the companies that extract and refine it? Here's a list of ETFs. Just be wary of fees.
  6. Investing

    What Is Hollywood Spending On Oscar Campaigns?

    Here's a look at how much Hollywood is spending this awards season to take home the gold at the 2015 Academy Awards.
  7. Chart Advisor

    3 Energy Related Stocks Poised For A Pop

    A sharp decline in energy prices have created an interested opportunity in several oil-and-gas related companies. Given the strong downtrends apparent on the charts, most traders would use recent ...
  8. Economics

    Sanctions & Falling Oil Prices Hit Ruble Hard

    Russia, through its aggressive actions, has brought upon itself sanctions which, coupled with falling oil prices, have adversely impacted its economy.
  9. Investing Basics

    What is the average return on equity for a company in the oil & gas drilling sector?

    Investing in the oil and gas drilling sector can be a profitable endeavor for some investors, but it is first necessary to understand the sector's average ROE.
  10. Economics

    Why is President Obama hesitant to approve the Keystone XL Pipeline project?

    Find out how President Obama's hesitancy over the Keystone XL pipeline project is motivated by political pressure from two opposing factions.

You May Also Like

Hot Definitions
  1. Commercial Paper

    An unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts receivable, inventories ...
  2. Federal Funds Rate

    The interest rate at which a depository institution lends funds maintained at the Federal Reserve to another depository institution ...
  3. Fixed Asset

    A long-term tangible piece of property that a firm owns and uses in the production of its income and is not expected to be ...
  4. Break-Even Analysis

    An analysis to determine the point at which revenue received equals the costs associated with receiving the revenue. Break-even ...
  5. Key Performance Indicators - KPI

    A set of quantifiable measures that a company or industry uses to gauge or compare performance in terms of meeting their ...
  6. Bank Guarantee

    A guarantee from a lending institution ensuring that the liabilities of a debtor will be met. In other words, if the debtor ...
Trading Center