Cinco Energy's Top 5 Monthly Metrics - May 2023

What were the most interesting data points in the energy industry last month?

Find out in our latest edition of CINCO's Monthly Metrics.

102.9 quadrillion Btu:  The total primary energy production in the US, led by natural gas (36%), petroleum (31%), and renewable energy (13%). U.S. energy facts - data and statistics - U.S. Energy Information Administration (EIA)

210%: The required expansion of US solar and wind transmission lines to meet 2050 climate goals. The Report | Net-Zero America Project (princeton.edu)

38 Bcf/d: The forecasted average US natural gas consumption for this summer, the second-highest consumption rate on record. Short-Term Energy Outlook - U.S. Energy Information Administration (EIA)

$251MM: The size of a new DOE funding package for carbon capture and storage projects in seven states. Biden Administration Invests in Carbon Capture, Upping Pressure on Industry to Show Results (usnews.com)