Insights from Cinco Energy Management Group

Cinco Energy's Top 5 Monthly Metrics - November 2023

Written by Camille Nichols | Dec 4, 2023 9:21:42 PM

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

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

35,354: The total number of acres included in the BLM’s recent Wyoming lease sale. US Launches Oil and Gas Lease Sales on the Eve of Climate Summit

3%: The forecasted decrease in CO2 emissions by the US energy sector in 2023, compared to last year. EIA: Today in Energy

44%: The average annual rate of installed solar capacity in the US from 2009 – 2022. In 2024, annual solar power generation is expected to surpass annual hydropower generation for the first time. EIA: Today in Energy

1.6 MM: The increase, in barrels, of US commercial crude oil stockpiles for the week ending November 24. The increase surpassed analysts' estimate of a 900,000-barrel rise. U.S. Crude Oil Inventories Increased More Than Expected

3.5 MW: The amount of power supplied to the Nevada power grid by 3 Google-backed geothermal wells. New Google Geothermal Electricity Project Could Be a Milestone for Clean Energy