New report from Forbes

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The EIA's July energy report in pictures - Forbes

The U.S. Energy Information Administration (EIA) just released its July report which offers some intriguing insights into the state of America’s energy landscape. For our readers who are also visual learners, here are some highlights in infographic form. Currently, U.S. primary energy consumption, which means the consumption of all energy across all sectors in the country, is still dominated by fossil fuels. Oil and its refined products lead the pack. While the country has done an impressive job shrinking its petroleum imports and increasing domestic supply thanks to a boom in shale production, it still consumes some 21 million barrels per day (bpd) of petroleum. Compare this to number 2 China – a country of 1.4 billion – which consumes 13.5 million bpd. Natural gas, the second most widely used form of energy in the U.S. after oil, dominates the power sector. All in all, the U.S. energy landscape is changing – but it is still one dominated by fossil fuels. America’s oil and gas giants like ExxonMobil, Chevron, and Philips 66 will continue to prosper well into the next decade, even as renewable energy continues down its path of steady market penetration.