Energy
Charted: 40 Years of Global Energy Production, by Country
Energy was already a hot topic before 2022, but soaring household energy bills and a cost of living crisis has brought it even more to the forefront.
Which countries are the biggest energy producers, and what types of energy are they churning out? This graphic by 911 Metallurgist gives a breakdown of global energy production, showing which countries have used the most fossil fuels, nuclear, and renewable energy since 1980.
All figures refer to the British thermal unit (BTU), equivalent to the heat required to heat one pound of water by one degree Fahrenheit.
Editor’s note: Click on any graphic to see a full-width version that is higher resolution
1. Fossil Fuels
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While the U.S. is a dominant player in both oil and natural gas production, China holds the top spot as the world’s largest fossil fuel producer, largely because of its significant production and consumption of coal.
Over the last decade, China has used more coal than the rest of the world, combined.
However, it’s worth noting that the country’s fossil fuel consumption and production have dipped in recent years, ever since the government launched a five-year plan back in 2014 to help reduce carbon emissions.
2. Nuclear Power
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The U.S. is the world’s largest producer of nuclear power by far, generating about double the amount of nuclear energy as France, the second-largest producer.
While nuclear power provides a carbon-free alternative to fossil fuels, the nuclear disaster in Fukushima caused many countries to move away from the energy source, which is why global use has dipped in recent years.
Despite the fact that many countries have recently pivoted away from nuclear energy, it still powers about 10% of the world’s electricity. It’s also possible that nuclear energy will play an expanded role in the energy mix going forward, since decarbonization has emerged as a top priority for nations around the world.
3. Renewable Energy
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Renewable energy sources (including wind, hydro, and solar) account for about 23% of electricity production worldwide. China leads the front on renewable production, while the U.S. comes in second place.
While renewable energy production has ramped up in recent years, more countries will need to ramp up their renewable energy production in order to reach net-zero targets by 2050.
This article was published as a part of Visual Capitalist's Creator Program, which features data-driven visuals from some of our favorite Creators around the world.
Oil and Gas
Mapped: The Gas Price in Every U.S. State
Oklahoma has the cheapest gas at $2.57 per gallon.
Mapped: The Gas Price in Every U.S. State
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
Average gas prices in the U.S. may drop below $3 per gallon this winter, marking the first time this has happened since May 2021.
This map illustrates the price of regular unleaded gasoline per gallon in each state, based on data from the American Automobile Association (AAA) as of November 2024.
Gas Prices Below Average in Most States
As of November 18, 2024, the national average price for regular unleaded gas was $3.071 per gallon, according to AAA.
- Gas prices are below the national average in 33 states.
- Oklahoma has the cheapest gas at $2.57 per gallon.
- Hawaii is the most expensive state, with prices at $4.57 per gallon.
Will Gas Prices Go Down?
Oil prices have been volatile following the U.S. presidential elections, driven by concerns about China’s weak economy and the potential for increased tariffs under the incoming Trump administration, which could dampen demand. Oil prices have dropped roughly 10% over the past month.
Gas Type | November 2024 | Change from Oct 2024 | Change from 1 year ago |
---|---|---|---|
Regular | $3.07 | -4% | -7% |
Mid-Grade | $3.54 | -4% | -7% |
Premium | $3.90 | -3% | -6% |
Diesel | $3.53 | -2% | -18% |
E85 | $2.48 | -5% | -9% |
Another factor is that gas stations are now selling winter-blend gasoline. These blends tend to be cheaper than the summer-grade version, as refineries replace alkylates with butane, a cheaper additive.
According to Yahoo Finance, Wall Street analysts widely project a decrease in oil prices in 2025, which could help lower gasoline prices further.
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