Tag: forecasts/projections
Fuel economy regs will drive oil consumption, CO2 emissions – EIA
CO2 emissions reflect effects of economic growth, consumer behavior, energy prices, and government policies American fuel economy standards for light to heavy duty vehicles could have a significant effect on future petroleum demand and carbon dioxide emissions, according to the US Energy Information Administration. The EIA’s Annual Energy Outlook 2017, released in January, explores several factors affecting […]
Crude oil prices expected to increase slightly through 2017-2018
EIA forecasts US crude oil production increase to 9.0 million b/d in 2017 and 9.3 million b/d in 2018 The US Energy Information Administration’s January Short-Term Energy Outlook (STEO) forecasts benchmark North Sea Brent and West Texas Intermediate (WTI) crude oil prices to average $53 per barrel (b) and $52/b, respectively, in 2017, close to […]
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