Tag: forecasts/projections
Natural gas to be largest source of US electricity generation this summer
Electricity generation for summer 2006, 25% came from natural gas, 46% from coal The US Energy Information Administration expects that electricity generation fueled by natural gas this summer (June, July, and August) will be lower than last summer, but it will continue to exceed that of any other fuel, including coal-fired generation, for the third summer […]
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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