‹ Analysis & Projections
Annual Energy Outlook 2012
Release Date: June 25, 2012 | Next Early Release Date: January 23, 2013 | Report Number: DOE/EIA-0383(2012)
Issues in focus
| 2020 | 2035 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Projection | 2010 | Reference | Low EUR | High EUR | High TRR | Reference | Low EUR | High EUR | High TRR |
| Henry Hub natural gas spot price (2010 dollars per million Btu) | 4.39 | 4.58 | 5.31 | 4.04 | 3.02 | 7.37 | 8.26 | 5.99 | 4.25 |
| Total U.S. natural gas production (trillion cubic feet) |
21.6 | 25.1 | 23.6 | 26.3 | 29.1 | 27.9 | 26.1 | 30.1 | 34.1 |
| Onshore lower 48 | 18.7 | 22.5 | 21.0 | 23.6 | 26.6 | 25.0 | 21.2 | 27.2 | 31.7 |
| Shale gas | 5.0 | 9.7 | 8.0 | 10.9 | 14.0 | 13.6 | 9.7 | 16.0 | 20.5 |
| Other natural gas | 13.7 | 12.8 | 12.9 | 12.7 | 12.6 | 11.3 | 11.4 | 11.2 | 11.1 |
| Offshore lower 48 | 2.6 | 2.3 | 2.4 | 2.3 | 2.2 | 2.7 | 3.1 | 2.6 | 2.3 |
| Alaska | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 1.8 | 0.2 | 0.2 |
| Shale gas production as percent of total U.S. natural gas production |
23 | 39 | 34 | 42 | 48 | 49 | 37 | 53 | 60 |
| Total net U.S. imports of natural gas (trillion cubic feet) |
2.6 | 0.3 | 0.5 | 0.2 | -0.2 | -1.4 | -1.2 | -1.7 | -2.4 |
| Total U.S. consumption of natural gas (trillion cubic feet) |
24.1 | 25.5 | 24.2 | 26.5 | 28.9 | 26.6 | 25.0 | 28.4 | 31.9 |
| Electric Power | 7.4 | 7.9 | 6.8 | 8.7 | 10.5 | 9.0 | 7.7 | 10.1 | 12.6 |
| Residential | 4.9 | 4.8 | 4.8 | 4.9 | 4.9 | 4.6 | 4.6 | 4.7 | 4.8 |
| Commercial | 3.2 | 3.4 | 3.4 | 3.5 | 3.6 | 3.6 | 3.5 | 3.7 | 4.0 |
| Industrial | 6.6 | 7.1 | 7.0 | 7.1 | 7.4 | 7.0 | 6.9 | 7.2 | 7.6 |
| Other | 0.0 | 2.3 | 2.2 | 2.3 | 2.5 | 2.4 | 2.4 | 2.6 | 2.8 |