Analysis & Projections

Current Issues & Trends See more ›

Winter residential electricity consumption expected to increase from last winter

electricity consumption/demand weather residential

Recent OPEC agreement reflected in EIA forecast issued earlier this week

oil/petroleum prices STEO Brent WTI OPEC

Heating oil expenditures expected to increase 38% this winter, but remain below normal

prices crude oil STEO distillate fuel heating oil Northeast

Composition of trade influences goods output, shaping industrial sector energy intensity

exports/imports AEO industrial AEO2016

World tight oil production to more than double from 2015 to 2040

production/supply AEO international United States Canada Mexico Russia tight oil IEO AEO2016 Australia Colombia

Renewables share of North America electricity mix expected to rise

electricity generation AEO international renewables nuclear United States Canada Mexico standards IEO AEO2016

Changes in steel production reduce energy intensity

AEO manufacturing AEO2016

Retail price of regular gasoline forecast to average $2.25 per gallon this summer

oil/petroleum liquid fuels prices gasoline STEO

EIA projects rise in U.S. crude oil and other liquid fuels production beyond 2017

oil/petroleum liquid fuels prices production/supply crude oil AEO United States biofuels NGL AEO2016

Clean Power Plan reduces projected coal production in all major U.S. supply regions

AEO coal standards AEO2016

Extended policies case shows reduced energy use, emissions, more renewables, efficiency

electricity AEO emissions wind solar efficiency standards AEO2016

Proposed standards for medium- and heavy-duty vehicles would reduce diesel consumption

AEO gasoline transportation diesel AEO2016

Clean Power Plan implementation decisions affect CO2 emissions and electricity prices

electricity generation AEO CO2 AEO2016

Clean Power Plan accelerates the growth of renewable generation throughout United States

natural gas AEO coal renewables nuclear wind solar AEO2016

Total U.S. electricity sales projected to grow slowly as electricity intensity declines

electricity residential transportation industrial commercial

Most natural gas production growth is expected to come from shale gas and tight oil plays

exports/imports natural gas production/supply LNG shale

Higher renewable capacity additions in AEO2016 reflect policy changes and cost reductions

electricity generation renewables capacity

U.S. retail gasoline prices lowest since 2009 ahead of Memorial Day weekend

prices gasoline STEO Brent

Industrial and electric power sectors drive projected growth in U.S. natural gas use

exports/imports natural gas residential industrial commercial

Future power sector carbon dioxide emissions depend on status of Clean Power Plan

electricity coal emissions CO2

Projected growth in CO2 emissions driven by countries outside the OECD

international emissions CO2 IEO

EIA projects 48% increase in world energy consumption by 2040

exports/imports natural gas liquid fuels coal renewables nuclear IEO

EIA's global crude supply outlook considers planned and unplanned production outages

oil/petroleum prices crude oil STEO Canada OPEC Iran Venezuela Syria

Annual passenger travel tends to increase with wealth

international transportation vehicles

Retail gasoline prices this summer expected to be lowest since 2004

liquid fuels prices gasoline

Short-Term Outlook for Hydrocarbon Gas Liquids

STEO HGL propane ethane

EIA lowers its crude oil price forecast

oil/petroleum prices crude oil STEO Brent WTI

Canada, Mexico, United States launch North American Cooperation on Energy Information site

international United States Canada Mexico

Electricity generation from renewable sources expected to grow 9% this year

electricity renewables STEO wind hydroelectric solar biomass geothermal

Warmer weather, lower energy prices are reducing home heating expenditures

natural gas prices electricity weather STEO HGL propane heating oil

EIA forecasts that the United States will be a net exporter of natural gas in mid 2017

exports/imports natural gas STEO LNG Mexico

Crude oil prices will remain relatively low through 2016 and 2017

oil/petroleum prices STEO Brent WTI

Marine Fuel Choice For Ocean Going Vessels Within Emission Control Areas

emissions transportation

Under the proposed Clean Power Plan, natural gas, then renewables, gain generation share

electricity generation emissions CO2 EPA

Power generation from coal and natural gas expected to temporarily converge this spring

natural gas electricity coal renewables STEO nuclear hydroelectric

Total energy subsidies decline since 2010, with changes in support across fuel types

oil/petroleum natural gas liquid fuels electricity coal nuclear wind solar biofuels

Recent Data

Price summary (historical and forecast)
	2014	2015	2016	2017
WTI Crude Oil^a dollars per barrel	93.17	48.67	43.07	50.66
Brent Crude Oil dollars per barrel	98.89	52.32	43.46	51.66
Gasoline^b dollars per gallon	3.36	2.43	2.14	2.30
Diesel^c dollars per gallon	3.83	2.71	2.31	2.70
Heating Oil^d dollars per gallon	3.71	2.65	2.12	2.62
Natural Gas^d dollars per thousand cubic feet	10.94	10.36	10.24	11.02
Electricity^d cents per kilowatthour	12.52	12.65	12.53	12.87
^aWest Texas Intermediate. ^bAverage regular pump price. Note: Italics indicate forecast. Source: Short-Term Energy Outlook	^cOn-highway retail. ^dU.S. Residential average.