‹ Analysis & Projections
Annual Energy Outlook 2013
Release Dates: April 15 - May 2, 2013 | Next Early Release Date: December 2013 (See release cycle changes) | correction | full report
Oil/Liquids
Executive Summary
- Oil production, particulary from tight oil plays....Read full section
- Coal's share of electric power generation falls over the projected period ...Read full section
- With more efficient light-duty vehicles ...Read full section
Market Trends
- Energy expenditures decline relative to gross domestic product and gross output.... Read full section
- Range of oil price cases represents uncertainty in world oil markets.... Read full section
- Trends in petroleum and other liquids markets are defined largely by the developing nations... Read full section
- Production of liquid fuels from biomass, coal, and natural gas increases... Read full section
- Renewables and natural gas lead rise in primary energy consumption... Read full section
- Reliance on natural gas, natural gas liquids, and renewables rises as industrial energy use grows... Read full section
- Energy from natural gas remains far less expensive than energy from oil through 2040... Read full section
- Additions to power plant capacity slow after 2012 but accelerate beyond 2023... Read full section
- Petroleum and other liquids consumption outside industrial sector is stagnant or declines... Read full section
- Crude oil leads initial growth in liquids supply, net-generation liquids grow after 2020... Read full section
- U.S. oil production rates depend on resource availability and advances in technology... Read full section
- Lower 48 onshore tight oil development spurs increase in U.S. crude oil production... Read full section
- Tight oil formations account for a significant portion of total U.S. production... Read full section
- Domestic production of tight oil leads to lower imports of light sweet crude oil... Read full section
- Increasing U.S. supply results in decreasing net imports of petroleum and other liquids... Read full section
- U.S. consumption of cellulosic biofuels falls short of EISA2007... Read full section
- Renewable Fuel Standard and California Low Carbon Fuel Standard boost the use of new fuels... Read full section
- Efficiency standards shift consumption from motor gasoline to diesel fuel... Read full section
- Shifts in demand for liquid fuels change petroleum refinery yields and crack spreads... Read full section
- Outlook for U.S. coal production is affected by fuel price uncertainties... Read full section
- Energy-related carbon dioxide emissions remain below their 2005 level... Read full section
- Energy-related carbon dioxide emissions are sensitive to potential policy changes... Read full section
- Carbon dioxide fee cases generally increase the use of natural gas ... Read full section
Issues in Focus
- Oil price and production trends in AEO2013.... Read full section
- U.S. reliance on imported liquid fuels in alternative scenarios... Read full section
- Effect of natural gas liquids growth... Read full section
Legislation and Regulations
- California low carbon fuel standard... Read full section
Comparison with other projections
- Oil prices... Read full section
- Liquid fuels... Read full section
