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Posted February 13, 2017Today in Energy
Tight oil expected to make up most of U.S. oil production increase through 2040 ›
EIA’s recently released Annual Energy Outlook 2017 (AEO2017) Reference case projects that U.S. tight oil production will increase to more than 6 million barrels per day (b/d) in the coming decade, making up most of total U.S. oil production. After 2026, tight oil production remains relatively constant through 2040 in the Reference case as tight oil development moves into less productive areas and as well productivity decreases. More›
Source: EIA, Annual Energy Outlook 2017 Reference case
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Data Highlights
Retail gasoline price
2/13/2017: $2.307/gal
up$0.014 from week earlier
up$0.583 from year earlier
Retail diesel price
2/13/2017: $2.565/gal
up$0.007 from week earlier
up$0.585 from year earlier
WTI crude oil futures price
2/10/2017: $53.86/barrels
up$0.03 from week earlier
up$27.65 from year earlier
Natural gas futures price
2/10/2017: $3.034/MMBtu
down$0.029 from week earlier
up$1.040 from year earlier
Weekly coal production
2/4/2017: 17.024 million tons
up0.925 million tons from week earlier
up2.734 million tons from year earlier