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Analysis & Projections

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Price summary (historical and forecast)
  2019 2020 2021 2022
WTI Crude Oila
dollars per barrel		 56.99 39.17 49.70 49.81
Brent Crude Oil
dollars per barrel		 64.34 41.69 52.70 53.44
Gasolineb
dollars per gallon		 2.60 2.18 2.40 2.42
Dieselc
dollars per gallon		 3.06 2.55 2.71 2.74
Heating Oild
dollars per gallon		 3.00 2.45 2.73 2.72
Natural Gasd
dollars per thousand cubic feet		 10.46 10.68 10.77 11.06
Electricityd
cents per kilowatthour		 13.01 13.17 13.27 13.53
aWest Texas Intermediate.
bAverage regular pump price.
Note: Italics indicate forecast.
Source: Short-Term Energy Outlook 		cOn-highway retail.
dU.S. Residential average.

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