top of page
  • Safi Bello

EIA’s latest Annual Energy Outlook projects rising production, relatively flat consumption

U.S. Energy Information Administration ------------ EIA’s Annual Energy Outlook 2018 (AEO2018), released this morning, includes projections of U.S. energy markets through 2050 based on a Reference case and a number of sensitivity cases. The AEO2018 Reference case shows continued development of U.S. shale and tight oil and natural gas resources paired with modest energy consumption growth, leading to the transition of the United States from a net energy importer to a net energy exporter.The United States has been a net energy importer since 1953, but the AEO2018 Reference case projects the United Sates will become a net energy exporter by 2022. This transition occurs even earlier in some AEO2018 sensitivity cases that incorporate assumptions supporting larger growth in oil and natural gas production or that have higher oil prices. To learn more click on the picture below to read the article.

EIA’s latest Annual Energy Outlook projects rising production, relatively flat consumption - Read More from EIA

1 view
Featured Posts
Recent Posts
Follow Us
  • Instagram
  • Pinterest
  • Tumblr Social Icon
bottom of page