Energy Information Administration Short Term Outlook

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Energy information administration short term outlook.

Energy information administration short term energy outlook september 2020 4. Eia forecasts brent crude oil spot prices will average 65 per barrel b in 2020 and 68 b in 2021 compared with an average of 64 b in 2019. Residential and commercial natural gas consumption will average 21 8 bcf d in 2020 down 6 8 from 2019 primarily because of warmer than average temperatures in the first quarter of 2020 that reduced demand for space heating. This edition of the short term energy outlook is the first to include forecasts for 2021.

Previous short term energy outlook reports are available in the original adobe acrobat pdf file with text charts and tables or just the monthly data tables in an excel file. Production data for opec countries are crude oil only. The us energy information administration s september short term energy outlook steo remains subject to heightened levels of uncertainty because mitigation and reopening efforts related to. In 2021 the forecast.

Menu sources uses topics geography tools learn about energy news. Eia expects combined u s. Coal s forecast share of electricity generation falls from 24 in 2019 to 20 in 2020 and then increases to 22 in 2021. Energy information administration short term energy outlook international energy statistics and internal estimates note.

Highlights from the eia short term energy outlook include. Reduced economic activity related to the covid 19 pandemic has caused changes in energy demand and supply patterns in 2020. The september short term energy outlook steo remains subject to heightened levels of uncertainty because mitigation and reopening efforts related to the 2019 novel coronavirus disease covid 19 continue to evolve. Natural gas share declines to 34 in response to higher natural gas prices.

Energy information administration eia independent statistics and analysis search.