EIA and NASEO Many shared interests National Association of State Energy Officials February 6, 2014 Washington, DC By Howard Gruenspecht, Deputy Administrator Energy Information Administration U.S. Energy Information…
Current winter situation Howard Gruenspecht, NASEO February 6, 2014 2
Nationally, heating degree days are well above last winter, but near NOAAs 30-year norms. Recently, the Midwest has been very cold ----- February 2 8 ----- Observed seasonal accumulations thru Feb 1 Deviation Deviation Deviation…
NOAA forecast calls for below normal temperatures across much of the Midwest through February 15; somewhat improved after 6-10 day outlook 8-14 day outlook Source: National Oceanic and Atmospheric Administration Climate Prediction…
Regional share of all U.S. households by primary heating fuel National share of homes by primary space heating fuel propane heating oil natural gas 4.5% 5.5% 48.2% Regional share of homes by primary space heating fuel (across Census…
Conway (KS) price premium over Mt. Belvieu (TX) grew rapidly in late January, but has since narrowed propane and propylene spot prices dollars per gallon Source: U.S. Energy Information Administration, Thomson Reuters, data through…
State-reported residential retail prices for states in the Midwest 1/6/14 1/13/14 1/20/14 1/27/14 2/3/14 Residential retail price (dollars per gallon, excluding taxes) Indiana 2.806 2.849 2.939 4.215 4.265 Iowa 1.960 1.997 2.584 4.709…
Rapidly changing energy outlook Howard Gruenspecht, NASEO February 6, 2014 8
Key results from the AEO2014 Reference case Growing domestic production of natural gas and oil continues to reshape the U.S. energy economy, with crude oil approaching the 1970 all-time high of 9.6 million barrels per day Light-duty…
Growing tight oil and offshore crude oil production drive U.S. output close to historical high U.S. crude oil production million barrels per day History 2012 Projections 10 U.S. maximum production level of 9.6 million barrels per…
Transportation sector motor gasoline demand declines, while diesel fuel accounts for a growing portion of the market transportation energy consumption by fuel quadrillion Btu History Projections 2012 30 2030 2040 25 20 44% 59%…
U.S. becomes a net exporter of natural gas in the near future U.S. dry natural gas trillion cubic feet per year billion cubic feet per day History 2012 Projections 40 100 30 75 Consumption 20 50 Domestic supply 10 25 Net…
Natural gas consumption growth is driven by electric power, industrial, and transportation use U.S. dry gas consumption trillion cubic feet History Projections 35 30 11.0 Electric 25 power 20 8.5 Industrial* 15 11.2 9.1 10 1.7…
U.S. natural gas gross exports exceed 5 tcf in 2025 U.S. natural gas imports and exports trillion cubic feet per year billion cubic feet per day History 2012 Projections 10 2025 25 8 5.4 tcf of exports (14.8 bcf/day) 20 6 Pipeline…
Energy-related CO2 emissions remain below the 2005 level over the projection period carbon dioxide emissions billion metric tons History 2012 Projections 7 2005 6 5 4 3 Energy-related carbon dioxide emissions are 9% below…
Expanded coverage of state-level data and wood Howard Gruenspecht, NASEO February 6, 2014 16
U.S. States Energy Portal Howard Gruenspecht, NASEO February 6, 2014 17
U.S. States Energy Portal Home Page (www.eia.gov/state/) Howard Gruenspecht, NASEO February 6, 2014 18
Pennsylvania Page (http://www.eia.gov/state/sid=PA) Howard Gruenspecht, NASEO February 6, 2014 19
Howard Gruenspecht, NASEO February 6, 2014 20
Howard Gruenspecht, NASEO February 6, 2014 21
Wood energy data: collaboration to expand coverage Improving EIAs data series will require collaborative efforts with: states through NASEO Department of Agriculture/Forest Service various parts of the wood industry Potential…
Why wood matters Over 13 million homes use wood, including almost 3 million as the primary heating fuel Residential wood consumption is now close to fuel oil (between 500-600 trillion Btu) and expected to surpass fuel oil in our…
For more information U.S. Energy Information Administration home page www.eia.gov Short-Term Energy Outlook www.eia.gov/steo Annual Energy Outlook www.eia.gov/aeo International Energy Outlook www.eia.gov/ieo Monthly Energy Review…
Loading...
