Prospects For Alternative Transportation Fuels John J. Conti Energy Information Administration john.contieia.doe.gov CENTRA Technology Alternative Fuels Seminar February 25, 2005 Arlington, Virginia
Nonconventional Often Evolves Into Conventional Production Technology allows yesterdays exotic production to become todays ordinary production. Recent examples include: Deepwater Gulf of Mexico Enhanced Oil Recovery (EOR) Coalbed…
World Oil Prices, 1990-2025 (2003 dollars per barrel) 60 History Forecast 50 High B 40 High A October futures 30 Reference 20 10 0 1990 1995 2000 2005 2010 2015 2020 2025 Source: Annual Energy Outlook 2005
World Conventional and Nonconventional Production, 2025 (million barrels per day) 120 AEO 2005 110 100 Reference 90 High B 80 70 60 50 40 30 20 10 0 Crude Oil Oil Sands Hvy Oil GTLs CTLs Ethanol Shale Oil…
Key Sources of World Nonconventional Production High B Case, 2025 (million barrels per day) Oil Heavy Shale Sands Oil GTLs CTLs Ethanol Oil ______ _____ _____ _____ _______ _____ Canada 4.688 United Kingdom 0.069 Norway 0.015…
Domestic Crude Oil Production, 1990-2025 (million barrels per day) 8 History Forecast 7 6 High B 5 Reference 4 3 2 1 0 1990 1995 2000 2005 2010 2015 2020 2025 Source: Annual Energy Outlook 2005
Petroleum Supply, Consumption, and Imports, 1990-2025 (million barrels per day) 30 History Forecast Reference 25 High B 20 Consumption Net Imports 15 10 High B Domestic supply Reference 5 0 1990 1995 2000 2005 2010 2015…
Import Share of Products Supplied, 1990-2025 (percent) 70% History Forecast Reference 60% High B 50% 40% 30% 20% 10% 0% 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 Source: Annual Energy Outlook 2005
Reference Case Transportation Energy Consumption by Fuel, 2003, 2010, and 2025 (quadrillion Btu) 25 20 2003 2010 15 2025 10 5 0 Distillate Fuel Jet Fuel Motor Other Natural Gas Other Fuels Gasoline Petroleum…
Reference Case Transportation Energy Consumption by Mode, 2003, 2010, and 2025 (quadrillion Btu) 25 2003 20 2010 2025 15 10 5 0 Light-Duty Light Trucks Freight Air Rail Marine Vehicles Trucks Source: Annual Energy…
Gas-to-Liquids and Coal-to-Liquids Production in High Oil Price Cases, 1990-2025 (million barrels per day) 1.2 1.0 Coal to Liquids/ High B 0.8 0.6 Gas to Liquids/ High B 0.4 Gas to Liquids/ 0.2 High A Coal to Liquids/ High…
Conclusions Higher oil prices benefit CTL and GTL by over 2 million bpd. Higher oil prices reduce transportation consumption by 1 million bpd. Ethanol expands market share from 2 to 4.5 percent of a shrinking gasoline market.…