Long-Term North American Forecast and the Global Context Guy Caruso, Administrator Energy Information Administration CERI 2007 Natural Gas Conference March 5, 2007 Calgary, Alberta
Annual Energy Outlook 2007 reference case indicates that through 2030.... Traditional fossil fuels are expected to continue to meet the bulk of energy requirements over the projection period U.S. energy demand is projected to grow at…
World Oil Price, 1980-2030 (2005 dollars per barrel) 100 History Projections 80 History AEO2006 AEO2007 Low Price 60 AEO2007 High Price AEO2007 Reference 40 20 0 1980 1990 2000 2010 2020 2030 Annual Energy…
U.S. Primary Energy Consumption by Fuel, 1960-2030 (quadrillion Btu) 60 History Projections Liquid Fuels 50 40 Coal 30 Natural Gas 20 Nuclear 10 Renewables 0 1960 1970 1980 1990 2000 2010 2020 2030 Annual Energy…
U.S. Natural Gas Wellhead Price, 1970-2030 (2005 dollars per thousand cubic feet) 8 History Projections 7 6 5 4 3 History AEO2006 2 AEO2007 1 0 1970 1980 1990 2000 2010 2020 2030 Annual Energy Outlook 2006 and…
U.S. Natural Gas Consumption by Sector, 2005, 2010, 2020, and 2030 (trillion cubic feet) 30 26.9 26.9 26.3 26.1 25 23.4 24.0 7.5 6.4 5.9 Electric Power 22.0 7.2 6.4 20 5.5 5.8 10.0 9.8 Industrial 15 9.5 9.2 8.9 8.7 7.7…
U.S. Natural Gas Consumption by Sector, 1990-2030 (trillion cubic feet) History 10 Projections Industrial* 8 Electric Power 6 Residential 4 Commercial 2 Transportation** 0 1990 2000 2005 2010 2020 2030 * Includes…
U.S. Natural Gas Production, Consumption, and Net Imports, 1960-2030 (trillion cubic feet) 30 History Projections 25 Consumption Net Imports 21% 20 16% Production 15 Natural Gas Net Imports, 2005 and 2030 (trillion cubic…
U.S. Natural Gas Production by Source, 1990-2030 (trillion cubic feet) 10 History Projections 8 Lower 48 Non-Associated Unconventional 6 Lower 48 Non-Associated Conventional Onshore 4 Lower 48 Non-Associated Offshore…
Major Sources of Incremental U.S. Natural Gas Supply, 2005-2030 (trillion cubic feet) 28 26 Growth in Alaskan Production 24 Growth in LNG Imports 22 20 Growth in Non-Associated Unconventional 18 Base Production (all…
U.S. Unconventional Natural Gas Production, 1990-2030 (trillion cubic feet) History Projections 7 6 5 Tight Sands 4 3 2 Coalbed Methane 1 Gas Shales 0 1990 1995 2000 2005 2010 2015 2020 2025 2030 Annual Energy…
U.S. Net Imports of Natural Gas, 1990-2030 (trillion cubic feet) 5 History Projections 4 Overseas LNG 3 Canada 2 1 0 Mexico -1 1990 1995 2000 2005 2010 2015 2020 2025 2030 Annual Energy Outlook 2007
U.S. LNG Imports, 1990-2030 (trillion cubic feet) 3.0 History Projections 2.5 New Terminals 2.0 1.5 Existing Terminals 1.0 0.5 0.0 1990 2000 2010 2020 2030 Annual Energy Outlook 2007
World Marketed Energy Use by Fuel, 1980-2030 (quadrillion Btu) 300 History Projections 250 33% Oil 27% 200 38% 26% Coal 150 Share of 24% World Natural Gas 100 Total 24% Renewables 9% 50 8% 5% 6% Nuclear 0 1980 1985…
World Natural Gas Reserves, as of January 1, 2006, and Cumulative Consumption, 2003-2030 (trillion cubic feet) Middle East Reserves Cumulative Consumption, 2003-2030 Russia Africa Asia World Natural Gas Reserves = 6,112…
U.S. Electricity Generation by Fuel, 1980-2030 (billion kilowatthours) History Projections 3,000 Coal 2,000 Natural Gas 1,000 Nuclear Renewables Petroleum 0 1980 1990 2000 2005 2010 2020 2030 Annual Energy…
U.S. Electricity Generating Capacity, including Combined Heat and Power, 2005-2030 (gigawatts) 1,200 New Nuclear New Renewable New Coal Needed 1,000 Capacity New Natural Gas Existing Other Fossil Steam 800 Existing Combustion…
U.S. Electricity Generation Capacity Additions by Fuel, 2006-2030 (gigawatts) 60 Natural Gas Coal Renewables 40 Nuclear 20 0 2006-2010 2011-2015 2016-2020 2021-2025 2026-2030 Annual Energy Outlook 2007
Lower 48 Wellhead Natural Gas Prices in Alternative Cases, 1990-2030 (2005 dollars per thousand cubic feet) 8 History Projections High Price 6 Reference 4 Low Price 2 0 1990 1995 2000 2005 2010 2015 2020 2025…
Natural Gas Consumption in the Electric Power and Other End-Use Sectors in Alternative Price Cases, 1990-2030 (trillion cubic feet) 25 History Projections Reference Other End-Use Low Price 20 High Price 15 10 Low…
Total U.S. Natural Gas Production in Alternative Cases, 1990-2030 (trillion cubic feet) 25 History Projections Low Price 20 Reference High Price 15 10 5 0 1990 1995 2000 2005 2010 2015 2020 2025 2030 Annual…
Net U.S. Imports of Liquefied Natural Gas in Alternative Cases, 1990-2030 (trillion cubic feet) 8 History Projections Low Price 6 4 Reference 2 High Price 0 1990 1995 2000 2005 2010 2015 2020 2025 2030 Annual…
Lower 48 Wellhead Natural Gas Prices in Alternative Cases, 1990-2030 (2005 dollars per thousand cubic feet) 8 History Projections Slow Technology 6 Reference Rapid Technology 4 2 0 1990 1995 2000 2005 2010 2015 2020…
Total U.S. Natural Gas Production in Alternative Cases, 1990-2030 (trillion cubic feet) 25 History Projections Rapid Technology 20 Reference Slow Technology 15 10 5 0 1990 1995 2000 2005 2010 2015 2020 2025 2030…
Periodic Reports Petroleum Status and Natural Gas Storage Reports, weekly Short-Term Energy Outlook, monthly Annual Energy Outlook 2007, reference case December 2006, full report February 2007 International Energy Outlook 2006, June…