Supply, Demand, and Export Outlook for North American Oil and Gas For Energy Infrastructure Summit September 15, 2014 Houston, TX By Adam Sieminski, EIA Administrator U.S. Energy Information Administration Independent…
U.S. energy use grows slowly over the projection reflecting steady growth in GDP offset by improving energy efficiency U.S. primary energy consumption Shares of total U.S. energy quadrillion Btu 2012 120 history projections…
Challenges in understanding U.S. transportation fuel use vehicle miles traveled (VMT) and income indices 1995 = 1.0 1.4 personal disposable income per capita 1.2 mean household income 1.0 VMT per capita 0.8 0.6 0.4 0.2 0.0…
The U.S. has experienced a rapid increase in natural gas and oil production from shale and other tight resources U.S. tight oil production U.S. dry shale gas production million barrels of oil per day billion cubic feet per day Eagle…
U.S. rail carloads of crude oil and petroleum products exceed 1.5 million b/d in 2014 number of rail carloads per week million barrels per day 18,000 1.8 16,000 1.6 14,000 1.4 12,000 1.2 10,000 1 8,000 0.8 6,000 0.6 4,000 0.4…
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…
U.S. is already a major net exporter of petroleum products U.S. petroleum product net exports million barrels per day 3 2 2015(e) 1 0 -1 -2 -3 1950 1960 1970 1980 1990 2000 2010 Source: EIA, Annual Energy Outlook 2014…
U.S. exports of petroleum products to Mexico and Canada have more than doubled and tripled, respectively, since 2004 U.S. petroleum products exports thousand barrels per day 600 Mexico 500 400 Canada 300 200 100 0 2004 2005…
North American net imports of oil and natural gas Source: BP Statistical Review of World Energy 2014 Energy Infrastructure Summit September 15, 2014 9
U.S. crude oil production exceeds 13 million b/d in High Oil and Gas Resource case U.S. crude oil production in three cases million barrels per day history 2012 projections 16 14 U.S. maximum production level: 12 9.6 million…
U.S. oil production growth helping to offset unplanned outages estimated unplanned crude oil production outages million barrels per day 4.0 U.S. Production growth* 3.5 Other Non-OPEC 3.0 Non- Syria OPEC 2.5 Sudan / S. Sudan 2.0…
Most of the growth in production between 2011 and 2015 consists of sweet grades with API gravity of 40 or above U.S. crude oil production by type million barrels of oil per day history forecast 10 9 8 7 6 API 50+ 5 API 40-50…
Distillation processes and resulting products processed products for domestic use or exportable without license processed finished petroleum products and other condensate processed hydrocarbon liquids EIA Refinery Survey other…
For more information U.S. Energy Information Administration home page www.eia.gov Annual Energy Outlook www.eia.gov/aeo Short-Term Energy Outlook www.eia.gov/steo International Energy Outlook www.eia.gov/ieo Monthly Energy Review…