Energy by the Numbers Guy Caruso, Administrator Energy Information Administration Energy, Cost & Crisis September 5, 2006 Knight Center for Specialized Journalism University of Maryland
West Texas Intermediate Crude Oil Price (dollars per barrel) 100 90 History Projections 80 70 60 50 40 30 20 10 0 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Short-Term Energy Outlook, August 2006
World Oil Consumption Growth (million barrels per day) 3.0 History Projections 88 86 2.5 84 2.0 Rest of World 82 United States Oil Demand 1.5 80 World Oil Growth Demand 1.0 78 76 0.5 China 74 0.0 72 -0.5 70 1991- 2000…
Growth in World Consumption & Non-OPEC Production million barrels per day change from previous year dollar per barrel change from previous year 4.0 History Projections 28 Consumption 3.5 Non-OPEC Supply* WTI Crude Oil Price 3.0…
World Oil Supply Growth (million barrels per day, change from previous year) 1 World Liquids Production 2006 0.8 OPEC Non- 30 0.6 OPEC 2007 55 2006 0.4 2005 Hurricane, Alaska recovery 0.2 0 -0.2 Hurricane damage,…
World Oil Surplus Production Capacity (million barrels per day) 6.0 History Projections 5.0 4.0 3.0 2.0 1.0 0.0 1991- 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 1997 Average Short-Term Energy Outlook, August…
Lack of Excess Capacity and Low Forward Cover Push Prices Upward Barrels per Day/Forward Cover Million Barrels per Day 14 70 12 60 10 50 WTI Spot Price (2005) OECD Forward Cover World Excess Production Capacity (right axis) 8…
U.S. Crude Oil Stocks (million barrels) 400 History Projections 380 Previous 5-Year Min/Max Range 360 340 320 300 280 260 240 220 200 Jan-02 Jan-03 Jan-04 Jan-05 Jan-06 Jan-07 Jan-08 Short-Term Energy Outlook, August 2006
World Oil Prices,1980-2030 (2004 dollars per barrel) 100 History Projections High Price 80 60 Reference 40 Low Price 20 0 1980 1995 2004 2015 2030 International Energy Outlook 2006
World Marketed Energy Consumption by Region,1980-2030 (quadrillion Btu) 800 History Projections 722 700 665 613 600 Non-OECD 563 510 500 OECD 421 400 400 347 366 283 309 300 200 100 0 80 85 90 95 00 03 10…
World Energy Consumption, 2003, 2015, and 2030 (quadrillion Btu) 450 413 400 OECD 350 309 300 Non-OECD 294 270 250 234 200 421 150 100 50 0 2003 2015 2030 North America OECD Europe OECD Asia Non-OECD Europe and…
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 Oil Consumption, 2003, 2015, and 2030 (million barrels per day) 70 60 58 60 OECD 54 50 49 Non-OECD 45 40 32 30 20 10 0 2003 2015 2030 North America OECD Europe OECD Asia Non-OECD Europe and Eurasia Non-OECD…
World Natural Gas Consumption, 2003, 2015, and 2030 (trillion cubic feet) 120 108 100 OECD 80 Non-OECD 74 72 63 60 50 45 40 20 0 2003 2015 2030 North America OECD Europe OECD Asia Non-OECD Europe and Eurasia Non-OECD…
World Coal Consumption, 1980-2030 (million short tons 12,000 History Projections 10,000 World 8,000 Non-OECD 6,000 4,000 2,000 OECD 0 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 2030 International…
World Net Electricity Consumption, 2003-2030 (billion kilowatthours) 18,000 History Projections 15,000 OECD Non-OECD 12,000 9,000 6,000 3,000 0 2003 2010 2015 2020 2025 2030 International Energy Outlook 2006
Fuel Shares of World Electricity Generation, 2003-2030 (percent) 100 90 80 70 Renewables 60 Nuclear 50 Coal 40 Natural Gas 30 Oil 20 10 0 2003 2010 2015 2020 2025 2030 International Energy Outlook 2006
Periodic Reports Petroleum Status and Natural Gas Storage Reports, weekly Short-Term Energy Outlook, monthly Annual Energy Outlook 2006, February 2006 International Energy Outlook 2006, June 2006 Examples of Special Analyses Economic…