Outlook for U.S. Natural Gas Markets Guy Caruso, Administrator Energy Information Administration LNG San Antonio 2006 March 16, 2006 San Antonio, TX
Shut-In Federal Offshore Gulf Crude Oil Production thousand barrels per day dollars per barrel History Projections 72 2,000 WTI Crude Oil Price Shut In Capacity 66.00 66.50 66.00 65.50 66 1,600 60 1,200 800 54 335 298 48…
Shut-In Federal Offshore Gulf Natural Gas Production billion cubic feet per day dollars per thousand cubic feet 10 History Projections 20 Henry Hub Price * Shut-In Capacity 8 16 6 12 9.51 9.45 8.74 8.30 4 8 2 1.3 4 1.0…
EIA Has Reassessed Its Long-Term Oil Price Projection Major oil producing countries pace investment more consistent with higher oil price path Investment impediments more persistent, even after several years of relatively higher oil…
World Oil Price, 1980-2030 (2004 dollars per barrel) 80 History Projections 60 40 20 History AEO2005 AEO2006 0 1980 1990 2000 2010 2020 2030 Annual Energy Outlook 2005 and 2006
U.S. Natural Gas Wellhead Price, 1970-2030 (2004 dollars per thousand cubic feet) 8 History Projections 7 6 5 4 3 History AEO2005 2 AEO2006 1 0 1970 1980 1990 2000 2010 2020 2030 Annual Energy Outlook 2005 and…
U.S. Primary Energy Consumption by Fuel, 1960-2030 (quadrillion Btu) 60 History Projections Petroleum 50 40 Coal 30 Natural Gas 20 Nuclear 10 Renewables 0 1960 1970 1980 1990 2000 2010 2020 2030 Annual Energy Outlook…
U.S. Natural Gas Consumption by Sector, 1990-2030 (trillion cubic feet) History Projections 10 Industrial* 8 Electric Power 6 Residential 4 Commercial 2 Transportation* 0 1990 2000 2004 2010 2020 2030 * Includes…
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 2010 2020 2030 Annual Energy Outlook 2006
U.S. Natural Gas Production, Consumption, and Net Imports, 1960-2030 (trillion cubic feet) 30 History Projections 25 Consumption Net Imports 21% 15% 20 Production 15 Natural Gas Net Imports, 2004 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, 2004-2030 (trillion cubic feet) 28 26 Growth in Alaskan Production 24 Growth in LNG Imports 22 Growth in Non-Associated Unconventional 20 18 Base Production (all…
U.S. Net Imports of Natural Gas, 1960-2030 (trillion cubic feet) 5 History Projections 4 Liquefied Natural Gas 3 2 Canada 1 0 Mexico -1 1960 1970 1980 1990 2000 2010 2020 2030 Annual Energy Outlook 2006
U.S. LNG Imports by Country, 1992-2005 (billion cubic feet) 700 Egypt 600 Malaysia Trinidad and Tobago 500 Nigeria 400 300 Oman Qatar Australia 200 Other Algeria 100 0 1992 1993 1994 1995 1996 1997 1998 1999 2000…
Current U.S. LNG Import Terminals Everett, Massachusetts 3.5 Bcf Storage Capacity Regasification Capacity: Peak: 885 MMcf per day Lake Charles, Louisiana Baseload: 710 MMcf per day 6.3 Bcf Storage Capacity Cove Point, Maryland…
U.S. LNG Imports, 1990-2030 (trillion cubic feet) 3.0 History Projections Existing Terminals 2.5 2.0 1.5 New Terminals 1.0 0.5 0.0 1990 2000 2010 2020 2030 Annual Energy Outlook 2006
Components of Regional LNG Costs, Excluding Fuel, 2020 (2004 dollars per thousand cubic feet) 6 Average wellhead price in 2030 5.92 Average wellhead price in 2010 5.03 5 Average wellhead price in 2020 4.90 4 3 2 1 0 New…
Periodic Reports Petroleum Status and Natural Gas Storage Reports, weekly Short-Term Energy Outlook, monthly Annual Energy Outlook 2006, February 2006 International Energy Outlook 2005, July 2005 Examples of Special Analyses Economic…