The Outlook for U.S. Natural Gas Markets Guy Caruso, Administrator Energy Information Administration U.S. Department of Energy Aspen Institute 2007 Global Forum on Energy, Economy and Security July 7, 2007 Aspen, CO
World Oil Price, 1980-2030 (2005 dollars per barrel) 100 History Projections High Price 80 Reference 60 40 Low Price 20 0 1980 1990 2000 2010 2020 2030 Annual Energy Outlook 2007
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. Lower 48 Wellhead Natural Gas Prices, 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 2030 Annual Energy…
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. 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 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
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…
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
Current U.S. LNG Import Terminals Everett, Massachusetts 3.4 Bcf Storage Capacity Regasification Capacity: Peak: 1.035 Bcf per day Baseload: 715 MMcf per day Cove Point, Maryland 7.8 Bcf Storage Capacity Regasification…
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
U.S. Natural Gas Consumption in the Electric Power and Other End-Use Sectors, 1990-2030 (trillion cubic feet) 25 History Projections Reference Other End-Use Low Price 20 High Price 15 10 Low Price Reference Electric…
U.S. Natural Gas Consumption in the Electric Power and Other End-Use Sectors, 1990-2030 (trillion cubic feet) 25 Other End-Use High Growth 20 Reference Low Growth 15 10 Reference High Growth Electric Power 5 Low…
U.S. Natural Gas Production, 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 Energy Outlook 2007
Net U.S. Imports of Liquefied Natural Gas, 1990-2030 (trillion cubic feet) 8 History Projections Low Price 6 High Growth 4 Reference Low Growth 2 High Price 0 1990 1995 2000 2005 2010 2015 2020 2025 2030 Annual…
Net U.S. Imports of Liquefied Natural Gas, 1990-2030 (trillion cubic feet) 10 High LNG History Projections 8 6 Reference 4 2 Low LNG 0 1990 1995 2000 2005 2010 2015 2020 2025 2030 Annual Energy Outlook 2007
U.S. Natural Gas Production, 1990-2030 (trillion cubic feet) 25 History Projections Low LNG 20 Reference High LNG 15 10 5 0 1990 1995 2000 2005 2010 2015 2020 2025 2030 Annual Energy Outlook 2007
U.S. Lower 48 Wellhead Natural Gas Prices, 1990-2030 (2005 dollars per thousand cubic feet) 8 History Projections Low LNG 6 Reference 4 High LNG 2 0 1990 1995 2000 2005 2010 2015 2020 2025 2030 Annual Energy…
Periodic Reports Petroleum Status and Natural Gas Storage Reports, weekly Short-Term Energy Outlook, monthly Annual Energy Outlook 2007, February 2007 International Energy Outlook 2007, May 2007 Examples of Special Analyses Economic…