Energy Information Administration Short Term Outlook

Natural gas share declines to 34 in response to higher natural gas prices.

Energy information administration short term outlook.

Skip to sub navigation u s. Eia forecasts brent crude oil spot prices will average 65 per barrel b in 2020 and 68 b in 2021 compared with an average of 64 b in 2019. Highlights from the eia short term energy outlook include. This edition of the short term energy outlook is the first to include forecasts for 2021.

The us energy information administration s september short term energy outlook steo remains subject to heightened levels of uncertainty because mitigation and reopening efforts related to. In 2021 the forecast. Reduced economic activity related to the covid 19 pandemic has caused changes in energy demand and supply patterns in 2020. Production data and estimates for non opec partner countries of the opec agreement include crude oil and lease condensate iran libya and venezuela are exempt from the opec agreement.

The september short term energy outlook steo remains subject to heightened levels of uncertainty because mitigation and reopening efforts related to the 2019 novel coronavirus disease covid 19 continue to evolve. Energy information administration short term energy outlook may 2020 2 be largest in the first half of 2020 rising at a rate of 6 6 million b d in the first quarter and increasing to builds of 11 5 million b d in the second quarter as a result of widespread travel limitations and sharp reductions in economic activity. Energy information administration short term energy outlook september 2020 4. Menu sources uses topics geography tools learn about energy news.

Eia expects combined u s. Energy information administration eia official energy statistics from the u s. Residential and commercial natural gas consumption will average 21 8 bcf d in 2020 down 6 8 from 2019 primarily because of warmer than average temperatures in the first quarter of 2020 that reduced demand for space heating. Energy information administration eia independent statistics and analysis search.

Energy information administration short term energy outlook international energy statistics and internal estimates note.