MassiveIndustry

(Thu, 31 Jan 2019) In EIA’s <em>Annual Energy Outlook 2019</em> (AEO2019) Reference case, natural gas plant liquids (NGPL) production grows by 32% between 2018 and 2050 to 5.8 million barrels per day (b/d). Most of the increase in production is in the East, specifically the Appalachian Basin, and the Southwest, specifically the Permian Basin. Given projected crude oil and natural gas prices, producers are expected to focus on liquids-rich plays, and NGPL-to-gas ratios are highest in these areas.

(Tue, 29 Jan 2019) EIA projects that, for the first time since the 1950s, the United States will export more energy than it imports by 2020 as increases in crude oil, natural gas, and natural gas plant liquids production outpace growth in U.S. energy consumption. Different assumptions about crude oil prices and resource extraction affect how long EIA projects that the United States will export more energy than it imports.

(Thu, 24 Jan 2019) EIA’s <em>Annual Energy Outlook</em> 2019 (AEO2019), which will be released later this morning, includes projections of U.S. energy markets through 2050 based on a Reference case and six side cases that include different assumptions regarding prices, economic activity, and technology and resource estimates. AEO2019 projects continued development of U.S. shale and tight oil and natural gas resources.

(Wed, 23 Jan 2019) In order to increase understanding of weather-related energy capacity issues in New England, EIA has begun publication of an interactive dashboard that provides timely information about energy market conditions in that region. The New England Dashboard (NED) provides an integrated view of the energy commodities—natural gas/liquefied natural gas, electricity, and petroleum products—and market-influencing fundamentals—such as weather—that can influence energy consumption, prices, flows, and security in the region.