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October2014

Short-Term Energy and Winter Fuels Outlook (STEO)

Highlights

EIAprojectsaverageU.S.householdexpendituresfornaturalgas,heatingoil,electricity,and
propanewilldecreasethiswinterheatingseason(October1throughMarch31)compared
withlastwinter,whichwas11%colderthantheprevious10yearaveragenationally.
Projectedaveragehouseholdexpendituresforpropaneandheatingoilare27%and15%
lower,respectively,becauseoflowerheatingdemandandprices.Lowerheatingdemand
andhigherpricescontributetonaturalgasandelectricityexpendituresthatare5%and2%
lowerthanlastwinter(seeEIAShortTermEnergyOutlookandWinterFuelsOutlook
slideshow).

Driveninlargepartbyfallingcrudeoilprices,U.S.regulargasolineretailpricesfelltoan
averageof$3.41/gallon(gal)inSeptember,29centsbelowtheJuneaverage.U.S.regular
gasolineretailpricesareprojectedtocontinuetodeclinetoanaverageof$3.14/galin
December.EIAexpectsU.S.regulargasolineretailprices,whichaveraged$3.51/galin2013,
toaverage$3.45/galin2014and$3.38/galin2015.

WeakeningglobaldemandhelpedNorthSeaBrentcrudeoilspotpricesfalltoanaverageof
$97perbarrel(bbl)inSeptember,thefirstmonthBrentpriceshaveaveragedbelow
$100/bblinmorethantwoyears.EIAprojectsthatBrentcrudeoilpriceswillaverage
$98/bblinfourthquarter2014and$102/bblin2015.TheWTIdiscounttoBrent,which
averaged$11/bblin2013,isexpectedtoaverage$7/bblinboth2014and2015.

TotalU.S.crudeoilproductionaveragedanestimated8.7millionbarrelsperday(bbl/d)in
September,thehighestmonthlyproductionsinceJuly1986.Totalcrudeoilproduction,
whichaveraged7.4millionbbl/din2013,isexpectedtoaverage9.5millionbbl/din2015.If
realized,the2015forecastwouldbethehighestannualaveragecrudeoilproductionsince
1970.Naturalgasplantliquidsproductionisexpectedtoincreasefromanaverageof2.6
millionbbl/din2013to3.2millionbbl/din2015.

NaturalgasworkinginventoriesonSeptember26totaled3.10trillioncubicfeet(Tcf),0.37
Tcf(11%)belowthelevelatthesametimeayearagoand0.40Tcf(11%)belowtheprevious
fiveyearaverage(200913).Projectednaturalgasworkinginventoriesreach3.53Tcfatthe
endofOctober,0.28Tcfbelowthelevelatthesametimelastyear.Despitethelower
stocksatthestartofthiswinter'sheatingseason,EIAexpectstheHenryHubnaturalgas

U.S.EnergyInformationAdministration|ShortTermEnergyandWinterFuelsOutlookOctober2014

spotpriceto$4.00/millionBritishthermalunits(MMBtu)thiswintercomparedwith
$4.53/MMBtulastwinter.Thispriceforecastreflectsbothlowerexpectedheatingdemand
andsignificantlyhighernaturalgasproductionthiswinter.

ProjectedWinterFuelExpendituresbyFuelandRegion

TheaveragehouseholdwinterheatingfuelexpendituresdiscussedinthisSTEOprovideabroad
guidetochangescomparedwithlastwinter.However,fuelexpendituresforindividual
householdsarehighlydependentonlocalweatherconditions,marketsize,thesizeandenergy
efficiencyofindividualhomesandtheirheatingequipment,andthermostatsettings(seeWinter
FuelsOutlooktable).ForecasttemperaturesbasedonthelatestforecastsfromtheNational
OceanicandAtmosphericAdministration(NOAA)aremuchwarmerthanlastwintereastofthe
RockyMountains,withtheMidwest16%warmer,theSouth12%warmer,theNortheast11%
warmer.However,lastwinterprovidesareminderthatweathercanbeunpredictable,andthe
WinterFuelsOutlookincludesforecastsforscenarioswhereheatingdegreedays(HDD)inall
regionsmaybe10%higher(colder)or10%lower(warmer)thanforecast.

NaturalGas.AbouthalfofallU.S.householdsheatwithnaturalgas,andtheaveragehousehold
mayexpecta5%decreaseinwinternaturalgasexpenditures.EIAprojectsa10%declinein
residentialnaturalgasconsumptionthisyearastemperaturesareexpectedtoreturntocloser
tonormallevels.Thesavingsfromlowerconsumptionarepartiallyoffsetbyhigherresidential
prices.AlthoughEIAforecastslowerHenryHubpricesthiswinter,currentspotpricesdonot
directlytranslateintolowerdeliveredresidentialprices.UtilitiesbeganbuyinggasinAprilfor
theupcomingheatingseason,andpricesin2014haveaveragedhigherthanlastyear.Plus,the
ratesthatutilitieschargecanbesetbystateutilitycommissionsayearormoreinadvance.

Undera10%colderscenario,EIAprojectsconsumptionwillbe3%lessthanlastyearand
expenditureswillbe6%greaterthanlastyear.Undera10%warmerscenario,EIAexpectsa
declineof17%inconsumptionand12%inexpenditurescomparedwithlastyear.

Lastwinter,gasfiredpowerplantsintheNortheasthadtocompeteforanincreasinglylimited
amountofavailablenaturalgaspipelinecapacityfromasystemthatwasalreadyconstrained,
particularlyinNewEnglandandNewYork.Thiscausednaturalgasspotpricesandconsequently
dayaheadpowerpricestospike.Pipelineconstraintsstillexistinthearea,anddaytodayprice
volatilityislikely.Theregionhastwoimportantmarginalsourcesofsupplyfortimesofveryhigh
demand:liquefiednaturalgas(LNG)importsandpipelineimportsfromCanada.AlthoughLNG
importshavedeclineddramaticallyinthepastseveralyears,GDFSuezstillreceivescargoes
fromTrinidadunderlongtermcontractsatitsLNGterminalnearBoston.Oneoftheterminals
customersistheadjacentMysticPowerPlant.LNGreceivedattheCanaportLNGterminalin
NewBrunswick,NovaScotia,alsocomestotheUnitedStatesviatheBrunswickPipeline.

Strongproductiongrowththisyearcontributedtoarecordinventorybuild.EIAprojects
workingnaturalgasinventoriesof3,532billioncubicfeet(Bcf)attheendofOctober.EIA

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expectsworkinggasinventoriestobedrawndownto1,534BcfattheendofMarch2015.Even
intheeventofanothercoldwinter,EIAdoesnotexpectstockstofallbelow1,000Bcfbythe
endofthisheatingseason.

HeatingOil.EIAexpectshouseholdsheatingprimarilywithheatingoiltospendanaverageof
$362(15%)lessthiswinterthanlastwinter,reflectingpricesthatare$0.25/gal(6%)lowerand
consumptionthatis10%lower.Heatingoilpricesareexpectedtobelowerinlargepart
becauseoflowercrudeoilprices,withBrentcrudeoilpricesforecasttoaverage$9/bbl
($0.22/gal)lowerthiswinterthanlast.Inthe10%colderweatherscenario,projected
expendituresare$124lowerthanlastwinter,withpricesthatare$0.16/gallowerthanlast
winter.

Anumberoffactorscontributetouncertaintyinthiswintersheatingoilmarket,including
weatherandoilpricevolatility,theadequacyofinventories,andchangesinfuelspecifications.
DistillatestocksintheNortheasttotaled29.3millionbarrelsonSeptember26,0.2million
barrelsbelowthesametimelastyearandthelowestlevelforthistimeofyearsince2000.
However,unlesssevereweatherintheNortheastcoincideswithsevereweatherinEurope,
demandshouldbereadilymetviasuppliesfromtheAtlanticBasinmarket.
RelianceonheatingoilishighestintheNortheast,whereabout23%ofhouseholdsdependon
heatingoilforspaceheating.Nationwide,only5%ofhouseholdsuseheatingoil.Thestateof
NewYork,whichaccountsforaboutonethirdoftheregionsheatingoilmarket,hasrequired
theuseofultralowsulfurheatingoilsinceJuly2012.Fivestates(Connecticut,Massachusetts,
NewJersey,RhodeIsland,andVermont)loweredtheirheatingoilmaximumsulfurspecification
onJuly1from2,000partspermillion(ppm)(andhigher)to500ppm.Nomajorimpactis
expectedassupplierswilleitherblendhighsulfurdistillatewithultralowsulfurdiesel(ULSD)or
deliverULSD,whichisareadilyavailablefuel.

InJanuary2015,newregulationswilllimitmarinevesselfuelsulfurlevelsincertaincoastal
watersto1,000ppm.Somevesselsareexpectedtoswitchfromusingresidualfueloilto
distillatebecauseofitslowersulfurcontent.However,theeffectontheNortheastheatingoil
marketshouldbelimitedbecausemarinefueldemandinthisregionisrelativelysmall.

Propane.About5%ofallU.S.householdsheatwithpropane.EIAexpectshouseholdsheating
primarilywithpropanetospendlessthiswinter,buttheprojecteddecreasevariesacross
regions.EIAexpectsthathouseholdsheatingwithpropaneintheMidwestwillspendan
averageof$767(34%)lessthiswinterthanlastwinter,reflectingpricesthatareabout24%
lowerandconsumptionthatis13%lowerthanlastwinter.HouseholdsintheNortheastare
expectedtospendanaverageof$340(13%)lessthiswinter,withaveragepricesthatareabout
5%lowerandconsumptionthatis9%lowerthanlastwinter.

Headingintothewintermonths,primarypropanestocksintheGulfCoast(PADD3)andthe
Midwest(PADD2)attheendofSeptemberwere6.6millionbarrels(18%)and3.7million

U.S.EnergyInformationAdministration|ShortTermEnergyandWinterFuelsOutlookOctober2014

barrels(15%)higher,respectively,thanatthesametimelastyear.Propanespotpricesatthe
MontBelvieu,TexasandConway,KansasdeliverypointsinearlyOctoberwereclosetopricesat
thesametimelastyear.Theoutlookforpropanedemandisuncertaingivenvolatilityinwinter
temperaturesandanotherexpectedrecordcorncrop,whichcoulddrawdownpropanestocks
forcropdrying.TheCochinPipeline,whichpreviouslydeliveredpropanefromCanadatothe
Midwest,wasreversedinearly2014.Whilethisreversalwilllimittheabilitytodeliverpropane
intotheregion,higherpropaneproductionfromgasplantsintheMidwestandnewand
expandedrailterminalsshouldhelptosupplypropanetotheregionthiswinter.

Electricity.Householdsheatingprimarilywithelectricitycanexpecttospendanaverageof$17
(2%)lessthiswinter,with3%higherpricesbut5%lessconsumptionthanlastwinter.About
39%ofallU.S.householdsrelyonelectricityastheirprimaryheatingsource,rangingregionally
from15%intheNortheastto63%intheSouth.
Undera10%colderscenario,EIAestimatesthatU.S.residentialelectricityconsumptionthis
winterwouldbe1.8%higherthanduringthewinterof201314.Residentialelectricityprices
wouldnotriseimmediately,buttheeffectofcoldertemperatureswouldpassthroughtoretail
electricityratesoverthesucceedingmonthsof2015.Fora10%colderscenario,theaverage
U.S.residentialpricewouldriseby2.7%in2015incontrasttothebaselineforecastof1.7%
growth.TheeffectwouldbegreatestinNewEnglandwhereresidentialpriceswouldriseby
6.0%nextyeariftheresacoldwinter,incontrasttothebaselineforecastofa3.6%increase.
WholesaleelectricitypricesintheNortheastregionspikedlastwinterbecauseofawinterfreeze
andconstraintsonsupplyingnaturalgastopowergenerators.Asaresult,retailelectricity
customersinthatareahaveexperiencedincreasesaveragingupto12%sofarthisyear.The
naturalgaspipelineconstraintsinNewEnglandstillexistanddeliveriesintotheregionarenear
capacity.Ifcolderthanexpectedtemperaturesoccurthiswinter,thereisthepossibilitythat
wholesaleelectricitypricescouldriseagain.Electricitytradersarealreadyfactoringinthis
uncertaintythroughhigherforwardmarketpricesforwholesaleelectricityintheNortheast
IndependentSystemOperators.

Wood.Theuseofcordwoodandwoodpelletsastheprimaryresidentialspaceheatingfuelhas
increasedby38%since2004,toabout2.5millionhouseholdsin2013.About8%ofhouseholds
usewoodasasecondarysourceofheat,makingwoodsecondonlytoelectricityasa
supplementalheatingfuel.About20%ofNewEnglandhomes(1.1million)usedwoodforspace
heating,waterheating,orcookingin2009(EIA,ResidentialEnergyConsumptionSurvey,2009),
whichisnearlytwicethenationalrate.AlmosthalfofallruralhouseholdsinNewEnglandused
wood,comparedwithonly12%oftheareasurbanhouseholds.

GlobalPetroleumandOtherLiquids

EIAprojectsworldpetroleumandotherliquidssupplytoincreaseby1.6millionbbl/din2014
andby0.9millionbbl/din2015,withmostofthegrowthcomingfromcountriesoutsideofthe

U.S.EnergyInformationAdministration|ShortTermEnergyandWinterFuelsOutlookOctober2014

OrganizationofthePetroleumExportingCountries(OPEC).ForecastnonOPECsupplygrowsby
1.9millionbbl/din2014and1.2millionbbl/din2015.TheUnitedStatesandCanadaaccount
formuchofthisgrowth.Projectedworldliquidfuelsconsumptiongrowsbyanannualaverage
of1.0millionbbl/din2014and1.2millionbbl/din2015.

GlobaldisruptionstoneartermsupplyhaveabatedsinceJune,whenLibya'sproductionand
exportswereataminimallevel,andviolenceinnorthernIraqescalated,causingnorthern
production(outsideofIraqiKurdistan)tocomenearlytohalt.Iraq'ssoutherncrudeoilexports
stillremainunaffectedbytheunrestinnorthernIraq.InLibya,productionaveraged0.8million
bbl/dinSeptember,itshighestlevelinmorethan1year.However,thesecuritysituationin
Libyaisstillprecarious,withasignificantpossibilityofintermittentdisruptions.
GlobalPetroleumandOtherLiquidsConsumption.EIAestimatesthatglobalconsumptiongrew
by1.3millionbbl/d(1.5%)in2013,averaging90.4millionbbl/dfortheyear.EIAexpectsglobal
consumptiontogrowby1.0millionbbl/din2014and1.2millionbbl/din2015.Projectedglobal
oilconsumptionweightedrealGDP,whichincreasedbyanestimated2.7%in2013,growsby
2.7%and3.3%in2014and2015,respectively.

ConsumptionoutsideoftheOrganizationforEconomicCooperationandDevelopment(OECD)is
projectedtogrowby1.2millionbbl/din2014and1.1millionbbl/din2015,accountingfor
nearlyallforecastglobalconsumptiongrowthduringthatperiod.Chinaistheleading
contributortoprojectedglobalconsumptiongrowth,withconsumptionincreasingby0.37
millionbbl/dinboth2014and2015.

EIAexpectsa0.20millionbbl/ddeclineinOECDconsumptionin2014.JapanandEuropeare
expectedtoaccountformuchoftheprojectedOECDconsumptiondeclines.EIAexpectsJapan's
consumption,whichfellby0.16millionbbl/din2013,tocontinuetodeclinebyanannual
averageof0.13millionbbl/din2014and0.14millionbbl/din2015.Japansoilconsumptionis
expectedtofallasthecountrycontinuestoreduceitsshareofoilusedintheelectricitysector,
replacingitwithnaturalgas,coal,andnuclearpowerasthecountryreturnssomenuclear
powerplantstoservicein2015.EIAprojectsthatOECDEurope'sconsumption,whichfellby
0.15millionbbl/din2013,willdeclineby0.13millionbbl/din2014andbyafurther0.02million
bbl/din2015.U.S.consumption,whichincreasedby0.47millionbbl/din2013,isexpectedto
declineby0.04millionbbl/din2014andthenincreaseby0.17millionbbl/din2015.

NonOPECPetroleumandOtherLiquidsSupply.EIAestimatesthatnonOPECproductiongrew
by1.4millionbbl/din2013,averaging54.1millionbbl/dfortheyear.EIAexpectsnonOPEC
productiontogrowby1.9millionbbl/din2014and1.2millionbbl/din2015.TheUnitedStates
istheleadingcontributortoforecastnonOPECsupplygrowth,increasingby1.48millionbbl/d
in2014and1.23millionbbl/din2015.EIAestimatesthatEurasia'sproductionwillrisebyan
annualaverageof0.08millionbbl/din2014and0.02millionbbl/din2015.Thisforecast
assumesthecurrenteconomicsanctionsonRussiadonotaffectRussianoilproductioninthe
shortterm.

U.S.EnergyInformationAdministration|ShortTermEnergyandWinterFuelsOutlookOctober2014


UnplannedsupplydisruptionsamongnonOPECproducersaveragednearly0.6millionbbl/din
September,downslightlyfromthepreviousmonth.SouthSudan,Syria,andYemenaccounted
formorethan90%oftotalnonOPECsupplydisruptions.EIAdoesnotassumeadisruptiontooil
supplyordemandasaresultofongoingeventsinUkraine.

OPECPetroleumandOtherLiquidsSupply.EIAestimatesthatOPECcrudeoilproduction
averaged29.9millionbbl/din2013,adeclineof0.99millionbbl/dfromthepreviousyear,
primarilyreflectingincreasedoutagesinLibya,Nigeria,andIraq,alongwithstrongnonOPEC
supplygrowth.EIAexpectsOPECcrudeoilproductiontofallby0.2millionbbl/din2014andby
morethan0.4millionbbl/din2015toaccommodategrowingproductioninnonOPEC
countries.

UnplannedcrudeoilsupplydisruptionsamongOPECproducersaveraged2.2millionbbl/din
September2014,0.2millionbbl/dlowerthanthepreviousmonthbecauseofdecreasedoutages
inLibya.Libyasproductionincreasedto0.8millionbbl/dinSeptember,0.3millionbbl/dhigher
thanthepreviousmonth,butstillwellbelowthe1.4millionbbl/dthecountryproducedbefore
themajorblockadesstartedinmid2013.Libyastillfacesaconsiderablechallengeinrampingup
productiontoitsfullcapacityorevensustainingitatthecurrentlevel.Despitetherecent
productionincrease,thesecuritysituationhasdeterioratedinpartsofthecountry,andthe
evacuationofforeignworkersisinhibitingproductionlevelsfromreachingcapacityatsome
fields.Asaresult,EIAdoesnotexpectLibya'soilproductiontorecovertoitspreblockadelevel
overtheforecastperiod.

EIAexpectsOPECsurpluscrudeoilproductioncapacity,whichisconcentratedinSaudiArabia,
toaverage2.2millionbbl/din2014and3.0millionbbl/din2015.Theseestimatesdonot
includeadditionalcapacitythatmaybeavailableinIranbutisofflinebecauseoftheeffectsof
U.S.andEuropeanUnionsanctionsonIran'sabilitytosellitsoil.

OECDPetroleumInventories.EIAestimatesthatOECDcommercialoilinventoriestotaled2.55
billionbarrelsattheendof2013,equivalenttoroughly55daysofconsumption.ProjectedOECD
oilinventoriesriseto2.62billionbarrelsattheendof2014.

CrudeOilPrices.NorthSeaBrentcrudeoilspotpricesaveraged$97/bblinSeptember,a
decreaseof$5/bblfromAugustandthefirstmonthBrentcrudeoilpriceshaveaveragedbelow
$100/bblsinceJune2012.Brentcrudeoilpricesweredrivendownwardinlargepartbecauseof
weakeningglobaloildemandandhigherLibyanoilexports(EIA,ThisWeekinPetroleum,
September24,2014).TheforecastBrentcrudeoilpriceaverages$104/bblin2014and
$102/bblin2015,$2/bbllowerand$1/bbllowerthanprojectedinlastmonth'sSTEO,
respectively.

ThemonthlyaverageWTIcrudeoilspotpricefellfromanaverageof$97/bblinAugustto
$93/bblinSeptember.HighrefineryrunscontributedtothediscountofWTIcrudeoiltoBrent

U.S.EnergyInformationAdministration|ShortTermEnergyandWinterFuelsOutlookOctober2014

crudeoilfallingfromanaverageof$8/bblduringthefirsthalfofthisyeartoanaverageof
$4/bblinthethirdquarter.EIAnowexpectsWTIcrudeoilpricestoaverage$91/bblinthe
fourthquarterof2014and$95/bblin2015.ThediscountofWTItoBrentcrudeoilisforecastto
widenfromcurrentlevels,averaging$7/bblinthefourthquarterof2014andin2015.

Energypriceforecastsarehighlyuncertain,andthecurrentvaluesoffuturesandoptions
contractssuggestthatpricescoulddiffersignificantlyfromtheforecastlevels(MarketPrices
andUncertaintyReport).WTIfuturescontractsforJanuary2015delivery,tradedduringthe
fivedayperiodendingOctober2,averaged$91/bbl.Impliedvolatilityaveraged19%,
establishingthelowerandupperlimitsofthe95%confidenceintervalforthemarket's
expectationsofmonthlyaverageWTIpricesinJanuary2015at$76/bbland$107/bbl,
respectively.Lastyearatthistime,WTIforJanuary2014deliveryaveraged$102/bbland
impliedvolatilityaveraged20%.Thecorrespondinglowerandupperlimitsofthe95%
confidenceintervalwere$85/bbland$121/bbl.

U.S.PetroleumandOtherLiquids

LiquidFuelsConsumption.TotalU.S.liquidfuelsconsumptionroseby470,000bbl/d(2.5%)in
2013,thelargestincreasesince2004.Consumptionofallthemajorliquidfuelsrose,except
residualfueloil.Consumptionofhydrocarbongasliquids(HGL)registeredthelargestgain,
increasingby190,000bbl/d(8.5%).In2014,totalliquidfuelsconsumptionisexpectedtofallby
40,000bbl/d(0.2%),withdeclinesintheconsumptionofmotorgasoline,HGL,residualfueloil,
andotheroilsoffsettingincreasesindistillatefuelandunfinishedoilsconsumption.Total
consumptiongrowsby170,000bbl/din2015,withHGLconsumptionaccountingforthree
fourthsoftheincrease.

Motorgasolineconsumptiongrewby160,000bbl/d(1.9%)in2013,thelargestincreasesince
2004.Butconsumptionofthatfuelfallsby20,000bbl/d(0.2%)in2014andbyafurther20,000
bbl/din2015asimprovingfueleconomyinnewvehiclesoffsetshighwaytravelgrowth.
Distillatefuelconsumptionincreasesby150,000bbl/d(3.9%)in2014,reflectingcolderthan
averagefirstquarterweatherandeconomicgrowth.Consumptionofthatfuelrisesbyamore
moderate70,000bbl/d(1.9%)in2015underassumptionsofnormalwinterweather.

LiquidFuelsSupply.TheforecastfortotalU.S.crudeoilproductionincreasesfrom7.4million
bbl/din2013to8.5millionbbl/din2014and9.5millionbbl/din2015.Thehighestprevious
annualaverageU.S.productionlevelwas9.6millionbbl/din1970.OilproductionfromtheGulf
ofMexicoisexpectedtoincreasefrom1.3millionbbl/din2013to1.6millionbbl/din2015,
with11projectsstartingthisyear.Sixprojectsbeganproductioninthefirsthalfof2014:Na
KikaPhase3,MarsB,Dalmatian,Entrada,AtlantisPhase2,andTubularBells.Additionalwells
areexpectedtocomeonlineinthefourthquarterof2014fromtheCardamomDeep,South
Deimos/WestBoreas,HadrianSouth,Jack/St.Malo,andLuciusprojects.

U.S.EnergyInformationAdministration|ShortTermEnergyandWinterFuelsOutlookOctober2014

HGLproductionatnaturalgasliquidsplantsisprojectedtoincreasefrom2.6millionbbl/din
2013to3.2millionbbl/din2015.Mostofthisgrowthisexpectedtocomefromadditional
ethaneandpropaneproductionthatwillmeetgrowingdemandassociatedwithexpanding
domesticethyleneandpropyleneproductionandexportcapacity.

Thegrowthindomesticproductionhascontributedtoasignificantdeclineinpetroleum
imports.TheshareoftotalU.S.liquidfuelsconsumptionmetbynetimportsfellfrom60%in
2005toanaverageof33%in2013.EIAexpectsthenetimportsharetodeclineto20%in2015,
whichwouldbethelowestlevelsince1968.

PetroleumProductPrices.Monthlyaverageregulargasolineretailpricesfellfrom$3.69/galin
Juneto$3.41/galinSeptember.EIAexpectsaverageregulargasolineretailpricestocontinue
fallingto$3.14/galinDecember.TheU.S.annualaverageregulargasolineretailprice,which
averaged$3.51/galin2013,isprojectedtoaverage$3.45/galin2014and$3.38/galin2015.
Dieselfuelprices,whichaveraged$3.92/galin2013,areprojectedtofalltoanaverageof
$3.85/galin2014and$3.80/galin2015.Dailyandweeklynationalaveragepricescandiffer
significantlyfrommonthlyandseasonalaverages,andtherearealsosignificantdifferences
acrossregions,withmonthlyaveragepricesinsomeareasfallingaboveorbelowthenational
averagepriceby$0.30/galormore.

NaturalGas

NaturalGasConsumption.EIAexpectsthattotalnaturalgasconsumptiontoaverage72.5
Bcf/din2014,anincreaseof1.6%from2013,withtheindustrialsectorleadingthegrowth.In
2015,totalnaturalgasconsumptionwillincrease0.3%,ascontinuedindustrialsectorgrowth
andhigherelectricpowersectorconsumptionoffsetlowerresidentialandcommercial
consumption.Highernaturalgaspricesthisyearcontributetoa2.3%declineinnaturalgas
consumptioninthepowersectorto21.8Bcf/din2014.EIAexpectsnaturalgasconsumptionin
thepowersectortoincreaseto22.6Bcf/din2015.

NaturalGasProductionandTrade.EIAexpectsnaturalgasmarketedproductiontogrowbyan
annualrateof5.4%in2014and2.0%in2015.STEOprojectsthatthestrongincreasesalready
seenintheLower48statesthisyearwillcontinue,offsettingdeclinesintheGulfofMexico.As
ofJuly,themostrecentmonthforwhichEIAdataareavailable,marketedproductionwas4.2
Bcf/dgreaterthanitwasinJuly2013.

Growingdomesticproductionisexpectedtocontinuetoputdownwardpressureonnaturalgas
importsfromCanadaandspurexportstoMexico.ExportstoMexico,particularlyfromtheEagle
FordShaleinSouthTexas,areexpectedtoincreasebecauseofgrowingdemandfromMexico's
electricpowersectorandflatMexicanproduction.

LNGimportshavefallenoverthepastfouryearsbecausehigherpricesinEuropeandAsiaare
moreattractivetosellersthantherelativelylowpricesintheUnitedStates.LNGexportsare

U.S.EnergyInformationAdministration|ShortTermEnergyandWinterFuelsOutlookOctober2014

stillaverysmallpartofthetotalpicture,however,andoveralltheUnitedStateswillremaina
netimporterofnaturalgasbecauseofpipelineimportsfromCanada.

NaturalGasInventories.Naturalgasworkinginventoriestotaled3,100BcfasofSeptember26,
whichwas373Bcflowerthanatthesametimelastyearand399Bcflowerthantheprevious
fiveyear(200913)average.TheinjectionseasonbegansomewhatslowlyinApril,buthas
continuedatastrongpace,withinjectionsabovethefiveyear(200913)averagethroughout
mostoftheinjectionseason.EIAexpectsworkinggasstockswillreach3,532Bcfattheendof
October,283Bcflowerthanatthesametimelastyear.Headingintonextsummer,EIAprojects
endofMarch2015inventorieswillbe122Bcfbelowthefiveyear(201014)average.

NaturalGasPrices.TheHenryHubnaturalgasspotpriceaveraged$3.92/MMBtuinSeptember,
aslightincreasefromAugust.EIAexpectsspotpricestoremainbelow$4.00/MMBtuthrough
November,beforerisingwithwinterheatingdemand.ProjectedHenryHubnaturalgasprices
average$4.45/MMBtuin2014and$3.84/MMBtuin2015.

NaturalgasfuturespricesforJanuary2015delivery(forthefivedayperiodendingOctober2)
averaged$4.19/MMBtu.Currentoptionsandfuturespricesimplythatmarketparticipants
placethelowerandupperboundsforthe95%confidenceintervalforDecember2014contracts
at$2.96/MMBtuand$5.94/MMBtu,respectively.Atthistimelastyear,thenaturalgasfutures
contractforJanuary2014averaged$3.83/MMBtuandthecorrespondinglowerandupperlimits
ofthe95%confidenceintervalwere$2.91/MMBtuand$5.04/MMBtu.

Coal

AccordingtodatacompiledbytheAssociationofAmericanRailroads(AAR),yeartodaterail
coalshipmentsweredownby0.1%asofSeptember27.AARdatashowthattotalU.S.railtraffic
isup4.4%yeartodateandshipmentsofpetroleumandgrainareupby12.5%and17.7%,
respectively.

TworailwaysthatservePowderRiverBasin(PRB)producers,UnionPacificandBNSF,provided
theU.S.SurfaceTransportationBoard(STB)withtheirassessmentsoftheirabilitytoproviderail
servicefortheremainderoftheyear(fallpeakperiod)andtheupcomingwinterseason.The
STBannuallyrequeststheassessmentsfromallClassIrailroads.UnionPacificstatedthatithas
respondedbyactivatingsurgeresources,whichincludedacquiringmorelocomotives,hiring
moreemployees,andincreasingcoaltrainsizeswherepossible.BNSFalsoplanstoexpandits
locomotivefleetandincreasecoaltrainsizes,buttheyemphasizedthattheirprioritywillbeto
transportcoalthatiscurrentlycontracted.

CoalSupply.EIAestimatesthatcoalproductionforthefirstthreequartersofthisyear,742
millionshorttons(MMst),wasslightlylower(3MMst,or0.4%)thanproductionoverthesame
periodlastyear.YeartodateproductionintheWest,whichincludesthePRB,isdownbynearly

U.S.EnergyInformationAdministration|ShortTermEnergyandWinterFuelsOutlookOctober2014

2MMst,andhasbeenhinderedbyrailtransportationproblems.EIAexpectsthatU.S.coal
productionwillaccelerateinthefourthquarterandannualproductionwillgrow1.4%to998
MMstin2014.In2015,forecastU.S.coalproductionincreasesby0.4%to1,002MMst.

Electricpowersectorcoalinventoriesfellto125MMstattheendofJuly,7MMstlowerthan
thepreviousmonth.Thisstockdrawdownwas4MMstlessthanthesametimelastyear.Coal
inventoryreductionsintheMidwestandSouth,tworegionsthatrelyheavilyoncoalfired
generation,weredown1MMstand2MMst,respectively,whencomparedwithlastyear.

CoalConsumption.Higherelectricitydemandandhigherpowersectornaturalgaspricesthat
aremorethan21%abovetheir2013levelcontributedtoa3.0%increaseinelectricpower
sectorcoalconsumptionforthefirstsevenmonthsofthisyearfromthesameperiodlastyear.
EIAprojectstotalcoalconsumptionof941MMstin2014,anincreaseof1.7%fromlastyear.
Totalcoalconsumptionisprojectedtofallby2.0%in2015,asretirementsofcoalpowerplants
riseinresponsetotheimplementationoftheMercuryandAirToxicsStandards,electricitysales
growthslowsto0.6%,andnaturalgaspricesfallrelativetocoalprices.

CoalTrade.EIAestimatesthatcoalexportsforthefirstsevenmonthsofthisyearwere15.5%
(10.9MMst)lowercomparedwithlastyear,withtonnagedeclinesforsteamcoalexportsmore
than4timesthoseformetallurgicalcoal.Exportsofcoalareprojectedtodeclineto96MMstin
2014from118MMstin2013,primarilybecauseofslowingworldcoaldemandgrowth,lower
internationalcoalprices,andincreasingcoaloutputinothercoalexportingcountries.EIA
projectscoalexportstoremainnearlyflatin2015.

Coalimportsforthefirstsevenmonthsofthisyearincreasedby36.5%(1.8MMst)compared
withlastyear.EIAexpectscoalimports,whichaccountforabout1%ofU.S.coalconsumption,
tototal11.4MMstin2014andfallslightlyto10.7MMstin2015.

CoalPrices.Annualaveragecoalpricestotheelectricpowerindustryfellfrom$2.39/MMBtuin
2011to$2.35/MMBtuin2013.EIAexpectstheaveragedeliveredcoalpricestobe
$2.36/MMBtuin2014andremainatthatlevelin2015.

Electricity

ElectricityConsumption.ForecastU.S.salesofelectricitytotheresidentialsectorare1.7%
higherin2014comparedwithlastyear,driveninlargepartbythecoldweatherexperienced
earlyintheyear.Residentialelectricitysalesfallby0.3%in2015.U.S.commercialsector
electricitysalesareexpectedtoaverage0.9%higherin2014thansaleslastyearandthengrow
by0.4%in2015.EIAexpectsU.S.industrialsectorelectricitysalestoremainflatduring2014
andgrowby2.1%in2015.
ElectricityGeneration.EIAprojectsthataveragedailyU.S.electricitygenerationin2014will
growby105gigawatthoursperday(0.9%)fromlastyear.Relativefuelcostshavefavoredcoal

U.S.EnergyInformationAdministration|ShortTermEnergyandWinterFuelsOutlookOctober2014

10

firedgenerationovernaturalgasthisyear,leadingtoanexpectedincreaseincoalsshareof
totalgenerationfrom39.1%in2013to39.8%thisyear,whilethesharesuppliedbynaturalgas
fallsfrom27.4%to26.8%.In2015,EIAexpectsthatnaturalgas'fuelsharewillriseto27.6%and
coal'sfuelsharewilldeclineto38.7%.

ElectricityRetailPrices.EIAexpectstheU.S.residentialpricetoaverage12.5centsper
kilowatthourin2014,whichis3.0%higherthantheaveragelastyear.Pricesincreaseinall
regionsofthecountryexceptalongthePacificCoast.AverageU.S.residentialelectricityprices
growataslowerrateof1.7%in2015.

RenewablesandCarbonDioxideEmissions

ElectricityandHeatGenerationfromRenewables.EIAprojectsthattotalrenewablesusedfor
electricityandheatgenerationwillgrowby2.2%in2014.Conventionalhydropowergeneration
isprojectedtofallby4.2%,whilenonhydropowerrenewablesriseby5.6%.Nonhydropower
renewablesgenerationsurpasseshydropoweronanannualbasisforthefirsttimein2014.In
2015,totalrenewablesconsumptionforelectricpowerandheatgenerationincreasesby4.6%,
asaresultofa4.3%increaseinhydropoweranda4.7%increaseinnonhydropowerrenewables.

EIAprojectsthatwindpowercapacitywillincreaseby8.8%in2014and16.2%in2015.
Electricitygenerationfromwindisprojectedtocontribute4.7%oftotalelectricitygenerationin
2015.

EIAexpectscontinuedrobustgrowthinsolarelectricitygeneration,althoughtheamountof
utilityscalegenerationremainsasmallshareoftotalU.S.generationatabout0.6%in2015.
Whilesolargrowthhashistoricallybeenconcentratedincustomersiteddistributedgeneration
installations,utilityscalesolarcapacityslightlymorethandoubledin2013.EIAexpectsthat
utilityscalesolarcapacitywillaboutdoubleagainbetweentheendof2013andtheendof
2015;abouttwothirdsofthisnewcapacityisbeingbuiltinCalifornia.However,customersited
photovoltaiccapacitygrowth,whichtheSTEOdoesnotforecast,isexpectedtoexceedutility
scalesolargrowthbetween2013and2015,accordingtoEIA'sAnnualEnergyOutlook2014.

LiquidBiofuels.EthanolproductioninJunematchedthemonthlyaverageproductionrecordof
959,000bbl/dsetinDecember2011,andthenfellbacktoanaverageof909,000bbl/din
September.EIAexpectsethanolproductiontoaverage927,000bbl/din2014and933,000bbl/d
in2015.Biodieselproductionaveraged89,000bbl/din2013andisforecasttoaverage81,000
bbl/din2014and84,000bbl/din2015.
EnergyRelatedCarbonDioxideEmissions.EIAestimatesthatcarbondioxideemissionsfrom
fossilfuelsincreasedby2.5%in2013fromthepreviousyear.Emissionsareforecasttoriseby
1.1%in2014,andthentodeclineby0.4%in2015.Theincreaseintotalemissionsin2013and
2014reflectsincreasesinemissionsfromcoalof4.2%and1.8%,respectively.Thepriceof
naturalgastoelectricpowergeneratorswas$0.91/MMBtuaboveits2012levelin2013andis

U.S.EnergyInformationAdministration|ShortTermEnergyandWinterFuelsOutlookOctober2014

11

expectedtoriseby$0.91/MMBtuin2014,contributingtoanincreaseincoaluse.Coal
emissionsareprojectedtodeclineby1.9%in2015.

U.S.EconomicAssumptions

RecentEconomicIndicators.Economicgrowthimprovedsubstantiallyinthesecondquarterof
2014.TheU.S.BureauofEconomicAnalysis(BEA)reportedthatsecondquarterrealgross
domesticproduct(GDP)grewatanannualizedrateof4.6%fromthefirstquarterof2014,which
reflectsanupwardrevisionof0.4%fromitspreviousestimate.Recenthousingdatahavebeen
mixed.TheCensusBureaureportedthatnewhomesalesinAugustrose18%overJulylevels,
and33%overlevelsinAugust2013.ExistinghomesalesinAugust,however,fellby1.8%from
JulyaccordingtheNationalAssociationofRealtors.Censusalsoreportedthatnewordersfor
durablegoodsfell18.2%fromJulytoAugust,butrose0.7%excludingtransportation.
EIAusedtheSeptember2014versionoftheIHSmacroeconomicmodelwithEIA'senergyprice
forecastsasmodelinputstodeveloptheeconomicprojectionsintheSTEO.
ProductionandIncome.RealGDPgrowthreaches2.2%in2014andacceleratesto2.9%in
2015,similartotheforecastlastmonth.Exportsareexpectedtopickupinthelatterhalfof
2014relativetoimports,butastrongdollarwillslowthesegainsin2015.Housingstartsmore
thanmakeupforthisin2015.Realdisposableincomegrowsby2.5%in2014,thesameaslast
month,andtotalindustrialproductiongrowsby4.1%in2014,upfrom3.9%forecastlastmonth.
In2015,thesevariablesgrowat2.5%and3.7%,respectively.
Expenditures.Privaterealfixedinvestmentgrowthaverages5.5%and7.4%in2014and2015,
respectively,ledbyindustrialandtransportationequipmentin2014andabroadarrayof
equipmentcategoriesin2015.Realconsumptionexpendituresgrowatthesamerateasreal
GDPin2014at2.2%,butfallbelowtherealGDPgrowthratein2015at2.6%.Durablegoods
expendituresdriveconsumptionspendinginbothyears.Exportgrowthis2.8%and4.9%over
thesametwoyears,whileimportgrowthis3.2%in2014and4.2%in2015.Totalgovernment
expendituresfallby0.4%in2014,butincreaseby0.5%in2015.
U.S.Employment,Housing,andPrices.Projectedgrowthinnonfarmemploymentaverages
1.8%in2014and2015.Thisisaccompaniedbyagraduallydecliningunemploymentratethat
reaches5.7%attheendof2015.Theemploymentgrowthin2015isslowerthanprojectedlast
monthandthedeclinesintheunemploymentratearethesame.Housingstartsgrowan
averageof8.9%and25.4%in2014and2015,respectively.Bothconsumerandproducerprice
indexesincreaseatamoderatepace,andwagescontinuetoshowmodestgains.
ThisreportwaspreparedbytheU.S.EnergyInformationAdministration(EIA),thestatistical
andanalyticalagencywithintheU.S.DepartmentofEnergy.Bylaw,EIA'sdata,analyses,and
forecastsareindependentofapprovalbyanyotherofficeroremployeeoftheUnitedStates
Government.Theviewsinthisreportthereforeshouldnotbeconstruedasrepresenting
thoseoftheU.S.DepartmentofEnergyorotherfederalagencies.

U.S.EnergyInformationAdministration|ShortTermEnergyandWinterFuelsOutlookOctober2014

12

U.S. Energy Information Administration


Independent Statistics & Analysis

Short-Term Energy Outlook


Chart Gallery for October 2014

West Texas Intermediate (WTI) Crude Oil Price


dollars per barrel
220
200
180
160
140
120
100
80
60
40
20
0
Jan 2013

Historical spot price


STEO price forecast
NYMEX futures price
95% NYMEX futures upper confidence interval
95% NYMEX futures lower confidence interval

Jul 2013

Jan 2014

Jul 2014

Jan 2015

Jul 2015

Note: Confidence interval derived from options market information for the 5 trading days ending Oct. 2,
2014. Intervals not calculated for months with sparse trading in near-the-money options contracts.

Source: Short-Term Energy Outlook, October 2014.

U.S. Gasoline and Crude Oil Prices


dollars per gallon
5.00
Price difference
4.50
Retail regular gasoline
4.00
Crude oil
3.50
3.00
2.50
2.00
1.50
1.00
0.50
0.00
Jan 2010
Jan 2011
Jan 2012

Forecast

Jan 2013

Jan 2014

Jan 2015

Crude oil price is composite refiner acquisition cost. Retail prices include state and federal taxes.

Source: Short-Term Energy Outlook, October 2014.

U.S. Diesel Fuel and Crude Oil Prices


dollars per gallon
5.00
Price difference
4.50
Retail diesel fuel
4.00
Crude oil
3.50
3.00
2.50
2.00
1.50
1.00
0.50
0.00
Jan 2010
Jan 2011

Forecast

Jan 2012

Jan 2013

Jan 2014

Jan 2015

Crude oil price is composite refiner acquisition cost. Retail prices include state and federal taxes.

Source: Short-Term Energy Outlook, October 2014.

Henry Hub Natural Gas Price


dollars per million Btu
12
10
8

Historical spot price


STEO forecast price
NYMEX futures price
95% NYMEX futures upper confidence interval
95% NYMEX futures lower confidence interval

6
4
2
0
Jan 2013

Jul 2013

Jan 2014

Jul 2014

Jan 2015

Jul 2015

Note: Confidence interval derived from options market information for the 5 trading days ending Oct. 2,
2014. Intervals not calculated for months with sparse trading in near-the-money options contracts.

Source: Short-Term Energy Outlook, October 2014.

U.S. Natural Gas Prices


dollars per thousand cubic feet
20
18

Residential price
Henry Hub spot price

Forecast

16
14
12
10
8
6
4
2
0
Jan 2010

Jan 2011

Jan 2012

Jan 2013

Source: Short-Term Energy Outlook, October 2014.

Jan 2014

Jan 2015

World Liquid Fuels Production and


Consumption Balance
MMbbl/d

million barrels per day (MMbbl/d)


96

Forecast

Implied stock change and balance (right axis)

94

World production (left axis)

92

5
4

World consumption (left axis)

90

88

86

84

82

-1

80

-2

78
2009-Q1

-3
2010-Q1

2011-Q1

2012-Q1

2013-Q1

2014-Q1

2015-Q1

Source: Short-Term Energy Outlook, October 2014.

Estimated Historical Unplanned OPEC


Crude Oil Production Outages
million barrels per day
3.0

Iraq
Nigeria
Libya
Iran

2.5
2.0
1.5
1.0
0.5

0.0
Jan 2011 Jul 2011 Jan 2012 Jul 2012 Jan 2013 Jul 2013 Jan 2014 Jul 2014
Source: Short-Term Energy Outlook, October 2014.

Estimated Historical Unplanned Non-OPEC


Liquid Fuels Production Outages
million barrels per day

Indonesia

1.4

Gabon

1.2

United States
Mexico

1.0

Colombia
Argentina

0.8

Australia

0.6

Brazil
Canada

0.4

North Sea

0.2
0.0
Jan 2011

Yemen
China

Jan 2012

Jan 2013

Jan 2014

Syria
Sudan / S. Sudan

Source: Short-Term Energy Outlook, October 2014.

World Liquid Fuels Consumption


million barrels per day (MMbbl/d)

annual change (MMbbl/d)

94

Change in U.S. consumption (right axis)

92

Change in China consumption (right axis)

90

Change in other consumption (right axis)

88

Total world consumption (left axis)

86

84

82

80

78

-1
-2

76
2007

2008

2009

2010

2011

2012

2013

2014

2015

Source: Short-Term Energy Outlook, October 2014.

World Liquid Fuels Consumption Growth


million barrels per day
1.0

Forecast

0.8
0.6
0.4
0.2
0.0
-0.2
-0.4
2013
OECD*

2014
Non-OECD Asia

2015

Former Soviet Union

Other

* Countries belonging to the Organization for Economic Cooperation and Development

Source: Short-Term Energy Outlook, October 2014.

World Crude Oil and Liquid Fuels Production Growth


million barrels per day
2.0
Forecast
1.5
1.0
0.5
0.0
-0.5
-1.0
-1.5
2013
OPEC countries

2014
North America

2015
Russia and Caspian Sea

Latin America

North Sea

Other Non-OPEC

Source: Short-Term Energy Outlook, October 2014.

Non-OPEC Crude Oil and Liquid Fuels Production Growth


million barrels per day
4.5
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
-0.5
-1.0

United Kingdom

Syria

Mexico

Azerbaijan

Egypt

Norway

Australia

Gabon

Other North Sea

Vietnam

India

Malaysia

Oman

Colombia

Kazakhstan

Brazil

Sudan/S. Sudan

China

Russia

Canada

United States

2015
2014
2013

Source: Short-Term Energy Outlook, October 2014.

World Consumption and Non-OPEC Production Growth


dollars per barrel

million barrels per day


8

80

World oil consumption growth (left axis)

Forecast

Non-OPEC production growth (left axis)

60

Change in WTI price (right axis)

40

20

-20

-40

-60

-80

-1
2011-Q1

-100
2012-Q1

2013-Q1

2014-Q1

2015-Q1

Source: Short-Term Energy Outlook, October 2014.

OPEC surplus crude oil production capacity


million barrels per day
6
Forecast
5
4
3
2
1
0
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Note: Shaded area represents 2003-2013 average (2.2 million barrels per day).

Source: Short-Term Energy Outlook, October 2014.

OECD Commercial Crude Oil Stocks


days of supply
70

Forecast

65
60
55
50
45
40
Jan 2009

Jan 2010

Jan 2011

Jan 2012

Jan 2013

Jan 2014

Jan 2015

Note: Colored band around crude oil stocks days of supply represents the range between the
minimum and maximum from Jan. 2009 - Dec. 2013.

Source: Short-Term Energy Outlook, October 2014.

U.S. Crude Oil and Liquid Fuels Production


million barrels per day (MMbbl/d)

annual change (MMbbl/d)

15
14
13
12
11
10
9
8
7
6

1.6
1.4
1.2
1.0
0.8
0.6
0.4
0.2
0.0
-0.2
2012
2013
Crude oil (right axis)
Fuel ethanol (right axis)
Total production (left axis)

2014
2015
Natural gas plant liquids (right axis)
Biodiesel (right axis)
Production forecast (left axis)

Source: Short-Term Energy Outlook, October 2014.

U.S. Commercial Crude Oil Stocks


million barrels
425

Forecast

400
375
350
325
300
275
250
Jan 2009

Jan 2010

Jan 2011

Jan 2012

Jan 2013

Jan 2014

Jan 2015

Note: Colored band around storage levels represents the range between the minimum and
maximum from Jan. 2009 - Dec. 2013.

Source: Short-Term Energy Outlook, October 2014.

U.S. Liquid Fuels Consumption


million barrels per day (MMbbl/d)

annual change (MMbbl/d)

20.0

0.75

19.5

0.60

19.0

0.45

18.5

0.30

18.0

0.15

17.5

0.00

17.0

-0.15
-0.30

16.5
2012
2013
Motor gasoline (right axis)
Distillate fuel (right axis)
Total consumption (left axis)

2014
2015
Jet fuel (right axis)
Other fuels (right axis)
Consumption forecast (left axis)

Source: Short-Term Energy Outlook, October 2014.

U.S. Gasoline and Distillate Inventories


million barrels
260
Total motor gasoline inventory
240
220
200
180
160
140
120
100
Total distillate fuel inventory
80
60
Jan 2009
Jan 2010
Jan 2011
Jan 2012

Forecast

Jan 2013

Jan 2014

Jan 2015

Note: Colored bands around storage levels represent the range between the minimum and
maximum from Jan. 2009 - Dec. 2013.

Source: Short-Term Energy Outlook, October 2014.

U.S. Natural Gas Consumption


billion cubic feet per day (Bcf/d)

annual change (Bcf/d)


8
7
6
5
4
3
2
1
0
-1
-2
-3

110
100
90
80
70
60
50
40
30
20
10
0
2012
2013
Electric power (right axis)
Industrial (right axis)
Total consumption (left axis)
Source: Short-Term Energy Outlook, October 2014.

2014
2015
Residential and comm. (right axis)
Other (right axis)
Consumption forecast (left axis)

U.S. Natural Gas Production and Imports


billion cubic feet per day (Bcf/d)

annual change (Bcf/d)

78
76
74
72
70
68
66
64
62
60

7
6
5
4
3
2
1
0
-1
-2
2012

2013

2014

2015

Federal Gulf of Mexico production (right axis)

U.S. non-Gulf of Mexico production (right axis)

U.S. net imports (right axis)

Total marketed production (left axis)

Marketed production forecast (left axis)

Source: Short-Term Energy Outlook, October 2014.

U.S. Working Natural Gas in Storage


billion cubic feet

deviation from average

5,000

Forecast

4,000

120%
100%

3,000

80%

2,000

60%

1,000

40%

20%
0%

-1,000
-2,000

-20%

Deviation from average

-40%
Storage level
-60%
-4,000
Jan 2010
Jan 2011
Jan 2012
Jan 2013
Jan 2014
Jan 2015
Note: Colored band around storage levels represents the range between the minimum
and maximum from Jan. 2009 - Dec. 2013.
Source: Short-Term Energy Outlook, October 2014.
-3,000

U.S. Coal Consumption


million short tons (MMst)

annual change (MMst)

180
150
120
90
60
30
0
-30
-60
-90
-120

100
90
80
70
60
50
40
30
20
10
0
2012

2013

Electric power (right axis)


Coke plants (right axis)
Consumption forecast (left axis)

Source: Short-Term Energy Outlook, October 2014.

2014

2015

Retail and general industry (right axis)


Total consumption (left axis)

U.S. Coal Production


million short tons (MMst)

annual change (MMst)

100

120

80

80

60

40

40

20

-40

-80
2012
2013
Western region (right axis)
Interior region (right axis)
Production forecast (left axis)

2014
2015
Appalachian region (right axis)
Total production (left axis)

Source: Short-Term Energy Outlook, October 2014.

U.S. Electric Power Coal Stocks


million short tons
250
Forecast
225
200
175
150
125
100
75
50
25
0
Jan 2006
Jan 2008
Jan 2010
Jan 2012
Jan 2014
Note: Colored band around stock levels represents the range between the minimum
and maximum from Jan. 2006 - Dec. 2013.
Source: Short-Term Energy Outlook, October 2014.

U.S. Electricity Consumption


million kilowatthours per day (kWh/d)

annual change (million kWh/d)

14,000

200

12,000

150

10,000

100

8,000

50

6,000

4,000

-50

2,000

-100
-150

0
2012

2013

2014

2015

Residential (right axis)

Commercial and transportation (right axis)

Industrial (right axis)

Direct use (right axis)

Total consumption (left axis)

Consumption forecast (left axis)

Source: Short-Term Energy Outlook, October 2014.

U.S. Residential Electricity Price


cents per kilowatthour
14

24%

12

20%

10

16%
10.3%

8
6

12%

3.2% 2.6%

8%

5.7%

5.4%
2.4%

2.2%

0.3%

3.0%
1.7%
1.6% 1.4% 2.0%

4%
0%

-4%
2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Annual growth (right axis)

Residential electricity price

Price forecast

Source: Short-Term Energy Outlook, October 2014.

U.S. Electricity Generation by Fuel, All Sectors


thousand megawatthours per day
14,000
Forecast
12,000
10,000
8,000
6,000
4,000

42.3% 37.4% 39.1% 39.8% 38.7%


49.0% 48.5% 48.2% 44.4% 44.8%

24.7% 30.3% 27.4% 26.8% 27.6%


20.1% 21.6% 21.4% 23.3% 23.9%

Coal
Natural gas
Petroleum
Nuclear
Hydropower
Renewables
Other sources

2,000
0
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Note: Labels show percentage share of total generation provided by coal and natural gas.
Source: Short-Term Energy Outlook, October 2014.

U.S. Renewable Energy Supply


quadrillion British thermal units (Btu)
10
9
8
7
6
5
4
3
2
1
0

Forecast

Solar
Geothermal
Other biomass
Wind power
Liquid biofuels
Wood biomass
Hydropower

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Note: Hydropower excludes pumped storage generation. Liquid biofuels include ethanol and biodiesel. Other
biomass includes municipal waste from biogenic sources, landfill gas, and other non-wood waste.

Source: Short-Term Energy Outlook, October 2014.

U.S. Annual Energy Expenditures


share of gross domestic product

Forecast

12%
10%
8%
6%
4%
2%
0%
1988

1991

1994

1997

2000

2003

2006

2009

2012

2015

Source: Short-Term Energy Outlook, October 2014.

U.S. Energy-Related Carbon Dioxide Emissions


annual growth
15%
12%
9%
6%
3%
0%
-3%
-6%
-9%
-12%
-15%

Forecast

2012

2013
All fossil fuels

2014

Coal

Petroleum

2015

Natural gas

Source: Short-Term Energy Outlook, October 2014.

U.S. Total Industrial Production Index


index (2007 = 100)

Forecast

115
110
105

change
60%

Change from prior year (right axis)

50%

Industrial production index (left axis)

40%

100

30%

95

20%

90

10%

85
80

0%

75

-10%

70
Jan 2010

-20%
Jan 2011

Jan 2012

Jan 2013

Source: Short-Term Energy Outlook, October 2014.

Jan 2014

Jan 2015

U.S. Disposable Income


billion 2009 dollars, seasonally adjusted

change

12,800

15%
Change from prior year (right axis)

12,400

12%

Real disposable income (left axis)

12,000

9%

11,600

6%

11,200

3%

10,800

0%

10,400

-3%

10,000
Jan 2010

-6%
Jan 2011

Jan 2012

Jan 2013

Jan 2014

Jan 2015

Source: Short-Term Energy Outlook, October 2014.

U.S. Summer Cooling Degree Days


population-weighted
450
400
350
300
250

2012
2013
2014
2015

200
150
100
50
0
April

May

June

July

August

September

Note: EIA calculations based on from the National Oceanic and Atmospheric Administration data. Horizontal lines
indicate each month's prior 10-year average (2005-2014). Projections reflect NOAA's 14-16 month outlook.

Source: Short-Term Energy Outlook, October 2014.

U.S. Winter Heating Degree Days


population-weighted
1000
900
800
700
600
500
400
300
200
100
0

2011/12
2012/13
2013/14
2014/15

October

November

December

January

February

March

Note: EIA calculations based on National Oceanic and Atmospheric Administration (NOAA) data. Horizontal lines
indicate each month's prior 10-year average (Oct 2004 - Mar 2014). Projections reflect NOAA's 14-16 month outlook.

Source: Short-Term Energy Outlook, October 2014.

U.S. Census Regions and Divisions

Source: Short-Term Energy Outlook, October 2014.

Table WF01. Average Consumer Prices and Expenditures for Heating Fuels During the Winter
U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
Winter of
07-08
08-09
09-10
10-11
11-12
12-13
Fuel / Region
Natural Gas
Northeast
Consumption (Mcf**)
Price ($/mcf)
Expenditures ($)
Midwest
Consumption (Mcf)
Price ($/mcf)
Expenditures ($)
South
Consumption (Mcf)
Price ($/mcf)
Expenditures ($)
West
Consumption (Mcf)
Price ($/mcf)
Expenditures ($)
U.S. Average
Consumption (Mcf)
Price ($/mcf)
Expenditures ($)
Heating Oil
U.S. Average
Consumption (gallons)
Price ($/gallon)
Expenditures ($)
Electricity
Northeast
Consumption (kWh***)
Price ($/kwh)
Expenditures ($)
Midwest
Consumption (kWh)
Price ($/kwh)
Expenditures ($)
South
Consumption (kWh)
Price ($/kwh)
Expenditures ($)
West
Consumption (kWh)
Price ($/kwh)
Expenditures ($)
U.S. Average
Consumption (kWh)
Price ($/kwh)
Expenditures ($)

13-14

Forecast
14-15
% Change

75.2
15.18
1,141

80.3
15.83
1,272

75.7
13.31
1,007

80.7
12.66
1,022

66.4
12.21
812

76.1
11.77
895

84.0
11.63
978

76.4
12.42
949

-9.1
6.8
-2.9

78.2
11.40
892

80.7
11.47
926

78.6
9.44
742

80.2
9.23
740

65.4
9.07
593

77.6
8.41
652

88.1
8.69
765

76.4
9.22
705

-13.3
6.2
-7.9

44.6
14.18
632

47.3
14.07
665

53.3
11.52
614

49.3
11.02
544

40.9
11.45
468

46.5
10.72
499

52.2
10.80
564

47.3
11.40
539

-9.4
5.6
-4.3

50.4
11.31
570

47.8
10.86
519

49.9
9.91
494

49.4
9.67
478

49.1
9.35
459

48.6
9.11
443

46.4
9.93
461

44.7
10.11
452

-3.7
1.9
-1.8

62.5
12.72
795

64.2
12.87
826

64.4
10.83
698

65.0
10.46
680

55.7
10.28
572

62.5
9.76
610

68.0
9.99
680

61.4
10.57
649

-9.8
5.8
-4.6

537.9
3.33
1,790

576.7
2.65
1,530

544.8
2.85
1,552

580.7
3.38
1,966

471.2
3.73
1,757

545.6
3.87
2,114

607.5
3.88
2,354

549.4
3.63
1,992

-9.6
-6.4
-15.4

6,835
0.145
988

7,063
0.152
1,071

6,847
0.152
1,040

7,076
0.154
1,091

6,436
0.154
993

6,863
0.152
1,046

7,221
0.163
1,178

6,880
0.167
1,149

-4.7
2.4
-2.5

8,631
0.090
774

8,751
0.097
851

8,660
0.099
856

8,733
0.105
914

7,897
0.111
875

8,588
0.111
955

9,169
0.112
1,024

8,517
0.116
991

-7.1
4.1
-3.2

7,778
0.098
765

8,057
0.109
878

8,486
0.103
874

8,224
0.104
856

7,471
0.107
798

7,980
0.107
851

8,391
0.109
913

8,008
0.112
899

-4.6
3.2
-1.5

7,288
0.104
756

7,084
0.107
755

7,239
0.110
800

7,216
0.112
809

7,190
0.115
825

7,155
0.119
852

6,987
0.124
863

6,862
0.125
859

-1.8
1.3
-0.5

7,585
0.104
789

7,725
0.112
866

7,937
0.110
873

7,844
0.113
885

7,253
0.116
843

7,674
0.117
895

7,990
0.120
955

7,621
0.123
938

-4.6
2.9
-1.8

Table WF01. Average Consumer Prices and Expenditures for Heating Fuels During the Winter
U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
Winter of
07-08
08-09
09-10
10-11
11-12
12-13
Fuel / Region
Propane
Northeast
Consumption (gallons)
Price* ($/gallon)
Expenditures ($)
Midwest
Consumption (gallons)
Price* ($/gallon)
Expenditures ($)

Forecast
14-15
% Change

648.0
2.93
1,897

690.1
2.84
1,961

648.1
2.98
1,933

692.7
3.24
2,241

573.3
3.34
1,916

652.0
3.00
1,959

720.0
3.56
2,563

657.9
3.38
2,224

-8.6
-5.1
-13.2

774.6
2.25
1,744

795.0
2.11
1,678

779.6
1.99
1,548

791.8
2.11
1,674

644.3
2.23
1,437

766.4
1.74
1,333

868.7
2.61
2,267

753.8
1.99
1,500

-13.2
-23.8
-33.8

11,236
5,701
761
2,894
548

11,369
5,466
816
3,012
579

11,575
5,277
840
3,087
608

11,787
5,123
838
3,176
655

1.8
-2.9
-0.3
2.9
7.7

18,019
393
2,037
5,119
631

18,046
360
2,065
5,316
635

18,060
336
2,074
5,519
658

18,137
316
2,030
5,703
705

0.4
-6.0
-2.1
3.3
7.1

13,636
790
2,024
27,283
609

13,702
741
1,990
27,831
611

13,697
697
1,904
28,563
628

13,633
657
1,796
29,457
644

-0.5
-5.7
-5.7
3.1
2.5

15,021
261
885
8,439
736

14,998
246
911
8,650
730

15,100
238
920
8,879
730

15,269
232
889
9,154
743

1.1
-2.5
-3.4
3.1
1.8

57,912
7,145
5,707
43,734
2,524

58,114
6,811
5,782
44,810
2,554

58,432
6,548
5,738
46,048
2,625

58,826
6,328
5,553
47,490
2,748

0.7
-3.3
-3.2
3.1
4.7

4,217
4,484
2,023
3,230
3,225

4,965
5,544
2,432
3,185
3,723

5,595
6,451
2,792
2,992
4,114

5,002
5,440
2,466
2,848
3,633

-10.6
-15.7
-11.7
-4.8
-11.7

Number of households by primary space heating fuel (thousands)


Northeast
Natural gas
10,714 10,889 10,992 11,118
Heating oil
6,520
6,280
6,016
5,858
Propane
704
713
733
744
Electricity
2,550
2,563
2,645
2,776
Wood
414
474
501
512
Midwest
Natural gas
18,366 18,288 18,050 17,977
Heating oil
534
491
451
419
Propane
2,181
2,131
2,098
2,073
Electricity
4,469
4,570
4,715
4,922
Wood
528
584
616
618
South
Natural gas
14,061 13,958 13,731 13,657
Heating oil
1,051
956
906
853
Propane
2,356
2,220
2,165
2,098
Electricity
24,662 25,258 25,791 26,555
Wood
558
593
586
599
West
Natural gas
15,084 15,027 14,939 15,020
Heating oil
316
294
289
279
Propane
942
936
940
914
Electricity
7,651
7,768
7,877
8,126
Wood
679
703
721
725
U.S. Totals
Natural gas
58,226 58,162 57,713 57,771
Heating oil
8,422
8,021
7,662
7,408
Propane
6,184
5,999
5,936
5,829
Electricity
39,332 40,159 41,029 42,380
Wood
2,179
2,353
2,424
2,454
Heating degree days
Northeast
Midwest
South
West
U.S. Average

13-14

4,914
5,603
2,279
3,339
3,729

5,313
5,810
2,493
3,116
3,869

4,933
5,639
2,870
3,285
3,937

5,337
5,773
2,632
3,258
3,939

Note: Winter covers the period October 1 through March 31. Fuel prices are nominal prices. Fuel consumption per household is based only
on households that use that fuel as the primary space-heating fuel. Included in fuel consumption is consumption for water heating,
appliances, and lighting (electricity). Per-household consumption based on an average of EIA 2005 and 2009 Residential Energy
Consumption Surveys corrected for actual and projected heating degree days. Number of households using heating oil includes kerosene.
* Prices exclude taxes
** thousand cubic feet
*** kilowatthour

Table 1. U.S. Energy Markets Summary


U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
2013
1st

2nd

2014
3rd

4th

1st

2nd

2015
3rd

4th

1st

2nd

3rd

4th

2013

Year
2014

2015

Energy Supply
Crude Oil Production (a)
(million barrels per day) .........................

7.10

7.28

7.56

7.81

8.07

8.48

8.61

8.98

9.29

9.49

9.48

9.73

7.44

8.54

9.50

Dry Natural Gas Production


(billion cubic feet per day) .....................

65.46

66.21

66.76

67.64

68.23

69.75

70.31

70.77

71.17

71.10

70.95

71.20

66.53

69.78

71.10

Coal Production
(million short tons) ................................

245

243

257

239

245

246

251

256

255

240

256

251

984

998

1,002

Liquid Fuels
(million barrels per day) .........................

18.64

18.72

19.21

19.26

18.81

18.71

19.09

19.09

18.90

19.00

19.30

19.18

18.96

18.92

19.10

Natural Gas
(billion cubic feet per day) .....................

88.20

59.66

60.76

76.96

94.74

60.45

60.80

74.41

89.81

62.10

63.28

76.01

71.34

72.51

72.74

Coal (b)
(million short tons) ................................

229

216

253

226

249

213

250

229

237

209

252

223

925

941

921

Electricity
(billion kilowatt hours per day) ...............

10.39

10.03

11.55

10.00

10.91

10.03

11.46

9.96

10.75

10.10

11.70

10.07

10.50

10.59

10.65

Renewables (c)
(quadrillion Btu) .....................................

2.11

2.32

2.08

2.11

2.17

2.37

2.13

2.11

2.23

2.44

2.21

2.23

8.62

8.79

9.12

Total Energy Consumption (d)


(quadrillion Btu) .....................................

25.47

22.95

24.17

25.04

26.62

23.03

24.13

24.64

25.98

23.32

24.49

24.87

97.64

98.43

98.67

Crude Oil (e)


(dollars per barrel) .................................

101.14

99.45

105.24

95.97

97.56

100.94

95.82

90.00

91.65

93.67

96.02

93.00

100.46

96.07

93.63

Natural Gas Henry Hub Spot


(dollars per million Btu) ..........................

3.49

4.01

3.55

3.85

5.21

4.61

3.96

4.01

4.00

3.63

3.78

3.96

3.73

4.45

3.84

Coal
(dollars per million Btu) ..........................

2.35

2.37

2.33

2.34

2.33

2.39

2.36

2.35

2.36

2.36

2.35

2.36

2.35

2.36

2.36

Real Gross Domestic Product


(billion chained 2009 dollars - SAAR) .....
Percent change from prior year ..............

15,538
1.7

15,607
1.8

15,780
2.3

15,916
3.1

15,832
1.9

15,994
2.5

16,133
2.2

16,260
2.2

16,371
3.4

16,466
2.9

16,575
2.7

16,683
2.6

15,710
2.2

16,055
2.2

16,524
2.9

GDP Implicit Price Deflator


(Index, 2009=100) .................................
Percent change from prior year ..............

106.2
1.6

106.5
1.5

106.9
1.4

107.3
1.4

107.7
1.4

108.3
1.7

108.5
1.4

109.1
1.6

109.7
1.9

110.1
1.7

110.5
1.9

111.2
1.9

106.7
1.5

108.4
1.5

110.4
1.8

Real Disposable Personal Income


(billion chained 2009 dollars - SAAR) .....
Percent change from prior year ..............

11,539
-0.1

11,647
0.3

11,706
0.9

11,712
-1.9

11,810
2.4

11,932
2.5

11,988
2.4

12,023
2.7

12,126
2.7

12,194
2.2

12,276
2.4

12,362
2.8

11,651
-0.2

11,938
2.5

12,240
2.5

Manufacturing Production Index


(Index, 2007=100) .................................
Percent change from prior year ..............

97.1
3.2

97.5
2.7

97.9
2.7

99.0
3.2

99.4
2.4

101.2
3.8

102.4
4.6

103.6
4.6

104.4
5.1

105.2
4.0

106.0
3.5

106.9
3.2

97.9
2.9

101.6
3.9

105.6
3.9

2,222
36

510
377

76
803

1,660
86

2,454
34

481
392

86
792

1,520
92

2,114
39

478
390

77
843

1,540
94

4,469
1,303

4,541
1,309

4,208
1,365

Energy Consumption

Energy Prices

Macroeconomic

Weather
U.S. Heating Degree-Days ....................
U.S. Cooling Degree-Days ....................

- = no data available
Prices are not adjusted for inflation.
(a) Includes lease condensate.
(b) Total consumption includes Independent Power Producer (IPP) consumption.
(c) Renewable energy includes minor components of non-marketed renewable energy that is neither bought nor sold, either directly or indirectly, as inputs to marketed energy.
EIA does not estimate or project end-use consumption of non-marketed renewable energy.
(d) The conversion from physical units to Btu is calculated using a subset of conversion factors used in the calculations of gross energy consumption in EIAs Monthly Energy Review
Consequently, the historical data may not precisely match those published in the MER or the Annual Energy Review (AER).
(e) Refers to the refiner average acquisition cost (RAC) of crude oil.
Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
Historical data: Latest data available from Energy Information Administration databases supporting the following reports: Petroleum Supply Monthly , DOE/EIA-0109;
Petroleum Supply Annual , DOE/EIA-0340/2; Weekly Petroleum Status Report , DOE/EIA-0208; Petroleum Marketing Monthly , DOE/EIA-0380; Natural Gas Monthly , DOE/EIA-0130;
Electric Power Monthly , DOE/EIA-0226; Quarterly Coal Report , DOE/EIA-0121; and International Petroleum Monthly , DOE/EIA-0520.
Minor discrepancies with published historical data are due to independent rounding.
Projections: EIA Regional Short-Term Energy Model. Macroeconomic projections are based on Global Insight Model of the U.S. Economy.
Weather projections from National Oceanic and Atmospheric Administration.

Table 2. U.S. Energy Prices


U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
1st

2013
2nd
3rd

2014

94.34
112.49
98.71
101.14

94.10
102.58
97.39
99.45

105.84
110.27
103.07
105.24

97.34
109.21
92.95
95.97

98.75
108.17
94.10
97.56

103.35
109.70
98.54
100.94

97.78
101.82
93.13
95.82

289
312
308

290
295
276

288
306
295

259
299
296

272
303
303

298
300
289

316
252

287
244

298
247

294
250

297
249

357
363
403
389

360
367
388
365

357
364
391
366

329
337
387
373

Henry Hub Spot (dollars per thousand cubic feet) ..........


Henry Hub Spot (dollars per Million Btu) .........................
End-Use Prices (dollars per thousand cubic feet)

3.59
3.49

4.13
4.01

3.66
3.55

Industrial Sector ............................................................


Commercial Sector .......................................................
Residential Sector .........................................................
Electricity
Power Generation Fuel Costs (dollars per million Btu)

4.57
7.83
9.24

4.98
8.59
11.88

Coal ...............................................................................
Natural Gas ..................................................................
Residual Fuel Oil (c) ......................................................
Distillate Fuel Oil ...........................................................
End-Use Prices (cents per kilowatthour)

2.35
4.35
19.37
23.44

Industrial Sector ............................................................


Commercial Sector .......................................................
Residential Sector .........................................................

6.55
9.96
11.56

4th

1st

2013

Year
2014

2015

94.00
101.33
90.50
93.00

97.91
108.64
98.12
100.46

97.72
104.42
93.42
96.07

94.58
101.67
91.14
93.63

277
292
276

256
289
282

281
303
297

275
292
284

269
290
282

290
231

288
238

285
233

298
248

288
242

287
233

327
335
374
368

352
359
383
365

347
355
380
354

326
334
380
363

351
358
392
378

345
353
385
379

338
346
380
365

4.13
4.01

4.12
4.00

3.74
3.63

3.89
3.78

4.07
3.96

3.84
3.73

4.58
4.45

3.95
3.84

5.07
9.85
17.00

5.08
9.02
11.06

5.28
9.02
10.01

4.57
9.02
12.55

4.73
9.52
16.51

5.09
8.98
10.99

4.66
8.12
10.31

5.49
9.03
11.09

4.94
9.07
11.13

2.39
4.93
21.16
22.74

2.36
4.59
19.44
21.57

2.35
4.89
18.20
21.68

2.36
4.87
17.65
22.56

2.36
4.29
17.92
22.47

2.35
4.44
17.90
22.27

2.36
4.85
17.84
22.83

2.35
4.32
19.33
23.08

2.36
5.24
19.76
22.71

2.36
4.59
17.83
22.54

6.94
10.63
12.73

7.41
11.07
12.99

6.84
10.47
12.32

6.77
10.56
12.29

6.99
10.89
12.92

7.48
11.30
13.10

6.87
10.67
12.43

6.82
10.29
12.12

7.06
10.70
12.48

7.04
10.87
12.69

2nd

2015
3rd

4th

1st

2nd

3rd

4th

91.00
98.00
87.50
90.00

92.67
100.67
89.14
91.65

94.67
102.33
91.17
93.67

97.00
102.33
93.52
96.02

276
286
274

254
278
273

261
287
286

283
293
281

295
244

286
244

274
231

285
229

340
348
396
397

368
375
394
382

350
358
384
365

323
331
368
355

3.97
3.85

5.36
5.21

4.75
4.61

4.08
3.96

4.41
8.95
16.13

4.69
7.98
9.93

6.16
8.66
9.81

5.60
9.59
13.17

2.37
4.56
19.83
22.62

2.33
4.06
18.76
23.23

2.34
4.41
19.47
22.97

2.33
6.82
19.95
23.39

6.79
10.33
12.31

7.24
10.68
12.54

6.67
10.14
12.01

7.02
10.57
11.90

Crude Oil (dollars per barrel)


West Texas Intermediate Spot Average ...........................
Brent Spot Average ..........................................................
Imported Average .............................................................
Refiner Average Acquisition Cost ....................................
Liquid Fuels (cents per gallon)
Refiner Prices for Resale
Gasoline ........................................................................
Diesel Fuel ....................................................................
Heating Oil ....................................................................
Refiner Prices to End Users
Jet Fuel .........................................................................
No. 6 Residual Fuel Oil (a) ............................................
Retail Prices Including Taxes
Gasoline Regular Grade (b) ..........................................
Gasoline All Grades (b) .................................................
On-highway Diesel Fuel ................................................
Heating Oil ....................................................................
Natural Gas

- = no data available
Prices are not adjusted for inflation.
(a) Average for all sulfur contents.
(b) Average self-service cash price.
(c) Includes fuel oils No. 4, No. 5, No. 6, and topped crude.
Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
Prices exclude taxes unless otherwise noted.
Historical data: Latest data available from Energy Information Administration databases supporting the following reports: Petroleum Marketing Monthly , DOE/EIA-0380;
Weekly Petroleum Status Report , DOE/EIA-0208; Natural Gas Monthly , DOE/EIA-0130; Electric Power Monthly , DOE/EIA-0226; and Monthly Energy Review , DOE/EIA-0035.
WTI and Brent crude oils, and Henry Hub natural gas spot prices from Reuter's News Service (http://www.reuters.com).
Minor discrepancies with published historical data are due to independent rounding.
Projections: EIA Regional Short-Term Energy Model.

Table 3a. International Petroleum and Other Liquids Production, Consumption, and Inventories
U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
2013

2014

2015

Year
2014

2015

23.69
12.34
4.10
2.90
2.85
1.50
66.46
36.03
29.92
6.11
13.55
4.46
12.42
90.15

25.43
13.82
4.38
2.86
2.83
1.55
66.32
35.78
29.68
6.10
13.63
4.48
12.43
91.76

26.46
15.05
4.47
2.78
2.62
1.54
66.20
35.51
29.24
6.27
13.65
4.55
12.49
92.67

57.76

54.12

55.98

57.15

46.02
19.30
0.36
2.39
13.63
4.00
6.33
47.41
4.76
0.74
11.49
11.42
18.99
93.43

46.45
19.18
0.36
2.37
13.59
4.39
6.57
46.83
4.75
0.74
11.44
11.72
18.18
93.29

46.04
18.96
0.32
2.39
13.62
4.53
6.21
44.41
4.64
0.71
10.61
11.17
17.29
90.45

45.84
18.92
0.34
2.36
13.49
4.41
6.31
45.63
4.71
0.72
10.98
11.42
17.80
91.47

46.01
19.10
0.36
2.34
13.47
4.27
6.46
46.70
4.65
0.73
11.35
11.66
18.31
92.71

-0.33
0.00
0.00
-0.33

-0.17
0.10
0.18
0.11

0.47
-0.08
-0.13
0.27

0.13
0.13
0.04
0.30

-0.06
-0.12
-0.11
-0.29

-0.03
0.02
0.04
0.04

1,130
2,653

1,145
2,659

1,102
2,623

1,065
2,551

1,093
2,622

1,102
2,623

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

Supply (million barrels per day) (a)


OECD .................................................
U.S. (50 States) ...............................
Canada ............................................
Mexico .............................................
North Sea (b) ...................................
Other OECD ....................................
Non-OECD .........................................
OPEC ..............................................
Crude Oil Portion ..........................
Other Liquids ................................
Eurasia ............................................
China ...............................................
Other Non-OECD ............................
Total World Supply .............................

23.08
11.67
4.12
2.93
2.90
1.47
65.90
35.97
29.85
6.12
13.52
4.45
11.96
88.98

23.25
12.10
3.86
2.89
2.88
1.52
66.86
36.47
30.38
6.09
13.45
4.49
12.45
90.12

23.89
12.63
4.11
2.88
2.73
1.54
66.79
36.21
30.12
6.09
13.50
4.37
12.71
90.68

24.52
12.96
4.31
2.90
2.87
1.48
66.27
35.46
29.34
6.12
13.73
4.52
12.56
90.79

24.94
13.06
4.37
2.91
3.06
1.53
66.01
35.93
29.79
6.14
13.64
4.46
11.98
90.94

25.35
13.79
4.32
2.89
2.82
1.54
66.21
35.61
29.51
6.11
13.57
4.49
12.54
91.56

25.60
14.05
4.36
2.86
2.75
1.58
66.67
35.91
29.90
6.01
13.63
4.46
12.67
92.27

25.83
14.35
4.46
2.78
2.70
1.54
66.40
35.66
29.52
6.14
13.69
4.50
12.55
92.24

26.17
14.65
4.45
2.82
2.71
1.53
65.54
35.32
29.12
6.20
13.66
4.52
12.05
91.71

26.26
15.02
4.30
2.80
2.61
1.53
66.33
35.52
29.29
6.23
13.63
4.55
12.62
92.58

26.44
15.13
4.45
2.77
2.53
1.56
66.88
35.95
29.63
6.32
13.67
4.56
12.70
93.32

26.98
15.38
4.69
2.74
2.63
1.54
66.05
35.26
28.91
6.35
13.65
4.56
12.57
93.02

Non-OPEC Supply ..............................

53.01

53.64

54.47

55.33

55.01

55.94

56.36

56.57

56.40

57.06

57.38

Consumption (million barrels per day) (c)


OECD .................................................
45.79
U.S. (50 States) ...............................
18.64
U.S. Territories ................................
0.32
Canada ............................................
2.38
Europe .............................................
13.18
Japan ...............................................
5.05
Other OECD ....................................
6.22
Non-OECD .........................................
43.52
Eurasia ............................................
4.56
Europe .............................................
0.70
China ...............................................
10.50
Other Asia ........................................
11.14
Other Non-OECD ............................
16.63
Total World Consumption ...................
89.31

45.55
18.72
0.32
2.40
13.80
4.08
6.23
44.45
4.49
0.71
10.56
11.36
17.33
90.00

46.30
19.21
0.32
2.38
13.96
4.28
6.14
44.87
4.76
0.73
10.51
10.94
17.93
91.17

46.49
19.26
0.32
2.40
13.52
4.72
6.26
44.80
4.74
0.72
10.87
11.23
17.24
91.29

45.72
18.81
0.34
2.41
12.99
5.02
6.15
44.54
4.63
0.71
10.58
11.39
17.24
90.25

44.97
18.71
0.34
2.31
13.47
3.93
6.21
45.88
4.56
0.71
11.16
11.62
17.83
90.86

46.03
19.09
0.34
2.37
13.76
4.15
6.32
46.32
4.83
0.73
11.11
11.18
18.46
92.35

46.61
19.09
0.34
2.35
13.73
4.54
6.56
45.77
4.81
0.73
11.07
11.48
17.68
92.38

46.36
18.90
0.36
2.34
13.46
4.72
6.57
45.47
4.57
0.71
10.94
11.64
17.61
91.83

45.19
19.00
0.36
2.28
13.19
3.97
6.39
47.07
4.50
0.72
11.54
11.87
18.44
92.25

Inventory Net Withdrawals (million barrels per day)


U.S. (50 States) ..................................
0.16
-0.28
Other OECD .......................................
-0.23
0.34
Other Stock Draws and Balance ........
0.40
-0.18
Total Stock Draw .............................
0.33
-0.12

-0.16
-0.27
0.91
0.49

0.78
0.67
-0.95
0.50

0.09
-0.26
-0.52
-0.69

-0.67
-0.18
0.15
-0.70

-0.12
0.07
0.13
0.08

0.45
-0.11
-0.19
0.14

-0.07
0.07
0.11
0.11

End-of-period Inventories (million barrels)


U.S. Commercial Inventory ................
1,097
OECD Commercial Inventory .............
2,651

1,137
2,685

1,065
2,551

1,057
2,567

1,123
2,649

1,134
2,653

1,093
2,622

1,099
2,623

1,123
2,646

2013

- = no data available
OECD = Organization for Economic Cooperation and Development: Australia, Austria, Belgium, Canada, Chile, the Czech Republic, Denmark, Estonia, Finland,
France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal,
Slovakia, Slovenia, South Korea, Spain, Sweden, Switzerland, Turkey, the United Kingdom, and the United States.
OPEC = Organization of Petroleum Exporting Countries: Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, Venezuela.
(a) Supply includes production of crude oil (including lease condensates), natural gas plant liquids, biofuels, other liquids, and refinery processing gains.
(b) Includes offshore supply from Denmark, Germany, the Netherlands, Norway, and the United Kingdom.
(c) Consumption of petroleum by the OECD countries is synonymous with "petroleum product supplied," defined in the glossary of the EIAPetroleum Supply Monthly, DOE/EIA-0109.
Consumption of petroleum by the non-OECD countries is "apparent consumption," which includes internal consumption, refinery fuel and loss, and bunkering.
Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
Historical data: Latest data available from Energy Information Administration international energy statistics.
Minor discrepancies with published historical data are due to independent rounding.
Projections: EIA Regional Short-Term Energy Model.

Table 3b. Non-OPEC Petroleum and Other Liquids Supply (million barrels per day)
U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
2013

2014

2015

Year
2014

2015

19.35

21.06

22.30

4.10

4.38

4.47

2.74

2.90

2.86

2.78

15.13

15.38

12.34

13.82

15.05

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

North America .....................................................

18.72

18.86

19.62

20.17

20.35

20.99

21.27

21.60

21.92

22.11

22.35

22.81

Canada ..................................................................

4.12

3.86

4.11

4.31

4.37

4.32

4.36

4.46

4.45

4.30

4.45

4.69

Mexico ...................................................................

2.93

2.89

2.88

2.90

2.91

2.89

2.86

2.78

2.82

2.80

2.77

United States .........................................................

11.67

12.10

12.63

12.96

13.06

13.79

14.05

14.35

14.65

15.02

2013

Central and South America ...............................

4.42

4.94

5.25

5.03

4.55

5.13

5.21

5.06

4.58

5.17

5.25

5.10

4.91

4.99

5.02

Argentina ...............................................................

0.69

0.70

0.72

0.72

0.70

0.69

0.73

0.73

0.71

0.70

0.74

0.74

0.71

0.71

0.72

Brazil .....................................................................

2.21

2.74

3.01

2.81

2.34

2.97

2.96

2.83

2.36

2.99

2.98

2.85

2.69

2.78

2.80

Colombia ...............................................................

1.03

1.02

1.04

1.03

1.02

0.99

1.04

1.03

1.02

0.99

1.03

1.02

1.03

1.02

1.01

Other Central and S. America ................................

0.49

0.48

0.48

0.47

0.49

0.48

0.48

0.48

0.49

0.49

0.48

0.49

0.48

0.48

0.49

Europe .................................................................

3.84

3.83

3.70

3.83

4.03

3.79

3.73

3.66

3.66

3.55

3.48

3.57

3.80

3.80

3.56

Norway ..................................................................

1.82

1.82

1.80

1.82

1.94

1.78

1.86

1.77

1.82

1.79

1.77

1.85

1.81

1.84

1.81

United Kingdom (offshore) .....................................

0.85

0.86

0.74

0.86

0.93

0.85

0.69

0.70

0.67

0.62

0.57

0.58

0.83

0.79

0.61

Other North Sea ....................................................

0.22

0.20

0.19

0.20

0.20

0.18

0.20

0.23

0.22

0.20

0.19

0.19

0.20

0.20

0.20

Eurasia .................................................................

13.54

13.47

13.51

13.74

13.65

13.59

13.65

13.71

13.67

13.65

13.68

13.66

13.56

13.65

13.67

Azerbaijan ..............................................................

0.90

0.89

0.86

0.87

0.85

0.86

0.85

0.84

0.83

0.82

0.80

0.78

0.88

0.85

0.81

Kazakhstan ............................................................

1.67

1.61

1.61

1.74

1.73

1.66

1.73

1.73

1.73

1.73

1.72

1.72

1.66

1.72

1.73

Russia ...................................................................

10.47

10.47

10.55

10.64

10.60

10.57

10.52

10.61

10.59

10.58

10.64

10.64

10.53

10.58

10.61

Turkmenistan .........................................................

0.26

0.26

0.26

0.26

0.27

0.28

0.29

0.29

0.29

0.29

0.29

0.29

0.26

0.28

0.29

Other Eurasia ........................................................

0.23

0.23

0.23

0.23

0.20

0.21

0.25

0.24

0.23

0.23

0.23

0.23

0.23

0.22

0.23
1.27

Middle East .........................................................

1.27

1.19

1.21

1.19

1.19

1.22

1.25

1.26

1.27

1.26

1.27

1.26

1.21

1.23

Oman ....................................................................

0.94

0.94

0.95

0.95

0.96

0.99

1.02

1.03

1.03

1.03

1.04

1.04

0.94

1.00

1.03

Syria ......................................................................

0.10

0.08

0.07

0.05

0.04

0.04

0.03

0.03

0.04

0.04

0.03

0.03

0.07

0.03

0.03

Yemen ...................................................................

0.17

0.11

0.13

0.13

0.13

0.13

0.13

0.13

0.13

0.13

0.13

0.13

0.13

0.13

0.13

Asia and Oceania ...............................................

9.02

9.04

8.79

8.93

8.93

8.93

8.97

9.01

9.09

9.13

9.16

9.14

8.94

8.96

9.13

Australia ................................................................

0.41

0.46

0.48

0.43

0.45

0.46

0.49

0.46

0.47

0.48

0.50

0.47

0.45

0.47

0.48

China .....................................................................

4.45

4.49

4.37

4.52

4.46

4.49

4.46

4.50

4.52

4.55

4.56

4.56

4.46

4.48

4.55

India ......................................................................

0.98

0.98

0.97

0.98

0.98

0.97

0.98

0.99

1.00

1.00

1.00

1.01

0.98

0.98

1.00

Indonesia ...............................................................

0.97

0.97

0.92

0.91

0.92

0.91

0.92

0.92

0.94

0.94

0.94

0.94

0.94

0.92

0.94

Malaysia ................................................................

0.71

0.66

0.65

0.66

0.69

0.68

0.69

0.70

0.71

0.70

0.70

0.70

0.67

0.69

0.70

Vietnam .................................................................

0.36

0.36

0.34

0.35

0.33

0.32

0.32

0.33

0.34

0.34

0.34

0.34

0.35

0.33

0.34

Africa ...................................................................

2.21

2.32

2.39

2.45

2.31

2.30

2.29

2.28

2.21

2.20

2.19

2.21

2.34

2.29

2.20

Egypt .....................................................................

0.71

0.70

0.69

0.68

0.67

0.67

0.66

0.65

0.64

0.63

0.62

0.61

0.69

0.66

0.63

Equatorial Guinea ..................................................

0.28

0.28

0.30

0.31

0.27

0.27

0.27

0.27

0.24

0.24

0.24

0.24

0.29

0.27

0.24

Gabon ...................................................................

0.24

0.24

0.24

0.24

0.24

0.24

0.24

0.24

0.24

0.24

0.23

0.23

0.24

0.24

0.24

Sudan ....................................................................

0.11

0.24

0.30

0.35

0.26

0.26

0.26

0.26

0.25

0.25

0.25

0.25

0.25

0.26

0.25

Total non-OPEC liquids .......................................

53.01

53.64

54.47

55.33

55.01

55.94

56.36

56.57

56.40

57.06

57.38

57.76

54.12

55.98

57.15

OPEC non-crude liquids ....................................

6.12

6.09

6.09

6.12

6.14

6.11

6.01

6.14

6.20

6.23

6.32

6.35

6.11

6.10

6.27

Non-OPEC + OPEC non-crude ..........................

59.13

59.73

60.56

61.45

61.15

62.05

62.38

62.71

62.60

63.30

63.69

64.11

60.23

62.08

63.43

Unplanned non-OPEC Production Outages .......

0.91

0.90

0.88

0.64

0.66

0.67

0.60

n/a

n/a

n/a

n/a

n/a

0.83

n/a

n/a

- = no data available
Sudan production represents total production from both north and south.
OPEC = Organization of Petroleum Exporting Countries: Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, the United Arab Emirates, Venezuela.
Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
Supply includes production of crude oil (including lease condensates), natural gas plant liquids, biofuels, other liquids, and refinery processing gains.
Not all countries are shown in each region and sum of reported country volumes may not equal regional volumes.
Historical data: Latest data available from Energy Information Administration international energy statistics.
Minor discrepancies with published historical data are due to independent rounding.
Projections: EIA Regional Short-Term Energy Model.

Table 3c. OPEC Crude Oil (excluding condensates) Supply (million barrels per day)
U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
2013

2014

1st

2nd

3rd

4th

1st

2nd

Crude Oil
Algeria ...........................................................
Angola ...........................................................
Ecudaor .........................................................
Iran ................................................................
Iraq ................................................................
Kuwait ...........................................................
Libya ..............................................................
Nigeria ...........................................................
Qatar .............................................................
Saudi Arabia ..................................................
United Arab Emirates ....................................
Venezuela .....................................................
OPEC Total ................................................

1.20
1.75
0.51
2.68
3.05
2.60
1.37
1.97
0.73
9.10
2.70
2.20
29.85

1.20
1.78
0.52
2.68
3.09
2.60
1.33
1.94
0.73
9.60
2.70
2.20
30.38

1.20
1.70
0.53
2.68
3.04
2.60
0.65
1.98
0.73
10.10
2.70
2.20
30.12

1.17
1.73
0.54
2.69
2.93
2.60
0.33
1.91
0.73
9.80
2.70
2.20
29.34

1.15
1.63
0.55
2.80
3.26
2.60
0.38
1.98
0.74
9.80
2.70
2.20
29.79

1.15
1.63
0.56
2.80
3.26
2.60
0.23
1.98
0.75
9.65
2.70
2.20
29.51

Other Liquids ..................................................

6.12

6.09

6.09

6.12

6.14

Total OPEC Supply ........................................

35.97

36.47

36.21

35.46

Crude Oil Production Capacity


Africa .............................................................
South America ...............................................
Middle East ...................................................
OPEC Total ................................................

6.28
2.71
23.56
32.55

6.26
2.72
23.62
32.60

5.52
2.73
23.53
31.78

Surplus Crude Oil Production Capacity


Africa .............................................................
South America ...............................................
Middle East ...................................................
OPEC Total ................................................

0.00
0.00
2.69
2.69

0.00
0.00
2.21
2.21

Unplanned OPEC Production Outages ........

1.34

1.43

2015
3rd

Year
2014

2015

1.19
1.74
0.53
2.68
3.03
2.60
0.92
1.95
0.73
9.65
2.70
2.20
29.92

n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
29.68

n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
29.24

6.35

6.11

6.10

6.27

35.95

35.26

36.03

35.78

35.51

5.64
2.76
23.85
32.26

5.69
2.76
23.85
32.30

5.73
2.76
23.65
32.14

5.80
2.72
23.53
32.05

5.30
2.75
23.83
31.87

5.67
2.76
23.80
32.23

0.00
0.00
3.10
3.10

0.00
0.00
2.97
2.97

0.00
0.00
2.67
2.67

0.00
0.00
3.23
3.23

0.00
0.00
2.13
2.13

0.00
0.00
2.19
2.19

0.00
0.00
2.99
2.99

n/a

n/a

n/a

n/a

1.87

n/a

n/a

4th

1st

2nd

3rd

4th

n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
29.90

n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
29.52

n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
29.12

n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
29.29

n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
29.63

n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
n/a
28.91

6.11

6.01

6.14

6.20

6.23

6.32

35.93

35.61

35.91

35.66

35.32

35.52

5.14
2.74
23.42
31.29

5.13
2.75
23.86
31.74

4.98
2.75
23.87
31.60

5.43
2.75
23.76
31.94

5.63
2.75
23.81
32.20

5.61
2.76
23.85
32.22

0.00
0.00
1.67
1.67

0.00
0.00
1.96
1.96

0.00
0.00
1.95
1.95

0.00
0.00
2.09
2.09

0.00
0.00
2.05
2.05

0.00
0.00
2.68
2.68

2.16

2.52

2.34

2.66

2.38

n/a

2013

- = no data available
OPEC = Organization of Petroleum Exporting Countries: Algeria, Angola, Libya, and Nigeria (Africa); Ecuador and Venezuela (South America); Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and the United Arab Emirate
(Middle East).
Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
Historical data: Latest data available from Energy Information Administration international energy statistics.
Minor discrepancies with published historical data are due to independent rounding.
Projections: EIA Regional Short-Term Energy Model.

Table 3d. World Petrioleum and Other Liquids Consumption (million barrels per day)
U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
2013

2014

2015

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

2013

2014

2015

North America .............................................................


Canada ..........................................................................
Mexico ...........................................................................
United States .................................................................

23.07
2.38
2.05
18.64

23.21
2.40
2.08
18.72

23.63
2.38
2.03
19.21

23.69
2.40
2.02
19.26

23.18
2.41
1.95
18.81

23.06
2.31
2.04
18.71

23.59
2.37
2.12
19.09

23.58
2.35
2.13
19.09

23.36
2.34
2.10
18.90

23.41
2.28
2.12
19.00

23.79
2.39
2.09
19.30

23.66
2.37
2.10
19.18

23.40
2.39
2.04
18.96

23.36
2.36
2.06
18.92

23.56
2.34
2.10
19.10

Central and South America .....................................


Brazil ..............................................................................

6.71
2.83

6.97
2.94

6.99
3.00

6.97
2.99

6.89
2.97

7.14
3.08

7.21
3.15

7.18
3.14

7.03
3.04

7.29
3.16

7.33
3.23

7.31
3.21

6.91
2.94

7.11
3.09

7.24
3.16

Europe .........................................................................

13.88

14.51

14.69

14.25

13.70

14.19

14.50

14.46

14.18

13.91

14.37

14.33

14.33

14.21

14.20

Eurasia .........................................................................
Russia ...........................................................................

4.58
3.24

4.52
3.19

4.79
3.38

4.77
3.37

4.66
3.30

4.59
3.25

4.86
3.44

4.84
3.43

4.60
3.24

4.53
3.20

4.80
3.39

4.78
3.37

4.67
3.30

4.74
3.36

4.68
3.30

Middle East .................................................................

7.38

7.83

8.44

7.73

7.70

8.06

8.75

7.95

7.92

8.50

9.07

8.23

7.85

8.12

8.43

Asia and Oceania ...................................................... 30.24


China ............................................................................. 10.50
Japan .............................................................................
5.05
India ...............................................................................
3.78

29.52
10.56
4.08
3.77

29.24
10.51
4.28
3.45

30.47
10.87
4.72
3.73

30.58
10.58
5.02
3.89

30.26
11.16
3.93
3.87

29.94
11.11
4.15
3.55

30.84
11.07
4.54
3.84

31.07
10.94
4.72
3.99

30.95
11.54
3.97
3.97

30.45
11.49
4.00
3.64

31.34
11.44
4.39
3.94

29.87
10.61
4.53
3.68

30.40
10.98
4.41
3.78

30.95
11.35
4.27
3.88

Africa ...........................................................................

3.44

3.44

3.39

3.41

3.55

3.55

3.50

3.52

3.67

3.67

3.62

3.64

3.42

3.53

3.65

Total OECD Liquid Fuels Consumption ..................


Total non-OECD Liquid Fuels Consumption ..........

45.79
43.52

45.55
44.45

46.30
44.87

46.49
44.80

45.72
44.54

44.97
45.88

46.03
46.32

46.61
45.77

46.36
45.47

45.19
47.07

46.02
47.41

46.45
46.83

46.04
44.41

45.84
45.63

46.01
46.70

Total World Liquid Fuels Consumption ..................

89.31

90.00

91.17

91.29

90.25

90.86

92.35

92.38

91.83

92.25

93.43

93.29

90.45

91.47

92.71

Oil-weighted Real Gross Domestic Product (a)


World Index, 2010 Q1 = 100 ........................................
Percent change from prior year .................................
OECD Index, 2010 Q1 = 100 .......................................
Percent change from prior year .................................
Non-OECD Index, 2010 Q1 = 100 ...............................
Percent change from prior year .................................

109.9
2.2
105.2
0.9
115.8
3.9

110.8
2.5
105.7
1.2
117.2
4.2

111.8
2.8
106.5
1.7
118.5
4.3

112.7
3.2
107.1
2.3
119.9
4.4

113.0
2.9
107.3
1.9
120.5
4.0

113.7
2.7
107.7
1.9
121.6
3.7

114.7
2.7
108.4
1.8
122.9
3.7

115.7
2.7
109.1
1.9
124.2
3.6

116.5
3.1
109.8
2.3
125.4
4.1

117.5
3.3
110.4
2.5
126.8
4.3

118.6
3.3
111.2
2.5
128.3
4.4

119.5
3.3
111.7
2.4
129.6
4.3

111.3
2.7
106.1
1.5
117.9
4.2

114.3
2.7
108.1
1.9
122.3
3.7

118.0
3.3
110.8
2.4
127.5
4.3

Real U.S. Dollar Exchange Rate (a)


Index, January 2010 = 100 ........................................... 104.08
Percent change from prior year ....................................
3.8

105.59
3.6

106.88
4.1

106.37
3.0

107.93
3.7

107.71
2.0

108.52
1.5

109.88
3.3

110.41
2.3

110.88
2.9

111.28
2.5

111.44
1.4

105.73
3.6

108.51
2.6

111.01
2.3

- = no data available
OECD = Organisation for Economic Co-operation and Development: Australia, Austria, Belgium, Canada, Chile, the Czech Republic, Denmark, Finland,
France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal,
Slovakia, Slovenia, South Korea, Spain, Sweden, Switzerland, Turkey, the United Kingdom, and the United States.
(a) Weighted geometric mean of real indices for various countries with weights equal to each country's share of world oil consumption in the base period. Exchange rate is measured in foreign currency per U.S.
dollar.
Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
Historical data: Latest data available from Energy Information Administration international energy statistics.
Minor discrepancies with published historical data are due to independent rounding.
Projections: EIA Regional Short-Term Energy Model.

Table 4a. U.S. Petroleum and Other Liquids Supply, Consumption, and Inventories
U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
2013
1st
Supply (million barrels per day)
Crude Oil Supply
Domestic Production (a) .........................................
Alaska ..................................................................
Federal Gulf of Mexico (b) ...................................
Lower 48 States (excl GOM) ................................
Crude Oil Net Imports (c) ........................................
SPR Net Withdrawals .............................................
Commercial Inventory Net Withdrawals .................
Crude Oil Adjustment (d) ........................................
Total Crude Oil Input to Refineries .............................
Other Supply
Refinery Processing Gain .......................................
Natural Gas Plant Liquids Production ....................
Renewables and Oxygenate Production (e) ...........
Fuel Ethanol Production ......................................
Petroleum Products Adjustment (f) ........................
Product Net Imports (c) ...........................................
Pentanes Plus .....................................................
Liquefied Petroleum Gas (g) ................................
Unfinished Oils ....................................................
Other HC/Oxygenates ..........................................
Motor Gasoline Blend Comp. ..............................
Finished Motor Gasoline ......................................
Jet Fuel ................................................................
Distillate Fuel Oil .................................................
Residual Fuel Oil .................................................
Other Oils (h) .......................................................
Product Inventory Net Withdrawals ........................
Total Supply ...............................................................

2nd

2014
3rd

4th

1st

2nd

2015
3rd

4th

1st

2nd

3rd

4th

2013

Year
2014

2015

7.10
0.54
1.30
5.26
7.48
-0.01
-0.31
0.24
14.51

7.28
0.51
1.22
5.55
7.61
0.00
0.17
0.27
15.33

7.56
0.48
1.25
5.83
7.93
0.00
0.05
0.28
15.83

7.81
0.53
1.26
6.02
7.36
0.00
0.17
0.22
15.56

8.07
0.53
1.32
6.22
7.11
0.00
-0.30
0.30
15.18

8.48
0.52
1.42
6.55
6.94
0.05
0.00
0.40
15.88

8.61
0.43
1.39
6.79
7.20
0.00
0.29
0.23
16.32

8.98
0.49
1.49
7.00
6.39
0.00
0.06
0.12
15.56

9.29
0.48
1.62
7.18
5.97
0.00
-0.35
0.18
15.09

9.49
0.45
1.68
7.37
6.03
0.00
0.03
0.20
15.75

9.48
0.40
1.58
7.51
6.31
0.00
0.10
0.23
16.12

9.73
0.47
1.63
7.63
5.56
0.00
0.12
0.10
15.51

7.44
0.51
1.26
5.67
7.60
0.00
0.02
0.25
15.31

8.54
0.49
1.40
6.64
6.91
0.01
0.02
0.26
15.74

9.50
0.45
1.63
7.42
5.97
0.00
-0.02
0.18
15.62

1.01
2.45
0.92
0.81
0.19
-0.91
-0.09
-0.05
0.52
-0.06
0.41
-0.37
-0.07
-0.63
-0.09
-0.47
0.48
18.64

1.07
2.54
1.00
0.87
0.20
-0.97
-0.05
-0.20
0.60
-0.06
0.63
-0.22
-0.04
-0.91
-0.22
-0.51
-0.46
18.72

1.13
2.71
1.01
0.86
0.22
-1.47
-0.13
-0.23
0.64
-0.04
0.46
-0.29
-0.07
-1.22
-0.08
-0.53
-0.21
19.21

1.13
2.72
1.08
0.93
0.22
-2.06
-0.15
-0.25
0.42
-0.05
0.36
-0.43
-0.11
-1.16
-0.15
-0.55
0.61
19.26

1.07
2.71
1.01
0.91
0.20
-1.73
-0.15
-0.21
0.46
-0.09
0.29
-0.41
-0.07
-0.67
-0.24
-0.64
0.39
18.84

1.08
2.95
1.06
0.94
0.22
-1.76
-0.16
-0.42
0.49
-0.09
0.58
-0.36
-0.02
-1.01
-0.18
-0.58
-0.72
18.71

1.11
3.05
1.08
0.93
0.20
-2.25
-0.17
-0.48
0.47
-0.10
0.44
-0.39
-0.09
-1.13
-0.19
-0.61
-0.41
19.12

1.10
3.04
1.05
0.93
0.19
-2.23
-0.16
-0.57
0.55
-0.09
0.54
-0.55
-0.07
-1.12
-0.19
-0.58
0.38
19.09

1.07
3.05
1.05
0.94
0.20
-1.83
-0.17
-0.52
0.46
-0.09
0.51
-0.44
-0.07
-0.75
-0.24
-0.52
0.27
18.90

1.08
3.19
1.04
0.93
0.20
-1.91
-0.16
-0.66
0.60
-0.09
0.55
-0.33
-0.05
-0.96
-0.25
-0.57
-0.36
19.00

1.11
3.28
1.05
0.93
0.20
-2.20
-0.18
-0.68
0.62
-0.10
0.57
-0.45
-0.07
-1.12
-0.23
-0.56
-0.27
19.30

1.09
3.30
1.05
0.93
0.20
-2.34
-0.17
-0.61
0.53
-0.09
0.51
-0.56
-0.06
-1.10
-0.22
-0.56
0.36
19.18

1.09
2.61
1.00
0.87
0.21
-1.36
-0.10
-0.18
0.55
-0.05
0.46
-0.33
-0.07
-0.98
-0.14
-0.51
0.11
18.96

1.09
2.94
1.05
0.93
0.21
-1.99
-0.16
-0.42
0.49
-0.09
0.46
-0.43
-0.06
-0.98
-0.20
-0.60
-0.09
18.94

1.09
3.21
1.05
0.93
0.20
-2.07
-0.17
-0.62
0.56
-0.09
0.53
-0.44
-0.06
-0.98
-0.24
-0.55
0.00
19.10

2.70
-0.03

2.22
-0.03

2.30
0.03

2.77
0.06

2.66
0.08

2.06
0.02

2.23
0.02

2.67
0.06

2.73
0.00

2.29
0.03

2.39
0.03

2.74
0.04

2.50
0.01

2.41
0.04

2.54
0.03

8.46
0.81
1.35
3.94
0.36
1.87
18.64

8.99
0.89
1.45
3.76
0.27
2.07
18.72

9.07
0.87
1.50
3.68
0.38
2.25
19.21

8.84
0.88
1.44
3.94
0.27
1.94
19.26

8.52
0.84
1.40
4.17
0.23
1.75
18.81

9.01
0.89
1.47
3.93
0.26
1.96
18.71

8.99
0.87
1.52
3.86
0.24
2.23
19.09

8.76
0.86
1.42
3.95
0.27
1.95
19.09

8.54
0.85
1.39
4.16
0.22
1.87
18.90

8.98
0.88
1.47
3.98
0.20
2.05
19.00

8.97
0.87
1.51
3.96
0.22
2.22
19.30

8.70
0.86
1.43
4.11
0.21
1.95
19.18

8.84
0.86
1.43
3.83
0.32
2.03
18.96

8.82
0.86
1.45
3.98
0.25
1.98
18.92

8.80
0.87
1.45
4.05
0.21
2.02
19.10

................................

6.56

6.64

6.46

5.30

5.38

5.18

4.95

4.17

4.14

4.12

4.11

3.22

6.24

4.92

3.90

End-of-period Inventories (million barrels)


Commercial Inventory
Crude Oil (excluding SPR) ......................................
Pentanes Plus ........................................................
Liquefied Petroleum Gas (g) ...................................
Unfinished Oils .......................................................
Other HC/Oxygenates .............................................
Total Motor Gasoline ..............................................
Finished Motor Gasoline ......................................
Motor Gasoline Blend Comp. ..............................
Jet Fuel ...................................................................
Distillate Fuel Oil ....................................................
Residual Fuel Oil ....................................................
Other Oils (h) ..........................................................
Total Commercial Inventory .......................................
Crude Oil in SPR .......................................................

393.1
13.0
103.3
89.9
21.6
224.7
47.3
177.3
39.9
118.7
37.0
55.8
1,097
696

377.4
17.2
143.2
86.8
19.9
224.4
48.6
175.7
40.4
122.5
37.6
53.6
1,123
696

373.0
18.4
172.5
81.6
20.0
219.8
39.8
180.0
41.1
129.3
35.6
46.1
1,137
696

357.1
14.5
114.0
78.0
21.6
228.0
39.0
189.1
37.2
127.5
38.1
49.4
1,065
696

383.7
13.0
85.1
91.3
22.6
220.9
34.3
186.6
36.0
115.3
36.4
52.8
1,057
696

383.9
14.8
149.3
87.3
23.0
218.8
28.9
190.0
36.3
121.7
36.7
50.9
1,123
691

357.2
15.1
193.8
87.7
24.0
208.7
29.7
179.1
40.7
125.6
36.5
44.6
1,134
691

351.3
13.6
145.6
81.6
24.6
226.4
34.3
192.1
38.7
128.0
37.0
46.0
1,093
691

382.4
13.5
113.8
91.0
27.1
223.5
30.8
192.7
38.6
117.9
37.6
54.0
1,099
691

379.9
15.6
154.3
88.2
25.7
214.7
31.0
183.7
40.1
122.1
36.9
52.5
1,130
691

370.6
16.4
181.4
86.0
25.0
213.3
30.6
182.7
40.7
131.7
35.3
45.1
1,145
691

360.0
14.7
141.9
80.7
25.3
226.1
32.6
193.6
38.2
132.7
35.8
46.5
1,102
691

357.1
14.5
114.0
78.0
21.6
228.0
39.0
189.1
37.2
127.5
38.1
49.4
1,065
696

351.3
13.6
145.6
81.6
24.6
226.4
34.3
192.1
38.7
128.0
37.0
46.0
1,093
691

360.0
14.7
141.9
80.7
25.3
226.1
32.6
193.6
38.2
132.7
35.8
46.5
1,102
691

Consumption (million barrels per day)


Hydrocarbon Gas Liquids
Unfinished Oils ..........................................................
Finished Liquid Fuels
Motor Gasoline .......................................................
Fuel Ethanol blended into Motor Gasoline ..........
Jet Fuel ...................................................................
Distillate Fuel Oil ....................................................
Residual Fuel Oil ....................................................
Other Oils (h) ..........................................................
Total Consumption ....................................................
Total Liquid Fuels Net Imports

- = no data available
(a) Includes lease condensate.
(b) Crude oil production from U.S. Federal leases in the Gulf of Mexico (GOM).
(c) Net imports equals gross imports minus gross exports.
(d) Crude oil adjustment balances supply and consumption and was previously referred to as "Unaccounted for Crude Oil."
(e) Renewables and oxygenate production includes pentanes plus, oxygenates (excluding fuel ethanol), and renewable fuels.
(f) Petroleum products adjustment includes hydrogen/oxygenates/renewables/other hydrocarbons, motor gasoline blend components, and finished motor gasoline.
(g) Liquefied Petroleum Gas includes ethane, propane, butanes and refinery olefins.
(h) "Other Oils" inludes aviation gasoline blend components, finished aviation gasoline, kerosene, petrochemical feedstocks, special naphthas, lubricants, waxes, petroleum coke, asphalt and road oil, still
gas, and miscellaneous products.
Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
SPR: Strategic Petroleum Reserve
HC: Hydrocarbons
Historical data: Latest data available from Energy Information Administration databases supporting the following reports:
Petroleum Supply Annual , DOE/EIA-0340/2; and Weekly Petroleum Status Report , DOE/EIA-0208.
Minor discrepancies with published historical data are due to independent rounding.
Projections: EIA Regional Short-Term Energy Model.

Petroleum Supply Monthly , DOE/EIA-0109;

Table 4b. U.S. Hydrocarbon Gas Liquids (HGL) and Petroleum Refinery Balances (million barrels per day, except inventories and utilization factor)
U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
2013
1st
HGL Production
Natural Gas Processing Plants
Ethane .............................................................
0.94
Propane ...........................................................
0.76
Butanes/Butylenes ..........................................
0.43
Natural Gasoline (Pentanes Plus) ...................
0.31
Refinery and Blender Net Production
Ethane/Ethylene ..............................................
0.01
Propane/Propylene .........................................
0.55
Butanes/Butylenes ..........................................
-0.04
Renewable Fuels and Oxygenate Plant Net Production
-0.02
Natural Gasoline (Pentanes Plus) ...................
HGL Net Imports
Ethane ................................................................
Propane ..............................................................
Butanes/Butylenes .............................................
Natural Gasoline (Pentanes Plus) ......................

2nd

2014
3rd

4th

1st

2nd

2015
3rd

4th

1st

2nd

3rd

4th

2013

Year
2014

2015

0.92
0.81
0.46
0.35

0.99
0.85
0.49
0.38

1.04
0.86
0.48
0.35

1.03
0.87
0.48
0.33

1.09
0.95
0.52
0.39

1.10
1.01
0.53
0.40

1.17
0.96
0.53
0.37

1.19
0.99
0.51
0.37

1.19
1.06
0.53
0.41

1.22
1.10
0.54
0.42

1.28
1.09
0.54
0.40

0.97
0.82
0.47
0.35

1.10
0.95
0.52
0.37

1.22
1.06
0.53
0.40

0.01
0.57
0.27

0.01
0.58
0.19

0.01
0.57
-0.21

0.01
0.57
-0.04

0.01
0.60
0.27

0.01
0.59
0.19

0.01
0.58
-0.17

0.01
0.56
-0.04

0.01
0.58
0.25

0.01
0.58
0.17

0.01
0.56
-0.16

0.01
0.56
0.05

0.01
0.58
0.06

0.01
0.57
0.05

-0.02

-0.02

-0.02

-0.02

-0.02

-0.02

-0.02

-0.02

-0.02

-0.02

-0.02

-0.02

-0.02

-0.02

0.00
-0.05
-0.01
-0.09

0.00
-0.19
-0.01
-0.05

0.00
-0.21
-0.02
-0.13

0.00
-0.25
0.00
-0.15

-0.01
-0.17
-0.03
-0.15

-0.02
-0.34
-0.06
-0.16

-0.06
-0.35
-0.07
-0.17

-0.08
-0.39
-0.10
-0.16

-0.09
-0.35
-0.08
-0.17

-0.09
-0.45
-0.11
-0.16

-0.11
-0.47
-0.10
-0.18

-0.11
-0.43
-0.07
-0.17

0.00
-0.18
-0.01
-0.10

-0.04
-0.31
-0.06
-0.16

-0.10
-0.43
-0.09
-0.17

HGL Refinery and Blender Net Inputs


Butanes/Butylenes .............................................
Natural Gasoline (Pentanes Plus) ......................

0.34
0.18

0.26
0.15

0.30
0.17

0.43
0.16

0.37
0.14

0.28
0.15

0.29
0.16

0.41
0.18

0.34
0.16

0.27
0.17

0.30
0.17

0.43
0.18

0.33
0.17

0.33
0.16

0.33
0.17

HGL Consumption
Ethane/Ethylene .................................................
Propane/Propylene ............................................
Butanes/Butylenes .............................................
Natural Gasoline (Pentanes Plus) ......................

0.96
1.56
0.15
0.03

0.92
1.03
0.18
0.08

1.00
1.08
0.17
0.05

1.09
1.43
0.19
0.06

1.01
1.46
0.16
0.03

0.97
0.89
0.17
0.03

1.05
1.00
0.14
0.05

1.12
1.35
0.16
0.04

1.11
1.44
0.16
0.02

1.09
0.99
0.18
0.04

1.14
1.05
0.15
0.05

1.18
1.35
0.16
0.05

0.99
1.28
0.17
0.06

1.04
1.17
0.16
0.04

1.13
1.21
0.16
0.04

HGL Inventories (million barrels)


Ethane/Ethylene .................................................
Propane/Propylene ............................................
Butanes/Butylenes .............................................
Natural Gasoline (Pentanes Plus) ......................

34.26
40.68
27.94
13.05

35.18
55.31
52.84
17.23

34.46
68.10
69.60
18.36

32.79
45.08
38.06
14.47

29.90
28.32
25.95
13.04

37.06
57.12
52.24
14.82

40.62
80.04
73.58
15.10

39.36
61.37
45.76
13.63

38.13
39.18
35.96
13.49

40.25
57.13
56.51
15.56

39.00
71.81
70.99
16.38

38.26
59.68
44.44
14.70

34.17
45.08
38.06
14.47

36.77
61.37
45.76
13.63

38.91
59.68
44.44
14.70

Refinery and Blender Net Inputs


Crude OIl ..............................................................
Hydrocarbon Gas Liquids ....................................
Other Hydrocarbons/Oxygenates ........................
Unfinished Oils .....................................................
Motor Gasoline Blend Components .....................
Aviation Gasoline Blend Components .................
Total Refinery and Blender Net Inputs ....................

14.51
0.51
1.04
0.47
0.52
0.00
17.05

15.33
0.41
1.12
0.66
0.72
0.00
18.24

15.83
0.48
1.15
0.67
0.46
0.00
18.58

15.56
0.58
1.15
0.40
0.50
0.00
18.19

15.18
0.52
1.08
0.24
0.71
0.00
17.73

15.88
0.43
1.16
0.51
1.06
0.00
19.04

16.32
0.45
1.13
0.45
0.92
0.00
19.27

15.56
0.58
1.10
0.55
0.56
0.00
18.36

15.09
0.50
1.09
0.35
0.69
0.00
17.72

15.75
0.44
1.13
0.60
0.83
0.00
18.75

16.12
0.46
1.12
0.61
0.75
0.00
19.06

15.51
0.62
1.11
0.55
0.56
0.00
18.35

15.31
0.50
1.12
0.55
0.55
0.00
18.02

15.74
0.49
1.12
0.44
0.81
0.00
18.60

15.62
0.51
1.11
0.53
0.71
0.00
18.47

Refinery Processing Gain ..................................

1.01

1.07

1.13

1.13

1.07

1.08

1.11

1.10

1.07

1.08

1.11

1.09

1.09

1.09

1.09

Refinery and Blender Net Production


Hydrocarbon Gas Liquids ....................................
Finished Motor Gasoline ......................................
Jet Fuel .................................................................
Distillate Fuel ........................................................
Residual Fuel .......................................................
Other Oils (a) ........................................................
Total Refinery and Blender Net Production ............

0.51
8.87
1.43
4.35
0.49
2.42
18.06

0.84
9.27
1.50
4.66
0.49
2.55
19.31

0.77
9.30
1.57
4.92
0.44
2.70
19.71

0.37
9.49
1.50
4.99
0.45
2.53
19.32

0.54
9.26
1.45
4.66
0.46
2.43
18.80

0.87
9.82
1.49
4.96
0.44
2.52
20.11

0.79
9.76
1.65
4.98
0.42
2.78
20.38

0.42
9.52
1.47
5.04
0.46
2.54
19.46

0.52
9.12
1.46
4.74
0.47
2.48
18.79

0.84
9.49
1.53
4.93
0.45
2.60
19.83

0.75
9.57
1.59
5.13
0.43
2.71
20.18

0.41
9.44
1.47
5.17
0.43
2.52
19.44

0.62
9.23
1.50
4.73
0.47
2.55
19.11

0.65
9.59
1.52
4.91
0.45
2.57
19.69

0.63
9.41
1.51
4.99
0.44
2.58
19.56

Refinery Distillation Inputs ................................


Refinery Operable Distillation Capacity ...........
Refinery Distillation Utilization Factor ..............

14.80
17.82
0.83

15.77
17.81
0.89

16.31
17.82
0.92

15.99
17.82
0.90

15.51
17.93
0.87

16.17
17.89
0.90

16.65
17.86
0.93

15.94
17.83
0.89

15.42
17.83
0.86

16.06
17.83
0.90

16.47
17.83
0.92

15.89
17.83
0.89

15.72
17.82
0.88

16.07
17.88
0.90

15.96
17.83
0.90

- = no data available
(a) "Other Oils" includes aviation gasoline blend components, finished aviation gasoline, kerosene, petrochemical feedstocks, special naphthas, lubricants, waxes, petroleum coke, asphalt and road oil, still
gas, and miscellaneous products.
Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
Historical data: Latest data available from Energy Information Administration databases supporting the following reports:Petroleum Supply Monthly , DOE/EIA-0109;
Petroleum Supply Annual , DOE/EIA-0340/2; Weekly Petroleum Status Report , DOE/EIA-0208.
Minor discrepancies with published historical data are due to independent rounding.
Projections: EIA Regional Short-Term Energy Model.

Table 4c. U.S. Regional Motor Gasoline Prices and Inventories


U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
2013
1st

2nd

Prices (cents per gallon)


Refiner Wholesale Price ......................
289
290
Gasoline Regular Grade Retail Prices Including Taxes
PADD 1 ..............................................
362
350
PADD 2 ..............................................
350
368
PADD 3 ..............................................
338
336
PADD 4 ..............................................
323
361
PADD 5 ..............................................
382
390
U.S. Average ...................................
357
360
Gasoline All Grades Including Taxes
363
367
End-of-period Inventories (million barrels)
Total Gasoline Inventories
PADD 1 ..............................................
59.5
PADD 2 ..............................................
53.8
PADD 3 ..............................................
75.6
PADD 4 ..............................................
6.8
PADD 5 ..............................................
29.1
U.S. Total ........................................
224.7
Finished Gasoline Inventories
U.S. Total ........................................
47.3
Gasoline Blending Components Inventories
U.S. Total ........................................
177.3

2014
3rd

4th

1st

2nd

2015
3rd

4th

1st

2nd

3rd

4th

2013

Year
2014

2015

288

259

272

298

276

254

261

283

277

256

281

275

269

355
352
337
362
385
357
364

334
319
308
325
355
329
337

344
337
318
326
362
340
348

365
365
345
350
401
368
375

348
343
329
363
386
350
358

324
316
302
323
352
323
331

328
322
310
310
352
327
335

347
351
334
345
381
352
359

342
345
326
348
379
347
355

327
318
304
323
357
326
334

350
347
329
343
378
351
358

346
340
323
341
376
345
353

336
334
319
332
368
338
346

62.0
49.3
77.5
6.5
29.1
224.4

58.1
49.8
77.3
6.3
28.2
219.8

61.1
51.5
76.3
7.1
32.1
228.0

57.7
49.0
77.7
6.5
30.0
220.9

63.1
49.7
72.8
6.1
27.1
218.8

53.3
47.7
72.7
7.3
27.8
208.7

58.4
50.3
77.9
7.3
32.5
226.4

57.9
51.9
75.9
6.8
31.0
223.5

57.4
48.1
74.4
6.7
28.2
214.7

56.2
49.1
73.6
6.8
27.6
213.3

59.2
50.0
78.2
7.3
31.4
226.1

61.1
51.5
76.3
7.1
32.1
228.0

58.4
50.3
77.9
7.3
32.5
226.4

59.2
50.0
78.2
7.3
31.4
226.1

48.6

39.8

39.0

34.3

28.9

29.7

34.3

30.8

31.0

30.6

32.6

39.0

34.3

32.6

175.7

180.0

189.1

186.6

190.0

179.1

192.1

192.7

183.7

182.7

193.6

189.1

192.1

193.6

- = no data available
Prices are not adjusted for inflation.
Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
Regions refer to Petroleum Administration for Defense Districts (PADD).
See Petroleum for Administration Defense District in EIAs Energy Glossary (http://www.eia.doe.gov/glossary/index.html) for a list of States in each region.
Historical data : Latest data available from Energy Information Administration databases supporting the following reports: Petroleum Marketing Monthly , DOE/EIA-0380;
Petroleum Supply Monthly , DOE/EIA-0109; Petroleum Supply Annual , DOE/EIA-0340/2; and Weekly Petroleum Status Report , DOE/EIA-0208.
Minor discrepancies with published historical data are due to independent rounding.
Projections: EIA Regional Short-Term Energy Model.

Table 5a. U.S. Natural Gas Supply, Consumption, and Inventories


U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
2013
Supply (billion cubic feet per day)
Total Marketed Production ............

2014

2015

1st

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

2013

Year
2014

2015

68.95

69.77

70.52

71.46

72.14

73.98

74.64

75.12

75.54

75.48

75.31

75.58

70.18

73.98

75.48

Alaska ......................................

1.04

0.91

0.79

0.96

0.99

0.93

0.88

0.99

1.01

0.85

0.77

0.92

0.93

0.95

0.89

Federal GOM (a) .......................


Lower 48 States (excl GOM) .....

3.93
63.97

3.64
65.21

3.44
66.28

3.36
67.14

3.29
67.86

3.42
69.64

3.14
70.63

3.06
71.08

3.11
71.42

3.10
71.53

2.91
71.63

2.92
71.74

3.59
65.66

3.22
69.81

3.01
71.58

Total Dry Gas Production .............

65.46

66.21

66.76

67.64

68.23

69.75

70.31

70.77

71.17

71.10

70.95

71.20

66.53

69.78

71.10

LNG Gross Imports .....................


LNG Gross Exports .....................

0.37
0.00

0.21
0.00

0.37
0.00

0.12
0.03

0.17
0.03

0.17
0.02

0.20
0.03

0.19
0.00

0.17
0.00

0.17
0.00

0.18
0.43

0.17
0.59

0.27
0.01

0.18
0.02

0.17
0.26

Pipeline Gross Imports ................


Pipeline Gross Exports ................

8.11
4.84

7.39
4.41

7.42
4.14

7.62
3.81

8.44
4.67

6.52
3.89

7.17
4.17

7.17
4.54

7.77
4.62

6.87
4.74

7.38
4.61

7.41
4.89

7.63
4.30

7.32
4.32

7.36
4.71

Supplemental Gaseous Fuels ......

0.19

0.14

0.14

0.15

0.17

0.16

0.16

0.19

0.19

0.16

0.17

0.19

0.16

0.17

0.18

Net Inventory Withdrawals ...........


Total Supply ...................................

18.71
88.00

-10.17
59.37

-9.80
60.75

7.32
79.01

22.75
95.07

-12.71
59.99

-12.58
61.06

1.77
75.55

16.25
90.92

-11.06
62.50

-9.75
63.89

2.95
76.43

1.45
71.73

-0.28
72.83

-0.47
73.37

Balancing Item (b) ..........................


Total Primary Supply .......................

0.20
88.20

0.29
59.66

0.01
60.76

-2.05
76.96

-0.33
94.74

0.46
60.45

-0.26
60.80

-1.14
74.41

-1.11
89.81

-0.40
62.10

-0.61
63.28

-0.42
76.01

-0.39
71.34

-0.32
72.51

-0.63
72.74

12.81

Consumption (billion cubic feet per day)


Residential ...................................
25.61

7.60

3.71

17.43

28.83

7.37

3.62

15.75

24.85

7.22

3.65

15.75

13.54

13.83

Commercial .................................

14.44

6.06

4.51

11.16

16.45

6.15

4.66

10.27

14.43

5.99

4.60

10.32

9.02

9.35

8.81

Industrial .....................................
Electric Power (c) .........................

21.79
19.94

19.39
20.97

19.07
27.76

21.53
20.61

22.98
19.70

19.99
21.04

19.78
26.78

22.41
19.68

23.80
19.93

21.01
21.80

20.75
28.25

23.11
20.51

20.44
22.34

21.29
21.82

22.16
22.64

Lease and Plant Fuel ...................

3.80

3.85

3.89

3.94

3.98

4.08

4.12

4.14

4.17

4.16

4.16

4.17

3.87

4.08

4.16

Pipeline and Distribution Use .......


Vehicle Use .................................

2.52
0.09

1.70
0.09

1.73
0.09

2.19
0.09

2.70
0.09

1.72
0.09

1.74
0.09

2.06
0.09

2.53
0.09

1.82
0.09

1.80
0.09

2.06
0.09

2.03
0.09

2.05
0.09

2.05
0.09

Total Consumption .........................

88.20

59.66

60.76

76.96

94.74

60.45

60.80

74.41

89.81

62.10

63.28

76.01

71.34

72.51

72.74

2,642

3,565

2,890

857

2,005

3,160

2,997

1,534

2,541

3,438

3,167

2,890

2,997

3,167

973
1,208
461

1,174
1,833
558

1,022
1,444
423

358
315
184

691
952
362

951
1,746
463

994
1,565
438

646
598
290

942
1,148
451

1,102
1,786
550

1,095
1,557
515

1,022
1,444
423

994
1,565
438

1,095
1,557
515

End-of-period Inventories (billion cubic feet)


Working Gas Inventory ................
1,723
Producing Region (d) ................
East Consuming Region (d) ......
West Consuming Region (d) ....

705
660
358

- = no data available
(a) Marketed production from U.S. Federal leases in the Gulf of Mexico.
(b) The balancing item represents the difference between the sum of the components of natural gas supply and the sum of components of natural gas demand.
(c) Natural gas used for electricity generation and (a limited amount of) useful thermal output by electric utilities and independent power producers.
(d) For a list of States in each inventory region refer toMethodology for EIA Weekly Underground Natural Gas Storage Estimates (http://tonto.eia.doe.gov/oog/info/ngs/methodology.html).
Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
LNG: liquefied natural gas.
Historical data: Latest data available from Energy Information Administration databases supporting the following reports:Natural Gas Monthly , DOE/EIA-0130; and Electric Power
Monthly , DOE/EIA-0226.
Minor discrepancies with published historical data are due to independent rounding.
Projections: EIA Regional Short-Term Energy Model.

Table 5b. U.S. Regional Natural Gas Prices (dollars per thousand cubic feet
U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
2013
1st
Wholesale/Spot
Henry Hub Spot Price ........

2nd

2014
3rd

4th

1st

2nd

2015
3rd

4th

1st

2nd

3rd

4th

2013

Year
2014

2015

3.59

4.13

3.66

3.97

5.36

4.75

4.08

4.13

4.12

3.74

3.89

4.07

3.84

4.58

3.95

13.07
11.00

13.63
13.34

16.89
17.79

13.75
11.37

13.94
10.71

16.56
13.38

17.33
17.76

14.09
12.65

13.57
11.49

14.74
13.86

17.50
18.15

14.21
12.70

13.66
11.90

14.63
12.04

14.24
12.63

Residential
New England .....................
Middle Atlantic ...................
E. N. Central ......................

7.74

10.76

15.76

8.13

8.65

12.94

17.41

9.58

8.67

11.66

16.98

9.55

8.71

9.90

9.82

W. N. Central .....................
S. Atlantic ..........................

8.10
11.10

10.46
15.40

17.53
22.32

9.13
12.72

9.03
11.31

11.74
16.36

18.32
23.13

10.11
13.56

8.72
11.88

11.30
16.76

17.38
22.65

9.95
13.42

9.27
12.87

10.13
13.20

9.94
13.63

E. S. Central ......................
W. S. Central .....................

9.18
8.36

12.48
12.12

18.31
19.77

10.54
10.36

9.59
8.51

14.02
14.28

19.67
19.53

11.72
11.23

10.12
8.90

13.92
13.65

18.59
18.84

11.61
11.33

10.52
10.40

11.10
10.71

11.47
10.95

Mountain ...........................

8.01

9.81

13.78

8.76

9.06

11.23

15.26

10.08

9.22

10.35

13.94

9.52

8.92

10.17

9.85

Pacific ................................
U.S. Average ..................

9.47
9.24

10.81
11.88

11.27
16.13

10.20
9.93

10.92
9.81

11.60
13.17

12.27
17.00

10.56
11.06

10.18
10.01

10.62
12.55

11.49
16.51

10.47
10.99

10.13
10.31

11.09
11.09

10.51
11.13

Commercial
New England .....................

10.87

10.45

9.70

9.89

11.38

12.58

11.28

11.09

11.64

11.08

10.99

11.10

10.37

11.49

11.33

Middle Atlantic ...................

8.82

8.66

7.95

8.28

9.40

9.05

8.43

9.57

9.89

9.22

8.87

9.71

8.53

9.26

9.59

E. N. Central ......................
W. N. Central .....................

7.01
7.00

8.25
7.79

8.89
9.25

7.04
7.37

8.01
8.30

9.92
9.12

10.60
10.07

8.29
8.17

8.24
8.14

9.14
8.06

9.72
9.04

8.19
8.02

7.33
7.40

8.52
8.50

8.46
8.16

S. Atlantic ..........................

8.76

10.02

10.51

9.35

9.22

10.57

11.23

10.28

10.26

10.49

10.98

10.17

9.37

9.97

10.36

E. S. Central ......................
W. S. Central .....................

8.15
6.84

9.53
8.05

10.30
8.70

9.00
7.52

8.90
7.48

10.71
9.25

11.21
9.10

9.82
8.22

9.70
7.88

10.25
8.15

10.61
8.73

9.80
8.23

8.86
7.53

9.64
8.19

9.91
8.14

Mountain ...........................

6.93

7.54

8.55

7.48

7.77

8.68

9.80

8.46

8.17

7.89

9.20

8.40

7.36

8.36

8.30

Pacific ................................
U.S. Average ..................
Industrial

8.11
7.83

8.74
8.59

8.84
8.95

8.56
7.98

9.22
8.66

9.18
9.59

9.70
9.85

9.25
9.02

9.05
9.02

8.48
9.02

9.30
9.52

9.23
8.98

8.48
8.12

9.30
9.03

9.04
9.07

New England .....................


Middle Atlantic ...................
E. N. Central ......................
W. N. Central .....................

8.68
8.17
6.11
5.16

8.49
8.13
6.58
5.40

7.38
8.21
6.04
4.92

8.87
8.12
5.91
5.40

10.05
9.22
7.88
7.29

9.50
8.77
8.72
6.27

8.27
9.31
7.55
5.74

9.53
8.93
6.99
5.64

9.66
8.96
7.26
5.73

8.77
8.03
6.62
4.88

8.63
8.33
6.67
5.18

9.71
8.92
6.87
5.91

8.47
8.16
6.12
5.23

9.51
9.09
7.73
6.28

9.31
8.71
6.97
5.47

S. Atlantic ..........................
E. S. Central ......................
W. S. Central .....................
Mountain ...........................

5.39
5.25
3.61
5.60

5.81
5.57
4.38
5.96

5.32
5.14
3.84
6.13

5.52
5.45
3.92
5.99

6.94
6.50
5.13
6.63

6.45
6.27
4.91
6.84

6.13
5.59
4.46
7.12

6.25
5.75
4.17
6.94

6.28
5.94
4.24
6.48

5.69
5.42
3.89
6.04

5.86
5.63
4.11
6.49

6.15
5.77
4.20
6.62

5.51
5.35
3.94
5.88

6.46
6.06
4.66
6.86

6.01
5.70
4.11
6.43

Pacific ................................
U.S. Average ..................

6.69
4.57

7.11
4.98

6.92
4.41

6.80
4.69

7.81
6.16

7.60
5.60

7.68
5.07

7.27
5.08

6.95
5.28

6.34
4.57

6.87
4.73

7.19
5.09

6.86
4.66

7.58
5.49

6.87
4.94

- = no data available
Prices are not adjusted for inflation.
Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
Regions refer to U.S. Census divisions.
See "Census division" in EIAs Energy Glossary (http://www.eia.doe.gov/glossary/index.html) for a list of States in each region.
Historical data: Latest data available from Energy Information Administration databases supporting the Natural Gas Monthly , DOE/EIA-0130.
Natural gas Henry Hub spot price from Reuter's News Service (http://www.reuters.com).
Minor discrepancies with published historical data are due to independent rounding.
Projections: EIA Regional Short-Term Energy Model.

Table 6. U.S. Coal Supply, Consumption, and Inventories


U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
2013

2014

2015

2nd

3rd

4th

1st

2nd

3rd

4th

1st

2nd

3rd

4th

Supply (million short tons)


Production ...........................................

245.1

243.1

256.7

239.1

245.2

245.8

251.1

255.7

255.5

239.7

255.6

251.0

984.0

997.8

1001.8

Appalachia .......................................

70.4

71.3

66.2

63.8

67.5

69.7

68.2

71.1

74.2

70.3

66.0

66.1

271.6

276.5

276.7

Interior ..............................................
Western ...........................................

45.5
129.2

45.0
126.8

48.1
142.4

44.0
131.3

46.3
131.4

44.8
131.4

48.8
134.1

48.0
136.6

46.0
135.3

45.6
123.8

48.3
141.3

47.8
137.1

182.7
529.7

187.8
533.5

187.7
537.4

Primary Inventory Withdrawals .............

5.5

-1.1

1.6

-2.6

1.0

-0.1

0.6

-2.3

0.5

-0.1

0.6

-2.3

3.5

-0.8

-1.3

Imports ................................................
Exports ................................................

1.4
31.8

2.8
29.4

2.4
28.6

2.3
27.8

2.4
27.7

3.5
24.6

2.7
21.8

2.7
22.1

2.2
21.3

2.4
25.4

3.3
23.5

2.9
25.1

8.9
117.7

11.4
96.3

10.7
95.3

Metallurgical Coal .............................


Steam Coal ......................................

18.2
13.7

16.1
13.3

15.9
12.7

15.4
12.4

16.9
10.9

15.8
8.8

14.5
7.3

14.2
7.9

13.8
7.5

14.3
11.2

12.6
11.0

13.8
11.3

65.7
52.0

61.4
34.9

54.4
40.9

Total Primary Supply ..............................

220.1

215.4

232.1

211.1

220.9

224.7

232.6

233.9

236.9

216.6

236.0

226.5

878.7

912.2

915.9

14.5

0.7

17.9

4.8

31.1

-15.2

8.8

-7.8

-1.7

-9.0

13.1

-5.8

37.9

16.9

-3.6

2.9
237.5

2.6
218.6

2.5
252.5

2.3
218.2

3.2
255.2

2.8
212.3

3.2
244.5

3.0
229.1

2.8
237.9

2.5
210.0

3.2
252.2

3.0
223.6

10.2
926.8

12.1
941.1

11.3
923.6

Secondary Inventory Withdrawals ........


Waste Coal (a) ....................................
Total Supply ...........................................

2013

Year
2014

1st

2015

Consumption (million short tons)


Coke Plants .........................................

5.3

5.5

5.4

5.3

4.8

5.1

5.5

5.5

4.9

4.9

5.7

5.7

21.5

21.0

21.2

Electric Power Sector (b) .....................

212.0

200.2

237.3

208.9

231.7

196.8

233.6

211.8

220.8

193.7

235.0

205.6

858.4

874.0

855.1

Retail and Other Industry .....................


Residential and Commercial .............

11.8
0.7

10.8
0.4

10.8
0.4

11.9
0.5

12.0
0.7

10.9
0.4

11.0
0.4

11.7
0.6

11.7
0.7

10.9
0.4

10.9
0.4

11.7
0.6

45.3
2.0

45.7
2.1

45.2
2.2

Other Industrial .................................

11.1

10.4

10.4

11.4

11.3

10.5

10.6

11.1

11.0

10.4

10.5

11.1

43.3

43.6

43.0

Total Consumption ................................

229.0

216.5

253.5

226.1

248.6

212.9

250.1

229.1

237.3

209.5

251.6

223.0

925.1

940.7

921.5

8.4

2.1

-1.0

-7.9

6.6

-0.5

-5.6

0.0

0.5

0.5

0.5

0.6

1.7

0.4

2.2

End-of-period Inventories (million short tons)


Primary Inventories (d) .........................
40.7
Secondary Inventories .........................
178.2
Electric Power Sector ........................
171.5

41.7
177.5
170.5

40.1
159.6
152.2

42.7
154.8
148.0

41.7
123.7
118.0

41.7
138.9
132.9

41.1
130.1
123.5

43.4
137.9
130.8

42.9
139.6
133.5

43.0
148.7
141.8

42.4
135.6
128.1

44.7
141.5
133.6

42.7
154.8
148.0

43.4
137.9
130.8

44.7
141.5
133.6

Discrepancy (c)

Retail and General Industry ..............


Coke Plants ......................................

4.0
2.2

4.0
2.5

4.3
2.5

4.1
2.2

3.5
1.8

3.6
1.9

4.4
1.9

4.8
1.9

4.1
1.6

4.5
2.0

5.1
1.9

5.5
1.9

4.1
2.2

4.8
1.9

5.5
1.9

Coal Market Indicators


Coal Miner Productivity
(Tons per hour) .................................
Total Raw Steel Production
(Million short tons per day) ................

5.55

5.55

5.55

5.55

5.47

5.47

5.47

5.47

5.61

5.61

5.61

5.61

5.55

5.47

5.61

0.259

0.267

0.267

0.260

0.262

0.263

0.271

0.267

0.271

0.280

0.264

0.255

0.263

0.266

0.267

Cost of Coal to Electric Utilities


(Dollars per million Btu) ....................

2.35

2.37

2.33

2.34

2.33

2.39

2.36

2.35

2.36

2.36

2.35

2.36

2.35

2.36

2.36

- = no data available
(a) Waste coal includes waste coal and cloal slurry reprocessed into briquettes.
(b) Coal used for electricity generation and (a limited amount of) useful thermal output by electric utilities and independent power producers.
(c) The discrepancy reflects an unaccounted-for shipper and receiver reporting difference, assumed to be zero in the forecast period.
(d) Primary stocks are held at the mines and distribution points.
Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
Historical data: Latest data available from Energy Information Administration databases supporting the following reports:Quarterly Coal Report , DOE/EIA-0121; and Electric Power Monthly ,
DOE/EIA-0226.
Minor discrepancies with published historical data are due to independent rounding.
Projections: EIA Regional Short-Term Energy Model.

Table 7a. U.S. Electricity Industry Overview


U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
2013
1st
2nd
Electricity Supply (billion kilowatthours per day)
Electricity Generation .........................
10.92
10.73
Electric Power Sector (a) ................
10.48
10.31
Comm. and Indus. Sectors (b) .......
0.44
0.42
Net Imports .......................................
0.13
0.14
Total Supply .......................................
11.06
10.87
Losses and Unaccounted for (c) ......
0.66
0.84

2014
3rd

4th

1st

12.15
11.71
0.45
0.17
12.32
0.77

10.66
10.23
0.44
0.13
10.79
0.79

11.47
11.04
0.43
0.11
11.58
0.67

Electricity Consumption (billion kilowatthours per day unless noted)


Retail Sales ........................................
10.01
9.66
11.16
9.62
Residential Sector ...........................
3.96
3.38
4.37
3.53
Commercial Sector .........................
3.47
3.60
4.07
3.53
Industrial Sector ..............................
2.56
2.65
2.70
2.55
Transportation Sector .....................
0.02
0.02
0.02
0.02
Direct Use (d) .....................................
0.39
0.37
0.39
0.38
Total Consumption ............................
10.39
10.03
11.55
10.00
Average residential electricity
usage per customer (kWh) ................
2,796
2,415
3,148
2,537
Prices
Power Generation Fuel Costs (dollars per million Btu)
Coal .................................................
2.35
2.37
Natural Gas .....................................
4.35
4.56
Residual Fuel Oil .............................
19.37
19.83
Distillate Fuel Oil ..............................
23.44
22.62
End-Use Prices (cents per kilowatthour)
Residential Sector ...........................
11.56
12.31
Commercial Sector .........................
9.96
10.33
Industrial Sector ..............................
6.55
6.79

2nd

2015
2013

Year
2014

3rd

4th

1st

2nd

3rd

4th

2015

10.75
10.34
0.40
0.12
10.87
0.84

12.12
11.68
0.44
0.13
12.25
0.79

10.55
10.11
0.44
0.10
10.65
0.69

11.25
10.81
0.44
0.11
11.36
0.60

10.89
10.48
0.41
0.11
11.00
0.90

12.33
11.88
0.45
0.14
12.47
0.77

10.69
10.24
0.45
0.10
10.79
0.72

11.12
10.68
0.44
0.14
11.26
0.77

11.22
10.79
0.43
0.11
11.34
0.75

11.29
10.86
0.44
0.11
11.40
0.75

10.53
4.35
3.62
2.54
0.02
0.38
10.91

9.67
3.36
3.64
2.66
0.02
0.35
10.03

11.07
4.29
4.06
2.70
0.02
0.39
11.46

9.58
3.51
3.47
2.57
0.02
0.39
9.96

10.37
4.15
3.62
2.59
0.02
0.38
10.75

9.74
3.36
3.66
2.70
0.02
0.36
10.10

11.30
4.43
4.08
2.77
0.02
0.39
11.70

9.68
3.53
3.50
2.63
0.02
0.39
10.07

10.11
3.81
3.67
2.62
0.02
0.38
10.50

10.21
3.87
3.70
2.62
0.02
0.38
10.59

10.27
3.86
3.71
2.67
0.02
0.38
10.65

3,048

2,375

3,063

2,504

2,885

2,357

3,138

2,492

10,896

10,991

10,873

2.33
4.06
18.76
23.23

2.34
4.41
19.47
22.97

2.33
6.82
19.95
23.39

2.39
4.93
21.16
22.74

2.36
4.59
19.44
21.57

2.35
4.89
18.20
21.68

2.36
4.87
17.65
22.56

2.36
4.29
17.92
22.47

2.35
4.44
17.90
22.27

2.36
4.85
17.84
22.83

2.35
4.32
19.33
23.08

2.36
5.24
19.76
22.71

2.36
4.59
17.83
22.54

12.54
10.68
7.24

12.01
10.14
6.67

11.90
10.57
7.02

12.73
10.63
6.94

12.99
11.07
7.41

12.32
10.47
6.84

12.29
10.56
6.77

12.92
10.89
6.99

13.10
11.30
7.48

12.43
10.67
6.87

12.12
10.29
6.82

12.48
10.70
7.06

12.69
10.87
7.04

- = no data available. kWh = kilowatthours. Btu = British thermal units.


Prices are not adjusted for inflation.
(a) Generation supplied by electricity-only and combined-heat-and-power (CHP) plants operated by electric utilities and independent power producers.
(b) Generation supplied by CHP and electricity-only plants operated by businesses in the commercial and industrial sectors, primarily for onsite use.
(c) Includes transmission and distribution losses, data collection time-frame differences, and estimation error.
(d) Direct Use represents commercial and industrial facility use of onsite net electricity generation; and electrical sales or transfers to adjacent or colocated facilities
for which revenue information is not available. See Table 7.6 of the EIA Monthly Energy Review .
Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
Historical data: Latest data available from Energy Information Administration databases supporting the following reports: Electric Power Monthly , DOE/EIA-0226; and Electric Power Annual ,
DOE/EIA-0348.
Minor discrepancies with published historical data are due to independent rounding.
Projections: EIA Regional Short-Term Energy Model.

Table 7b. U.S. Regional Electricity Retail Sales (Million Kilowatthours per Day)
U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
2013
1st
Residential Sector
New England ...............
Middle Atlantic .............
E. N. Central ................
W. N. Central ...............
S. Atlantic ....................
E. S. Central ................
W. S. Central ...............
Mountain ......................
Pacific contiguous .......
AK and HI .....................
Total ..........................
Commercial Sector
New England ...............
Middle Atlantic .............
E. N. Central ................
W. N. Central ...............
S. Atlantic ....................
E. S. Central ................
W. S. Central ...............
Mountain ......................
Pacific contiguous .......
AK and HI .....................
Total ..........................
Industrial Sector
New England ...............
Middle Atlantic .............
E. N. Central ................
W. N. Central ...............
S. Atlantic ....................
E. S. Central ................
W. S. Central ...............
Mountain ......................
Pacific contiguous .......
AK and HI .....................
Total ..........................
Total All Sectors (a)
New England ...............
Middle Atlantic .............
E. N. Central ................
W. N. Central ...............
S. Atlantic ....................
E. S. Central ................
W. S. Central ...............
Mountain ......................
Pacific contiguous .......
AK and HI .....................
Total ..........................

2nd

2014
3rd

4th

1st

2nd

2015
3rd

4th

1st

2nd

3rd

4th

2013

Year
2014

2015

144
390
562
322
962
344
529
253
436
14
3,955

115
324
447
247
846
280
517
248
346
12
3,384

146
416
553
310
1,075
366
755
328
412
12
4,373

122
330
495
275
873
294
517
227
385
13
3,531

154
423
616
352
1,081
404
641
239
421
14
4,345

111
315
446
246
858
278
501
242
347
11
3,355

135
387
513
293
1,095
369
741
325
420
12
4,289

124
331
487
268
880
292
508
228
384
13
3,514

147
398
569
326
1,042
374
603
246
426
14
4,146

113
316
438
244
856
279
518
241
340
12
3,357

136
409
554
314
1,131
382
742
344
406
12
4,430

124
333
488
269
888
291
509
232
380
13
3,526

132
365
514
288
939
321
580
264
395
13
3,811

131
364
515
290
978
335
598
259
393
13
3,875

130
364
512
288
979
331
593
266
388
13
3,865

121
427
492
270
781
228
462
237
430
17
3,466

118
414
490
266
832
243
514
262
448
16
3,604

135
474
539
298
918
288
610
287
500
17
4,066

117
412
489
271
799
231
504
243
444
17
3,527

153
442
510
284
803
239
495
239
438
17
3,620

138
413
490
273
842
237
522
257
447
16
3,636

156
465
524
293
924
281
610
289
507
17
4,064

134
402
475
264
778
223
491
242
446
17
3,472

151
440
506
279
800
240
496
243
443
17
3,615

137
414
496
277
842
236
529
263
449
16
3,660

157
462
537
297
917
286
616
290
501
17
4,081

134
402
478
268
784
225
496
244
447
17
3,496

123
432
503
277
833
248
523
257
456
17
3,667

145
431
500
278
837
245
530
257
459
17
3,699

145
429
504
280
836
247
535
260
460
17
3,713

72
188
533
230
367
317
407
210
224
13
2,563

73
186
534
239
388
312
435
235
235
14
2,650

78
193
539
251
397
286
448
246
251
14
2,703

71
188
513
238
373
277
422
217
234
14
2,546

49
201
525
234
372
279
431
213
226
13
2,543

49
198
532
240
397
287
465
239
240
14
2,660

51
197
534
253
390
286
472
255
246
14
2,700

49
192
512
246
381
279
437
225
236
14
2,570

49
198
533
245
373
287
440
223
226
14
2,587

49
199
541
253
401
292
466
246
242
14
2,703

54
205
551
269
405
290
462
264
257
15
2,771

49
198
527
257
386
287
443
230
241
14
2,633

74
189
530
240
381
298
428
227
236
14
2,616

50
197
526
243
385
283
451
233
237
14
2,619

50
200
538
256
391
289
453
241
241
14
2,674

339
1,017
1,589
823
2,114
890
1,399
700
1,092
43
10,006

308
935
1,473
752
2,070
836
1,467
745
1,031
42
9,658

360
1,095
1,632
859
2,393
940
1,813
862
1,165
43
11,163

311
940
1,497
784
2,049
801
1,443
686
1,066
44
9,623

357
1,078
1,654
870
2,260
922
1,567
692
1,087
44
10,531

300
936
1,469
760
2,100
803
1,488
739
1,037
41
9,673

344
1,060
1,572
840
2,412
936
1,823
869
1,176
43
11,074

308
936
1,475
777
2,043
794
1,437
695
1,067
44
9,577

349
1,049
1,609
850
2,219
901
1,540
713
1,097
44
10,370

300
941
1,476
774
2,103
807
1,513
751
1,034
42
9,741

350
1,087
1,644
881
2,457
958
1,820
898
1,166
43
11,304

308
946
1,495
793
2,062
804
1,448
707
1,071
45
9,677

330
997
1,548
805
2,157
867
1,531
749
1,088
43
10,114

327
1,002
1,542
811
2,204
864
1,579
749
1,092
43
10,213

327
1,006
1,556
825
2,210
868
1,581
767
1,092
43
10,274

- = no data available
(a) Total retail sales to all sectors includes residential, commercial, industrial, and transportation sector sales.
Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
Retail Sales represents total retail electricity sales by electric utilities and power marketers.
Regions refer to U.S. Census divisions.
See "Census division" in EIAs Energy Glossary (http://www.eia.doe.gov/glossary/index.html) for a list of States in each region.
Historical data: Latest data available from Energy Information Administration databases supporting the following reports: Electric Power Monthly , DOE/EIA-0226; and Electric
Power Annual , DOE/EIA-0348.
Minor discrepancies with published historical data are due to independent rounding.
Projections: EIA Regional Short-Term Energy Model.

Table 7c. U.S. Regional Electricity Prices (Cents per Kilowatthour)


U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
2013
1st

2nd

2014
3rd

4th

1st

2nd

2015
3rd

4th

1st

2nd

3rd

4th

2013

Year
2014

2015

Residential Sector
New England ..............
Middle Atlantic ............
E. N. Central ...............
W. N. Central ..............
S. Atlantic ...................
E. S. Central ...............
W. S. Central ..............
Mountain .....................
Pacific .........................
U.S. Average ...........
Commercial Sector
New England ..............
Middle Atlantic ............
E. N. Central ...............
W. N. Central ..............
S. Atlantic ...................
E. S. Central ...............
W. S. Central ..............
Mountain .....................
Pacific .........................
U.S. Average ...........
Industrial Sector
New England ..............
Middle Atlantic ............
E. N. Central ...............
W. N. Central ..............
S. Atlantic ...................
E. S. Central ...............
W. S. Central ..............
Mountain .....................
Pacific .........................
U.S. Average ...........
All Sectors (a)

15.59
15.09
11.48
9.95
10.88
10.05
10.23
10.46
12.80
11.56

16.12
15.70
12.45
11.40
11.48
10.71
10.95
11.52
13.72
12.31

16.01
16.48
12.30
12.06
11.77
10.64
10.92
11.99
14.60
12.54

17.21
15.53
11.87
10.43
11.27
10.28
10.75
11.09
13.32
12.01

17.46
16.28
11.56
10.05
11.31
10.30
10.37
10.94
12.97
11.90

18.03
16.58
12.95
11.80
11.98
11.21
11.44
12.02
12.77
12.73

17.38
16.89
13.00
12.32
12.06
11.06
11.45
12.33
15.34
12.99

17.91
16.07
12.35
10.72
11.55
10.63
11.14
11.43
12.92
12.32

18.24
16.30
12.14
10.41
11.57
10.75
10.82
11.24
13.41
12.29

18.43
17.10
13.26
12.05
12.09
11.29
11.17
12.32
13.38
12.92

18.30
17.21
13.24
12.50
12.06
11.15
11.20
12.65
15.57
13.10

18.29
16.43
12.59
10.93
11.50
10.65
10.81
11.74
13.41
12.43

16.20
15.72
12.01
10.95
11.37
10.42
10.73
11.32
13.60
12.12

17.67
16.46
12.41
11.15
11.72
10.77
11.09
11.74
13.55
12.48

18.31
16.76
12.79
11.45
11.81
10.96
11.01
12.05
13.97
12.69

14.37
12.70
9.34
8.36
9.30
9.82
8.07
8.83
11.04
9.96

13.76
12.85
9.65
9.22
9.34
9.91
8.19
9.47
12.94
10.33

13.83
13.89
9.65
9.66
9.48
9.76
8.14
9.80
14.38
10.68

14.40
12.45
9.39
8.49
9.42
9.78
8.02
9.26
12.43
10.14

15.24
14.26
9.69
8.60
9.83
10.28
8.12
9.18
11.95
10.57

14.07
13.28
9.93
9.38
9.67
10.51
8.29
9.82
13.14
10.63

14.34
13.97
9.95
9.88
9.70
10.57
8.38
10.18
15.25
11.07

14.46
12.68
9.56
8.71
9.67
10.53
8.24
9.56
12.97
10.47

15.13
13.33
9.74
8.62
9.90
10.60
8.21
9.28
12.36
10.56

14.87
13.76
9.98
9.52
9.92
10.73
8.10
10.08
14.02
10.89

14.94
14.59
10.02
10.12
9.99
10.77
8.13
10.42
15.83
11.30

14.81
13.31
9.74
8.89
9.94
10.74
7.93
9.73
13.30
10.67

14.08
13.00
9.51
8.95
9.39
9.82
8.11
9.37
12.77
10.29

14.54
13.58
9.79
9.16
9.72
10.48
8.26
9.71
13.40
10.70

14.94
13.77
9.87
9.31
9.94
10.71
8.09
9.91
13.95
10.87

12.38
7.30
6.42
6.33
6.30
5.65
5.60
5.89
7.41
6.55

11.92
7.23
6.62
6.58
6.44
5.91
5.88
6.44
8.14
6.79

12.46
7.47
6.75
7.15
6.77
6.63
6.17
7.18
8.93
7.24

11.89
7.00
6.49
6.28
6.41
5.65
5.73
6.23
8.22
6.67

12.96
8.75
7.00
6.56
6.80
6.18
5.87
6.21
7.96
7.02

11.28
7.37
6.83
6.68
6.68
6.22
6.04
6.76
8.30
6.94

11.75
7.40
6.96
7.22
7.00
6.90
6.49
7.52
9.46
7.41

12.19
7.27
6.76
6.37
6.55
5.81
6.00
6.50
8.46
6.84

12.09
7.67
6.73
6.42
6.65
5.98
5.77
6.37
7.78
6.77

11.94
7.62
6.86
6.75
6.78
6.28
5.95
6.92
8.29
6.99

12.33
7.82
7.03
7.40
7.09
6.78
6.39
7.77
9.24
7.48

11.77
7.39
6.76
6.45
6.68
6.04
5.91
6.59
8.33
6.87

12.17
7.25
6.57
6.60
6.48
5.96
5.86
6.46
8.20
6.82

12.04
7.70
6.89
6.71
6.76
6.28
6.11
6.78
8.56
7.06

12.04
7.63
6.85
6.77
6.80
6.28
6.01
6.95
8.44
7.04

New England ..............


Middle Atlantic ............
E. N. Central ...............
W. N. Central ..............
S. Atlantic ...................
E. S. Central ...............
W. S. Central ..............
Mountain .....................
Pacific .........................
U.S. Average ...........

14.43
12.61
9.11
8.42
9.50
8.42
8.17
8.54
10.99
9.72

14.18
12.70
9.40
9.09
9.67
8.68
8.48
9.20
12.10
10.05

14.40
13.73
9.59
9.79
10.06
9.15
8.81
9.89
13.28
10.58

14.92
12.43
9.21
8.50
9.66
8.53
8.33
8.91
11.82
9.91

15.85
14.00
9.53
8.64
10.04
9.05
8.42
8.87
11.51
10.26

15.05
13.13
9.72
9.31
10.05
9.22
8.65
9.56
11.89
10.34

15.12
13.80
9.92
9.93
10.34
9.64
9.13
10.20
14.06
10.92

15.45
12.76
9.50
8.66
9.90
8.91
8.58
9.18
11.95
10.17

15.98
13.37
9.59
8.67
10.13
9.19
8.54
9.05
11.82
10.30

15.69
13.56
9.80
9.41
10.20
9.31
8.49
9.76
12.46
10.51

15.82
14.27
10.10
10.14
10.47
9.71
8.94
10.50
14.27
11.07

15.69
13.14
9.62
8.79
10.00
9.02
8.32
9.37
12.21
10.27

14.48
12.90
9.33
8.96
9.73
8.71
8.47
9.18
12.07
10.08

15.38
13.45
9.67
9.14
10.09
9.22
8.72
9.50
12.40
10.44

15.80
13.61
9.78
9.27
10.21
9.32
8.59
9.72
12.73
10.56

- = no data available
Prices are not adjusted for inflation.
(a) Volume-weighted average of retail prices to residential, commercial, industrial, and transportation sectors.
Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
Regions refer to U.S. Census divisions.
See "Census division" in EIAs Energy Glossary (http://www.eia.doe.gov/glossary/index.html) for a list of States in each region.
Historical data: Latest data available from Energy Information Administration databases supporting the following reports: Electric Power Monthly , DOE/EIA-0226; and Electric
Power Annual , DOE/EIA-0348.
Minor discrepancies with published historical data are due to independent rounding.
Projections: EIA Regional Short-Term Energy Model.

Table 7d. U.S. Regional Electricity Generation, All Sectors (Thousand megawatthours per day)
U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
2013
1st

2nd

2014
3rd

4th

1st

2nd

2015
3rd

4th

1st

2nd

3rd

4th

2013

Year
2014

United States
Coal ...............................................
4,367
4,077
4,747
4,187
4,873
4,037
4,698
4,264
4,603
3,978
4,756
4,138
4,345
4,467
Natural Gas ...................................
2,802
2,843
3,694
2,858
2,700
2,870
3,647
2,809
2,822
2,958
3,786
2,899
3,051
3,008
Petroleum (a) ................................
74
73
81
66
147
63
68
64
75
65
72
62
74
85
Other Gases ..................................
32
33
36
33
28
29
36
34
28
30
37
35
34
32
Nuclear ..........................................
2,176
2,044
2,257
2,168
2,201
2,060
2,299
2,010
2,144
2,074
2,206
2,055
2,162
2,142
Renewable Energy Sources:
Conventional Hydropower ..........
736
886
716
613
703
850
678
596
747
865
698
640
737
707
Wind ...........................................
491
520
353
475
553
549
390
498
545
595
439
566
459
497
Wood Biomass ...........................
110
100
114
113
116
112
121
116
118
116
126
119
109
117
Waste Biomass ..........................
53
56
55
54
51
53
57
57
55
57
60
59
55
54
Geothermal ................................
46
45
45
45
45
45
45
46
46
45
46
47
45
45
Solar ...........................................
16
27
31
27
33
61
62
38
40
83
84
49
25
49
Pumped Storage Hydropower .......
-13
-11
-13
-12
-12
-17
-14
-12
-11
-11
-15
-12
-12
-14
Other Nonrenewable Fuels (b) ......
33
34
36
33
31
33
35
33
33
35
36
34
34
33
Total Generation ...........................
10,925 10,727 12,153 10,661 11,470 10,746 12,121 10,554 11,246 10,889 12,331 10,691
11,118 11,223
Northeast Census Region
Coal ...............................................
330
276
287
238
359
250
233
251
341
202
259
232
283
273
Natural Gas ...................................
451
480
610
445
409
480
607
463
464
517
631
494
497
490
Petroleum (a) ................................
12
4
8
6
55
2
3
4
7
4
5
4
7
16
Other Gases ..................................
2
2
2
2
2
2
2
2
2
2
2
2
2
2
Nuclear ..........................................
561
489
543
533
542
471
542
476
490
474
504
468
532
508
Hydropower (c) ..............................
101
95
91
95
97
104
88
101
107
113
93
100
95
97
Other Renewables (d) ...................
66
61
55
68
72
63
60
69
71
63
61
72
62
66
Other Nonrenewable Fuels (b) ......
12
13
13
12
11
12
12
12
11
12
12
12
12
12
Total Generation ...........................
1,535
1,421
1,609
1,399
1,547
1,384
1,547
1,378
1,493
1,387
1,569
1,383
1,491
1,464
South Census Region
Coal ...............................................
1,776
1,753
2,087
1,754
2,122
1,851
2,115
1,755
1,930
1,771
2,068
1,656
1,843
1,960
Natural Gas ...................................
1,599
1,673
2,049
1,590
1,538
1,722
2,083
1,558
1,624
1,787
2,167
1,638
1,729
1,726
Petroleum (a) ................................
27
36
38
25
54
28
30
26
32
27
31
24
32
34
Other Gases ..................................
12
14
15
14
11
11
14
13
10
12
14
14
14
12
Nuclear ..........................................
908
929
1,007
935
966
882
1,002
885
955
923
982
920
945
934
Hydropower (c) ..............................
150
147
134
116
146
103
98
121
157
113
106
120
137
117
Other Renewables (d) ...................
218
239
181
215
239
254
203
238
257
283
236
279
213
233
Other Nonrenewable Fuels (b) ......
13
13
14
13
13
13
14
13
14
14
15
14
13
13
Total Generation ...........................
4,705
4,803
5,526
4,660
5,089
4,862
5,558
4,608
4,978
4,931
5,620
4,663
4,925
5,030
Midwest Census Region
Coal ...............................................
1,656
1,500
1,753
1,599
1,805
1,440
1,699
1,624
1,744
1,477
1,784
1,627
1,627
1,642
Natural Gas ...................................
197
186
244
176
194
179
174
155
172
175
223
160
201
175
Petroleum (a) ................................
11
10
12
13
14
13
12
10
12
10
12
10
11
12
Other Gases ..................................
11
11
13
12
11
12
14
13
11
12
15
13
12
12
Nuclear ..........................................
548
476
534
549
533
543
583
498
538
520
553
513
527
540
Hydropower (c) ..............................
30
41
35
26
30
42
38
28
33
47
41
28
33
34
Other Renewables (d) ...................
216
199
141
221
251
213
162
231
245
235
169
254
194
214
Other Nonrenewable Fuels (b) ......
4
4
5
4
4
5
5
4
4
5
5
4
4
4
Total Generation ...........................
2,673
2,429
2,737
2,599
2,841
2,446
2,686
2,564
2,759
2,480
2,802
2,610
2,609
2,634
West Census Region
Coal ...............................................
605
547
620
596
587
497
651
633
587
529
644
623
592
592
Natural Gas ...................................
555
504
790
647
558
489
784
634
562
479
764
608
625
617
Petroleum (a) ................................
24
23
23
23
24
21
23
25
24
24
24
24
23
23
Other Gases ..................................
6
6
6
6
5
5
6
6
5
5
6
6
6
6
Nuclear ..........................................
159
150
173
152
160
164
172
150
162
156
166
154
158
161
Hydropower (c) ..............................
442
592
443
364
418
585
440
335
439
580
444
380
460
444
Other Renewables (d) ...................
217
249
222
210
236
290
250
219
233
314
288
235
225
249
Other Nonrenewable Fuels (b) ......
4
3
4
4
4
3
4
4
4
4
5
4
4
4
Total Generation ...........................
2,013
2,075
2,281
2,003
1,992
2,054
2,330
2,005
2,016
2,091
2,341
2,034
2,093
2,096
(a) Residual fuel oil, distillate fuel oil, petroleum coke, and other petroleum liquids.
(b) Batteries, chemicals, hydrogen, pitch, purchased steam, sulfur, nonrenewable waste, and miscellaneous technologies.
(c) Conventional hydroelectric and pumped storage generation.
(d) Wind, biomass, geothermal, and solar generation.
Notes: Data reflect generation supplied by electricity-only and combined-heat-and-power (CHP) plants operated by electric utilities, independent power producers, and
the commercial and industrial sectors. The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
Historical data: Latest data available from U.S. Energy Information Administration Electric Power Monthly and Electric Power Annual.
Projections: EIA Regional Short-Term Energy Model.

2015
4,369
3,118
68
33
2,120
737
536
120
58
46
64
-12
35
11,291
258
527
5
2
484
103
67
12
1,458
1,856
1,805
28
13
945
124
264
14
5,049
1,658
183
11
13
531
37
226
4
2,663
596
604
24
6
160
461
268
4
2,121

Table 7e. U.S. Regional Fuel Consumption for Electricity Generation, All Sectors
U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
2013
1st
2nd
3rd
Fuel Consumption for Electricity Generation, All Sectors
United States
Coal (thousand st/d) ...................
2,361
2,207
2,586
Natural Gas (million cf/d) ...........
20,952 21,902 28,751
Petroleum (thousand b/d) ..........
128
127
144
Residual Fuel Oil .....................
38
28
36
Distillate Fuel Oil .....................
26
24
27
Petroleum Coke (a) .................
59
72
78
Other Petroleum Liquids (b) ....
5
3
4
Northeast Census Region
Coal (thousand st/d) ...................
149
125
132
Natural Gas (million cf/d) ...........
3,415
3,668
4,716
Petroleum (thousand b/d) ..........
20
7
15
South Census Region
Coal (thousand st/d) ...................
940
937
1,119
Natural Gas (million cf/d) ...........
11,919 12,884 16,050
Petroleum (thousand b/d) ..........
52
67
72
Midwest Census Region
Coal (thousand st/d) ...................
933
842
989
Natural Gas (million cf/d) ...........
1,530
1,518
2,064
Petroleum (thousand b/d) ..........
20
17
20
West Census Region
Coal (thousand st/d) ...................
340
302
346
Natural Gas (million cf/d) ...........
4,089
3,832
5,922
Petroleum (thousand b/d) ..........
37
35
36

2014
4th

1st

2nd

2015
3rd

4th

1st

2nd

3rd

4th

2013

Year
2014

2015

2,278
21,615
119
30
26
60
4

2,582
20,530
258
86
85
70
17

2,169
21,903
110
24
23
61
2

2,547
27,775
119
28
25
62
4

2,309
20,756
115
27
29
55
5

2,459
20,980
133
27
33
66
8

2,135
22,693
115
26
25
60
5

2,562
29,207
126
28
26
66
5

2,241
21,594
111
24
26
56
5

2,358
23,322
129
33
25
67
4

2,402
22,755
150
41
40
62
7

2,349
23,636
121
26
28
62
6

108
3,352
11

164
3,153
92

116
3,659
4

110
4,692
6

117
3,463
7

157
3,508
13

94
3,976
7

121
4,925
10

108
3,723
7

128
3,790
13

127
3,745
27

120
4,036
9

933
12,043
47

1,084
11,689
103

969
13,113
52

1,117
15,817
57

926
11,457
50

995
12,016
62

923
13,678
53

1,079
16,684
58

870
12,161
46

983
13,232
60

1,023
13,026
65

967
13,643
55

902
1,441
23

1,006
1,587
27

811
1,441
23

958
1,388
20

911
1,199
20

977
1,347
21

826
1,420
19

1,003
1,842
20

913
1,256
20

917
1,639
20

921
1,403
23

930
1,467
20

335
4,779
37

328
4,101
37

274
3,690
31

363
5,878
36

356
4,637
39

329
4,109
37

292
3,618
37

359
5,756
38

350
4,454
38

331
4,661
36

330
4,582
36

333
4,489
38

End-of-period U.S. Fuel Inventories Held by Electric Power Sector


Coal (million short tons) ................
171.5
170.5
152.2
148.0
118.0
132.9
123.5
130.8
133.5
141.8
128.1
133.6
148.0
130.8
Residual Fuel Oil (mmb) ...............
12.9
12.1
12.2
12.9
10.5
10.7
10.9
11.5
11.6
11.6
11.4
11.4
12.9
11.5
Distillate Fuel Oil (mmb) ...............
16.2
15.9
15.5
15.7
15.4
15.6
15.5
15.7
15.7
15.5
15.4
15.6
15.7
15.7
Petroleum Coke (mmb) .................
2.0
2.0
1.5
1.9
1.7
2.0
2.0
2.1
2.2
2.3
2.4
2.5
1.9
2.1
(a) Petroleum coke consumption converted from short tons to barrels by multiplying by five.
(b) Other petroleum liquids include jet fuel, kerosene, and waste oil.
Notes: Data reflect generation supplied by electricity-only and combined-heat-and-power (CHP) plants operated by electric utilities, independent power producers, and
the commercial and industrial sectors. Data include fuel consumed only for generation of electricity. Values do not include consumption by CHP plants for useful thermal output.
The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
Physical Units: st/d = short tons per day; b/d = barrels per day; cf/d = cubic feet per day; mmb = million barrels.
Historical data: Latest data available from U.S. Energy Information Administration Electric Power Monthly and Electric Power Annual.
Projections: EIA Regional Short-Term Energy Model.

133.6
11.4
15.6
2.5

Table 8. U.S. Renewable Energy Consumption (Quadrillion Btu)


U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
2013
1st

2nd

2014
3rd

4th

1st

2nd

2015
3rd

4th

1st

2nd

3rd

4th

2013

Year
2014

2015

Electric Power Sector


Hydroelectric Power (a) ..............

0.621

0.759

0.619

0.529

0.595

0.731

0.587

0.515

0.632

0.743

0.605

0.553

2.529

2.427

2.533

Wood Biomass (b) .......................

0.049

0.045

0.056

0.056

0.065

0.059

0.068

0.064

0.066

0.060

0.074

0.067

0.207

0.256

0.267

Waste Biomass (c) ......................


Wind ..........................................

0.062
0.420

0.065
0.450

0.065
0.309

0.067
0.416

0.061
0.473

0.062
0.475

0.068
0.341

0.069
0.436

0.066
0.467

0.069
0.515

0.073
0.384

0.071
0.495

0.258
1.595

0.260
1.725

0.279
1.861

Geothermal ...............................
Solar ...........................................

0.040
0.013

0.039
0.023

0.039
0.026

0.039
0.023

0.038
0.028

0.039
0.051

0.039
0.053

0.040
0.033

0.040
0.034

0.039
0.070

0.041
0.072

0.041
0.042

0.157
0.085

0.157
0.165

0.161
0.218

Subtotal ...................................

1.206

1.380

1.115

1.130

1.260

1.417

1.163

1.157

1.304

1.497

1.249

1.269

4.831

4.997

5.319

Industrial Sector
Hydroelectric Power (a) ..............

0.009

0.008

0.007

0.007

0.008

0.005

0.007

0.007

0.006

0.006

0.007

0.007

0.032

0.027

0.026

Wood Biomass (b) .......................

0.318

0.310

0.328

0.324

0.305

0.317

0.313

0.308

0.296

0.291

0.305

0.309

1.281

1.243

1.201

Waste Biomass (c) ......................


Geothermal ...............................

0.042
0.001

0.042
0.001

0.043
0.001

0.044
0.001

0.042
0.001

0.042
0.001

0.045
0.001

0.044
0.001

0.043
0.001

0.041
0.001

0.045
0.001

0.045
0.001

0.171
0.004

0.173
0.004

0.174
0.004

Subtotal ...................................

0.374

0.366

0.384

0.380

0.359

0.370

0.371

0.364

0.351

0.343

0.362

0.365

1.505

1.464

1.422

Commercial Sector
Wood Biomass (b) .......................

0.017

0.017

0.018

0.018

0.018

0.018

0.021

0.023

0.023

0.022

0.023

0.023

0.070

0.079

0.091

Waste Biomass (c) ......................

0.012

0.011

0.011

0.012

0.011

0.011

0.012

0.012

0.012

0.011

0.012

0.012

0.046

0.046

0.047

Geothermal ...............................
Subtotal ...................................

0.005
0.035

0.005
0.034

0.005
0.035

0.005
0.036

0.005
0.035

0.005
0.034

0.005
0.039

0.005
0.040

0.005
0.040

0.005
0.038

0.005
0.041

0.005
0.041

0.020
0.140

0.020
0.148

0.020
0.160

Residential Sector
Wood Biomass (b) .......................

0.143

0.145

0.146

0.146

0.143

0.145

0.146

0.146

0.141

0.142

0.144

0.144

0.580

0.580

0.571

Geothermal ...............................

0.010

0.010

0.010

0.010

0.010

0.010

0.010

0.010

0.010

0.010

0.010

0.010

0.040

0.039

0.039

Solar (d) ......................................


Subtotal ...................................

0.054
0.207

0.055
0.209

0.055
0.211

0.055
0.211

0.062
0.215

0.063
0.217

0.063
0.220

0.063
0.220

0.075
0.226

0.076
0.228

0.076
0.230

0.076
0.230

0.219
0.839

0.252
0.871

0.303
0.914

Transportation Sector
Ethanol (e) ...................................

0.256

0.282

0.280

0.282

0.263

0.284

0.290

0.278

0.267

0.281

0.281

0.277

1.100

1.115

1.107

0.033
0.288

0.046
0.328

0.056
0.336

0.071
0.353

0.040
0.303

0.048
0.332

0.055
0.342

0.051
0.329

0.047
0.314

0.049
0.330

0.050
0.331

0.051
0.328

0.205
1.306

0.194
1.306

0.196
1.303

Biodiesel (e) ................................


Subtotal ...................................
All Sectors Total
Hydroelectric Power (a) ..............

0.631

0.767

0.627

0.536

0.602

0.736

0.594

0.522

0.638

0.749

0.612

0.560

2.561

2.455

2.559

Wood Biomass (b) .......................


Waste Biomass (c) ......................
Wind ..........................................

0.528
0.117
0.420

0.517
0.118
0.450

0.549
0.119
0.309

0.544
0.123
0.416

0.530
0.114
0.473

0.539
0.115
0.475

0.550
0.125
0.341

0.541
0.126
0.436

0.526
0.120
0.467

0.515
0.121
0.515

0.546
0.130
0.384

0.543
0.128
0.495

2.138
0.476
1.595

2.159
0.480
1.725

2.130
0.499
1.861

Geothermal ...............................
0.055
0.055
0.055
0.055
0.054
0.055
0.055
0.056
0.056
Solar ...........................................
0.068
0.078
0.082
0.079
0.091
0.116
0.117
0.096
0.109
Ethanol (e) ...................................
0.260
0.287
0.285
0.287
0.268
0.289
0.284
0.283
0.272
Biodiesel (e) ................................
0.033
0.046
0.056
0.071
0.040
0.048
0.055
0.051
0.047
Total Consumption .......................
2.111
2.318
2.082
2.111
2.173
2.372
2.134
2.110
2.234
- = no data available
(a) Conventional hydroelectric power only. Hydroelectricity generated by pumped storage is not included in renewable energy.
(b) Wood and wood-derived fuels.

0.055
0.146
0.286
0.049
2.436

0.056
0.149
0.286
0.050
2.213

0.057
0.118
0.282
0.051
2.235

0.221
0.307
1.120
0.205
8.622

0.220
0.419
1.123
0.194
8.789

0.224
0.522
1.127
0.196
9.118

(c) Municipal solid waste from biogenic sources, landfill gas, sludge waste, agricultural byproducts, and other biomass.
(d) Includes small-scale solar thermal and photovoltaic energy used in the commercial, industrial, and electric power sectors.
(e) Fuel ethanol and biodiesel consumption in the transportation sector includes production, stock change, and imports less exports. Some biodiesel may be consumed in the residential
sector in heating oil.
Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
Historical data: Latest data available from EIA databases supporting the following reports: Electric Power Monthly, DOE/EIA-0226 and Renewable Energy Annual, DOE/EIA-0603;
Petroleum Supply Monthly, DOE/EIA-0109.
Minor discrepancies with published historical data are due to independent rounding.
Projections: EIA Regional Short-Term Energy Model.

Table 9a. U.S. Macroeconomic Indicators and CO2 Emissions


U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014

Macroeconomic
Real Gross Domestic Product
(billion chained 2009 dollars - SAAR) ........
Real Personal Consumption Expend.
(billion chained 2009 dollars - SAAR) ........
Real Fixed Investment
(billion chained 2009 dollars - SAAR) ........
Business Inventory Change
(billion chained 2009 dollars - SAAR) ........
Real Government Expenditures
(billion chained 2009 dollars - SAAR) ........
Real Exports of Goods & Services
(billion chained 2009 dollars - SAAR) ........
Real Imports of Goods & Services
(billion chained 2009 dollars - SAAR) ........
Real Disposable Personal Income
(billion chained 2009 dollars - SAAR) ........
Non-Farm Employment
(millions) ..................................................
Civilian Unemployment Rate
(percent) ..................................................
Housing Starts
(millions - SAAR) .......................................

1st

2013
2nd
3rd

2013

Year
2014

2015

15,538

15,607

15,780

15,916

15,832

15,994

16,683

15,710

16,055

16,524

10,614

10,660

10,713

10,811

10,844

11,259

11,333

10,700

10,934

11,223

2,428

2,457

2,497

2,535

2,780

2,832

2,884

2,479

2,615

2,808

44

51

111

73

58

55

51

74

77

59

2,900

2,901

2,893

2,894

2,895

2,895

2,900

2,894

2,882

2,896

1,972

2,085

2,118

2,145

2,169

2,190

2,208

2,020

2,076

2,178

2,540

2,520

2,536

2,576

2,606

2,640

2,676

2,440

2,518

2,625

11,810

11,932

11,988

12,023

12,126

12,194

12,276

12,362

11,651

11,938

12,240

137.2

137.8

138.5

139.2

139.9

140.5

141.1

141.7

142.2

136.4

138.8

141.4

7.2

7.0

6.7

6.2

6.1

6.0

5.8

5.8

5.8

5.7

7.4

6.3

5.8

0.86

0.88

1.03

0.93

0.99

1.05

1.10

1.16

1.23

1.31

1.39

0.93

1.01

1.27

91.0
90.5
95.4
92.5

99.4
97.5
104.2
85.6
95.5
87.8
73.4
99.4
90.9
90.3
95.6
92.6

100.1
97.9
104.3
85.1
96.2
87.5
74.3
100.8
91.3
91.1
96.2
93.0

101.3
99.0
105.2
83.9
96.7
87.7
74.7
103.1
92.0
92.2
97.2
93.9

102.2
99.4
106.1
82.4
97.7
87.7
75.5
101.9
91.8
92.3
97.1
93.6

103.6
101.2
106.6
83.3
98.2
88.6
77.5
105.6
93.5
93.9
99.0
94.7

104.4
102.4
106.1
82.8
98.2
89.6
80.1
108.8
94.7
94.9
100.2
95.5

105.9
103.6
106.7
83.6
98.6
90.0
81.1
109.3
95.4
95.7
101.1
96.3

106.8
104.4
107.4
84.0
99.0
90.7
82.3
110.8
96.4
96.7
102.2
97.1

107.4
105.2
108.0
84.2
99.2
91.3
83.8
110.8
96.9
97.6
102.9
97.7

108.3
106.0
108.6
84.7
99.5
91.9
85.7
112.1
97.9
98.7
104.0
98.6

109.1
106.9
109.2
85.1
99.8
92.4
87.9
113.4
98.8
99.7
105.0
99.3

99.9
97.9
104.5
85.0
96.2
87.5
74.0
100.8
91.3
91.0
96.1
93.0

104.0
101.6
106.4
83.0
98.2
89.0
78.5
106.4
93.9
94.2
99.4
95.0

107.9
105.6
108.3
84.5
99.4
91.6
84.9
111.8
97.5
98.2
103.5
98.2

Price Indexes
Consumer Price Index (all urban consumers)
(index, 1982-1984=1.00) ............................
Producer Price Index: All Commodities
(index, 1982=1.00) ....................................
Producer Price Index: Petroleum
(index, 1982=1.00) ....................................
GDP Implicit Price Deflator
(index, 2009=100) .....................................

2.32

2.32

2.33

2.34

2.35

2.37

2.38

2.39

2.40

2.41

2.42

2.43

2.33

2.37

2.41

2.04

2.03

2.04

2.03

2.06

2.07

2.08

2.07

2.08

2.08

2.09

2.10

2.03

2.07

2.09

3.01

2.96

2.99

2.83

2.88

2.99

2.87

2.71

2.76

2.89

2.88

2.76

2.95

2.86

2.82

106.2

106.5

106.9

107.3

107.7

108.3

108.5

109.1

109.7

110.1

110.5

111.2

106.7

108.4

110.4

Miscellaneous
Vehicle Miles Traveled (b)
(million miles/day) ......................................
Air Travel Capacity
(Available ton-miles/day, thousands) ..........
Aircraft Utilization
(Revenue ton-miles/day, thousands) ..........
Airline Ticket Price Index
(index, 1982-1984=100) .............................
Raw Steel Production
(million short tons per day) ........................

7,664

8,459

8,375

7,997

7,615

8,574

8,471

8,106

7,755

8,602

8,491

8,127

8,125

8,194

8,245

507

536

542

516

503

545

550

518

510

553

555

520

526

529

535

309

337

342

322

310

345

352

323

314

351

355

326

328

333

337

310.4

323.5

307.0

309.9

297.3

334.3

300.1

292.6

309.0

345.2

328.5

311.9

312.7

306.1

323.7

0.259

0.267

0.267

0.260

0.262

0.263

0.271

0.267

0.271

0.280

0.264

0.255

0.263

0.266

0.267

563
290
403
1,256

581
299
471
1,351

578
378
421
1,377

557
456
462
1,475

568
294
396
1,258

579
299
467
1,345

575
366
427
1,368

557
432
443
1,431

571
302
392
1,264

582
311
469
1,362

576
373
416
1,366

2,272
1,391
1,722
5,385

2,279
1,414
1,753
5,446

2,286
1,418
1,720
5,424

1st

2nd

2015
4th

1st

2nd

3rd

4th

16,133

16,260

16,371

16,466

16,575

10,910

10,947

11,035

11,115

11,186

2,536

2,586

2,650

2,686

2,736

91

40

99

90

79

2,902

2,875

2,869

2,879

2,887

2,003

2,028

2,077

2,027

2,076

2,399

2,449

2,452

2,460

2,474

11,539

11,647

11,706

11,712

135.5

136.1

136.6

7.7

7.5

0.95

Industrial Production Indices (Index, 2007=100)


Total Industrial Production ...........................
99.0
Manufacturing ..........................................
97.1
Food ....................................................
104.0
Paper ...................................................
85.3
Petroleum and Coal Products ................
96.6
Chemicals .............................................
87.1
Nonmetallic Mineral Products ................
73.5
Primary Metals ......................................
99.7
Coal-weighted Manufacturing (a) ..............
Distillate-weighted Manufacturing (a) ........
Electricity-weighted Manufacturing (a) .......
Natural Gas-weighted Manufacturing (a) ...

2014
4th

3rd

Carbon Dioxide (CO 2) Emissions (million metric tons)


Petroleum ...................................................
Natural Gas .................................................
Coal ............................................................
Total Fossil Fuels ........................................

550
424
427
1,401

- = no data available
SAAR = Seasonally-adjusted annual rate
(a) Fuel share weights of individual sector indices based on EIA Manufacturing Energy Consumption Survey .
(b) Total highway travel includes gasoline and diesel fuel vehicles.
Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
Historical data : Latest data available from U.S. Department of Commerce, Bureau of Economic Analysis; Federal Reserve System, Statistical release G17; Federal Highway Administration;
and Federal Aviation Administration. Minor discrepancies with published historical data are due to independent rounding.
Projections: EIA Regional Short-Term Energy Model. Macroeconomic projections are based on Global Insight Model of the U.S. Economy.

Table 9b. U.S. Regional Macroeconomic Data


U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
2013
1st
2nd
3rd
4th
Real Gross State Product (Billion $2009)
New England ................
848
847
858
863
Middle Atlantic ..............
2,329
2,352
2,365
2,381
E. N. Central .................
2,168
2,173
2,180
2,199
W. N. Central ................
1,019
1,017
1,031
1,038
S. Atlantic ......................
2,770
2,771
2,792
2,820
E. S. Central .................
720
718
726
730
W. S. Central ................
1,872
1,888
1,915
1,938
Mountain .......................
1,005
1,013
1,022
1,034
Pacific ...........................
2,733
2,753
2,814
2,838
Industrial Output, Manufacturing (Index, Year 2007=100)
New England ................
95.3
95.5
95.6
96.2
Middle Atlantic ..............
93.2
93.3
93.4
94.1
E. N. Central .................
98.5
98.8
99.3
100.9
W. N. Central ................
100.2
100.6
100.9
102.3
S. Atlantic ......................
92.7
93.0
93.5
94.6
E. S. Central .................
94.6
95.0
95.7
96.8
W. S. Central ................
102.1
102.3
102.6
104.0
Mountain .......................
98.7
99.2
99.7
100.9
Pacific ...........................
98.0
98.5
98.9
99.9
Real Personal Income (Billion $2009)
New England ................
742
749
750
753
Middle Atlantic ..............
1,991
2,014
2,020
2,024
E. N. Central .................
1,832
1,848
1,844
1,847
W. N. Central ................
869
872
879
873
S. Atlantic ......................
2,440
2,462
2,464
2,471
E. S. Central .................
647
650
652
652
W. S. Central ................
1,486
1,502
1,513
1,515
Mountain .......................
838
850
852
854
Pacific ...........................
2,219
2,246
2,273
2,283
Households (Thousands)
New England ................
5,771
5,781
5,791
5,800
Middle Atlantic ..............
15,893 15,927 15,958 15,984
E. N. Central .................
18,449 18,486 18,516 18,541
W. N. Central ................
8,355
8,382
8,407
8,429
S. Atlantic ...................... 24,064 24,160 24,254 24,341
E. S. Central .................
7,445
7,460
7,472
7,482
W. S. Central ................
13,877 13,930 13,981 14,029
Mountain .......................
8,584
8,623
8,662
8,698
Pacific ...........................
17,938 17,995 18,054 18,102
Total Non-farm Employment (Millions)
New England ................
7.0
7.0
7.0
7.0
Middle Atlantic ..............
18.5
18.5
18.6
18.6
E. N. Central .................
20.8
20.8
20.9
21.0
W. N. Central ................
10.2
10.2
10.2
10.3
S. Atlantic ......................
25.6
25.7
25.8
26.0
E. S. Central .................
7.5
7.6
7.6
7.6
W. S. Central ................
15.8
15.9
15.9
16.0
Mountain .......................
9.4
9.5
9.5
9.6
Pacific ...........................
20.5
20.6
20.8
20.9

2014
1st

2nd

2015
3rd

4th

1st

2nd

3rd

4th

2013

Year
2014

2015

858
2,365
2,186
1,031
2,807
724
1,936
1,028
2,821

864
2,383
2,205
1,042
2,838
732
1,964
1,039
2,853

870
2,398
2,218
1,050
2,862
737
1,991
1,050
2,881

876
2,413
2,233
1,059
2,886
743
2,008
1,059
2,906

881
2,428
2,247
1,066
2,908
748
2,022
1,067
2,928

885
2,438
2,256
1,072
2,925
752
2,038
1,075
2,947

889
2,452
2,267
1,079
2,946
757
2,054
1,083
2,969

894
2,466
2,278
1,086
2,966
761
2,071
1,092
2,990

854
2,357
2,180
1,026
2,788
723
1,903
1,019
2,785

867
2,390
2,210
1,045
2,848
734
1,975
1,044
2,865

887
2,446
2,262
1,076
2,936
754
2,046
1,079
2,958

96.6
94.1
101.6
102.8
94.9
97.0
104.7
101.5
100.0

98.1
95.0
103.2
105.0
96.7
98.8
106.9
103.5
101.5

98.8
95.9
104.6
106.2
98.0
100.4
108.3
104.8
102.6

99.9
96.9
106.0
107.3
98.9
101.4
109.5
106.2
103.8

100.6
97.7
107.0
108.2
99.6
102.4
110.5
107.1
104.6

101.1
98.3
107.9
109.0
100.1
103.2
111.3
107.9
105.3

101.8
99.0
108.7
109.9
100.8
104.1
112.3
109.0
106.1

102.5
99.8
109.5
110.8
101.5
104.9
113.4
110.1
106.8

95.7
93.5
99.4
101.0
93.4
95.5
102.8
99.6
98.8

98.4
95.5
103.8
105.3
97.1
99.4
107.3
104.0
102.0

101.5
98.7
108.3
109.5
100.5
103.6
111.9
108.5
105.7

761
2,046
1,863
875
2,493
659
1,532
863
2,297

765
2,056
1,878
888
2,519
665
1,551
871
2,320

769
2,066
1,884
890
2,534
668
1,562
877
2,335

773
2,079
1,891
893
2,547
670
1,574
883
2,349

780
2,098
1,910
903
2,575
678
1,593
893
2,374

785
2,108
1,922
910
2,594
682
1,607
901
2,393

789
2,119
1,931
916
2,612
686
1,620
908
2,411

794
2,135
1,943
924
2,633
691
1,634
916
2,432

748
2,012
1,843
873
2,459
650
1,504
848
2,255

767
2,062
1,879
887
2,523
665
1,555
873
2,325

787
2,115
1,927
913
2,603
684
1,613
904
2,402

5,811
16,021
18,580
8,456
24,445
7,498
14,084
8,741
18,166

5,820
16,049
18,604
8,478
24,534
7,510
14,132
8,778
18,212

5,834
16,086
18,645
8,506
24,640
7,528
14,192
8,823
18,274

5,846
16,116
18,676
8,530
24,736
7,542
14,247
8,865
18,331

5,857
16,147
18,705
8,555
24,832
7,558
14,303
8,907
18,391

5,868
16,175
18,736
8,580
24,927
7,574
14,360
8,949
18,450

5,881
16,210
18,774
8,607
25,029
7,595
14,422
8,994
18,517

5,894
16,245
18,813
8,634
25,132
7,616
14,484
9,040
18,579

5,800
15,984
18,541
8,429
24,341
7,482
14,029
8,698
18,102

5,846
16,116
18,676
8,530
24,736
7,542
14,247
8,865
18,331

5,894
16,245
18,813
8,634
25,132
7,616
14,484
9,040
18,579

7.1
18.6
21.0
10.3
26.1
7.6
16.2
9.7
21.0

7.1
18.7
21.0
10.4
26.2
7.7
16.3
9.7
21.1

7.1
18.8
21.1
10.4
26.4
7.7
16.4
9.8
21.3

7.2
18.8
21.2
10.5
26.5
7.7
16.5
9.9
21.4

7.2
18.9
21.2
10.5
26.6
7.8
16.6
9.9
21.5

7.2
19.0
21.3
10.5
26.8
7.8
16.7
10.0
21.6

7.2
19.0
21.4
10.6
26.9
7.8
16.8
10.0
21.7

7.2
19.1
21.4
10.6
27.0
7.9
16.9
10.1
21.8

7.0
18.5
20.8
10.2
25.8
7.6
15.9
9.5
20.7

7.1
18.7
21.1
10.4
26.3
7.7
16.4
9.8
21.2

7.2
19.0
21.4
10.6
26.8
7.8
16.7
10.0
21.6

- = no data available
Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
Regions refer to U.S. Census divisions.
See "Census division" in EIAs Energy Glossary (http://www.eia.doe.gov/glossary/index.html) for a list of States in each region.
Historical data: Latest data available from U.S. Department of Commerce, Bureau of Economic Analysis; Federal Reserve System, Statistical release G17.
Minor discrepancies with published historical data are due to independent rounding.
Projections: Macroeconomic projections are based on the Global Insight Model of the U.S. Economy.

Table 9c. U.S. Regional Weather Data


U.S. Energy Information Administration | Short-Term Energy Outlook - October 2014
2013
1st

2nd

Heating Degree Days


New England .................
3,120
847
Middle Atlantic ...............
2,950
694
E. N. Central ..................
3,289
759
W. N. Central .................
3,407
904
South Atlantic ................
1,518
211
E. S. Central ..................
1,932
287
W. S. Central .................
1,179
138
Mountain ........................
2,416
731
Pacific ............................
1,563
499
U.S. Average .............
2,222
510
Heating Degree Days, Prior 10-year Average
New England .................
3,197
860
Middle Atlantic ...............
2,937
678
E. N. Central ..................
3,132
696
W. N. Central .................
3,210
667
South Atlantic ................
1,474
198
E. S. Central ..................
1,819
231
W. S. Central .................
1,177
79
Mountain ........................
2,237
728
Pacific ............................
1,534
645
U.S. Average .............
2,172
499
Cooling Degree Days
New England .................
0
96
Middle Atlantic ...............
0
156
E. N. Central ..................
0
213
W. N. Central .................
0
231
South Atlantic ................
107
591
E. S. Central ..................
14
453
W. S. Central .................
74
781
Mountain ........................
23
479
Pacific ............................
26
216
U.S. Average .............
36
377
Cooling Degree Days, Prior 10-year Average
New England .................
0
77
Middle Atlantic ...............
0
159
E. N. Central ..................
3
220
W. N. Central .................
7
273
South Atlantic ................
112
633
E. S. Central ..................
36
525
W. S. Central .................
100
889
Mountain ........................
17
411
Pacific ............................
26
159
U.S. Average .............
42
387

2014
3rd

4th

1st

2nd

167
128
119
100
20
15
1
126
83
76

2,297
2,062
2,456
2,723
987
1,415
1,012
1,995
1,231
1,660

3,566
3,438
3,935
3,861
1,714
2,270
1,488
2,128
1,256
2,454

886
705
726
753
196
230
92
714
472
481

129
84
122
156
14
21
6
158
94
77

2,158
1,978
2,212
2,362
1,009
1,323
801
1,869
1,236
1,558

3,152
2,905
3,117
3,209
1,465
1,810
1,158
2,267
1,555
2,161

444
523
471
656
1,038
918
1,512
912
594
803

0
6
6
7
254
58
164
50
49
86

416
560
548
684
1,157
1,049
1,494
934
598
844

1
4
6
9
208
57
194
77
63
84

2015
3rd

2nd

3rd

4th

2013

Year
2014

4th

1st

194
113
193
192
19
26
7
111
46
86

2,166
1,967
2,227
2,415
986
1,328
856
1,857
1,035
1,520

3,173
2,915
3,134
3,200
1,475
1,867
1,264
2,183
1,278
2,114

874
683
731
686
214
266
97
651
494
478

136
93
126
152
16
22
5
136
91
77

2,179
2,005
2,246
2,435
1,001
1,331
825
1,834
1,123
1,540

6,430
5,835
6,623
7,133
2,737
3,649
2,331
5,267
3,376
4,469

6,812
6,224
7,081
7,221
2,916
3,854
2,443
4,811
2,809
4,541

6,362
5,695
6,238
6,472
2,706
3,485
2,190
4,805
2,987
4,208

836
660
690
686
194
236
85
728
625
492

134
88
120
149
14
19
5
156
96
77

2,167
1,983
2,243
2,404
1,006
1,336
827
1,887
1,236
1,569

3,166
2,935
3,192
3,272
1,481
1,853
1,190
2,259
1,534
2,183

838
666
694
691
196
236
86
730
622
493

139
91
126
151
14
20
5
146
91
77

2,156
1,976
2,248
2,423
1,008
1,350
835
1,882
1,211
1,565

6,344
5,678
6,161
6,394
2,694
3,393
2,063
4,993
3,510
4,306

6,289
5,635
6,170
6,448
2,679
3,402
2,075
5,038
3,512
4,299

6,300
5,669
6,261
6,538
2,699
3,458
2,116
5,018
3,458
4,319

0
0
0
0
107
6
33
31
39
34

75
155
231
263
640
505
777
438
222
392

366
445
394
553
1,080
948
1,449
882
714
792

1
6
8
11
228
66
188
78
76
92

0
0
0
3
112
27
69
19
31
39

83
163
216
274
616
494
827
449
199
390

407
548
544
685
1,135
1,037
1,483
975
574
843

0
5
8
11
230
66
196
86
74
94

540
685
689
893
1,990
1,442
2,531
1,465
885
1,303

442
606
633
827
2,055
1,525
2,447
1,430
1,051
1,309

490
716
767
972
2,093
1,625
2,575
1,529
879
1,365

0
0
3
7
109
35
102
18
26
41

83
167
230
277
636
528
882
420
166
393

417
558
546
678
1,153
1,045
1,506
922
588
843

1
5
6
9
212
57
190
71
58
83

0
0
3
7
109
33
94
17
26
40

85
168
234
282
634
526
883
424
170
395

422
559
546
685
1,156
1,056
1,519
931
603
851

1
6
7
9
213
52
180
74
61
83

494
724
778
974
2,110
1,667
2,676
1,440
847
1,357

500
731
785
972
2,111
1,666
2,680
1,432
838
1,360

508
732
789
983
2,113
1,667
2,676
1,445
860
1,370

- = no data available
Notes: Regional degree days for each period are calculated by EIA as contemporaneous period population-weighted averages of
state degree day data published by the National Oceanic and Atmospheric Administration (NOAA).
See Change in Regional and U.S. Degree-Day Calculations (http://www.eia.gov/forecasts/steo/special/pdf/2012_sp_04.pdf) for more information.
The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forecasts in italics.
Regions refer to U.S. Census divisions. See "Census division" in EIAs Energy Glossary (http://www.eia.gov/tools/glossary/) for a list of states in each region.
Historical data: Latest data available from U.S. Department of Commerce, National Oceanic and Atmospheric Association (NOAA).
Projections: Based on forecasts by the NOAA Climate Prediction Center (http://www.cpc.ncep.noaa.gov/pacdir/DDdir/NHOME3.shtml).

2015

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