U.S. To Export Natural Gas

EIA's AEO2017 projects the United States as a net energy exporter in most cases

January 5, 2017 (U.S. Energy Information Administration)

“…[The U.S. Energy Information Administration (EIA) Annual Energy Outlook 2017 (AEO2017)] presents updated projections for U.S. energy markets through 2050 based on eight cases (Reference, Low and High Economic Growth, Low and High Oil Price, Low and High Oil and Gas Resource and Technology, No Clean Power Plan implementation). This is the first time that EIA is publishing projections through 2050…The United States becomes a net energy exporter in most AEO2017 cases as petroleum liquid imports fall and natural gas exports rise…In all cases but the High Oil and Gas Resource Technology case, which assumes substantial improvements in production technology and more favorable resource availability, U.S. production declines in the 2030s, which slows or reverses projected growth in net energy exports…[All cases except the No Clean Power Plan case include the Clean Power Plan and energy] related carbon dioxide emissions decline [in all but] the No Clean Power Plan case…”

click here for more

click to enlarge

Tweet