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Posted April 21, 2015Today in Energy

Increasing domestic production of crude oil reduces net petroleum imports ›

In its recently released Annual Energy Outlook 2015 (AEO2015) Reference case, EIA expects U.S. crude oil production to rise through 2020 as oil prices recover from their steep decline, reducing net petroleum (crude oil and petroleum products) imports. AEO 2015 explores the effects of domestic crude oil production under various assumptions of world oil prices and domestic resource availability. More

Source: EIA, Annual Energy Outlook 2015


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Data Highlights

WTI crude oil futures price

4/20/2015: $56.38/bbl

up$4.47 from week earlier
down$48.82 from year earlier

Natural gas futures price

4/20/2015: $2.536/mmBtu

up$0.025 from week earlier
down$2.505 from year earlier

Retail gasoline price

4/20/2015: $2.485/gal

up$0.077 from week earlier
down$1.198 from year earlier

Retail diesel price

4/20/2015: $2.780/gal

up$0.026 from week earlier
down$1.191 from year earlier

Weekly coal production

4/11/2015: 18.015 million tons

up0.603 million tons from week earlier
down1.483 million tons from year earlier


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