Supply, Disposition, and Prices

1998

2005

2010

Reference

Accelerated Depletion

Accelerated Depletion

Reference

Accelerated Depletion

Accelerated Depletion

Low World Oil Price

High World Oil Price

Low World Oil Price

High World Oil Price

Production

   Crude Oil & Lease Condensate

13.23

11.20

11.10

10.44

11.47

11.15

10.68

9.91

11.23

   Natural Gas Plant Liquids

2.49

2.53

2.50

2.49

2.53

2.93

2.88

2.87

2.93

   Dry Natural Gas

19.41

19.90

19.67

19.60

19.91

23.37

22.93

22.84

23.34

   Coal

23.89

25.97

26.02

25.93

25.98

26.51

26.54

26.39

26.34

   Nuclear Power

7.19

7.20

7.20

7.20

7.20

6.70

6.70

6.70

6.70

   Renewable Energy¹

6.67

7.09

7.10

7.06

7.08

7.43

7.43

7.38

7.47

   Other²

0.57

0.58

0.59

0.50

0.67

0.59

0.59

0.49

0.73

       Total

73.46

74.46

74.18

73.23

74.84

78.69

77.75

76.58

78.75

Imports

   Crude Oil³

18.90

23.31

23.44

24.17

23.20

24.70

25.16

26.51

24.61

   Petroleum Products⁴

3.99

5.79

5.81

7.08

4.97

6.79

6.79

8.12

5.68

   Natural Gas

3.37

4.57

4.66

4.43

4.72

4.65

4.82

4.63

4.81

   Other Imports⁵

0.59

0.99

0.99

0.99

0.99

0.89

0.89

0.89

0.90

       Total

26.85

34.67

34.90

36.66

33.88

37.02

37.67

40.15

36.00

Exports

   Petroleum⁶

1.94

1.94

1.93

1.85

2.05

2.03

2.00

1.84

2.09

   Natural Gas

0.17

0.24

0.24

0.24

0.24

0.29

0.29

0.29

0.29

   Coal

2.05

1.65

1.65

1.65

1.65

1.73

1.77

1.73

1.73

       Total

4.16

3.83

3.82

3.74

3.94

4.06

4.06

3.86

4.11

Discrepancy⁷

1.28

0.14

0.15

0.27

0.09

0.11

0.10

0.23

-0.04

Consumption

  Petroleum Products⁸

37.21

41.26

41.30

42.50

40.64

43.98

43.96

45.78

43.08

   Natural Gas

21.99

24.26

24.14

23.83

24.43

27.70

27.45

27.16

27.84

   Coal

21.50

24.83

24.87

24.79

24.83

25.35

25.35

25.23

25.21

   Nuclear Power

7.19

7.20

7.20

7.20

7.20

6.70

6.70

6.70

6.70

   Renewable Energy¹

6.67

7.09

7.10

7.07

7.08

7.44

7.44

7.39

7.48

   Other⁹

0.32

0.50

0.50

0.50

0.50

0.36

0.36

0.37

0.35

     Total

94.88

105.15

105.11

105.89

104.69

111.54

111.26

112.63

110.67

Net Imports - Petroleum

20.95

27.16

27.32

29.40

26.12

29.45

29.96

32.79

28.21

Prices (1998 dollars per unit)

 World Oil Price (dollars per bbl)¹⁰

12.10

20.49

20.49

14.90

24.16

21.00

21.00

14.90

26.31

 Gas Wellhead Price (dollars per  Mcf)¹¹

1.96

2.40

2.48

2.30

2.53

2.48

2.62

2.47

2.66

 Coal Minemouth Price (dollars per ton)

17.51

14.80

14.82

14.81

14.84

13.89

14.08

13.95

14.04

 Average Electric Price (cents per Kwh)

6.71

6.20

6.22

6.10

6.25

5.94

6.02

5.95

6.05

¹Includes grid-connected electricity from conventional hydroelectric; wood and wood waste; landfill gas; municipal solid waste; other biomass; wind; photovoltaic and solar thermal sources; non-electric energy from renewable sources, such as active and passive solar systems, and wood; and both the ethanol and gasoline components of E85, but not the ethanol components of blends less than 85 percent. Excludes electricity imports using renewable sources and nonmarketed renewable energy.
²Includes liquid hydrogen, methanol, supplemental natural gas, and some domestic inputs to refineries.
³Includes imports of crude oil for the Strategic Petroleum Reserve.
⁴Includes imports of finished petroleum products, imports of unfinished oils, alcohols, ethers, and blending components.
⁵Includes coal, coal coke (net), and electricity (net).
⁶Includes crude oil and petroleum products.
⁷Balancing item. Includes unaccounted for supply, losses, gains, and net storage withdrawals.
⁸Includes natural gas plant liquids, crude oil consumed as a fuel, and nonpetroleum based liquids for blending, such as ethanol.
⁹Includes net electricity imports, methanol, and liquid hydrogen.
¹⁰Average refiner acquisition cost for imported crude oil.
¹¹Represents lower 48 onshore and offshore supplies.
Btu = British thermal unit.
Mcf = Thousand cubic feet.
Kwh = Kilowatthour.
Note: Totals may not equal sum of components due to independent rounding.
Source: Energy Information Administration, Office of Integrated Analysis and Forecasting, National Energy Modeling System runs OGBASE.D051200A, OGDEPL.D051200A, OGLWOP.D051200A, and OGHWOP.D051200A.