Supply, Disposition, and Prices

2015

2020

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

11.41

10.79

9.59

11.83

11.57

10.97

9.55

12.27

   Natural Gas Plant
      Liquids

3.23

3.07

3.00

3.11

3.38

2.94

2.86

3.00

   Dry Natural Gas

25.90

24.61

24.06

24.97

27.29

23.68

23.06

24.15

   Coal

26.97

27.40

27.03

27.27

27.53

28.21

27.51

28.26

   Nuclear Power

5.45

5.45

5.41

5.45

4.56

4.56

4.51

4.55

   Renewable Energy¹

7.71

7.72

7.70

7.77

7.99

8.06

7.96

8.15

   Other²

0.61

0.59

0.55

0.74

0.66

0.63

0.52

0.66

       Total

81.28

79.64

77.36

81.16

82.98

79.04

75.98

81.05

Imports

   Crude Oil³

24.56

25.20

27.20

24.30

24.82

25.45

27.42

24.16

   Petroleum Products⁴

9.08

9.36

11.00

7.67

10.83

12.12

15.22

10.40

   Natural Gas

5.00

5.33

5.24

5.40

5.35

6.01

5.77

6.10

   Other Imports⁵

0.89

0.89

0.89

0.90

0.97

0.97

0.97

0.98

       Total

39.53

40.78

44.32

38.27

41.97

44.55

49.38

41.63

Exports

   Petroleum⁶

2.06

2.02

1.70

2.18

1.99

1.85

1.80

2.33

   Natural Gas

0.35

0.35

0.35

0.35

0.36

0.36

0.36

0.36

   Coal

1.63

1.74

1.69

1.64

1.50

1.49

1.49

1.49

       Total

4.04

4.11

3.75

4.18

3.85

3.70

3.65

4.18

Discrepancy⁷

0.09

0.08

0.18

-0.10

0.10

0.09

0.16

-0.04

Consumption

  Petroleum Products⁸

46.64

46.82

49.36

45.52

49.06

50.04

53.49

48.10

   Natural Gas

30.54

29.58

28.94

30.02

32.28

29.34

28.46

29.90

   Coal

25.99

26.31

25.98

26.27

26.74

27.43

26.73

27.49

   Nuclear Power

5.45

5.45

5.41

5.45

4.56

4.56

4.51

4.55

   Renewable Energy¹

7.73

7.74

7.72

7.78

8.01

8.07

7.98

8.16

   Other⁹

0.32

0.32

0.33

0.31

0.36

0.36

0.37

0.34

     Total

116.68

116.23

117.75

115.35

121.00

119.80

121.55

118.54

Net Imports - Petroleum

31.58

32.53

36.50

29.79

33.66

35.72

40.85

32.23

Prices (1998 dollars per unit)

 World Oil Price (dollars per bbl)¹⁰

21.53

21.53

14.90

27.86

22.04

22.04

14.90

28.04

 Gas Wellhead Price (dollars per Mcf)¹¹

2.68

3.13

2.95

3.24

2.79

4.12

3.60

4.40

 Coal Minemouth Price (dollars per ton)

13.41

13.63

13.40

13.68

12.57

12.71

12.21

12.81

 Average Electric Price (cents per Kwh)

5.87

6.06

6.00

6.11

5.83

6.33

6.20

6.45