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Posted May 23, 2017Today in Energy

Fuel economy improvements are projected to reduce future gasoline use ›

Anticipated changes in energy consumption by light-duty vehicles in the United States are based on two factors: the amount of travel and the fuel economy of the vehicles used. The Annual Energy Outlook 2017 (AEO2017) Reference case projects a decline in light-duty vehicle energy use between 2018 and 2040 as improvements in fuel economy more than offset increases in light-duty vehicle miles. More


Source: EIA, Annual Energy Outlook 2017

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Data Highlights

WTI crude oil futures price

5/22/2017: $50.73/barrels

up$1.88 from week earlier
up$2.98 from year earlier

Natural gas futures price

5/22/2017: $3.330/MMBtu

down$0.019 from week earlier
up$1.268 from year earlier

Retail gasoline price

5/22/2017: $2.399/gal

up$0.030 from week earlier
up$0.099 from year earlier

Retail diesel price

5/22/2017: $2.539/gal

down$0.005 from week earlier
up$0.182 from year earlier

Weekly coal production

5/13/2017: 13.490 million tons

up0.158 million tons from week earlier
up2.017 million tons from year earlier

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