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Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
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We encourage you to perform a real-time search of NLEBeta
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1

EIA - International Energy Outlook 2007-Low World Oil Price Projections  

Gasoline and Diesel Fuel Update (EIA)

Low World Oil Price Case Projections (1990-2030) Low World Oil Price Case Projections (1990-2030) International Energy Outlook 2007 Low World Oil Price Projections Tables (1990-2030) Formats Table Data Titles (1 to 12 complete) Low World Oil Price Projections Tables. Need help, contact the National Energy Information Center at 202-586-8800. Low World Oil Price Projections Tables. Need help, contact the National Energy Information Center at 202-586-8800. Table E1 World Total Energy Consumption by Region, Low World Oil Price Case Table E1. World Total Energy Consumption by Region. Need help, contact the National Energy Information Center at 202-586-8800. Table E2 World Total Energy Consumption by Region and Fuel, Low World Oil Price Case Table E2. World Total Energy Consumption by Region and Fuel. Need help, contact the National Energy Information Center at 202-586-8800.

2

EIA-Annual Energy Outlook 2010 - Low Oil PriceTables  

Gasoline and Diesel Fuel Update (EIA)

Oil Price Tables (2007-2035) Oil Price Tables (2007-2035) Annual Energy Outlook 2010 Main Low Oil Price Tables (2007- 2035) Table Title Formats Summary Low Oil Price Case Tables PDF Gif Year-by-Year Low Oil Price Case Tables Excel Gif Table 1. Total Energy Supply and Disposition Summary Excel Gif Table 2. Energy Consumption by Sector and Source Excel Gif Table 3. Energy Prices by Sector and Source Excel Gif Table 4. Residential Sector Key Indicators and Consumption Excel Gif Table 5. Commercial Sector Indicators and Consumption Excel Gif Table 6. Industrial Sector Key Indicators and Consumption Excel Gif Table 7. Transportation Sector Key Indicators and Delivered Energy Consumption Excel Gif Table 8. Electricity Supply, Disposition, Prices, and Emissions Excel Gif Table 9. Electricity Generating Capacity

3

Crude Oil, Heating Oil, and Propane Market Outlook  

Gasoline and Diesel Fuel Update (EIA)

Oil, Heating Oil, and Propane Market Outlook Oil, Heating Oil, and Propane Market Outlook 8/13/01 Click here to start Table of Contents Crude Oil, Heating Oil, and Propane Market Outlook Short-Term World Oil Price Forecast Price Movements Related to Supply/Demand Balance OPEC Production Likely To Remain Low U.S. Reflects World Market Crude Oil Outlook Conclusions Distillate Prices Increase With Crude Oil Distillate Stocks on the East Coast Were Very Low Entering Last Winter Distillate Demand Strong Last Winter More Supply Possible This Fall than Forecast Distillate Fuel Oil Imports Could Be Available - For A Price Distillate Supply/Demand Balance Reflected in Spreads Distillate Stocks Expected to Remain Low Winter Crude Oil and Distillate Price Outlook Heating Oil Outlook Conclusion Propane Prices Follow Crude Oil

4

International Energy Outlook 2006 - World Oil Markets  

Gasoline and Diesel Fuel Update (EIA)

Oil Markets Oil Markets International Energy Outlook 2006 Chapter 3: World Oil Markets In the IEO2006 reference case, world oil demand increases by 47 percent from 2003 to 2030. Non-OECD Asia, including China and India, accounts for 43 percent of the increase. In the IEO2006 reference case, world oil demand grows from 80 million barrels per day in 2003 to 98 million barrels per day in 2015 and 118 million barrels per day in 2030. Demand increases strongly despite world oil prices that are 35 percent higher in 2025 than in last year’s outlook. Much of the growth in oil consumption is projected for the nations of non-OECD Asia, where strong economic growth is expected. Non-OECD Asia (including China and India) accounts for 43 percent of the total increase in world oil use over the projection period.

5

EIA - Annual Energy Outlook 2008 (Early Release)- Energy Prices Section  

Gasoline and Diesel Fuel Update (EIA)

Prices Prices Annual Energy Outlook 2008 (Early Release) Energy Prices EIA has raised the reference case path for world oil prices in AEO2008 (although the upward adjustment is smaller than the last major adjustment, introduced in AEO2006). In developing its current oil price outlook, EIA explicitly considered four factors: (1) expected growth in world liquids consumption; (2) the outlook for conventional oil production in countries outside the Organization of the Petroleum Exporting Countries (non-OPEC producers); (3) growth in unconventional liquids production; and (4) OPEC behavior. Global economic growth has been strong over the past few years, despite high oil prices; and it now appears that, in the mid-term, the cost of non-OPEC conventional oil and unconventional liquids will be higher than previously assumed. As a result, in the AEO2008 reference case, OPEC and non-OPEC production volumes and total world liquids production are similar to those in the AEO2007 reference case, but the oil prices are higher.4

6

International Energy Outlook - World Oil Markets  

Gasoline and Diesel Fuel Update (EIA)

World Oil Markets World Oil Markets International Energy Outlook 2004 World Oil Markets In the IEO2004 forecast, OPEC export volumes are expected to more than double while non-OPEC suppliers maintain their edge over OPEC in overall production. Prices are projected to rise gradually through 2025 as the oil resource base is further developed. Throughout most of 2003, crude oil prices remained near the top of the range preferred by producers in the Organization of Petroleum Exporting Countries (OPEC), $22 to $28 per barrel for the OPEC “basket price.” OPEC producers continued to demonstrate disciplined adherence to announced cutbacks in production. Throughout 2003, the upward turn in crude oil prices was brought about by a combination of three factors. First, a general strike against the Chavez regime resulted in a sudden loss of much of Venezuela’s oil exports. Although the other OPEC producers agreed to increase their production capacities to make up for the lost Venezuelan output, the obvious strain on worldwide spare capacity kept prices high. Second, price volatility was exacerbated by internal conflict in Nigeria. Third, prospects for a return to normalcy in the Iraqi oil sector remained uncertain as residual post-war turmoil continued in Iraq.

7

Understanding Crude Oil Prices  

E-Print Network (OSTI)

2004. OPECs Optimal Crude Oil Price, Energy Policy 32(2),percent change in real oil price. Figure 3. Price of crude023 Understanding Crude Oil Prices James D. Hamilton June

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

8

Understanding Crude Oil Prices  

E-Print Network (OSTI)

2004. OPECs Optimal Crude Oil Price, Energy Policy 32(2),percent change in real oil price. Figure 3. Price of crudein predicting quarterly real oil price change. variable real

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

9

Oil and Gas Outlook  

NLE Websites -- All DOE Office Websites (Extended Search)

Gas Outlook For Independent Petroleum Association of America November 13, 2014 | Palm Beach, FL By Adam Sieminski, Administrator U.S. Energy Information Administration Recent...

10

Understanding Crude Oil Prices  

E-Print Network (OSTI)

2004. OPECs Optimal Crude Oil Price, Energy Policy 32(2),023 Understanding Crude Oil Prices James D. Hamilton Junedirectly. Understanding Crude Oil Prices* James D. Hamilton

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

11

Review of EIA Oil Production Outlooks  

NLE Websites -- All DOE Office Websites (Extended Search)

Review of EIA oil production outlooks For 2014 EIA Energy Conference July 15, 2014 | Washington, DC By Samuel Gorgen, Upstream Analyst Overview Gorgen, Tight Oil Production Trends...

12

Natural Gas Spot Price Outlook  

Gasoline and Diesel Fuel Update (EIA)

7 of 17 7 of 17 Notes: Despite signs that domestic natural gas production has begun to turn around (the Texas Railroad Commission now reports year-to-date (through Sep.) gains in Texas gas production of 1.2 percent, compared to a 4.7-percent decline for the same months in 1999 versus 1998) the reality of the U.S. gas market is that supply responses have been too little, too late to prevent record-high spot prices and prospects for very high average prices this winter. We now expect to see peak monthly spot wellhead prices this winter of over $6.00 per thousand cubic feet (mcf) (December). Last month we maintained confidence that conditions would improve enough to keep the $5.10 per mcf recorded in October as the peak for this heating season. With partial data available, a monthly average value of about $5.60 per mcf looks likely for

13

Residential heating oil price  

Annual Energy Outlook 2012 (EIA)

heating oil price decreases The average retail price for home heating oil fell 6.3 cents from a week ago to 2.91 per gallon. That's down 1.10 from a year ago, based on the...

14

Residential heating oil price  

U.S. Energy Information Administration (EIA) Indexed Site

heating oil price decreases The average retail price for home heating oil fell 7.5 cents from a week ago to 2.84 per gallon. That's down 1.22 from a year ago, based on the...

15

Residential heating oil price  

NLE Websites -- All DOE Office Websites (Extended Search)

heating oil price decreases The average retail price for home heating oil fell 7.6 cents from a week ago to 2.97 per gallon. That's down 1.05 from a year ago, based on the...

16

Residential heating oil price  

NLE Websites -- All DOE Office Websites (Extended Search)

heating oil price decreases The average retail price for home heating oil fell 3.6 cents from a week ago to 3.04 per gallon. That's down 99.4 cents from a year ago, based on the...

17

Steadying of oil prices  

Science Journals Connector (OSTI)

Oil prices have fallen below the 30 dollar mark ... in the lower half of OPECs target price band. Will OPEC manage to maintain high prices and revenues by restricting production?

Klaus Matthies

18

Retail Heating Oil and Diesel Fuel Prices  

Gasoline and Diesel Fuel Update (EIA)

Because of the higher projected crude oil prices and because of Because of the higher projected crude oil prices and because of increased tightening in the Northeast heating oil market since the last Outlook, we now expect prices this winter for residential heating oil deliveries to peak at $1.52 per gallon in January. This is significantly above the monthly peak reached last winter. Because these figures are monthly averages, we expect some price movements for a few days to be above the values shown on the graph. This winter's expected peak price would be the highest on record in nominal terms, eclipsing the high set in February 2000. However, in real (constant dollar) terms, both of these prices remain well below the peak reached in March 1981, when the average residential heating oil price was $1.29 per gallon, equivalent to over $2.50 per gallon today.

19

Microsoft Word - high-oil-price.doc  

Gasoline and Diesel Fuel Update (EIA)

Short Term Energy Outlook Short Term Energy Outlook 1 STEO Supplement: Why are oil prices so high? During most of the 1990s, the West Texas Intermediate (WTI) crude oil price averaged close to $20 per barrel, before plunging to almost $10 per barrel in late 1998 as a result of the Asian financial crisis slowing demand growth while extra supply from Iraq was entering the market for the first time since the Gulf War. Subsequently, as Organization of Petroleum Exporting Countries (OPEC) producers more closely adhered to a coordinated production quota and reduced output, crude oil prices not only recovered, but increased to about $30 per barrel as demand grew as Asian economies recovered. The most recent increase in crude oil prices began in 2004, when they almost doubled from 2003 levels, rising from about $30 per barrel at the end

20

Retail Heating Oil and Diesel Fuel Prices  

Gasoline and Diesel Fuel Update (EIA)

9 9 Notes: Because of the higher projected crude oil prices and because of increased tightening in the Northeast heating oil market since the last Outlook, we now expect prices this winter for residential heating oil deliveries to peak at about $1.52 per gallon in January. This is significantly above the monthly peak reached last winter. Because these figures are monthly averages, we expect some price movements for a few days to be above the values shown on the graph. This winter's expected peak price would be the highest on record in nominal terms, eclipsing the high set in February 2000. However, in real (constant dollar) terms, both of these prices remain well below the peak reached in March 1981, when the average residential heating oil price was $1.29 per gallon, equivalent to over $2.50 per gallon today.

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


21

Crude Oil Prices  

Annual Energy Outlook 2012 (EIA)

Information AdministrationPetroleum Marketing Annual 2001 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

22

Crude Oil Prices  

U.S. Energy Information Administration (EIA) Indexed Site

Information AdministrationPetroleum Marketing Annual 2002 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

23

Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

Information AdministrationPetroleum Marketing Annual 2000 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

24

Crude Oil Prices  

Annual Energy Outlook 2012 (EIA)

Information AdministrationPetroleum Marketing Annual 1999 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

25

Crude Oil Prices  

U.S. Energy Information Administration (EIA) Indexed Site

Information AdministrationPetroleum Marketing Annual 1998 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

26

Residential Heating Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

This chart highlights residential heating oil prices for the current and This chart highlights residential heating oil prices for the current and past heating season. As you can see, prices have started the heating season, about 40 to 50 cents per gallon higher than last year at this time. The data presented are from EIA's State Heating Oil and Propane Program. We normally collect and publish this data twice a month, but given the low stocks and high prices, we started tracking the prices weekly. These data will also be used to determine the price trigger mechanism for the Northeast Heating Oil Reserve. The data are published at a State and regional level on our web site. The slide is to give you some perspective of what is happening in these markets, since you probably will get a number of calls from local residents about their heating fuels bills

27

Soviet Union oil sector outlook grows bleaker still  

SciTech Connect

This paper reports on the outlook for the U.S.S.R's oil sector which grows increasingly bleak and with it prospects for the Soviet economy. Plunging Soviet oil production and exports have analysts revising near term oil price outlooks, referring to the Soviet oil sector's self-destructing and Soviet oil production in a freefall. County NatWest, Washington, citing likely drops in Soviet oil production and exports (OGJ, Aug. 5, p. 16), has jumped its projected second half spot price for West Texas intermediate crude by about $2 to $22-23/bbl. Smith Barney, New York, forecasts WTI postings at $24-25/bbl this winter, largely because of seasonally strong world oil demand and the continued collapse in Soviet oil production. It estimates the call on oil from the Organization of Petroleum Exporting Countries at more than 25 million b/d in first quarter 1992. That would be the highest level of demand for OPEC oil since 1980, Smith Barney noted.

Not Available

1991-08-12T23:59:59.000Z

28

International Energy Outlook 1999 - World Oil Markets  

Gasoline and Diesel Fuel Update (EIA)

oil.gif (4669 bytes) oil.gif (4669 bytes) A moderate view of future oil market developments is reflected in IEO99. Sustained high levels of oil prices are not expected, whereas continued expansion of the oil resource base is anticipated. The crude oil market was wracked with turbulence during 1998, as prices fell by one-third on average from 1997 levels. Even without adjusting for inflation, the world oil price in 1998 was the lowest since 1973. The declining oil prices were influenced by an unexpected slowdown in the growth of energy demand worldwide—less than any year since 1990—and by increases in oil supply, particularly in 1997. Although the increase in world oil production in 1998 was smaller than in any year since 1993, efforts to bolster prices by imposing further limits on production were

29

Oil Price Volatility  

U.S. Energy Information Administration (EIA) Indexed Site

Speculation and Oil Price Volatility Speculation and Oil Price Volatility Robert J. Weiner Robert J. Weiner Professor of International Business, Public Policy & Professor of International Business, Public Policy & Public Administration, and International Affairs Public Administration, and International Affairs George Washington University; George Washington University; Membre Associ Membre Associ é é , GREEN, Universit , GREEN, Universit é é Laval Laval EIA Annual Conference Washington Washington 7 April 2009 7 April 2009 1 FACTORS DRIVNG OIL PRICE VOLATILITY FACTORS DRIVNG OIL PRICE VOLATILITY ► ► Market fundamentals Market fundamentals . . Fluctuations in supply, Fluctuations in supply, demand, and market power demand, and market power Some fundamentals related to expectations of Some fundamentals related to expectations of

30

Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

20.86 20.67 20.47 20.24 20.32 19.57 See footnotes at end of table. 21. Domestic Crude Oil First Purchase Prices Energy Information Administration Petroleum Marketing Annual...

31

Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

19.11 18.73 18.63 17.97 18.75 18.10 See footnotes at end of table. 21. Domestic Crude Oil First Purchase Prices Energy Information Administration Petroleum Marketing Annual...

32

International Energy Outlook 2001 - World Oil Markets  

Gasoline and Diesel Fuel Update (EIA)

World Oil Markets World Oil Markets picture of a printer Printer Friendly Version (PDF) In the IEO2001 forecast, periodic production adjustments by OPEC members are not expected to have a significant long-term impact on world oil markets. Prices are projected to rise gradually through 2020 as the oil resource base is expanded. Crude oil prices remained above $25 per barrel in nominal terms for most of 2000 and have been near $30 per barrel in the early months of 2001. Prices were influenced by the disciplined adherence to announced cutbacks in production by members of the Organization of Petroleum Exporting Countries (OPEC). OPEC’s successful market management strategy was an attempt to avoid a repeat of the ultra-low oil price environment of 1998 and early 1999. Three additional factors contributed to the resiliency of oil prices in

33

Retail Heating Oil and Diesel Fuel Prices  

Gasoline and Diesel Fuel Update (EIA)

7 7 Notes: Because of the higher projected crude oil prices and because of increased tightening in the Northeast heating oil market since the last Outlook, we have raised expected peak prices this winter for residential heating oil deliveries to $1.55 per gallon (January) compared to $1.43 per gallon in last month's projections. This is significantly above the monthly peak reached last winter. Because these figures are monthly averages, we expect some price movements for a few days to be above the values shown on the graph. Primary distillate inventories in the United States failed to rise significantly in November despite some speculation that previous distributions into secondary and tertiary storage would back up burgeoning production and import volumes into primary storage that month. Average

34

The U.S. Oil and Natural Gas Production Outlook  

Gasoline and Diesel Fuel Update (EIA)

Oil and Natural Gas Production Outlook for PRG Energy Outlook Conference September 22, 2014 by Adam Sieminski, Administrator 0 20 40 60 80 100 120 1980 1985 1990 1995 2000 2005...

35

Demand and Price Outlook for Phase 2 Reformulated Gasoline, 2000  

Gasoline and Diesel Fuel Update (EIA)

Demand and Price Outlook for Demand and Price Outlook for Phase 2 Reformulated Gasoline, 2000 Tancred Lidderdale and Aileen Bohn (1) Contents * Summary * Introduction * Reformulated Gasoline Demand * Oxygenate Demand * Logistics o Interstate Movements and Storage o Local Distribution o Phase 2 RFG Logistics o Possible Opt-Ins to the RFG Program o State Low Sulfur, Low RVP Gasoline Initiatives o NAAQS o Tier 2 Gasoline * RFG Production Options o Toxic Air Pollutants (TAP) Reduction o Nitrogen Oxides (NOx) Reduction o Volatile Organic Compounds (VOC) Reduction o Summary of RFG Production Options * Costs of Reformulated Gasoline o Phase 1 RFG Price Premium o California Clean Gasoline Price Premium o Phase 2 RFG Price Premium o Reduced Fuel Economy

36

Regional Residential Heating Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

One of the first places where consumers are feeling the impact of One of the first places where consumers are feeling the impact of this winter's market pressures is in home heating oil prices. This chart shows prices through February 28, the most recent EIA data available. The general level of heating oil prices each year is largely a function of crude oil prices, and the price range over the course of the heating season is typically about 10 cents per gallon. Exceptions occur in unusual circumstances, such as very cold weather, large changes in crude oil prices, or supply problems. Heating oil prices for East Coast consumers started this winter at just over $1 per gallon, but rising crude oil prices drove them up nearly 21 cents through mid-January. With the continuing upward pressure from crude oil markets, magnified by a regional shortfall of heating oil

37

Residential heating oil prices decrease  

U.S. Energy Information Administration (EIA) Indexed Site

heating oil prices decrease The average retail price for home heating oil fell 1.7 cents from a week ago to 4.02 per gallon. That's up 1.7 cents from a year ago, based on the...

38

Residential heating oil price decreases  

Annual Energy Outlook 2012 (EIA)

heating oil price decreases The average retail price for home heating oil fell 7.8 cents from a week ago to 3.14 per gallon. That's down 81.1 cents from a year ago, based on the...

39

Residential heating oil price decreases  

Annual Energy Outlook 2012 (EIA)

heating oil price decreases The average retail price for home heating oil fell 10.5 cents from a week ago to 3.22 per gallon. That's down 73.6 cents from a year ago, based on the...

40

Residential heating oil price decreases  

Gasoline and Diesel Fuel Update (EIA)

heating oil price decreases The average retail price for home heating oil fell 1.8 cents from a week ago to 2.82 per gallon. That's down 1.36 from a year ago, based on the...

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


41

Residential heating oil prices decline  

Annual Energy Outlook 2012 (EIA)

heating oil price decreases The average retail price for home heating oil fell 2 cents from a week ago to 3.36 per gallon. That's down 52.5 cents from a year ago, based on the...

42

Residential heating oil prices increase  

U.S. Energy Information Administration (EIA) Indexed Site

heating oil prices increase The average retail price for home heating oil rose 3.9 cents last week to 3.96 per gallon. That's down 2.6 cents from a year ago, based on the...

43

Residential heating oil price decreases  

NLE Websites -- All DOE Office Websites (Extended Search)

05, 2014 Residential heating oil price decreases The average retail price for home heating oil fell 1.9 cents from a week ago to 3.43 per gallon. That's down 39 cents from a year...

44

Residential heating oil price decreases  

U.S. Energy Information Administration (EIA) Indexed Site

4 Residential heating oil price decreases The average retail price for home heating oil fell 1.6 cents from a week ago to 3.42 per gallon. That's down 39.5 cents from a year ago,...

45

Residential heating oil prices decrease  

Annual Energy Outlook 2012 (EIA)

heating oil price decreases The average retail price for home heating oil fell 2.9 cents from a week ago to 3.45 per gallon. That's down 36.6 cents from a year ago, based on the...

46

Residential heating oil prices decline  

U.S. Energy Information Administration (EIA) Indexed Site

heating oil price decreases The average retail price for home heating oil fell 3.3 cents from a week ago to 3.38 per gallon. That's down 43.9 cents from a year ago, based on the...

47

Residential heating oil prices increase  

U.S. Energy Information Administration (EIA) Indexed Site

5, 2014 Residential heating oil prices increase The average retail price for home heating oil rose 6.5 cents from a week ago to 4.24 per gallon. That's up 14.9 cents from a year...

48

Residential heating oil price decreases  

NLE Websites -- All DOE Office Websites (Extended Search)

6, 2014 Residential heating oil price decreases The average retail price for home heating oil rose 1.6 cents from a week ago to 4.24 per gallon. That's up 8.9 cents from a year...

49

Residential heating oil prices decline  

Annual Energy Outlook 2012 (EIA)

heating oil price decreases The average retail price for home heating oil fell 6.3 cents from a week ago to 3.08 per gallon. That's down 90.3 cents from a year ago, based on the...

50

Residential heating oil price decreases  

U.S. Energy Information Administration (EIA) Indexed Site

heating oil price decreases The average retail price for home heating oil fell 3.8 cents from a week ago to 3.33 per gallon. That's down 59.1 cents from a year ago, based on the...

51

Residential heating oil prices increase  

U.S. Energy Information Administration (EIA) Indexed Site

heating oil prices increase The average retail price for home heating oil rose 5.4 cents from a week ago to 4.04 per gallon. That's up 4.9 cents from a year ago, based on the...

52

Residential heating oil prices increase  

U.S. Energy Information Administration (EIA) Indexed Site

heating oil prices increase The average retail price for home heating oil rose 2.9 cents from a week ago to 3.98 per gallon. That's up 6-tenths of a penny from a year ago, based...

53

Residential heating oil prices increase  

U.S. Energy Information Administration (EIA) Indexed Site

3, 2014 Residential heating oil prices increase The average retail price for home heating oil rose 4.4 cents from a week ago to 4.06 per gallon. That's up 4.1 cents from a year...

54

Residential heating oil prices decline  

U.S. Energy Information Administration (EIA) Indexed Site

heating oil prices decline The average retail price for home heating oil is 3.48 per gallon. That's down 4.5 cents from a week ago, based on the residential heating fuel survey by...

55

Residential heating oil prices decrease  

U.S. Energy Information Administration (EIA) Indexed Site

5, 2014 Residential heating oil prices decrease The average retail price for home heating oil fell 1.8 cents from a week ago to 4.00 per gallon. That's down 2-tenths of a cent...

56

Residential heating oil prices increase  

U.S. Energy Information Administration (EIA) Indexed Site

heating oil prices increase The average retail price for home heating oil rose 12 cents from a week ago to 4.18 per gallon. That's up 13 cents from a year ago, based on the...

57

Retail Diesel Fuel Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

Along with heating oil prices, the distillate supply squeeze has Along with heating oil prices, the distillate supply squeeze has severely impacted diesel fuel prices, especially in the Northeast. Diesel fuel is bascially the same product as home heating oil. The primary difference is that diesel has a lower sulfur content. When heating oil is in short supply, low sulfur diesel fuel can be diverted to heating oil supply. Thus, diesel fuel prices rise with heating heating oil prices. Retail diesel fuel prices nationally, along with those of most other petroleum prices, increased steadily through most of 1999. But prices in the Northeast jumped dramatically in the third week of January. Diesel fuel prices in New England rose nearly 68 cents per gallon, or 47 percent, between January 17 and February 7. While EIA does not have

58

Regional Residential Heating Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

Slide 2 of 11 Notes: One of the first places where consumers are feeling the impact of this winter’s market pressures is in home heating oil prices. This chart shows prices through February 7, the most recent EIA data available. The general level of heating oil prices each year is largely a function of crude oil prices, and the price range over the course of the heating season is typically about 10 cents per gallon. Exceptions occur in unusual circumstances, such as very cold weather, large changes in crude oil prices, or supply problems. Heating oil prices for East Coast consumers started this winter at just over $1 per gallon, but rising crude oil prices drove them up nearly 21 cents per gallon through mid-January. With the continuing upward pressure from crude oil markets, magnified by a regional shortfall of

59

Demand, Supply, and Price Outlook for Reformulated Motor Gasoline 1995  

Gasoline and Diesel Fuel Update (EIA)

Demand, Supply, and Price Outlook for Reformulated Demand, Supply, and Price Outlook for Reformulated Motor Gasoline 1995 by Tancred Lidderdale* Provisions of the Clean Air Act Amendments of 1990 designed to reduce ground-level ozone will increase the demand for reformulated motor gaso- line in a number of U.S. metropolitan areas. Refor- mulated motor gasoline is expected to constitute about one-third of total motor gasoline demand in 1995, and refiners will have to change plant opera- tions and modify equipment in order to meet the higher demand. The costs incurred are expected to create a wholesale price premium for reformu- lated motor gasoline of up to 4.0 cents per gallon over the price of conventional motor gasoline. This article discusses the effects of the new regulations on the motor gasoline market and the refining

60

U.S. Crude Oil Inventory Outlook  

Gasoline and Diesel Fuel Update (EIA)

9 9 Notes: Consistent with OECD inventories, U.S. inventories are low. They have been well below the normal range for over one year. Crude oil stocks in the United States, while tending to increase of late toward more normal levels, remain well below average. At the end of December, crude oil stocks were near 289 million barrels, about 4% below the 5-year average, and slightly higher than at the end of 1999. The latest weekly data, for the week ending January 19, show U.S. crude oil stocks at 286 million barrels, just about a million barrels above their level a year ago. Near-term tightness in U.S. crude oil markets have kept current prices above forward prices, reflecting current strength in crude oil demand relative to supply. Relatively strong U.S. oil demand next year should keep crude oil

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


61

Retail Diesel Fuel Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

Along with heating oil prices, the distillate supply squeeze has Along with heating oil prices, the distillate supply squeeze has severely impacted diesel fuel prices, especially in the Northeast. Retail diesel price data are available sooner than residential heating oil data. This graph shows that diesel prices turned the corner sometime after February 7 and are heading down. Retail diesel fuel prices nationally, along with those of most other petroleum prices, increased steadily through most of 1999. Prices jumped dramatically (by over 11 cents per gallon) in the third week of January, and rose 2 or more cents a week through February 7. The increases were much more rapid in the Northeast. From January 17 through February 7, diesel fuel prices in New England rose nearly 68 cents per gallon, or 47 percent. Prices in the Mid-Atlantic region rose about 58

62

Oil Prices and Long-Run Risk.  

E-Print Network (OSTI)

??I show that relative levels of aggregate consumption and personal oil consumption provide anexcellent proxy for oil prices, and that high oil prices predict low (more)

READY, ROBERT

2011-01-01T23:59:59.000Z

63

NASEO Energy Outlook Conference  

Gasoline and Diesel Fuel Update (EIA)

NASEO Energy Outlook Conference NASEO Energy Outlook Conference 2/26/01 Click here to start Table of Contents NASEO Energy Outlook Conference Retail Product Prices Are Driven By Crude Oil WTI Crude Oil Price: Base Case and 95% Confidence Interval OPEC Crude Oil Production 1998-2001 Annual World Oil Demand Growth by Region, 1991-2001 Total OECD Oil Stocks* Fundamentals Explain High Crude Oil Prices Product Price Spreads Over Crude Oil Vary With Seasons and Supply/Demand Balance U.S. Distillate Inventories Distillate Stocks Are Important Part of East Coast Winter Supply Both Distillate Supply and Demand Reached Extraordinary Levels This Winter Heating Oil Imports Strong in 2001 Retail Heating Oil and Diesel Fuel Prices Consumer Winter Heating Oil Costs Propane prices Influenced by Crude Oil and Natural Gas

64

Outlook for enhanced oil recovery  

SciTech Connect

This paper reviews the potential for enhanced oil recovery, the evolutionary nature of the recovery processes being applied in oilfields today, key parameters that describe the technology state-of-the-art for each of the major oil recovery processes, and the nature and key outputs from the current Department of Energy research program on enhanced oil recovery. From this overview, it will be seen that the DOE program is focused on the analysis of ongoing tests and on long-range, basic research to support a more thorough understanding of process performance. Data from the program will be made available through reports, symposia, and on-line computer access; the outputs are designed to allow an independent producer to evaluate his own project as an effort to transfer rapidly the technology now being developed.

Johnson, H.R.

1982-01-01T23:59:59.000Z

65

Energy Information Administration (EIA) - High World Oil Price Case  

Gasoline and Diesel Fuel Update (EIA)

High World Oil Price Case Projections Tables (1990-2030) High World Oil Price Case Projections Tables (1990-2030) International Energy Outlook 2007 High World Oil Price Case Projections Tables (1990-2030) Formats Data Table Titles (1 to 12 complete) High World Oil Price Case Projections Tables. Need help, contact the National Energy Information Center at 202-586-8800. High World Oil Price Case Tables. Need help, contact the National Energy Information Center at 202-586-8800. Table D1 World Total Primary Energy Consumption by Region Table D1. World Total Primary Energy Consumption by Region. Need help, contact the National Energy Information Center at 202-586-8800. Table D2 World Total Energy Consumption by Region and Fuel Table D2. World total Energy Consumption by Region and Fuel. Need help, contact the National Energy Information Center at 202-586-8800.

66

Residential heating oil prices available  

NLE Websites -- All DOE Office Websites (Extended Search)

ago, based on the U.S. Energy Information Administration's weekly residential heating fuel price survey. Heating oil prices in the New England region are at 3.48 per gallon,...

67

Annual Energy Outlook 2007 - Low Price Case Tables  

Gasoline and Diesel Fuel Update (EIA)

4-2030) 4-2030) Annual Energy Outlook 2007 with Projections to 2030 MS Excel Viewer Spreadsheets are provided in Excel Low Price Case Tables (2004-2030) Table Title Formats Summary Low Price Case Tables Low Price Case Tables Table 1. Total Energy Supply and Disposition Summary Table 2. Energy Consumption by Sector and Source Table 3. Energy Prices by Sector and Source Table 4. Residential Sector Key Indicators and Consumption Table 5. Commercial Sector Indicators and Consumption Table 6. Industrial Sector Key Indicators and Consumption Table 7. Transportation Sector Key Indicators and Delivered Energy Consumption Table 8. Electricity Supply, Disposition, Prices, and Emissions Table 9. Electricity Generating Capacity Table 10. Electricity Trade Table 11. Petroleum Supply and Disposition Balance

68

Annual Energy Outlook 2009 - High Price Case Tables  

Gasoline and Diesel Fuel Update (EIA)

6-2030) 6-2030) Annual Energy Outlook 2009 with Projections to 2030 XLS GIF Spreadsheets are provided in Excel High Price Case Tables (2006-2030) Table Title Formats Summary High Price Case Tables PDF GIF High Price Case Tables XLS GIF Table 1. Total Energy Supply and Disposition Summary XLS GIF Table 2. Energy Consumption by Sector and Source XLS GIF Table 3. Energy Prices by Sector and Source XLS GIF Table 4. Residential Sector Key Indicators and Consumption XLS GIF Table 5. Commercial Sector Indicators and Consumption XLS GIF Table 6. Industrial Sector Key Indicators and Consumption XLS GIF Table 7. Transportation Sector Key Indicators and Delivered Energy Consumption XLS GIF Table 8. Electricity Supply, Disposition, Prices, and Emissions XLS GIF Table 9. Electricity Generating Capacity

69

Winter Residential Heating Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

7 7 Notes: Residential heating oil prices reflect a similar pattern to that shown in spot prices. However, like other retail petroleum prices, they tend to lag changes in wholesale prices in both directions, with the result that they don't rise as rapidly or as much, but they take longer to recede. This chart shows the residential heating oil prices collected under the State Heating Oil and Propane Program (SHOPP), which only runs during the heating season, from October through March. The spike in New York Harbor spot prices last winter carried through to residential prices throughout New England and the Central Atlantic states. Though the spike actually lasted only a few weeks, residential prices ended the heating season well above where they had started.

70

Oil Prices and Terms of Trade.  

E-Print Network (OSTI)

?? One of the central issues in international macroeconomics is relative price movements and their sources. One such price is the price of crude oil. (more)

Mirfacihi, Azar

2006-01-01T23:59:59.000Z

71

Linking Oil Prices, Gas Prices, Economy, Transport, and Land Use  

E-Print Network (OSTI)

Linking Oil Prices, Gas Prices, Economy, Transport, and Land Use A Review of Empirical Findings Hongwei Dong, Ph.D. Candidate John D. Hunt, Professor John Gliebe, Assistant Professor #12;Framework Oil-run Short and Long-run #12;Topics covered by this presentation: Oil price and macro-economy Gas price

Bertini, Robert L.

72

Supply, Demand, and Export Outlook for North American Oil and...  

Gasoline and Diesel Fuel Update (EIA)

Supply, Demand, and Export Outlook for North American Oil and Gas For Energy Infrastructure Summit September 15, 2014 | Houston, TX By Adam Sieminski, EIA Administrator 0 20 40 60...

73

Figure 4. World Oil Prices  

U.S. Energy Information Administration (EIA) Indexed Site

4. World Oil Prices" " (2007 dollars per barrel)" ,2007,2008,2009,2010,2011,2012,2013,2014,2015,2016,2017,2018,2019,2020,2021,2022,2023,2024,2025,2026,2027,2028,2029,2030...

74

Mexicos Deteriorating Oil Outlook: Implications and Energy Options for the Future  

E-Print Network (OSTI)

No. 8: David Shields, Mexicos Deteriorating Oil Outlook:and Brazil, would help Mexicos oil industry become moreof California, Berkeley Mexicos Deteriorating Oil Outlook:

Shields, David

2008-01-01T23:59:59.000Z

75

Understanding Crude Oil Prices  

E-Print Network (OSTI)

2007. comparison, Mexico used 6.6 Chinese oil consumption17. Oil production from the North Sea, Mexicos Cantarell,Mexico, Italy, France, Canada, US, and UK. Figure 10. Historical Chinese oil

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

76

Understanding Crude Oil Prices  

E-Print Network (OSTI)

business of having some oil in inventory, which is referredKnowledge of all the oil going into inventory today for salebe empty, because inventories of oil are essential for the

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

77

Understanding Crude Oil Prices  

E-Print Network (OSTI)

and Income on Energy and Oil Demand, Energy Journal 23(1),2006. Chinas Growing Demand for Oil and Its Impact on U.S.in the supply or demand for oil itself could be regarded as

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

78

Understanding Crude Oil Prices  

E-Print Network (OSTI)

2007. comparison, Mexico used 6.6 Chinese oil consumption17. Oil production from the North Sea, Mexicos Cantarell,

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

79

Short-Term Energy Outlook September 2013  

U.S. Energy Information Administration (EIA) Indexed Site

September 2013 1 September 2013 Short-Term Energy Outlook (STEO) Highlights Monthly average crude oil prices increased for the fourth consecutive month in August 2013, as...

80

Summary Short-Term Petroleum and Natural Gas Outlook  

Gasoline and Diesel Fuel Update (EIA)

Short-Term Petroleum and Natural Gas Outlook Short-Term Petroleum and Natural Gas Outlook 1/12/01 Click here to start Table of Contents Summary Short-Term Petroleum. and Natural Gas Outlook WTI Crude Oil Price: Base Case and 95% Confidence Interval Real and Nominal Crude Oil Prices OPEC Crude Oil Production 1999-2001 Total OECD Oil Stocks* U.S. Crude Oil Inventory Outlook U.S. Distillate Inventory Outlook Distillate Stocks Are Important Part of East Coast Winter Supply Retail Heating Oil and Diesel Fuel Prices Consumer Winter Heating Costs U.S. Total Gasoline Inventory Outlook Retail Motor Gasoline Prices* U.S. Propane Total Stocks Average Weekly Propane Spot Prices Current Natural Gas Spot Prices: Well Above the Recent Price Range Natural Gas Spot Prices: Base Case and 95% Confidence Interval Working Gas in Storage (Percentage Difference fron Previous 5-Year Average)

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


81

Distillate and Spot Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

5 5 Notes: This slide shows the strong influence crude oil prices have on retail distillate prices. The price for distillate fuel oil tracks the crude price increases seen in 1996 and the subsequent fall in 1997 and 1998. Distillate prices have also followed crude oil prices up since the beginning of 1999. Actual data show heating oil prices on the East Coast in June at $1.20 per gallon, up 39 cents over last June. However, if heating oil prices are following diesel, they may be up another 5 cents in August. That would put heating oil prices about 40 cents over last August prices. Crude oil prices are only up about 25 cents in August over year ago levels. The extra 15 cents represents improved refiner margins due in part to the very low distillate inventory level.

82

Crude oil prices and petroleum inventories : remedies for a broken oil price forecasting model.  

E-Print Network (OSTI)

??The empirical relationship between crude oil prices and petroleum inventories has been exploited in a number of short-term oil price forecasting models. Some of the (more)

Grimstad, Dan

2007-01-01T23:59:59.000Z

83

US oil consumption, oil prices, and the macroeconomy  

Science Journals Connector (OSTI)

Since the oil price shock of 197374, researchers have waged ... national income. Studies examining the relationship between oil prices, oil consumption, and real output have produced remarkably ... to dramatical...

Ali F. Darrat; Otis W. Gilley; Don J. Meyer

1996-01-01T23:59:59.000Z

84

Lower oil prices also cutting winter heating oil and propane...  

NLE Websites -- All DOE Office Websites (Extended Search)

Lower oil prices also cutting winter heating oil and propane bills Lower oil prices are not only driving down gasoline costs, but U.S. consumers will also see a bigger savings in...

85

Understanding Crude Oil Prices  

E-Print Network (OSTI)

disruptions, and the peak in U.S. oil production account foroil increased 81.1% (logarithmically) between January 1979 and the peak

Hamilton, James Douglas

2008-01-01T23:59:59.000Z

86

Oil Price Trackers Inspired by Immune Memory William Wilson , Phil Birkin , and Uwe Aickelin  

E-Print Network (OSTI)

Analysis of oil price trends The price of WTI crude oil (a world marker price for oil price movements

Aickelin, Uwe

87

Oil prices and the financial crisis  

Science Journals Connector (OSTI)

This paper aims to explain crude oil price volatility and its relationship respect to some ... financial variables. Finding the main drivers of oil price dynamics is a crucial element for the ... existence of a l...

Cristina Bencivenga; Rita L. DEcclesia; Umberto Triulzi

2012-07-01T23:59:59.000Z

88

Residential heating oil prices virtually unchanged  

U.S. Energy Information Administration (EIA) Indexed Site

heating oil prices virtually unchanged The average retail price for home heating oil fell 4-tenths of a penny from a week ago to 3.95 per gallon. That's down 8-tenths of a penny...

89

Residential heating oil prices virtually unchanged  

U.S. Energy Information Administration (EIA) Indexed Site

4 Residential heating oil price decreases The average retail price for home heating oil fell 3.1 cents from a week ago to 4.20 per gallon. That's up 13.6 cents from a year ago,...

90

Residential heating oil prices virtually unchanged  

U.S. Energy Information Administration (EIA) Indexed Site

0, 2014 Residential heating oil price decreases The average retail price for home heating oil fell 1.9 cents from a week ago to 4.23 per gallon. That's up 5.1 cents from a year...

91

Residential heating oil prices virtually unchanged  

U.S. Energy Information Administration (EIA) Indexed Site

5, 2014 Residential heating oil price decreases The average retail price for home heating oil fell 1.6 cents from a week ago to 4.23 per gallon. That's up 14.9 cents from a year...

92

Residential heating oil prices virtually unchanged  

U.S. Energy Information Administration (EIA) Indexed Site

9, 2014 Residential heating oil price decreases The average retail price for home heating oil fell 7.2 cents from a week ago to 4.12 per gallon. That's up 9.4 cents from a year...

93

Residential heating oil prices virtually unchanged  

U.S. Energy Information Administration (EIA) Indexed Site

4 Residential heating oil prices virtually unchanged The average retail price for home heating oil rose 2-tenths of a cent from a week ago to 4.24 per gallon. That's up 8.2 cents...

94

First Factor Impacting Distillate Prices: Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

8 8 Notes: World oil prices have tripled from their low point in December 1998 to August this year, pulling product prices up as well. But crude prices are expected to show a gradual decline as increased oil production from OPEC and others enters the world oil market. We won't likely see much decline this year, however, as prices are expected to end the year at about $30 per barrel. The average price of WTI was almost $30 per barrel in March, but dropped to $26 in April as the market responded to the additional OPEC production. However, prices strengthened again, averaging almost $32 in June, $30 in July, and $31 in August. The continued increases in crude oil prices indicate buyers are having trouble finding crude oil, bidding higher prices to obtain the barrels available.

95

World oil prices expected to fall  

Science Journals Connector (OSTI)

World oil prices expected to fall ... The good news is that world oil prices probably will fall somewhat in the near future. ... The bad news is that oil prices probably will begin rising again in the mid-1980s, and even the optimists suspect that they will continue to do so thereafter. ...

1983-10-10T23:59:59.000Z

96

Oil Price and the Dollar Virginie Coudert  

E-Print Network (OSTI)

Oil Price and the Dollar Virginie Coudert , Val´erie Mignon , Alexis Penot§ 6th April 2005 Abstract The aim of this paper is to test whether a stable long-term relationship exists between oil prices and causality study between the two variables. Our results indicate that causality runs from oil prices

Boyer, Edmond

97

Declining oil prices boost chemical profits  

Science Journals Connector (OSTI)

Declining oil prices boost chemical profits ... As a consequence of the oil price drop, the composition of feedstocks to steam crackers, which are sources for major-volume olefins and many aromatics, is being changed. ... Where possible, more heavy feedstocks obtained from crude oilnaphthas and gas oilsare used in place of light hydrocarbons such as ethane. ...

1986-04-07T23:59:59.000Z

98

New York Home Heating Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

5 of 15 5 of 15 Notes: The severity of this spot price increase is causing dramatic changes in residential home heating oil prices, although residential price movements are usually a little slower and spread out over time compared to spot prices. Wholesale prices increased over 50 cents from January 17 to January 24, while retail increased 44 cents in New York. Diesel prices are showing a similar pattern to residential home heating oil prices, and are indicating that home heating oil prices may not have peaked yet, although spot prices are dropping. Diesel prices in New England and the Mid-Atlantic increased 30-40 cents January 24 over the prior week, and another 13-15 cents January 31. Spot prices plummeted January 31, closing at 82 cents per gallon, indicating the worst part of the crisis may be over, but it is still a

99

U.S. Residential Heating Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

5 5 Notes: One of the first places where consumers are feeling the impact of this winter’s market pressures is in home heating oil prices. This chart shows prices for the last four winters, with this year’s prices shown through January 24, the most recent EIA data available. The general level of heating oil prices each year is largely a function of crude oil prices, and the price range over the course of the heating season is typically about 10 cents per gallon. Exceptions occur in unusual circumstances, such as very cold weather, large changes in crude oil prices, or supply problems. Although heating oil prices for consumers started this winter at similar levels to those in 1997, they already rose nearly 20 cents per gallon through mid-January. With the continuing upward pressure from crude

100

Retail Heating Oil and Diesel Fuel Prices  

Gasoline and Diesel Fuel Update (EIA)

6 6 Notes: With the worst of the heating season (October-March) now behind us, we can be fairly confident that retail heating oil prices have seen their seasonal peak. Relatively mild weather and a softening of crude oil prices have helped ease heating oil prices. Spot heating oil prices recently reached their lowest levels in over six months. Because of relatively balmy weather in the Northeast in January and February, heating oil stock levels have stabilized. Furthermore, heating oil production has been unusually robust, running several hundred thousand barrels per day over last year's pace. Currently, EIA expects winter prices to average around $1.41, which is quite high in historical terms. The national average price in December 2000 was 44 cents per gallon above the December 1999 price. For February

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


101

Do increases in oil prices precede U.S. recessions?.  

E-Print Network (OSTI)

?? This thesis examines the relationship between oil prices and economic activity, and it attempts to address the question: do increases in oil prices (oil (more)

Suthijindawong, Thanyalak

2014-01-01T23:59:59.000Z

102

The effect of oil price shocks on the macroeconomy.  

E-Print Network (OSTI)

??The traditional view of oil price movements is that they represent exogenous changes in the supply of oil. In that case, oil price increases will (more)

Embergenov, Bakhitbay

2009-01-01T23:59:59.000Z

103

Spot Distillate & Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

5 5 Notes: Retail distillate prices follow the spot distillate markets, and crude oil prices have been the main driver behind distillate spot price increases until recently. Crude oil rose about 36 cents per gallon from its low point in mid February 1999 to the middle of January 2000. Over this same time period, New York Harbor spot heating oil had risen about 42 cents per gallon, reflecting both the crude price rise and a return to a more usual seasonal spread over the price of crude oil. The week ending January 21, heating oil spot prices in the Northeast spiked dramatically to record levels, closing on Friday at $1.26 per gallon -- up 50 cents from the prior week. Gulf Coast prices were not spiking, but were probably pulled slightly higher as the New York Harbor market began to

104

Petroleum Outlook:.More Volatility?  

Gasoline and Diesel Fuel Update (EIA)

Outlook: More Volatility? Outlook: More Volatility? 3/19/01 Click here to start Table of Contents Petroleum Outlook: More Volatility? Product Price Volatility-This Year and in the Future WTI Crude Oil Price: Potential for Volatility Around Base Case OPEC Crude Oil Production 1998-2001 Annual World Oil Demand Growth by Region, 1991-2001 Low Total OECD Oil Stocks* Keep Market Balance Tight Fundamentals Explain High Crude Oil Prices Product Price Spreads Over Crude Oil Reflect Product Market-Based Volatility U.S. Distillate Inventories Distillate Winter Demand Stronger Than Temperatures Would Imply High Production Offset Lack of Inventory High Production Came From High Yields & High Inputs High Margins Bring High Imports Gasoline Price Volatility Is a Concern This Summer Gasoline Volatility

105

Short Term Energy Outlook, January 2003  

NLE Websites -- All DOE Office Websites (Extended Search)

3 1 Short-Term Energy Outlook January 2003 Overview World Oil Markets. The oil market is vulnerable to a number of forces that could cause substantial price volatility over the...

106

OPEC agrees to lower oil prices, production  

Science Journals Connector (OSTI)

OPEC agrees to lower oil prices, production ... The attempt to stabilize prices and salvage some of OPEC's eroding control of the world oil market forced the cartel to make the first price cut in its history. ... U.S. government officials, predicting that the price ultimately would fall to between $25 and $27 per barrel from the new benchmark level of $29, said the new price would increase domestic production of goods and services 0.4% and cut consumer prices in the U.S. nearly 1.0%. ...

1983-03-21T23:59:59.000Z

107

Oil Prices, Volatility, and Shocks: A Survey  

Science Journals Connector (OSTI)

This paper surveys the literature on the economic effects of oil market developments. It assesses the economic theory behind oil price impacts and presents how the existing literature has analysed the link betwee...

Ulrich Oberndorfer

2014-01-01T23:59:59.000Z

108

Oil prices and the developing countries  

Science Journals Connector (OSTI)

Many of the present difficulties of the world economy have been blamed on the two oil-price explosions of the 1970s. Professor Chichilnisky shows ... , at least in the case of the oil-importing developing countri...

Graciela Chichilnisky

109

Production cuts to support oil prices  

Science Journals Connector (OSTI)

Most commodity quotations have continued to fall in recent months as a result of the weaker global economy. Crude oil prices, on the other hand, had been ... to fall. Is the success of the oil exporters' change i...

Klaus Matthies

110

Mexicos Deteriorating Oil Outlook: Implications and Energy Options for the Future  

E-Print Network (OSTI)

No. 8: David Shields, Mexicos Deteriorating Oil Outlook:years. Estimating oil reserves in Mexico has long been aof as yet unproven oil reserves in Mexicos part of the

Shields, David

2008-01-01T23:59:59.000Z

111

Rising Oil Prices Hit Chemical Industry  

Science Journals Connector (OSTI)

Rising Oil Prices Hit Chemical Industry ... Rising petroleum prices have dogged chemical makers for more than a year, and in the third quarter, the situation has only gotten worse. ... Although chemical makers had factored high feedstock costs into their planning, the recent sudden spikes in oil costs may have caught the industry off guard. ...

ALEX TULLO

2000-09-18T23:59:59.000Z

112

U.S. Crude Oil Inventory Outlook  

Gasoline and Diesel Fuel Update (EIA)

Like the rest of the OECD countries, US petroleum inventories are low and Like the rest of the OECD countries, US petroleum inventories are low and are not expected to recover to the normal range this winter. Preliminary data for the end of October indicate it may be the lowest level for crude oil stocks in the United States since weekly data began being collected in 1982, when crude oil inputs to refineries were about 3-4 million barrels per day less than today. U.S. crude oil stocks stood at about 283 million barrels on November 3, according to EIA's latest weekly survey. This puts them about 21 million barrels or 7% below the level seen at the same time last year. Current market conditions do suggest some improvement in the near term. Days supply of commercial crude oil stocks in the United States is estimated to have been 19 days in October, the lowest for that month since

113

Short-Term World Oil Price Forecast  

Gasoline and Diesel Fuel Update (EIA)

4 4 Notes: This graph shows monthly average spot West Texas Intermediate crude oil prices. Spot WTI crude oil prices peaked last fall as anticipated boosts to world supply from OPEC and other sources did not show up in actual stocks data. So where do we see crude oil prices going from here? Crude oil prices are expected to be about $28-$30 per barrel for the rest of this year, but note the uncertainty bands on this projection. They give an indication of how difficult it is to know what these prices are going to do. Also, EIA does not forecast volatility. This relatively flat forecast could be correct on average, with wide swings around the base line. Let's explore why we think prices will likely remain high, by looking at an important market barometer - inventories - which measures the

114

Are there really bubbles in oil prices?  

Science Journals Connector (OSTI)

Abstract The aim of this paper is to identify bubbles in oil prices by using the exponential fitting methodology proposed by Watanabe etal. (2007) [28,29]. We use the daily US dollar closing crude oil prices of West Texas Intermediate (WTI) covering the 1986:01:022013:07:09 and the Brent for the 1987:05:202013:07:09 periods. The distinguishing feature of this study from the previous studies is that this is the first study in the literature showing the existence of bubbles in crude oil prices. We found that there are four distinct periods of persistent bubbles in the crude oil prices since 1986. Two of these persistent bubbles are before 2000 and two of them are after 2000. We conclude that further research is needed to understand better how futures markets may impact the oil price formation.

Mehmet Balcilar; Zeynel Abidin Ozdemir; Hakan Yetkiner

2014-01-01T23:59:59.000Z

115

Crude Oil Prices Table 21. Domestic Crude Oil First Purchase...  

Annual Energy Outlook 2012 (EIA)

Information Administration Petroleum Marketing Annual 1995 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

116

Oil price stabilization and global welfare  

Science Journals Connector (OSTI)

Abstract Oil price stabilization polices are adopted extensively in developing countries. Some argue that developed economies, especially the US, may gain from these policies through trade. This paper studies this issue in a two-country model with dollar currency pricing. We find that the optimal level of oil price stabilization chosen by developing countries and its implications for global welfare depend critically on whether monetary policy can effectively respond to oil shocks. In an environment without monetary shocks, when optimal monetary policies are considered, there is no role for oil price stabilization in developing countries. However, to make the oil price stabilization policy redundant, optimal monetary policy is not necessary. Some non-optimal endogenous monetary policies satisfying certain conditions can also make the developing countries choose zero oil price stabilization. The results change when there are monetary shocks. Even with optimal monetary policies, the developing countries will choose a positive level of oil price stabilization. However, due to dollar currency pricing, the US actually loses from the stabilization policy. Our results are well supported by the quantitative analysis in a full-fledged dynamic stochastic general equilibrium model.

Qing Liu; Kang Shi; Zhouheng Wu; Juanyi Xu

2014-01-01T23:59:59.000Z

117

Inflationary effects of changes in the price of oil.  

E-Print Network (OSTI)

?? Motivated by a period of time in which we face historically high oil prices, this thesis analyzes to what extent oil prices actually influence (more)

Wribe, Lars

2006-01-01T23:59:59.000Z

118

Fact Sheet: Gas Prices and Oil Consumption Would Increase Without...  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Gas Prices and Oil Consumption Would Increase Without Biofuels Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels Secretary of Energy Samuel W. Bodman and...

119

Crude Oil and Gasoline Price Monitoring  

Gasoline and Diesel Fuel Update (EIA)

What drives crude oil prices? What drives crude oil prices? November 13, 2013 | Washington, DC An analysis of 7 factors that influence oil markets, with chart data updated monthly and quarterly Crude oil prices react to a variety of geopolitical and economic events November 13, 2013 2 price per barrel (real 2010 dollars, quarterly average) Low spare capacity Iraq invades Kuwait Saudis abandon swing producer role Iran-Iraq War Iranian revolution Arab Oil Embargo Asian financial crisis U.S. spare capacity exhausted Global financial collapse 9-11 attacks OPEC cuts targets 1.7 mmbpd OPEC cuts targets 4.2 mmbpd Sources: U.S. Energy Information Administration, Thomson Reuters 0 20 40 60 80 100 120 140 1970 1975 1980 1985 1990 1995 2000 2005 2010 imported refiner acquisition cost of crude oil

120

EIA - AEO2010 - World oil prices and production trends in AEO2010  

Gasoline and Diesel Fuel Update (EIA)

World oil prices and production trends in AEO2010 World oil prices and production trends in AEO2010 Annual Energy Outlook 2010 with Projections to 2035 World oil prices and production trends in AEO2010 In AEO2010, the price of light, low-sulfur (or “sweet”) crude oil delivered at Cushing, Oklahoma, is tracked to represent movements in world oil prices. EIA makes projections of future supply and demand for “total liquids,” which includes conventional petroleum liquids—such as conventional crude oil, natural gas plant liquids, and refinery gain—in addition to unconventional liquids, which include biofuels, bitumen, coal-to-liquids (CTL), gas-to-liquids (GTL), extra-heavy oils, and shale oil. World oil prices can be influenced by a multitude of factors. Some tend to be short term, such as movements in exchange rates, financial markets, and weather, and some are longer term, such as expectations concerning future demand and production decisions by the Organization of the Petroleum Exporting Countries (OPEC). In 2009, the interaction of market factors led prompt month contracts (contracts for the nearest traded month) for crude oil to rise relatively steadily from a January average of $41.68 per barrel to a December average of $74.47 per barrel [38].

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


121

AEO2011: Lower 48 Crude Oil Production and Wellhead Prices by Supply Region  

Open Energy Info (EERE)

Crude Oil Production and Wellhead Prices by Supply Region Crude Oil Production and Wellhead Prices by Supply Region Dataset Summary Description This dataset comes from the Energy Information Administration (EIA), and is part of the 2011 Annual Energy Outlook Report (AEO2011). This dataset is table 132, and contains only the reference case. The data is broken down into Production, lower 48 onshore and lower 48 offshore. Source EIA Date Released April 26th, 2011 (3 years ago) Date Updated Unknown Keywords 2011 AEO crude oil EIA prices Data application/vnd.ms-excel icon AEO2011: Lower 48 Crude Oil Production and Wellhead Prices by Supply Region- Reference Case (xls, 54.9 KiB) Quality Metrics Level of Review Peer Reviewed Comment Temporal and Spatial Coverage Frequency Annually Time Period 2008-2035 License License Open Data Commons Public Domain Dedication and Licence (PDDL)

122

What's Driving Oil Prices? James L. Smith  

E-Print Network (OSTI)

Issues in Energy Federal Reserve Bank of Dallas November 2, 2006 The Price of OPEC Oil ($/bbl) $0 $20 $40;8 DIFFERENCES AMONG OPEC MEMBERS Proved Oil Crude Oil Reserves to GDP Reserves Production Production Ratio Member $ per capita bbl per capita bbl per capita years Algeria 3,113 373 15 25 Indonesia 1,290 20 2 11

O'Donnell, Tom

123

Prediction of Oil Prices Using Bagging and Random Subspace  

Science Journals Connector (OSTI)

The problem of predicting oil prices is worthy of attention. As oil represents the backbone of the world economy,...

Lubna A. Gabralla; Ajith Abraham

2014-01-01T23:59:59.000Z

124

STEO January 2013 - world oil prices  

U.S. Energy Information Administration (EIA) Indexed Site

Gap between U.S. and world oil prices to be cut by more than Gap between U.S. and world oil prices to be cut by more than half over next two years The current wide price gap between a key U.S. and a world benchmark crude oil is expected to narrow significantly over the next two years. The spot price for U.S. benchmark West Texas Intermediate crude oil, also known as WTI , averaged $94 a barrel in 2012. That's $18 less than North Sea Brent oil, which is a global benchmark crude that had an average price of $112 last year. The new monthly forecast from the U.S. Energy Information Administration expects the price gap between the two crude oils to shrink to $16 a barrel this year and then to $8 in 2014. That's when WTI would average $91 a barrel and Brent would be at $99. The smaller price gap will result from new pipelines coming on line that will lower the cost of

125

Introduction to Macroeconomic Dynamics Special Issue on Oil Price Shocks  

E-Print Network (OSTI)

Introduction to Macroeconomic Dynamics Special Issue on Oil Price Shocks Apostolos Serletisy in macroeconometrics and ...nancial econometrics to investigate the e¤ects of oil price shocks and uncertainty about the price of oil on the level of economic activity. JEL classi...cation: G31, E32, C32. Keywords: Oil price

Garousi, Vahid

126

Criticality Characteristics of Current Oil Price Dynamics  

E-Print Network (OSTI)

Methodology that recently lead us to predict to an amazing accuracy the date (July 11, 2008) of reverse of the oil price up trend is briefly summarized and some further aspects of the related oil price dynamics elaborated. This methodology is based on the concept of discrete scale invariance whose finance-prediction-oriented variant involves such elements as log-periodic self-similarity, the universal preferred scaling factor lambda=2, and allows a phenomenon of the "super-bubble". From this perspective the present (as of August 22, 2008) violent - but still log-periodically decelerating - decrease of the oil prices is associated with the decay of such a "super- bubble" that has started developing about one year ago on top of the longer-term oil price increasing phase (normal bubble) whose ultimate termination is evaluated to occur in around mid 2010.

Drozdz, Stanislaw; Oswiecimka, Pawel

2008-01-01T23:59:59.000Z

127

Residential heating oil prices decline  

U.S. Energy Information Administration (EIA) Indexed Site

propane price increase slightly The average retail price for propane is 2.41 per gallon, up 1-tenth of a cent from last week, based on the residential heating fuel survey by the...

128

PPMCSA Presentation on Winter Distillate Outlook  

Gasoline and Diesel Fuel Update (EIA)

PPMCSA Presentation on Winter Distillate Outlook PPMCSA Presentation on Winter Distillate Outlook 09/15/2000 Click here to start Table of Contents Winter Distillate Outlook Distillate Prices Increasing With Crude Oil Factors Driving Prices & Forecast First Factor Impacting Distillate Prices: Crude Oil Prices High Crude Prices Go With Low Inventories Second Price Component: Spread Impacted by Distillate Supply/Demand Balance Distillate Stocks are Low – Especially on the East Coast Distillate Stocks Are Important Part of East Coast Winter Supply Winter Demand Impacted by Weather Warm Winters Held Heating Oil Demand Down While Diesel Grew Distillate Demand Strong in December 1999 Dec 1999 & Jan 2000 Production Fell, But Rebounded with Price Higher Yields Can Be Achieved Unusual Net Imports May Only Be Available at a High Price

129

Short-Term Energy Outlook Figures  

U.S. Energy Information Administration (EIA) Indexed Site

Independent Statistics & Analysis" Independent Statistics & Analysis" ,"U.S. Energy Information Administration" ,"Short-Term Energy Outlook Figures, December 2013" ,"U.S. Prices" ,,"West Texas Intermediate (WTI) Crude Oil Price" ,,"U.S. Gasoline and Crude Oil Prices" ,,"U.S. Diesel Fuel and Crude Oil Prices" ,,"Henry Hub Natural Gas Price" ,,"U.S. Natural Gas Prices" ,"World Liquid Fuels" ,,"World Liquid Fuels Production and Consumption Balance" ,,"Estimated Unplanned Crude Oil Production Outages Among OPEC Producers" ,,"Estimated Unplanned Crude Oil Production Disruptions Among non-OPEC Producers" ,,"World Liquid Fuels Consumption" ,,"World Liquid Fuels Consumption Growth"

130

Spot Distillate & Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

mid-January, 2000. WTI crude oil price rose about $17 per mid-January, 2000. WTI crude oil price rose about $17 per barrel or 40 cents per gallon from its low point in mid February 1999 to January 17, 2000. Over this same time period, New York Harbor spot heating oil had risen about 42 cents per gallon, reflecting both the crude price rise and the beginning of a return to a more usual seasonal spread over the price of crude oil. The week ending January 21, distillate spot prices in the Northeast spiked dramatically to record levels, closing on Friday at $1.26 per gallon -- up 50 cents from the prior week. Gulf Coast prices were not spiking, but were probably pulled higher as the New York Harbor market began to draw on product from other areas. They closed at 83 cents per gallon, an increase of 11 cents from the prior Friday. Crude oil had risen about 4 cents from

131

Business Cycle Effects on Metal and Oil Prices: Understanding the Price Retreat of 2008-9  

E-Print Network (OSTI)

1 Business Cycle Effects on Metal and Oil Prices: Understanding the Price Retreat of 2008 of macroeconomic business cycles on six metals traded on the London Metal Exchange and oil prices. Reduced GDP oil prices (as a proxy for energy inputs in metals production) are derived. The estimated trend

132

Table 19. U.S. Refiner Residual Fuel Oil Prices  

U.S. Energy Information Administration (EIA) Indexed Site

Prices," source for backcast estimates prior to January 1983. 19. U.S. Refiner Residual Fuel Oil Prices 36 Energy Information Administration Petroleum Marketing Annual 1996...

133

Table 19. U.S. Refiner Residual Fuel Oil Prices  

U.S. Energy Information Administration (EIA) Indexed Site

Prices," source for backcast estimates prior to January 1983. 19. U.S. Refiner Residual Fuel Oil Prices 36 Energy Information Administration Petroleum Marketing Annual 1997...

134

Modelling oil price volatility with structural breaks  

Science Journals Connector (OSTI)

In this paper, we provide two main innovations: (i) we analyze oil prices of two prominent markets namely West Texas Intermediate (WTI) and Brent using the two recently developed tests by Narayan and Popp (2010) and Liu and Narayan, 2010 both of which allow for two structural breaks in the data series; and (ii) the latter method is modified to include both symmetric and asymmetric volatility models. We identify two structural breaks that occur in 1990 and 2008 which coincidentally correspond to the Iraqi/Kuwait conflict and the global financial crisis, respectively. We find evidence of persistence and leverage effects in the oil price volatility. While further extensions can be pursued, the consideration of asymmetric effects as well as structural breaks should not be jettisoned when modelling oil price volatility.

Afees A. Salisu; Ismail O. Fasanya

2013-01-01T23:59:59.000Z

135

An MBendi Profile: World: Oil And Gas Industry -Peak Oil: an Outlook on Crude Oil Depletion -C.J.Campbell -Revised February 2002 Search for  

E-Print Network (OSTI)

An MBendi Profile: World: Oil And Gas Industry - Peak Oil: an Outlook on Crude Oil Depletion - C - Contact Us - Newsletter Register subscribe to our FREE newsletter World: Oil And Gas Industry - Peak Oil the subsequent decline. q Gas, which is less depleted than oil, will likely peak around 2020. q Capacity limits

136

The effects of oil prices and other economic indicators on housing prices in Calgary, Canada .  

E-Print Network (OSTI)

??This thesis aims to answer: (1) to what extent can oil prices and other economic indicators predict the changes in housing prices and rent in (more)

Padilla, Mercedes A. (Mercedes Angeles)

2005-01-01T23:59:59.000Z

137

Oil Price Trackers Inspired by Immune Memory  

E-Print Network (OSTI)

We outline initial concepts for an immune inspired algorithm to evaluate and predict oil price time series data. The proposed solution evolves a short term pool of trackers dynamically, with each member attempting to map trends and anticipate future price movements. Successful trackers feed into a long term memory pool that can generalise across repeating trend patterns. The resulting sequence of trackers, ordered in time, can be used as a forecasting tool. Examination of the pool of evolving trackers also provides valuable insight into the properties of the crude oil market.

Wilson, WIlliam; Aickelin, Uwe

2010-01-01T23:59:59.000Z

138

Price discovery in crude oil futures  

Science Journals Connector (OSTI)

Abstract This study examines price discovery among the two most prominent price benchmarks in the market for crude oil, WTI sweet crude and Brent sweet crude. Using data on the most active futures contracts measured at the one-second frequency, we find that WTI maintains a dominant role in price discovery relative to Brent, with an estimated information share in excess of 80%, over a sample from 2007 to 2012. Our analysis is robust to different decompositions of the sample, over pit-trading sessions and non-pit trading sessions, segmentation of days associated with major economic news releases, and data measured to the millisecond. We find no evidence that the dominant role of WTI in price discovery is diminished by the price spread between Brent that emerged in 2008.

John Elder; Hong Miao; Sanjay Ramchander

2014-01-01T23:59:59.000Z

139

Forecast Prices  

Gasoline and Diesel Fuel Update (EIA)

Notes: Notes: Prices have already recovered from the spike, but are expected to remain elevated over year-ago levels because of the higher crude oil prices. There is a lot of uncertainty in the market as to where crude oil prices will be next winter, but our current forecast has them declining about $2.50 per barrel (6 cents per gallon) from today's levels by next October. U.S. average residential heating oil prices peaked at almost $1.50 as a result of the problems in the Northeast this past winter. The current forecast has them peaking at $1.08 next winter, but we will be revisiting the outlook in more detail next fall and presenting our findings at the annual Winter Fuels Conference. Similarly, diesel prices are also expected to fall. The current outlook projects retail diesel prices dropping about 14 cents per gallon

140

[Outlook for 1997 in the oil and gas industries of the US  

SciTech Connect

This section contains 7 small articles that deal with the outlook for the following areas: US rotary rigs (Moving back up, finally); US production (Crude decline continues, gas rising); producing oil wells (Oil stays steady); producing gas wells (Well numbers up again); drilling and producing depths (New measured depths records); and US reserves (Gas reserves jump; oil dips slightly).

NONE

1997-02-01T23:59:59.000Z

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


141

Table 22. Domestic Crude Oil First Purchase Prices for Selected...  

U.S. Energy Information Administration (EIA) Indexed Site

Form EIA-182, "Domestic Crude Oil First Purchase Report." 22. Domestic Crude Oil First Purchase Prices for Selected Crude Streams 44 Energy Information Administration...

142

Three Papers on the Political Consequences of Oil Prices.  

E-Print Network (OSTI)

??Given the importance of oil in any country's energy needs, it should not be surprising that the increasing volatility of oil prices in the past (more)

Crespo Tenorio, Adriana

2013-01-01T23:59:59.000Z

143

Factors Influencing Oil Prices: A Survey of the Current State...  

Annual Energy Outlook 2012 (EIA)

Hamilton (2009a) points out, as have numerous other authors surveying the oil market (Smith, 2009; Fattouh, 2007), that to understand short run oil price behavior one must...

144

Oil prices and transport sector returns: an international analysis  

Science Journals Connector (OSTI)

This study examines the role of oil prices in explaining transport sector equity returns ... study are strongly supportive of some role for oil prices in determining the transport sector returns for ... asymmet...

Mohan Nandha; Robert Brooks

2009-11-01T23:59:59.000Z

145

The impact of oil prices on income and energy  

Science Journals Connector (OSTI)

The major determinant of real income growth in Korea is real oil prices, followed by money supply, exchange rates, ... longer horizon, the effects of exchange rates, oil prices, government spending, and money sup...

Young U. Glasure; Aie-Rie Lee

2002-05-01T23:59:59.000Z

146

Oil prices decline as concerns about supplies lessen  

Science Journals Connector (OSTI)

Expectations of shorter oil supplies in the case of a war in the Middle East pushed crude oil prices upwards for many months, but in March prices started to fall significantly even before the war against Iraq had...

Klaus Matthies

147

Fact #742: August 27, 2012 Oil Price and Economic Growth  

Energy.gov (U.S. Department of Energy (DOE))

Major oil price shocks have disrupted world energy markets five times in the past 30 years (1973-74, 1979-80, 1990-91, 1999-2000, and 2008). Most of the oil price shocks were followed by an...

148

Oil Prices: 1985 and 1990  

Science Journals Connector (OSTI)

Today oil is the worlds major energy resource. It accounts for about 54 percent of the worlds total energy consumption. Because of conservation and the development of alternative resources in industrialized ...

Thomas L. Saaty; Luis G. Vargas

1982-01-01T23:59:59.000Z

149

Steep increase in oil prices as gulf crisis lingers on  

Science Journals Connector (OSTI)

Following a brief interruption, the recovery in world commodity prices witnessed during the first months of the year has continued. Crude oil prices reached their highest level for 16 months. The increase in prices

Klaus Matthies

150

Putting oil prices in perspective  

SciTech Connect

The author discusses the flawed'' energy policy of the US that seems to be: protect access to Persian Gulf oil with every means at its disposal. He discusses in general terms the real cost of oil which should include the military cost of the continuing conflicts in the Middle East. Full-cycle measurement (from the point of origin to the point of use) to determine energy costs would show natural gas and alternative fuels in their true cost.

Kauffmann, B.

1995-02-01T23:59:59.000Z

151

EIA - International Energy Outlook 2007 - Special Topics  

Gasoline and Diesel Fuel Update (EIA)

> Special Topics > Special Topics International Energy Outlook 2007 World GDP: Potential Impacts of High and Low Oil Prices Differences from Reference Case World Oil Price Projections in the High and Low World Oil Price Cases, 2006-2030 (Percent). Need help, contact the National Energy Information Center at 202-586-8800. Figure Data Differences from Reference Case World Real GDP Projections in the High and Low World Oil Price Cases, 2006-2030 (Percent). Need help, contact the National Energy Information Center at 202-586-8800. Figure Data Price paths in the IEO2007 high and low world oil price cases are not characterized by disruption but rather represent sustained movements relative to the reference case oil price path. The assumptions behind the oil price cases are that the price changes do not come as a shock and that

152

Oil prices and government bond risk premiums Herv Alexandre*  

E-Print Network (OSTI)

Oil prices and government bond risk premiums By Hervé Alexandre*º Antonin de Benoist * Abstract : This article analyses the impact of oil price on bond risk premiums issued by emerging economies. No empirical study has yet focussed on the effects of the oil price on government bond risk premiums. We develop

Boyer, Edmond

153

International Energy Outlook 2006  

Gasoline and Diesel Fuel Update (EIA)

The IEO2006 projections indicate continued growth in world energy use, despite The IEO2006 projections indicate continued growth in world energy use, despite world oil prices that are 35 percent higher in 2025 than projected in last year's outlook. Energy resources are thought to be adequate to support the growth expected through 2030. The International Energy Outlook 2006 (IEO2006) projects strong growth for worldwide energy demand over the 27-year projection period from 2003 to 2030. Despite world oil prices that are 35 percent higher in 2025 than projected in last year's outlook, world economic growth continues to increase at an average annual rate of 3.8 percent over the projection period, driving the robust increase in world energy use. Total world consumption of marketed energy expands from 421 quadrillion Brit- ish thermal units (Btu) in 2003 to 563 quadrillion Btu in 2015 and then to 722 quadrillion Btu in

154

Annual Energy Outlook  

Gasoline and Diesel Fuel Update (EIA)

Outlook Outlook 2010 Restrospective Review July 2011 www.eia.gov U.S. Depa rtment of Energy W ashington, DC 20585 This page inTenTionally lefT blank 3 U.S. Energy Information Administration | Annual Energy Outlook Retrospective Review While the integrated nature of NEMS may result in some feedback that slightly modifies the initial assumptions about world oil price and the macroeconomic growth environment, these feedbacks tend to be relatively small, so that the initial assumptions for world oil price and the macroeconomic growth environment largely determine the overall projection environ- ment. To the extent that this general environment deviates from the initial assumptions, the NEMS projection results will also deviate. Table 2 provides a summary of the percentage of years in

155

Crude oil prices: Are our oil markets too tight?  

SciTech Connect

The answer to the question posed in the title is that tightness in the market will surely prevail through 1997. And as discussed herein, with worldwide demand expected to continue to grow, there will be a strong call on extra oil supply. Meeting those demands, however, will not be straightforward--as many observers wrongly believe--considering the industry`s practice of maintaining crude stocks at ``Just in time`` inventory levels. Further, impact will be felt from the growing rig shortage, particularly for deepwater units, and down-stream capacity limits. While these factors indicate 1997 should be another good year for the service industry, it is difficult to get any kind of consensus view from the oil price market. With most observers` information dominated by the rarely optimistic futures price of crude, as reflected by the NYMEX, the important fact is that oil prices have remained stable for three years and increased steadily through 1996.

Simmons, M.R. [Simmons and Co. International, Houston, TX (United States)

1997-02-01T23:59:59.000Z

156

Asymmetric and nonlinear pass-through of crude oil prices to gasoline and natural gas prices  

E-Print Network (OSTI)

Asymmetric and nonlinear pass-through of crude oil prices to gasoline and natural gas prices Ahmed distributed lags (NARDL) mod- el to examine the pass-through of crude oil prices into gasoline and natural gas the possibility to quantify the respective responses of gasoline and natural gas prices to positive and negative

Paris-Sud XI, Université de

157

World Oil Price, 1970-2020  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

World Oil Price, 1970-2020 World Oil Price, 1970-2020 (1999 dollars per barrel) 17.09 50- 45 - 40 - I Nominal dollars 35- 1995 _2020 15 - J 9, AE02000 5- 10 - HHistory Projections 0 1970 1980 1990 2000 2010 2020 35AS0570 ^a .i^ Petroleum Supply, Consumption, and Imports, 1970-2020 (million barrels per day) 30- History Projections 25 - 20 - 20~ Consumption _ Net imports 15 - Domestic supply . _ 5- 0 0 1970 1980 1990 2000 2010 2020 '-'e^~~~ u,~~ ~35AS0570 ., te Petroleum Consumption by Sector, 1970-2020 (million barrels per day) 20- History Projections 15- XTransportation 10 Industrial Eect i city gener - 5- 1970 1980 1990 2000 2010 2020 .n 35AS0570 r-N Crude Oil Production by Source, 1970-2020 (million barrels per day) 8 History Projections 6- Lower 48 conventional 4- Lower 48 offshore 2- lasa k r 0 § ^.^^^r"_ "^^"' ^Lower 48 EOR

158

Short-Term Energy Outlook  

Gasoline and Diesel Fuel Update (EIA)

3 3 1 Short-Term Energy Outlook April 2003 Overview World Oil Markets. Crude oil prices fell sharply at the onset of war in Iraq, but the initial declines probably overshot levels that we consider to be generally consistent with fundamental factors in the world oil market. Thus, while near-term price averages are likely to be below our previous projections, the baseline outlook for crude oil prices (while generally lower) is not drastically different and includes an average for spot West Texas Intermediate (WTI) that is close to $30 per barrel in 2003 (Figure 1). The mix of uncertainties related to key oil production areas has changed since last month, as Venezuelan production has accelerated beyond previous estimates while Nigerian output has been reduced due to internal conflict.

159

EIA - International Energy Outlook 2007 Report  

Gasoline and Diesel Fuel Update (EIA)

International Energy Outlook 2007 International Energy Outlook 2007 The International Energy Outlook 2007 (IEO2007) presents an assessment by the Energy Information Administration (EIA) of the outlook for international energy markets through 2030. U.S. projections appearing in IEO2007 are consistent with those published in EIA's Annual Energy Outlook 2007 (AEO2007), which was prepared using the National Energy Modeling System (NEMS). The report is also released in print. Projection Tables Appendix A. Reference Case Appendix B. High Economic Growth Case Appendix C. Low Economic Growth Case Appendix D. High World Oil Price Case Appendix E. Low World Oil Price Case Appendix F. Reference Case Projections by End Use Appendix G. Projections of Petroleum and Other Liquids Productions in Three Cases

160

Energy Information Administration/Short-Term Energy Outlook - May 2005  

Gasoline and Diesel Fuel Update (EIA)

5 5 1 Short-Term Energy Outlook May 2005 2005 Summer Motor Gasoline Outlook Update (Figure 1) A considerable break in the expected strength of near-term crude oil prices has resulted in a lower forecast for retail gasoline prices this spring. Gasoline prices may well have seen their peak for the year, barring sharp disruptions in crude oil supply or refinery operations. Pump prices for the summer (April-September) are now projected to average $2.17 per gallon, still high by historical standards but well below the $2.28 anticipated last month. Our projection has been revised downward from the last Outlook as crude oil prices fell from the high $50s per barrel to the low $50s. However, oil prices remain high enough to keep expected

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


161

EIA - International Energy Outlook 2008-Defining the Limits of Oil  

Gasoline and Diesel Fuel Update (EIA)

Mid-Term Prospects for Nuclear Electricity Generation in China, India, and the United States Mid-Term Prospects for Nuclear Electricity Generation in China, India, and the United States Around the world, nuclear power plants are getting renewed attention and consideration as an option for electricity generation to meet rising demand in the future. For many years, analysts expected nuclear power to grow slowly in the short term and decline in the long term. More recently, however, many countries have begun looking anew at nuclear power to displace generation from fossil fuels, in response to both sustained high prices for oil and natural gas and the desire to reduce carbon dioxide emissions. In addition, concerns about energy security among those nations that rely heavily on fossil fuel imports have made nuclear power an attractive option for electricity production.

162

Lower Oil Prices: A Reason to Give Thanks GENE EPSTEIN  

E-Print Network (OSTI)

Lower Oil Prices: A Reason to Give Thanks By GENE EPSTEIN Nov. 29, 2014 1:31 a.m. ET I give thanks thanks for an oil price that fell below $70 a barrel Friday, mainly because it bodes well for general early this year ("Here Comes $75 Oil," March 31). Amy Jaffe, executive director of energy

California at Davis, University of

163

Energy Information Administration/Short-Term Energy Outlook - August 2005  

Gasoline and Diesel Fuel Update (EIA)

5 5 1 Short-Term Energy Outlook August 2005 Short-Term Energy Outlook - Regional Enhancements Starting with this edition of the Short-Term Energy Outlook (STEO), EIA is introducing regional projections (the scope of which will vary by fuel) of energy prices, consumption, and production. The addition of regional data and forecasts will allow us to examine regional fuel demands and prices, regional fuel inventory trends, the interaction between regional electricity demand shifts, and regional electric generating capacity. This edition of STEO includes regional projections for heating oil, propane, and gasoline prices and natural gas and electricity demand and prices. Over the next 2 months, we will include additional regional

164

EIA - Assumptions to the Annual Energy Outlook 2010 - Oil and Gas Supply  

Gasoline and Diesel Fuel Update (EIA)

Oil and Gas Supply Module Oil and Gas Supply Module Assumptions to the Annual Energy Outlook 2010 Oil and Gas Supply Module Figure 8. Natural Gas Transmission and Distribution Model Regions. The NEMS Oil and Gas Supply Module (OGSM) constitutes a comprehensive framework with which to analyze oil and gas natural gas exploration and development on a regional basis (Figure 7). The OGSM is organized into 4 submodules: Onshore Lower 48 Oil and Gas Supply Submodule, Offshore Oil and Gas Supply Submodule, Oil Shale Supply submodule, and Alaska Oil and Gas Supply Submodule. A detailed description of the OGSM is provided in the EIA publication, Model Documentation Report: The Oil and Gas Supply Module (OGSM), DOE/EIA-M063(2010), (Washington, DC, 2010). The OGSM provides crude oil and natural gas short-term supply parameters to both the Natural

165

The relationship between crude oil and gasoline prices  

Science Journals Connector (OSTI)

This study investigates the dynamic relationship between crude oil and retail gasoline prices during the last 21 years and determines ... that date, the results show that gasoline prices include higher profit mar...

Ali T. Akarca; Dimitri Andrianacos

1998-08-01T23:59:59.000Z

166

Table 21. Domestic Crude Oil First Purchase Prices  

U.S. Energy Information Administration (EIA) Indexed Site

Information Administration Petroleum Marketing Annual 1995 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

167

Table 21. Domestic Crude Oil First Purchase Prices  

U.S. Energy Information Administration (EIA) Indexed Site

Information AdministrationPetroleum Marketing Annual 1999 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

168

Table 21. Domestic Crude Oil First Purchase Prices  

U.S. Energy Information Administration (EIA) Indexed Site

Information AdministrationPetroleum Marketing Annual 1998 41 Table 21. Domestic Crude Oil First Purchase Prices (Dollars per Barrel) - Continued Year Month PAD District II...

169

Past, present and future evolution of oil prices .  

E-Print Network (OSTI)

??This thesis reviews how oil price has evolved throughout time since it was discovered and commercially exploited in 1859 in Pennsylvania. Rather than a pure (more)

Corsetti, Manuel

2010-01-01T23:59:59.000Z

170

Oil price fluctuations and Its effect on GDP growth.  

E-Print Network (OSTI)

?? During the year of 2008, the world has experienced historically high oil prices reaching an all time high of 147 USD per barrel in (more)

Gonzalez , Aaron

2009-01-01T23:59:59.000Z

171

Oil Price and Stock Returns of Consumers and Producers of Crude Oil  

Science Journals Connector (OSTI)

Abstract In this paper we investigate how differently stock returns of oil producers and oil consumers are affected from oil price changes. We find that stock returns of oil producers are affected positively by oil price changes regardless of whether oil price is increasing or decreasing. For oil consumers, oil price changes do not affect all consumer sub-sectors and where it does, this effect is heterogeneous. We find that oil price returns have an asymmetric effect on stock returns for most sub-sectors. We devise simple trading strategies and find that while both consumers and producers of oil can make statistically significant profits, investors in oil producer sectors make relatively more profits than investors in oil consumer sectors

Dinh Hoang Bach Phan; Susan Sunila Sharma; Paresh Kumar Narayan

2014-01-01T23:59:59.000Z

172

Prediction of prices for oil products in the internal market  

Science Journals Connector (OSTI)

The paper considers the Russian market of oil products and provides a model of this ... of which suggests approaches to forecasting the internal prices of oil producers within one scenario of economic development...

Yu. A. Bakman

2014-01-01T23:59:59.000Z

173

EIA-Assumptions to the Annual Energy Outlook - Oil and Gas Supply Module  

Gasoline and Diesel Fuel Update (EIA)

Oil and Gas Supply Module Oil and Gas Supply Module Assumptions to the Annual Energy Outlook 2007 Oil and Gas Supply Module Figure 7. Oil and Gas Supply Model Regions. Need help, contact the National Energy Information Center at 202-586-8800. The NEMS Oil and Gas Supply Module (OGSM) constitutes a comprehensive framework with which to analyze oil and gas supply on a regional basis (Figure 7). A detailed description of the OGSM is provided in the EIA publication, Model Documentation Report: The Oil and Gas Supply Module (OGSM), DOE/EIA-M063(2006), (Washington, DC, 2006). The OGSM provides crude oil and natural gas short-term supply parameters to both the Natural Gas Transmission and Distribution Module and the Petroleum Market Module. The OGSM simulates the activity of numerous firms that produce oil and natural

174

EIA - Assumptions to the Annual Energy Outlook 2008 - Oil and Gas Supply  

Gasoline and Diesel Fuel Update (EIA)

Oil and Gas Supply Module Oil and Gas Supply Module Assumptions to the Annual Energy Outlook 2008 Oil and Gas Supply Module Figure 7. Oil and Gas Supply Module. Need help, contact the National Energy Information Center at 202-586-8800. The NEMS Oil and Gas Supply Module (OGSM) constitutes a comprehensive framework with which to analyze oil and gas supply on a regional basis (Figure 7). A detailed description of the OGSM is provided in the EIA publication, Model Documentation Report: The Oil and Gas Supply Module (OGSM), DOE/EIA-M063(2007), (Washington, DC, 2007). The OGSM provides crude oil and natural gas short-term supply parameters to both the Natural Gas Transmission and Distribution Module and the Petroleum Market Module. The OGSM simulates the activity of numerous firms that produce oil and natural

175

Do financial investors destabilize the oil price?  

Gasoline and Diesel Fuel Update (EIA)

WO WO R K I N G PA P E R S E R I E S N O 1 3 4 6 / J U N E 2 011 by Marco J. Lombardi and Ine Van Robays DO FINANCIAL INVESTORS DESTABILIZE THE OIL PRICE? WO R K I N G PA P E R S E R I E S N O 13 4 6 / J U N E 2011 DO FINANCIAL INVESTORS DESTABILIZE THE OIL PRICE? 1 by Marco J. Lombardi 2 and Ine Van Robays 3 1 This paper was initiated when the second author was with the European Central Bank. Without implicating, we would like to thank Bahattin Büyüksahin, Gert Peersman, Jaap Bos, Julio Carrillo, Lutz Kilian, Punnoose Jacob, Sandra Eickmeier and an anonymous referee for their useful comments and suggestions. 2 Directorate General Economics, European Central Bank, Kaiserstrasse 29, D-60311 Frankfurt am Mai, Germany; e-mail: marco.lombardi@ecb.europa.eu 3 Department of Financial Economics, Ghent University, Woodrow Wilsonplein 5D, B-9000 Gent,

176

August 2012 Short-Term Energy Outlook  

Gasoline and Diesel Fuel Update (EIA)

August 2012 1 August 2012 1 August 2012 Short-Term Energy Outlook Highlights  EIA projects that the Brent crude oil spot price will average about $103 per barrel during the second half of 2012, about $3.50 per barrel higher than in last month's Outlook. The forecast Brent crude oil spot price falls to an average of $100 per barrel in 2013. The projected West Texas Intermediate (WTI) crude oil spot price discount to Brent crude oil narrows from about $14 in the third quarter of 2012 to $9 by late 2013. These price forecasts assume that world oil-consumption-weighted real gross domestic product (GDP), which increased by 3.0 percent in 2011, grows by 2.8 percent in 2012 and 2.9

177

The future of oil: unconventional fossil fuels  

Science Journals Connector (OSTI)

...revolutionizing the energy outlook in...revolutionizing the energy outlook in...estimate what the price of oil will...terminals in the USA to meet projected...and its history is instructive...domestic oil prices that followed...and for the USA as a whole...are used. -Energy return on...geological history, which could...

2014-01-01T23:59:59.000Z

178

Oil resources: the key to prosperity or to poverty? : Influence of oil price shocks on spending of oil revenues.  

E-Print Network (OSTI)

??Abundant natural resources, in particular oil, play an important role in the economics of many countries. The oil price shocks that have been happening continuously (more)

Selivanova, Olga

2008-01-01T23:59:59.000Z

179

Energy and Financial Markets Overview: Crude Oil Price Formation  

U.S. Energy Information Administration (EIA) Indexed Site

John Maples John Maples 2011 EIA Energy Conference April 26, 2011 Transportation and the Environment Light-duty vehicle combined Corporate Average Fuel Economy Standards (CAFE) in three cases, 2005-2035 2 0 20 40 60 80 2005 2010 2015 2020 2025 2030 2035 miles per gallon Source: EIA, Annual Energy Outlook 2011 CAFE6 CAFE3 Reference John Maples, April 26, 2011 Light-duty vehicle delivered energy consumption and total transportation carbon dioxide emissions, 2005-2035 3 0 5 10 15 20 2005 2010 2015 2020 2025 2030 2035 Reference CAFE3 CAFE6 quadrillion Btu 0 500 1000 1500 2000 2500 2005 2010 2015 2020 2025 2030 2035 million metric tons carbon dioxide equivalent Source: EIA, Annual Energy Outlook 2011 John Maples, April 26, 2011 Distribution of new light-duty vehicle sales by price, 2010 and 2025 (2009$) 4 Source: EIA, Annual Energy Outlook 2011

180

Do High Oil Prices Presage Inflation? The Evidence from G-5 Countries  

E-Print Network (OSTI)

Do High Oil Prices Presage Inflation? The Evidence from G-5to be more sensitive to oil prices than in the U.S. , isa dollar denominated oil price. References Blanchard O.J.

LeBlanc, Michael; Chinn, Menzie David

2004-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


181

Multi-fractal Analysis of World Crude Oil Prices  

Science Journals Connector (OSTI)

In order to reveal the stylized facts of world crude oil prices, R/S (Rescaled Range Analysis) method is introduced in this paper. For illustration, WTI (West Texas Intermediate) and Brent daily crude oil prices are used in this paper. The calculated ...

Xiucheng Dong; Junchen Li; Jian Gao

2009-04-01T23:59:59.000Z

182

Retail Product Prices Are Driven By Crude Oil  

Gasoline and Diesel Fuel Update (EIA)

6 6 Notes: Retail prices for both gasoline and diesel fuel have risen strongly over the past two years, driven mostly by the rise in world crude oil prices to their highest levels since the Persian Gulf War. Of course, there are a number of other significant factors that impact retail product prices, the most important of which is the supply/demand balance for each product. But the point of this slide is to show that generally speaking, as world crude oil prices rise and fall, so do retail product prices. Because of the critical importance of crude oil price levels, my presentation today will look first at global oil supply and demand, and then at the factors that differentiate the markets for each product. I'll also talk briefly about natural gas, and the impact that gas

183

International Energy Outlook 2006  

Gasoline and Diesel Fuel Update (EIA)

World Oil Markets World Oil Markets In the IEO2006 reference case, world oil demand increases by 47 percent from 2003 to 2030. Non-OECD Asia, including China and India, accounts for 43 percent of the increase. In the IEO2006 reference case, world oil demand grows from 80 million barrels per day in 2003 to 98 million bar- rels per day in 2015 and 118 million barrels per day in 2030. Demand increases strongly despite world oil prices that are 35 percent higher in 2025 than in last year's outlook. Much of the growth in oil consumption is projected for the nations of non-OECD Asia, where strong economic growth is expected. Non-OECD Asia (including China and India) accounts for 43 percent of the total increase in world oil use over the projection period. To meet the projected increase in world oil demand in the IEO2006 reference case, total petroleum supply in 2030 will need to increase

184

5 World Oil Trends WORLD OIL TRENDS  

E-Print Network (OSTI)

5 World Oil Trends Chapter 1 WORLD OIL TRENDS INTRODUCTION In considering the outlook for California's petroleum supplies, it is important to give attention to expecta- tions of what the world oil market. Will world oil demand increase and, if so, by how much? How will world oil prices be affected

185

International Energy Outlook 2006 - Special Topics  

Gasoline and Diesel Fuel Update (EIA)

Special Topics Special Topics International Energy Outlook 2006 World Oil Prices in IEO2006 World Oil Prices, 1980-2030: Comparison of IRAC and Average Price of Imported Low-Sulfur, Light Crude Oil (ILSLCO) to U.S. Refiners (2004 Dollars per Barrel). Need help, contact the National Energy Information Center at 202-586-8800. Figure Data In previous IEOs, the world crude oil price was defined on the basis of the average imported refiner acquisition cost of crude oil to the United States (IRAC), which represented the weighted average of all imported crude oil. Historically, the IRAC price has tended to be a few dollars less than the widely cited prices of premium crudes, such as West Texas Intermediate (WTI) and Brent, which refiners generally prefer for their low viscosity

186

Annual Energy Outlook with Projections to 2025-Market Trends - Oil and  

Gasoline and Diesel Fuel Update (EIA)

Oil and Natural Gas Oil and Natural Gas Index (click to jump links) Natural Gas Consumption and Prices Natural Gas Production Natural Gas Imports and Wellhead Prices Natural Gas Alternative Cases Oil Prices and Reserve Additions Oil Production Alaskan Oil Production and Oil Imports Petroleum Refining Refined Petroleum Products Natural Gas Consumption and Prices Projected Increases in Natural Gas Use Are Led by Electricity Generators Figure 85. Natural gas consumption by end-use sector, 1990-2025 (trillion cubic feet). Having problems, call our National Energy Information Center at 202-586-8800 for help. Figure data Total natural gas consumption is projected to increase from 2002 to 2025 in all the AEO2004 cases. The projections for domestic natural gas consumption in 2025 range from 29.1 trillion cubic feet per year in the low economic

187

Propane Prices Influenced by Crude Oil and Natural Gas  

Gasoline and Diesel Fuel Update (EIA)

6 6 Notes: Propane prices have been high this year for several reasons. Propane usually follows crude oil prices more closely than natural gas prices. As crude oil prices rose beginning in 1999, propane has followed. In addition, some early cold weather this year put extra pressure on prices. However, more recently, the highly unusual surge in natural gas prices affected propane supply and drove propane prices up. Propane comes from two sources of supply: refineries and natural gas processing plants. The very high natural gas prices made it more economic for refineries to use the propane they normally produce and sell than to buy natural gas. The gas processing plants found it more economic to leave propane in the natural gas streams than to extract it for sale separately.

188

Do traders' positions predict oil futures prices? A case study of the 2008 oil market turbulence  

Science Journals Connector (OSTI)

This paper empirically tests whether traders' positions predict crude oil futures prices through a case study of the 2008 oil market turbulence. It is found that the three-week-long trend of traders' net long position significantly forecasts prices when the prices excessively rise from April to July 2008. In specific, speculator's trend forecasts price continuation, whereas the hedger's trend predicts price reversals. However, during the price-collapsing period, no significant predictability is found. These findings provide two implications. First, the hedging-pressure theory can be supported in oil futures market when the market prices excessively rise and traders' position data are used as trend concept. Second, the recent argument on 'the 2008 oil bubble' asserting that excessive rise in oil prices during the second quarter of 2008 is associated with speculator's positions can be supported.

Sunghee Choi; Seok-Joon Hwang

2012-01-01T23:59:59.000Z

189

Fractality feature in oil price fluctuations  

E-Print Network (OSTI)

The scaling properties of oil price fluctuations are described as a non-stationary stochastic process realized by a time series of finite length. An original model is used to extract the scaling exponent of the fluctuation functions within a non-stationary process formulation. It is shown that, when returns are measured over intervals less than 10 days, the Probability Density Functions (PDFs) exhibit self-similarity and monoscaling, in contrast to the multifractal behavior of the PDFs at macro-scales (typically larger than one month). We find that the time evolution of the distributions are well fitted by a Levy distribution law at micro-scales. The relevance of a Levy distribution is made plausible by a simple model of nonlinear transfer

Momeni, M; Talebi, K

2008-01-01T23:59:59.000Z

190

The Price of Oil Risk Steven D. Baker, Bryan R. Routledge,  

E-Print Network (OSTI)

The Price of Oil Risk Steven D. Baker, Bryan R. Routledge, September 2011 [December 20, 2012 multiple goods. We use this optimal consumption allocation to derive a pricing kernel and the price of oil for oil. As an example, in a calibrated version of our model we show how rising oil prices and falling oil

191

Evidence of randomness in United States spot oil prices  

SciTech Connect

This study investigates U.S. crude oil spot-market prices to determine if they were cyclical, autoregressive, or random in nature. The fact that oil-price volatility emerged only with the rise of spot markets meant that data for this type of an analysis were not previously available. The hypothesis tested was that U.S. crude oil price changes are neither cyclical nor autocorrelated, and are, therefore, random. Daily data on U.S. crude oil spot market prices (for the period of December 3, 1984 to November 4, 1988) were analyzed using spectral analysis; this converts time-series data into a frequency series, where it can be analyzed using more-powerful statistical methods. The spectral results of the price series gave a maximum power spectrum of 0.026, which is considerably smaller than the significance level of 0.052, considered acceptable using a 99% confidence level. The conclusion reached was that there was no significant cyclicality or autocorrelation in the data. This indicated that the U.S. crude oil prices are efficient, and that it would not be possible to predict crude oil price changes by using historical price data, seasonality, or business cycles.

Howard, B.W.

1989-01-01T23:59:59.000Z

192

Microsoft Word - Price Uncertainty Supplement.doc  

Gasoline and Diesel Fuel Update (EIA)

May 2010 May 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 May 11, 2010 Release Crude Oil Prices. WTI crude oil spot prices averaged $84 per barrel in April 2010, about $3 per barrel above the prior month's average and $2 per barrel higher than forecast in last month's Outlook. EIA projects WTI prices will average about $84 per barrel over the second half of this year and rise to $87 by the end of next year, an increase of about $2 per barrel from the previous Outlook (West Texas Intermediate Crude Oil Price Chart). Energy price forecasts are highly uncertain, as history has shown. Prices for near-term futures options contracts suggest that the market attaches

193

Microsoft Word - Price Uncertainty Supplement.doc  

Gasoline and Diesel Fuel Update (EIA)

Outlook Price Uncertainty-January 2010 Outlook Price Uncertainty-January 2010 1 January 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 January 12, 2010 Release Crude Oil Prices. West Texas Intermediate (WTI) crude oil spot prices averaged $74.50 per barrel in December 2009, about $3.50 per barrel lower than the prior month's average. The WTI spot price fell from $78 to $70 during the first 2 weeks of December, but colder-than-normal weather and U.S. crude oil and product inventory draws that exceeded the December 5-year averages helped push it back up to $79 per barrel by the end of the month. EIA forecasts that WTI spot prices will weaken over

194

Microsoft Word - Price Uncertainty Supplement.doc  

Gasoline and Diesel Fuel Update (EIA)

0 0 1 June 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 June 8, 2010 Release Crude Oil Prices. WTI crude oil spot prices averaged less than $74 per barrel in May 2010, almost $11 per barrel below the prior month's average and $7 per barrel lower than forecast in last month's Outlook. EIA projects WTI prices will average about $79 per barrel over the second half of this year and rise to $84 by the end of next year, a decrease of about $3 per barrel from the previous Outlook (West Texas Intermediate Crude Oil Price Chart). Energy price forecasts are highly uncertain, as history has shown. Prices for near-term futures options contracts suggest that the market attaches

195

Summer 2003 Motor Gasoline Outlook.doc  

Gasoline and Diesel Fuel Update (EIA)

3 3 1 Short-Term Energy Outlook April 2003 Summer 2003 Motor Gasoline Outlook Summary For the upcoming summer season (April to September 2003), high crude oil costs and other factors are expected to yield average retail motor gasoline prices higher than those of last year. Current crude oil prices reflect a substantial uncertainty premium due to concerns about the current conflict in the Persian Gulf, lingering questions about whether Venezuelan oil production will recover to near pre-strike levels in time for the peak driving season, and the impact of recent disruptions in Nigerian oil output. Moreover, unusually low crude oil and gasoline inventory levels at the outset of the driving season are expected to keep prices high throughout much of the

196

Short Term Energy Outlook ,October 2002  

Gasoline and Diesel Fuel Update (EIA)

October 2002 October 2002 1 Short-Term Energy Outlook October 2002 Overview World Oil Markets: Continued high oil prices are the result of declining OECD commercial oil inventories, worries over a potential clash with Iraq, and OPEC's decision to leave production quotas unchanged at its September meeting. Solid growth in world oil demand this winter (and for 2003 as a whole) is likely to tighten world oil markets and reduce commercial oil inventories. The West Texas Intermediate (WTI) crude oil spot price averaged $29.75 in September, about $3.50 per barrel above the year-ago level and about $10 per barrel above a low point seen last January. Home Heating Costs Outlook: While fuel supplies should remain sufficient under normal weather

197

Assumptions to the Annual Energy Outlook - Oil and Gas Supply Module  

Gasoline and Diesel Fuel Update (EIA)

Oil and Gas Supply Module Oil and Gas Supply Module Assumption to the Annual Energy Outlook Oil and Gas Supply Module Figure 7. Oil and Gas Supply Model Regions. Having problems, call our National Energy Information Center at 202-586-8800 for help. Table 50. Crude Oil Technically Recoverable Resources (Billion barrels) Printer Friendly Version Crude Oil Resource Category As of January 1, 2002 Undiscovered 56.02 Onshore 19.33 Northeast 1.47 Gulf Coast 4.76 Midcontinent 1.12 Southwest 3.25 Rocky Moutain 5.73 West Coast 3.00 Offshore 36.69 Deep (>200 meter W.D.) 35.01 Shallow (0-200 meter W.D.) 1.69 Inferred Reserves 49.14 Onshore 37.78 Northeast 0.79 Gulf Coast 0.80 Midcontinent 3.73 Southwest 14.61 Rocky Mountain 9.91 West Coast 7.94

198

EIA - Assumptions to the Annual Energy Outlook 2009 - Oil and Gas Supply  

Gasoline and Diesel Fuel Update (EIA)

Oil and Gas Supply Module Oil and Gas Supply Module Assumptions to the Annual Energy Outlook 2009 Oil and Gas Supply Module Figure 7. Oil and Gas Supply Model Regions. Need help, contact the National Energy Information Center at 202-586-8800. Table 9.1. Crude Oil Technically Recoverable Resources. Need help, contact the Naitonal Energy Information Center at 202-586-8800. printer-friendly version Table 9.2. Natural Gas Technically Recoverable Resources. Need help, contact the National Energy Information Center at 202-586-8800. Table 9.2. Continued printer-friendly version Table 9.3. Assumed Size and Initial Production year of Major Announced Deepwater Discoveries. Need help, contact the National Energy Information Center at 202-586-8800. printer-friendly version Table 9.4. Assumed Annual Rates of Technological Progress for Conventional Crude Oil and Natural Gas Sources. Need help, contact the National Energy Information Center at 202-586-8800.

199

Gas Prices: Frequently Asked Questions  

NLE Websites -- All DOE Office Websites (Extended Search)

Prices: Frequently Asked Questions Prices: Frequently Asked Questions What determines the price of gasoline? Energy Information Administration What's going on with gasoline prices? Factors Affecting Gasoline Prices This Week in Petroleum (updated weekly) Gasoline Price Pass-through Oil Market Basics Primer on Gasoline Sources and Markets What's up (and down) with gasoline prices? Illustration showing component costs of gasoline What are the average national and regional gasoline prices? Energy Information Administration Gasoline and Diesel Fuel Update (updated weekly) This Week in Petroleum (updated weekly) California Energy Commission California Gasoline & Gasoline Prices What is the outlook for gasoline prices? Energy Information Administration Short-Term Energy Outlook Why are gasoline prices so different from one state (or region) to another?

200

Price dynamics of crude oil and the regional ethylene markets  

Science Journals Connector (OSTI)

This paper is the first attempt to investigate: (i) is the crude oil (WTI) price significantly related to the regional ethylene prices in the Naphtha intensive ethylene markets of the Far East, North West Europe, and the Mediterranean? (ii) What drives the regional ethylene prices? The paper is motivated by the recent and growing debate on the lead-lag relationship between crude oil and ethylene prices. Our findings, based on the long-run structural modelling approach of Pesaran and Shin, and subject to the limitations of the study, tend to suggest: (i) crude oil (WTI) price is cointegrated with the regional ethylene prices (ii) our within-sample error-correction model results tend to indicate that although the ethylene prices in North West Europe and the Mediterranean were weakly endogenous, the Far East ethylene price was weakly exogenous both in the short and long term. These results are consistent, during most of the period under review (2000.12006.4) with the surge in demand for ethylene throughout the Far East, particularly in China and South Korea. However, during the post-sample forecast period as evidenced in our variance decompositions analysis, the emergence of WTI as a leading player as well, is consistent with the recent surge in WTI price (fuelled mainly, among others, by the strong hedging activities in the WTI futures/options and refining tightness) reflecting the growing importance of input cost in determining the dynamic interactions of input and product prices.

Mansur Masih; Ibrahim Algahtani; Lurion De Mello

2010-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


201

Understanding recent oil price dynamics: A novel empirical approach  

Science Journals Connector (OSTI)

Abstract Crude oil is a major driver of the global economy and its price dynamics are a key indicator for producers, consumers and investors. The increasing volatility of crude oil prices in the last decade has encouraged many researchers to model its dynamics. Recent studies have tried to explain this dynamics by taking into account the role of various market participants many of whom have increasingly used crude oil for portfolio diversification. We propose a modified supplydemand framework which assumes that the real price of crude oil is affected not only by fundamental shocks but also by financial shocks. We assess the role of what we define as the financial shock component when describing the dynamics of the real crude oil price and endeavor to measure a possible equilibrium relationship between standard supply/demand variables and our financial shock component. Using a Dynamic Ordinary Least Squares (DOLS) approach and an ECM framework we are able to empirically assess the significant role of hedging pressure on the real price of oil and find evidence that the impact of the hedging pressure is not only affecting quick reverting short-term deviations but also the structural long-run equilibrium of the oil price.

Rita L. D'Ecclesia; Emiliano Magrini; Pierluigi Montalbano; Umberto Triulzi

2014-01-01T23:59:59.000Z

202

The pass through of oil prices into euro area consumer liquid fuel prices in an environment of high and volatile oil prices  

Science Journals Connector (OSTI)

Crude and refined oil prices have been relatively high and volatile on a sustained basis since 1999. This paper considers the pass through of oil prices into consumer liquid (i.e. petrol, diesel and heating) fuel prices in such an environment. The pass through of oil prices into consumer liquid fuel prices has already been addressed extensively in the literature. Nonetheless much of this literature has either focused on the United States or on a time period when oil prices were relatively stable, or has used monthly data. The main contribution of this paper is a comprehensive combination of many features that have been considered before but rarely jointly. These features include: (1) the analysis of the euro area as an aggregate and a large number of countries (the initial 12 member states); (2) the consideration of different time periods; (3) the modelling of the data in raw levels rather than in log levels. This turns out to have important implications for our findings; (4) the use of high frequency (weekly) data, which, as results will suggest, are the lowest frequency one should consider; (5) the investigation of the different stages of the production chain from crude oil prices to retail distribution refining costs and margins, distribution and retailing costs and margins; (6) the examination of prices including and excluding taxes excise and value-added; (7) the modelling of prices for three fuel types passenger car petrol and diesel separately and home heating fuel oil; (8) lastly we also address the issue of possible asymmetries, allowing for the pass through to vary according to (a) whether price are increasing or decreasing and (b) whether price levels are above or below their equilibrium level. The main findings are as follows: First, as distribution and retailing costs and margins have been broadly stable on average, the modelling of the relationship between consumer prices excluding taxes and upstream prices in raw levels rather than in logarithms has important implications for the stability of estimates of pass through when oil price levels rise significantly. Second, considering spot prices for refined prices improves significantly the fit of the estimated models relative to using crude oil prices. It also results in more economically meaningful results concerning the extent of pass through. Third, oil price pass through occurs quickly, with 90% occurring within three to five weeks. Fourth, using a relatively broad specification allowing for asymmetry in the pass through from upstream to downstream prices, there is little evidence of statistically significant asymmetries. Furthermore, even where asymmetry is found to be statistically significant, it is generally not economically significant. Lastly, these results generally hold across most euro area countries with few exceptions.

Aidan Meyler

2009-01-01T23:59:59.000Z

203

Forecasting Crude Oil Spot Price Using OECD Petroleum Inventory  

Gasoline and Diesel Fuel Update (EIA)

Forecasting Forecasting Crude Oil Spot Price Using OECD Petroleum Inventory Levels MICHAEL YE, ∗ JOHN ZYREN, ∗∗ AND JOANNE SHORE ∗∗ Abstract This paper presents a short-term monthly forecasting model of West Texas Intermedi- ate crude oil spot price using OECD petroleum inventory levels. Theoretically, petroleum inventory levels are a measure of the balance, or imbalance, between petroleum production and demand, and thus provide a good market barometer of crude oil price change. Based on an understanding of petroleum market fundamentals and observed market behavior during the post-Gulf War period, the model was developed with the objectives of being both simple and practical, with required data readily available. As a result, the model is useful to industry and government decision-makers in forecasting price and investigat- ing the impacts of changes on price, should inventories,

204

Outlook for U.S. shale oil and gas  

Gasoline and Diesel Fuel Update (EIA)

shale oil and gas shale oil and gas IAEE/AEA Meeting January 4, 2014 | Philadelphia, PA By Adam Sieminski, EIA Administrator Key insights on drilling productivity and production trends Adam Sieminski, IAEE/AEA January 4, 2014 2 * The U.S. has experienced a rapid increase in natural gas and oil production from shale and other tight resources * Six tight oil and shale gas plays taken together account for nearly 90% of domestic oil production growth and virtually all domestic natural gas production growth over the last 2 years * Higher drilling efficiency and new well productivity, rather than an increase in the rig count, have been the main drivers of recent production growth * Steep legacy production decline rates are being offset by growing

205

The Relationship Between Crude Oil and Natural Gas Prices  

Gasoline and Diesel Fuel Update (EIA)

Administration, Office of Oil and Gas, October 2006 Administration, Office of Oil and Gas, October 2006 1 The Relationship Between Crude Oil and Natural Gas Prices by Jose A. Villar Natural Gas Division Energy Information Administration and Frederick L. Joutz Department of Economics The George Washington University Abstract: This paper examines the time series econometric relationship between the Henry Hub natural gas price and the West Texas Intermediate (WTI) crude oil price. Typically, this relationship has been approached using simple correlations and deterministic trends. When data have unit roots as in this case, such analysis is faulty and subject to spurious results. We find a cointegrating relationship relating Henry Hub prices to the WTI and trend capturing the relative demand and supply effects over the 1989-through-2005 period. The dynamics of the relationship

206

Past, present and future evolution of oil prices  

E-Print Network (OSTI)

This thesis reviews how oil price has evolved throughout time since it was discovered and commercially exploited in 1859 in Pennsylvania. Rather than a pure economic study, this thesis illustrates how major historic and ...

Corsetti, Manuel

2010-01-01T23:59:59.000Z

207

Table 21. Domestic Crude Oil First Purchase Prices  

U.S. Energy Information Administration (EIA) Indexed Site

20.86 20.67 20.47 20.24 20.32 19.57 See footnotes at end of table. 21. Domestic Crude Oil First Purchase Prices Energy Information Administration Petroleum Marketing Annual...

208

Essays on oil price shocks and financial markets  

E-Print Network (OSTI)

This thesis is composed of three chapters, which can be read independently. The first chapter investigates how oil price volatility affects the investment decisions for a panel of Japanese firms. The model is estimated ...

Wang, Jiayue

2012-06-26T23:59:59.000Z

209

Table 21. Domestic Crude Oil First Purchase Prices  

U.S. Energy Information Administration (EIA) Indexed Site

19.11 18.73 18.63 17.97 18.75 18.10 See footnotes at end of table. 21. Domestic Crude Oil First Purchase Prices Energy Information Administration Petroleum Marketing Annual...

210

Has Oil Price Predicted Stock Returns for Over a Century?  

Science Journals Connector (OSTI)

Abstract This paper contributes to the debate on the role of oil prices in predicting stock returns. The novelty of the paper is that it considers monthly time-series historical data that span over 150 years (1859:10-2013:12) and applies a predictive regression model that accommodates three salient features of the data, namely, a persistent and endogenous oil price, and model heteroskedasticity. Three key findings are unraveled: First, oil price predicts US stock returns. Second, in-sample evidence is corroborated by out-sample evidence of predictability. Third, both positive and negative oil price changes are important predictors of US stock returns, with negative changes relatively more important. Our results are robust to the use of different estimators and choice of in-sample periods.

Paresh Kumar Narayan; Rangan Gupta

2014-01-01T23:59:59.000Z

211

Oil price and financial markets: Multivariate dynamic frequency analysis  

Science Journals Connector (OSTI)

Abstract The aim of this paper is to study the degree of interdependence between oil price and stock market index into two groups of countries: oil-importers and oil-exporters. To this end, we propose a new empirical methodology allowing a time-varying dynamic correlation measure between the stock market index and the oil price series. We use the frequency approach proposed by Priestley and Tong (1973), that is the evolutionary co-spectral analysis. This method allows us to distinguish between short-run and medium-run dependence. In order to complete our study by analysing long-run dependence, we use the cointegration procedure developed by Engle and Granger (1987). We find that interdependence between the oil price and the stock market is stronger in exporters? markets than in the importers? ones.

Anna Creti; Zied Ftiti; Khaled Guesmi

2014-01-01T23:59:59.000Z

212

Outlook for U.S. shale oil and gas  

NLE Websites -- All DOE Office Websites (Extended Search)

Argus Americas Crude Summit January 22, 2014 | Houston, TX By Adam Sieminski, EIA Administrator Six key plays account for nearly all recent growth in oil and natural gas production...

213

Fundamentals Explain High Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

6 6 Notes: One can use a simple model to deal with price/fundamental relationships. This one predicts monthly average WTI price as a function of OECD total petroleum stock deviations from the normal levels. The graph shows the model as it begins predicting prices in 1992. It shows how well the model has predicted not only the direction, but the magnitude of prices over this 8+ year period. While the model is simple and not perfect, it does predict the overall trends and, in particular, the recent rise in prices. It also shows that prices may have over-shot the fundamental balance for a while -- at least partially due to speculative concerns over Mideast tensions, winter supply adequacy, and Iraq's export policies. Prices moved lower in December, and even undershot briefly the

214

U.S. Energy Information Administration | Annual Energy Outlook 2011  

Gasoline and Diesel Fuel Update (EIA)

Annual Energy Outlook 2011 Annual Energy Outlook 2011 Energy Information Administration / Annual Energy Outlook 2011 1 Table C1. Total Energy Supply, Disposition, and Price Summary (Quadrillion Btu per Year, Unless Otherwise Noted) Supply, Disposition, and Prices 2009 Projections 2015 2025 2035 Low Oil Price Reference High Oil Price Low Oil Price Reference High Oil Price Low Oil Price Reference High Oil Price Production Crude Oil and Lease Condensate . . . . . . . . . . 11.34 12.35 12.51 12.76 11.19 12.64 15.18 9.32 12.80 15.31 Natural Gas Plant Liquids . . . . . . . . . . . . . . . . 2.57 2.88 2.86 2.90 3.50 3.55 3.62 3.85 3.92 3.86 Dry Natural Gas . . . . . . . . . . . . . . . . . . . . . . . . 21.50 23.05 23.01 23.23 24.24 24.60 25.20 26.91 27.00 27.63 Coal 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21.58 20.63 20.94 20.83 23.30 23.64 24.98 23.82 26.01 30.33 Nuclear Power . . . . . . . .

215

Energy & Financial Markets: What Drives Crude Oil Prices? - Energy  

U.S. Energy Information Administration (EIA) Indexed Site

& Financial Markets - U.S. Energy Information Administration (EIA) & Financial Markets - U.S. Energy Information Administration (EIA) U.S. Energy Information Administration - EIA - Independent Statistics and Analysis Sources & Uses Petroleum & Other Liquids Crude oil, gasoline, heating oil, diesel, propane, and other liquids including biofuels and natural gas liquids. Natural Gas Exploration and reserves, storage, imports and exports, production, prices, sales. Electricity Sales, revenue and prices, power plants, fuel use, stocks, generation, trade, demand & emissions. Consumption & Efficiency Energy use in homes, commercial buildings, manufacturing, and transportation. Coal Reserves, production, prices, employ- ment and productivity, distribution, stocks, imports and exports. Renewable & Alternative Fuels

216

EIA - International Energy Outlook 2008-Defining the Limits of Oil  

Gasoline and Diesel Fuel Update (EIA)

Defining the Limits of Oil Production Defining the Limits of Oil Production Preparing mid-term projections of oil production requires an assessment of the availability of resources to meet production requirements, particularly for the later years of the 2005-2030 projection period in IEO2008. The IEO2008 oil production projections were limited by three factors: the estimated quantity of petroleum in place before production begins (“petroleum-initially-in-place” or IIP), the percentage of IIP extracted over the life of a field (ultimate recovery factor), and the amount of oil that can be produced from a field in a single year as a function of its remaining reserves. Total IIP resources are the quantities of petroleum—both conventional and unconventional—estimated to exist originally in naturally occurring accumulations.a IIP resources are those quantities of petroleum which are estimated, on a given date, to be contained in known accumulations, plus those quantities already produced, as well as those estimated quantities in accumulations yet to be discovered. The estimate of IIP resources includes both recoverable and unrecoverable resources.

217

Herd mentality and oil prices: implications for sustainability  

Science Journals Connector (OSTI)

Despite the current volatility (early 2007), oil prices have experienced a persistently upward trend since 2004. By examining the cascading and stochastic models of herding, the paper looks at the role of herding and diminishing resources behind the volatility and rapid rise in oil prices. A main argument here is that the existence of institutional herding is not incompatible with the entry of noise traders; it rather leads and complements them. The paper also shows that persistent rise may in fact encourage sustainable alternative sources of energy to save the pernicious impact of herding, which can always rattle the prices dissuading the investors from investing in alternative energy. The methodology is based on literature review and the relevant data on oil prices.

Hosein Piranfar

2010-01-01T23:59:59.000Z

218

Status and outlook for shale gas and tight oil development in the U.S.  

Gasoline and Diesel Fuel Update (EIA)

Council on Foreign Relations Council on Foreign Relations April 11, 2013 | Washington, DC By Adam Sieminski, Administrator U.S. Shale Gas 2 Adam Sieminski , CFR, April 11, 2013 An average well in shale gas and other continuous resource plays can also have steep decline curves, which require continued drilling to grow production 3 0 500 1,000 1,500 2,000 0 5 10 15 20 Haynesville Eagle Ford Woodford Marcellus Fayetteville million cubic feet per year Source: EIA, Annual Energy Outlook 2012 1 0% 50% 100% 0 5 10 15 20 Cumulative production = EUR Adam Sieminski , CFR, April 11, 2013 For example: Oil production by monthly vintage of wells in the Williston Basin 4 Source: Drilling Info history through August 2012, EIA Short-Term Energy Outlook, February 2013 forecast

219

Status and outlook for shale gas and tight oil development in the U.S.  

Gasoline and Diesel Fuel Update (EIA)

American Petroleum Institute American Petroleum Institute April 04, 2013 | Washington, DC By Adam Sieminski, Administrator U.S. Shale Gas 2 Adam Sieminski , API, April 04, 2013 An average well in shale gas and other continuous resource plays can also have steep decline curves, which require continued drilling to grow production 3 0 500 1,000 1,500 2,000 0 5 10 15 20 Haynesville Eagle Ford Woodford Marcellus Fayetteville million cubic feet per year Source: EIA, Annual Energy Outlook 2012 1 0% 50% 100% 0 5 10 15 20 Cumulative production = EUR Adam Sieminski , API, April 04, 2013 For example: Oil production by monthly vintage of wells in the Williston Basin 4 Source: DrillingInfo history through August 2012, EIA Short-Term Energy Outlook, February 2013 forecast

220

Status and outlook for shale gas and tight oil development in the U.S.  

Gasoline and Diesel Fuel Update (EIA)

CERAWEEK 2013, North American Energy CERAWEEK 2013, North American Energy March 06, 2013 | Houston, TX by Adam Sieminski, Administrator U.S. Shale Gas 2 Adam Sieminski , CERAWEEK, March 06, 2013 An average well in shale gas and other continuous resource plays can also have steep decline curves, which require continued drilling to grow production 3 0 500 1,000 1,500 2,000 0 5 10 15 20 Haynesville Eagle Ford Woodford Marcellus Fayetteville million cubic feet per year Source: EIA, Annual Energy Outlook 2012 1 0% 50% 100% 0 5 10 15 20 Cumulative production = EUR Adam Sieminski , CERAWEEK, March 06, 2013 For example: Oil production by monthly vintage of wells in the Williston Basin 4 Source: DrillingInfo history through August 2012, EIA Short-Term Energy Outlook, February 2013 forecast

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


221

Summary Statistics Table 1. Crude Oil Prices  

Annual Energy Outlook 2012 (EIA)

Cost Report." Figure Energy Information Administration Petroleum Marketing Annual 1996 3 Table 2. U.S. Refiner Prices of Petroleum Products to End Users (Cents per Gallon...

222

Energy Information Administration/Short-Term Energy Outlook - April 2005  

Gasoline and Diesel Fuel Update (EIA)

April 2005 April 2005 1 Short-Term Energy Outlook April 2005 2005 Summer Motor Gasoline Outlook (Figure 1) Gasoline prices in 2005 are projected to remain high, at an expected average of $2.28 per gallon for the April to September summer season, 38 cents above last summer. Similar high motor gasoline prices are expected through 2006. Monthly average prices are projected to peak at about $2.35 per gallon in May. Summer diesel fuel prices are expected to average $2.24 per gallon. As in 2004, the primary factor behind these price increases is crude oil costs. WTI, for example, is projected to average 37 cents per gallon higher than last summer. High world oil demand will continue to support crude oil prices and increase competition for

223

A nonparametric GARCH model of crude oil price return volatility  

Science Journals Connector (OSTI)

The use of parametric GARCH models to characterise crude oil price volatility is widely observed in the empirical literature. In this paper, we consider an alternative approach involving nonparametric method to model and forecast oil price return volatility. Focusing on two crude oil markets, Brent and West Texas Intermediate (WTI), we show that the out-of-sample volatility forecast of the nonparametric GARCH model yields superior performance relative to an extensive class of parametric GARCH models. These results are supported by the use of robust loss functions and the Hansen's (2005) superior predictive ability test. The improvement in forecasting accuracy of oil price return volatility based on the nonparametric GARCH model suggests that this method offers an attractive and viable alternative to the commonly used parametric GARCH models.

Aijun Hou; Sandy Suardi

2012-01-01T23:59:59.000Z

224

The Peak of the Oil Age Analyzing the world oil production Reference Scenario in World Energy Outlook 2008  

Science Journals Connector (OSTI)

The assessment of future global oil production presented in the IEAs World Energy Outlook 2008 (WEO 2008) is divided into 6 fractions; four relate to crude oil, one to non-conventional oil, and the final fraction is natural-gas-liquids (NGL). Using the production parameter, depletion-rate-of-recoverable-resources, we have analyzed the four crude oil fractions and found that the 75Mb/d of crude oil production forecast for year 2030 appears significantly overstated, and is more likely to be in the region of 55Mb/d. Moreover, analysis of the other fractions strongly suggests lower than expected production levels. In total, our analysis points to a world oil supply in 2030 of 75Mb/d, some 26Mb/d lower than the IEA predicts. The connection between economic growth and energy use is fundamental in the IEAs present modelling approach. Since our forecast sees little chance of a significant increase in global oil production, our findings suggest that the policy makers, investors and end users to whom WEO 2008 is addressed should rethink their future plans for economic growth. The fact that global oil production has very probably passed its maximum implies that we have reached the Peak of the Oil Age.

Kjell Aleklett; Mikael Hk; Kristofer Jakobsson; Michael Lardelli; Simon Snowden; Bengt Sderbergh

2010-01-01T23:59:59.000Z

225

Energy Information Administration/Short-Term Energy Outlook - April 2006  

Gasoline and Diesel Fuel Update (EIA)

6 6 1 April 2006 Short-Term Energy Outlook and Summer Fuels Outlook April 11, 2006 Release Contents Overview Global Petroleum Markets U.S. Petroleum Markets Motor Gasoline Diesel Fuel Natural Gas Markets Electricity Markets Coal Markets Overview Continued steady world oil demand growth, combined with only modest increases in world spare oil production capacity and the continuing risks of geopolitical instability, are expected to keep crude oil prices high through 2006. The price of West Texas Intermediate (WTI) crude oil is projected to average $65 per barrel in 2006 and $61 in 2007 (Figure 1. West Texas Intermediate Crude Oil Price). Retail regular gasoline prices are projected to average $2.50 per gallon in 2006 and $2.40 in

226

Annual Energy Outlook 2012  

Gasoline and Diesel Fuel Update (EIA)

36 Reference case Energy Information Administration Annual Energy Outlook 2012 6 Table A3. Energy prices by sector and source (2010 dollars per million Btu, unless otherwise...

227

OPEC Prices Make Heavy Oil Look Profitable  

Science Journals Connector (OSTI)

...barrels of heavy oil, a lighter...defined as any oil heavier than...flows into production lines at a profitable rate. Oil from the sands...strip-mine operations linked by...upgrading" equipment, in the industry...Ath-abaska field. Construction...summer. Its cost was $2...894 nerve gas ("Weteye...

ELIOT MARSHALL

1979-06-22T23:59:59.000Z

228

Annual Energy Outlook Forecast Evaluation - Tables  

Gasoline and Diesel Fuel Update (EIA)

Analysis Papers > Annual Energy Outlook Forecast Evaluation>Tables Analysis Papers > Annual Energy Outlook Forecast Evaluation>Tables Annual Energy Outlook Forecast Evaluation Download Adobe Acrobat Reader Printer friendly version on our site are provided in Adobe Acrobat Spreadsheets are provided in Excel Actual vs. Forecasts Formats Table 2. Total Energy Consumption Excel, PDF Table 3. Total Petroleum Consumption Excel, PDF Table 4. Total Natural Gas Consumption Excel, PDF Table 5. Total Coal Consumption Excel, PDF Table 6. Total Electricity Sales Excel, PDF Table 7. Crude Oil Production Excel, PDF Table 8. Natural Gas Production Excel, PDF Table 9. Coal Production Excel, PDF Table 10. Net Petroleum Imports Excel, PDF Table 11. Net Natural Gas Imports Excel, PDF Table 12. World Oil Prices Excel, PDF Table 13. Natural Gas Wellhead Prices

229

EIA-Annual Energy Outlook 2010  

Gasoline and Diesel Fuel Update (EIA)

Annual Energy Outlook 2010 The Annual Energy Outlook presents a projection and analysis of US energy supply, demand, and prices through 2035. The projections are based on results from the Energy Information Administration's National Energy Modeling System. The AEO2010 includes Reference case, additional cases examining alternative energy markets. Executive Summary Issues in Focus includes: Market Trends in Economic Activity No Sunset and Extended Policies cases Energy Demand Projections World oil prices and production trends in AEO2010 Electricity Projections Energy intensity trends in AEO2010 Oil and Natural Gas Projections Natural gas as a fuel for heavy trucks: Issues and incentives Coal Projections Factors affecting the relationship between crude oil and natural gas prices

230

On the relationship between world oil prices and GCC stock markets  

E-Print Network (OSTI)

On the relationship between world oil prices and GCC stock markets Mohamed El Hedi Arouri Associate ABSTRACT We provide comprehensive evidence on the relationship between oil prices and stock mar- kets to be more sensitive to negative than to positive oil shocks. Keywords: oil prices, stock markets, GCC

Paris-Sud XI, Université de

231

Annual Energy Outlook 2009 Early Release Summary Presentation  

Gasoline and Diesel Fuel Update (EIA)

Annual Energy Outlook 2009 Annual Energy Outlook 2009 Early Release Energy Information Administration December 17, 2008 www.eia.doe.gov 2 EIA Annual Energy Outlook 2009 Reference Case Presentation -- December 17, 2008 The economy, oil prices, resources, policies, and behavior drive the AEO2009 reference case * Long-term economic growth averages about 2.5 percent per year between 2007 and 2030 * World crude oil prices recover from a near-term decline and reach $130 per barrel (in 2007 dollars) by 2030 * A robust domestic natural gas resource base allows for a steady expansion of production given projected growth in demand and prices * Recently-enacted policies and concerns over greenhouse gas (GHG) emissions, combined with high energy prices, moderate projected growth in energy consumption and

232

Are oil prices going to remain volatile?  

Science Journals Connector (OSTI)

For numerous planning problems in industrial but also in private management the expectation of future energy prices remains a crucial parameter. On the basis ... a comprehensive demand/supply model for the world

Dr. F. Wirl

1985-04-01T23:59:59.000Z

233

Microsoft Word - Price Uncertainty Supplement.doc  

Gasoline and Diesel Fuel Update (EIA)

0 0 1 September 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 September 8, 2010 Release Crude Oil Prices. West Texas Intermediate (WTI) crude oil spot prices averaged about $77 per barrel in August 2010, very close to the July average, but $3 per barrel lower than projected in last month's Outlook. WTI spot prices averaged almost $82 per barrel over the first 10 days of August but then fell by $9 per barrel over the next 2 weeks as the market reacted to a series of reports of a stumbling economic recovery. EIA has lowered its average fourth quarter 2010 WTI spot price forecast to $77 per barrel, compared with $81 in last month's Outlook. WTI spot prices are projected to

234

Microsoft Word - Price Uncertainty Supplement.doc  

Gasoline and Diesel Fuel Update (EIA)

December 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 December 7, 2010 Release Crude Oil Prices. West Texas Intermediate (WTI) crude oil spot prices averaged over $84 per barrel in November, more than $2 per barrel higher than the October average. EIA has raised the average winter 2010-2011 period WTI spot price forecast by $1 per barrel from the last monthʹs Outlook to $84 per barrel. WTI spot prices rise to $89 per barrel by the end of next year, $2 per barrel higher than in the last Outlook. Projected WTI prices average $79 per barrel in 2010 and $86 per barrel in 2011. WTI futures for February 2011 delivery during the 5-day period ending December 2

235

Summary Statistics Table 1. Crude Oil Prices  

Annual Energy Outlook 2012 (EIA)

Energy Information Administration, Form FEA-P110-M-1, "Refiners' Monthly Cost Allocation Report," January 1978 through June 1978; Form ERA-49, "Domestic Crude Oil Entitlements...

236

Optimal operating strategies coping with uncertainties of world oil prices for China's strategic petroleum reserve  

Science Journals Connector (OSTI)

Since 2003, China has begun to establish its own strategic petroleum reserves (SPR) to strengthen its oil supply security. Due to the unpredictable feature of the oil supply interruption or sudden price rising, questions about operating the SPR become an important issue for China's policy makers. This paper analysed the operating strategies for China's SPR by developing a stochastic dynamic programming model, which considered uncertainties of the world oil prices and the construction process of China's SPR sites. Different situations, including normal world oil prices, short-term world oil price rising, continuously high world oil prices and continuously oil price decrease were considered and discussed. Optimal SPR operating strategies coping with uncertainties of world oil prices for China were derived and relevant policy implications were obtained. The influence effects on world oil price caused by the acquisition or drawdown actions of China's SPR were considered, too.

Xin Chen; Hailin Mu

2013-01-01T23:59:59.000Z

237

Using futures prices to filter short-term volatility and recover a latent, long-term price series for oil  

E-Print Network (OSTI)

Oil prices are very volatile. But much of this volatility seems to reflect short-term,transitory factors that may have little or no influence on the price in the long run. Many major investment decisions should be guided ...

Herce, Miguel Angel

2006-01-01T23:59:59.000Z

238

International Energy Outlook 2006 - World Energy and Economic Outlook  

Gasoline and Diesel Fuel Update (EIA)

1: World Energy and Economic Outlook 1: World Energy and Economic Outlook The IEO2006 projections indicate continued growth in world energy use, despite world oil prices that are 35 percent higher in 2025 than projected in last year’s outlook. Energy resources are thought to be adequate to support the growth expected through 2030. Figure 7. World Marketed Energy Consumption, 1980-2030 (Quadrillion Btu). Need help, contact the National Energy Information Center at 202-586-8800. Figure Data Figure 8. World Marketed Energy Use: OECD and Non-OECD, 1980-2030 (Quadrillion Btu). Need help, contact the National Energy Information Center at 202-586-8800. Figure Data Table 1. World Marketed Energy Consumption by Country Grouping, 2003-2030 (Quadrillion Btu) Printer friendly version Region 2003 2010 2015 2020 2025 2030 Average Annual Percent Change, 2003-2030

239

Annual Energy Outlook 2001  

Gasoline and Diesel Fuel Update (EIA)

Homepage Homepage Annual Energy Outlook 2001 With Projections to 2020 Preface The Annual Energy Outlook 2001 (AEO2001) presents midterm forecasts of energy supply, demand, and prices through 2020 prepared by the Energy Information Administration (EIA). The projections are based on results from EIA’s National Energy Modeling System (NEMS). The report begins with an “Overview” summarizing the AEO2001 reference case. The next section, “Legislation and Regulations,” discusses evolving legislative and regulatory issues. “Issues in Focus” discusses the macroeconomic projections, world oil and natural gas markets, oxygenates in gasoline, distributed electricity generation, electricity industry restructuring, and carbon dioxide emissions. It is followed by the analysis of energy market trends.

240

Short-Term Energy Outlook Supplement: Status of Libyan Loading Ports and Oil and Natural Gas Fields  

Gasoline and Diesel Fuel Update (EIA)

Short-Term Energy Outlook Supplement: Short-Term Energy Outlook Supplement: Status of Libyan Loading Ports and Oil and Natural Gas Fields Tuesday, September 10, 2013, 10:00AM EST Overview During July and August 2013, protests at major oil loading ports in the central-eastern region of Libya forced the complete or partial shut-in of oil fields linked to the ports. As a result of protests at ports and at some oil fields, crude oil production fell to 1.0 million barrels per day (bbl/d) in July and 600,000 bbl/d in August, although the production level at the end of August was far lower. At the end of August, an armed group blocked pipelines that connect the El Sharara and El Feel (Elephant) fields to the Zawiya and Mellitah export terminals, respectively, forcing the shutdown of those fields. El Sharara had been

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


241

Energy Information Administration/Short-Term Energy Outlook - June 2005  

Gasoline and Diesel Fuel Update (EIA)

5 5 1 Short-Term Energy Outlook June 2005 2005 Summer Motor Fuels Outlook Update (Figure 1) In May, while West Texas Intermediate (WTI) crude oil prices oscillated from the low $50s range to $47 and back again, retail gasoline prices declined steadily from about $2.24 per gallon at the beginning of the month to $2.10 on May 30. On June 6, average retail prices were $2.12 per gallon. Pump gasoline prices for the summer (April-September) are now projected to average $2.17 per gallon, similar to last month's projection but still about 26 cents per gallon above the year-ago level. Crude oil prices are expected to remain high enough to keep monthly average gasoline prices above $2.00 per gallon through 2006. The

242

International Energy Outlook 2006 - Highlights  

Gasoline and Diesel Fuel Update (EIA)

Highlights Highlights International Energy Outlook 2006 Highlights World energy consumption is projected to increase by 71 percent from 2003 to 2030. Fossil fuels continue to supply much of the energy used worldwide, and oil remains the dominant energy source. Figure 1. World Marketed Energy Consumption by Region, 1980-2030 (Quadrillion Btu). Need help, contact the National Energy Information Center at 202-586-8800. Figure Data In the International Energy Outlook 2006 (IEO2006) reference case, world marketed energy consumption increases on average by 2.0 percent per year from 2003 to 2030. Although world oil prices in the reference case, which remain between $47 and $59 per barrel (in real 2004 dollars), dampen the growth in demand for oil, total world energy use continues to increase as a

243

Oil Prices, Opec and the Poor Oil Consuming Countries  

Science Journals Connector (OSTI)

In 1950, the year O.P.E.C. (Organisation of Petroleum Exporting Countries) was formed, the world oil industry was dominated by a group of seven oligopolistic major international oil companies, who were collective...

Biplab Dasgupta

1976-01-01T23:59:59.000Z

244

Table 23. Domestic Crude Oil First Purchase Prices by API Gravity  

U.S. Energy Information Administration (EIA) Indexed Site

EIA-182, "Domestic Crude Oil First Purchase Report." 23. Domestic Crude Oil First Purchase Prices by API Gravity Energy Information Administration Petroleum Marketing Annual 1996...

245

Table 23. Domestic Crude Oil First Purchase Prices by API Gravity  

Gasoline and Diesel Fuel Update (EIA)

"Domestic Crude Oil First Purchase Report." 23. Domestic Crude Oil First Purchase Prices by API Gravity Energy Information Administration Petroleum Marketing Annual 1997...

246

Energy Information Administration/Short-Term Energy Outlook - January 2005  

Gasoline and Diesel Fuel Update (EIA)

January 2005 January 2005 1 Short-Term Energy Outlook January 2005 Winter Fuels Update (Figure 1) Consumer prices for heating fuels are relatively unchanged since the December Outlook, leaving projections for household heating fuel expenditures about the same as previously projected, despite continued warm weather in the middle of the heating season. Heating oil expenditures by typical Northeastern households are expected to average 30 percent above last winter's levels, with residential fuel oil prices averaging $1.82 per gallon for the October-to-March period. Expenditures for propane-heated households are expected to increase about 20 percent this winter.

247

Energy Information Administration/Short-Term Energy Outlook - February 2005  

Gasoline and Diesel Fuel Update (EIA)

February 2005 February 2005 1 Short-Term Energy Outlook February 2005 Winter Fuels Update (Figure 1) Despite some cold weather during the second half of January, expected average consumer prices for heating fuels this heating season are little changed since the January Outlook, leaving projections for household heating fuel expenditures about the same as previously reported. Heating oil expenditures by typical Northeastern households are expected to average 32 percent above last winter's levels, with residential fuel oil prices averaging $1.82 per gallon for the October-to-March period. Expenditures for propane-heated households are expected to increase about

248

Vehicle Technologies Office: Fact #742: August 27, 2012 Oil Price and  

NLE Websites -- All DOE Office Websites (Extended Search)

2: August 27, 2: August 27, 2012 Oil Price and Economic Growth to someone by E-mail Share Vehicle Technologies Office: Fact #742: August 27, 2012 Oil Price and Economic Growth on Facebook Tweet about Vehicle Technologies Office: Fact #742: August 27, 2012 Oil Price and Economic Growth on Twitter Bookmark Vehicle Technologies Office: Fact #742: August 27, 2012 Oil Price and Economic Growth on Google Bookmark Vehicle Technologies Office: Fact #742: August 27, 2012 Oil Price and Economic Growth on Delicious Rank Vehicle Technologies Office: Fact #742: August 27, 2012 Oil Price and Economic Growth on Digg Find More places to share Vehicle Technologies Office: Fact #742: August 27, 2012 Oil Price and Economic Growth on AddThis.com... Fact #742: August 27, 2012 Oil Price and Economic Growth

249

Wild oil prices, but brave stock markets! The case of GCC stock markets  

Science Journals Connector (OSTI)

Using a vector autoregression (VAR) analysis, this paper investigates the effect of the sharp increase in oil prices on stock market returns for five Gulf ... to 24 May, 2005. During this period oil price has bee...

Bashar Abu Zarour

250

EIA: High Oil Prices, GHG Controls Would Help Clean Energy Grow...  

Office of Energy Efficiency and Renewable Energy (EERE) Indexed Site

EIA: High Oil Prices, GHG Controls Would Help Clean Energy Grow EIA: High Oil Prices, GHG Controls Would Help Clean Energy Grow April 1, 2009 - 11:35am Addthis The growth of...

251

An empirical analysis of the price discovery function of Shanghai fuel oil futures market  

Science Journals Connector (OSTI)

This paper analyzes the role of price discovery of Shanghai fuel oil futures market by using methods, such ... there exists a strong relationship between the spot price of Huangpu fuel oil spot market and the fut...

Zhen Wang; Zhenhai Liu; Chao Chen

2007-08-01T23:59:59.000Z

252

Summary Statistics Table 1. Crude Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

"Monthly Foreign Crude Oil Acquisition Report"; and Form EIA-14, "Refiners' Monthly Cost Report." 0 6 12 18 24 30 J F M A M J J A S O N D 1998 Dollars per Barrel RAC First...

253

Oil price volatility and oil-related events: An Internet concern study perspective  

Science Journals Connector (OSTI)

Abstract Oil-related events have increased the uncertainty and complexity of the worldwide oil market. This paper investigates the effects of four types of oil-related events on world oil prices, using an event study methodology and an AR-GARCH model. The Internet information concerning these events, which is derived from search query volumes in Google, is introduced in an analytical framework to identify the magnitude and significance of the market response to oil-related events. The results indicate that world oil prices responding to different oil-related events display obvious differentiation. The cumulative abnormal returns, which reflect the influence of the global financial crisis, tend to drop first and then reverse and rise, while the cumulative abnormal returns induced by other oil-related events present a stronger persistent effect. The impact of the global financial crisis on oil price returns is significantly negative, while the impact of the Libyan war and hurricanes is significantly positive. However, the reactions of oil price returns to different OPEC production announcements are inconsistent.

Qiang Ji; Jian-Feng Guo

2015-01-01T23:59:59.000Z

254

Microsoft Word - Price Uncertainty Supplement.doc  

Gasoline and Diesel Fuel Update (EIA)

November 2010 November 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 November 9, 2010 Release Crude Oil Prices. WTI crude oil spot prices averaged almost $82 per barrel in October, about $7 per barrel higher than the September average, as expectations of higher oil demand pushed up prices. EIA has raised the average fourth quarter 2010 WTI spot price forecast to about $83 per barrel compared with $79 per barrel in last monthʹs Outlook. WTI spot prices rise to $87 per barrel by the fourth quarter of next year. Projected WTI prices average $79 per barrel in 2010 and $85 per barrel in 2011. WTI futures for January 2011 delivery (for the 5-day period ending November 4)

255

Microsoft Word - Price Uncertainty Supplement.doc  

Gasoline and Diesel Fuel Update (EIA)

0 0 1 July 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 July 7, 2010 Release Crude Oil Prices. WTI crude oil spot prices averaged $75.34 per barrel in June 2010 ($1.60 per barrel above the prior month's average), close to the $76 per barrel projected in the forecast in last month's Outlook. EIA projects WTI prices will average about $79 per barrel over the second half of this year and rise to $84 by the end of next year (West Texas Intermediate Crude Oil Price Chart). Energy price forecasts are highly uncertain, as history has shown (Energy Price Volatility and Forecast Uncertainty). WTI futures for September 2010 delivery for the

256

Summary of Important Terms PETROLEUM PRICES  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Important Terms Important Terms PETROLEUM PRICES Refiner acquisition cost of crude oil (RAC): The average monthly cost of crude oil to U.S. refiners, including transportation and fees. The composite cost is the weighted average of domestic and imported crude oil costs. Typically, the imported RAC is about $1.50 per barrel below the monthly average spot price of West Texas Intermediate (WTI) crude oil and is within about $0.20 per barrel of the average monthly spot price of Brent crude oil. Unless otherwise stated, the imported RAC is what is referred to in this report as the 'world oil price" or "average crude oil price." Retail motor gasoline prices: The average pump prices for gasoline reported in the Short-term Energy Outlook are derived from the Energy Information

257

Oil Prices, External Income, and Growth: Lessons from Jordan  

E-Print Network (OSTI)

. The theoretical model predicts real oil prices to be one of the main long-run drivers of real output. Using quarterly data between 1979 and 2009 on core macroeconomic variables for Jordan and a number of key foreign variables, we identify two long...

Mohaddes, Kamiar; Raissi, Mehdi

2011-12-08T23:59:59.000Z

258

Non-linearities in the dynamics of oil prices  

Science Journals Connector (OSTI)

Examining stationarity is of particular importance and represents the first step in empirical time-series research. Non-stationarity invalidates many of the results obtained from standard techniques and, therefore, requires special treatment. Because oil prices play an important role in affecting economic variables, this paper examines the stationarity of real oil prices (Brent, Dubai, WTI and the World) over the period 1973:22011:2. Real oil prices are expressed in the currencies of seven Asian countries (Indonesia, Japan, Korea, Malaysia, the Philippines, Singapore and Thailand) and in the U.S. dollar. While using linear unit root tests without structural breaks shows no evidence of stationarity, allowing for breaks shows very limited evidence of stationarity. We argue that these results are attributed to the presence of nonlinearities in the behavior of oil prices. Testing for nonlinearity shows significant evidence of nonlinearity in all the cases with evidence of exponential smooth transition autoregression (ESTAR) nonlinearity-type in most cases. Applying unit root tests that account for two types of nonlinearities (smooth transition and nonlinear deterministic trends) reveals evidence of stationarity in all the cases.

Khalid M. Kisswani; Salah A. Nusair

2013-01-01T23:59:59.000Z

259

The oil price really is a speculative bubble  

E-Print Network (OSTI)

The oil price really is a speculative bubble. Yet only recently has the U.S. Congress, for example, showed recognition that this might even be a possibility. In general there seems to be a preference for the claim that the ...

Eckaus, Richard S.

2008-01-01T23:59:59.000Z

260

Econometric Modelling of World Oil Supplies: Terminal Price and the Time to Depletion  

E-Print Network (OSTI)

This paper develops a novel approach by which to identify the price of oil at the time of depletion; the so-called terminal price of oil. It is shown that while the terminal price is independent of both GDP growth and the price elasticity of energy...

Mohaddes, Kamiar

2012-03-02T23:59:59.000Z

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


261

WTI Crude Oil Price: Base Case and 95% Confidence Interval  

Gasoline and Diesel Fuel Update (EIA)

6 6 Notes: Spot WTI crude oil prices broke $35 and even $36 per barrel in November as anticipated boosts to world supply from OPEC and other sources did not show up in actual stocks data. The recent decline in prices seems to be more the result of an unraveling of speculative pressures than a change in underlying fundamentals. Prices had been running higher than supply/demand fundamentals would have indicated throughout the fall months as a result of rising Mideast tensions, concern over the adequacy of distillate supplies, and expectations of Iraqi supply interruptions. But Mideast tensions seemed to ease in December and the market appeared to perceive a quick return of Iraqi crude oil supplies at full capacity. Pledges by Saudi Arabia/OPEC to offset a longer term Iraqi

262

Annual Energy Outlook 2001 - Overview  

Gasoline and Diesel Fuel Update (EIA)

Overview Overview Key Energy Issues to 2020 Prices Consumption Energy Intensity Electricity Generation Production and Imports Carbon Dioxide Emissions Key Energy Issues to 2020 Currently, most attention in energy markets is focused on near-term issues of world oil supply and prices, U.S. natural gas prices, and the transition to restructured electricity markets in several regions of the country. The Annual Energy Outlook 2001 (AEO2001) addresses the longer-term trends of electricity industry restructuring, fossil fuel supply and prices, and the impacts of economic growth on projected energy use and carbon dioxide emissions. AEO2001 does not project short-term events, such as supply disruptions or severe weather. The AEO2001 projections assume a transition to full competitive pricing of

263

Is There Evidence of Super Cycles in Oil Prices?* Abdel M. Zellou and John T. Cuddington**  

E-Print Network (OSTI)

Is There Evidence of Super Cycles in Oil Prices?* Abdel M. Zellou and John T. Cuddington** March 22: is there evidence of super cycles in crude oil prices? On one hand, one might expect the strong demand associated analysis suggests that there is strong evidence of super cycles in oil prices in the post-WWII period

264

OIL PRICE IMPACT ON FINANCIAL MARKETS: CO-SPECTRAL ANALYSIS FOR EXPORTING VERSUS IMPORTING COUNTRIES  

E-Print Network (OSTI)

OIL PRICE IMPACT ON FINANCIAL MARKETS: CO-SPECTRAL ANALYSIS FOR EXPORTING VERSUS IMPORTING://www.economie.polytechnique.edu/ mailto:chantal.poujouly@polytechnique.edu hal-00822070,version1-14May2013 #12;1 Oil price impact Khaled Guesmi3 Abstract The aim of this paper is to study the degree of interdependence between oil price

Boyer, Edmond

265

Oil and stock market activity when prices go up and down: the case of the oil and gas industry  

Science Journals Connector (OSTI)

We examine the asymmetric effects of daily oil price changes on equity returns, market betas, oil betas, return variances, and trading volumes for the US oil and gas industry. The responses of stock returns assoc...

Sunil K. Mohanty; Aigbe Akhigbe

2013-08-01T23:59:59.000Z

266

Unit root properties of crude oil spot and futures prices  

Science Journals Connector (OSTI)

In this article, we examine whether WTI and Brent crude oil spot and futures prices (at 1, 3 and 6 months to maturity) contain a unit root with one and two structural breaks, employing weekly data over the period 19912004. To realise this objective we employ Lagrange multiplier (LM) unit root tests with one and two endogenous structural breaks proposed by Lee and Strazicich [2003. Minimum Lagrange multiplier unit root test with two structural breaks. Review of Economics and Statistics, 85, 10821089; 2004. Minimum LM unit root test with one structural break. Working Paper no. 0417, Department of Economics, Appalachian State University]. We find that each of the oil price series can be characterised as a random walk process and that the endogenous structural breaks are significant and meaningful in terms of events that have impacted on world oil markets.

Svetlana Maslyuk; Russell Smyth

2008-01-01T23:59:59.000Z

267

Short-Term Energy Outlook - U.S. Energy Information Administration (EIA)  

Gasoline and Diesel Fuel Update (EIA)

Special Analysis Special Analysis + EXPAND ALL Feature Articles Status of Libyan Loading Ports and Oil and Natural Gas Fields September 2013 PDF EIA Estimates of Crude Oil and Liquid Fuels Supply Disruptions September 2013 PDF 2013 Outlook for Gulf of Mexico Hurricane-Related Production Outages June 2013 PDF Summer 2013 Outlook for Residential Electric Bills June 2013 PDF Key drivers for EIA's short-term U.S. crude oil production outlook February 2013 PDF Constraints in New England likely to affect regional energy prices this winter January 2013 PDF Change in STEO Regional and U.S. Degree Day Calculations September 2012 PDF Changes to Electricity and Renewables Tables August 2012 PDF Brent Crude Oil Spot Price Forecast July 2012 PDF 2012 Outlook for Hurricane-Related Production Outages in the Gulf of Mexico June 2012 PDF

268

Annual Energy Outlook 2012 - Energy Information Administration  

Gasoline and Diesel Fuel Update (EIA)

Annual Energy Outlook 2012 Annual Energy Outlook 2012 Release Date: June 25, 2012 | Next Early Release Date: December 5, 2012 | Report Number: DOE/EIA-0383(2012) Overview Data Reference Case Side Cases Interactive Table Viewer Topics Source Oil/Liquids Natural Gas Coal Electricity Renewable/Alternative Nuclear Sector Residential Commercial Industrial Transportation Energy Demand Other Emissions Prices Macroeconomic International Efficiency Publication Chapter Executive Summary Market Trends Issues in Focus Legislation & Regulations Comparison Appendices Annual Energy Outlook 2012 presents yearly projections and analysis of energy topics Download the complete June 2012 published report. Executive summary The projections in the U.S. Energy Information Administration's (EIA's) Annual Energy Outlook 2012 (AEO2012) focus on the factors that shape the

269

Annual Energy Outlook 2013 - Energy Information Administration  

Gasoline and Diesel Fuel Update (EIA)

Annual Energy Outlook 2013 Annual Energy Outlook 2013 Release Dates: April 15 - May 2, 2013 | Next Early Release Date: December 2013 (See release cycle changes) | correction | full report Overview Data Reference Case Side Cases Interactive Table Viewer Topics Source Oil/Liquids Natural Gas Coal Electricity Renewable/Alternative Nuclear Sector Residential Commercial Industrial Transportation Energy Demand Other Emissions Prices Macroeconomic International Efficiency Publication Chapter Market Trends Issues in Focus Legislation & Regulations Comparison Appendices Annual Energy Outlook 2013 presents yearly projections and analysis of energy topics Download the full report. The projections in the U.S. Energy Information Administration's (EIA's) Annual Energy Outlook 2013 (AEO2013) focus on the factors that shape the

270

Annual Energy Outlook 2013 - Energy Information Administration  

Gasoline and Diesel Fuel Update (EIA)

Annual Energy Outlook 2013 Annual Energy Outlook 2013 Release Dates: April 15 - May 2, 2013 | Next Early Release Date: December 2013 (See release cycle changes) | correction | full report Overview Data Reference Case Side Cases Interactive Table Viewer Topics Source Oil/Liquids Natural Gas Coal Electricity Renewable/Alternative Nuclear Sector Residential Commercial Industrial Transportation Energy Demand Other Emissions Prices Macroeconomic International Efficiency Publication Chapter Market Trends Issues in Focus Legislation & Regulations Comparison Appendices Annual Energy Outlook 2013 presents yearly projections and analysis of energy topics Download the full report. The projections in the U.S. Energy Information Administration's (EIA's) Annual Energy Outlook 2013 (AEO2013) focus on the factors that shape the

271

OPEC Prices Make Heavy Oil Look Profitable  

Science Journals Connector (OSTI)

...19 (Canadian) per barrel. He seemed...000 barrels a day by 1986. It will...underground in-to production wells, and will...heavy oil's day has come. Brian...of capital cost per SCIENCE, VOL. 204 barrel a day of production, conventional...

ELIOT MARSHALL

1979-06-22T23:59:59.000Z

272

Natural Gas Summary from the Short-Term Energy Outlook  

Gasoline and Diesel Fuel Update (EIA)

Summary from the Short-Term Energy Outlook Summary from the Short-Term Energy Outlook EIA Home > Natural Gas > Natural Gas Weekly Update Natural Gas Summary from the Short-Term Energy Outlook This summary is based on the most recent Short-Term Energy Outlook released May 6, 2002. EIA projects that natural gas wellhead prices will average $2.73 per MMBtu in 2002 compared with about $4.00 per MMBtu last year (Short-Term Energy Outlook, May 2002). This projection reflects the sharp increases in spot and near-term futures prices in recent weeks. Average wellhead prices have risen 38 percent from $2.14 per MMBtu in February to an estimated $2.96 in April. Spot prices at the Henry Hub have increased to an even greater extent, rising more than $1.50 per MMBtu since early February. The upward price trend reflects a number of influences, such as unusual weather patterns that have led to increased gas consumption, and tensions in the Middle East and rising crude oil prices. Other factors contributing to the recent price surge include the strengthening economy, the increased capacity and planned new capacity of gas-burning power plants, and concerns about the decline in gas-directed drilling.

273

Summer 2002 Motor Gasoline Outlook2.doc  

Gasoline and Diesel Fuel Update (EIA)

Summer 2002 Motor Gasoline Outlook Summary For the upcoming summer season (April to September 2002), rising average crude oil costs are expected to yield above -average seasonal gasoline price increases at the pump. However, year-over-year comparisons for pump prices are still likely to be lower this summer. Inventories are at higher levels than last year in April, so some cushion against early-season price spikes is in place and price levels are expected to range below last year's averages, assuming no unanticipated disruptions. Still, OPEC production restraint and tightening world oil markets now probably mark the end of the brief respite (since last fall) from two years of relatively high gasoline prices. * Retail gasoline prices (regular grade) are expected to average $1.46 per gallon, 5

274

International Energy Outlook 2006  

Gasoline and Diesel Fuel Update (EIA)

energy consumption is projected to increase by 71 percent from 2003 to 2030. energy consumption is projected to increase by 71 percent from 2003 to 2030. Fossil fuels continue to supply much of the energy used worldwide, and oil remains the dominant energy source. In the International Energy Outlook 2006 (IEO2006) ref- erence case, world marketed energy consumption increases on average by 2.0 percent per year from 2003 to 2030. Although world oil prices in the reference case, which remain between $47 and $59 per barrel (in real 2004 dollars), dampen the growth in demand for oil, total world energy use continues to increase as a result of robust economic growth. Worldwide, total energy use grows from 421 quadrillion British thermal units (Btu) in 2003 to 563 quadrillion Btu in 2015 and 722 quadrillion Btu in 2030 (Figure 1). The most rapid growth in energy demand from 2003 to 2030 is projected for nations outside the Organization

275

Dynamics of heating oil market prices in Europe  

Science Journals Connector (OSTI)

This paper concerns the German and French heating oil market and attempts to establish long- and short-term relationships between German and French monthly heating oil prices in dollars, the Rotterdam spot price for the same product and the DM/US$ and FF/US$ exchange rates during the period from January 1987 to December 1997. To model the market over the period under consideration, incorporating the Gulf War, we have used conventional unit root tests and sequential tests allowing structural changes. Long-term relationships, with shifts in regime detected by cointegration tests taking structural breaks into consideration, are estimated. The short-term dynamics defined by a vector error correction (VEC) mechanism is derived in a classic manner when in presence of a cointegrated VAR system. The econometric results obtained are commented on from an economic point of view. Weak exogeneity tests are performed and the conditional VEC model is deduced, enabling measurement of the instantaneous impact of variations in weakly exogenous exchange rates on variations in heating oil prices in Germany and France. Lastly, a study is made of the asymmetric reaction of domestic prices to positive and negative variations in exchange rates and the Rotterdam spot quotation.

J.P. Indjehagopian; F. Lantz; V. Simon

2000-01-01T23:59:59.000Z

276

Energy and Financial Markets Overview: Crude Oil Price Formation  

Gasoline and Diesel Fuel Update (EIA)

Richard Newell, Administrator Richard Newell, Administrator May 5, 2011 Energy and Financial Markets Overview: Crude Oil Price Formation EIA's Energy and Financial Markets Initiative 2 Richard Newell, May 5, 2011 * Collection of critical energy information to improve market transparency - improved petroleum storage capacity data - other improvements to data quality and coverage * Analysis of energy and financial market dynamics to improve understanding of what drives energy prices - internal analysis and sponsorship of external research * Outreach with other Federal agencies, experts, and the public - expert workshops - public sessions at EIA's energy conferences - solicitation of public comment on EIA's data collections

277

Exploring the WTI crude oil price bubble process using the Markov regime switching model  

Science Journals Connector (OSTI)

Abstract The sharp volatility of West Texas Intermediate (WTI) crude oil price in the past decade triggers us to investigate the price bubbles and their evolving process. Empirical results indicate that the fundamental price of WTI crude oil appears relatively more stable than that of the market-trading price, which verifies the existence of oil price bubbles during the sample period. Besides, by allowing the WTI crude oil price bubble process to switch between two states (regimes) according to a first-order Markov chain, we are able to statistically discriminate upheaval from stable states in the crude oil price bubble process; and in most of time, the stable state dominates the WTI crude oil price bubbles while the upheaval state usually proves short-lived and accompanies unexpected market events.

Yue-Jun Zhang; Jing Wang

2014-01-01T23:59:59.000Z

278

Microsoft Word - Price Uncertainty Supplement.doc  

Gasoline and Diesel Fuel Update (EIA)

March 2010 March 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 March 9, 2010 Release Crude Oil Prices. WTI crude oil spot prices averaged $76.39 per barrel in February 2010, almost $2 per barrel lower than the prior month's average and very near the $76 per barrel forecast in last month's Outlook. Last month, the WTI spot price reached a low of $71.15 on February 5 and peaked at $80.04 on February 22. EIA expects WTI prices to average above $80 per barrel this spring, rising to an average of about $82 per barrel by the end of the year and to $85 per barrel by the end of 2011 (West Texas Intermediate Crude Oil Price Chart).

279

Microsoft Word - Price Uncertainty Supplement .docx  

Gasoline and Diesel Fuel Update (EIA)

1 1 1 January 2011 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 January 11, 2011 Release Crude Oil Prices. West Texas Intermediate (WTI) crude oil spot prices averaged over $89 per barrel in December, about $5 per barrel higher than the November average. Expectations of higher oil demand, combined with unusually cold weather in both Europe and the U.S. Northeast, contributed to prices. EIA has raised the first quarter 2011 WTI spot price forecast by $8 per barrel from last monthʹs Outlook to $92 per barrel with a continuing rise to an average $99 per barrel in the fourth quarter of 2012. The projected annual average WTI price is $93 per barrel in 2011 and $98 per barrel in

280

Status and outlook for shale gas and tight oil development in the U.S.  

Gasoline and Diesel Fuel Update (EIA)

for for IEA Bilateral Meetings March 14, 2013 | Paris, France by Adam Sieminski, Administrator Annual Energy Outlook 2013 projections to 2040 2 * Growth in energy production outstrips consumption growth * Crude oil production rises sharply over the next decade * Motor gasoline consumption reflects more stringent fuel economy standards * The U.S. becomes a net exporter of natural gas in the early 2020s * U.S. energy-related carbon dioxide emissions remain below their 2005 level through 2040 Adam Sieminski, IEA Bilateral Meetings, March 14, 2013 U.S. energy use grows slowly over the projection reflecting improving energy efficiency and slow, extended economic recovery 3 0 20 40 60 80 100 120 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 2040

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


281

Status and outlook for shale gas and tight oil development in the U.S.  

Gasoline and Diesel Fuel Update (EIA)

Washington Association of Money Managers Washington Association of Money Managers April 18, 2013 | Washington, DC By Adam Sieminski, Administrator U.S. Shale Gas 2 Adam Sieminski , WAMM, April 18, 2013 An average well in shale gas and other continuous resource plays has steep decline curves Adam Sieminski , WAMM, April 18, 2013 3 0 500 1,000 1,500 2,000 0 5 10 15 20 Haynesville Eagle Ford Woodford Marcellus Fayetteville million cubic feet per year Source: EIA, Annual Energy Outlook 2012 1 0% 50% 100% 0 5 10 15 20 Cumulative production = EUR Oil production by monthly vintage of wells in the Williston Basin - production grows with continued drilling Adam Sieminski , WAMM, April 18, 2013

282

Status and outlook for shale gas and tight oil development in the U.S.  

Gasoline and Diesel Fuel Update (EIA)

IFRI IFRI March 14, 2013 | Paris, France by Adam Sieminski, Administrator Annual Energy Outlook 2013 projections to 2040 2 * Growth in energy production outstrips consumption growth * Crude oil production rises sharply over the next decade * Motor gasoline consumption reflects more stringent fuel economy standards * The U.S. becomes a net exporter of natural gas in the early 2020s * U.S. energy-related carbon dioxide emissions remain below their 2005 level through 2040 Adam Sieminski , IFRI March 14, 2013 U.S. energy use grows slowly over the projection reflecting improving energy efficiency and slow, extended economic recovery 3 U.S. primary energy consumption quadrillion Btu Adam Sieminski , IFRI March 14, 2013 History Projections 2011 36% 20%

283

Status and outlook for shale gas and tight oil development in the U.S.  

Gasoline and Diesel Fuel Update (EIA)

FLAME Natural Gas & LNG Conference FLAME Natural Gas & LNG Conference March 13, 2013 | Amsterdam, Netherlands by Adam Sieminski, Administrator Annual Energy Outlook 2013 projections to 2040 2 * Growth in energy production outstrips consumption growth * Crude oil production rises sharply over the next decade * Motor gasoline consumption reflects more stringent fuel economy standards * The U.S. becomes a net exporter of natural gas in the early 2020s * U.S. energy-related carbon dioxide emissions remain below their 2005 level through 2040 Adam Sieminski , FLAME March 13, 2013 U.S. energy use grows slowly over the projection reflecting improving energy efficiency and slow, extended economic recovery 3 0 20 40 60 80 100 120 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 2040

284

Status and outlook for shale gas and tight oil development in the U.S.  

Gasoline and Diesel Fuel Update (EIA)

Baltimore Chartered Financial Analyst Society Baltimore Chartered Financial Analyst Society April 08, 2013 | Baltimore, MD By Adam Sieminski, Administrator Annual Energy Outlook 2013 projections to 2040 2 * Growth in energy production outstrips consumption growth * Crude oil production rises sharply over the next decade * Motor gasoline consumption reflects more stringent fuel economy standards * The U.S. becomes a net exporter of natural gas in the early 2020s * U.S. energy-related carbon dioxide emissions remain below their 2005 level through 2040 Adam Sieminski, Baltimore CFA Society April 08, 2013 U.S. energy use grows slowly over the projection reflecting improving energy efficiency and slow, extended economic recovery 3 0 20 40 60 80 100 120 1980 1985 1990 1995 2000 2005 2010 2015 2020 2025 2030 2035 2040

285

Status and outlook for shale gas and tight oil development in the U.S.  

Gasoline and Diesel Fuel Update (EIA)

Platts - North American Crude Marketing Conference Platts - North American Crude Marketing Conference March 01, 2013 | Houston, TX by Adam Sieminski, Administrator Annual Energy Outlook 2013 projections to 2040 Adam Sieminski , Platts, March 01, 2013 2 * Growth in energy production outstrips consumption growth * Crude oil production rises sharply over the next decade * Motor gasoline consumption reflects more stringent fuel economy standards * The U.S. becomes a net exporter of natural gas in the early 2020s * U.S. energy-related carbon dioxide emissions remain below their 2005 level through 2040 U.S. energy use grows slowly over the projection reflecting improving energy efficiency and slow, extended economic recovery 3 U.S. primary energy consumption quadrillion Btu

286

Vehicle Technologies Office: Fact #495: November 12, 2007 Oil Price and  

NLE Websites -- All DOE Office Websites (Extended Search)

5: November 12, 5: November 12, 2007 Oil Price and Economic Growth, 1971-2006 to someone by E-mail Share Vehicle Technologies Office: Fact #495: November 12, 2007 Oil Price and Economic Growth, 1971-2006 on Facebook Tweet about Vehicle Technologies Office: Fact #495: November 12, 2007 Oil Price and Economic Growth, 1971-2006 on Twitter Bookmark Vehicle Technologies Office: Fact #495: November 12, 2007 Oil Price and Economic Growth, 1971-2006 on Google Bookmark Vehicle Technologies Office: Fact #495: November 12, 2007 Oil Price and Economic Growth, 1971-2006 on Delicious Rank Vehicle Technologies Office: Fact #495: November 12, 2007 Oil Price and Economic Growth, 1971-2006 on Digg Find More places to share Vehicle Technologies Office: Fact #495: November 12, 2007 Oil Price and Economic Growth, 1971-2006 on

287

Energy dependence, oil prices and exchange rates: the Dominican economy since 1990  

Science Journals Connector (OSTI)

This paper studies the impact that oil prices have had on the floating exchange rate ... these two variables for large developed economies and oil-producing countries, always including the 1970s oil crises in the...

Diego Mndez-Carbajo

2011-04-01T23:59:59.000Z

288

Interrelations between the dynamics of oil prices and demand: Contemporary characteristics  

Science Journals Connector (OSTI)

The article shows that the unprecedented rise in oil prices was in recent years accompanied by an increase in oil consumption. The author considers the growth that was seen in the magnitude of oil sales despite m...

V. O. Yun

2009-11-01T23:59:59.000Z

289

1. (F11PR) You are given: Year Oil Forward Price Zero Coupon ...  

E-Print Network (OSTI)

Apr 23, 2013 ... The price of 2 year oil swap which provides two barrels of oil at the end of one year and five barrels of oil at the end of two years is 137.60.

Jeff Beckley

2013-04-23T23:59:59.000Z

290

International Energy Outlook 2000 - Highlights  

Gasoline and Diesel Fuel Update (EIA)

bullet1.gif (843 bytes) To Forecasting Home Page bullet1.gif (843 bytes) To Forecasting Home Page bullet1.gif (843 bytes) EIA Homepage HIGHLIGHTS World energy consumption is projected to increase by 60 percent from 1997 to 2020. Recent price developments in world oil markets and economic recovery in Southeast Asia have altered projections relative to last year’s report. In the reference case projections for the International Energy Outlook 2000 (IEO2000), world energy consumption increases by 60 percent over a 23-year forecast period, from 1997 to 2020. Energy use worldwide increases from 380 quadrillion British thermal units (Btu) in 1997 to 608 quadrillion Btu in 2020 (Figure 2 and Table 1). Many developments in 1999 are reflected in this year’s outlook. Shifting short-term world oil markets, the beginnings

291

Oil price shocks and their short-and long-term effects on the Chinese economy Weiqi Tang a  

E-Print Network (OSTI)

Oil price shocks and their short- and long-term effects on the Chinese economy Weiqi Tang a , Libo-correction model Oil-price shocks Price transmission mechanisms Investment Output Producer/consumer price index of oil-price shocks for the developed economies. However, there has been a lack of similar empirical

Matthews, Adrian

292

Microsoft Word - Price Probabilities Supplement.doc  

Gasoline and Diesel Fuel Update (EIA)

0 0 1 April 2010 Short-Term Energy Outlook Supplement: Probabilities of Possible Future Prices 1 EIA introduced a monthly analysis of energy price volatility and forecast uncertainty in the October 2009 Short-Term Energy Outlook (STEO). Included in the analysis were charts portraying confidence intervals around the New York Mercantile Exchange (NYMEX) futures prices of West Texas Intermediate (equivalent to light sweet crude oil) and Henry Hub natural gas contracts. The March 2010 STEO added another set of charts listing the probability of the future realized price exceeding or falling below given price levels (see Figures 1A and 1B for West Texas Intermediate crude oil price probabilities). These charts are also available as spreadsheets allowing users to input their own prices to

293

Forecasting Model for Crude Oil Price Using Artificial Neural Networks and Commodity Futures Prices  

E-Print Network (OSTI)

This paper presents a model based on multilayer feedforward neural network to forecast crude oil spot price direction in the short-term, up to three days ahead. A great deal of attention was paid on finding the optimal ANN model structure. In addition, several methods of data pre-processing were tested. Our approach is to create a benchmark based on lagged value of pre-processed spot price, then add pre-processed futures prices for 1, 2, 3,and four months to maturity, one by one and also altogether. The results on the benchmark suggest that a dynamic model of 13 lags is the optimal to forecast spot price direction for the short-term. Further, the forecast accuracy of the direction of the market was 78%, 66%, and 53% for one, two, and three days in future conclusively. For all the experiments, that include futures data as an input, the results show that on the short-term, futures prices do hold new information on the spot price direction. The results obtained will generate comprehensive understanding of the cr...

Kulkarni, Siddhivinayak

2009-01-01T23:59:59.000Z

294

WTI Crude Oil Price: Base Case and 95% Confidence Interval  

Gasoline and Diesel Fuel Update (EIA)

9 9 Notes: Spot WTI prices broke $35 and even $36 per barrel in November as anticipated boosts to world supply from OPEC and other sources did not show up in actual stocks data. The recent decline in prices seems to be more the result of an unraveling of speculative pressures than a change in underlying fundamentals. Prices had been running higher than supply/demand fundamentals would have indicated throughout the fall months as a result of rising Mideast tensions, concern over the adequacy of distillate supplies, and expectations of Iraqi supply interruptions. But Mideast tensions seemed to ease in December and the market appeared to perceive a quick return of Iraqi crude oil supplies at full capacity. Pledges by Saudi Arabia/OPEC to offset a longer term Iraqi

295

Volume 29, Issue 2 On the short-term influence of oil price changes on stock markets in gcc  

E-Print Network (OSTI)

Volume 29, Issue 2 On the short-term influence of oil price changes on stock markets Rouen & LEO Abstract This paper examines the short-run relationships between oil prices and GCC stock to oil price shocks. To account for the fact that stock markets may respond nonlinearly to oil price

Paris-Sud XI, Université de

296

Estimating the effect of future oil prices on petroleum engineering project investment yardsticks.  

E-Print Network (OSTI)

did not reflect the true volatility in crude oil prices. The name posted oil price was derived from a sheet that was posted in a producing field. The WTI price data were collected from Energy Information Administration (EIA) website25. EIA... projects; we correlated historical expenses data with oil price. Figs. 3.3 and 3.4 are graphs of the production and drilling costs correlations with oil price. The historical oilfield drilling and production data was taken from EIA website and the Energy...

Mendjoge, Ashish V

2004-09-30T23:59:59.000Z

297

Macroeconomic effects of high oil prices on the Swiss economy: 2003??2008  

Science Journals Connector (OSTI)

In this paper, we examine the macroeconomic impact of the high oil price era between 2003 and mid-2008 on the Swiss economy. Using a medium-scale disequilibrium macroeconometric model, we focus not only on the effects of oil prices on the real GDP growth but also on their effects on demand-side components, prices, labour market and capacity output. Our simulation results indicate that high oil prices still had a non-negligible negative impact on economic performance despite the observed above average real economic growth rates. We have also found that an accommodative monetary policy might help in smoothing the negative effects of oil price shocks.

Erdal Atukeren

2011-01-01T23:59:59.000Z

298

Can oil prices help estimate commodity futures prices? The cases of copper and silver  

Science Journals Connector (OSTI)

There is an extensive literature on modeling the stochastic process of commodity futures. It has been shown that models with several risk factors are able to adequately fit both the level and the volatility structure of observed transactions with reasonable low errors. One of the characteristics of commodity futures markets is the relatively short term maturity of their contracts, typically ranging for only a few years. This poses a problem for valuing long term investments that require extrapolating the observed term structure. There has been little work on how to effectively do this extrapolation and in measuring its errors. Cortazar et al. (2008b) propose a multicommodity model that jointly estimates two commodities, one with much longer maturity futures contracts than the other, showing that futures prices of one commodity may be useful information for estimating the stochastic process of another. They implement the procedure using highly correlated commodities like WTI and Brent. In this paper we analyze using prices of long term oil futures contracts to help estimate long term copper and silver future prices. We start by analyzing the performance of the Cortazar et al. (2008b) multicommodity model, now applied to oil-copper and oil-silver which have much lower correlation than the WTIBrent contracts. We show that for these commodities with lower correlation the multicommodity model seems not to be effective. We then propose a modified multicommodity model with a much simpler structure which is easier to estimate and that uses the non-stationary long term process of oil to help estimate long term copper and silver futures prices, achieving a much better fit than using available individual or multicommodity models.

Gonzalo Cortazar; Francisco Eterovic

2010-01-01T23:59:59.000Z

299

Short-Term Energy Outlook June 2013  

Gasoline and Diesel Fuel Update (EIA)

1 1 June 2013 Short-Term Energy Outlook (STEO) Highlights * After increasing to $119 per barrel in early February 2013, the Brent crude oil spot price fell to a low of $97 per barrel in mid-April and then recovered to an average of $103 per barrel in May. EIA expects that the Brent crude oil spot price will average $102 per barrel over the second half of 2013, and $100 per barrel in 2014. * EIA expects the price of regular gasoline will average $3.53 per gallon over the summer driving season (April through September). The annual average regular gasoline retail price is projected to decline from $3.63 per gallon in 2012 to $3.49 per gallon in 2013 and to $3.37 per gallon in 2014. Energy price forecasts are highly uncertain, and the current values of

300

Economically rational expectations theory: evidence from the WTI oil price survey data  

E-Print Network (OSTI)

Economically rational expectations theory: evidence from the WTI oil price survey data Georges PRAT are not conclusive regarding this hypothesis. Moosa and Al- Loughani (1994) find that futures prices on the WTI of whether or not expectations are rational unsolved. Using private WTI oil price expectations revealed

Paris-Sud XI, Université de

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


301

Energy Information Administration/Short-Term Energy Outlook - October 2005  

Gasoline and Diesel Fuel Update (EIA)

5 5 1 October 2005 Short-Term Energy Outlook and Winter Fuels Outlook October 12, 2005 Release (Next Update: November 8, 2005) Overview Warnings from previous Outlooks about the potential adverse impacts of an active hurricane season on domestic energy supply and prices are unfortunately being reflected in the challenging realities brought about by Hurricanes Katrina and Rita. The impact of the hurricanes on oil and natural gas production, oil refining, natural gas processing, and pipeline systems have further strained already-tight natural gas and petroleum product markets on the eve of the 2005-2006 heating season (October through March). This combined Short-Term Energy and Winter Fuels Outlook provides a current view of domestic energy supply and

302

Short-Term Energy and Winter Fuels Outlook October 2013  

Gasoline and Diesel Fuel Update (EIA)

and Winter Fuels Outlook October 2013 1 and Winter Fuels Outlook October 2013 1 October 2013 Short-Term Energy and Winter Fuels Outlook (STEO) Highlights  EIA projects average U.S. household expenditures for natural gas and propane will increase by 13% and 9%, respectively, this winter heating season (October 1 through March 31) compared with last winter. Projected U.S. household expenditures are 2% higher for electricity and 2% lower for heating oil this winter. Although EIA expects average expenditures for households that heat with natural gas will be significantly higher than last winter, spending for gas heat will still be lower than the previous 5-year average (see EIA Short-Term Energy and Winter Fuels Outlook slideshow).  Brent crude oil spot prices fell from a recent peak of $117 per barrel in early September to

303

Short Term Energy Outlook, December 2002  

Gasoline and Diesel Fuel Update (EIA)

December 2002 December 2002 1 Short-Term Energy Outlook December 2002 Overview World Oil Markets: Average crude oil prices fell by about $2.50 per barrel between October and November in response to continued high production levels from OPEC 10 countries (Figure 1). However, by the end of November oil prices had risen to end-October levels as concerns over the situations in Iraq and Venezuela pushed prices up. Oil inventories, which are currently in the lower portion of the previous 5-year range, are poised to rise to more comfortable levels soon if OPEC output continues at or above current levels. OPEC is considering cutbacks from current levels. Heating Fuels Update. As in October, weather was m uch colder than normal in November, boosting

304

Oil prices and exchange rates in oil-exporting countries: evidence from TAR and M-TAR models  

Science Journals Connector (OSTI)

The paper studies the long-run relation and short-run dynamics between real oil prices and real exchange rates in a sample of 13 oil-exporting countries. The purpose of the study ... countries, we also find that ...

Hassan Mohammadi; Mohammad R. Jahan-Parvar

2012-07-01T23:59:59.000Z

305

Microsoft Word - Price Uncertainty Supplement.doc  

Gasoline and Diesel Fuel Update (EIA)

April 2010 April 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 April 6, 2010 Release Crude Oil Prices. WTI crude oil spot prices averaged $81 per barrel in March 2010, almost $5 per barrel above the prior month's average and $3 per barrel higher than forecast in last month's Outlook. Oil prices rose from a low this year of $71.15 per barrel on February 5 to $80 per barrel by the end of February, generally on news of robust economic and energy demand growth in non-OECD Asia and the Middle East, and held near $81 until rising to $85 at the start of April. EIA expects WTI prices to average above $81 per barrel this summer, slightly less that $81 for 2010 as a whole,

306

Annual Energy Outlook 2013  

Gasoline and Diesel Fuel Update (EIA)

Energy Outlook Oil and Gas Strategies Summit May 21, 2014 | New York, NY By Adam Sieminski, EIA Administrator The U.S. has experienced a rapid increase in natural gas and oil...

307

Regional Balanced Growth in Italy and the Increase in Oil Prices  

Science Journals Connector (OSTI)

The recent rise in fuel prices has had many diverse consequences both for ... while to enquire into the effect that the oil price rise may have on regional development within ... precisely that, namely, to determ...

Murray Brown; Maurizio Di Palma

1976-01-01T23:59:59.000Z

308

EIA - Annual Energy Outlook 2007 with Projections to 2030  

Gasoline and Diesel Fuel Update (EIA)

7 7 International Energy Outlook 2007 The International Energy Outlook 2007 report is available in PDF format only and can be viewed at: http://www.eia.gov/oiaf/ieo/index.html http://www.eia.gov/oiaf/ieo/pdf/0484(2007).pdf Summary tables are available in PDF format at: Appendix A. Reference Case Appendix B. High Economic Growth Case Appendix C. Low Economic Growth Case Appendix D. High World Oil Price Case Appendix E. Low World Oil Price Case Appendix F. Reference Case Projections by End Use Appendix G. Projections of Petroleum and Other Liquids Productions in Three Cases Appendix H. Reference Case Projections for Electricity Capacity and Generation by Fuel The International Energy Outlook 2006 Report has been archived and is available at: http://www.eia.gov/oiaf/archive/ieoarchive.html

309

Vehicle Technologies Office: Fact #267: May 12, 2003 Oil Price Relationship  

NLE Websites -- All DOE Office Websites (Extended Search)

7: May 12, 2003 7: May 12, 2003 Oil Price Relationship to Economic Growth in the United States, 1970-2002 to someone by E-mail Share Vehicle Technologies Office: Fact #267: May 12, 2003 Oil Price Relationship to Economic Growth in the United States, 1970-2002 on Facebook Tweet about Vehicle Technologies Office: Fact #267: May 12, 2003 Oil Price Relationship to Economic Growth in the United States, 1970-2002 on Twitter Bookmark Vehicle Technologies Office: Fact #267: May 12, 2003 Oil Price Relationship to Economic Growth in the United States, 1970-2002 on Google Bookmark Vehicle Technologies Office: Fact #267: May 12, 2003 Oil Price Relationship to Economic Growth in the United States, 1970-2002 on Delicious Rank Vehicle Technologies Office: Fact #267: May 12, 2003 Oil Price

310

Investor Flows and the 2008 Boom/Bust in Oil Prices  

Gasoline and Diesel Fuel Update (EIA)

Investor Investor Flows and Speculation New Evidence on Investor Flows and Oil Prices References Investor Flows and the 2008 Boom/Bust in Oil Prices Kenneth J. Singleton Graduate School of Business Stanford University August, 2011 Introduction Investor Flows and Speculation New Evidence on Investor Flows and Oil Prices References Investor Flows, Speculation, and Oil Prices The role of speculation (broadly construed) in the dramatic rise and subsequent sharp decline in oil prices during 2008? Many attribute these swings to changes in fundamentals of supply and demand, within representative agent models. At the same time there is mounting evidence of the "financialization" of commodity markets. Objective: investigate the impact of investor flows and financial market conditions on crude-oil futures prices. Introduction Investor Flows and Speculation New Evidence on

311

Microsoft Word - Price Uncertainty Supplement.doc  

Gasoline and Diesel Fuel Update (EIA)

October 2010 October 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 October 13, 2010 Release Crude Oil Prices. WTI oil prices averaged $75 per barrel in September but rose above $80 at the end of the month and into early October. EIA has raised the average fourth- quarter 2010 forecasted WTI spot price to $79 per barrel compared with $77 per barrel in last monthʹs Outlook. WTI spot prices are projected to rise to $85 per barrel by the fourth quarter of next year. As has been the case for most of 2010, WTI futures traded with a notable lack of volatility during the third quarter of 2010 (Figure 1). However, prices did bounce in

312

Spot Prices for Crude Oil and Petroleum Products  

U.S. Energy Information Administration (EIA) Indexed Site

Spot Prices Spot Prices (Crude Oil in Dollars per Barrel, Products in Dollars per Gallon) Period: Daily Weekly Monthly Annual Download Series History Download Series History Definitions, Sources & Notes Definitions, Sources & Notes Product by Area 12/09/13 12/10/13 12/11/13 12/12/13 12/13/13 12/16/13 View History Crude Oil WTI - Cushing, Oklahoma 97.1 98.32 97.25 97.21 96.27 97.18 1986-2013 Brent - Europe 110.07 108.91 109.47 108.99 108.08 110.3 1987-2013 Conventional Gasoline New York Harbor, Regular 2.677 2.698 2.670 2.643 2.639 2.650 1986-2013 U.S. Gulf Coast, Regular 2.459 2.481 2.429 2.398 2.377 2.422 1986-2013 RBOB Regular Gasoline Los Angeles 2.639 2.661 2.569 2.543 2.514 2.527 2003-2013 No. 2 Heating Oil New York Harbor

313

The Study on Oil Prices Effect on International Gas Prices Based on Using Wavelet Based Boltzmann Cooperative Neural Network  

Science Journals Connector (OSTI)

In this paper, we build up WBNNK model based on wavelet-based cooperative Boltzmann neural network and kernel density estimation. The international oil prices time series is decomposed into approximate components...

Xiazi Yi; Zhen Wang

2013-01-01T23:59:59.000Z

314

Energy Information Administration/Short-Term Energy Outlook - July 2005  

Gasoline and Diesel Fuel Update (EIA)

July 2005 July 2005 1 Short-Term Energy Outlook July 2005 2005 Summer Motor Fuels Outlook Update (Figure 1) Retail regular-grade gasoline prices moved up from about $2.12 per gallon at the beginning of June to $2.33 on July 11. Gasoline pump prices for the summer (April-September) are now projected to average $2.25 per gallon, 8 cents per gallon higher than last month's projection and about 35 cents per gallon above the year-ago level. Crude oil prices are expected to remain high enough to keep quarterly average gasoline prices above $2.20 per gallon through 2006. The projected average for retail diesel this summer is $2.33 per gallon, up about 56 cents per gallon from last summer. Nationally, annual average diesel fuel prices

315

On the relationship between the prices of oil and the precious metals  

E-Print Network (OSTI)

/US dollar exchange rates, the S&P500 equity indices, and the prices of WTI crude oil and the precious metals

Boyer, Edmond

316

The level crossing analysis of German stock market index (DAX) and daily oil price time series  

E-Print Network (OSTI)

The level crossing analysis of DAX and oil price time series are given. We determine the average frequency of positive-slope crossings, $\

Shayeganfar, F; Peinke, J; Tabar, M Reza Rahimi

2010-01-01T23:59:59.000Z

317

Essays on the volatility and spillover effects of oil and food price shocks.  

E-Print Network (OSTI)

??This thesis comprises five self contained but related essays on the volatility and spillover effects of oil and food price shocks, making contributions to the (more)

Alom, Fardous

2012-01-01T23:59:59.000Z

318

The short-term effect of the movement of the USD on oil prices.  

E-Print Network (OSTI)

??The effect of the changes in the US dollar (USD) on oil prices was examined in several trials. An indexed value of the USD and (more)

Wells, Lauren E.

2009-01-01T23:59:59.000Z

319

The informational content of oil and natural gas prices in energy fund performance  

Science Journals Connector (OSTI)

This paper explores whether the informational content of oil and gas prices has an impact on energy mutual fund returns. We first re-visit the relationship between oil and gas prices and energy index returns; our findings confirm that better energy index performance is associated with oil and gas price increases. Using the Fama and MacBeth (1973) two-stage regressions, we find that the information contained in oil and gas prices also plays a significant role in explaining energy mutual fund returns, making these an alternative investment to direct energy stock investments.

Viet Do; Tram Vu

2012-01-01T23:59:59.000Z

320

The relative effects of crude oil price and exchange rate on petroleum product prices: Evidence from a set of Northern Mediterranean countries  

Science Journals Connector (OSTI)

Abstract This paper provides a set of empirical evidence from five Northern Mediterranean countries that are subject to similar refinery reference prices regarding the relative sensitivity of crude oil prices and exchange rate on (pre-tax) petroleum product prices. The empirical evidence reveals that a one percent increase in exchange rate (depreciation) increases petroleum product prices less than a one percent increase in crude oil prices does in the long run. In the short run, however, a one percent increase in exchange rate increases petroleum product prices more than a one percent increase in crude oil prices does.

M. Hakan Berument; Afsin Sahin; Serkan Sahin

2014-01-01T23:59:59.000Z

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


321

The Impact of Oil Prices on the Air Transportation Industry  

E-Print Network (OSTI)

......................................................................................................................................14 2 FUEL PRICE IMPACT ON AIRLINE OPERATIONS .......................................................................................16 2.1 FUEL EFFICIENCY AND FUEL PRICE..............................................................................................................................29 2.7 UNDERSTANDING FUEL PRICE IMPACTS THROUGH AIRLINE INTERVIEWS

Hill, Wendell T.

322

WTI Crude Oil Prices Are Expected To Remain Relatively High Through At  

Gasoline and Diesel Fuel Update (EIA)

5 5 Notes: As we just saw, one of the primary factors impacting gasoline price is the crude oil price. This graph shows monthly average spot West Texas Intermediate crude oil prices. Spot WTI crude oil prices broke $36 per barrel in November briefly as anticipated boosts to world supply from OPEC and other sources did not show up in actual stocks data. Crude oil prices are expected to be about $30 per barrel for the rest of this year, but note the uncertainty bands on this projection. They give an indication of how difficult it is to know what these prices are going to do. Also, EIA does not forecast volatility. This relatively flat forecast could be correct on average, with wide swings around the base line. With the EIA forecast for crude prices staying high this year,

323

International Energy Outlook 2001 - Highlights  

Gasoline and Diesel Fuel Update (EIA)

To Forecasting Home Page EIA Homepage Highlights picture of a printer Printer Friendly Version (PDF) World energy consumption is projected to increase by 59 percent from 1999 to 2020. Much of the growth in worldwide energy use is expected in the developing world in the IEO2001 reference case forecast. In the reference case projections for the International Energy Outlook 2001 (IEO2001), world energy consumption is projected to increase by 59 percent over a 21-year forecast horizon, from 1999 to 2020. Worldwide energy use grows from 382 quadrillion British thermal units (Btu) in 1999 to 607 quadrillion Btu in 2020 (Figure 2 and Table 1). Many developments in 2000 influenced this year’s outlook, including persistently high world oil prices, stronger than anticipated economic recovery in southeast Asia, and

324

World oil prices and O.E.C.D. trade balance  

Science Journals Connector (OSTI)

This paper develops a theoretical model which postulates that while the drop in oil prices during the 1980s has benefitted O.E. ... favorable productivity shock, the concomitant shift in oil market share from Ara...

Dominick Salvatore; Greg Winczewski

1990-01-01T23:59:59.000Z

325

Influence of oil prices on stock market indexes in Russia and Norway  

Science Journals Connector (OSTI)

The effects of oil price dynamics on share quotations are discussed in ... paper for the 20002012 period for two oil exporting countriesRussia and Norway. It has ... , that, in spite of intuitive expectations,

I. A. Kopytin

2014-01-01T23:59:59.000Z

326

EIA - Annual Energy Outlook 2011 - overview  

Gasoline and Diesel Fuel Update (EIA)

Annual Energy Outlook 2011 Annual Energy Outlook 2011 Release Date: April 26, 2011 | Next Early Release Date: January 23, 2012 | Report Number: DOE/EIA-0383(2011) Overview Data Reference Case Side Cases Interactive Table Viewer Topics Source Oil/Liquids Natural Gas Coal Electricity Renewable/Alternative Nuclear Sector Residential Commercial Industrial Transportation Energy Demand Other Emissions Prices Macroeconomic International Efficiency Publication Chapter Changes from Previous AEO Executive Summary Market Trends Issues in Focus Legislation & Regulations Comparison Appendices Annual Energy Outlook 2011 presents yearly projections and analysis of energy topics Download the complete April 2011 published report. Changes from previous AEO2010 Significant update of the technically recoverable U.S. shale gas

327

EIA - Annual Energy Outlook 2011 - overview  

Gasoline and Diesel Fuel Update (EIA)

Annual Energy Outlook 2011 Annual Energy Outlook 2011 Release Date: April 26, 2011 | Next Early Release Date: January 23, 2012 | Report Number: DOE/EIA-0383(2011) Overview Data Reference Case Side Cases Interactive Table Viewer Topics Source Oil/Liquids Natural Gas Coal Electricity Renewable/Alternative Nuclear Sector Residential Commercial Industrial Transportation Energy Demand Other Emissions Prices Macroeconomic International Efficiency Publication Chapter Changes from Previous AEO Executive Summary Market Trends Issues in Focus Legislation & Regulations Comparison Appendices Annual Energy Outlook 2011 presents yearly projections and analysis of energy topics Download the complete April 2011 published report. Changes from previous AEO2010 Significant update of the technically recoverable U.S. shale gas

328

Refining Crude Oil - Energy Explained, Your Guide To Understanding Energy -  

Gasoline and Diesel Fuel Update (EIA)

Oil and Petroleum Products > Refining Crude Oil Oil and Petroleum Products > Refining Crude Oil Energy Explained - Home What Is Energy? Forms of Energy Sources of Energy Laws of Energy Units and Calculators Energy Conversion Calculators British Thermal Units (Btu) Degree-Days U.S. Energy Facts State and U.S. Territory Data Use of Energy In Industry For Transportation In Homes In Commercial Buildings Efficiency and Conservation Energy and the Environment Greenhouse Gases Effect on the Climate Where Emissions Come From Outlook for Future Emissions Recycling and Energy Nonrenewable Sources Oil and Petroleum Products Refining Crude Oil Where Our Oil Comes From Imports and Exports Offshore Oil and Gas Use of Oil Prices and Outlook Oil and the Environment Gasoline Where Our Gasoline Comes From Use of Gasoline Prices and Outlook

329

Short Term Energy Outlook, March 2003  

Gasoline and Diesel Fuel Update (EIA)

3 3 1 Short-Term Energy Outlook March 2003 Overview World Oil Markets. February crude oil prices moved higher than expected pushed by fears of a war in Iraq, low inventories, slow recovery in Venezuelan exports, continued cold weather and sharply higher natural gas prices in the United States. West Texas Intermediate prices averaged close to $36 for the month (Figure 1), a level not seen since October 1990. Oil inventories continued lower through the month resulting in a cumulative reduction in total commercial stocks of 101 million barrels since September 30, 2002, the beginning of the heating season. Total OECD inventories reached an estimated 2,424 million barrels at the end of February, which would be the lowest level since

330

Heavy Fuel Oil Prices for Electricity Generation - EIA  

Gasoline and Diesel Fuel Update (EIA)

Heavy Fuel Oil Prices for Electricity Generation for Selected Countries1 Heavy Fuel Oil Prices for Electricity Generation for Selected Countries1 U.S. Dollars per Metric Ton2 Country 2001 2002 2003 2004 2005 2006 2007 2008 2009 Argentina NA NA NA NA NA NA NA NA NA Australia NA NA NA NA NA NA NA NA NA Austria 83.0 96.4 146.4 153.3 182.2 226.1 220.3 342.3 248.3 Barbados NA NA NA NA NA NA NA NA NA Belgium 155.1 160.4 - - - - - - - - - - - - - - Bolivia NA NA NA NA NA NA NA NA NA Brazil NA NA NA NA NA NA NA NA NA Canada 115.7 117.8 180.4 141.5 198.4 222.4 NA NA NA Chile NA NA NA NA NA NA NA NA NA China NA NA NA NA NA NA NA NA NA Chinese Taipei (Taiwan) NA NA NA NA NA NA NA NA NA Colombia NA NA NA NA NA NA NA NA NA Cuba NA NA NA 183.4 NA NA NA NA NA

331

Prices of robustness and reblending in oil industry Stefan Janaqi.* Jorge Aguilera*. Meriam Chbre**  

E-Print Network (OSTI)

Prices of robustness and reblending in oil industry Stefan Janaqi.* Jorge Aguilera*. Meriam Chébre. In this paper we present a method to calculate the prices of robustness and reblending through a robust real-time optimization method for the on-line linear oil blending process. Our approach places this problem in a wider

Paris-Sud XI, Université de

332

Fact #579: July 13, 2009 Oil Price and Economic Growth, 1970-2008  

Energy.gov (U.S. Department of Energy (DOE))

Major oil price shocks have disrupted world energy markets five times in the past 30 years 1973-74, 1979-80, 1990-1991, 1999-2000 and again in 2008. Most of the oil price shocks were followed by...

333

A stochastic optimization model for gas retail with temperature scenarios and oil price parameters  

Science Journals Connector (OSTI)

......seller; the purchase price fixed by the shipper...whereas sell and purchase prices do not change during the...cooking or for cooking and heating, or for commercial activities...consider the influence of oil prices on the energy-related......

F. Maggioni; M. Bertocchi; R. Giacometti; M. T. Vespucci; M. Innorta; E. Allevi

2010-04-01T23:59:59.000Z

334

prices | OpenEI  

Open Energy Info (EERE)

prices prices Dataset Summary Description This dataset comes from the Energy Information Administration (EIA), and is part of the 2011 Annual Energy Outlook Report (AEO2011). This dataset is Table 12, and contains only the reference case. The dataset uses 2009 dollars per gallon. The data is broken down into crude oil prices, residential, commercial, industrial, transportation, electric power and refined petroleum product prices. Source EIA Date Released April 26th, 2011 (3 years ago) Date Updated Unknown Keywords 2011 AEO EIA Petroleum prices Data application/vnd.ms-excel icon AEO2011: Petroleum Product Prices- Reference Case (xls, 129.9 KiB) Quality Metrics Level of Review Peer Reviewed Comment Temporal and Spatial Coverage Frequency Annually Time Period 2008-2035

335

Short Term Energy Outlook, February 2003  

Gasoline and Diesel Fuel Update (EIA)

3 3 1 Short-Term Energy Outlook February 2003 Overview World Oil Markets. World oil markets will likely remain tight through most of 2003, as petroleum inventories and global spare production capacity continue to dwindle amid blasts of cold weather and constrained output from Venezuela. OPEC efforts to increase output to make up for lower Venezuela output has reduced global spare production capacity to only 2 million barrels per day, leaving little room to make up for unexpected supply or demand surprises. Meanwhile, the average West Texas Intermediate (WTI) crude oil price increased by $3.50 to $33 per barrel from December to January (Figure 1). For the year 2003, WTI oil prices are expected to remain over $30 per barrel, even though Venezuelan output appears to be moving toward normal sooner than expected. Also,

336

Short-Term Energy Outlook July 2013  

Gasoline and Diesel Fuel Update (EIA)

1 1 July 2013 Short-Term Energy Outlook (STEO) Highlights  The U.S. Energy Information Administration (EIA) expects that the Brent crude oil spot price will average $102 per barrel over the second half of 2013, and $100 per barrel in 2014. This forecast assumes there are no disruptions to energy markets arising from the recent unrest in Egypt. After increasing to $119 per barrel in early February 2013, the Brent crude oil spot price fell to a low of $97 per barrel in mid-April and then recovered to an average of $103 per barrel in May and June, about the same as its average over the same two-month period last year.  The discount of West Texas Intermediate (WTI) crude oil to Brent crude oil, which averaged $18 per barrel in 2012 and increased to a monthly average of more than $20 per barrel in

337

International Energy Outlook 2007  

Gasoline and Diesel Fuel Update (EIA)

marketed energy consumption is projected to increase by 57 percent marketed energy consumption is projected to increase by 57 percent from 2004 to 2030. Total energy demand in the non-OECD countries increases by 95 percent, compared with an increase of 24 percent in the OECD countries. In the IEO2007 reference case-which reflects a scenario where current laws and policies remain unchanged throughout the projection period-world marketed energy consumption is projected to grow by 57 percent over the 2004 to 2030 period. Total world energy use rises from 447 quadrillion British thermal units (Btu) in 2004 to 559 quadrillion Btu in 2015 and then to 702 qua- drillion Btu in 2030 (Figure 1). Global energy demand grows despite the relatively high world oil and natural gas prices that are projected to persist into the mid-term outlook. The most rapid growth in energy demand from 2004 to 2030 is projected for nations outside

338

International Energy Outlook  

Gasoline and Diesel Fuel Update (EIA)

Highlights Highlights International Energy Outlook 2004 Highlights World energy consumption is projected to increase by 54 percent from 2001 to 2025. Much of the growth in worldwide energy use is expected in the developing world in the IEO2004 reference case forecast. Figure 2. World Marketed Energy Consumption, 1970-2025 (Quadrillion Btu). Having Problems, call the National Energy Information Center at 202-586-8600. Figure Data Figure 3. World Marketed Energy Consumption by Region, 1970-2025 (Quadrillion Btu). Having problems, call the National Energy Information Center at 202-586-8600. Figure Data Figure 4. Comparison of 2003 and 2004 World Oil Price Projections, 1970-2025 (2002 Dollars per Barrel). Figure Data Figure 5. World Marketed Energy Consumption by Energy Source, 1970-2025 (Quadrilliion Btu). Need help, call the National Energy Information Center at 202-596-8600.

339

Annual Energy Outlook 2006 with Projections to 2030  

Gasoline and Diesel Fuel Update (EIA)

Issues Issues in Focus Introduction This section of the AEO provides in-depth discussions on topics of special interest that may affect the projec- tions, including significant changes in assumptions and recent developments in technologies for energy production, energy consumption, and emissions con- trols. With world oil prices escalating in recent years, this year's discussions place special emphasis on world oil prices, including a discussion of EIA's world oil price outlook, the impact of higher world oil prices on economic growth, and changing trends in the U.S. refinery industry. AEO2006 extends the AEO projections to 2030 for the first time. An important uncertainty with a longer projection time horizon concerns the development and implementation of various technologies. Accord- ingly, this section includes a discussion of those tech- nologies that, if successful, could

340

U.S. Energy Information Administration | Annual Energy Outlook 2013  

Gasoline and Diesel Fuel Update (EIA)

1 1 U.S. Energy Information Administration | Annual Energy Outlook 2013 1 Table C1. Total energy supply, disposition, and price summary (quadrillion Btu per year, unless otherwise noted) Supply, disposition, and prices 2011 Projections 2020 2030 2040 Low oil price Reference High oil price Low oil price Reference High oil price Low oil price Reference High oil price Production Crude oil and lease condensate .................... 12.16 15.22 15.95 16.61 11.89 13.47 15.07 9.99 13.12 14.63 Natural gas plant liquids ................................ 2.88 3.98 4.14 4.24 3.79 3.85 3.99 3.69 3.89 4.08 Dry natural gas .............................................. 23.51 26.44 27.19 27.61 28.09 30.44 31.87 30.91 33.87 36.61 Coal 1 ............................................................. 22.21

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


341

Daily prediction of short-term trends of crude oil prices using neural networks exploiting multimarket dynamics  

Science Journals Connector (OSTI)

This paper documents a systematic investigation on the predictability of short-term trends of crude oil prices on a daily basis. In stark contrast with longer-term predictions of crude oil prices, short-term pred...

Heping Pan; Imad Haidar; Siddhivinayak Kulkarni

2009-06-01T23:59:59.000Z

342

Annual Energy Outlook with Projections to 2025 - Issues in Focus  

Gasoline and Diesel Fuel Update (EIA)

Issues in Focus Issues in Focus Annual Energy Outlook 2005 Issues in Focus Introduction This section of the Annual Energy Outlook provides in-depth discussions of topics related to specific assumptions underlying the reference case forecast. In particular, the discussions focus on new methods or data that have led to significant changes in modeling approaches for the reference case. In addition, this section provides a more detailed examination of alternative cases. World Oil Price Cases World oil prices in AEO2005 are set in an environment where the members of OPEC are assumed to act as the dominant producers, with lower production costs than other supply regions or countries. Non-OPEC oil producers are assumed to behave competitively, producing as much oil as they can profitability extract at the market price for oil. As a result, the OPEC member countries will be able effectively to set the price of oil when they can act in concert by varying their aggregate production. Alternatively, OPEC members could target a fixed level of production and let the world market determine the price.

343

An Econometric Analysis of the Relationship among the U.S. Ethanol, Corn and Soybean Sectors, and World Oil Prices.  

E-Print Network (OSTI)

??This thesis aimed to investigate the relationships among the following variables: U.S. corn prices, U.S. ethanol production, U.S. soybean prices and world oil prices. After (more)

Savernini, Maira Q. M.

2009-01-01T23:59:59.000Z

344

EIA - Annual Energy Outlook 2013 Early Release  

Gasoline and Diesel Fuel Update (EIA)

Annual Energy Outlook 2013 Annual Energy Outlook 2013 Release Dates: April 15 - May 2, 2013 | Next Early Release Date: December 16, 2013 (See release cycle changes) | correction | full report Overview Data Reference Case Side Cases Interactive Table Viewer Topics Source Oil/Liquids Natural Gas Coal Electricity Renewable/Alternative Nuclear Sector Residential Commercial Industrial Transportation Energy Demand Other Emissions Prices Macroeconomic International Efficiency Publication Chapter Market Trends Issues in Focus Legislation & Regulations Comparison Appendices Table Title Formats Summary Reference Case Tables Year-by-Year Reference Case Tables Table 1. Total Energy Supply and Disposition Summary Table 2. Energy Consumption by Sector and Source Table 3. Energy Prices by Sector and Source Table 4. Residential Sector Key Indicators and Consumption

345

EIA - Annual Energy Outlook 2013 Early Release  

Gasoline and Diesel Fuel Update (EIA)

Annual Energy Outlook 2013 Annual Energy Outlook 2013 Release Dates: April 15 - May 2, 2013 | Next Early Release Date: December 2013 (See release cycle changes) | correction | full report Overview Data Reference Case Side Cases Interactive Table Viewer Topics Source Oil/Liquids Natural Gas Coal Electricity Renewable/Alternative Nuclear Sector Residential Commercial Industrial Transportation Energy Demand Other Emissions Prices Macroeconomic International Efficiency Publication Chapter Market Trends Issues in Focus Legislation & Regulations Comparison Appendices Table Title Formats Summary Reference Case Tables Year-by-Year Reference Case Tables Table 1. Total Energy Supply and Disposition Summary Table 2. Energy Consumption by Sector and Source Table 3. Energy Prices by Sector and Source Table 4. Residential Sector Key Indicators and Consumption

346

OIL AND NATURAL GAS PRICES: TOGETHER AGAIN? 1 Prakash Loungani (International Monetary Fund)  

E-Print Network (OSTI)

Crude oil and natural gas are important energy sources. Their prices in the U.S. are volatile and nominal rigidity does not play an important role. In addition, the law of one price between German and the U.S. markets holds quite well in the sense that the relative price exhibits stationarity. However, the natural gas prices in the two markets have diverged recently. We show that this is due to structural changes in the U.S. natural gas market rather than long term based contract prices in Germany. Nonetheless we conjecture future recovery of the law of one price.

Akito Matsumoto (international Monetary Fund

347

On the shortterm influence of oil price changes on stock markets in GCC countries: linear and nonlinear analyses  

E-Print Network (OSTI)

1 On the shortterm influence of oil price changes on stock markets in GCC countries the short-run relationships between oil prices and GCC stock markets. Since GCC countries are major world energy market players, their stock markets may be susceptible to oil price shocks. To account

Paris-Sud XI, Université de

348

Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels June 11, 2008 - 1:30pm Addthis Secretary of Energy Samuel W. Bodman and Secretary of Agriculture Edward T. Schafer sent a letter on June 11, 2008 to Senator Jeff Bingaman addressing a number of questions related to biofuels, food, and gasoline and diesel prices. Read the letter. Without Biofuels, Gas Prices Would Increase $.20 to $.35 per Gallon. The U.S. Department of Energy (DOE) estimates that gasoline prices would be between 20 cents to 35 cents per gallon higher without ethanol1, a first-generation biofuel. For a typical household, that means saving about $150 to $300 per year. For the U.S. overall, this saves gas expenditures of $28 billion to

349

Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels  

Energy.gov (U.S. Department of Energy (DOE)) Indexed Site

Gas Prices and Oil Consumption Would Increase Without Gas Prices and Oil Consumption Would Increase Without Biofuels Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels June 11, 2008 - 1:30pm Addthis Secretary of Energy Samuel W. Bodman and Secretary of Agriculture Edward T. Schafer sent a letter on June 11, 2008 to Senator Jeff Bingaman addressing a number of questions related to biofuels, food, and gasoline and diesel prices. Read the letter. Without Biofuels, Gas Prices Would Increase $.20 to $.35 per Gallon. The U.S. Department of Energy (DOE) estimates that gasoline prices would be between 20 cents to 35 cents per gallon higher without ethanol1, a first-generation biofuel. For a typical household, that means saving about $150 to $300 per year. For the U.S. overall, this saves gas expenditures of $28 billion to

350

Product Price Spreads Over Crude Oil Vary With Seasons and Supply/Demand  

Gasoline and Diesel Fuel Update (EIA)

6 6 Notes: Of course, petroleum product prices don't move in lockstep to crude oil prices, for a number of reasons. We find it useful to look at variations in the spread between product and crude oil prices, in this case comparing spot market prices for each. The difference between heating oil and crude oil spot prices tends to vary seasonally; that is, it's generally higher in the winter, when demand for distillate fuels is higher due to heating requirements, and lower in the summer. (Gasoline, as we'll see later, generally does the opposite.) However, other factors affecting supply and demand, including the relative severity of winter weather, can greatly distort these "typical" seasonal trends. As seen on this chart, the winters of 1995-96 and 1996-97 featured

351

Annual Energy Outlook Forecast Evaluation - Tables  

Gasoline and Diesel Fuel Update (EIA)

Annual Energy Outlook Forecast Evaluation Annual Energy Outlook Forecast Evaluation Actual vs. Forecasts Available formats Excel (.xls) for printable spreadsheet data (Microsoft Excel required) PDF (Acrobat Reader required) Table 2. Total Energy Consumption HTML, Excel, PDF Table 3. Total Petroleum Consumption HTML, Excel, PDF Table 4. Total Natural Gas Consumption HTML, Excel, PDF Table 5. Total Coal Consumption HTML, Excel, PDF Table 6. Total Electricity Sales HTML, Excel, PDF Table 7. Crude Oil Production HTML, Excel, PDF Table 8. Natural Gas Production HTML, Excel, PDF Table 9. Coal Production HTML, Excel, PDF Table 10. Net Petroleum Imports HTML, Excel, PDF Table 11. Net Natural Gas Imports HTML, Excel, PDF Table 12. Net Coal Exports HTML, Excel, PDF Table 13. World Oil Prices HTML, Excel, PDF

352

Annual Energy Outlook Forecast Evaluation - Tables  

Gasoline and Diesel Fuel Update (EIA)

Annual Energy Outlook Forecast Evaluation Table 2. Total Energy Consumption, Actual vs. Forecasts Table 3. Total Petroleum Consumption, Actual vs. Forecasts Table 4. Total Natural Gas Consumption, Actual vs. Forecasts Table 5. Total Coal Consumption, Actual vs. Forecasts Table 6. Total Electricity Sales, Actual vs. Forecasts Table 7. Crude Oil Production, Actual vs. Forecasts Table 8. Natural Gas Production, Actual vs. Forecasts Table 9. Coal Production, Actual vs. Forecasts Table 10. Net Petroleum Imports, Actual vs. Forecasts Table 11. Net Natural Gas Imports, Actual vs. Forecasts Table 12. Net Coal Exports, Actual vs. Forecasts Table 13. World Oil Prices, Actual vs. Forecasts Table 14. Natural Gas Wellhead Prices, Actual vs. Forecasts Table 15. Coal Prices to Electric Utilities, Actual vs. Forecasts

353

Short Term Energy Outlook ,November 2002  

Gasoline and Diesel Fuel Update (EIA)

November 2002 November 2002 1 Short-Term Energy Outlook November 2002 Overview World Oil Markets: During the past 3-4 months, OPEC 10 production has risen more quickly than projected, thus reducing upward pressure on prices. More specifically, while the West Texas Intermediate (WTI) crude oil spot price averaged $28.84 in October, about $6.70 per barrel above the year-ago level (Figure 1), the WTI average price for fourth quarter 2002 is now projected to soften to $28.20, which is about $2 per barrel below our fourth-quarter projection from last month. Meanwhile, OECD inventory levels, which are now approaching 5 -year lows, should begin to rise over the next few months as additional supplies reach markets, and return to the middle of their observed range by spring.

354

EIA - International Energy Outlook 2008-Liquid Fuels  

Gasoline and Diesel Fuel Update (EIA)

Liquid Fuels Liquid Fuels International Energy Outlook 2008 Chapter 2 - Liquid Fuels World liquids consumption increases from 84 million barrels per day in 2005 to 99 million barrels per day in 2030 in the IEO2008 high price case. In the reference case, which reflects a price path that departs significantly from prices prevailing in the first 8 months of 2008, liquids use rises to 113 million barrels per day in 2030. Figure 26. World Liquids Production in the Reference Case, 1990-2030 (Million Barrels Oil Equivalent per Day). Need help, contact the National Energy Information Center at 202-586-8800. Figure Data Figure 27. World Production of Unconventional Liquid Fuels, 2005-2030 (Million Barrels Oil Equivalent per Day). Need help, contact the National Energy Information Center at 202-586-8800.

355

Effects of a fall in the price of oil: the case of a small oil-exporting country  

Science Journals Connector (OSTI)

This chapter explores the macroeconomic effects on the Norwegian economy of a large fall in the price of oil. The chapter is a condensed version of...et al...1986). Our analysis is divided into three parts. In Se...

Kjeel Berger; dne Cappelen; Vidar Knudsen

1988-01-01T23:59:59.000Z

356

Annual Energy Outlook 2013  

Annual Energy Outlook 2012 (EIA)

oil and natural gas outlook IAEE International Conference June 16, 2014 | New York, NY By Adam Sieminski, EIA Administrator The U.S. has experienced a rapid increase in natural gas...

357

Short-Term Energy Outlook - U.S. Energy Information Administration (EIA)  

U.S. Energy Information Administration (EIA) Indexed Site

Market Prices and Uncertainty Report Market Prices and Uncertainty Report This is a regular monthly supplement to the EIA Short-Term Energy Outlook. Contact: James Preciado (James.Preciado@eia.gov) Full Report Crude Oil Prices: International crude oil benchmarks moved higher in November, showing their first month-over-month increase since August, while U.S. crude oil prices moved higher during the first week of December. The North Sea Brent front month futures price settled at $110.98 per barrel on December 5, an increase of $5.07 per barrel since its close on November 1 (Figure 1). The West Texas Intermediate (WTI) front month futures contract rose $2.77 per barrel compared to November 1, settling at $97.38 per barrel on December 5. Figure 1: Historical crude oil front month futures prices

358

An assessment of oil supply and its implications for future prices  

Science Journals Connector (OSTI)

This paper examines three issues related to both the U.S. and world oil supply: (1) the nature of the ... be the primary source of U.S. oil imports; and (3) the cyclic behavior of oil prices. it shows that U.S. p...

Danilo J. Santini

1998-06-01T23:59:59.000Z

359

International Energy Outlook 2013  

Gasoline and Diesel Fuel Update (EIA)

E E Low Oil Price case projections * World energy consumption * Gross domestic product This page inTenTionally lefT blank 217 U.S. Energy Information Administration | International Energy Outlook 2013 Low Oil Price case projections Table E1. World total primary energy consumption by region, Low Oil Price case, 2009-2040 (quadrillion Btu) Region History Projections Average annual percent change, 2010-2040 2009 2010 2015 2020 2025 2030 2035 2040 OECD OECD Americas 117.0 120.2 122.3 128.2 132.1 135.5 140.0 146.7 0.7 United States a 94.9 97.9 97.9 101.6 102.9 103.6 105.3 108.8 0.4 Canada 13.7 13.5 14.4 15.2 16.2 17.1 17.8 18.6 1.1 Mexico/Chile 8.4 8.8 10.0 11.4 12.9 14.8 16.8 19.3 2.7 OECD Europe 80.0 82.5 83.1 88.0 91.8 94.7 97.4 100.0 0.6 OECD Asia 37.7 39.6 41.1 44.7 46.6 47.9 49.0 49.7 0.8 Japan 21.0 22.1 22.0 23.6 24.3 24.4 24.4 23.9

360

International Energy Outlook 2013  

Gasoline and Diesel Fuel Update (EIA)

D D High Oil Price case projections * World energy consumption * Gross domestic product This page inTenTionally lefT blank 209 U.S. Energy Information Administration | International Energy Outlook 2013 High Oil Price case projections Table D1. World total primary energy consumption by region, High Oil Price case, 2009-2040 (quadrillion Btu) Region History Projections Average annual percent change, 2010-2040 2009 2010 2015 2020 2025 2030 2035 2040 OECD OECD Americas 117.0 120.2 119.5 124.2 128.2 131.8 136.7 144.7 0.6 United States a 94.9 97.9 96.0 99.4 100.9 101.4 103.0 107.3 0.3 Canada 13.7 13.5 13.9 14.3 15.3 16.4 17.6 19.0 1.1 Mexico/Chile 8.4 8.8 9.6 10.5 12.0 14.0 16.1 18.5 2.5 OECD Europe 80.0 82.5 80.5 83.3 86.3 88.6 90.5 92.3 0.4 OECD Asia 37.7 39.6 39.3 41.1 42.4 43.5 44.3 44.5 0.4 Japan 21.0 22.1 21.0 21.6 21.9 22.0 21.8 21.0

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


361

Worldwide outlook clouded by market slump of late 1993  

SciTech Connect

Excess production and production capacity reasserted their influence in worldwide petroleum markets last year, pushing crude oil prices to their lowest levels since before the Persian Gulf crisis. The development ended the relative price stability that has characterized the period since the crisis ended in January 1991. One of the major questions now being asked is whether there has been a downward shift in the seasonal range of crude prices. In the near future, OPEC's degree of success in balancing the market will be a key to prices. Another is politics in the Middle East. If it were not for a United Nations embargo, the market would have another 2--3 million b/d of oil supply--from Iraq. The paper discusses worldwide demand, economic trends, the supply in 1993, the supply outlook, prices, and international drilling activities.

Beck, R.J.

1994-01-31T23:59:59.000Z

362

Fact #859 February 9, 2015 Excess Supply is the Most Recent Event to Affect Crude Oil Prices  

Energy.gov (U.S. Department of Energy (DOE))

Crude oil prices have been extremely volatile over the past few decades. World events can disrupt the flow of oil to the market or cause uncertainty about future supply or demand for oil, leading...

363

A reexamination of the crude oil price-unemployment relationship in the United States  

SciTech Connect

This study begins by asking whether fluctuations in the price of crude oil have affected employment and the rate of unemployment in the US. After reviewing previous assessments of the issue, the existence of an empirical relationship between the rate of unemployment and crude oil price volatility is established using Granger causality. Subsequently, the nature of the relationship is estimated with the results suggesting that at least three full years are required before the measurable impact of a percentage change in the real price of crude oil on the change in unemployment is exhausted. Finally, the structural stability of the functional relationship between the change in unemployment and the volatility of the price of crude oil and the percentage change in gross national product is examined.

Uri, N.D. [Economic Research Service, Washington, DC (United States). Natural Resources and Environment Div.; Boyd, R. [Ohio Univ., Athens, OH (United States). Dept. of Economics

1996-04-01T23:59:59.000Z

364

The impact of crude-oil price volatility on agricultural employment in the United States  

SciTech Connect

This study focuses on the impact of fluctuations in the price of crude oil on agricultural employment in the United States. After reviewing previous assessments of the issue, the existence of an empirical relationship between agricultural employment and crude oil price volatility is established using Granger causality. Subsequently, the nature of the relationship is estimated with the results suggesting that at least three full years are required before the measurable impacts of a percentage change in the real price of crude oil on the change in agricultural employment are exhausted. Finally, the structural stability of the functional relationship between the change in agricultural employment and the volatility of the price of crude oil, the percentage changes in expected net farm income, realized technological innovation, and the wage rate is examined.

Uri, N.D. [Dept. of Agriculture, Washington, DC (United States)

1995-12-31T23:59:59.000Z

365

Table 42. Residual Fuel Oil Prices by PAD District and State  

Gasoline and Diesel Fuel Update (EIA)

55.1 47.1 W W 55.1 46.2 See footnotes at end of table. 42. Residual Fuel Oil Prices by PAD District and State Energy Information Administration Petroleum...

366

Did speculative activities contribute to high crude oil prices during 1993 to 2008?  

Science Journals Connector (OSTI)

By applying two nonlinear Granger causality testing methods and rolling window strategy to explore the relationship between speculative activities and crude oil prices, the unidirectional Granger causality from s...

Xun Zhang; Kin Keung Lai; Shouyang Wang

2009-12-01T23:59:59.000Z

367

Energy policies in a macroeconomic model: an analysis of energy taxes when oil prices decline  

Science Journals Connector (OSTI)

Economic planners and policy-makers have been acquainted, in the last fifteen years, with unanticipated oil price increases. The energy economics literature is abundant ... rules that would mitigate the negative ...

P. Capros; P. Karadeloglou; G. Mentzas

1992-01-01T23:59:59.000Z

368

EIA: High Oil Prices, GHG Controls Would Help Clean Energy Grow  

Energy.gov (U.S. Department of Energy (DOE))

The growth of renewable energy and renewable fuels in the United States will be significantly greater under scenarios involving high oil prices and stricter controls on greenhouse gas (GHG) emissions, according to DOE's Energy Information Administration (EIA).

369

Oil futures prices in a production economy with investment constraints  

E-Print Network (OSTI)

We document a new stylized fact regarding the term structure of futures volatility. We show that the relationship between the volatility of futures prices and the slope of the term structure of prices is non-monotone and ...

Kogan, Leonid

2008-01-01T23:59:59.000Z

370

Modelling the oil priceexchange rate nexus for South Africa  

Science Journals Connector (OSTI)

Abstract This paper conducts an empirical analysis of the relationship between oil prices and exchange rates in South Africa. We model the volatility and jumps in exchange rate returns by using the GARCH autoregressive conditional jump intensity model of Chan and Maheu which models the effects of extreme news events (jumps) in returns. The empirical results show that oil price increases lead to a depreciation of the South African rand relative to the US dollar.

Babajide Fowowe

2014-01-01T23:59:59.000Z

371

U.S. Energy Information Administration | Annual Energy Outlook 2013  

Gasoline and Diesel Fuel Update (EIA)

9 9 U.S. Energy Information Administration | Annual Energy Outlook 2013 Reference case Table A12. Petroleum product prices (2010 dollars per gallon, unless otherwise noted) Energy Information Administration / Annual Energy Outlook 2013 Table A12. Petroleum product prices (2011 dollars per gallon, unless otherwise noted) Sector and fuel Reference case Annual growth 2011-2040 (percent) 2010 2011 2020 2025 2030 2035 2040 Crude oil prices (2011 dollars per barrel) Brent spot .............................................................. 81.31 111.26 105.57 117.36 130.47 145.41 162.68 1.3% West Texas Intermediate spot ............................... 81.08 94.86 103.57 115.36 128.47 143.41 160.68 1.8% Average imported refiners acquisition cost 1 ........... 77.49 102.65 102.19 113.48 125.64 138.70 154.96 1.4%

372

Short-Term Energy Outlook - U.S. Energy Information Administration (EIA)  

NLE Websites -- All DOE Office Websites (Extended Search)

‹ Analysis & Projections ‹ Analysis & Projections Short-Term Energy Outlook Release Date: January 7, 2014 | Next Release Date: February 11, 2014 | Full Report | Text Only | All Tables | All Figures Glossary › FAQS › Overview STEO Report Highlights Prices Global Crude Oil and Liquid Fuels U.S. Crude Oil and Liquid Fuels Natural Gas Coal Electricity Renewables and CO2 Emissions U.S. Economic Assumptions Data Figures Tables Custom Table Builder Real Prices Viewer Forecast Changes (PDF) Special Analysis Price Uncertainty Highlights This edition of the Short-Term Energy Outlook is the first to include forecasts for 2015. After falling to the lowest monthly average of 2013 in November, U.S. regular gasoline retail prices increased slightly to reach an average of $3.28 per gallon (gal) during December. The annual average regular

373

Mexicos Deteriorating Oil Outlook: Implications and Energy Options for the Future  

E-Print Network (OSTI)

D ecline A ccelerates Mexicos crude oil production, whichonly 43 percent of Mexicos crude oil production, comparedb/d going forward. Mexicos crude oil output could drop to

Shields, David

2008-01-01T23:59:59.000Z

374

U.S. Energy Information Administration | Annual Energy Outlook Retrospective Review  

Gasoline and Diesel Fuel Update (EIA)

Energy Information Administration | Annual Energy Outlook Retrospective Review Energy Information Administration | Annual Energy Outlook Retrospective Review Annual Energy Outlook Retrospective Review Table 2. Summary of the number o fover-estimated results between AEO Reference cases and realized Outcomes All AEOs NEMS AEOs Percent of Projections Over-Estimated Percent of Projections Over-Estimated Table 3. Gross Domestic Product, (Average Cumulative Growth) Actual vs. Projected 24% 37% Table 4. World Oil Prices, Actual vs. Projected 52% 24% Table 5. Total Petroleum Consumption, Actual vs. Projected 44% 61% Table 6. Domestic Crude Oil Production, Actual vs. Projected 59% 65% Table 7. Petroleum Net Imports, Actual vs. Projected 56% 61% Table 8. Natural Gas Wellhead Prices, Actual vs. Projected 54% 23% Table 9. Total Natural Gas Consumption, Actual vs. Projected

375

Forecasting crude oil price with an EMD-based neural network ensemble learning paradigm  

Science Journals Connector (OSTI)

In this study, an empirical mode decomposition (EMD) based neural network ensemble learning paradigm is proposed for world crude oil spot price forecasting. For this purpose, the original crude oil spot price series were first decomposed into a finite, and often small, number of intrinsic mode functions (IMFs). Then a three-layer feed-forward neural network (FNN) model was used to model each of the extracted IMFs, so that the tendencies of these \\{IMFs\\} could be accurately predicted. Finally, the prediction results of all \\{IMFs\\} are combined with an adaptive linear neural network (ALNN), to formulate an ensemble output for the original crude oil price series. For verification and testing, two main crude oil price series, West Texas Intermediate (WTI) crude oil spot price and Brent crude oil spot price, are used to test the effectiveness of the proposed EMD-based neural network ensemble learning methodology. Empirical results obtained demonstrate attractiveness of the proposed EMD-based neural network ensemble learning paradigm.

Lean Yu; Shouyang Wang; Kin Keung Lai

2008-01-01T23:59:59.000Z

376

Asymmetries in the response of economic activity to oil price increases and decreases?  

Science Journals Connector (OSTI)

Abstract It has been common to assume that the relationship between economic activity and oil prices is asymmetric. Theoretical underpinnings for this asymmetry include costly sectoral reallocation, partial equilibrium models of irreversible investment, and some version of precautionary savings. Yet, recent studies that use new methodologies to test for asymmetries in U.S. data have cast some doubts on that premise. In this paper, we use state-of-the-art techniques to evaluate the presence of asymmetries for a set of OECD countries containing both oil exporters and oil importers. We find very little support for the hypothesis that the response of industrial production to oil price increases and decreases is asymmetric. Our results have important implications for theoretical models of the transmission of oil price shocks: they point towards the importance of direct-supply and direct-demand transmission channels, as well as indirect transmission channels that imply a symmetric response.

Ana Mara Herrera; Latika Gupta Lagalo; Tatsuma Wada

2015-01-01T23:59:59.000Z

377

NASEO 2010 Winter Fuels Outlook Conference October 13, 2010 Washington, DC Richard Newell, Administrator U.S. Energy Information Administration  

Gasoline and Diesel Fuel Update (EIA)

10 1 10 1 NASEO 2010 Winter Fuels Outlook Conference October 13, 2010 Washington, DC Richard Newell, Administrator U.S. Energy Information Administration EIA Short-Term and Winter Fuels Outlook Richard Newell, NASEO Winter Fuels Conference, October 2010 2 Overview * EIA expects average heating bills to be 3% higher this winter than last - an increase of $24 to a U.S. average of $986 per household * Due to higher fuel prices forecast this winter compared to last - 2% higher electricity prices - 8% higher heating oil prices - 6% higher residential natural gas prices - 11% higher propane prices * Bill increases are moderated by a warmer winter weather forecast for the South, but little change in the Midwest/West; slightly colder in the Northeast * Inventories of fuel oil and natural gas are currently well above typical levels,

378

Microsoft Word - feb10-Price Uncertainty Supplement.doc  

Gasoline and Diesel Fuel Update (EIA)

February 2010 February 2010 Short-Term Energy Outlook Energy Price Volatility and Forecast Uncertainty 1 February 12, 2010 Release Crude Oil Prices. WTI crude oil spot prices averaged $78.33 per barrel in January 2010, almost $4 per barrel higher than the prior month's average and matching the $78-per-barrel forecast in last month's Outlook. The WTI spot price peaked at $83.12 on January 6 and then fell to $72.85 on January 29 as the weather turned warm and concerns about the strength of world economic recovery increased. EIA forecasts that WTI spot prices will remain near current levels over the next few months, averaging $76 per barrel in February and March, before rising to about $82 per barrel in the late

379

Too early to tell on $100 oil  

U.S. Energy Information Administration (EIA) Indexed Site

Presentation to: Presentation to: April 8, 2008 Lehman Brothers oil outlook: Stronger signals of weaker prices Adam Robinson What's driving oil markets today? u Not the short run: Oil prices go up every time the US economy gets worse u It's tempting to argue that the rise in oil prices now is simply a continuation of past trends - The cost of F&D continues to march up - Demand in China growing faster with no signs of slowdown - Upstream and downstream supply bottlenecks are permanent u We think current price may be rising despite improvements on these fronts u Yes, in the short run, weak dollar and inflation fears can push prices higher, but these are likely to dissipate by the end of the year u We may be on the verge of a turning point in prices - Possibly the peak oil price comes this summer at $110-$120

380

e n e r g y When Oil Prices Jump, Is Speculation To Blame?  

E-Print Network (OSTI)

Historically, the long-run primary driver of oil prices has been global demand. 1 An expanding global economy demands more raw inputs, including oil, and that increased demand pushes up their price. However, the past decade (2000-09) saw a rapid proliferation in the financialization of commodities, i.e., the creation and trading of financial instruments indexed to commodity prices. Estimates indicate that assets allocated to commodity index trading rose from $13 billion in 2004 to $260 billion in March 2008. Many people, including policymakers and economists, have posited

Brett Fawley; Luciana Juvenal; Ivan Petrella

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


381

Mick Jagger Explains High Crude Oil Prices How can Mick Jagger of The Rolling Stones help explain the current high crude oil  

E-Print Network (OSTI)

Mick Jagger Explains High Crude Oil Prices How can Mick Jagger of The Rolling Stones help explain the current high crude oil price? It does not relate to Mick' short stint at the London School of Economics, the oil industry operates on the same principle, at least in the short run. The industry relies on proven

Ahmad, Sajjad

382

EIS-0016: Cumulative Production/Consumption Effects of the Crude Oil Price Incentive Rulemakings, Programmatic  

Energy.gov (U.S. Department of Energy (DOE))

The U.S. Department of Energy prepared this Final Statement to FEA-FES-77-7 to assess the environmental and socioeconomic implications of a rulemaking on crude oil pricing incentives as pertains to the full range of oil production technologies (present as well as anticipated.)

383

Oil Prices, Stock Markets and Portfolio Investment: Evidence from Sector Analysis in Europe over the Last Decade  

E-Print Network (OSTI)

Oil Prices, Stock Markets and Portfolio Investment: Evidence from Sector Analysis in Europe over This article extends the understanding of oil­stock market relationships over the last turbulent decade. Unlike returns to oil price changes differ greatly depending on the activity sector. In the out

Paris-Sud XI, Université de

384

Table 19. U.S. Refiner Residual Fuel Oil Prices  

U.S. Energy Information Administration (EIA) Indexed Site

January 1983 forward; Form EIA-460, "Petroleum Industry Monthly Report for Product Prices," source for backcast estimates prior to January 1983. 36 Energy Information...

385

A threshold cointegration analysis of asymmetric adjustment of OPEC and non-OPEC monthly crude oil prices  

Science Journals Connector (OSTI)

The purpose of this paper is to analyze the dynamics of crude oil prices of OPEC and non-OPEC countries using ... cointegration. To capture the long-run asymmetric price transmission mechanism, we develop an erro...

Hassan Belkacem Ghassan; Prashanta Kumar Banerjee

2014-07-01T23:59:59.000Z

386

EIA - AEO2010 - Factors affecting the relationship betwen crude oil and  

Gasoline and Diesel Fuel Update (EIA)

Factors affecting the relationship betweeen crude oil and natural gas prices Factors affecting the relationship betweeen crude oil and natural gas prices Annual Energy Outlook 2010 with Projections to 2035 Factors affecting the relationship between crude oil and natural gas prices Background Over the 1995-2005 period, crude oil prices and U.S. natural gas prices tended to move together, which supported the conclusion that the markets for the two commodities were connected. Figure 26 illustrates the fairly stable ratio over that period between the price of low-sulfur light crude oil at Cushing, Oklahoma, and the price of natural gas at the Henry Hub on an energy-equivalent basis. Figure 26. Ratio of low-sulfur light crude oil prices to natural gas prices on an energy-equivalent basis, 1995-2035 Click to enlarge » Figure source and data excel logo

387

The impact of oil price shocks on the stock market return and volatility relationship  

Science Journals Connector (OSTI)

Abstract This paper examines the impact of structural oil price shocks on the covariance of U.S. stock market return and stock market volatility. We construct from daily data on return and volatility the covariance of return and volatility at monthly frequency. The measures of daily volatility are realized-volatility at high frequency (normalized squared return), conditional-volatility recovered from a stochastic volatility model, and implied-volatility deduced from options prices. Positive shocks to aggregate demand and to oil-market specific demand are associated with negative effects on the covariance of return and volatility. Oil supply disruptions are associated with positive effects on the covariance of return and volatility. The spillover index between the structural oil price shocks and covariance of stock return and volatility is large and highly statistically significant.

Wensheng Kang; Ronald A. Ratti; Kyung Hwan Yoon

2015-01-01T23:59:59.000Z

388

Annual Energy Outlook 2006 with Projections to 2030  

Gasoline and Diesel Fuel Update (EIA)

ACI ACI Activated carbon injection AD Associated-dissolved (natural gas) AEO Annual Energy Outlook AEO2005 Annual Energy Outlook 2005 AEO2006 Annual Energy Outlook 2006 Altos Altos Partners ANWR Arctic National Wildlife Refuge API American Petroleum Institute BLGCC Black liquor gasification coupled with a combined-cycle power plant BOE Barrels of oil equivalent BTL Biomass-to-liquids Btu British thermal units CAAA90 Clean Air Act Amendments of 1990 CAFE Corporate average fuel economy CAIR Clean Air Interstate Rule CAMR Clean Air Mercury Rule CARB California Air Resources Board CBO Congressional Budget Office CHP Combined heat and power CO 2 Carbon dioxide CPI Consumer price index CRI Color rendering index CTL Coal-to-liquids DB Deutsche Bank AG DCL Direct coal liquefaction DOE U.S. Department of Energy E85 Fuel containing a blend of 70 to 85 percent ethanol EEA Energy and Environmental

389

January 2013 Short-Term Energy Outlook (STEO)  

Gasoline and Diesel Fuel Update (EIA)

(STEO) (STEO)  This edition of the Short-Term Energy Outlook is the first to include forecasts for 2014.  EIA expects that the Brent crude oil spot price, which averaged $112 per barrel in 2012, will fall to an average of $105 per barrel in 2013 and $99 per barrel in 2014. The projected discount of West Texas Intermediate (WTI) crude oil to Brent, which averaged $18 per barrel in 2012, falls to an average of $16 per barrel in 2013 and $8 per barrel in 2014, as planned new pipeline capacity lowers the cost of moving Mid-continent crude oil to the Gulf Coast refining centers.  EIA expects that falling crude prices will help national average regular gasoline retail prices

390

Assumptions to the Annual Energy Outlook 2001 - Oil and Gas Supply Module  

Gasoline and Diesel Fuel Update (EIA)

Oil and Gas Supply Module Oil and Gas Supply Module The NEMS Oil and Gas Supply Module (OGSM) constitutes a comprehensive framework with which to analyze oil and gas supply. A detailed description of the OGSM is provided in the EIA publication, Model Documentation Report: The Oil and Gas Supply Module (OGSM), DOE/EIA-M063(2001), (Washington, DC, January 2001). The OGSM provides crude oil and natural gas short-term supply parameters to both the Natural Gas Transmission and Distribution Module and the Petroleum Market Module. The OGSM simulates the activity of numerous firms that produce oil and natural gas from domestic fields throughout the United States, acquire natural gas from foreign producers for resale in the United States, or sell U.S. gas to foreign consumers. OGSM encompasses domestic crude oil and natural gas supply by both

391

Assumptions to the Annual Energy Outlook 2002 - Oil and Gas Supply Module  

Gasoline and Diesel Fuel Update (EIA)

Oil and Gas Supply Module Oil and Gas Supply Module The NEMS Oil and Gas Supply Module (OGSM) constitutes a comprehensive framework with which to analyze oil and gas supply. A detailed description of the OGSM is provided in the EIA publication, Model Documentation Report: The Oil and Gas Supply Module (OGSM), DOE/EIA-M063(2002), (Washington, DC, January 2002). The OGSM provides crude oil and natural gas short-term supply parameters to both the Natural Gas Transmission and Distribution Module and the Petroleum Market Module. The OGSM simulates the activity of numerous firms that produce oil and natural gas from domestic fields throughout the United States, acquire natural gas from foreign producers for resale in the United States, or sell U.S. gas to foreign consumers. OGSM encompasses domestic crude oil and natural gas supply by both

392

Natural Gas Summary from the Short-Term Energy Outlook  

Gasoline and Diesel Fuel Update (EIA)

5.57 per MMBtu in January 2004 and $5.40 in February, and then decrease to $4.77 in March as the heating season winds down (Short-Term Energy Outlook, January 2004). Spot prices were quite variable in December, with prices at the Henry Hub starting the month at around $5.00 per MMBtu, spiking to roughly $7.00 in the middle of the month, then falling to $5.50 toward the end of the month as warmer-than-normal weather eased demand. Spot prices will likely remain well above $5.00 over the next few months if normal or colder weather prevails, especially with oil prices remaining at relatively high levels. (Oil prices this winter are expected to average $31.35 per barrel (19 cents higher than last winter's average), or 5.41 per MMBtu.) Natural gas storage levels were 8 percent above average as of January 2, which could place downward pressure on prices if warm temperatures and weak heating demand occur later this winter, just as rising prices are possible if the weather becomes colder. Overall in 2004, natural gas wellhead prices are expected to average $4.73 per MMBtu, while spot prices will average nearly $5.00. In 2005, natural gas spot prices are projected to fall to an average of $4.83 per MMBtu under the assumption that domestic and imported supply can continue to grow by about 1-1.5 percent per year.

393

Annual Energy Outlook 2000 - Overview  

Gasoline and Diesel Fuel Update (EIA)

Homepage Homepage Key Issues Prices Consumption Energy Intensity Electricity Generation Production and Imports Carbon Emissions Key Issues Important energy issues addressed in the Annual Energy Outlook 2000 (AEO2000) include, among others, the ongoing restructuring of U.S. electricity markets, near-term prospects for world oil markets, and the impacts of energy use on carbon emissions. AEO2000 reflects the restructuring of U.S. electricity markets and the shift to increased competition by assuming changes in the financial structure of the industry. Ongoing efficiency and operating improvements are also assumed to continue. The projections assume a transition to full competitive pricing in States with specific deregulation plans—California, New York, New England, the Mid-Atlantic States, Illinois, Texas, Michigan, Ohio, Arizona, and New Mexico. Other States are assumed to continue cost-of-service electricity pricing. The provisions of the California legislation regarding stranded cost recovery and price caps are included. In other regions, stranded cost recovery is assumed to be phased out by 2008.

394

Propane Outlook  

Gasoline and Diesel Fuel Update (EIA)

4 of 24 4 of 24 Notes: EIA expects lower residential propane prices this winter compared to the high prices seen last winter. As of now, it appears that propane inventories will be more than adequate going into this winter. Although inventories in the Midwest remain low, there is still time for the ample inventories in the Gulf Coast to make their way up into the Midwest before heating season begins in earnest. As always, the major uncertainties affecting demand this winter are the weather and the economy. Other uncertainties affecting the propane market this winter are crude oil and natural gas prices. If natural gas prices this winter are around what EIA expects them to be, we will likely see very little, if any, propane production shut-in at gas plants. However, as the current situation with the TET shows, there could be short

395

International Energy Outlook 2013  

Gasoline and Diesel Fuel Update (EIA)

U.S. Energy Information Administration | International Energy Outlook 2013 U.S. Energy Information Administration | International Energy Outlook 2013 High Oil Price case projections Table D4. World liquids consumption by region, High Oil Price case, 2009-2040 (million barrels per day) Region History Projections Average annual percent change, 2010-2040 2009 2010 2015 2020 2025 2030 2035 2040 OECD OECD Americas 23.1 23.5 23.4 23.5 23.2 22.9 22.9 23.5 0.0 United States a 18.6 18.9 18.7 18.8 18.4 17.7 17.4 17.5 -0.3 Canada 2.2 2.2 2.2 2.1 2.1 2.1 2.2 2.4 0.2 Mexico/Chile 2.4 2.4 2.5 2.5 2.7 3.0 3.3 3.6 1.4 OECD Europe 15.0 14.8 13.2 13.1 13.1 13.2 13.3 13.4 -0.3 OECD Asia 7.7 7.7 8.0 7.7 7.6 7.6 7.6 7.4 -0.1 Japan 4.4 4.4 4.5 4.2 4.0 3.9 3.8 3.6 -0.7 South Korea 2.2 2.3 2.3 2.4 2.4 2.5 2.6 2.6 0.5 Australia/NewZealand 1.1 1.1 1.1 1.1 1.1 1.1 1.2 1.2 0.3 Total OECD 45.8 46.0 44.6 44.3 43.8 43.6 43.8 44.3 -0.1 Non-OECD Non-OECD Europe and Eurasia

396

International Energy Outlook 1998  

Gasoline and Diesel Fuel Update (EIA)

The World Oil Market The World Oil Market Oil prices are expected to remain relatively low, and resources are not expected to constrain substantial increases in oil demand through 2020. Oil usecontinues to dominate transportation energy markets. Oil Demand Growth in Industrialized Countries Oil Demand Growth in Nonindustrialized Countries Oil Demand and Transportation The Composition of World Oil Supply Worldwide Petroleum Trade in the Reference Case World Oil Price Projections Other Views of Prices and Production Policies To Lessen Environmental Damage from Transportation Fuel Use In the early 1990s, oil demand was relatively flat: oil consumption worldwide was only 1 million barrels per day higher in 1993 than it was in 1989. Since 1993, however, the world’s demand for oil has risen by almost

397

International Energy Outlook 2013  

Gasoline and Diesel Fuel Update (EIA)

9 9 U.S. Energy Information Administration | International Energy Outlook 2013 High Oil Price case projections Table D1. World total primary energy consumption by region, High Oil Price case, 2009-2040 (quadrillion Btu) Region History Projections Average annual percent change, 2010-2040 2009 2010 2015 2020 2025 2030 2035 2040 OECD OECD Americas 117.0 120.2 119.5 124.2 128.2 131.8 136.7 144.7 0.6 United States a 94.9 97.9 96.0 99.4 100.9 101.4 103.0 107.3 0.3 Canada 13.7 13.5 13.9 14.3 15.3 16.4 17.6 19.0 1.1 Mexico/Chile 8.4 8.8 9.6 10.5 12.0 14.0 16.1 18.5 2.5 OECD Europe 80.0 82.5 80.5 83.3 86.3 88.6 90.5 92.3 0.4 OECD Asia 37.7 39.6 39.3 41.1 42.4 43.5 44.3 44.5 0.4 Japan 21.0 22.1 21.0 21.6 21.9 22.0 21.8 21.0 -0.2 South Korea 10.1 10.8 11.5 12.5 13.3 14.2 14.9 15.7 1.3 Australia/NewZealand 6.7 6.7 6.8 7.0 7.2 7.3 7.5 7.8 0.5 Total OECD 234.7 242.3

398

International Energy Outlook 2013  

Gasoline and Diesel Fuel Update (EIA)

7 7 U.S. Energy Information Administration | International Energy Outlook 2013 Low Oil Price case projections Table E1. World total primary energy consumption by region, Low Oil Price case, 2009-2040 (quadrillion Btu) Region History Projections Average annual percent change, 2010-2040 2009 2010 2015 2020 2025 2030 2035 2040 OECD OECD Americas 117.0 120.2 122.3 128.2 132.1 135.5 140.0 146.7 0.7 United States a 94.9 97.9 97.9 101.6 102.9 103.6 105.3 108.8 0.4 Canada 13.7 13.5 14.4 15.2 16.2 17.1 17.8 18.6 1.1 Mexico/Chile 8.4 8.8 10.0 11.4 12.9 14.8 16.8 19.3 2.7 OECD Europe 80.0 82.5 83.1 88.0 91.8 94.7 97.4 100.0 0.6 OECD Asia 37.7 39.6 41.1 44.7 46.6 47.9 49.0 49.7 0.8 Japan 21.0 22.1 22.0 23.6 24.3 24.4 24.4 23.9 0.3 South Korea 10.1 10.8 12.1 13.6 14.7 15.7 16.5 17.4 1.6 Australia/NewZealand 6.7 6.7 7.0 7.5 7.6 7.9 8.1 8.4 0.8 Total OECD 234.7 242.3

399

Summer_Gas_Outlook  

Gasoline and Diesel Fuel Update (EIA)

(Energy Information Administration/Short-Term Energy Outlook -- April 2001) (Energy Information Administration/Short-Term Energy Outlook -- April 2001) 1 Summer 2001 Motor Gasoline Outlook Summary April 2001 For the upcoming summer season (April to September), motor gasoline markets are projected to once again exhibit a very tight supply/demand balance. * Retail gasoline prices (regular grade) are expected to average $1.49 per gallon, slightly lower than last summer's average of $1.53 per gallon, but still above the previous (current-dollar) record summer average of $1.35 recorded in 1981. Nominal prices are expected to reach a peak of $1.52 per gallon in June but then decline gradually to about $1.43 by December. These projections presume no

400

Final report of the Rhode Island State Energy Office on residential no. 2 heating oil and propane prices [SHOPP  

SciTech Connect

Summary report on residential No.2 heating oil and propane prepared under grant. Summarizes the monitoring and analysis of heating oil and propane prices from October 2000 through March 2001.

McClanahan, Janice

2001-04-01T23:59:59.000Z

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


401

Annual Energy Outlook 1999 - Overview  

Gasoline and Diesel Fuel Update (EIA)

overview.gif (2907 bytes) overview.gif (2907 bytes) Key Issues A major issue in energy markets today is carbon emissions. Because the Kyoto Protocol has not been ratified by the United States and no specific policies for carbon reduction have been enacted, such policies are not included in the Annual Energy Outlook 1999 (AEO99), although the Protocol and EIA’s recent analysis of its potential impacts are discussed. Economic developments in Asia over the past 18 months have weakened worldwide oil demand and lowered world oil prices—a trend that is likely to continue for several years and, therefore, is included in the AEO99 analysis of oil markets and prices. As in AEO98, the projections in AEO99 reflect ongoing changes in the financial structure of the U.S. electricity industry and cost reductions that are becoming evident with increased competition. A transition to retail competitive pricing is assumed in five regions—California, New York, New England, the Mid-Atlantic Area Council (Pennsylvania, Delaware, New Jersey, and Maryland), and the Mid-America Interconnected Network (Illinois and parts of Wisconsin and Missouri). Provisions of the California legislation on stranded cost recovery and price caps are also included. In the other regions, stranded cost recovery is assumed to be phased out by 2008. No national renewable portfolio standard has been passed, but State standards and other programs intended to encourage renewables are included as enacted. The new standards for control of nitrogen oxide (NOx) emissions by electricity generators are also incorporated.

402

Hotelling Revisited: Oil Prices and Endogenous Technological Progress  

Science Journals Connector (OSTI)

This article examines the Hotelling model of optimal nonrenewable resource extraction in light of empirical evidence that petroleum and minerals prices have been trendless despite resource scarcity. In ... if the...

C.-Y. Cynthia Lin; Haoying Meng; Tsz Yan Ngai

2009-03-01T23:59:59.000Z

403

Impact of Exogenous Shocks on Oil Product Market Prices  

Science Journals Connector (OSTI)

The presence in Italy of a high number of vertically integrated energy companies, has given us the idea to investigate the effects that adoption of new price policies, and geopolitical events, have on the mechani...

Antonio Angelo Romano; Giuseppe Scandurra

2011-01-01T23:59:59.000Z

404

Annual Energy Outlook Forecast Evaluation  

Gasoline and Diesel Fuel Update (EIA)

Annual Energy Outlook Forecast Evaluation Annual Energy Outlook Forecast Evaluation Annual Energy Outlook Forecast Evaluation by Susan H. Holte In this paper, the Office of Integrated Analysis and Forecasting (OIAF) of the Energy Information Administration (EIA) evaluates the projections published in the Annual Energy Outlook (AEO), (1) by comparing the projections from the Annual Energy Outlook 1982 through the Annual Energy Outlook 2001 with actual historical values. A set of major consumption, production, net import, price, economic, and carbon dioxide emissions variables are included in the evaluation, updating similar papers from previous years. These evaluations also present the reasons and rationales for significant differences. The Office of Integrated Analysis and Forecasting has been providing an

405

Short-Term Energy Outlook - U.S. Energy Information Administration (EIA)  

Gasoline and Diesel Fuel Update (EIA)

Short-Term Energy Outlook Short-Term Energy Outlook Release Date: January 7, 2014 | Next Release Date: February 11, 2014 | Full Report | Text Only | All Tables | All Figures Glossary › FAQS › Overview STEO Report Highlights Prices Global Crude Oil and Liquid Fuels U.S. Crude Oil and Liquid Fuels Natural Gas Coal Electricity Renewables and CO2 Emissions U.S. Economic Assumptions Data Figures Tables Custom Table Builder Real Prices Viewer Forecast Changes (PDF) Special Analysis Price Uncertainty < Back to list of tables Working correctly. Table 1 : U.S. Energy Markets Summary Either scripts and active content are not permitted to run or Adobe Flash Player version ${version_major}.${version_minor}.${version_revision} or greater is not installed. Get Adobe Flash Player a Includes lease condensate.

406

Reasons and current outlook for the sale of federal royalty oil to small and independent refiners  

SciTech Connect

The Department of Interior receives a royalty from oil production on federal lands. Interior can take the royalty as a cash payment or a portion of the oil itself, which it can then sell to small and independent refiners who are determined to be in need of crude oil supplies. Sales of this so-called royalty oil have been held about every 3 years since 1970. In early 1985, Interior announced its intention to terminate the program because of its declining importance and proposed legislation to that effect. While GAO sees no compelling need to legislatively restrict Interior's ability to hold future royalty oil sales now or in the future, it has identified several ways to improve the program's effectiveness. This report examines Interior's basis for the most recent sales and the current status and need for the royalty oil program and discusses ways in which its administration might be improved if future sales are held.

Not Available

1985-08-26T23:59:59.000Z

407

Assumptions to the Annual Energy Outlook 1999 - Oil and Gas Supply Module  

Gasoline and Diesel Fuel Update (EIA)

oil.gif (4836 bytes) oil.gif (4836 bytes) The NEMS Oil and Gas Supply Module (OGSM) constitutes a comprehensive framework with which to analyze oil and gas supply. A detailed description of the OGSM is provided in the EIA publication, Model Documentation Report: The Oil and Gas Supply Module (OGSM), DOE/EIA-M063(99), (Washington, DC, January 1999). The OGSM provides crude oil and natural gas short-term supply parameters to both the Natural Gas Transmission and Distribution Module and the Petroleum Market Module. The OGSM simulates the activity of numerous firms that produce oil and natural gas from domestic fields throughout the United States, acquire natural gas from foreign producers for resale in the United States, or sell U.S. gas to foreign consumers. OGSM encompasses domestic crude oil and natural gas supply by both conventional and nonconventional recovery techniques. Nonconventional recovery includes enhanced oil recovery and unconventional gas recovery from tight gas formations, gas shale, and coalbeds. Foreign gas transactions may occur via either pipeline (Canada or Mexico) or transport ships as liquefied natural gas (LNG).

408

Mexicos Deteriorating Oil Outlook: Implications and Energy Options for the Future  

E-Print Network (OSTI)

to oil-, gas-, and coal-fired power generation. Given thegas-fired plants, the CFE is planning a more diversified approach to power generation.

Shields, David

2008-01-01T23:59:59.000Z

409

Table 22. Domestic Crude Oil First Purchase Prices for Selected...  

U.S. Energy Information Administration (EIA) Indexed Site

company data. Source: Energy Information Administration, Form EIA-182, "Domestic Crude Oil First Purchase Report." 44 Energy Information AdministrationPetroleum Marketing Annual...

410

International Energy Outlook 2001 - Transportation Energy Use  

Gasoline and Diesel Fuel Update (EIA)

Transportation Energy Use Transportation Energy Use picture of a printer Printer Friendly Version (PDF) Oil is expected to remain the primary fuel source for transportation throughout the world, and transportation fuels are projected to account for almost 57 percent of total world oil consumption by 2020. Transportation fuel use is expected to grow substantially over the next two decades, despite oil prices that hit 10-year highs in 2000. The relatively immature transportation sectors in much of the developing world are expected to expand rapidly as the economies of developing nations become more industrialized. In the reference case of the International Energy Outlook 2001 (IEO2001), energy use for transportation is projected to increase by 4.8 percent per year in the developing world, compared with

411

Status and outlook for shale gas and tight oil development in the U.S.  

Gasoline and Diesel Fuel Update (EIA)

Deloitte Energy Conference Deloitte Energy Conference May 21, 2013 | Washington, DC By Adam Sieminski, Administrator U.S. Shale Gas 2 Adam Sieminski , Deloitte, May 21, 2013 Domestic production of shale gas has grown dramatically over the past few years Adam Sieminski , Deloitte, May 21, 2013 3 shale gas production (dry) billion cubic feet per day Sources: LCI Energy Insight gross withdrawal estimates as of March 2013 and converted to dry production estimates with EIA-calculated average gross-to-dry shrinkage factors by state and/or shale play. Shale gas leads growth in total gas production through 2040 to reach half of U.S. output 4 U.S. dry natural gas production trillion cubic feet Source: EIA, Annual Energy Outlook 2013

412

Causality and volatility spillovers among petroleum prices of WTI, gasoline and heating oil in different locations  

Science Journals Connector (OSTI)

This paper examines the time series properties of daily spot and futures prices for three petroleum types traded at five commodity centers within and outside the United States. Examining five combinations of the spot and futures prices by petroleum type and trading center, the cointegration tests of each of these five groups suggest that spot and futures contracts offer little room for long-run commodity portfolio diversification. In the West Texas Intermediate (WTI) crude-oil group, the VEC model indicates that the New York Mercantile Exchange (NYMEX) 1-month futures price has the upper hand in terms of directional causality and volatility spillovers. In the NYMEX gasoline system, there are bi-directional causality relationships among all the gasoline spot and futures prices, but the spot price produces the greatest spillover. In the NYMEX heating oil system, information transmission and predictability among the spot, 1- and 3-month futures are found to be particularly strong and significant. In the international gasoline spot market, contrary to the world crude-oil market, there is no apparent world gasoline spot leader for the gasoline spot prices.

Shawkat Hammoudeh; Huimin Li; Bang Jeon

2003-01-01T23:59:59.000Z

413

Oil price shocks and stock market returns: New evidence from the United States and China  

Science Journals Connector (OSTI)

Abstract This study examines the time-varying correlations between oil prices shocks of different types (supply-side, aggregate demand and oil-market specific demand as per Kilian (2009) who highlighted that Not all oil shocks are alike) and stock market returns, using a Scalar-BEKK model. For this study we consider the aggregate stock market indices from two countries, China and the US, reflecting the most important developing and developed financial markets in the world. In addition to the whole market, we also consider correlations from key selected industrial sectors, namely Metals & Mining, Oil & Gas, Retail, Technology and Banking. The sample period runs from 1995 until 2013. We highlight several key points: (i) correlations between oil price shocks and stock returns are clearly and systematically time-varying; (ii) oil shocks of different types show substantial variation in their impact upon stock market returns; (iii) these effects differ widely across industrial sectors; and finally (iv) China is seemingly more resilient to oil price shocks than the US.

David C. Broadstock; George Filis

2014-01-01T23:59:59.000Z

414

Examining the nature of the relationship between Tapis crude oil and Singapore petrol prices  

Science Journals Connector (OSTI)

Fuel prices play a crucial role in the supply side of many economies across the globe. Hence, it is important to ensure that fuel pricing is efficient and free from any asymmetric behaviour. This paper examines the long- and short-run relationships between the price of unleaded petrol in Singapore (Mogas95) and the price of Tapis crude oil using 4,929 daily observations (4 June 1993-25 April 2012). As expected, we found that these two key energy indicators are cointegrated. We then developed a modelling framework that allowed us to test for adjustment asymmetries that distinguish between the size and sign of disequilibria, proxied by three different error correction terms. We found no significant evidence of any asymmetric pricing behaviour and market inefficiency. However, our results revealed a significant weekly cyclical pattern, with petrol being more expensive on Thursdays/Fridays than the rest of the week.

Abbas Valadkhani; Martin O'Brien; Amir Arjomandi

2013-01-01T23:59:59.000Z

415

WTI Crude Oil Price: Base Case and 95% Confidence Interval  

Gasoline and Diesel Fuel Update (EIA)

7 7 Notes: Spot WTI prices broke $35 and even $36 per barrel in November as anticipated boosts to world supply from OPEC and other sources failed to find much realization in actual stocks data. The idea that stocks are still languishing at below-normal levels is particularly persuasive when one views current levels (for key consuming regions) relative to "normal" values which account for the long-term trend in OECD stocks. We believe that monthly average WTI prices will stay around $30 per barrel for the first part of 2001. This is a noticeable upward shift in our projected average prices from even a month ago. The shift reflects greater emphasis on the lack of stock builds and less emphasis on the assumption that supply from OPEC and non-OPEC suppliers may be exceeding demand by 1-2

416

Short-term energy outlook: Quarterly projections, second quarter 1997  

SciTech Connect

The Energy Information Administration (EIA) prepares quarterly short-term energy supply, demand, and price projections for publication in January, April, July, and October in the Outlook. The forecast period for this issue of the Outlook extends from the second quarter of 1997 through the fourth quarter of 1998. Values for the first quarter of 1997, however, are preliminary EIA estimates (for example, some monthly values for petroleum supply and disposition are derived in part from weekly data reported in EIA`s Weekly Petroleum Status Report) or are calculated from model simulations that use the latest exogenous information available (for example, electricity sales and generation are simulated by using actual weather data). The historical energy data, compiled in the second quarter 1997 version of the Short-Term Integrated Forecasting System (STIFS) database, are mostly EIA data regularly published in the Monthly Energy Review, Petroleum Supply Monthly, and other EIA publications. Minor discrepancies between the data in these publications and the historical data in this Outlook are due to independent rounding. The STIFS database is archived quarterly and is available from the National Technical Information Service. The STIFS model is driven principally by three sets of assumptions or inputs: estimates of key macroeconomic variables, world oil price assumptions, and assumptions about the severity of weather. Macroeconomic estimates are produced by DRI/McGraw-Hill but are adjusted by EIA to reflect EIA assumptions about the world price of crude oil, energy product prices, and other assumptions which may affect the macroeconomic outlook. By varying the assumptions, alternative cases are produced by using the Short-Term Integrated Forecasting System (STIFS). 34 figs., 19 tabs.

NONE

1997-04-01T23:59:59.000Z

417

Oil prices Brownian motion or mean reversion? A study using a one year ahead density forecast criterion  

Science Journals Connector (OSTI)

For oil related investment appraisal, an accurate description of the evolving uncertainty in the oil price is essential. For example, when using real option theory to value an investment, a density function for the future price of oil is central to the option valuation. The literature on oil pricing offers two views. The arbitrage pricing theory literature for oil suggests geometric Brownian motion and mean reversion models. Empirically driven literature suggests ARMAGARCH models. In addition to reflecting the volatility of the market, the density function of future prices should also incorporate the uncertainty due to price jumps, a common occurrence in the oil market. In this study, the accuracy of density forecasts for up to a year ahead is the major criterion for a comparison of a range of models of oil price behaviour, both those proposed in the literature and following from data analysis. The Kullbach Leibler information criterion is used to measure the accuracy of density forecasts. Using two crude oil price series, Brent and West Texas Intermediate (WTI) representing the US market, we demonstrate that accurate density forecasts are achievable for up to nearly two years ahead using a mixture of two Gaussians innovation processes with GARCH and no mean reversion.

Nigel Meade

2010-01-01T23:59:59.000Z

418

Mexicos Deteriorating Oil Outlook: Implications and Energy Options for the Future  

E-Print Network (OSTI)

prevent private companies from transmitting electricity inand private-sector investments of $34.2bn in electricityprivate companies to do oil services work for Pemex, generate electricity and

Shields, David

2008-01-01T23:59:59.000Z

419

Consumers Are Enjoying Low Oil Prices (Figure 1)  

Gasoline and Diesel Fuel Update (EIA)

SUBCOMMITTEE ON ENERGY AND POWER SUBCOMMITTEE ON ENERGY AND POWER COMMITTEE ON COMMERCE U.S. HOUSE OF REPRESENTATIVES MARCH 10, 1999 Summary of Jay Hakes Testimony on Exxon-Mobil Merger The major oil companies are very different companies today than they were at the time of the Arab Oil Embargo. Following the nationalization of crude-producing assets and the subsequent rise of state-owned oil companies to run and enhance those assets, major oil companies shrank. In 1972, had mergers occurred between BP and Amoco and Exxon and Mobil, the two resulting organizations would have controlled almost 28 percent of world production. Today the combined production of these four organizations accounts for less than 7 percent of production. Exxon and Mobil account for less than 4 percent. If Exxon and Mobil combine, EIA data show several regions of large overlap.

420

Estimating household fuel oil/kerosine, natural gas, and LPG prices by census region  

SciTech Connect

The purpose of this research is to estimate individual fuel prices within the residential sector. The data from four US Department of Energy, Energy Information Administration, residential energy consumption surveys were used to estimate the models. For a number of important fuel types - fuel oil, natural gas, and liquefied petroleum gas - the estimation presents a problem because these fuels are not used by all households. Estimates obtained by using only data in which observed fuel prices are present would be biased. A correction for this self-selection bias is needed for estimating prices of these fuels. A literature search identified no past studies on application of the selectivity model for estimating prices of residential fuel oil/kerosine, natural gas, and liquefied petroleum gas. This report describes selectivity models that utilize the Dubin/McFadden correction method for estimating prices of residential fuel oil/kerosine, natural gas, and liquefied petroleum gas in the Northeast, Midwest, South, and West census regions. Statistically significant explanatory variables are identified and discussed in each of the models. This new application of the selectivity model should be of interest to energy policy makers, researchers, and academicians.

Poyer, D.A.; Teotia, A.P.S.

1994-08-01T23:59:59.000Z

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


421

Status and outlook for shale gas and tight oil development in the U.S.  

Gasoline and Diesel Fuel Update (EIA)

Energy Symposium, University of Oklahoma, Price College Energy Institute Energy Symposium, University of Oklahoma, Price College Energy Institute March 05, 2013 | Norman, OK by Adam Sieminski, Administrator EIA's mission and main functions Adam Sieminski , Energy Symposium, March 05, 2013 2 Independent Statistical and Analytical agency within the U.S. Department of Energy - EIA collects, analyzes, and disseminates independent and impartial energy information to promote sound policymaking, efficient markets, and public understanding of energy and its interaction with the economy and the environment. - By law, its data, analyses, and forecasts are independent of approval by any other officer or employee of the U.S. Government [EIA] ...is the gold standard for energy data around the world, and the

422

A compressed sensing based AI learning paradigm for crude oil price forecasting  

Science Journals Connector (OSTI)

Abstract Due to the complexity of crude oil price series, traditional statistics-based forecasting approach cannot produce a good prediction performance. In order to improve the prediction performance, a novel compressed sensing based learning paradigm is proposed through integrating compressed sensing based denoising (CSD) and certain artificial intelligence (AI), i.e., CSD-AI. In the proposed learning paradigm, CSD is first performed as a preprocessor for the original data of international crude oil price to eliminate the noise, and then a certain powerful AI tool is employed to conduct prediction for the cleaned data. In particular, the process of CSD aims to reduce the level of noise which pollutes the data, and to further enhance the prediction performance of the AI model. For verification purpose, international crude oil price series of West Texas Intermediate (WTI) are taken as sample data. Empirical results demonstrate that the proposed CSD-AI learning paradigm significantly outperforms all other benchmark models including single models without CSD process and hybrid models with other denoising techniques, in terms of level and directional accuracies. Furthermore, in the case of different data samples with different time ranges, the proposed model performs the best, indicating that the proposed CSD-AI learning paradigm is an effective and robust approach in crude oil price prediction.

Lean Yu; Yang Zhao; Ling Tang

2014-01-01T23:59:59.000Z

423

A stochastic optimization model for gas retail with temperature scenarios and oil price parameters  

Science Journals Connector (OSTI)

......dealing with gas retail commercialization. We consider temperature...by a mean reverting process. Oil prices and exchange...indices; mean reverting process; stochastic programming...undergoing a liberalization process aiming at promoting...storage and wholesale commercialization, and local monopolistic......

F. Maggioni; M. Bertocchi; R. Giacometti; M. T. Vespucci; M. Innorta; E. Allevi

2010-04-01T23:59:59.000Z

424

Annual Energy Outlook with Projections to 2025  

Gasoline and Diesel Fuel Update (EIA)

4 with Projections to 2025 4 with Projections to 2025 Report #: DOE/EIA-0383(2004) Release date: January 2004 Next release date: January 2005 Errata August 25, 2004 The Annual Energy Outlook presents a midterm forecast and analysis of US energy supply, demand, and prices through 2025 Table of Contents Summary Tables Adobe Acrobat Logo Yearly Tables MS Excel Viewer Regional and other detailed tables (Supplemental) MS Excel Viewer Overview Market Drivers Trends in Economic Activity Economic Growth Cases International Oil Markets Energy Demand Projections Residential Sector Commercial Sector Industrial Sector Transportation Sector Alternative Technology Cases Electricity Forecast Electricity Sales Electricity Generating Capacity Electricity Fuel Costs and Prices Electricity from Nuclear Power

425

Supplement to the annual energy outlook 1994  

SciTech Connect

This report is a companion document to the Annual Energy Outlook 1994 (AEO94), (DOE/EIA-0383(94)), released in Jan. 1994. Part I of the Supplement presents the key quantitative assumptions underlying the AEO94 projections, responding to requests by energy analysts for additional information on the forecasts. In Part II, the Supplement provides regional projections and other underlying details of the reference case projections in the AEO94. The AEO94 presents national forecasts of energy production, demand and prices through 2010 for five scenarios, including a reference case and four additional cases that assume higher and lower economic growth and higher and lower world oil prices. These forecasts are used by Federal, State, and local governments, trade associations, and other planners and decisionmakers in the public and private sectors.

NONE

1994-03-01T23:59:59.000Z

426

The Resilience of the Indian Economy to Rising Oil Prices as a Validation Test for a Global Energy-Environment-Economy CGE Model  

E-Print Network (OSTI)

1 The Resilience of the Indian Economy to Rising Oil Prices as a Validation Test for a Global., 2009, `The resilience of the Indian economy to rising oil prices as a validation test for a global so, it compares the modeled and observed responses of the Indian economy to the rise of oil price

Paris-Sud XI, Université de

427

Microsoft Word - Gas Prices and Oil Consumption Would Increase Without Biofuels  

NLE Websites -- All DOE Office Websites (Extended Search)

For Immediate Release For Immediate Release June 11, 2008 202-586-4940 Fact Sheet: Gas Prices and Oil Consumption Would Increase Without Biofuels Secretary of Energy Samuel W. Bodman and Secretary of Agriculture Edward T. Schafer sent a letter on June 11, 2008 to Senator Jeff Bingaman addressing a number of questions related to biofuels, food, and gasoline and diesel prices. The letter is available at http://www.energy.gov Without Biofuels, Gas Prices Would Increase $.20 to $.35 per Gallon. * The U.S. Department of Energy (DOE) estimates that gasoline prices would be between 20 cents to 35 cents per gallon higher without ethanol 1 , a first-generation biofuel. * For a typical household, that means saving about $150 to $300 per year. * For the U.S. overall, this saves gas expenditures of $28 billion to $49 billion based on annual

428

Oil and metal price movements and BRIC macro-economy: an empirical analysis  

Science Journals Connector (OSTI)

Brazil, Russia, India, and China are the four fastest growing economies to emerge at the dawn of the new century. Concisely referred to as BRIC, the growth of these states has transferred sources of wealth and capital. To fuel such rising economies requires resources. In particular, food, construction materials, and energy are necessary to sustain BRIC growth. This paper will ultimately examine the relationship between macroeconomic factors of the BRIC countries and commodity price movements from the early 1990s to the end of 2007. Some strong relationships were found, including metal price fluctuations on Brazil's Stock Index and oil price fluctuations on Russia GDP. Interestingly, we could not find any significant relationships between China's macroeconomic factors and commodity price movements.

Paul Kim; Tomohiro Ando

2012-01-01T23:59:59.000Z

429

Chapter 8 - An Econometric Analysis of the Impact of Oil Prices on Stock Markets in Gulf Cooperation Countries  

Science Journals Connector (OSTI)

Abstract This paper implements recent bootstrap panel cointegration techniques and Seemingly Unrelated Regression (SUR) methods to investigate the existence of a long-run relationship between oil prices and Gulf Cooperation Council (GCC) Countries stock markets. Since GCC countries are major world energy market players, their stock markets are likely to be susceptible to oil price shocks. Using two different (weekly and monthly) datasets covering, respectively, the periods from June 7, 2005 to October 21, 2008, and from January 1996 to December 2007, our investigation shows that there is evidence for cointegration of oil prices and stock markets in GCC countries, while the SUR results indicate that oil price increases have a positive impact on stock prices, except in Saudi Arabia.

Mohamed El Hedi Arouri; Christophe Rault

2014-01-01T23:59:59.000Z

430

EIA-Assumptions to the Annual Energy Outlook - International Energy Module  

Gasoline and Diesel Fuel Update (EIA)

International Energy Module International Energy Module Assumptions to the Annual Energy Outlook 2007 International Energy Module The International Energy Module (IEM) performs two tasks in all NEMS runs. First, the module reads exogenously derived supply curves, initial price paths and international regional supply and demand levels into NEMS. These quantities are not modeled directly in NEMS because NEMS is not an international model. Previous versions of the IEM adjusted these quantities after reading in initial values. In an attempt to more closely integrate the AEO2007 with the IEO2006 and the STEO some functionality was removed from the IEM. More analyst time was devoted to analyzing price relationships between marker crude oils and refined products. A new exogenous oil supply model, Generate World Oil Balances (GWOB), was also developed to incorporate actual investment occurring in the international oil market through 2015 and resource assumptions through 2030. The GWOB model provides annual country level oil production detail for eight conventional and unconventional oils.

431

Annual Energy Outlook 2006 with Projections to 2030 - Preface  

Gasoline and Diesel Fuel Update (EIA)

Preface Preface Annual Energy Outlook 2006 with Projections to 2030 The Annual Energy Outlook 2006 (AEO2006), prepared by the Energy Information Administration (EIA), presents long-term forecasts of energy supply, demand, and prices through 2030. The projections are based on results from EIA’s National Energy Modeling System (NEMS). The report begins with an “Overview” summarizing the AEO2006 reference case and comparing it with the AEO2005 reference case. The next section, “Legislation and Regulations,” discusses evolving legislation and regulatory issues, including recently enacted legislation and regulation, such as the Energy Policy Act of 2005, and some that are proposed. “Issues in Focus” includes a discussion of the basis of EIA’s substantial revision of the world oil price trend used in the projections. It also examines the following topics: implications of higher oil price expectations for economic growth; differences among types of crude oil available on world markets; energy technologies on the cusp of being introduced; nonconventional liquids technologies beginning to play a larger role in energy markets; advanced vehicle technologies included in AEO2006; mercury emissions control technologies; and U.S. greenhouse gas intensity. “Issues in Focus” is followed by “Energy Market Trends,” which provides a summary of the AEO2006 projections for energy markets.

432

Annual Energy Outlook 2011 Reference Case  

Gasoline and Diesel Fuel Update (EIA)

Center for Strategic and International Studies Center for Strategic and International Studies Howard Gruenspecht, Acting Administrator September 19, 2011 | Washington, DC International Energy Outlook 2011 Key findings in the IEO2011 Reference case 2 Howard Gruenspecht CSIS, September 19, 2011 * World energy consumption increases by 53% between 2008 and 2035 with half of the increase attributed to China and India * Renewables are the world's fastest-growing energy source, at 2.8% per year; renewables share of world energy grows to roughly 15% in 2035 * Fossil fuels continue to supply almost 80% of world energy use in 2035 * Liquid fuels remain the largest energy source worldwide through 2035, but the oil share of total energy declines to 28% in 2035, as sustained high oil prices dampen demand and encourage fuel

433

EIA - Appendix E-Low Price Case Projections Tables  

Gasoline and Diesel Fuel Update (EIA)

10 > Low Price Case Projections (2005-2035) 10 > Low Price Case Projections (2005-2035) International Energy Outlook 2010 Low Oil Price Case Projections Tables (2005-2035) Formats Table Data Titles (1 to 12 complete) Low Oil Price Case Projections Tables (1990-2030). Need help, contact the National Energy Information Center at 202-586-8800. Appendix E. Low Oil Price Case Projections Tables (1990-2030). Need help, contact the National Energy Information Center at 202-586-8800. Table E1 World Total Energy Consumption by Region Table E1. World Total Energy Consumption by Region. Need help, contact the National Energy Information Center at 202-586-8800. Table E2 World Total Energy Consumption by Region and Fuel Table E2. World Total Energy Consumption by Region and Fuel. Need help, contact the National Energy Information Center at 202-586-8800.

434

EIA - Appendix D - High Price Case Projections Tables  

Gasoline and Diesel Fuel Update (EIA)

High Price Case Projections Tables (2005-2035) High Price Case Projections Tables (2005-2035) International Energy Outlook 2010 High Oil Price Case Projections Tables (2005-2035) Formats Data Table Titles (1 to 12 complete) High Oil Price Case Projections Tables (1990-2030). Need help, contact the National Energy Information Center at 202-586-8800. Appendix D. High Oil Price Case Projections Tables (1990-2030). Need help, contact the National Energy Information Center at 202-586-8800. Table D1 World Total Primary Energy Consumption by Region Table D1. World Total Primary Energy Consumption by Region. Need help, contact the National Energy Information Center at 202-586-8800. Table D2 World Total Energy Consumption by Region and Fuel Table D2. World total Energy Consumption by Region and Fuel. Need help, contact the National Energy Information Center at 202-586-8800.

435

An economic assessment of the impact of two crude oil price scenarios on households  

SciTech Connect

The impact of two possible future crude oil price scenarios -- high and low price cases -- is assessed for three population groups: majority (non-Hispanic and nonblack), black, and Hispanic. The two price scenarios were taken from the energy security'' report published by the US Department of Energy in 1987. Effects of the two crude oil price scenarios for the 1986--95 period are measured for energy demand and composition and for share of income spent on energy by the three population groups at both the national and census-region levels. The effects on blacks are marginally more adverse than on majority householders, while effects on Hispanics are about the same as those on the majority. Little change is seen in percentage of income spent on energy over the forecast period. Both Hispanic and black households would spend a larger share of their incomes on energy than would majority households. The relatively adverse effects in the higher price scenario shift from the South and West Census regions to the Northeast and Midwest. 24 refs., 7 figs., 22 tabs.

Poyer, D.A.; Teotia, A.P.S.; Hemphill, R.C.; Hill, L.G.; Marinelli, J.L.; Rose, K.J.; Santini, D.J.

1990-02-01T23:59:59.000Z

436

EIA - Appendix E-Low Price Case Projections Tables (1990-2030)  

Gasoline and Diesel Fuel Update (EIA)

09 > Low Price Case Projections (1990-2030) 09 > Low Price Case Projections (1990-2030) International Energy Outlook 2009 Low Oil Price Case Projections Tables (1990-2030) Formats Table Data Titles (1 to 12 complete) Low Oil Price Case Projections Tables (1990-2030). Need help, contact the National Energy Information Center at 202-586-8800. Low Oil Price Case Projections Tables (1990-2030). Need help, contact the National Energy Information Center at 202-586-8800. Table E1 World Total Energy Consumption by Region, Low Price Case Table E1. World Total Energy Consumption by Region. Need help, contact the National Energy Information Center at 202-586-8800. Table E2 World Total Energy Consumption by Region and Fuel, Low Price Case Table E2. World Total Energy Consumption by Region and Fuel. Need help, contact the National Energy Information Center at 202-586-8800.

437

Identifying the Oil Price-Macroeconomy Relationship: An Empirical Mode Decomposition Analysis of U.S. Data  

SciTech Connect

This work applies the empirical mode decomposition (EMD) method to data on real quarterly oil price (West Texas Intermediate - WTI) and U.S. gross domestic product (GDP). This relatively new method is adaptive and capable of handling non-linear and non-stationary data. Correlation analysis of the decomposition results was performed and examined for insights into the oil-macroeconomy relationship. Several components of this relationship were identified. However, the principal one is that the medium-run cyclical component of the oil price exerts a negative and exogenous influence on the main cyclical component of the GDP. This can be interpreted as the supply-driven or supply-shock component of the oil price-GDP relationship. In addition, weak correlations suggesting a lagging demand-driven, an expectations-driven, and a long-run supply-driven component of the relationship were also identified. Comparisons of these findings with significant oil supply disruption and recession dates were supportive. The study identified a number of lessons applicable to recent oil market events, including the eventuality of persistent economic and price declines following a long oil price run-up. In addition, it was found that oil-market related exogenous events are associated with short- to medium-run price implications regardless of whether they lead to actual supply disruptions.

Oladosu, Gbadebo A [ORNL

2009-01-01T23:59:59.000Z

438

Natural Gas Summary from the Short-Term Energy Outlook  

Gasoline and Diesel Fuel Update (EIA)

about $3.49 per MMBtu through December 2002 and then increase to $3.76 in January 2003, the peak demand month of the heating season (Short-Term Energy Outlook, released November 7, 2002). Natural gas prices were higher than expected in October as storms in the Gulf of Mexico in late September temporarily shut in some gas production, causing spot prices at the Henry Hub and elsewhere to rise above $4.00 per million Btu for most of October. In addition, early winter-like temperatures, particularly in the Midwest and Northeast, increased demand for natural gas, placing upward pressure on gas prices. Overall in 2002, wellhead prices are expected to average about $2.84 per MMBtu compared with $4.00 in 2001. Prices during the heating season (November through March), assuming normal weather, are expected to average $3.56 per MMBtu, which is about $1.20 higher than last winter's price. Prices to residential customers during the heating season are expected to average $7.81 per MMBtu compared with $7.14 last winter. In 2003, wellhead prices are projected to average $3.28 per MMBtu, or about $0.44 per MMBtu more than in 2002, owing to expectations of increasing economic growth, little or no change in the annual average crude oil price for 2003, and lower storage levels for most of 2003 compared with 2002 levels.

439

Short-Term Energy Outlook April 1999-Summer Gasoline Outlook  

Gasoline and Diesel Fuel Update (EIA)

Summer Motor Gasoline Outlook Summer Motor Gasoline Outlook This year's base case outlook for summer (April-September) motor gasoline markets may be summarized as follows: * Pump Prices: (average regular) projected to average about $1.13 per gallon this summer, up 9-10 cents from last year. The increase, while substantial, still leaves average prices low compared to pre-1998 history, especially in inflation-adjusted terms. * Supplies: expected to be adequate, overall. Beginning-of-season inventories were even with the 1998 level, which was at the high end of the normal range. However, some refinery problems on the West Coast have tightened things up, at least temporarily. * Demand: up 2.0 percent from last summer due to solid economic growth and low (albeit rising) fuel prices; highway travel may reach 1.4 trillion miles for the

440

Linear and non-linear Granger causality between oil spot and futures prices: A wavelet based test  

Science Journals Connector (OSTI)

Abstract This study is the first attempt to investigate both the linear and non-linear Granger causality between wavelet transformed spot and futures oil prices. Our findings consistently indicate bidirectional causality between the spot and futures oil markets at different time scales, under linear and non-linear causality assumptions, and also during the recent financial crisis. Our results tend to shed further light on the ongoing controversy over the relative price discovery role played by spot market as opposed to futures market in oil price fluctuations, especially during periods of high uncertainty.

Mohammed Alzahrani; Mansur Masih; Omar Al-Titi

2014-01-01T23:59:59.000Z

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We encourage you to perform a real-time search of NLEBeta
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441

Distillate Fuel Oil Imports Could Be Available - For A Price  

Gasoline and Diesel Fuel Update (EIA)

4 4 Notes: So it wasn't demand and production explains only part of the reason we got through last winter with enough stocks. The mystery is solved when you look at net imports of distillate fuel last winter. As we found out, while imports are a small contributor to supply, they are sometimes crucial. Last winter, imports were the main source of supply increase following the price spike. Previous record levels were shattered as imports came pouring into the country. The fact that Europe was enjoying a warmer-than-normal winter also encouraged exports to the United States. It was massive amounts of imports, particularly from Russia, that helped us get through last winter in as good a shape as we did. Imports are expected to be relatively normal this winter. Added imports

442

A Non Parametric Model for the Forecasting of the Venezuelan Oil Prices  

E-Print Network (OSTI)

A neural net model for forecasting the prices of Venezuelan crude oil is proposed. The inputs of the neural net are selected by reference to a dynamic system model of oil prices by Mashayekhi (1995, 2001) and its performance is evaluated using two criteria: the Excess Profitability test by Anatoliev and Gerko (2005) and the characteristics of the equity curve generated by a trading strategy based on the neural net predictions. ----- Se introduce aqui un modelo no parametrico para pronosticar los precios del petroleo Venezolano cuyos insumos son seleccionados en base a un sistema dinamico que explica los precios en terminos de dichos insumos. Se describe el proceso de recoleccion y pre-procesamiento de datos y la corrida de la red y se evaluan sus pronosticos a traves de un test estadistico de predictibilidad y de las caracteristicas del Equity Curve inducido por la estrategia de compraventa bursatil generada por dichos pronosticos.

Costanzo, Sabatino; Dehne, Wafaa; Prato, Hender

2007-01-01T23:59:59.000Z

443

THE WEEK'S PRICE CHANGES  

Science Journals Connector (OSTI)

THE WEEK'S PRICE CHANGES ... Socony Vacuum Oil Co. effected a second reduction in its prices for No. 2 fuel oil and ... ...

1950-02-27T23:59:59.000Z

444

International Energy Outlook 2013  

Gasoline and Diesel Fuel Update (EIA)

1 1 U.S. Energy Information Administration | International Energy Outlook 2013 Low Oil Price case projections Table E4. World liquids consumption by region, Low Oil Price case, 2009-2040 (million barrels per day) Region History Projections Average annual percent change, 2010-2040 2009 2010 2015 2020 2025 2030 2035 2040 OECD OECD Americas 23.1 23.5 24.2 25.1 25.2 25.2 25.7 26.7 0.4 United States a 18.6 18.9 19.4 20.0 19.8 19.6 19.7 20.2 0.2 Canada 2.2 2.2 2.3 2.3 2.3 2.4 2.4 2.5 0.4 Mexico/Chile 2.4 2.4 2.5 2.8 3.0 3.3 3.6 4.0 1.7 OECD Europe 15.0 14.8 13.7 14.5 14.7 15.1 15.4 15.8 0.2 OECD Asia 7.7 7.7 8.3 8.7 8.9 8.9 9.0 9.1 0.5 Japan 4.4 4.4 4.7 4.8 4.8 4.7 4.6 4.5 0.1 South Korea 2.2 2.3 2.5 2.7 2.9 3.0 3.1 3.2 1.2 Australia/NewZealand 1.1 1.1 1.2 1.2 1.2 1.3 1.3 1.4 0.8 Total OECD 45.8 46.0 46.2 48.3 48.8 49.2 50.2 51.5 0.4 Non-OECD Non-OECD Europe and Eurasia

445

World oil demands shift toward faster growing and less price-responsive products and regions  

Science Journals Connector (OSTI)

Using data for 19712008, we estimate the effects of changes in price and income on world oil demand, disaggregated by product transport oil, fuel oil (residual and heating oil), and other oil for six groups of countries. Most of the demand reductions since 197374 were due to fuel-switching away from fuel oil, especially in the OECD; in addition, the collapse of the Former Soviet Union (FSU) reduced their oil consumption substantially. Demand for transport and other oil was much less price-responsive, and has grown almost as rapidly as income, especially outside the OECD and FSU. World oil demand has shifted toward products and regions that are faster growing and less price-responsive. In contrast to projections to 2030 of declining per-capita demand for the world as a whole by the U.S. Department of Energy (DOE), International Energy Agency (IEA) and OPEC we project modest growth. Our projections for total world demand in 2030 are at least 20% higher than projections by those three institutions, using similar assumptions about income growth and oil prices, because we project rest-of-world growth that is consistent with historical patterns, in contrast to the dramatic slowdowns which they project.

Joyce M. Dargay; Dermot Gately

2010-01-01T23:59:59.000Z

446

Research on patterns in the fluctuation of the co-movement between crude oil futures and spot prices: A complex network approach  

Science Journals Connector (OSTI)

Abstract The price of crude oil is fluctuating. Researchers focus on the fluctuation of crude oil prices or relationship between crude oil futures and spot prices. However, the relationship also presents fluctuation which draws our attention. This paper designed a complex network approach for examining the dynamics of the co-movement between crude oil futures and spot prices. We defined the co-movement modes by a coarse-graining procedure and analyzed the transformation characteristics between the modes by weighted complex network models and evolutionary models. We analyzed the parameters of these models by using the West Texas Intermediate crude oil future prices and the Daqing (China) crude oil spot prices from November 25, 2002 to March 22, 2011 as sample data. The results indicate that the co-movement modes of the crude oil futures and spot prices are clustered around a few critical modes during the evolution. The co-movement of the crude oil prices has the characteristic of grouping, and the conversion of the co-movement modes requires an average of 57days. There are some important transitional phases in the evolution of prices, and the results validate the current trend of rising oil prices. This research may provide information for the oil price decision-making process, and more importantly, provides a new approach for examining the co-movement between variables.

Haizhong An; Xiangyun Gao; Wei Fang; Yinghui Ding; Weiqiong Zhong

2014-01-01T23:59:59.000Z

447

Consumer Winter Heating Oil Costs  

Gasoline and Diesel Fuel Update (EIA)

6 6 Notes: The outlook for heating oil costs this winter, due to high crude oil costs and tight heating oil supplies, breaks down to an expected increase in heating expenditures for a typical oil-heated household of more than $200 this winter, the result of an 18% increase in the average price and an 11% increase in consumption. The consumption increase is due to the colder than normal temperatures experienced so far this winter and our expectations of normal winter weather for the rest of this heating season. Last winter, Northeast heating oil (and diesel fuel) markets experienced an extremely sharp spike in prices when a severe weather situation developed in late January. It is virtually impossible to gauge the probability of a similar (or worse) price shock recurring this winter,

448

Assumptions to the Annual Energy Outlook - International Energy Module  

Gasoline and Diesel Fuel Update (EIA)

International Energy Module International Energy Module Assumption to the Annual Energy Outlook International Energy Module Figure 2. World Oil Prices in three Cases, 1970-2025. Having problems, call our National Energy Information Center at 202-586-8800 for help. Figure Data Figure 3. OPEC Oil Production in the Reference Case, 1970-2025. Having problems, call our National Energy Information Center at 202-586-8800 for help. Figure Data Figure 4. Non-OPEC Production in the Reference Case, 1970-2025. Having problems, call our National Energy Information Center at 202-586-8800 for help. Figure Data Table 4. Worldwide Oil Reserves as of January 1, 2002 (Billion Barrels) Printer Friendly Version Region Proved Oil Reserves Western Hemisphere 313.6 Western‘Europe 18.1 Asia-Pacific 38.7

449

Sunco Oil manufactures three types of gasoline (gas 1, gas 2 and gas 3). Each type is produced by blending three types of crude oil (crude 1, crude 2 and crude 3). The sales price per barrel of gasoline and the purchase price per  

E-Print Network (OSTI)

Sunco Oil manufactures three types of gasoline (gas 1, gas 2 and gas 3). Each type is produced by blending three types of crude oil (crude 1, crude 2 and crude 3). The sales price per barrel of gasoline and the purchase price per barrel of crude oil are given in following table: Gasoline Sale Price per barrel Gas 1

Phillips, David

450

Natural Gas Summary from the Short-Term Energy Outlook  

Gasoline and Diesel Fuel Update (EIA)

4.41 per MMBtu in December 2003, although spot prices are expected to average $5.38 (Short-Term Energy Outlook, December 2003). The average wellhead price is expected to increase moderately to $4.56 during the first three months of 2004. Natural gas prices were lower in November than previously expected but forward price expectations remain sensitive to weather conditions. Prices increased rapidly in futures trading in early December as some cold weather moved into the Eastern United States and reported withdrawals from gas storage were slightly larger than expected. Spot prices above $5 per MMBtu remain likely over the next few months if normal (or colder) weather prevails, especially with oil prices remaining at relatively high levels. Natural gas storage levels are still above average and hold the potential to push prices back down if warm temperatures and weak heating demand materialize later in the winter, just as upward spikes remain a strong possibility if the weather turns cold.

451

Microsoft Word - Documentation - Price Forecast Uncertainty.doc  

U.S. Energy Information Administration (EIA) Indexed Site

October 2009 October 2009 1 October 2009 Short-Term Energy Outlook Supplement: Energy Price Volatility and Forecast Uncertainty 1 Summary It is often noted that energy prices are quite volatile, reflecting market participants' adjustments to new information from physical energy markets and/or markets in energy- related financial derivatives. Price volatility is an indication of the level of uncertainty, or risk, in the market. This paper describes how markets price risk and how the market- clearing process for risk transfer can be used to generate "price bands" around observed futures prices for crude oil, natural gas, and other commodities. These bands provide a quantitative measure of uncertainty regarding the range in which markets expect prices to

452

Speculative trading and oil price dynamic: A study of the WTI market  

Science Journals Connector (OSTI)

The aim of this paper is to study the oil price dynamic in West Texas Intermediate (WTI) market in the US. By using statistical and econometric tools, we first attempt to identify the long term relationship between WTI spot prices and the prices of futures contracts on the New York Mercantile Exchange (NYMEX). Subsequently we model the short term dynamic between these two prices and this analysis points up several breaks. On this basis, a short term Markov Switching Vectorial Error Correction model (MS-VECM) with two distinct states (standard state and crisis state) has been estimated. Finally we introduce the volumes of transactions observed on the NYMEX for the WTI contracts and we estimate the influence of the non-commercial players. We conclude that the hypothesis of an influence of non-commercial players on the probability for being in the crisis state cannot be rejected. In addition, we show that the rise in liquidity of the first financial contracts, as measured by the volume of open interest, is a key element to understand the dynamics in market prices.

Emmanuel Hache; Frdric Lantz

2013-01-01T23:59:59.000Z

453

Annual Energy Outlook 2006 with Projections to 2030 - Electricity  

Gasoline and Diesel Fuel Update (EIA)

Oil and Natural Gas Oil and Natural Gas Annual Energy Outlook 2006 with Projections to 2030 Increases in Natural Gas Use Are Moderated by High Prices In the AEO2006 reference case, total natural gas consumption increases from 22.4 trillion cubic feet in 2004 to 26.9 trillion cubic feet in 2030. Most of the increase is seen before 2017, when total U.S. natural gas consumption reaches just under 26.5 trillion cubic feet. After 2017, high natural gas prices limit consumption to about 27 trillion cubic feet through 2030. Consequently, the natural gas share of total energy consumption drops from 23 percent in 2004 to 21 percent in 2030. Figure 71. Natural gas consumption by sector, 1990-2030 (trillion cubic feet). Having problems, call our National Energy Information Center at 202-586-8800 for help.

454

EIA - Assumptions to the Annual Energy Outlook 2010 - International Energy  

Gasoline and Diesel Fuel Update (EIA)

International Energy Module International Energy Module Assumptions to the Annual Energy Outlook 2010 International Energy Module Figure 2. World Oil Prices in Three Cases, 1995-2035 Figure 2. World Oil Prices in three Cases, 1995-2035 (2008 dollars per barrel). Need help, contact the National Energy Information Center at 202-586-8800. figure data Figure 3. OPEC Total Liquids Production in the Reference Case, 1980-2035 Figure 3. OPEC Total Liquids Production in the Reference Case, 1995-2030 (million barrels per day). Need help, contact the National Energy Information Center at 202-586-8800. figure data Figure 4. Non-OPEC Total Liquids Production in the Reference Case, 1980-2035 Figure 4. Non-OPEC Total Liquids Production in the Reference Case, 1995-2030 (million barrels per day). Need help, contact the National Energy Information Center at 202-586-8800.

455

Estimating VaR and ES of the spot price of oil using futures-varying centiles  

Science Journals Connector (OSTI)

This paper illustrates the power of modern statistical modelling in estimating measures of market risk, here applied to the Brent and WTI spot price of oil. Both Value-at-Risk (VaR) and Expected Shortfall (ES) are cast in terms of conditional centiles based upon semi-parametric regression models. Using the GAMLSS statistical framework, we stress the important aspects of selecting a highly flexible parametric distribution (skewed Student's t-distribution) and of modelling both skewness and kurtosis as non-parametric functions of the price of oil futures. Furthermore, an empirical application characterises the relationship between spot oil prices and oil futures - exploiting the futures market to explain the dynamics of the physical market. Our results suggest that NYMEX WTI has heavier tails compared with the ICE Brent. Contrary to the common platitude of the industry, we argue that 'somebody knows something' in the oil business.

Giacomo Scandroglio; Andrea Gori; Emiliano Vaccaro; Vlasios Voudouris

2013-01-01T23:59:59.000Z

456

Annual Energy Outlook 2002 with Projections to 2020 - Overview  

Gasoline and Diesel Fuel Update (EIA)

Overview Key Energy Issues to 2020 | Economic Growth | Energy Prices | Energy Consumption | Energy Intensity | Electricity Generation | Energy Production and Imports | Carbon Dioxide Emissions Key Energy Issues to 2020 Over the past year, energy markets have been extremely volatile, with high prices for oil and natural gas and concerns for energy shortages earlier in the year giving way to an economic slowdown and lower prices following the September terrorist attacks in the United States. Those events are incorporated in the short-term projections for the Annual Energy Outlook 2002 (AEO2002), but long-term volatility in energy markets is not expected to result from their impacts or from the impacts of such future events as supply disruptions or severe weather. AEO2002 focuses on long-term events,

457

Microsoft Word - Summer 2004 Motor Gasoline Outlook.doc  

Gasoline and Diesel Fuel Update (EIA)

April 2004 April 2004 Summer 2004 Motor Gasoline Outlook Summary * Gasoline markets are tight as the 2004 driving season begins and conditions are likely to remain volatile through the summer. High crude oil costs, strong gasoline demand growth, low gasoline inventories, uncertainty about the availability of gasoline imports, high transportation costs, and changes in gasoline specifications have added to current and expected gasoline costs and pump prices. * For the upcoming summer driving season (April to September 2004), retail gasoline prices (regular grade, all formulations) are projected to average $1.76 per gallon, about 20 cents above last summer. A 95-percent confidence range for the summer price average, excluding specific consideration of major

458

Short-Term Energy Outlook - U.S. Energy Information Administration (EIA)  

U.S. Energy Information Administration (EIA) Indexed Site

‹ Analysis & Projections ‹ Analysis & Projections Short-Term Energy Outlook Release Date: December 10, 2013 | Next Release Date: January 7, 2014 | Full Report | Text Only | All Tables | All Figures Glossary › FAQS › Overview STEO Report Highlights Prices Global Crude Oil and Liquid Fuels U.S. Crude Oil and Liquid Fuels Natural Gas Coal Electricity Renewables and CO2 Emissions U.S. Economic Assumptions Data Figures Tables Custom Table Builder Real Prices Viewer Forecast Changes (PDF) Special Analysis Price Uncertainty Highlights After falling by more than 40 cents per gallon from the beginning of September through mid-November, weekly U.S. average regular gasoline retail prices increased by 8 cents per gallon to reach $3.27 per gallon on December 2, 2013, due in part to unplanned refinery maintenance and higher

459

Annual Energy Outlook with Projections to 2025 - Preface  

Gasoline and Diesel Fuel Update (EIA)

Preface Preface Annual Energy Outlook 2005 Preface The Annual Energy Outlook 2005 (AEO2005) presents midterm forecasts of energy supply, demand, and prices through 2025 prepared by the Energy Information Administration (EIA). The projections are based on results from EIA’s National Energy Modeling System (NEMS). The report begins with an “Overview” summarizing the AEO2005 reference case. The next section, “Legislation and Regulations,” discusses evolving legislation and regulatory issues, including legislation and regulations that have been enacted and some that are proposed. Next, the “Issues in Focus” section discusses key energy market issues and examines their potential impacts. In particular, it includes a discussion of the world oil price assumptions used in the reference case and four alternative world oil price cases examined in AEO2005. “Issues in Focus” is followed by “Market Trends,” which provides a summary of energy market trends in the AEO2005 forecast.

460

Assumptions to the Annual Energy Outlook - Petroleum Market Module  

Gasoline and Diesel Fuel Update (EIA)

Petroleum Market Module Petroleum Market Module Assumption to the Annual Energy Outlook Petroleum Market Module Figure 8. Petroleum Administration for Defense Districts. Having problems, call our National Energy Information Center at 202-586-8800 for help. The NEMS Petroleum Market Module (PMM) forecasts petroleum product prices and sources of supply for meeting petroleum product demand. The sources of supply include crude oil (both domestic and imported), petroleum product imports, other refinery inputs including alcohols, ethers, and bioesters natural gas plant liquids production, and refinery processing gain. In addition, the PMM estimates capacity expansion and fuel consumption of domestic refineries. The PMM contains a linear programming representation of U.S. refining

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


461

International Energy Outlook 2013  

Gasoline and Diesel Fuel Update (EIA)

3 3 U.S. Energy Information Administration | International Energy Outlook 2013 Projections of liquid fuels and other petroleum production in five cases Table G7. World petroleum and other liquids production by region and country, Low Oil Price case, 2010-2040 (million barrels per day) Region/country History (estimates) Projections Average annual percent change, 2010-2040 2010 2011 2015 2020 2025 2030 2035 2040 OPEC a 34.9 35.1 37.6 43.9 47.5 50.7 56.3 61.5 1.9 Middle East 23.8 25.4 25.5 30.7 33.6 36.1 40.5 44.7 2.1 North Africa 3.8 2.4 3.7 3.7 3.9 4.0 4.4 4.6 0.7 West Africa 4.4 4.3 5.2 5.8 6.1 6.5 6.8 7.1 1.6 South America 2.9 3.0 3.1 3.6 3.9 4.2 4.6 5.1 2.0 Non-OPEC 51.6 51.6 55.5 56.8 57.8 59.2 58.9 59.6 0.5 OECD 21.2 21.2 23.5 23.2 22.5 22.0 21.6 22.0 0.1

462

International Energy Outlook 2013  

Gasoline and Diesel Fuel Update (EIA)

1 1 U.S. Energy Information Administration | International Energy Outlook 2013 Projections of liquid fuels and other petroleum production in five cases Table G5. World petroleum production by region and country, High Oil Price case, 2010-2040 (million barrels per day) Region/country History (estimates) Projections Average annual percent change, 2010-2040 2010 2011 2015 2020 2025 2030 2035 2040 OPEC a 34.8 35.0 33.9 34.2 36.5 39.3 42.8 45.3 0.9 Middle East 23.8 25.3 23.0 23.6 25.4 27.9 30.8 33.0 1.1 North Africa 3.8 2.4 3.3 3.0 3.1 3.2 3.6 3.7 -0.1 West Africa 4.4 4.3 4.7 4.7 5.0 5.1 5.3 5.3 0.6 South America 2.9 3.0 2.9 3.0 3.0 3.0 3.1 3.3 0.4 Non-OPEC 50.1 50.0 54.1 55.9 56.8 59.5 62.2 65.7 0.9 OECD 20.4 20.3 23.1 23.6 23.4 23.4 24.2 25.2 0.7 OECD Americas 15.2

463

U.S. Energy Information Administration | Annual Energy Outlook 2013  

Gasoline and Diesel Fuel Update (EIA)

U.S. Energy Information Administration | Annual Energy Outlook 2013 U.S. Energy Information Administration | Annual Energy Outlook 2013 Energy Information Administration / Annual Energy Outlook 2013 Table A1. Total energy supply, disposition, and price summary (quadrillion Btu per year, unless otherwise noted) Supply, disposition, and prices Reference case Annual growth 2011-2040 (percent) 2010 2011 2020 2025 2030 2035 2040 Production Crude oil and lease condensate ............................ 11.59 12.16 15.95 14.50 13.47 13.40 13.12 0.3% Natural gas plant liquids ........................................ 2.78 2.88 4.14 4.20 3.85 3.87 3.89 1.0% Dry natural gas ...................................................... 21.82 23.51 27.19 29.22 30.44 32.04 33.87 1.3% Coal 1 ...................................................................... 22.04 22.21 21.74 22.54 23.25 23.60 23.54 0.2%

464

Annual Energy Outlook 2011: With Projections to 2035  

Gasoline and Diesel Fuel Update (EIA)

Annual Energy Outlook 2011 Annual Energy Outlook 2011 Energy Information Administration / Annual Energy Outlook 2011 1 Table B1. Total Energy Supply, Disposition, and Price Summary (Quadrillion Btu per Year, Unless Otherwise Noted) Supply, Disposition, and Prices 2009 Projections 2015 2025 2035 Low Economic Growth Reference High Economic Growth Low Economic Growth Reference High Economic Growth Low Economic Growth Reference High Economic Growth Production Crude Oil and Lease Condensate . . . . . . . . . . 11.34 12.53 12.51 12.55 12.44 12.64 12.62 12.13 12.80 12.87 Natural Gas Plant Liquids . . . . . . . . . . . . . . . . 2.57 2.79 2.86 2.89 3.39 3.55 3.70 3.59 3.92 4.11 Dry Natural Gas . . . . . . . . . . . . . . . . . . . . . . . . 21.50 22.50 23.01 23.30 23.58 24.60 25.54 24.92 27.00 30.16 Coal 1 . . . . . . . . . . . . . . . . . . . . . . . . .

465

Short-Term Energy Outlook  

Gasoline and Diesel Fuel Update (EIA)

(83/3Q) (83/3Q) Short-Term Energy Outlook iuarterly Projections August 1983 Energy Information Administration Washington, D.C. 20585 t rt jrt- .ort- iort- iort- iort- nort- lort- '.ort- ort- Tt- .-m .erm -Term -Term -Term -Term -Term -Term -Term -Term -Term -Term -Term -Term Term .-Term -Term xrm Energy Energy Energy Energy Energy Energy Energy Energy Energy Energy Energy Energy Energy Energy Energy Energy Energy Energy Energy Energy Energy ^nergy -OJ.UUK Outlook Outlook Outlook Outlook Outlook Outlook Outlook Outlook Outlook Outlook Outlook Outlook Outlook Outlook Outlook Outlook Outlook Outlook Outlook Outlook Outlook Outlook Outlook Outlook Outlook Short-Term Short-Term Short-Term Short-Term Short-Term Short-Term Short-Term Short-Term Short-Term Short-Term Short-Term Short-Term Short-Term Short-Term Short-Term Short-Term Short-Term Short-Term

466

International Energy Outlook  

Gasoline and Diesel Fuel Update (EIA)

World Oil Markets World Oil Markets In the IEO2003 forecast, periodic production adjustments by OPEC members are not expected to have a significant long-term impact on world oil markets. Prices are projected to rise gradually through 2025 as the oil resource base is further developed. Throughout most of 2002, crude oil prices were solidly within the range preferred by producers in the Organization of Petroleum Exporting Countries (OPEC), $22 to $28 per barrel for the OPEC “basket price” (see Figure 14). OPEC producers have been demonstrating disciplined adherence to announced cutbacks in production. Early in 2003, a dramatic upward turn in crude oil prices was brought about by a combination of two factors. First, a general strike against the Chavez regime resulted in a sudden drop in Venezuela’s oil exports. Although other OPEC producers agreed to increase production to make up for the lost Venezuelan output, the obvious strain on worldwide spare capacity kept prices high. Second, price volatility was exacerbated by fears of war in Iraq.

467

A wavelet-based nonlinear ARDL model for assessing the exchange rate pass-through to crude oil prices  

Science Journals Connector (OSTI)

Abstract We investigate whether changes in the US dollar exchange rates of eighteen currencies help explain the movements in the price of crude oil by using a wavelet-based nonlinear autoregressive distributed lags model (W-NARDL). This model allows one to capture the short- and long-run nonlinearities while taking into account the potential of extreme movements and excluding the noise components of the underlying data. We find evidence of significant and asymmetric pass-through of exchange rates to oil prices in both the short and long run. In particular, the long-run negative changes in exchange rates (dollar depreciation) exert a greater impact on oil prices than do the long-run positive changes (dollar appreciation), even though the sign of the effect is commonly negative in most cases. Our results finally suggest that denoising the crude oil and exchange rate data is effective and necessary before their interactions can be analyzed.

Rania Jammazi; Amine Lahiani; Duc Khuong Nguyen

2014-01-01T23:59:59.000Z

468

International energy outlook 2006  

SciTech Connect

This report presents international energy projections through 2030, prepared by the Energy Information Administration. After a chapter entitled 'Highlights', the report begins with a review of world energy and economic outlook, followed by energy consumption by end-use sector. The next chapter is on world oil markets. Natural gas, world coal market and electricity consumption and supply are then discussed. The final chapter covers energy-related carbon dioxide emissions.

NONE

2006-06-15T23:59:59.000Z

469

Assumptions to the Annual Energy Outlook 2013  

U.S. Energy Information Administration (EIA) Indexed Site

Energy Module Energy Module This page inTenTionally lefT blank 21 U.S. Energy Information Administration | Assumptions to the Annual Energy Outlook 2013 International Energy Module The LFMM International Energy Module (IEM) simulates the interaction between U.S. and global petroleum markets. It uses assumptions of economic growth and expectations of future U.S. and world crude-like liquids production and consumption to estimate the effects of changes in U.S. liquid fuels markets on the international petroleum market. For each year of the forecast, the LFMM IEM computes BRENT and WTI prices, provides a supply curve of world crude-like liquids, and generates a worldwide oil supply- demand balance with regional detail. The IEM also provides, for each year of the projection period, endogenous and

470

Annual Energy Outlook 2001 - Issues in Focus  

Gasoline and Diesel Fuel Update (EIA)

Issues in Focus Issues in Focus Macroeconomic Forecasting with the Revised National Income and Product Accounts (NIPA) Phasing Out MTBE in Gasoline World Oil Demand and Prices Distributed Electricity Generation Resources Natural Gas Supply Availability Restructuring of State Retail Markets for Electricity Carbon Dioxide Emissions in AEO2001 Macroeconomic Forecasting with the Revised National Income and Product Accounts (NIPA) The NIPA Comprehensive Revision Economic activity is a key determinant of growth in U.S. energy supply and demand. The derivation of the forecast of economic activity is therefore a critical step in developing the energy forecast presented in the Annual Energy Outlook 2001 (AEO2001). In turn, the forecast of economic activity is rooted fundamentally in the historical data series maintained by a

471

EIA - International Energy Outlook 2009 - Highlights Section  

Gasoline and Diesel Fuel Update (EIA)

Highlights Highlights International Energy Outlook 2009 Highlights World marketed energy consumption is projected to increase by 44 percent from 2006 to 2030. Total energy demand in the non-OECD countries increases by 73 percent, compared with an increase of 15 percent in the OECD countries. Figure 1. World Marketed Energy Consumption, 2006-2030 (Quadrillion Btu). Need help, contact the National Energy Information Center at 202-586-8800. Figure Data Figure 2. World Marketed Energy Use by Fuel Type, 1980-2030 (quadrillion Btu). Need help, contact the National Energy Information Center at 202-586-8800. Figure Data Figure 3. World Oil Prices in the IEO2009 and IEO2008 Reference Cases, 1980-2030 (2007 dollars per barrel). Need help, contact the National Energy Information Center at 202-586-8800.

472

EIA - International Energy Outlook 2008 - Highlights Section  

Gasoline and Diesel Fuel Update (EIA)

Highlights Highlights International Energy Outlook 2008 Highlights World marketed energy consumption is projected to increase by 50 percent from 2005 to 2030.Total energy demand in the non-OECD countries increases by 85 percent,compared with an increase of 19 percent in the OECD countries. Figure 1. World Marketed Energy Consumption, 2005-2030 (Quadrillion Btu). Need help, contact the National Energy Information Center at 202-586-8800. Figure Data Figure 2. World Marketed Energy Use by Fuel Type, 1980-2030 (quadrillion Btu). Need help, contact the National Energy Information Center at 202-586-8800. Figure Data Figure 3. World Oil Prices in Two Cases, 1980-2030 (nominal dollars per barrel). Need help, contact the National Energy Information Center at 202-586-8800.

473

Annual Energy Outlook with Projections to 2025  

Gasoline and Diesel Fuel Update (EIA)

5 with Projections to 2025 5 with Projections to 2025 Report #: DOE/EIA-0383(2005) Release date full report: January 2005 Next release date full report: January 2006 Early Release Reference Case date: December 2005 The Annual Energy Outlook presents a midterm forecast and analysis of US energy supply, demand, and prices through 2025. The projections are based on results from the Energy Information Administration's National Energy Modeling System. AEO2005 includes a reference case and over 30 sensitivities. Data Tables Summary Tables Adobe Acrobat Logo Yearly Tables Excel logo Regional and other detailed tables Excel logo (Supplemental) Contents Overview Market Drivers Trends in Economic Activity Economic Growth Cases International Oil Markets Energy Demand Projections Buildings Sector

474

,"U.S. Residual Fuel Oil Prices by Sales Type"  

U.S. Energy Information Administration (EIA) Indexed Site

Prices by Sales Type" Prices by Sales Type" ,"Click worksheet name or tab at bottom for data" ,"Worksheet Name","Description","# Of Series","Frequency","Latest Data for" ,"Data 1","Residual Fuel Oil Average",2,"Monthly","9/2013","1/15/1983" ,"Data 2","Sulfur Less Than or Equal to 1%",2,"Monthly","9/2013","1/15/1983" ,"Data 3","Sulfur Greater Than 1%",2,"Monthly","9/2013","1/15/1983" ,"Release Date:","12/2/2013" ,"Next Release Date:","1/2/2014" ,"Excel File Name:","pet_pri_resid_dcu_nus_m.xls" ,"Available from Web Page:","http://www.eia.gov/dnav/pet/pet_pri_resid_dcu_nus_m.htm"

475

Annual Energy Outlook 1998  

Gasoline and Diesel Fuel Update (EIA)

8) 8) Distribution Category UC-950 Annual Energy Outlook 1998 With Projections to 2020 December 1997 Energy Information Administration Office of Integrated Analysis and Forecasting U.S. Department of Energy Washington, DC 20585 This report was prepared by the Energy Information Administration, the independent statistical and analytical agency within the U.S. Department of Energy. The information contained herein should be attributed to the Energy Information Administra- tion and should not be construed as advocating or reflecting any policy position of the Department of Energy or any other or- ganization. The Annual Energy Outlook 1998 (AEO98) presents midterm forecasts of energy supply, demand, and prices through 2020 prepared by the Energy Informa- tion Administration (EIA). The projections are based on results from EIA's National Energy Modeling

476

2013 Propane Market Outlook  

Alternative Fuels and Advanced Vehicles Data Center (EERE)

3 3 Propane Market Outlook Assessment of Key Market Trends, Threats, and Opportunities Facing the Propane Industry Through 2020 P R E S E N T E D B Y : Prepared for the Propane Education & Research Council (PERC) by: ICF International, Inc. 9300 Lee Highway Fairfax, VA 22031 Tel (703) 218-2758 www.icfi.com Principal Authors: Mr. Michael Sloan msloan@icfi.com Mr. Warren Wilczewski wwilczewski@icfi.com Propane Market Outlook at a Glance ¡ Total consumer propane sales declined by more than 17 percent between 2009 and 2012, including 3.3 percent in 2011 and 10 to 12 percent in 2012. The declines in 2011 and 2012 were due primarily to much warmer than normal weather, as well as the impact of higher propane prices and continuing efficiency trends. Sales are expected to rebound in 2013 with a return to more

477

EIA - Annual Energy Outlook 2009 - Executive Summary  

Gasoline and Diesel Fuel Update (EIA)

Executive Summary Executive Summary Annual Energy Outlook 2009 with Projections to 2030 Executive Summary The past year has been a tumultuous one for world energy markets, with oil prices soaring through the first half of 2008 and diving in its second half. The downturn in the world economy has had a significant impact on energy demand, and the near-term future of energy markets is tied to the downturn’s uncertain depth and persistence. The recovery of the world’s financial markets is especially important for the energy supply outlook, because the capital-intensive nature of most large energy projects makes access to financing a critical necessity. The projections in AEO2009 look beyond current economic and financial woes and focus on factors that drive U.S. energy markets in the longer term. Key issues highlighted in the AEO2009 include higher but uncertain world oil prices, growing concern about greenhouse gas (GHG) emissions and its impacts on energy investment decisions, the increasing use of renewable fuels, the increasing production of unconventional natural gas, the shift in the transportation fleet to more efficient vehicles, and improved efficiency in end-use appliances. Using a reference case and a broad range of sensitivity cases, AEO2009 illustrates these key energy market trends and explores important areas of uncertainty in the U.S. energy economy. The AEO2009 cases, which were developed before enactment of the American Recovery and Reinvestment Act of 2009 (ARRA2009) in February 2009, reflect laws and policies in effect as of November 2008.

478

Volatility spillover effect of emerging markets and economic growth versus oil price volatility : the case of the Gulf Co-operation Council countries.  

E-Print Network (OSTI)

??The relationship between stock markets returns, economic growth and oil price volatility has been an issue of considerable debate. While there are many studies showing (more)

Fayyad, Abdallah

2013-01-01T23:59:59.000Z

479

,"Domestic Crude Oil First Purchase Prices by Area"  

U.S. Energy Information Administration (EIA) Indexed Site

Area" Area" ,"Click worksheet name or tab at bottom for data" ,"Worksheet Name","Description","# Of Series","Frequency","Latest Data for" ,"Data 1","Domestic Crude Oil First Purchase Prices by Area",35,"Monthly","9/2013","1/15/1974" ,"Release Date:","12/2/2013" ,"Next Release Date:","1/2/2014" ,"Excel File Name:","pet_pri_dfp1_k_m.xls" ,"Available from Web Page:","http://www.eia.gov/dnav/pet/pet_pri_dfp1_k_m.htm" ,"Source:","Energy Information Administration" ,"For Help, Contact:","infoctr@eia.gov" ,,"(202) 586-8800",,,"12/2/2013 3:15:37 AM"

480

,"Domestic Crude Oil First Purchase Prices by API Gravity"  

U.S. Energy Information Administration (EIA) Indexed Site

API Gravity" API Gravity" ,"Click worksheet name or tab at bottom for data" ,"Worksheet Name","Description","# Of Series","Frequency","Latest Data for" ,"Data 1","Domestic Crude Oil First Purchase Prices by API Gravity",6,"Monthly","9/2013","10/15/1993" ,"Release Date:","12/2/2013" ,"Next Release Date:","1/2/2014" ,"Excel File Name:","pet_pri_dfp3_k_m.xls" ,"Available from Web Page:","http://www.eia.gov/dnav/pet/pet_pri_dfp3_k_m.htm" ,"Source:","Energy Information Administration" ,"For Help, Contact:","infoctr@eia.gov" ,,"(202) 586-8800",,,"12/2/2013 3:15:39 AM"

Note: This page contains sample records for the topic "oil price outlook" from the National Library of EnergyBeta (NLEBeta).
While these samples are representative of the content of NLEBeta,
they are not comprehensive nor are they the most current set.
We encourage you to perform a real-time search of NLEBeta
to obtain the most current and comprehensive results.


481

Jumps and stochastic volatility in crude oil futures prices using conditional moments of integrated volatility  

Science Journals Connector (OSTI)

Abstract We evaluate alternative models of the volatility of commodity futures prices based on high-frequency intraday data from the crude oil futures markets for the October 2001December 2012 period. These models are implemented with a simple GMM estimator that matches sample moments of the realized volatility to the corresponding population moments of the integrated volatility. Models incorporating both stochastic volatility and jumps in the returns series are compared on the basis of the overall fit of the data over the full sample period and subsamples. We also find that jumps in the returns series add to the accuracy of volatility forecasts.

Christopher F. Baum; Paola Zerilli

2014-01-01T23:59:59.000Z

482

Modelling and forecasting Oman crude oil prices using Box-Jenkins techniques  

Science Journals Connector (OSTI)

The Box-Jenkins' Auto Regressive Integrated Moving Average (ARIMA) modelling approach has been applied for the time series analysis of monthly average prices of Oman crude oil taken over a period of 10 years. Several seasonal and non-seasonal ARIMA models were identified. These models were then estimated and compared for their adequacy using the significance of the parameter estimates, mean square errors and Modified Box-Pierce (Ljung-Box) Chi-Square statistic. Based on these criterion a multiplicative seasonal model of the form ARIMA (1,1,5)x(1,1,1) was recommended for short term forecasting.

M.I. Ahmad

2012-01-01T23:59:59.000Z

483

I strongly urge that the forecasts recognize the high oil prices and gas prices experienced in 2008 and not treat them as an unusual occurrence in the next 20 years. In the long term with cap and  

E-Print Network (OSTI)

I strongly urge that the forecasts recognize the high oil prices and gas prices experienced in 2008 and the development of carbon capture and storage applied to new coal fired generating stations, gas prices will only go up. Gas from the Rockies will move east as quickly as transport is available. To the extent

484

Alberta's Energy Reserves 2007 and Supply/Demand Outlook  

E-Print Network (OSTI)

-2007 .............................................................................. 9 6 Alberta conventional crude oil production and price........................................................ 10 7 Alberta mined bitumen production and synthetic crude oil production and price............ 10 8 ........................................................................................1-4 1.2.1 North American Crude Oil Prices

Laughlin, Robert B.

485

Income growth, ethnic polarization, and political risk: Evidence from international oil price shocks  

Science Journals Connector (OSTI)

Abstract This paper studies the effects of growth in countries national incomes on political risk. To address causality, we use the annual growth rate of the international oil price weighted with countries average oil net-export GDP shares as an instrument for national income growth. Our instrumental variables analysis yields two main results: (i) income growth has on average a significant negative effect on countries political risk; (ii) the marginal effect of income growth on political risk is significantly decreasing in cross-country differences in ethnic polarization, so much so that at high levels of ethnic polarization income growth increases political risk while at low levels of ethnic polarization income growth reduces political risk.

Markus Brckner; Mark Gradstein

2014-01-01T23:59:59.000Z

486

EIA - Appendix D - High Price Case Projections Tables (1990-2030)  

Gasoline and Diesel Fuel Update (EIA)

High Price Case Projections Tables (1990-2030) High Price Case Projections Tables (1990-2030) International Energy Outlook 2009 High Oil Price Case Projections Tables (1990-2030) Formats Data Table Titles (1 to 12 complete) High Oil Price Case Projections Tables (1990-2030). Need help, contact the National Energy Information Center at 202-586-8800. High Oil Price Case Projections Tables (1990-2030). Need help, contact the National Energy Information Center at 202-586-8800. Table D1 World Total Primary Energy Consumption by Region Table D1. World Total Primary Energy Consumption by Region. Need help, contact the National Energy Information Center at 202-586-8800. Table D2 World Total Energy Consumption by Region and Fuel Table D2. World total Energy Consumption by Region and Fuel. Need help, contact the National Energy Information Center at 202-586-8800.

487

The Impact of Rising Food Prices on Household Welfare in India  

E-Print Network (OSTI)

effects of cereal and oil price changes - Farmers (Rd 59)From wheat price From oil prices Overall gain Average losseffects of cereal and oil price changes Farmers, by

de Janvry, Alain; Sadoulet, Eliisabeth

2009-01-01T23:59:59.000Z

488

Short-Term Energy Outlook - U.S. Energy Information Administration (EIA)  

U.S. Energy Information Administration (EIA) Indexed Site

‹ Analysis & Projections ‹ Analysis & Projections Short-Term Energy Outlook Release Date: December 10, 2013 | Next Release Date: January 7, 2014 | Full Report | Text Only | All Tables | All Figures Glossary › FAQS › Overview STEO Report Highlights Prices Global Crude Oil and Liquid Fuels U.S. Crude Oil and Liquid Fuels Natural Gas Coal Electricity Renewables and CO2 Emissions U.S. Economic Assumptions Data Figures Tables Custom Table Builder Real Prices Viewer Forecast Changes (PDF) Special Analysis Price Uncertainty Custom Table Builder Frequency: Annual Monthly Quarterly Select a Year Range: 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 to 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

489

Short-term energy outlook. Quarterly projections, Third quarter 1994  

SciTech Connect

The Energy Information Administration (EIA) prepares quarterly, short-term energy supply, demand, and price projections for publication in February, May, August, and November in the Short-Term Energy Outlook (Outlook). An annual supplement analyzes the performance of previous forecasts, compares recent cases with those of other forecasting services, and discusses current topics related to the short-term energy markets. (See Short-Term Energy Outlook Annual Supplement, DOE/EIA-0202). The feature article for this issue is Demand, Supply and Price Outlook for Reformulated Gasoline, 1995.

Not Available

1994-08-02T23:59:59.000Z

490

International Energy Outlook 2000  

Gasoline and Diesel Fuel Update (EIA)

0 0 Notes: Today, the Energy Information Administration (EIA) releases its mid-term projections of international energy use and carbon emissions, published in the International Energy Outlook 2000 (IEO2000). The IEO2000 report provides an assessment of world energy markets with projections of regional energy consumption, energy consumption by primary fuel, electricity consumption, carbon emissions, nuclear generating capacity, international coal trade flows, and energy use in the transportation sector. World oil production projections are also included in the report. The report is an extension of EIA's Annual Energy Outlook (AEO), and the U.S. projections that appear in the IEO are consistent with those published in the AEO. World energy consumption in this year's IEO2000 is projected to

491

International Energy Outlook 2000  

Gasoline and Diesel Fuel Update (EIA)

2000 2000 with projections to 2020 March 16, 2000 Jay E. Hakes Energy Information Administration Next slide Back to first slide View graphic version Notes: Today, the Energy Information Administration (EIA) releases its mid-term projections of international energy use and carbon emissions, published in the International Energy Outlook 2000 (IEO2000). The IEO2000 report provides an assessment of world energy markets with projections of regional energy consumption, energy consumption by primary fuel, electricity consumption, carbon emissions, nuclear generating capacity, international coal trade flows, and energy use in the transportation sector. World oil production projections are also included in the report. The report is an extension of EIA's Annual Energy Outlook (AEO),

492

Annual Energy Outlook 2002  

Gasoline and Diesel Fuel Update (EIA)

2) 2) December 2001 Annual Energy Outlook 2002 With Projections to 2020 December 2001 For Further Information . . . The Annual Energy Outlook 2002 (AEO2002) was prepared by the Energy Information Administration (EIA), Office of Integrated Analysis and Forecasting, under the direction of Mary J. Hutzler (mhutzler@ eia.doe.gov, 202/586-2222), Director, Office of Integrated Analysis and Forecasting; Scott Sitzer (ssitzer@ eia.doe.gov, 202/586-2308), Director, Coal and Electric Power Division; Susan H. Holte (sholte@eia.doe.gov, 202/586-4838), Director, Demand and Integration Division; James M. Kendell (jkendell@eia.doe.gov, 202/586-9646), Director, Oil and Gas Division; and Andy S. Kydes (akydes@eia.doe.gov, 202/586-2222), Senior Technical Advisor. For ordering information and questions on other energy statistics available from EIA, please contact EIA's National

493

U.S. Energy Information Administration | Annual Energy Outlook 2013  

Gasoline and Diesel Fuel Update (EIA)

3 3 Energy Information Administration / Annual Energy Outlook 2013 Table A1. Total energy supply, disposition, and price summary (quadrillion Btu per year, unless otherwise noted) Supply, disposition, and prices Reference case Annual growth 2011-2040 (percent) 2010 2011 2020 2025 2030 2035 2040 Production Crude oil and lease condensate ............................ 11.59 12.16 15.95 14.50 13.47 13.40 13.12 0.3% Natural gas plant liquids ........................................ 2.78 2.88 4.14 4.20 3.85 3.87 3.89 1.0% Dry natural gas ...................................................... 21.82 23.51 27.19 29.22 30.44 32.04 33.87 1.3% Coal 1 ...................................................................... 22.04 22.21 21.74 22.54 23.25 23.60 23.54 0.2%

494

Annual Energy Outlook 2006 with Projections to 2030  

Gasoline and Diesel Fuel Update (EIA)

AEO Graphic Data AEO Graphic Data Annual Energy Outlook 2006 with Projections to 2030 Figure 1. Energy Prices, 1980-2030 Figure 1 Data Figure 2. Delivered Energy Consumption by Sector Figure 2 Data Figure 3. Energy Consumption by Fuel, 1980-2030 Figure 3 Data Figure 4. Energy Use Per Capita and Per Dollar of Gross Domestic Product, 1980-2030 Figure 4 Data Figure 5. Electricity Generation by Fuel, 1980-2030 Figure 5 Data Figure 6. Total Energy Production and Consumption, 1980-2030 Figure 6 Data Figure 7. Energy Production by Fuel, 1980-2030 Figure 7 Data Figure 8. Projected U.S. Carbon Dioxide Emissions by Sector and Fuel, 1990-2030 Figure 8 Data Figure 9. Sulfur Dioxide Emissions in Selected States, 1980-2003 Figure 9 Data Figure 10. World Oil Prices in the AEO2005 and AEO 2006 Reference Cases Figure 10 Data

495

Short-Term Energy Outlook April 2000--STEO Preface  

Gasoline and Diesel Fuel Update (EIA)

April 2000 April 2000 Summer 2000 Motor Gasoline Outlook Summary For the upcoming summer season (April to September), motor gasoline markets are projected to exhibit an extraordinarily tight supply/demand balance. * Retail gasoline prices (regular grade) are expected to average $1.46 per gallon, 25 percent higher than last summer's average of $1.17 per gallon. That projection also exceeds the previous (current-dollar) record summer average of $1.35 recorded in 1981. Nominal prices are expected to reach a peak of $1.52 per gallon in April-a new record--and decline steadily to $1.39 per gallon by September due to the impact of increases in world-wide crude oil production. These projections presume no disruptions of refinery motor gasoline production. *

496

Annual Energy Outlook 2002 with Projections to 2020 - Table 1  

Gasoline and Diesel Fuel Update (EIA)

Welcome to the Annual Energy Outlook 2002 with Projections to 2020. If having trouble viewing this page, please contact the National Energy Information Center at (202) 586-8800. Welcome to the Annual Energy Outlook 2002 with Projections to 2020. If having trouble viewing this page, please contact the National Energy Information Center at (202) 586-8800. Annual Energy Outlook 2002 with Projections to 2020 Table 1. Summary of results for five cases Sensitivity Factors 1999 2000 2020 Reference Low Economic Growth High Economic Growth Low World Oil Price High World Oil Price Primary Production (quadrillion Btu) Petroleum 15.06 15.04 15.95 15.52 16.39 14.40 17.73 Natural Gas 19.20 19.59 29.25 27.98 29.72 28.54 30.03 Coal 23.15 22.58 28.11 26.88 30.08 27.58 29.04 Nuclear Power 7.74 8.03 7.49 7.38 7.49 7.31 7.58 Renewable Energy 6.69 6.46 8.93 8.59 9.37 8.90 8.97 Other 1.66 1.10 0.93 0.91 0.73 0.40 1.06 Total Primary Production 73.50 72.80 90.66 87.26 93.79 87.13 94.40 Net Imports (quadrillion Btu)

497

Annual Energy Outlook Forecast Evaluation  

Gasoline and Diesel Fuel Update (EIA)

Title of Paper Annual Energy Outlook Forecast Evaluation Title of Paper Annual Energy Outlook Forecast Evaluation by Susan H. Holte OIAF has been providing an evaluation of the forecasts in the Annual Energy Outlook (AEO) annually since 1996. Each year, the forecast evaluation expands on that of the prior year by adding the most recent AEO and the most recent historical year of data. However, the underlying reasons for deviations between the projections and realized history tend to be the same from one evaluation to the next. The most significant conclusions are: Natural gas has generally been the fuel with the least accurate forecasts of consumption, production, and prices. Natural gas was the last fossil fuel to be deregulated following the strong regulation of energy markets in the 1970s and early 1980s. Even after deregulation, the behavior

498

Annual Energy Outlook 2000  

Gasoline and Diesel Fuel Update (EIA)

Homepage Homepage Preface The Annual Energy Outlook 2000 (AEO2000) presents midterm forecasts of energy supply, demand, and prices through 2020 prepared by the Energy Information Administration (EIA). The projections are based on results from EIA’s National Energy Modeling System (NEMS). The report begins with an “Overview” summarizing the AEO2000 reference case. The next section, “Legislation and Regulations,” describes the assumptions made with regard to laws that affect energy markets and discusses evolving legislative and regulatory issues. “Issues in Focus” discusses current energy issues—appliance standards, gasoline and diesel fuel standards, natural gas industry expansion, competitive electricity pricing, renewable portfolio standards, and carbon emissions. It is followed by the analysis of energy market trends.

499

AEO2011: Petroleum Product Prices | OpenEI  

Open Energy Info (EERE)

4932 4932 Varnish cache server AEO2011: Petroleum Product Prices Dataset Summary Description This dataset comes from the Energy Information Administration (EIA), and is part of the 2011 Annual Energy Outlook Report (AEO2011). This dataset is Table 12, and contains only the reference case. The dataset uses 2009 dollars per gallon. The data is broken down into crude oil prices, residential, commercial, industrial, transportation, electric power and refined petroleum product prices. Source EIA Date Released April 26th, 2011 (3 years ago) Date Updated Unknown Keywords 2011 AEO EIA Petroleum prices Data application/vnd.ms-excel icon AEO2011: Petroleum Product Prices- Reference Case (xls, 129.9 KiB) Quality Metrics Level of Review Peer Reviewed Comment Temporal and Spatial Coverage

500

International Energy Outlook 2000 - World Energy Consumption  

Gasoline and Diesel Fuel Update (EIA)

The IEO2000 projections indicate continued growth in world energy use, including large increases for the developing economies of Asia and South America. Energy resources are thought to be adequate to support the growth expected through 2020. The IEO2000 projections indicate continued growth in world energy use, including large increases for the developing economies of Asia and South America. Energy resources are thought to be adequate to support the growth expected through 2020. Current Trends Influencing World Energy Demand Changing world events and their effects on world energy markets shape the long-term view of trends in energy demand. Several developments in 1999—shifting short-term world oil markets, the recovery of developing Asian markets, and a faster than expected recovery in the economies of the former Soviet Union— are reflected in the projections presented in this year’s International Energy Outlook 2000 (IEO2000). In 1998, oil prices reached 20-year lows as a result of oil surpluses