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Title: Short-term energy outlook: Quarterly projections

Technical Report ·
OSTI ID:6602598

The Energy Information Administration (EIA) quarterly estimates of short-term energy supply, demand, and prices are revised in January, April, July, and October for publication in the Short-Term Energy Outlook (Outlook). This issue of the Outlook is a substitute for the third-quarter 1990 issue of the Outlook and incorporates the latest effects on world oil markets from the events in the Persian Gulf. The principal users of the Outlook are managers and energy analysts in private industry and government. The projections in this volume extend through the fourth quarter of 1991. The scenarios are produced using the Short-Term Integrated Forecasting System (STIFS). The STIFS model is driven principally by the following sets of assumptions or inputs: estimates of key macroeconomic variables, a particular set of 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 produce prices, and other assumptions which may affect the macroeconomic outlook. (The EIA model is available on computer tape from the National Technical Information Service.) The estimates and historical data are based on EIA data published in the Monthly Energy Review, Petroleum Supply Monthly, and other EIA publications. Minor discrepancies between the data in those publications and the historical data in this Outlook are due to independent rounding. All percentage changes are calculated from the values in the tables rather than from any rounded numbers cited in the text. 4 refs., 1 fig., 10 tabs.

Research Organization:
USDOE Energy Information Administration, Washington, DC (USA). Office of Energy Markets and End Use
Sponsoring Organization:
DOE/AD
OSTI ID:
6602598
Report Number(s):
DOE/EIA-0202(90/3Q); ON: DE90017866
Country of Publication:
United States
Language:
English