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U.S. Department of Energy
Office of Scientific and Technical Information

Short-term energy outlook. Quarterly projections

Technical Report ·
OSTI ID:5143674
The projections in this volume extend through the first half of 1985. The forecasts are produced using the Short-Term Integrated Forecasting System (STIFS). The STIFS model uses two principal driving variables: a macroeconomic forecast and the world oil price assumptions. Macroeconomic forecasts produced by Data Resources, Incorporated, (DRI) are adjusted by EIA to reflect EIA projections of the world price of crude oil, which differ from DRI estimates. EIA's Oil Market Simulation Model is used to project the world oil prices. The three projections for petroleum supply and demand are based on low, medium, and high economic growth scenarios which incorporate high, medium, and low crude oil price trajectories. The discussion and tables in this volume primarily refer to the medium, or base case, scenario and, unless otherwise noted, refer to the domestic situation. Other cases examining the sensitivity of total petroleum demand to varying assumptions about prices, weather, and economic activity are tabulated. 7 figures, 16 tables.
Research Organization:
USDOE Energy Information Administration, Washington, DC. Office of Energy Markets and End Use
OSTI ID:
5143674
Report Number(s):
DOE/EIA-0202(84/1Q); ON: DE84009544
Country of Publication:
United States
Language:
English