Short-term energy outlook. Quarterly projections, January 1986

Technical Report · Thu Feb 13 04:00:00 EST 1986

OSTI ID:6318962

Total US petroleum demand in 1986 is projected to be 15.8 million barrels per day, slightly above the level in 1985. Between the first half of 1986 and the first half of 1987, petroleum demand is projected to increase by about 2% in response to higher economic growth. A decline in the demand for residual fuel oil in 1986 is expected to be offset by increases in the demand for motor gasoline and other petroleum products. These petroleum forecasts are based on the assumption of continued moderation in world oil prices, but do not take into account the sharp drops in oil prices that occurred in early 1986. Much lower world oil prices than assumed in the base case would lead to lower prices for petroleum products and would increase petroleum demand, but would have little effect on markets for natural gas, coal, and electricity in the short run. The demand for total energy is expected to increase by more than 1% between 1985 and 1986 and by more than 2% between first-half 1986 and first-half 1987. The projections extent from the first quarter of 1986 through the second quarter of 1987.

• Research Organization: USDOE Energy Information Administration, Washington, DC. Office of Energy Markets and End Use
• OSTI ID: 6318962
• Report Number(s): DOE/EIA-0202(86/1Q); ON: DE86006511
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
292000 -- Energy Planning & Policy-- Supply
Demand & Forecasting
294002 -- Energy Planning & Policy-- Petroleum
DATA
ENERGY SOURCES
FORECASTING
FOSSIL FUELS
FUELS
INFORMATION
MARKET
NUMERICAL DATA
PETROLEUM
STATISTICAL DATA