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

Short-term energy outlook. Volume 1. Quarterly projections

Technical Report ·
OSTI ID:6583476
The forecasts are produced for managers and energy analysts using the Short-Term Integrated Forecasting System (STIFS). Two principal inputs drive the STIFS model: the forecasted macroeconomic variables and the world price of crude oil. The 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 world oil price scenarios. In general, the following discussion of the forecast refers to the medium price, or base case, scenario. Alternative cases, using varying assumptions about the level of economic activity, new-car efficiency, weather, stock change, and preliminary data uncertainty, are given for the forecasts of petroleum demand and oil imports. The data used for making these forecasts are found in the Monthly Energy Review, Petroleum Supply Monthly, and other EIA publications.
Research Organization:
USDOE Energy Information Administration, Washington, DC. Office of Energy Markets and End Use
OSTI ID:
6583476
Report Number(s):
DOE/EIA-0202(8214Q)-1; ON: DE83005477
Country of Publication:
United States
Language:
English