Economic growth, low prices to lift U. S. oil and gas demand in 1995

Journal Article · Mon Jan 30 04:00:00 EST 1995 · Oil and Gas Journal; (United States)

OSTI ID:6635554

Beck, R J

Continuing US economic growth coupled with low energy prices will stimulate demand for petroleum and natural gas in 1995. Although the economic growth rate may slip from that of 1994, it will remain high enough to require further gains in energy consumption. Demand for petroleum products and natural gas should increase despite competition from other fuels and improving consumption efficiency. Boosting consumption of fossil fuel energy will be low output from the major renewable energy sources, nuclear and hydroelectric power. The paper discusses the US economy; total energy consumption; energy sources; US production; imports; refining; total oil product demand; motor gasoline demand; jet fuel distillate fuel, residual fuel oil, and other petroleum product demand; and natural gas.

• OSTI ID: 6635554
• Journal Information: Oil and Gas Journal; (United States), Journal Name: Oil and Gas Journal; (United States) Vol. 93:5; ISSN OIGJAV; ISSN 0030-1388
• Country of Publication: United States
• Language: English

Related Subjects

02 PETROLEUM
020700* -- Petroleum-- Economics
Industrial
& Business Aspects
03 NATURAL GAS
030600 -- Natural Gas-- Economic
Industrial
& Business Aspects
29 ENERGY PLANNING, POLICY, AND ECONOMY
292000 -- Energy Planning & Policy-- Supply
Demand & Forecasting
294002 -- Energy Planning & Policy-- Petroleum
294003 -- Energy Planning & Policy-- Natural Gas
ACCOUNTING
COMPILED DATA
DATA
DEVELOPED COUNTRIES
ECONOMY
ENERGY ACCOUNTING
ENERGY ANALYSIS
ENERGY CONSUMPTION
ENERGY SOURCES
ENERGY SUPPLIES
FLUIDS
FOSSIL FUELS
FUEL CONSUMPTION
FUEL GAS
FUELS
GAS FUELS
GASES
INDUSTRIAL PLANTS
INFORMATION
NATURAL GAS
NORTH AMERICA
NUMERICAL DATA
PETROLEUM PRODUCTS
PETROLEUM REFINERIES
SUPPLY AND DEMAND
USA