Reference Case Low Demand Case

Imported Crude Oil 6.080156 5.585811 0.494345

Domestic Crude Oil 9.288825 9.25585 0.032975

Total Crude Oil 15.368981 14.841661 0.52732 0.937467

Light Product Demand 16.93547 16.481286 0.454184

Imported Light Products 1.670363 1.641639 0.028724

Net Imported Light Prod. -0.891071 -0.915068 0.023997 0.052835

Refinery Capacity 18.129658 18.129658 No Refinery Closures

refinery Utilization 84.011528 81.102928 2.9086 Percent
Fraction of reduced crude oil demand which is imported

Fraction of reduced product demand which is reduced light product imports

No Refinery Closures
Reference Low growth Reference Low growth Reference

Crude Oil

 Canada 3.319465 3.235554 3.319785 3.188432 3.341267

 Mexico 0.398189 0.329823 0.398315 0.324843 0.405117

 North Sea 0.01824 0.016757 0.018327 0.016666 0.018505

 OPEC 1.815287 1.517711 1.841174 1.541975 1.866933

 Latin America 0.544586 0.455313 0.552352 0.462593 0.56008

 North Africa 0.054459 0.045531 0.055235 0.046259 0.056008

 West Africa 0.272293 0.227657 0.276176 0.231296 0.28004

 Persian Gulf 0.943949 0.78921 0.957411 0.801827 0.970805

 Other Middle East 0 0 0 0 0

 Other Latin America 0.364809 0.335149 0.366546 0.333313 0.370109

 Other Africa 0.091202 0.083787 0.091636 0.083328 0.092527

 Other Asia 0.072962 0.06703 0.073309 0.066663 0.074022

Total Crude Oil 6.080156 5.585811 6.109093 5.555221 6.16848

Light Refined Products 1/

 Canada 0.684849 0.673072 0.68618 0.675133 0.690181

 Northern Europe 0.417591 0.41041 0.418403 0.411667 0.420842

 Southern Europe 0.066815 0.065666 0.066944 0.065867 0.067335

 OPEC 0.133629 0.131331 0.133889 0.131733 0.134669

 Latin America 0.040089 0.039399 0.040167 0.03952 0.040401

 North Africa 0.034744 0.034146 0.034811 0.034251 0.035014

 West Africa 0.04677 0.045966 0.046861 0.046107 0.047134

 Persian Gulf 0.012027 0.01182 0.01205 0.011856 0.01212

 Caribbean Basin 0.033407 0.032833 0.033472 0.032933 0.033667

 Asian Exporters 0.167036 0.164164 0.167361 0.164667 0.168337

 Other 0.167036 0.164164 0.167361 0.164667 0.168337

Total Light Refined Products 1.670363 1.641639 1.67361 1.646666 1.683369

Heavy Refined Products 2/

 Canada 0.125064 0.125153 0.124889 0.124805 0.124718

 Northern Europe 0.089332 0.089395 0.089207 0.089146 0.089085

 Southern Europe 0.017866 0.017879 0.017841 0.017829 0.017817

 OPEC 0.125064 0.125153 0.124889 0.124805 0.124718

 Latin America 0.008755 0.008761 0.008742 0.008736 0.00873

 North Africa 0.087545 0.087607 0.087422 0.087363 0.087303

 West Africa 0.02001 0.020025 0.019982 0.019969 0.019955

 Persian Gulf 0.008755 0.008761 0.008742 0.008736 0.00873

Imported Liquids by Source

(million barrels per day)

Sources

2022 2023 2024
 Caribbean Basin 0.044666 0.044698 0.044603 0.044573 0.044542

 Asian Exporters 0.303728 0.303944 0.303302 0.303097 0.302888

 Other 0.187597 0.18773 0.187334 0.187207 0.187078

Total Heavy Refined Products 0.893317 0.893953 0.892066 0.891461 0.890846

 - - = Not applicable.

 Source: U.S. Energy Information Administration, AEO2014 National Energy Modeling System.

natural gasoline, liquefied petroleum gases, olefins, ethanol, and biodiesel.

 2/ Includes residual fuel oil, asphalt, road oil, lubricants, petrochemical feedstocks, and unfinished oils.

 OPEC = Organization of Petroleum Exporting Countries - Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar,

Saudi Arabia, the United Arab Emirates, and Venezuela.

 Caribbean Basin = Bahama Islands, Colombia, Guatemala, Jamaica, Mexico, Netherlands Antilles, Panama, Puerto Rico, Trin

and Tobago, and the Virgin Islands.

 1/ Includes motor gasoline, motor gasoline blending components, aviation gasoline, jet fuel, distillate fuel oil, ethane,
Low growth Reference Low growth Reference Low growth Reference Low growth Reference

3.206072 3.316306 3.238432 3.333754 3.302866 3.370225 3.316943 3.393368

0.330908 0.43064 0.325048 0.442892 0.320882 0.461959 0.349001 0.473708

0.016666 0.018551 0.016535 0.018954 0.016837 0.019387 0.017148 0.019752

1.51852 1.880214 1.452244 1.972661 1.483583 2.048577 1.535579 2.124246

0.455556 0.564064 0.435673 0.591798 0.445075 0.614573 0.460674 0.637274

0.045556 0.056406 0.043567 0.05918 0.044507 0.061457 0.046067 0.063727

0.227778 0.282032 0.217837 0.295899 0.222537 0.307287 0.230337 0.318637

0.78963 0.977711 0.755167 1.025784 0.771463 1.06526 0.798501 1.104608

0 0 0 0 0 0 0 0

0.33333 0.371022 0.330707 0.379075 0.336747 0.387742 0.342958 0.395032

0.083332 0.092755 0.082677 0.094769 0.084187 0.096936 0.085739 0.098758

0.066666 0.074204 0.066141 0.075815 0.067349 0.077548 0.068592 0.079006

5.555494 6.183692 5.511785 6.31792 5.612451 6.462374 5.71596 6.583871

0.674435 0.681992 0.676275 0.676517 0.666326 0.672885 0.661773 0.666658

0.411241 0.415849 0.412363 0.41251 0.406297 0.410295 0.40352 0.406499

0.065798 0.066536 0.065978 0.066002 0.065007 0.065647 0.064563 0.06504

0.131597 0.133072 0.131956 0.132003 0.130015 0.131295 0.129126 0.13008

0.039479 0.039921 0.039587 0.039601 0.039004 0.039388 0.038738 0.039024

0.034215 0.034599 0.034309 0.034321 0.033804 0.034137 0.033573 0.033821

0.046059 0.046575 0.046185 0.046201 0.045505 0.045953 0.045194 0.045528

0.011844 0.011976 0.011876 0.01188 0.011701 0.011817 0.011621 0.011707

0.032899 0.033268 0.032989 0.033001 0.032504 0.032824 0.032282 0.03252

0.164496 0.16634 0.164945 0.165004 0.162519 0.164118 0.161408 0.162599

0.164496 0.16634 0.164945 0.165004 0.162519 0.164118 0.161408 0.162599

1.644962 1.663395 1.649451 1.650042 1.625186 1.641182 1.614081 1.625994

0.124718 0.12644 0.124632 0.126366 0.126052 0.126336 0.125989 0.125877

0.089085 0.090315 0.089023 0.090261 0.090037 0.09024 0.089992 0.089912

0.017817 0.018063 0.017805 0.018052 0.018007 0.018048 0.017998 0.017982

0.124718 0.12644 0.124632 0.126366 0.126052 0.126336 0.125989 0.125877

0.00873 0.008851 0.008724 0.008846 0.008824 0.008844 0.008819 0.008811

0.087303 0.088508 0.087243 0.088456 0.088236 0.088435 0.088193 0.088114

0.019955 0.02023 0.019941 0.020218 0.020168 0.020214 0.020158 0.02014

0.00873 0.008851 0.008724 0.008846 0.008824 0.008844 0.008819 0.008811

2024 2025 2026 2027 2028
0.044542 0.045157 0.044512 0.045131 0.045018 0.04512 0.044996 0.044956

0.302888 0.307069 0.302679 0.306888 0.306125 0.306817 0.305974 0.305701

0.187078 0.18966 0.186949 0.189548 0.189077 0.189505 0.188984 0.188815

0.890846 0.903145 0.890231 0.902611 0.900368 0.902402 0.899924 0.899121

d unfinished oils.

 Iraq, Kuwait, Libya, Nigeria, Qatar,

s Antilles, Panama, Puerto Rico, Trinidad

t fuel, distillate fuel oil, ethane,
Low growth Reference Low growth Reference Low growth Reference Low growth Reference

3.321267 3.476158 3.341444 3.561017 3.378742 3.608663 3.43137 3.593213

0.355939 0.469063 0.350803 0.457683 0.337211 0.471684 0.342006 0.491522

0.0174 0.020086 0.01754 0.020296 0.017562 0.020727 0.017847 0.020969

1.600879 2.147527 1.628304 2.137845 1.611049 2.206845 1.64028 2.275994

0.480264 0.644258 0.488491 0.641353 0.483315 0.662053 0.492084 0.682798

0.048026 0.064426 0.048849 0.064135 0.048331 0.066205 0.049208 0.06828

0.240132 0.322129 0.244246 0.320677 0.241657 0.331027 0.246042 0.341399

0.832457 1.116714 0.846718 1.111679 0.837746 1.147559 0.852945 1.183517

0 0 0 0 0 0 0 0

0.348006 0.40172 0.350806 0.405926 0.351231 0.41454 0.356944 0.419389

0.087001 0.10043 0.087701 0.101482 0.087808 0.103635 0.089236 0.104847

0.069601 0.080344 0.070161 0.081185 0.070246 0.082908 0.071389 0.083878

5.800093 6.695328 5.846759 6.765434 5.853848 6.909001 5.949073 6.989813

0.654369 0.654218 0.643498 0.64306 0.634098 0.635556 0.623505 0.633721

0.399006 0.398913 0.392377 0.39211 0.386645 0.387534 0.380186 0.386415

0.063841 0.063826 0.06278 0.062738 0.061863 0.062005 0.06083 0.061826

0.127682 0.127652 0.125561 0.125475 0.123726 0.124011 0.121659 0.123653

0.038305 0.038296 0.037668 0.037643 0.037118 0.037203 0.036498 0.037096

0.033197 0.03319 0.032646 0.032624 0.032169 0.032243 0.031631 0.03215

0.044689 0.044678 0.043946 0.043916 0.043304 0.043404 0.042581 0.043279

0.011491 0.011489 0.0113 0.011293 0.011135 0.011161 0.010949 0.011129

0.03192 0.031913 0.03139 0.031369 0.030932 0.031003 0.030415 0.030913

0.159602 0.159565 0.156951 0.156844 0.154658 0.155014 0.152074 0.154566

0.159602 0.159565 0.156951 0.156844 0.154658 0.155014 0.152074 0.154566

1.596023 1.595653 1.569508 1.568439 1.54658 1.550135 1.520743 1.545662

0.126248 0.125823 0.126082 0.125888 0.125991 0.125443 0.125605 0.12641

0.090177 0.089873 0.090059 0.08992 0.089994 0.089602 0.089718 0.090293

0.018035 0.017975 0.018012 0.017984 0.017999 0.01792 0.017944 0.018059

0.126248 0.125823 0.126082 0.125888 0.125991 0.125443 0.125605 0.12641

0.008837 0.008808 0.008826 0.008812 0.008819 0.008781 0.008792 0.008849

0.088374 0.088076 0.088257 0.088121 0.088194 0.08781 0.087924 0.088487

0.0202 0.020132 0.020173 0.020142 0.020159 0.020071 0.020097 0.020226

0.008837 0.008808 0.008826 0.008812 0.008819 0.008781 0.008792 0.008849

2028 2029 2030 2031 2032
0.045089 0.044937 0.045029 0.04496 0.044997 0.044801 0.044859 0.045146

0.306603 0.305569 0.306199 0.305727 0.305978 0.304648 0.305041 0.306996

0.189373 0.188734 0.189123 0.188832 0.188987 0.188165 0.188408 0.189615

0.901775 0.898733 0.900586 0.899198 0.899936 0.896024 0.897179 0.90293
Low growth Reference Low growth Reference Low growth Reference Low growth Reference

3.446947 3.541662 3.556179 3.551211 3.548741 3.644773 3.547346 3.747947

0.342185 0.508797 0.344605 0.534471 0.345042 0.54321 0.350425 0.552497

0.018006 0.02107 0.018326 0.021369 0.018371 0.021818 0.018461 0.022283

1.672557 2.340893 1.65817 2.396288 1.678723 2.430257 1.701944 2.458803

0.501767 0.702268 0.497451 0.718886 0.503617 0.729077 0.510583 0.737641

0.050177 0.070227 0.049745 0.071889 0.050362 0.072908 0.051058 0.073764

0.250884 0.351134 0.248725 0.359443 0.251808 0.364538 0.255292 0.36882

0.86973 1.217264 0.862248 1.24607 0.872936 1.263733 0.885011 1.278577

0 0 0 0 0 0 0 0

0.360111 0.421408 0.366524 0.427383 0.367418 0.436367 0.369212 0.445665

0.090028 0.105352 0.091631 0.106846 0.091854 0.109092 0.092303 0.111416

0.072022 0.084282 0.073305 0.085477 0.073484 0.087273 0.073842 0.089133

6.001856 7.023462 6.108739 7.123044 6.123633 7.272789 6.153533 7.427744

0.617687 0.628994 0.618797 0.628538 0.621072 0.628472 0.620193 0.631078

0.376639 0.383533 0.377315 0.383255 0.378702 0.383214 0.378166 0.384804

0.060262 0.061365 0.06037 0.061321 0.060592 0.061314 0.060507 0.061569

0.120524 0.122731 0.120741 0.122642 0.121185 0.122629 0.121013 0.123137

0.036157 0.036819 0.036222 0.036792 0.036355 0.036789 0.036304 0.036941

0.031336 0.03191 0.031393 0.031887 0.031508 0.031883 0.031463 0.032016

0.042184 0.042956 0.042259 0.042925 0.042415 0.04292 0.042355 0.043098

0.010847 0.011046 0.010867 0.011038 0.010907 0.011037 0.010891 0.011082

0.030131 0.030683 0.030185 0.03066 0.030296 0.030657 0.030253 0.030784

0.150655 0.153413 0.150926 0.153302 0.151481 0.153286 0.151267 0.153922

0.150655 0.153413 0.150926 0.153302 0.151481 0.153286 0.151267 0.153922

1.506555 1.534131 1.50926 1.533019 1.51481 1.532858 1.512666 1.539216

0.125109 0.126118 0.124679 0.125065 0.124471 0.124696 0.124348 0.124246

0.089364 0.090084 0.089056 0.089332 0.088908 0.089068 0.08882 0.088747

0.017873 0.018017 0.017811 0.017866 0.017782 0.017814 0.017764 0.017749

0.125109 0.126118 0.124679 0.125065 0.124471 0.124696 0.124348 0.124246

0.008758 0.008828 0.008728 0.008755 0.008713 0.008729 0.008704 0.008697

0.087576 0.088283 0.087275 0.087545 0.08713 0.087287 0.087044 0.086972

0.020017 0.020179 0.019949 0.02001 0.019915 0.019951 0.019896 0.019879

0.008758 0.008828 0.008728 0.008755 0.008713 0.008729 0.008704 0.008697

2032 2033 2034 2035 2036
0.044682 0.045042 0.044528 0.044666 0.044454 0.044534 0.04441 0.044373

0.303837 0.306287 0.302792 0.303729 0.302286 0.302832 0.301989 0.30174

0.187664 0.189177 0.187019 0.187597 0.186706 0.187043 0.186523 0.186369

0.893637 0.900843 0.890564 0.89332 0.889077 0.890683 0.888203 0.887469
Low growth Reference Low growth Reference Low growth Reference Low growth Reference

3.574214 3.831086 3.637882 3.940742 3.697567 4.012207 3.733467 4.021209

0.353225 0.558256 0.347336 0.577288 0.35046 0.582499 0.352763 0.611661

0.01859 0.022592 0.018772 0.023227 0.019055 0.023359 0.019086 0.023636

1.711379 2.463445 1.709096 2.527412 1.731965 2.490845 1.703043 2.536623

0.513414 0.739033 0.512729 0.758224 0.51959 0.747254 0.510913 0.760987

0.051341 0.073903 0.051273 0.075822 0.051959 0.074725 0.051091 0.076099

0.256707 0.369517 0.256364 0.379112 0.259795 0.373627 0.255456 0.380493

0.889917 1.280991 0.88873 1.314254 0.900622 1.295239 0.885582 1.319044

0 0 0 0 0 0 0 0

0.37179 0.451832 0.375449 0.464535 0.381098 0.467179 0.38171 0.472714

0.092948 0.112958 0.093862 0.116134 0.095275 0.116795 0.095428 0.118178

0.074358 0.090366 0.07509 0.092907 0.07622 0.093436 0.076342 0.094543

6.196503 7.530535 6.257487 7.742245 6.35164 7.786319 6.361838 7.878564

0.623002 0.628671 0.628747 0.624818 0.624069 0.619122 0.619454 0.614522

0.379879 0.383336 0.383382 0.380986 0.38053 0.377514 0.377716 0.374709

0.060781 0.061334 0.061341 0.060958 0.060885 0.060402 0.060434 0.059953

0.121561 0.122668 0.122682 0.121916 0.12177 0.120804 0.120869 0.119907

0.036468 0.0368 0.036805 0.036575 0.036531 0.036241 0.036261 0.035972

0.031606 0.031894 0.031897 0.031698 0.03166 0.031409 0.031426 0.031176

0.042546 0.042934 0.042939 0.04267 0.042619 0.042282 0.042304 0.041967

0.010941 0.01104 0.011041 0.010972 0.010959 0.010872 0.010878 0.010792

0.03039 0.030667 0.030671 0.030479 0.030442 0.030201 0.030217 0.029977

0.151952 0.153334 0.153353 0.152395 0.152212 0.151005 0.151086 0.149883

0.151952 0.153334 0.153353 0.152395 0.152212 0.151005 0.151086 0.149883

1.519517 1.533345 1.533529 1.523945 1.522121 1.510054 1.510862 1.498835

0.124501 0.123986 0.124278 0.123581 0.12429 0.124621 0.123965 0.123347

0.088929 0.088562 0.08877 0.088272 0.088778 0.089015 0.088547 0.088105

0.017786 0.017712 0.017754 0.017654 0.017756 0.017803 0.017709 0.017621

0.124501 0.123986 0.124278 0.123581 0.12429 0.124621 0.123965 0.123347

0.008715 0.008679 0.008699 0.008651 0.0087 0.008724 0.008678 0.008634

0.087151 0.08679 0.086995 0.086506 0.087003 0.087235 0.086776 0.086343

0.01992 0.019838 0.019884 0.019773 0.019886 0.019939 0.019834 0.019735

0.008715 0.008679 0.008699 0.008651 0.0087 0.008724 0.008678 0.008634

2036 2037 2038 2039 2040
0.044465 0.044281 0.044385 0.044136 0.044389 0.044508 0.044273 0.044052

0.30236 0.301109 0.301818 0.300124 0.301847 0.302652 0.301059 0.299556

0.186752 0.185979 0.186417 0.185371 0.186435 0.186932 0.185948 0.18502

0.889294 0.885615 0.8877 0.882718 0.887784 0.890154 0.885467 0.881048
Low growth Reference Low growth

3.752934 1.80% 1.60%

0.358708 -1.70% -3.50%

0.019089 3.50% 2.70%

1.678807 -1.60% -3.10%

0.503642 -1.30% -2.70%

0.050364 -3.00% -4.40%

0.251821 -1.80% -3.20%

0.87298 -1.70% -3.20%

0 - - - -

0.381788 -1.40% -2.10%

0.095447 -0.40% -1.20%

0.076358 -3.40% -4.10%

6.363131 -0.30% -1.00%

0.61239 1.00% 1.00%

0.373409 -0.80% -0.80%

0.059745 -1.00% -1.00%

0.119491 -0.70% -0.70%

0.035847 -1.40% -1.40%

0.031068 -1.30% -1.30%

0.041822 0.30% 0.30%

0.010754 1.50% 1.40%

0.029873 2.30% 2.30%

0.149363 -0.20% -0.20%

0.149363 -2.10% -2.10%

1.493634 -0.20% -0.20%

0.123802 3.10% 3.20%

0.08843 1.90% 1.90%

0.017686 2.30% 2.30%

0.123802 2.30% 2.30%

0.008666 -3.60% -3.60%

0.086661 5.30% 5.30%

0.019808 0.40% 0.40%

0.008666 3.50% 3.50%

2040 Growth Rate (2012-2040)
0.044215 1.00% 1.10%

0.300662 1.70% 1.70%

0.185703 3.50% 3.50%

0.8843 2.30% 2.30%
Reference Low growth Reference Low growth

Production 1/

(million barrels per day)

 Lower 48 Total 8.900111 8.867136 8.824425 8.786826

 Lower 48 Onshore 7.188561 7.162668 7.15023 7.122798

 Northeast 0.034288 0.034403 0.032556 0.032523

 Gulf Coast 2.381176 2.370118 2.316759 2.309522

 Midcontinent 0.406339 0.40521 0.42771 0.422815

 Southwest 2.015574 2.007468 2.01127 2.009016

 Rocky Mountain 1.837814 1.835603 1.843294 1.838642

 West Coast 0.513369 0.509867 0.518641 0.51028

 Lower 48 Offshore 1.71155 1.704468 1.674195 1.664028

 Gulf 1.664602 1.657521 1.62862 1.618453

 Shallow 0.140141 0.139988 0.142083 0.141999

 Deep 1.524461 1.517533 1.486537 1.476454

 Pacific 0.046947 0.046947 0.045575 0.045575

 Atlantic 0 0 0 0

Wellhead Prices (2012 dollars per barrel)

 Lower 48 Average 97.80838 96.338959 100.253662 98.817451

 Lower 48 Onshore

 Northeast 94.112473 92.783409 96.664772 95.256226

 Gulf Coast 101.565804 100.093513 104.050888 102.638084

 Midcontinent 94.523308 93.143295 97.100655 95.593483

 Southwest 96.73336 95.191734 99.262184 97.774902

 Rocky Mountain 90.621925 89.277794 93.108444 91.702591

 West Coast 100.724861 99.140396 103.176003 101.782082

 Lower 48 Offshore

 Gulf 101.565804 100.093513 104.050888 102.638084

 Pacific 100.724861 99.140396 103.176003 101.782082

 Atlantic 100.388268 99.070137 102.775673 101.427277

2022 2023

Lower 48 Crude Oil Production and Wellhead Prices by Supply Region

Region

 1/ Includes lease condensate.

 - - = Not applicable.

 Note: Oil and Gas Supply Model regions are defined in Appendix F of the Annual Energy Outlook. Totals may not equal sum 

due to independent rounding. Data for 2011 and 2012 may differ from official EIA data reports due to

internal conversion factors within the AEO2014 National Energy Modeling System.
Annual 2012, DOE/EIA-0340(2012)/1 (Washington, DC, September 2013); EIA, Petroleum Marketing Monthly, DOE/EIA-0380(

and EIA, Office of Energy Analysis. Projections: EIA, AEO2014 National Energy Modeling System.

 Sources: 2011 and 2012: U.S. Energy Information Administration (EIA), Petroleum Supply
Reference Low growth Reference Low growth Reference Low growth Reference Low growth

8.727163 8.684845 8.677514 8.624203 8.525279 8.437649 8.380886 8.263172

7.107878 7.069014 7.040334 6.983428 6.896193 6.804597 6.776772 6.661268

0.032597 0.032646 0.030844 0.030725 0.028549 0.028418 0.024324 0.024243

2.263959 2.248317 2.224121 2.199647 2.191852 2.147961 2.174088 2.118921

0.44528 0.438848 0.46188 0.455662 0.432717 0.425399 0.411832 0.405837

2.004265 2.005962 1.96632 1.967267 1.905734 1.903286 1.853967 1.846131

1.845085 1.836385 1.841 1.824675 1.821488 1.795151 1.80013 1.768221

0.516692 0.506856 0.51617 0.505451 0.515852 0.504383 0.512432 0.497915

1.619285 1.61583 1.63718 1.640775 1.629087 1.633052 1.604115 1.601904

1.574737 1.571282 1.59384 1.597435 1.586689 1.590654 1.54154 1.53933

0.141077 0.140962 0.144515 0.142128 0.143759 0.143629 0.146613 0.138318

1.43366 1.43032 1.449324 1.455307 1.442931 1.447025 1.394927 1.401011

0.044548 0.044548 0.04334 0.04334 0.042397 0.042397 0.041327 0.041327

0 0 0 0 0 0 0.021248 0.021248

102.645958 100.853104 104.900368 102.782249 106.887436 104.930107 109.2752 107.149368

99.083099 97.526764 101.577057 99.30262 103.538445 101.595657 105.798943 103.672546

106.512489 104.646385 108.727554 106.616371 110.699409 108.742256 113.14904 110.94474

99.591713 97.84491 101.844383 99.676254 103.839073 101.813599 106.255486 104.071945

101.710388 99.889267 103.954224 101.778992 105.880997 103.898132 108.303497 106.10408

95.525131 93.871246 97.814186 95.749779 99.772545 97.882599 101.920731 100.05896

105.58136 103.926483 108.131889 106.006462 110.270653 108.192215 112.696999 110.55442

106.512489 104.646385 108.727554 106.616371 110.699409 108.742256 113.14904 110.94474

105.58136 103.926483 108.131889 106.006462 110.270653 108.192215 112.696999 110.55442

105.148201 103.486481 107.336594 105.257095 109.173943 107.232239 113.038216 110.911354

2024 2025 2026 2027

Outlook. Totals may not equal sum of components

ports due to
Marketing Monthly, DOE/EIA-0380(2013/08) (Washington, DC, August 2013);
Reference Low growth Reference Low growth Reference Low growth Reference Low growth

8.244573 8.104976 8.125161 7.990507 8.064343 7.922351 7.932957 7.805292

6.653513 6.54824 6.523207 6.434907 6.383477 6.311785 6.258595 6.190552

0.023502 0.023467 0.023068 0.022716 0.022286 0.022136 0.02163 0.02152

2.14563 2.099233 2.112138 2.071599 2.07325 2.039193 2.034595 2.004821

0.394679 0.392233 0.379515 0.376814 0.36359 0.361557 0.347439 0.345026

1.804189 1.795094 1.760746 1.755326 1.722773 1.720081 1.694137 1.691505

1.77217 1.740743 1.734296 1.710753 1.689474 1.671698 1.649228 1.631239

0.513343 0.49747 0.513445 0.4977 0.512102 0.497121 0.511565 0.496442

1.59106 1.556736 1.601955 1.5556 1.680866 1.610565 1.674362 1.61474

1.53046 1.496137 1.545068 1.498713 1.584825 1.530295 1.574176 1.514554

0.146829 0.142958 0.145839 0.143542 0.143921 0.144526 0.139111 0.138238

1.383631 1.353179 1.399229 1.35517 1.440904 1.385769 1.435065 1.376316

0.043514 0.043514 0.042577 0.042577 0.070796 0.055025 0.073127 0.073127

0.017085 0.017085 0.01431 0.01431 0.025246 0.025246 0.027059 0.027059

110.995583 108.8442 113.00386 110.621506 114.693359 112.061508 116.703568 113.656937

107.284348 105.291985 109.186829 106.999275 110.88205 108.297531 112.679344 109.900459

114.800568 112.635162 116.772446 114.381012 118.380623 115.696655 120.356071 117.225113

108.167122 105.851814 110.191055 107.655128 111.839012 109.132179 114.010544 110.891106

110.063263 107.806938 112.046005 109.568642 113.663773 111.166931 115.661476 112.821571

103.622887 101.683167 105.561508 103.401772 107.201324 104.688889 109.153198 106.210686

114.414192 112.344604 116.451683 114.187187 118.079697 115.570755 120.055336 117.05468

114.800568 112.635162 116.772446 114.381012 118.380623 115.696655 120.356071 117.225113

114.414192 112.344604 116.451683 114.187187 118.079697 115.570755 120.055336 117.05468

114.520943 112.412209 116.471664 114.136032 118.339943 115.738251 120.382896 117.41732

2028 2029 2030 2031

Reference Low growth Reference Low growth Reference Low growth Reference Low growth

7.79967 7.719016 7.704468 7.588954 7.596154 7.503014 7.494101 7.390216

6.128838 6.069671 6.013788 5.956047 5.903867 5.843049 5.791162 5.730945

0.021191 0.021093 0.020659 0.020643 0.019888 0.020109 0.0191 0.019221

1.988744 1.966975 1.941352 1.927007 1.895096 1.883398 1.843749 1.837933

0.334477 0.333197 0.325831 0.324401 0.321337 0.318135 0.318279 0.310227

1.667218 1.664677 1.645648 1.640574 1.622184 1.614721 1.60502 1.595799

1.607493 1.589755 1.569666 1.55354 1.531489 1.51651 1.490282 1.476997

0.509714 0.493973 0.510631 0.489882 0.513874 0.490176 0.514732 0.490768

1.670832 1.649345 1.69068 1.632908 1.692287 1.659965 1.702939 1.659272

1.542279 1.517609 1.538468 1.501592 1.535595 1.502838 1.54986 1.504078

0.139531 0.137903 0.140406 0.139086 0.136076 0.136089 0.1337 0.131916

1.402748 1.379706 1.398062 1.362506 1.399519 1.366749 1.416159 1.372161

0.10258 0.105763 0.130363 0.109467 0.137733 0.138168 0.136281 0.138396

0.025973 0.025973 0.021849 0.021849 0.018959 0.018959 0.016798 0.016798

118.922768 115.930054 121.23806 118.722717 123.499855 120.6371 125.590073 122.317917

114.77874 112.050858 117.158493 114.489487 119.328743 116.290031 121.450577 117.947067

122.539429 119.424538 124.844772 121.89637 127.00766 123.775307 129.070984 125.42041

116.800583 113.442802 119.825394 117.188972 122.216454 119.015732 124.450798 120.873154

117.894066 115.056175 120.161224 118.612717 122.885612 120.632469 124.925697 122.460823

111.26149 108.453339 113.366493 110.968483 115.528435 112.707542 117.596268 114.230469

122.131439 119.230835 124.426384 121.8255 125.956573 123.740234 127.975883 125.225403

122.539429 119.424538 124.844772 121.89637 127.00766 123.775307 129.070984 125.42041

122.131439 119.230835 124.426384 121.8255 125.956573 123.740234 127.975883 125.225403

122.504211 119.590118 124.806946 121.978409 126.926399 123.768692 128.860779 125.377731

2032 2033 2034 2035

Reference Low growth Reference Low growth Reference Low growth Reference Low growth

7.386033 7.293817 7.339821 7.250445 7.237151 7.189365 7.241581 7.16858

5.665342 5.61087 5.555617 5.487158 5.444775 5.371232 5.340479 5.272998

0.021293 0.018544 0.024065 0.017593 0.026145 0.019328 0.027762 0.022657

1.788208 1.784765 1.734106 1.730661 1.68166 1.679637 1.631678 1.630798

0.314977 0.30438 0.313427 0.301236 0.308989 0.299096 0.303458 0.298189

1.588877 1.579974 1.576182 1.55989 1.564958 1.544091 1.552804 1.529646

1.439325 1.433414 1.39853 1.39088 1.357903 1.344599 1.319116 1.308179

0.512662 0.489793 0.509307 0.486898 0.505121 0.48448 0.505661 0.483529

1.72069 1.682946 1.784204 1.763287 1.792376 1.818134 1.901103 1.895582

1.55264 1.529593 1.595032 1.585563 1.59863 1.636442 1.622759 1.661948

0.132069 0.132519 0.12847 0.131547 0.125397 0.12728 0.122333 0.125187

1.420571 1.397074 1.466562 1.454016 1.473233 1.509162 1.500426 1.536761

0.136691 0.138235 0.137591 0.1343 0.127465 0.127701 0.17087 0.168046

0.03136 0.015117 0.051582 0.043425 0.066281 0.05399 0.107474 0.065588

127.469971 123.769135 129.331207 125.82296 131.588776 127.543411 134.449875 130.055283

123.284927 119.413498 124.91304 121.352882 127.046906 122.860672 129.828384 125.373131

130.829636 126.770523 132.531296 128.732346 134.660233 130.382095 137.352585 132.830276

126.334633 122.342545 128.356567 124.346802 130.370377 126.356377 134.04982 128.961243

126.983871 124.047829 128.932526 126.135582 131.320297 127.771072 134.774384 130.184357

119.427788 115.616196 121.403931 117.580391 123.758728 119.256325 126.632462 121.812378

129.696075 126.566574 131.317551 128.552765 133.54245 130.213852 134.826904 132.595947

130.829636 126.770523 132.531296 128.732346 134.660233 130.382095 137.352585 132.830276

129.696075 126.566574 131.317551 128.552765 133.54245 130.213852 134.826904 132.595947

131.445129 127.524765 132.980713 129.420151 135.159256 131.038879 137.762634 133.490051

2036 2037 2038 2039

Reference Low growth Reference Low growth

7.220181 7.192811 0.70% 0.70%

5.231455 5.168177 0.50% 0.40%

0.029056 0.025275 -4.10% -4.60%

1.572722 1.574737 2.10% 2.10%

0.297892 0.294778 -1.80% -1.90%

1.539118 1.514737 0.10% 0.10%

1.286249 1.274366 0.50% 0.50%

0.506418 0.484283 0.00% -0.10%

1.988725 2.024635 1.40% 1.40%

1.698679 1.738388 1.00% 1.10%

0.119727 0.12082 -2.70% -2.70%

1.578953 1.617568 1.60% 1.60%

0.175838 0.182517 2.80% 2.90%

0.114207 0.10373 - - - -

137.627213 132.893082 1.30% 1.20%

132.912704 128.115585 1.40% 1.30%

140.403458 135.613663 1.40% 1.20%

137.415436 131.756332 1.50% 1.40%

137.879364 132.963898 1.50% 1.30%

129.98877 124.748863 1.60% 1.40%

137.895203 134.942444 1.00% 0.90%

140.403458 135.613663 1.00% 0.90%

137.895203 134.942444 1.20% 1.10%

140.884201 136.240723 - - - -

2040 Growth Rate (2012-2040)

Reference Low growth Reference Low growth

Production

 Crude Oil and Lease Condensate 19.797363 19.726751 19.588774 19.507233

 Natural Gas Plant Liquids 3.615733 3.581611 3.734002 3.69321

 Dry Natural Gas 30.852615 29.915485 31.604639 30.53087

 Coal 1/ 21.943829 21.239628 22.013521 21.402643

 Nuclear / Uranium 2/ 8.154711 8.154711 8.154711 8.154711

 Hydropower 2.821391 2.837783 2.834963 2.837932

 Biomass 3/ 4.852269 4.706735 4.949065 4.748595

 Other Renewable Energy 4/ 3.024961 3.122074 3.048689 3.129983

 Other 5/ 0.236875 0.236875 0.236668 0.236875

 Total 95.299744 93.521645 96.165031 94.24205

Imports

 Crude Oil 13.471543 12.375824 13.537369 12.309898

 Petroleum and Other Liquids 6/ 4.224775 4.201827 4.213912 4.199896

 Natural Gas 7/ 2.208058 2.124297 2.121711 2.042368

 Other 8/ 0.172805 0.169349 0.165868 0.157004

 Total 20.077179 18.8713 20.038858 18.709166

Exports

 Petroleum and Other Liquids 9/ 6.335088 6.338159 6.403109 6.39669

 Natural Gas 10/ 4.682336 4.833418 4.992368 5.185117

 Coal 3.188219 3.188219 3.232064 3.232064

 Total 14.205644 14.359797 14.627541 14.81387

Discrepancy 11/ -0.312188 -0.305506 -0.283621 -0.29132

Consumption

 Petroleum and Other Liquids 12/ 36.657078 35.429153 36.539845 35.178841

 Natural Gas 28.203798 27.029894 28.555622 27.207373

 Coal 13/ 18.75152 18.036129 18.768921 18.150547

 Nuclear / Uranium 2/ 8.154711 8.154711 8.154711 8.154711

 Hydropower 2.821391 2.837783 2.834963 2.837932

 Biomass 14/ 3.519106 3.379081 3.610688 3.424139

 Other Renewable Energy 4/ 3.024961 3.122074 3.048689 3.129983

 Other 15/ 0.350907 0.349834 0.346535 0.345146

 Total 101.483467 98.338654 101.85997 98.428665

Prices (2012 dollars per unit)

 Brent Spot Price (dollars per barrel) 101.571045 100.177994 104.215752 102.635941

Total Energy Supply, Disposition, and Price Summary

(quadrillion Btu, unless otherwise noted)

Supply, Disposition, and Prices

2022 2023
 West Texas Intermediate Spot Price (dollars

 p 99.571045 98.205429 102.215752 100.666252

 Natural Gas at Henry Hub (dollars per mmB

tu) 4.821756 4.483842 4.958053 4.699736

 Coal, Minemouth (dollars per ton) 16/ 47.639824 47.474739 48.214897 48.127991

 Coal, Minemouth (dollars per million Btu) 1

6/ 2.386652 2.383241 2.416909 2.416306

 Coal, Delivered (dollars per million Btu) 17/ 2.916656 2.891781 2.945767 2.925613

 Electricity (cents per kilowatthour) 10.015067 10.092216 9.983873 10.082653

Prices (nominal dollars per unit)

 Brent Spot Price (dollars per barrel) 118.883827 127.704903 124.058952 135.413803

 West Texas Intermediate Spot Price (dollars

 p 116.542931 125.190315 121.678146 132.815079

 Natural Gas at Henry Hub (dollars per mmB

tu) 5.643625 5.715912 5.902091 6.200646

 Coal, Minemouth (dollars per ton) 16/ 55.760033 60.519848 57.395256 63.498165

 Coal, Minemouth (dollars per million Btu) 1

6/ 2.793456 3.038108 2.8771 3.187978

 Coal, Delivered (dollars per million Btu) 17/ 3.4138 3.686384 3.506655 3.859938

 Electricity (cents per kilowatthour) 11.722136 12.865355 11.884852 13.302653

 1/ Includes waste coal.

 2/ These values represent the energy obtained from uranium when it is used in light water reactors. The total energy conte

is much larger, but alternative processes are required to take advantage of it.

 3/ Includes grid-connected electricity from wood and wood waste; biomass, such as corn, used for liquid fuels production; a

energy demand from wood. Refer to Table 17 for details.

 4/ Includes grid-connected electricity from landfill gas; biogenic municipal waste; wind; photovoltaic and solar thermal sour

 9/ Includes crude oil, petroleum products, ethanol, and biodiesel.

 10/ Includes re-exported liquefied natural gas.

 11/ Balancing item. Includes unaccounted for supply, losses, gains, and net storage withdrawals.

 12/ Estimated consumption. Includes petroleum-derived fuels and non-petroleum-derived fuels, such as ethanol and biodie

synthetic liquids. Petroleum coke, which is a solid, is included. Also included are natural gas plant liquids and crude oil consu

Refer to Table 17 for detailed renewable liquid fuels consumption.

non-electric energy from renewable sources, such as active and passive solar systems. Excludes electricity imports using rene

and nonmarketed renewable energy. See Table 17 for selected nonmarketed residential and commercial renewable energy d

 5/ Includes non-biogenic municipal waste, liquid hydrogen, methanol, and some domestic inputs to refineries.

 6/ Includes imports of finished petroleum products, unfinished oils, alcohols, ethers, blending components, and renewable 

 7/ Includes imports of liquefied natural gas that are later re-exported.

 8/ Includes coal, coal coke (net), and electricity (net). Excludes imports of fuel used in nuclear power plants.

 13/ Excludes coal converted to coal-based synthetic liquids and natural gas.

 14/ Includes grid-connected electricity from wood and wood waste, non-electric energy from wood, and biofuels heat and c

production of liquid fuels, but excludes the energy content of the liquid fuels.

 15/ Includes non-biogenic municipal waste, liquid hydrogen, and net electricity imports.
 17/ Prices weighted by consumption; weighted average excludes export free-alongside-ship (f.a.s.) prices.

 Btu = British thermal unit.

 MmBtu = Million Btu.

 - - = Not applicable.

 Note: Totals may not equal sum of components due to independent rounding. Data for 2011 and 2012

are model results and may differ from official EIA data reports.

 16/ Includes reported prices for both open market and captive mines. Prices weighted by production, which differs from av

published in EIA data reports where it is weighted by reported sales.

Projections: EIA, AEO2014 National Energy Modeling System.

2012 petroleum supply values and 2011 crude oil and lease condensate production: EIA,

Petroleum Supply Annual 2012, DOE/EIA-0340(2012)/1 (Washington, DC, September 2013).

Other 2011 petroleum supply values: EIA, Petroleum Supply Annual 2011, DOE/EIA-0340(2011)/1 (Washington, DC, August 2

2011 and 2012 crude oil spot prices and natural gas spot prices at Henry Hub: Thomson Reuters.

Other 2011 and 2012 coal values: EIA, Quarterly Coal Report, October-December 2012, DOE/EIA-0121(2012/4Q) (Washingto

Other 2011 and 2012 values: EIA, Monthly Energy Review, DOE/EIA-0035(2013/09) (Washington, DC, September 2013).

 Sources: 2011 natural gas supply values: U.S. Energy Information Administration (EIA), Natural Gas Annual

2011, DOE/EIA-0131(2011) (Washington, DC, January 2013).

2012 natural gas supply values: EIA, Natural Gas Monthly,

DOE/EIA-0130(2013/06) (Washington, DC, June 2013).

2011 and 2012 coal minemouth and delivered coal prices: EIA,

Annual Coal Report 2012, DOE/EIA-0584(2012) (Washington, DC, December 2013).
Reference Low growth Reference Low growth Reference Low growth Reference Low growth

19.336222 19.24489 19.190516 19.075912 18.827377 18.639853 18.479458 18.22765

3.795619 3.759443 3.841077 3.807074 3.882074 3.840885 3.907962 3.863929

32.128975 30.882107 32.565762 31.201923 33.17931 31.425081 33.798073 31.912706

22.20298 21.413237 22.364708 21.523249 22.312677 21.501364 22.320375 21.500319

8.154711 8.154711 8.154716 8.154716 8.154716 8.154716 8.154711 8.154711

2.841253 2.838088 2.841416 2.838222 2.842601 2.838357 2.850831 2.838463

4.991743 4.800946 5.081632 4.849515 5.120971 4.902009 5.147976 4.919647

3.075994 3.145301 3.085657 3.159305 3.106894 3.170739 3.145751 3.193692

0.236668 0.236668 0.236875 0.236875 0.236668 0.236668 0.236668 0.236668

96.76416 94.475388 97.362358 94.846786 97.663292 94.709671 98.041809 94.847794

13.672913 12.314678 13.702909 12.219724 13.988398 12.444866 14.313476 12.679505

4.20438 4.185137 4.196534 4.181661 4.17438 4.164902 4.155082 4.141096

2.094624 2.011441 2.038294 1.957669 1.986471 1.920177 1.95378 1.887918

0.171333 0.162796 0.14894 0.135349 0.160833 0.137874 0.173443 0.142554

20.14325 18.674051 20.086678 18.494404 20.310081 18.66782 20.595779 18.851072

6.445256 6.441656 6.484701 6.485577 6.571178 6.571702 6.658559 6.651224

5.282618 5.297138 5.44732 5.461329 5.724477 5.540161 6.07186 5.885454

3.272233 3.264626 3.307855 3.269378 3.272009 3.231409 3.269187 3.230794

15.000107 15.00342 15.239875 15.216284 15.567664 15.343272 15.999607 15.767472

-0.260056 -0.27533 -0.243354 -0.247721 -0.231986 -0.238692 -0.219532 -0.21876

36.412403 34.919727 36.280689 34.63224 36.125835 34.343163 36.010014 34.070129

28.758499 27.414442 28.971956 27.513693 29.252851 27.619331 29.486954 27.725441

18.930254 18.1376 19.025957 18.2103 19.019447 18.228037 19.052816 18.241209

8.154711 8.154711 8.154716 8.154716 8.154716 8.154716 8.154711 8.154711

2.841253 2.838088 2.841416 2.838222 2.842601 2.838357 2.850831 2.838463

3.650854 3.47064 3.74386 3.51921 3.783503 3.568272 3.809391 3.58591

3.075994 3.145301 3.085657 3.159305 3.106894 3.170739 3.145751 3.193692

0.34339 0.340835 0.348266 0.344951 0.351854 0.350299 0.347044 0.3406

102.167358 98.421349 102.452515 98.372627 102.637695 98.272911 102.857513 98.150154

106.68821 104.905891 108.988052 107.003708 110.920845 108.871544 113.348221 111.160934

2024 2025 2026 2027
104.688217 102.939308 106.988045 105.040115 108.920845 106.908493 111.348213 109.199532

5.11958 4.795829 5.233528 4.974164 5.360766 5.134153 5.487433 5.272003

49.06646 48.784725 49.668922 49.247917 50.185238 49.834908 50.811157 50.52195

2.458772 2.449168 2.491694 2.475759 2.520603 2.505973 2.552941 2.543511

2.982548 2.952664 3.018979 2.986209 3.053654 3.021886 3.082893 3.056599

10.093805 10.067577 10.123871 10.113838 10.163352 10.085598 10.240662 10.220685

129.19516 143.289932 134.247238 151.178513 138.992798 159.03479 144.522156 168.14328

126.773239 140.60379 131.783722 148.404297 136.486633 156.167252 141.972107 165.176422

6.199606 6.550576 6.446456 7.027671 6.717474 7.499747 6.996632 7.974491

59.417515 66.634583 61.180248 69.579155 62.886166 72.796654 64.785652 76.420067

2.977474 3.345295 3.069172 3.497838 3.15852 3.660615 3.255072 3.847344

3.611746 4.033015 3.718661 4.219019 3.826476 4.414239 3.930775 4.623446

12.223194 13.751205 12.47019 14.289178 12.735503 14.7326 13.057131 15.459922

er reactors. The total energy content of uranium

n, used for liquid fuels production; and non-electric

photovoltaic and solar thermal sources; and

ed fuels, such as ethanol and biodiesel, and coal-based

as plant liquids and crude oil consumed as a fuel.

cludes electricity imports using renewable sources

nd commercial renewable energy data.

ic inputs to refineries.

nding components, and renewable fuels such as ethanol.

uclear power plants.

from wood, and biofuels heat and coproducts used in the
hip (f.a.s.) prices.

 2011 and 2012

y production, which differs from average minemouth prices

2011)/1 (Washington, DC, August 2012).

OE/EIA-0121(2012/4Q) (Washington, DC, March 2013).

hington, DC, September 2013).

Natural Gas Annual
Reference Low growth Reference Low growth Reference Low growth Reference Low growth

18.153067 17.853607 17.865959 17.576313 17.711773 17.40333 17.404036 17.128471

3.932132 3.893183 3.945454 3.895056 3.984065 3.918668 4.026133 3.936094

34.387623 32.403324 34.836823 32.868595 35.18605 33.372856 35.426735 33.549149

22.310526 21.440317 22.429293 21.521612 22.612162 21.669098 22.63945 21.70134

8.163456 8.154711 8.177249 8.154711 8.181016 8.154711 8.190217 8.154711

2.855819 2.838564 2.867222 2.842927 2.872291 2.843005 2.875683 2.843073

5.177241 4.956806 5.241425 4.976249 5.294027 5.024656 5.338264 5.042326

3.17336 3.218101 3.197264 3.231514 3.225287 3.247433 3.26386 3.259852

0.236668 0.236668 0.236668 0.236668 0.236668 0.236668 0.236668 0.236668

98.3899 94.995285 98.797363 95.30365 99.303345 95.87043 99.401047 95.851685

14.575418 12.861354 14.824636 12.966301 15.004932 12.983387 15.326821 13.197363

4.133234 4.110453 4.106264 4.081038 4.078588 4.057458 4.059441 4.0269

1.950454 1.873755 1.970111 1.869012 2.013158 1.873117 2.05434 1.933619

0.198209 0.150996 0.175567 0.155937 0.118782 0.108195 0.115244 0.106665

20.857317 18.996555 21.07658 19.072289 21.215458 19.022158 21.555847 19.264545

6.709257 6.713497 6.786674 6.779294 6.907672 6.854432 7.022534 6.950993

6.405602 6.216995 6.746223 6.575678 6.963191 6.964603 7.108747 7.121623

3.296443 3.235815 3.390912 3.345461 3.552814 3.532385 3.612713 3.592756

16.411301 16.166306 16.923809 16.700434 17.423676 17.351421 17.743994 17.665371

-0.211531 -0.208408 -0.191185 -0.183527 -0.171375 -0.167665 -0.160147 -0.14785

35.887566 33.801048 35.744495 33.519054 35.649609 33.277729 35.566242 33.095238

29.73498 27.866608 29.858309 27.962698 30.030592 28.076645 30.164454 28.144724

19.044132 18.188608 19.038383 18.15671 19.006927 18.081627 18.969868 18.054014

8.163456 8.154711 8.177249 8.154711 8.181016 8.154711 8.190217 8.154711

2.855819 2.838564 2.867222 2.842927 2.872291 2.843005 2.875683 2.843073

3.837834 3.626506 3.902033 3.645943 3.953909 3.694345 3.995415 3.712037

3.17336 3.218101 3.197264 3.231514 3.225287 3.247433 3.26386 3.259852

0.350301 0.339803 0.356361 0.34548 0.346868 0.333336 0.347306 0.335069

103.047447 98.033943 103.141319 97.859032 103.266502 97.708832 103.373047 97.598709

115.313896 112.976303 117.3424 114.764809 118.993767 116.230247 121.067307 118.082336

2028 2029 2030 2031
113.313896 111.016846 115.3424 112.808739 116.993767 114.276695 119.067307 116.131638

5.59464 5.3736 5.776204 5.547831 6.034758 5.64707 6.169094 5.851986

51.595455 51.241463 52.265583 51.846302 53.14962 52.851368 53.745762 53.390923

2.592211 2.580547 2.627047 2.612129 2.668806 2.658302 2.696581 2.682808

3.111119 3.081109 3.137243 3.103677 3.171798 3.132777 3.195009 3.154068

10.280457 10.27707 10.334393 10.303707 10.425936 10.324251 10.520489 10.349606

149.637344 176.928192 155.054718 186.313797 160.186829 195.526932 166.207062 205.919861

147.042038 173.859558 152.411942 183.138229 157.494476 192.240601 163.461365 202.518112

7.259898 8.415406 7.632601 9.006571 8.12386 9.499716 8.469231 10.205084

66.952965 80.247444 69.063057 84.169373 71.548866 88.908577 73.784782 93.106651

3.363789 4.041304 3.471346 4.240635 3.592689 4.471897 3.701997 4.67846

4.03715 4.825215 4.145512 5.038634 4.269806 5.270077 4.386264 5.500274

13.34046 16.094557 13.655731 16.727453 14.035169 17.367847 14.443036 18.048332

Reference Low growth Reference Low growth Reference Low growth Reference Low growth

17.225822 16.923906 17.17374 16.622532 17.050535 16.550041 16.813204 16.459606

4.052212 3.964031 4.067114 3.990084 4.0895 4.02003 4.082143 4.009636

35.811348 33.762554 36.170731 34.001003 36.517929 34.320919 36.887135 34.671249

22.64122 21.677496 22.618437 21.686935 22.650522 21.677013 22.676699 21.755203

8.192535 8.154711 8.203629 8.154711 8.215731 8.154711 8.228396 8.154711

2.881055 2.84314 2.881191 2.843239 2.883274 2.849832 2.889709 2.851765

5.358579 5.062461 5.38223 5.082047 5.418451 5.110288 5.442934 5.147247

3.303057 3.273425 3.331328 3.28541 3.384349 3.29442 3.442269 3.304714

0.236668 0.236668 0.23646 0.23646 0.23646 0.23646 0.23646 0.23646

99.702499 95.898392 100.064857 95.902412 100.446747 96.213715 100.698944 96.590576

15.512356 13.314757 15.581769 13.549527 15.789996 13.578166 16.123373 13.642287

4.060393 4.004359 4.039649 3.99533 4.01438 3.986428 4.000389 3.980057

2.023565 1.930051 2.023806 1.942017 2.037226 1.960567 2.055088 1.979314

0.109283 0.114827 0.100264 0.106275 0.091871 0.09643 0.108073 0.093616

21.705597 19.363995 21.745487 19.593149 21.933474 19.621592 22.286922 19.695276

7.127731 7.042706 7.204719 7.151627 7.316747 7.256863 7.396861 7.334403

7.279791 7.29592 7.377421 7.429931 7.466819 7.554155 7.603891 7.705195

3.655406 3.582644 3.655339 3.618609 3.723315 3.656878 3.807796 3.765373

18.062929 17.92127 18.237478 18.200167 18.50688 18.467896 18.808548 18.804972

-0.151667 -0.120462 -0.133417 -0.097412 -0.122196 -0.085676 -0.106838 -0.065407

35.488327 32.912827 35.416527 32.745407 35.381374 32.607857 35.365353 32.477226

30.343412 28.165445 30.593811 28.270893 30.859961 28.476776 31.101389 28.687305

18.927328 18.03335 18.900223 18.003294 18.859365 17.957857 18.820854 17.925045

8.192535 8.154711 8.203629 8.154711 8.215731 8.154711 8.228396 8.154711

2.881055 2.84314 2.881191 2.843239 2.883274 2.849832 2.889709 2.851765

4.015746 3.732187 4.039173 3.748593 4.075393 3.776823 4.102876 3.813782

3.303057 3.273425 3.331328 3.28541 3.384349 3.29442 3.442269 3.304714

0.345367 0.346504 0.340406 0.341262 0.336099 0.334817 0.333315 0.331738

103.496834 97.461578 103.706284 97.392807 103.995537 97.453087 104.284157 97.546288

123.396637 120.281227 125.632835 122.711456 127.705498 124.510269 129.765854 126.174187

2032 2033 2034 2035
121.396645 118.331734 123.632835 120.757957 125.705505 122.56031 127.765854 124.229553

6.359075 6.050321 6.585333 6.198103 6.736744 6.267483 6.924771 6.555499

54.279789 53.981659 54.963959 54.584862 55.749699 55.044285 56.368313 55.982605

2.724712 2.714702 2.756246 2.745277 2.79165 2.769052 2.823757 2.81169

3.219081 3.182331 3.24436 3.210133 3.267167 3.236015 3.292048 3.258547

10.553414 10.411896 10.573455 10.461965 10.648924 10.550886 10.742988 10.579538

172.806366 217.413681 179.548264 230.053223 186.30925 242.341187 193.273895 255.061127

170.005539 213.889877 176.689957 226.390915 183.391449 238.545883 190.29509 251.130051

8.905336 10.936224 9.411434 11.61989 9.82822 12.198748 10.313788 13.251942

76.014168 97.574249 78.551781 102.332939 81.333099 107.135719 83.955238 113.168839

3.815724 4.906946 3.939092 5.146707 4.072731 5.389559 4.205718 5.683832

4.508046 5.752205 4.63668 6.018196 4.766462 6.298434 4.903192 6.587154

14.779147 18.819965 15.111061 19.613562 15.535689 20.53577 16.000658 21.386538

Reference Low growth Reference Low growth Reference Low growth Reference Low growth

16.564762 16.363443 16.449987 16.254816 16.149881 16.10915 16.099022 16.057278

4.054708 4.00287 4.094332 3.994071 4.065044 3.931273 4.032364 3.941248

37.160206 35.025181 37.48925 35.367256 37.855762 35.579891 38.182117 35.853085

22.573128 21.649076 22.325602 21.420486 22.32378 21.410332 22.450769 21.476879

8.269506 8.154711 8.319079 8.154711 8.370747 8.154711 8.434354 8.154711

2.892824 2.852507 2.892971 2.86255 2.894455 2.8635 2.900717 2.863639

5.466829 5.173742 5.494514 5.199347 5.52736 5.212928 5.57404 5.220307

3.530954 3.319651 3.612816 3.332871 3.714874 3.357712 3.796523 3.390991

0.23646 0.23646 0.23646 0.23646 0.23646 0.23646 0.23646 0.23646

100.749374 96.777634 100.915009 96.822563 101.138359 96.855957 101.706367 97.194595

16.466021 13.741631 16.688995 13.873507 17.153801 14.075157 17.249319 14.098662

3.990967 3.979446 3.971073 3.976148 3.950523 3.960329 3.958355 3.942448

2.097705 2.0211 2.138121 2.061986 2.164393 2.124006 2.193256 2.150311

0.112101 0.085089 0.123591 0.083086 0.12378 0.095911 0.130121 0.108964

22.666792 19.827267 22.92178 19.994728 23.392498 20.255404 23.531052 20.300385

7.459906 7.426569 7.557948 7.499065 7.63188 7.515467 7.664593 7.592549

7.738072 7.859837 7.840524 7.981259 7.946939 8.103606 8.060628 8.223051

3.712768 3.682183 3.504877 3.481556 3.507544 3.488008 3.641567 3.570926

18.910746 18.968588 18.903349 18.961882 19.086363 19.107082 19.366789 19.386526

-0.097599 -0.055918 -0.089205 -0.042692 -0.073557 -0.023272 -0.063383 -0.030722

35.345112 32.371124 35.36573 32.301842 35.397236 32.245201 35.390163 32.139

31.283096 28.924797 31.548811 29.182652 31.830194 29.330853 32.067436 29.50861

18.813879 17.898851 18.782572 17.867922 18.777382 17.857702 18.772505 17.852627

8.269506 8.154711 8.319079 8.154711 8.370747 8.154711 8.434354 8.154711

2.892824 2.852507 2.892971 2.86255 2.894455 2.8635 2.900717 2.863639

4.131771 3.840288 4.162952 3.865556 4.194007 3.883733 4.230904 3.892371

3.530954 3.319651 3.612816 3.332871 3.714874 3.357712 3.796523 3.390991

0.335887 0.330309 0.337718 0.329998 0.339146 0.334139 0.341411 0.337224

104.60302 97.69223 105.022644 97.898102 105.518051 98.02755 105.934013 98.139175

131.605621 127.663841 133.752213 129.628586 135.774567 131.258636 138.460205 133.730652

2036 2037 2038 2039
129.605621 125.723747 131.752213 127.690247 133.774567 129.325165 136.460205 131.798965

7.184536 6.697116 7.227438 6.685741 7.262855 6.943284 7.423724 7.161473

56.489666 56.195335 57.159962 56.699223 57.470722 57.231571 58.026016 57.516747

2.834356 2.827396 2.866313 2.85095 2.881977 2.877165 2.907769 2.890171

3.316737 3.282623 3.339171 3.304189 3.35985 3.325241 3.390973 3.351992

10.84128 10.645356 10.919644 10.691734 10.953766 10.767891 11.037162 10.862707

200.220428 268.257996 207.86586 283.220642 215.550919 298.352936 224.620239 316.288757

197.177689 264.181305 204.757645 278.985626 212.375778 293.95813 221.375687 311.720093

10.930314 14.072543 11.232244 14.607426 11.530252 15.782192 12.043307 16.937727

85.941505 118.082367 88.832954 123.880005 91.238487 130.088257 94.134041 136.033875

4.312095 5.941162 4.454571 6.228932 4.575325 6.53984 4.717194 6.835595

5.045974 6.897724 5.189445 7.219199 5.333979 7.558324 5.501083 7.927856

16.493565 22.368917 16.970345 23.359968 17.389812 24.475584 17.905289 25.691582

Reference Low growth Reference Low growth

15.996357 16.036381 0.50% 0.50%

3.991315 3.920468 0.80% 0.70%

38.370724 36.090431 1.60% 1.40%

22.610752 21.665577 0.30% 0.20%

8.49116 8.154711 0.20% 0.00%

2.901317 2.863791 0.30% 0.20%

5.606266 5.244791 1.40% 1.20%

3.888971 3.421023 2.50% 2.00%

0.236253 0.236253 -2.00% -2.00%

102.093109 97.633423 0.90% 0.80%

17.425735 14.110908 -0.20% -1.00%

3.92962 3.917202 -0.30% -0.30%

2.277222 2.21452 -1.20% -1.30%

0.097823 0.092808 -4.50% -4.70%

23.7304 20.335438 -0.40% -0.90%

7.700371 7.634516 0.70% 0.70%

8.09186 8.26055 5.90% 6.00%

3.78604 3.765193 0.60% 0.60%

19.57827 19.660259 2.00% 2.00%

-0.06649 -0.030647 - - - - 

35.353397 32.036709 -0.10% -0.40%

32.319588 29.777775 0.80% 0.50%

18.747803 17.834044 0.30% 0.10%

8.49116 8.154711 0.20% 0.00%

2.901317 2.863791 0.30% 0.20%

4.261736 3.915877 1.90% 1.60%

3.888971 3.421023 2.50% 2.00%

0.347764 0.335318 -0.40% -0.50%

106.311729 98.339249 0.40% 0.10%

141.456161 136.523712 0.80% 0.70%

2040 Growth Rate (2012-2040)
139.456177 134.593445 1.40% 1.30%

7.652016 7.189444 3.70% 3.50%

59.155956 58.570904 1.40% 1.40%

2.960135 2.938333 1.40% 1.40%

3.42591 3.37922 1.00% 0.90%

11.134843 10.797623 0.40% 0.30%

234.53244 335.89978 2.70% 4.00%

231.216492 331.150604 3.30% 4.60%

12.686941 17.68874 5.60% 6.90%

98.079788 144.106491 3.30% 4.70%

4.907864 7.229407 3.30% 4.70%

5.680112 8.314154 2.80% 4.20%

18.461422 26.566221 2.30% 3.60%

Reference Low growth Reference Low growth

 Crude Oil

 Domestic Crude Production 1/ 9.288825 9.25585 9.190735 9.153136

 Alaska 0.388714 0.388714 0.36631 0.36631

 Lower 48 States 8.900111 8.867136 8.824425 8.786826

 Net Imports 5.942179 5.447834 5.974879 5.421006

 Gross Imports 6.080156 5.585811 6.109093 5.555221

 Exports 0.137977 0.137977 0.134215 0.134215

 Other Crude Supply 2/ 0 0 0 0

 Total Crude Supply 15.231005 14.703684 15.165613 14.574142

 Other Petroleum Supply 0.160282 0.115645 0.089492 0.044176

 Net Product Imports -0.891071 -0.915068 -0.942516 -0.963858

 Gross Refined Product Imports 3/ 1.006778 0.990698 1.01992 1.001245

 Unfinished Oil Imports 0.515077 0.515077 0.511461 0.511461

 Blending Component Imports 0.595522 0.595909 0.586201 0.587269

 Exports 3.008449 3.016753 3.060099 3.063833

 Refinery Processing Gain 4/ 1.051354 1.030713 1.032008 1.008034

 Product Stock Withdrawal 0 0 0 0

 Other Non-petroleum Supply 4.046521 4.006035 4.13366 4.090694

 Supply from Renewable Sources 1.04257 1.037225 1.040906 1.037634

 Ethanol 0.915509 0.898026 0.914924 0.899861

 Domestic Production 0.84875 0.831288 0.854392 0.831302

 Net Imports 0.066759 0.066739 0.060532 0.06856

 Stock Withdrawal 0 0 0 0

 Biodiesel 0.089 0.08892 0.088025 0.087494

 Domestic Production 0.07703 0.07703 0.075851 0.075386

 Net Imports 0.01197 0.011889 0.012174 0.012108

 Stock Withdrawal 0 0 0 0

 Other Biomass-derived Liquids 5/ 0.038061 0.050278 0.037958 0.050278

 Domestic Production 0.038061 0.050278 0.037958 0.050278

 Net Imports 0 0 0 0

 Stock Withdrawal 0 0 0 0

 Liquids from Gas 2.704508 2.678952 2.793027 2.76252

 Natural Gas Plant Liquids 2.704508 2.678952 2.793027 2.76252

 Gas-to-Liquids 0 0 0 0

 Liquids from Coal 0 0 0 0

 Other 6/ 0.299444 0.289859 0.299727 0.290541

 Total Primary Supply 7/ 19.437809 18.825363 19.388767 18.709013

Petroleum and Other Liquids Supply and Disposition

(million barrels per day, unless otherwise noted)

Supply and Disposition

2022 2023
 Product Supplied

 by Fuel 16.93547 16.481286

 Liquefied Petroleum Gases and Other 8/ 2.779921 2.720527 2.815053 2.750314

 Motor Gasoline 9/ 8.100252 7.968296 7.963089 7.808892

 of which: E85 10/ 0.204473 0.20991 0.222566 0.234668

 Jet Fuel 11/ 1.502339 1.488837 1.508082 1.493557

 Distillate Fuel Oil 12/ 4.348485 4.093716 4.378462 4.100627

 of which: Diesel 4.005528 3.758273 4.040004 3.770045

 Residual Fuel Oil 0.38962 0.384097 0.390509 0.384649

 Other 13/ 2.326933 2.17955 2.343264 2.180738

 by Sector

 Residential and Commercial 0.864389 0.860278 0.856255 0.851496

 Industrial 14/ 5.48176 5.230692 5.536664 5.262894

 Transportation 13.021044 12.6661 12.924597 12.525912

 Electric Power 15/ 0.081549 0.079098 0.082155 0.079623

 Total 19.44755 18.835024 19.398457 18.718777

 Discrepancy 16/ -0.009741 -0.009661 -0.009689 -0.009764

Domestic Refinery Distillation Capacity 17/ 18.129658 18.129658 18.129658 18.129658

Capacity Utilization Rate (percent) 18/ 84.011528 81.102928 83.650841 80.38839

Net Import Share of Product Supplied (perce

nt) 26.391024 24.49564 26.330032 24.254704

Net Expenditures for Imports of Crude Oil a

nd

 Petroleum Products (billion 2012 dollars) 214.502243 194.328156 220.992096 198.503998

16.93547

 1/ Includes lease condensate.

 2/ Strategic petroleum reserve stock additions plus unaccounted for crude oil and crude stock withdrawals minus crude pro

 3/ Includes other hydrocarbons and alcohols.

 4/ The volumetric amount by which total output is greater than input due to the processing of crude oil into products which

have a lower specific gravity than the crude oil processed.

 5/ Includes pyrolysis oils, biomass-derived Fischer-Tropsch liquids, biobutanol, and renewable feedstocks used for the

cold starting issues, the percentage of ethanol varies seasonally. The annual average ethanol content of

74 percent is used for this forecast.

 11/ Includes only kerosene type.

on-site production of diesel and gasoline.

 6/ Includes domestic sources of other blending components, other hydrocarbons, and ethers.

 7/ Total crude supply plus other petroleum supply plus other non-petroleum supply.

 8/ Includes ethane, natural gasoline, and refinery olefins.

 9/ Includes ethanol and ethers blended into gasoline.

 10/ E85 refers to a blend of 85 percent ethanol (renewable) and 15 percent motor gasoline (nonrenewable). To address
 12/ Includes distillate fuel oil from petroleum and biomass feedstocks.

 13/ Includes kerosene, aviation gasoline, petrochemical feedstocks, lubricants, waxes, asphalt, road oil, still gas,

special naphthas, petroleum coke, crude oil product supplied, methanol, and miscellaneous petroleum products.

Other 2012 data: EIA, Petroleum Supply Annual 2012, DOE/EIA-0340(2012)/1 (Washington, DC, September 2013).

Projections: EIA, AEO2014 National Energy Modeling System.

 - - = Not applicable.

 Note: Totals may not equal sum of components due to independent rounding. Data for 2011 and 2012

are model results and may differ from official EIA data reports.

 Sources: 2011 and 2012 product supplied based on: U.S. Energy Information Administration (EIA),

Monthly Energy Review, DOE/EIA-0035(2013/09) (Washington, DC, September 2013).

Other 2011 data: EIA, Petroleum Supply Annual 2011, DOE/EIA-0340(2011)/1 (Washington, DC, August 2012).

 14/ Includes energy for combined heat and power plants that have a non-regulatory status, and small on-site generating sy

 15/ Includes consumption of energy by electricity-only and combined heat and power plants that have a regulatory status.

 16/ Balancing item. Includes unaccounted for supply, losses, and gains.

 17/ End-of-year operable capacity.

 18/ Rate is calculated by dividing the gross annual input to atmospheric crude oil distillation units by their

operable refining capacity in barrels per calendar day.
Reference Low growth Reference Low growth Reference Low growth Reference Low growth

9.072848 9.03053 9.004183 8.950871 8.832944 8.745314 8.66966 8.551946

0.345685 0.345685 0.326669 0.326669 0.307665 0.307665 0.288774 0.288774

8.727163 8.684845 8.677514 8.624203 8.525279 8.437649 8.380886 8.263172

6.035929 5.422943 6.052687 5.380779 6.187996 5.482528 6.332961 5.586545

6.16848 5.555494 6.183692 5.511785 6.31792 5.612451 6.462374 5.71596

0.132551 0.132551 0.131005 0.131005 0.129924 0.129924 0.129414 0.129414

0 0 0 0 0 0 0 0

15.108777 14.453472 15.05687 14.331651 15.020941 14.227841 15.002621 14.138491

0.038306 -0.00755 -0.009492 -0.062266 -0.08664 -0.137652 -0.149423 -0.205919

-0.975656 -0.99655 -1.006822 -1.027595 -1.068271 -1.084962 -1.122708 -1.138517

1.03091 1.015811 1.05515 1.026715 1.058768 1.040581 1.065757 1.045527

0.507846 0.507846 0.504231 0.504231 0.500615 0.500615 0.497 0.497

0.575914 0.573341 0.550558 0.564921 0.538036 0.543576 0.524864 0.529558

3.090325 3.093548 3.116761 3.123461 3.16569 3.169734 3.210329 3.210602

1.013961 0.989001 0.99733 0.96533 0.981631 0.94731 0.973285 0.932598

0 0 0 0 0 0 0 0

4.182935 4.138651 4.214941 4.173586 4.244542 4.201786 4.266077 4.219076

1.042815 1.036447 1.041019 1.037042 1.040587 1.039907 1.040669 1.039909

0.915553 0.898795 0.915236 0.899264 0.915088 0.900485 0.915186 0.900521

0.854377 0.83569 0.854388 0.83569 0.854392 0.835683 0.85523 0.835683

0.061176 0.063105 0.060848 0.063573 0.060696 0.064803 0.059957 0.064838

0 0 0 0 0 0 0 0

0.089305 0.087477 0.087722 0.0875 0.087542 0.089247 0.087525 0.089213

0.077146 0.075386 0.075544 0.075386 0.075386 0.077146 0.075386 0.077146

0.012159 0.012091 0.012178 0.012114 0.012155 0.012102 0.012139 0.012067

0 0 0 0 0 0 0 0

0.037958 0.050175 0.038061 0.050278 0.037958 0.050175 0.037958 0.050175

0.037958 0.050175 0.038061 0.050278 0.037958 0.050175 0.037958 0.050175

0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0

2.839025 2.811954 2.872898 2.847439 2.903315 2.872403 2.922893 2.889831

2.839025 2.811954 2.872898 2.847439 2.903315 2.872403 2.922893 2.889831

0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0

0.301095 0.29025 0.301023 0.289105 0.30064 0.289475 0.302516 0.289337

19.330017 18.584572 19.262318 18.442972 19.178843 18.291975 19.119274 18.151648

2024 2025 2026 2027
2.834736 2.775943 2.843309 2.781815 2.840814 2.777341 2.844868 2.776608

7.821501 7.641741 7.672413 7.463881 7.538225 7.297091 7.41816 7.14177

0.242672 0.256068 0.262485 0.281853 0.279335 0.306238 0.294067 0.326706

1.514818 1.499295 1.522291 1.505126 1.529134 1.51034 1.53507 1.514718

4.404473 4.101923 4.436998 4.111108 4.460839 4.115834 4.47965 4.109755

4.069851 3.776159 4.106392 3.789812 4.135476 3.799778 4.159101 3.798867

0.392071 0.385228 0.392706 0.385574 0.392729 0.386003 0.39312 0.386391

2.372275 2.190201 2.404312 2.205044 2.426516 2.215048 2.458132 2.232167

0.848676 0.8436 0.841073 0.835328 0.833714 0.827143 0.826392 0.818874

5.589576 5.298027 5.635637 5.321144 5.657545 5.328629 5.694529 5.345308

12.819832 12.373958 12.713536 12.217359 12.616394 12.067966 12.527696 11.919618

0.08302 0.079925 0.083024 0.079907 0.081849 0.079105 0.081641 0.078804

19.339874 18.59433 19.272028 18.452549 19.188255 18.301657 19.129 18.161409

-0.009857 -0.009758 -0.00971 -0.009577 -0.009413 -0.009682 -0.009726 -0.009762

18.129658 18.129658 18.129658 18.129658 18.129658 18.129658 18.129658 18.129658

83.337349 79.722801 83.051041 79.050865 82.852859 78.478264 82.751808 77.98542

26.557705 24.222178 26.574638 24.013866 27.074511 24.461384 27.628391 24.928505

228.389603 202.427719 234.269226 204.645966 243.981995 212.512894 254.790054 220.807526

stock withdrawals minus crude product supplied.

ing of crude oil into products which, in total,

wable feedstocks used for the

nol content of

ne (nonrenewable). To address
phalt, road oil, still gas,

us petroleum products.

n, DC, September 2013).

 2011 and 2012

n, DC, August 2012).

us, and small on-site generating systems.

ants that have a regulatory status.

ion units by their
Reference Low growth Reference Low growth Reference Low growth Reference Low growth

8.515922 8.376325 8.380416 8.245762 8.304714 8.162722 8.159544 8.031879

0.271349 0.271349 0.255255 0.255255 0.240371 0.240371 0.226587 0.226587

8.244573 8.104976 8.125161 7.990507 8.064343 7.922351 7.932957 7.805292

6.455387 5.671608 6.566886 5.718318 6.635491 5.723905 6.779545 5.819617

6.583871 5.800093 6.695328 5.846759 6.765434 5.853848 6.909001 5.949073

0.128485 0.128485 0.128441 0.128441 0.129943 0.129943 0.129456 0.129456

0 0 0 0 0 0 0 0

14.971308 14.047933 14.947302 13.96408 14.940206 13.886626 14.939089 13.851496

-0.195052 -0.270869 -0.257532 -0.333205 -0.336527 -0.39916 -0.415023 -0.474069

-1.158872 -1.189224 -1.214273 -1.239077 -1.293569 -1.291988 -1.368313 -1.360743

1.065918 1.046118 1.061431 1.041712 1.056016 1.040657 1.05697 1.037131

0.493385 0.493385 0.489769 0.489769 0.486154 0.486154 0.482538 0.482538

0.51505 0.515686 0.505088 0.504998 0.496122 0.494222 0.486642 0.482324

3.233226 3.244414 3.270561 3.275556 3.331861 3.313021 3.394464 3.362735

0.963821 0.918355 0.956742 0.905872 0.957042 0.892829 0.95329 0.886674

0 0 0 0 0 0 0 0

4.283629 4.237919 4.290867 4.236521 4.322494 4.253311 4.356712 4.266138

1.040782 1.03762 1.04022 1.037749 1.040669 1.037628 1.041856 1.037358

0.915334 0.900014 0.91476 0.900128 0.914831 0.899995 0.914635 0.899708

0.855847 0.835686 0.855835 0.83569 0.855847 0.835694 0.855847 0.835679

0.059487 0.064327 0.058925 0.064438 0.058984 0.0643 0.058788 0.064029

0 0 0 0 0 0 0 0

0.08749 0.087432 0.087502 0.087446 0.08788 0.087459 0.089263 0.087475

0.075386 0.075386 0.075386 0.075386 0.07575 0.075386 0.077146 0.075386

0.012104 0.012046 0.012116 0.01206 0.012131 0.012073 0.012118 0.012089

0 0 0 0 0 0 0 0

0.037958 0.050175 0.037958 0.050175 0.037958 0.050175 0.037958 0.050175

0.037958 0.050175 0.037958 0.050175 0.037958 0.050175 0.037958 0.050175

0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0

2.940651 2.91142 2.950508 2.912771 2.978853 2.929972 3.010346 2.94256

2.940651 2.91142 2.950508 2.912771 2.978853 2.929972 3.010346 2.94256

0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0

0.302197 0.288879 0.300139 0.286002 0.302972 0.28571 0.30451 0.28622

19.059887 18.014982 18.980637 17.867395 18.926172 17.740778 18.880777 17.643566

2028 2029 2030 2031
2.857808 2.776372 2.848682 2.765212 2.840257 2.754894 2.836118 2.743698

7.31573 7.004065 7.224996 6.878806 7.146273 6.766458 7.080946 6.670387

0.305464 0.343178 0.313237 0.357678 0.318727 0.368611 0.321052 0.376489

1.540705 1.5187 1.545791 1.522208 1.550583 1.525358 1.555024 1.528188

4.487029 4.097168 4.498954 4.089481 4.516384 4.086142 4.528018 4.086884

4.170933 3.791174 4.186929 3.787973 4.20793 3.788746 4.224582 3.794646

0.394136 0.386457 0.394859 0.38691 0.396202 0.387424 0.396595 0.387824

2.474024 2.242129 2.476266 2.233929 2.485746 2.229466 2.493514 2.235642

0.819928 0.811213 0.813193 0.803779 0.807109 0.796964 0.80122 0.790156

5.724005 5.354008 5.71842 5.333894 5.722938 5.319901 5.727085 5.315573

12.445028 11.782169 12.377145 11.661172 12.324268 11.555061 12.281888 11.470179

0.081735 0.0787 0.08204 0.078884 0.082366 0.078991 0.08125 0.077882

19.069431 18.024893 18.989548 17.876547 18.935446 17.749741 18.890217 17.652622

-0.009544 -0.009911 -0.008911 -0.009151 -0.009274 -0.008963 -0.009439 -0.009056

18.129658 18.129658 18.129658 18.129658 18.129658 18.129658 18.129658 18.129658

82.579086 77.485916 82.446686 77.023392 82.407532 76.596176 82.40139 76.402405

28.164417 25.305363 28.574669 25.497496 28.600803 25.412018 29.035553 25.703379

263.618317 227.833954 272.543701 233.34053 278.598022 236.335953 289.048889 243.16362

Reference Low growth Reference Low growth Reference Low growth Reference Low growth

8.072735 7.932821 8.044679 7.790892 7.984591 7.753178 7.872269 7.709124

0.273065 0.213805 0.340211 0.201937 0.388438 0.250164 0.378168 0.318908

7.79967 7.719016 7.704468 7.588954 7.596154 7.503014 7.494101 7.390216

6.862329 5.874372 6.897704 5.98298 6.998343 5.998932 7.149344 6.030087

6.989813 6.001856 7.023462 6.108739 7.123044 6.123633 7.272789 6.153533

0.127484 0.127484 0.125759 0.125759 0.124701 0.124701 0.123445 0.123445

0 0 0 0 0 0 0 0

14.935063 13.807194 14.942383 13.773872 14.982935 13.75211 15.021612 13.739212

-0.473337 -0.545828 -0.533088 -0.619954 -0.618314 -0.693029 -0.668815 -0.745559

-1.427032 -1.426328 -1.482378 -1.493319 -1.563064 -1.55937 -1.613156 -1.605453

1.070215 1.036632 1.072165 1.047891 1.07661 1.059891 1.082227 1.070638

0.478923 0.478923 0.475308 0.475308 0.471692 0.471692 0.468077 0.468077

0.477477 0.472441 0.468303 0.462553 0.456796 0.45267 0.448365 0.443279

3.453647 3.414325 3.498154 3.47907 3.568162 3.543623 3.611825 3.587447

0.953695 0.8805 0.949291 0.873365 0.94475 0.866342 0.94434 0.859894

0 0 0 0 0 0 0 0

4.376366 4.288073 4.386152 4.308187 4.403698 4.32949 4.399092 4.320786

1.041098 1.038408 1.041115 1.039419 1.042102 1.039352 1.04151 1.039222

0.913895 0.900783 0.91389 0.900262 0.914847 0.900181 0.914258 0.900053

0.855835 0.835667 0.855835 0.835667 0.855835 0.835667 0.853584 0.835667

0.05806 0.065116 0.058056 0.064595 0.059012 0.064514 0.060674 0.064386

0 0 0 0 0 0 0 0

0.089245 0.08745 0.08937 0.089086 0.089402 0.0891 0.089397 0.089097

0.077146 0.075386 0.077261 0.077011 0.077261 0.077017 0.077261 0.077017

0.0121 0.012064 0.01211 0.012074 0.012141 0.012083 0.012137 0.01208

0 0 0 0 0 0 0 0

0.037958 0.050175 0.037854 0.050071 0.037854 0.050071 0.037854 0.050071

0.037958 0.050175 0.037854 0.050071 0.037854 0.050071 0.037854 0.050071

0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0

3.028849 2.96277 3.038397 2.982388 3.054612 3.003846 3.04924 2.995132

3.028849 2.96277 3.038397 2.982388 3.054612 3.003846 3.04924 2.995132

0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0

0.306419 0.286895 0.30664 0.286381 0.306984 0.286291 0.308342 0.286433

18.838093 17.549438 18.795446 17.462105 18.768318 17.388571 18.751888 17.31444

2032 2033 2034 2035
2.830849 2.735325 2.818017 2.72598 2.792467 2.713211 2.782671 2.693167

7.02686 6.585707 6.982539 6.50852 6.943378 6.440768 6.909336 6.378287

0.319027 0.383066 0.314672 0.38472 0.309967 0.384144 0.297484 0.380681

1.559142 1.530716 1.562889 1.532972 1.566164 1.534828 1.569109 1.536364

4.53449 4.080866 4.544459 4.07794 4.566219 4.078216 4.586548 4.078006

4.234961 3.792562 4.248627 3.793787 4.2736 3.79762 4.297011 3.800663

0.396963 0.388598 0.398011 0.389064 0.398714 0.389238 0.399925 0.390333

2.499404 2.237324 2.498679 2.236481 2.510372 2.240961 2.513114 2.246701

0.795458 0.783334 0.790069 0.776704 0.784119 0.770771 0.779706 0.765316

5.727955 5.309916 5.715195 5.299194 5.703929 5.292738 5.698501 5.28161

12.24421 11.388372 12.219083 11.318069 12.208592 11.256604 12.201549 11.198731

0.081303 0.078078 0.081449 0.078141 0.081865 0.078251 0.082123 0.078333

18.84771 17.558537 18.804594 17.470957 18.777315 17.397221 18.760704 17.322857

-0.009617 -0.009098 -0.009148 -0.008852 -0.008997 -0.00865 -0.008816 -0.008417

18.129658 18.129658 18.129658 18.129658 18.129658 18.129658 18.129658 18.129658

82.379173 76.158035 82.419548 75.974243 82.643227 75.854218 82.856575 75.783073

29.225126 25.785578 29.185209 26.14994 29.338976 25.971994 29.91165 25.996229

297.603973 250.093918 305.143311 259.808624 315.754913 264.852844 327.328461 269.924591

Reference Low growth Reference Low growth Reference Low growth Reference Low growth

7.754629 7.662413 7.699487 7.610111 7.558843 7.540687 7.530283 7.512097

0.368597 0.368597 0.359665 0.359665 0.321691 0.351322 0.288702 0.343518

7.386033 7.293817 7.339821 7.250445 7.237151 7.189365 7.241581 7.16858

7.303795 6.072554 7.406397 6.13335 7.618123 6.227519 7.662498 6.238018

7.427744 6.196503 7.530535 6.257487 7.742245 6.35164 7.786319 6.361838

0.123949 0.123949 0.124137 0.124137 0.124122 0.124122 0.123821 0.123821

0 0 0 0 0 0 0 0

15.058424 13.734966 15.105885 13.743461 15.176966 13.768206 15.192781 13.750114

-0.704074 -0.797507 -0.769498 -0.837203 -0.811373 -0.848042 -0.822815 -0.904255

-1.650264 -1.65398 -1.716191 -1.691069 -1.761562 -1.701789 -1.777179 -1.754295

1.093154 1.086456 1.095712 1.101345 1.097255 1.105129 1.108745 1.107656

0.464462 0.464462 0.460846 0.460846 0.45723 0.45723 0.453616 0.453616

0.437879 0.433407 0.428378 0.424521 0.418416 0.414649 0.408454 0.404776

3.645758 3.638304 3.701127 3.677781 3.734463 3.678798 3.747993 3.720342

0.94619 0.856473 0.946693 0.853866 0.950189 0.853748 0.954364 0.85004

0 0 0 0 0 0 0 0

4.377561 4.316371 4.406972 4.311654 4.389887 4.262145 4.378557 4.271891

1.039404 1.039425 1.038624 1.039974 1.041671 1.037553 1.0533 1.039845

0.91218 0.900256 0.911655 0.900636 0.914454 0.899496 0.928873 0.918048

0.849833 0.835667 0.847575 0.835667 0.848554 0.833685 0.859024 0.850457

0.062348 0.064589 0.06408 0.064969 0.0659 0.065811 0.069849 0.067591

0 0 0 0 0 0 0 0

0.08937 0.089098 0.089115 0.089267 0.089363 0.089098 0.089108 0.089077

0.077261 0.077011 0.077011 0.077184 0.077261 0.077011 0.077011 0.077011

0.012109 0.012087 0.012103 0.012082 0.012102 0.012086 0.012096 0.012066

0 0 0 0 0 0 0 0

0.037854 0.050071 0.037854 0.050071 0.037854 0.048959 0.035319 0.032719

0.037854 0.050071 0.037854 0.050071 0.037854 0.048959 0.035319 0.032719

0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0

3.028998 2.989513 3.058621 2.983441 3.037477 2.936938 3.013617 2.94435

3.028998 2.989513 3.058621 2.983441 3.037477 2.936938 3.013617 2.94435

0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0

0.309159 0.287433 0.309727 0.288239 0.310739 0.287654 0.31164 0.287696

18.731911 17.25383 18.743359 17.217911 18.75548 17.182308 18.748524 17.11775

2036 2037 2038 2039
2.76675 2.67794 2.771581 2.675535 2.7629 2.661008 2.749513 2.652188

6.881879 6.323015 6.862229 6.274787 6.849751 6.231403 6.844498 6.184044

0.281486 0.374233 0.264501 0.363638 0.245667 0.346893 0.237414 0.343066

1.573336 1.539078 1.577515 1.541707 1.58163 1.544133 1.585529 1.546199

4.59785 4.080296 4.60704 4.08115 4.615688 4.083397 4.62244 4.079254

4.311139 3.805881 4.322987 3.809642 4.334297 3.814622 4.343626 3.813179

0.401219 0.391252 0.40173 0.391631 0.402443 0.393118 0.403421 0.393888

2.519142 2.2506 2.531539 2.261171 2.550776 2.276173 2.550128 2.269242

0.775552 0.760503 0.771922 0.755991 0.768688 0.751518 0.764992 0.746741

5.690427 5.27259 5.708889 5.282168 5.719102 5.284812 5.70614 5.270696

12.192887 11.151599 12.189212 11.110119 12.193395 11.074909 12.201965 11.029038

0.082472 0.078612 0.08277 0.078831 0.083155 0.079115 0.083572 0.079444

18.740177 17.262182 18.751633 17.225981 18.763191 17.189232 18.755531 17.124817

-0.008266 -0.008352 -0.008274 -0.00807 -0.007711 -0.006924 -0.007008 -0.007067

18.129658 18.129658 18.129658 18.129658 18.129658 18.129658 18.129658 18.129658

83.059608 75.759651 83.321396 75.806503 83.713463 75.942993 83.800713 75.843208

30.578768 26.053631 30.764973 26.247852 31.64176 26.792828 31.827915 26.658756

338.679474 274.799194 347.810272 281.972931 363.353607 289.935425 372.929199 295.774231

Reference Low growth Reference Low growth

7.480167 7.499392 0.50% 0.50%

0.259987 0.30658 -2.50% -1.90%

7.220181 7.192811 0.70% 0.70%

7.742801 6.243674 -0.30% -1.10%

7.866511 6.367384 -0.30% -1.00%

0.12371 0.12371 2.60% 2.60%

0 0 - - - -

15.222968 13.743065 0.00% -0.30%

-0.862155 -0.942033 - - - - 

-1.816797 -1.789852 2.50% 2.40%

1.097406 1.10552 0.90% 1.00%

0.45 0.45 -1.00% -1.00%

0.398491 0.394903 -1.50% -1.60%

3.762695 3.740276 0.80% 0.80%

0.954642 0.84782 -0.40% -0.90%

0 0 - - - -

4.36415 4.259696 0.80% 0.70%

1.067689 1.042423 0.70% 0.60%

0.946005 0.923088 0.50% 0.40%

0.862785 0.853626 0.10% 0.00%

0.08322 0.069462 - - - -

0 0 - - - -

0.089448 0.089441 - - - -

0.077376 0.077376 0.70% 0.70%

0.012072 0.012065 - - - -

0 0 - - - -

0.032237 0.029894 - - - -

0.032237 0.029894 - - - -

0 0 - - - -

0 0 - - - -

2.983552 2.929423 0.80% 0.70%

2.983552 2.929423 0.80% 0.70%

0 0 - - - -

0 0 - - - -

0.312909 0.28785 1.80% 1.50%

18.724962 17.060728 0.00% -0.30%

2040 Growth Rate (2012-2040)
2.728679 2.640012 0.60% 0.50%

6.840818 6.145713 -0.90% -1.20%

0.22813 0.325445 11.90% 13.30%

1.589608 1.548459 0.50% 0.40%

4.620763 4.074823 0.80% 0.30%

4.344544 3.811411 0.80% 0.40%

0.404459 0.393987 0.60% 0.50%

2.547176 2.264298 0.90% 0.50%

0.761034 0.742131 -0.80% -0.80%

5.683921 5.254875 0.90% 0.60%

12.203708 10.991612 -0.30% -0.70%

0.083962 0.079765 -0.70% -0.90%

18.731504 17.067293 0.00% -0.30%

-0.006542 -0.006565 - - - -

18.129658 18.129658 0.20% 0.20%

83.967209 75.804321 -0.20% -0.60%

32.156517 26.583559 -0.80% -1.50%

385.393707 302.297546 0.70% -0.10%