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# Novem ber 2015



# Short

- Term Energy Outlook (STEO)

Highlights

 North Sea Br ent crude oil prices averaged $4 8 /barrel (b) in October, a $ 1 /b increase from September. D aily Brent prices have ranged between $45/b and $53/b since the beginning of September. Oil price volatility was lower during October than during August and September, but it remains elevated compared with levels in recent years

.

 EIA forecasts that Brent crude oil prices will average $54/b in 2015 and $5 6/b in 2016

. The 2015 forecast price is unchanged from last month’s STEO , and the 2016 forecast price is $2/b lower. Forecast West Texas Intermediate (WTI) crude oil prices average $4/b lower than the Brent price in 2015 and $5/b lower in 2016

. T he current values of futures and options contracts for February 2016 delivery ( Market Prices and Uncertainty Report ) suggest the market expects WTI prices to range from $ 3 5 /b to $ 66 /b (at the 95% confidence interval) in February 2016

.

 The monthly average price of U.S. regular retail gasoline was $2. 29 /gallon (gal) in October, a decrease of 8 cent s /gal from September and 88 cents /gal lower than in October 2014. EIA expects monthly gasoline prices to decline to an average of $2. 0 6 /gal in December 2015. EIA forecasts U.S. regular gasoline retail prices to average $2. 3 3 /gal in 2016.

 EIA estimates that total U.S. crude oil production declined by 40 ,000 barrels per day (b/d) in October compared with September

. Crude oil p roduction is forecast to d ecreas e through the third quarter of 2016 before growth resumes late in 2016. Projected U.S. crude oil production averages 9. 3 million b/d in 2015 and 8.8 million b/d in 2016.

 Natural gas working inventories were 3, 929 billion cubic feet (Bcf) on Oc tober 30 , which matches the previous weekly record set November 2, 2012

. The October 30 level was 1 0 % higher than a year ago and 4 % higher than the previous five

- year average (2010

- 14) for th at week

. EIA expects the Henry Hub natu ral gas spot price to average $2.5 9 /million British thermal units (MMBtu) this winter (October 2015

– March 2016) compared with $3.35 /MMBtu last winter. 

# Global Petroleum and Other Liquids

Global petroleum and other liquids production continues to outpace consumption, leading to inventory builds throughout the forecast period. Global oil inventory builds in the third quarter

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# of 2015 averaged 1. 6 million b/d, down from 2.0 million b/d in the second qu arter , which had the highest level of inventory builds since the fourth quarter of 2008 . The pace of inventory builds is expected to slow in the fourth quarter to roughly 1. 2 million b/d. In 2016, inventory builds are expected to slow further to an average of 0

. 4 million b/d as global liquids output is expected to be unchanged from 2015

. Th e 0.4 million b/d reduction in projected 2016 inventory builds from last month’s STEO mostly reflects lower forecast oil production in Canada and the United States

. Global Petroleum and Other Liquids Consumption . EIA estimates global consumption of pe troleum and other liquids grew by 1. 2 million b/d in 2014, averaging 92. 4 million b/d for the year. EIA expects global consumption of petroleum and other liquids to grow by 1. 4 million b/d in both 2015 and 2016 . Projected real gross domestic product (GDP) for the world weighted by oil consumption, which increased by 2.7 % in 2014, is expected to rise by 2.3% in 2015 and by 2.7 % in 2016

. Consumption of petroleum and other liquids in countries outside the Organization for Economic Cooperation and Development (OECD) increased by 1. 4 million b/d in 2014 and is projected to grow by 0. 8 million b/d in 2015 and by 1. 2 million b/d in 2016. China continues to be the main driver of non

- OECD oil consumption growth, d espite the slowdown in the country’s economic growth that began in the second half of 2014

. China’s consumption growth is expected to average 0.3 million b/d in 2015 and in 2016, below th e 0.4 million b/d growth in 2014. Iran is expected to experience an uptick in economic act ivity and petroleum consumption in 2016 , assuming implementation of the Joint Comprehensive Plan of Action (JCPOA) between Iran and the five permanent members of the United Nations Security Council plus Germany ( P5+1 ) announced on July 14.
After falling by 0. 3 million b/d in 2014, OECD petroleum and other liquids consumption is expected to rise by 0. 6 million b/d in 2015 and by 0. 2 million b/d in 2016, reaching an aver age of 46. 5 million b/d, the highest annual average level of OECD consumption since 2010. U.S. consumption is expected to grow by an average of 0. 3 million b/d in 2015 and by 0. 1 million b/d in 2016. E conomic conditions improve d in several OECD countries i n Europe and Asia as they emerged from recessions , contributing to 2015 oil demand growth

. Also , colder

- than

- normal weather early in 2015 across OECD Europe contribute d to a projected 0. 2 million b/d increase in 2015 oil consumption

. Consumption in OECD Europe is forecast to remain relatively unchanged in 2016. Consumption in Turkey in 2015 was revised upward to account for higher

- than

- forecast use of jet fuel, particularly in the third quarter of the year. In the same quarter, Japan saw an uptick in petroleum consumption for electricity generation, which made up for lower hydropower electricity generation. However, consumption in Japan is forecast to decline by an average of 0.1 million b/d in 2015 and 2016.

Non‐OPEC Petroleum and Ot her Liquids Supply. EIA estimates that petroleum and other liquids production in countries outside of the Organization of the Petroleum Exporting Countries (OPEC) grew by 2. 5 million b/d in 2014, which mainly reflects production growth in the United States

. EIA expects non

- OPEC production to grow by 1. 1 million b/d in 2015, and then decline by 0.3

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# million b/d in 2016 , which would be the first annual decline in non

- OPEC production since 2008

. In last month’s STEO, non
- OPEC production was forecast to increase by 0. 1 million b/d. The shift in expectation from non
- OPEC production growth to declines in 2016 is mostly because of l ower expected growth in Canada and larger expected declines in U.S. onshore p roduction

.
Non

- OPEC producti on growth in 2015 is largely attributable to investments committed to projects before the oil price decline that began in mid

- 2014. For example, the decisions to invest in the Golden Eagle, Peregrine, and Kinnoull fields in the United Kingdom’s sector of t he North Sea , which started producing at the end of 2014 and the beginning of 2015 , were made in the second half of 2011. Redirection of investment away from exploration towards currently producing fields has also help ed maintain or grow production levels in other non

- OPEC countries. This strategy has helped maintain production levels in the short term, but likely will result in lower future production in areas that depend on continued exploration successes for output growth.
Production growth in Canada is expected to average 0.1 million b/d in both 2015 and 2016 , levels that are 0.1 million b/d and 0.2 million b/d , respectively, lower than in last month’s forecast. The reduction in forecast growth in Canada reflects persistently low oil prices resultin g in announced delays or cance l lat ions of projects previously scheduled to come online during the forecast period , including Shell’s October announcement c anceling the 80,000 b/d Cam ron Creek project. However, some oil sands projects continue as planned, including the Imperial Oil and Cenovus oil sands projects scheduled to come online by the end of 2016.
Unplanned supply disruptions among non

- OPEC producers averaged almost 0. 7 million b/d in October , a decrease of 0.2 million b/d fro m the previous month . The Syncrude oil sands development in northern Alberta returned to operation after an August fire damaged processing unit equipment. In early November, in what appears to be a widespread industrial action, Brazilian oil workers began striking, which caused more than 0. 3 million b/d to be shut in during the first week of the month. At the time of writing, Petrobras and a number of workers unions involved in the industrial action have failed to come to an agreement to end the strike.

OPEC Petrole um and Other Liquids Supply . EIA estimates that OPEC crude oil production averaged 30.1 million b/d in 2014, relatively unchanged from the previous year. Crude oil production declines in Libya, Angola, Algeria, and Kuwait offset production growth in Iraq and Iran

. EIA forecasts OPEC crude oil production to increase by 0. 9 million b/d in 2015 , led by production increases in Iraq. Forecast OPEC crude oil production in crease s by 0. 2 million b/d in 2016 , with Iran forecast to increase production once international sanctions targetin g its oil sector are suspended. Under the JCPOA between the P5+1 and Iran that was announced on July 14, s anctions relief is contingent on verification by the International Atomic Energy Agency (IAEA) that Iran has complied with key nuclear

- related steps.
While much uncertainty remains as to the ti ming of sanctions re lief, EIA assumes its implementation occur s in the second quarter of 2016, clearing the way to eas e the sanctions at

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# that time

. As a result , EIA forecasts Iranian crude oil supplies will increase by more than 0. 2 million b/d on average in 2016, reaching ro ughly 3.3 million b/d by the end of the year.

Some OPEC member countries will see production declines in the near term. Saudi Arabia’s production is expected to respond to lower direct crude burn for electric power generation as seasonal power demand abates. Also, there is considerable uncertainty regardi ng Iraq's ability to sustain its higher production and export levels, particularly in light of budgetary constraints that ha ve prompted the Iraqi government to request international oil companies operating in the south to reduce spending plans next year

.
O PEC noncrude liquids production, which averaged 6.3 million b/d in 2014, is expected to increase by 0.2 million b/d in 2015 and by 0.3 million b/d in 2016, led by production increases in Iran, Qatar, and Kuwait.

In October , unplanned crude oil supply disruptions among OPEC producers averaged 2.9 million b/d, more than 0.2 million b/d above the previous month

. In Iraq, bad weather in the Basra Gulf caused southern exports to decrease by 0.3 million b/d. The disruption in Ira q was partially offset by a less than 0.1 million b/d increase to Libya’s production. In Libya, the brief reopening of the Zueitina export terminal allowed some production to restart in October, but the port was shut down again in the beginning of November

. Kuwait and Saudi Arabia continue to have a total of 0.5 million b/d disrupted at the Wafra and Khafji fields in the Neutral Zone that straddles the two countries.
EIA’s estimates of unplanned production outages are calculated as the difference between

e stimated effective production capacity ( the level of supply that could be available within one year ) and estimated production. EIA lowered its historical estimates of unplanned OP EC crude oil supply disruptions in 2015, as Libya's crude oil production capacity was lowered by 150,000 b/d to 1.4 million b/d

. The change reflect s the extensive damage at oil fields in the Sirte Basin caused by militant groups.
EIA expects OPEC surplus crude oil pr oduction capacity to average 1. 5 million b/d in 2015 and 2. 0 million b/d in 2016, after averaging 2.0 million b/d in 2014 . EIA estimates that Iran’s crude oil production capacity is 3.6 million b/d, which is 0.8 million b/d higher than its curr ent estimated production level. EIA currently categorizes that 0.8 million b/d as a disruption because Iran’s production is restricted by sanctions that affect the country’s ability to sell its oil. However, if sanctions are lifted next year, any differenc e between its crude oil production capacity and its crude oil production level would henceforth be considered surplus capacity.
Surplus capacity is typically an indicator of market conditions, and surplus capacity below 2.5 million b/d indicates a relative ly tight oil market, but the high current and forecast levels of global inventory builds make the projected low surplus capacity level in 2015 less significant.

OECD Petroleum Inventories . EIA estimates that OECD commercial crude oil and other liquids inve ntories totaled 2. 70 billion barrels at the end of 2014, equivalent to roughly 5 9 days of

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# consumption. Forecast OECD inventories rise to 2.9 5 billion barrels at the end of 2015 and then to 2.9 8 billion barrels at the end of 2016.

Crude Oil Prices. Brent c rude oil spot prices increased by $1/b in October to a monthly average of $4 8 /b. Although oil price volatility declined during October, it remained elevated compared with 201 3

- 14 levels , as Brent spot prices chang ed by at least 3% on f our different trading days during the month.
Continuing increases in global liquids inventories have put significant downward pressure on prices in 2015 . Inventories rose by an estimated 1. 8 million b/d through the first t hree quarter s of 2015, compared with an average build of 0. 5 million b/d over the same period in 2014

. G lobal liquid fuels inventory builds are expected to slow to an average 1. 2 million b/d in the fourth quarter of 2015, an d then slow further to an average of 0. 4 million b/d in 2016.
The monthly average WTI crude oil spot price averaged $ 46 /b in October

. October WTI prices

were up slightly from the average in September, as end

- of

- October crude oil inventories at the Cushin g, Oklahoma, storage hub were relatively unchanged from levels a month earlier despite heavy refinery maintenance that reduced crude oil flow s into Midwest refineries

. EIA forecasts that Brent crude oil prices will average $54/b in 2015 and $56/b in 2016. The 2015 forecast price is unchanged from last month’s STEO , and the 2016 forecast price is $2/b lower

. Forecast WTI crude oil prices average $4/b lower than the Brent price in 2015 and $5/b lower in 2016.

EIA’s crude oil price forecast remains subject t o significant uncertainties as the oil market moves toward balance. During this period of price discovery, oil prices could continue to experience periods of heightened volatility. The oil market faces many uncertainties heading into 2016 , including the pace and volume at which Iranian oil reenters the market, the strength of oil consumption growth, and the responsiveness of non

- OPEC production to low oil prices.
The current values of futures and options contracts continue to suggest high uncertainty in the price outlook ( Market Prices and Uncertainty Report ). WTI futures contracts for February 2016 delivery, traded du ring the five

- day period ending November 5 , averaged $4 8 /b, while implied volatility averaged 3 8 %. These levels established the lower and upper limits of the 95% confidence interval for the market's expectations of monthly average WTI prices in February 2016 at $ 35/b and $66 /b, respectively. The 95% confide nce interval for market expectations widens over time, with lower and upper limits of $2 8/b and $95 /b for prices in December 2016. Last year at this time, WTI for February 201 5 delivery averaged $ 79 /b, and implied volatility averaged 28 %. The corresponding lower and upper limits of the 95% confidence interval were $63 /b and $99 /b.


# U.S. Petroleum and Other Liquids
Monthly data show gasoline consumption in the United States increased by 2.7 % during the first eight months of 2015 compared with same period in 2 014. U.S. gasoline consumption growth

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# reflects strong increases in employment and lower gasoline prices. Growing domestic consumption and strong gasoline consumption growth globally contributed to high refinery wholesale gasoline margins (the difference between the wholesale price of gasoline and the price of Brent crude oil ) for most of 2015. Average wholesale gasoline margins reached a high of 73 cents/gal in August, which was the highest monthly average since May 2007. Margins returned closer to typical seasonal levels in October. Wh olesale gasoline margins averaged 31 cents/gal in October , d own 13 cents/gal from the level in September and 5 cents/gal above the October 2014 level

. In October, r egular gasoline retail prices fell across all regions except in PADD 2 (Midwest), where high levels of planned and unplanned refinery outages reduced gasoline supplies. U .S. average regular gasoline retail prices fell from $2.37/gal in September to $2.29/gal in October. Monthly average regional gasoline r etail prices ranged from a low of $2. 01 /gal in PADD 3 ( Gulf Coast ) to a high of $ 2.73 /gal in PADD 5 (West Coast) . EIA expects gasoline prices to fall from current levels, with the U.S. regular gasoline price averaging $2. 0 6 /gal in December 2015.
Liquid Fue ls Consumption. Total U.S. liquid fuels consumption is projected to increase by 330,000 b/d (1. 7 %) in 2015, up from an increase of 140,000 b/d (0.8%) last year. U.S. consumption has been stimulated by continuing employment and economic growth and lower petroleum product prices. Total liquid fuels consumption growth in 2016 is forecast to be 1 20,000 b/d (0.6 %).
Consumption growth in 2015 is led by motor gasoline, which is forecast to increa se by 190,000 b/d (2.1%) to an average of 9.1 million b/d in 2015, the highest level since the record of 9.3 million b/d in 2007. Although total nonfarm employment and total highway travel have increased by 2.9% and 3. 5 %, respectively, over the past eight years, improving vehicle fuel economy continues to keep gasoline consumption below its previous peak. Gasoline consumption growth is forecast to slow to 20,000 b/d (0.2%) in 2016, as a long

- term trend toward vehicles th at are more fuel

- efficient continues to offset the effect s of economic and population growth on highway travel. Jet fuel consumption, which grew by 40,000 b/d in 2014, is forecast to rise by 60,000 b/d (3. 9 %) in 2015. Forecast jet fuel consumption is rough ly flat in 2016, with improvement in average airline fleet fuel economy offsetting growth in freight and passenger travel.
Consumption of distillate fuel, which includes diesel fuel and heating oil, is forecast to fall by 30,000 b/d (0.7%) in 2015 and incr ease by 6 0,000 b/d (1.4%) in 2016. The 2016 growth is driven by increas es in manufacturing output, foreign trade, and marine fuel use. Hydrocarbon gas liquids (HGL) consumption, which fell by 50,000 b/d (1.9%) in 2014, is projected to increase by 70,000 b/ d in 2015 and 4 0,000 b/d in 2016, as new petrochemical plant capacity increases the use of HGL as a feedstock. New HGL export terminal capacity contributes to an increase in HGL net exports from an average of 560,000 b/d in 2014 to 1. 2 million b/d in 2016.

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# Liquid Fuels Supply. U.S. crude oil production is projected to increase from an average of 8.7 million b/d in 2014 to 9. 3 million b/d in 2015 and then decr ease to 8.8 million b/d in 2016. Forecast crude oil production in 2016 is 0.1 million b/d lower than in last month’s STEO. Lower forecast production reflects lower crude oil prices and rig counts in 2016 than projected in last month’s STEO

. According to t he latest survey
- based reporting of monthly crude oil production estimates, U.S. production averaged 9. 4 million b/d through the first eight months of 2015. This level is 0. 1 million b/d higher than the average production during the fourth quarter of 2014, despite a more than 60% decline in the total U.S. oil

- directed rig count since October 2014

. However, monthly crude oil production started to decrease in the second quarter of 2015, led by Lower 48 onshore production. From March 2015 through October 2015 , Lower 48 onshore output has fallen fro m more than 7.6 million b/d to about 7. 1 million b/d.
EIA estimates total crude oil production has declined almost 0.5 million b/d sin ce April, averaging 9.1 million b/d in October. EIA expects U.S. crude oil production declines to continue through September 2016, when total production is forecast to average 8. 5 million b/d. This level of production would be almost 1.1 million b/d less t han the 2015 peak reached in April. Forecast production begins increa sing in late 2016, returning to an average of 8.8 million b/d in the fourth quarter.
Expected crude oil production declines through September 2016 are largely attributable to unattractiv e economic returns in some areas of both emerging and mature onshore oil production regions, as well as seasonal factors such as anticipated hurricane

- related production disruptions in the Gulf of Mexico. Reductions in 2015 cash flows and capital expenditu res have prompted companies to defer or redirect investment away from marginal exploration and research drilling to focus on core areas of major tight oil plays. Reduced investment has resulted in the lowest count of oil

- directed rigs in about five years a nd in well completions that are si gnificantly behind 2014 levels.
Oil prices, particularly in the second quarter of 2015, remained high enough to support continued development al drilling in the core areas within the Bakken, Eagle Ford, Niobrara, and Perm ian formations , with July and August showing the first consecutive month

- to

- month increase s in the oil

- directed rig count since September and October 2014. However , with WTI prices below $50/b since August, oil

- directed ri g counts have resumed declining

. P rojected oil prices below $60/b throughout the forecast period are expected to limit onshore drilling activity and well completion totals, despite continued increases in rig and well productivity and falling drilling and completion costs. The forecast rema ins sensitive to actual wellhead prices and rapidly changing drilling economics that vary across regions and operators.
While projected oil production in the Gulf of Mexico rises during the forecast period, oil production in Alaska falls. Production in these areas is less sensitive to short

- term price movements than onshore production in the Lower 48 states and reflects anticipated growth from new projects in the Gulf of Mexico and declines from legacy fields in Alaska

. Twelve

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# projects are scheduled to c ome online in the Gulf of Mexico in 2015 and 2016, pushing up production from an average of 1.4 million b/d in the fourth quarter of 2014 to 1. 6 million b/d in the fourth quarter of 2016. I t is possible some projects might begin later than expected, shifting some of the anticipated production gains from late 2016 into early 2017.
HGL production at natural gas processing plants reached 3.3 2 million b/d in August 2015, and it is projected to average 3.2 8 million b/d in 2015 and 3. 5 6 million b/d in 2016. EIA expects higher ethane recovery rates in 2016 following planned increases in petrochemical plant feedstock demand in the United States and abroad. New terminals and expansions and a growing ship fleet are expected to allow higher quantities of domestic ally produced ethane, propane, and butanes to r each international market s

. Forecast n et HGL exports average 1. 2 million b/d in 2016

. Petroleum Product Prices. N arrowing wholesale gasoline margins contributed to U.S. regular gasoline retail price s declining to an average of $2.29/gal in October , down from an average of $2.60/gal in the third quarter

. EIA expects monthly average gasoline prices to continue declin ing in the coming months as refineries continue to produce high levels of gasoline and as the mark et transitions to lower

- cost , winter

- grade gasoline. EIA projects regular gasoline retail prices to average $2. 1 8 /gal in the fourth quarter of 2015

. The U.S. regular gasoline retail price, which averaged $3.36/gal in 2014, is projected to average $2. 43 /gal in 2015 and $2. 3 3/gal in 2016. The 2016 forecast price is 5 cent s /gal lowe r than in the October STEO

. The diesel fuel retail price, which averaged $3.83/gal in 2014, is projected to average $2.7 2/gal in 2015 and $2. 7 0 /gal in 2016.
Lower projected crude oil prices this winter compared with last winter contribute to a reduction in the forecast residential heating oil price and average household heating oil expenditures this winter. The average household that uses heating oil as its pr imary space heating fuel is expected to pay an average of $2.5 0 /gal this winter, 5 4 cents /gal lower than last winter. The average household is now expected to spend $1,3 60 for heating oil this winte r, $4 93 less than last winter. The reduction in expenditur es also reflects lower forecast consumption because of warmer forecast temperatures this winter compared with last winter.
Propane prices this winter are expected to be 4% lower in the Northeast and 12% lower in the Midwest, contributing to households spen ding 14% and 20% less on propane in those regions, respectively. 

# Natural Gas
Working natural gas inventories for the week ending October 30 reached 3,929 Bcf , which matched the previous record high set on November 2, 2012 , according to EIA’s Weekly Natural Gas Storage Report

. Although the storage injection season is commonly considered to end on October 31, b uilds often continue into November, and it is possible inventories could reach 4 trillion cubic feet in the coming weeks. Looking ahead to March 2016, EIA projects inventories

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# will end the winter at 1,8 62 Bcf, reflecting a slightly lower

- than

- average overall winter drawdown based o n projections for warmer

- than

- normal temperatures.
Strong inventory builds, continuing production growth, and expectations for warm winter temperatures contributed to natural gas prices reaching three

- year lows , as Henry Hub spot prices fell below $2/MMBt u on October 30 for the first time since April 2012.
Based on lower expected residential natural gas prices than last winter and a forecast of warmer temperatures across much of the United States, EIA expects household heating expenditures for

consumers using natural gas as their primary space heating fuel to average about 1 3 % lower this winter compared with last winter.
Natural Gas Consumption. EIA's forecast of U.S. total natur al gas consumption averages 76. 3 Bcf/day ( Bcf/d ) in 2015 and 76.8 Bcf/d in 20 16 , compared with 73. 1 Bcf/d in 2014. EIA projects natural gas consumption in the power sector to increase by 16

. 8 % in 2015 and then to decrease by 1. 2 % in 2016. N atural gas spot prices , which are expected to remain below $3/ MMBtu through m id

- 2016, support high consumption of natural g as for electricity generation in 2015 and 2016 . Industrial sector consumption of natural gas remains flat in 2015 and increases by 4. 2 % in 2016, as new industrial projects, particularly in the fertilizer and chemicals s ectors, come online in the next few months . Natural gas consumption in the residential and commercial sectors is projected to decline in both 2015 and 2016 , which largely reflect s lower heating demand this winter compared with last winter.

Natural Gas Pro duction and Trade. In Augus t , total marketed production hit a record high of 81.3 Bcf/d. EIA expects that marketed natural gas production will increase by 4.7 Bcf/d (6.3%) and by 1. 6 Bcf/d (2.0 %) in 2015 and 2016, respectively. Increases in drilling effici ency will continue to support growing natural gas production in the forecast despite low natural gas prices and declining rig activity . Most of the growth is expected to come from the Marcellus Shale , as the backlog of uncompleted wells is reduced and as n ew pipelines come online to deliver Marcellus natural gas to markets in the Northeast.
Increases in domestic natural gas production are expected to reduce demand for natural gas imports from Canada and to support growth in exports to Mexico. In August , na tural gas net imports fell to 2.2 Bcf/d, the lowest monthly level since 1987

. EIA expects natural gas exports to Mexico, particularly from the Eagle Ford Shale in South Texas, to increase because of growing demand from Mexico's electric power sector couple d with flat natural gas production in Mexico

. EIA projects LNG gross exports will increase to an average of 0. 7 Bcf/d in 2016, with the startup of Cheniere ’s Sabine Pass LNG liquefaction plant in the Lower 48 states planned for early 2016

. Natural Gas Inventories. On October 30 , natural g as working inventories totaled 3 , 929 Bcf, 371 Bcf ( 1 0 %) above the level at the same time in 2014 and 147 Bcf ( 4 %) above the five

- year average for that week. Forecast end

- of

- M arch 2016 inventories are 1,862 Bcf, which wo uld be 24 0 Bcf above the five

- year average.

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# Natural Gas Prices. The Henry Hub natural gas spot price averaged $2. 34 / MMBtu in October , a decrease of 32 cents/MMBtu from the September price. Warm weather at the end of October , strong inventory builds, contin uing production growth, and expectations for a warm winter contributed to spot prices falling to three

- year lows in recent weeks. M onthly average Henry Hub spot prices are forecast to remain lower than $3/MMBtu through Ju ne 2016 , and lower than $ 3.50 /MMBtu through the r est of the forecast. The projected Henry Hub natural gas price averages $2. 69 /MMBtu in 2015 and $3. 00 /MMBtu in 2016

. Natural gas futures contracts for Febr uary 2016 delivery traded during the five

- day period ending November 5 averaged $2. 50 / MMBtu. Current options and futures prices imply market participants place the lower and upper bounds for the 95% confidence interval for Februa ry 2016 contracts at $ 1. 60/MMBtu and $3.92 /MMBtu, respectively. At this time in 2014 , the natural gas futures con tract for February 2015 delivery averaged $ 4.19 /MMBtu , and the corresponding lower and upper limits of the 95% confidence interval were $2. 7 6 /MMBtu and $ 6.38 /MMBtu , respectively

. 

# Coal
Coal Supply. Forecast U.S. coal production in 2015 decline s by 92 million short tons (MMst) ( 9%)

. Forecast production decreases in all coal

- producing regions , with the largest percentage decrease occurring in the Appalachian region (12%). Interior region production, which includes the Illinois Basin, is expected t o decline by 7%, the first annual decline since 2009, while Western region production is expected to fall by 8%, dropping below 500 MMst for the fi rst time since 1998 . U.S. coal p roduction is expected to de crease by an additional 2 7 MMst (3% ) in 2016 , but Interior region production is projected to grow by nearly 3% , reflecting competitive advantages compared with other coal

- producing regions . These factors includ e the higher heat content of the coal, closer proximity to major markets than coal produced in t he Western region, and lower mining costs than Appalachian

- produced coal.
Electric power sector coal stockpiles were 1 58 MMst in August , a 1 % de crease from July

. This decrease in coal stockpiles follows the normal seasonal pattern of coal stockpiles fall i ng during the summer months. Despite this decrease, coal stockpiles are still relatively high because of the loss in market share to natural gas for power generation. August c oal inventories averaged 145 MMst durin g the previous 10 years (2005

- 14).

Coal Consumption. EIA forecasts total coal consumption to decrease by 9% in 2015, mainly as a result of a 9% drop in electric power sector consumption . Lower natural gas prices are the key factor driving the decrease in coal consumption. L ow natural gas prices make it more economic to increase utilization at natural gas

- fired generating units and to decrease utilization at coal units . The retirements of coal

- fired power plants , stemming from both increased competition with natural gas generation and the implemen tation of the Mercury and Air Toxics Standards (MATS) , also reduce coal

- fired capacity in the power sector in 2015, but the full effect will not be evident until 2016.

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# H igher forecast natura l gas prices in 2016 are expected to contribute to higher utilization rates among the remaining coal

- fired power plants , which partially offset s the effect of coal

- plant retirements

. C oal consumption in the electric power sector is forecast to remain relatively unchanged in 2016.

Coal Trade. Slower growth in world coal demand and lower international coal prices have contributed to a decline in U.S. coal exports. L ower mining costs, cheaper transportation costs, and favorable exchange rates will continue to provide an advantage to mines in o ther major coal

- exporting countries compared with U.S. producers. Coal exports for the first eight months of 2015 are down 2 1 % compared with the same period in 2014

. Forecast coal exports fall by 18 MMst (19%) to 79 MMst in 2015, and then decrease by another 7 MMst (9%) in 2016 as the current global coal market trends continue

. Forecast U.S. coal imports, which increased by 2 MMst in 2014 to more than 11 MMst, stay near that level in 2015 and 2016.

Coal Prices. The annual average coal price to the electric power sector averaged $2.36/MMBtu in 2014. EIA expects the delivered coal price to average $2.2 5 /MMBtu in 2015 and to increase by one cent to average $2.26/MMBtu in 2016. 

# Electricity
Power plant operators have announced the retirement of more than 2 ,000 megawatts (MW) of nuclear generating capacity by 2020 (equal to 2 % of current U.S. capacity). These planned retireme nts are in addition to the five nuclear reactors (totaling more than 4 ,000 MW of capacity) that have shut down over the past four years

. The most recent retirement was the Vermont Yan kee plant (604 MW) last December. None of these planned retirements is ex pected to occur before the end of 2016, which is the forecast horizon for the current STEO. Five new reactors are currently under construction and are expected to add more than 5,0 00 MW of new capacity by 2020. Watts Bar Unit 2 has received its operating l icense and anticipates beginning commercial operation next year.
Electricity Consumption

. U.S. heating degree days are expected to be about 8% l ower this winter com pared with the winter of 2014

- 15. The milder winter weather is expected in most areas of the eastern United States, inc luding the southern states, where a majority of households use electric heat pumps for primary space heating. The reduced need for heating contributes to EIA’s forecast of a 1. 6 % decline in winter retail sales of electricity to t he residential sector. For the full year, EIA projects r esidential electricity sales will fall by 0.3 % in 201 6 after growing 1.1% this year.
Electricity Generation. Natural gas prices continue to fall, with the Henry Hub price in October

a veraging $2.3 4 / MMBtu compared wit h $3.78/MMBtu in October 2014. F alling natural gas prices have led EIA to raise its forecast of natural gas generation from last mont h’s STEO. Electricity generation fueled by natural ga s is now expected to grow by 1 7 % in 2015

. Although

n atural gas prices are expected to increase slightly in 2016, EIA does not expect power generators will significantly switch back fro m natural gas to coal next year, as forecast natural gas prices remain very low compared with recent years. G eneration from both natural gas and

### U.S. Energy Information Administration | Short

- Term Energy Outlook November 2015 12



# coal are expected to decline in 2016, by 1. 3% and 0.3 %, respectively, while generation from hydropower and other renewables rises.
Electricity Retail Prices. The U.S. retail price of electricity to the residential sec tor is projected to average 12.6 cents per kilowatthour in 2015, 0.5 % higher than the average price last year. The largest price increases are projected to be in New England, where residential electricity prices are forecast to increase by 8.4% in 2015, as electricity dis tribution companies recover higher generation and power purchase costs incurred during 2014. However, wholesale power prices in New England have been relatively low this year, and utilities in New England have been lowering retail prices in the past few mo nths from their peak in March and April.


# Renewables and Carbon Dioxide Emissions
Electricity and Heat Generation from Renewables. EIA expects total renewables used in the electric power sector to decrease by 2. 0 % in 2015. H ydropower generation is forecast to decrease by 8. 6 %, and nonhydropower renewable power generation is forecast to increase by 4.4 %. The 2015 decrease in hydropower generation reflects the effects of the California drought

. Forecast hydropower generation in the electric power sector increase s by 7.0 % in 2016.
EIA expects continued growth in utility

- scale solar power generation, which is projected to average 90 gigawat thours per day (GWh/d) in 2016. Because the growth is from a small base, utility

- scale solar power averages 0.8% of total U.S. electricity generation in 2016. Although solar growth has historically been concentrated in customer

- sited distributed generation installations (roofto p panels), EIA expects utility

- scale solar capacity will increase by 118 % (1 2 GW) between the end of 2014 and the end of 2016, with 4.6 GW of new capacity being built in California. Other leading states in utility

- scale solar capacity include North Carolin a and Nevada, which, combined with C alifornia, account for about two

- thirds of the projected utility

- scale capacity additions for 2015 and 2016.
Wind capacity, which starts from a significantly larger installed capacity base than solar, grew by 8% in 201 4 , and is forecast to increase by 13 % in 2015 and 14% in 2016

. Liquid Biofuels. On May 29, the U.S. Environmental Protection Agency (EPA) proposed a rule setting Renewable Fuel Standard (RFS) volumes for 2014 through 2016. Although these volumes could be m odified before the final rule is issued, the proposed rules are used to develop the current STEO forecast . Ethanol production, which averaged 93 4 ,000 b/d in 2014, is forecast to average more than 950,000 b/d in both 2015 and 2016. Ethanol consumption, whic h averaged 87 7 ,000 b/d in 20 14, is forecast to average slightly more than 900 ,000 b/d in both 2015 and 2016, resulting in an average 9.9% ethanol share of the total gasoline pool . EIA does not expect significant increases in E15 or E85 consumption over the forecast period.
EIA expects the largest effect of the proposed RFS targets will be on biodiesel consumption, which contributes to meeting the biomass

- based diesel, advanced biofuel, and total renewable fuel RFS targets. Biodiesel production averaged 8 3 , 000 b/d in 2014 and is forecast to average

### U.S. Energy Information Administration | Short

- Term Energy Outlook November 2015 13



# 9 1 ,000 b/d in 2015 and 98,000 b/d in 2016. Net imports of biomass

- based diesel are also expected to increase from 1 5,000 b/d in 2014 to 2 6 ,000 b/d in 2015, and to 35,000 b/d in 2016.
Energy

- Related Carbon Dioxide Emissions. EIA estimates that emissions of CO2 grew by 0.9 % in 2014. Emissions are projected to fall by 0. 9 % in 2015 and then increase by 0. 3 % in 2016. These forecasts are sensitive to assumptions about weather and economic growth

. 

# U.S. Econom ic Assumpti ons

Recent Economic Indicators

. The Bureau of Economic Analysis reported that real GDP increased at an annual rate of 1.5 % in the third quarter of 2015 , following growth of 3.9 % in the second quarter. The increase in real GDP in the third quarter reflected positive contributions from personal consumptio n expenditures , state and local government spending, and fixed investment

. The primary negative contribution was a decrease in private inventory investment

. EIA used the October 2015 version of the IHS macroeconomic model with EIA's energy price forecasts as model inputs to develop the economic projections in the STEO.
Production, Income, and Employment. Forecast real GDP growth r eaches 2

. 5 % in 2015 and 2.7% in 2016

— the same as forecast last month for 2015, but above the 2.5% forecast last month for 2016. Rea l disposable income grows by 3.3 % in 2015 and by 3.1 % in 2016. Total industrial production grows at 1.4 % in 2015 and 1.8% in 2016. Projected growth in nonfarm employme nt averages 2.1% in 2015 and 1.4 % in 2016.
Expenditures. Forecast private real fixed investment growth averages 4.7 % and 7.1 % in 2015 and 2016, respectively

. Real consumption expenditures gr ow faster than real GDP , at 3.2 % in 2015 and at 3 .0 % in 2016

. Durable goods expenditures drive cons umption spending in both years. Export growth is 1.7 % and 3.4 % over the same two y ears, while import growth is 5.8 % in 2015 and 5.3% in 2016. Total government expenditures rise 0.7 % in 2015 and 0. 6 % in 2016.

This report was prepared by the U.S. Energy Information Administration (EIA), the statistical and analytical agency within the U.S. Department of Energy. By law, EIA's data, analyses, and forecasts are independent of approval by any other officer or employ ee of the United States Government. The views in this report therefore should not be construed as representing those of the U.S. Department of Energy or other f ederal agencies.

# Chart Gallery for November 2015 

# Short-Term Energy Outlook U.S. Energy Information Administration Independent Statistics & Analysis

0 20 40 60 80 100 120 140 160 180 200 220

Jan 2014 Jul 2014 Jan 2015 Jul 2015 Jan 2016 Jul 2016 

## West Texas Intermediate (WTI) Crude Oil Price dollars per barrel

Historical spot price STEO price forecast NYMEX futures price 95% NYMEX futures upper confidence interval 95% NYMEX futures lower confidence interval

Source: Short-Term Energy Outlook, November 2015. Note: Confidence interval derived from options market information for the 5 trading days ending Nov. 5, 2015. Intervals not calculated for months with sparse trading in near-the-money options contracts.

Forecast

0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00 4.50 5.00

Jan 2011 Jan 2012 Jan 2013 Jan 2014 Jan 2015 Jan 2016 

## U.S. Gasoline and Crude Oil Prices dollars per gallon Price difference Retail regular gasoline Crude oil

Source: Short-Term Energy Outlook, November 2015.

Crude oil price is composite refiner acquisition cost. Retail prices include state and federal taxes.Forecast

0.00 0.50 1.00 1.50 2.00 2.50 3.00 3.50 4.00 4.50 5.00

Jan 2011 Jan 2012 Jan 2013 Jan 2014 Jan 2015 Jan 2016 

## U.S. Diesel Fuel and Crude Oil Prices dollars per gallon Price difference Retail diesel fuel Crude oil

Source: Short-Term Energy Outlook, November 2015.

Crude oil price is composite refiner acquisition cost. Retail prices include state and federal taxes.

0 2 4 6 8 10 12

Jan 2014 Jul 2014 Jan 2015 Jul 2015 Jan 2016 Jul 2016 

## Henry Hub Natural Gas Price dollars per million Btu

Historical spot price STEO forecast price NYMEX futures price 95% NYMEX futures upper confidence interval 95% NYMEX futures lower confidence interval

Source: Short-Term Energy Outlook, November 2015. Note: Confidence interval derived from options market information for the 5 trading days ending Nov. 5, 2015. Intervals not calculated for months with sparse trading in near-the-money options contracts.

Forecast

0 2 4 6 8 10 12 14 16 18 20

Jan 2011 Jan 2012 Jan 2013 Jan 2014 Jan 2015 Jan 2016 

## U.S. Natural Gas Prices dollars per thousand cubic feet Residential price Henry Hub spot price

Source: Short-Term Energy Outlook, November 2015.Forecast

-3 -2 -1 0 1 2 3 4 5 6

82 84 86 88 90 92 94 96 98 100

2010-Q1 2011-Q1 2012-Q1 2013-Q1 2014-Q1 2015-Q1 2016-Q1 

## World Liquid Fuels Production and Consumption Balance million barrels per day (MMb/d)
Implied stock change and balance (right axis) World production (left axis) World consumption (left axis)

Source: Short-Term Energy Outlook, November 2015. 

### MMb/d

0.0 0.5 1.0 1.5 2.0 2.5 3.0

Jan 2012 Jul 2012 Jan 2013 Jul 2013 Jan 2014 Jul 2014 Jan 2015 Jul 2015 

## Estimated Historical Unplanned OPEC Crude Oil Production Outages million barrels per day
Saudi Arabia Kuwait Iraq Nigeria Libya Iran

Source: Short-Term Energy Outlook, November 2015.

0.0 0.2 0.4 0.6 0.8 1.0 1.2 1.4

Jan 2012 Jan 2013 Jan 2014 Jan 2015 

## Estimated Historical Unplanned Non-OPEC Liquid Fuels Production Outages million barrels per day Other United States Mexico Canada Sudan / S. Sudan Colombia Brazil North Sea Yemen China Syria

Source: Short-Term Energy Outlook, November 2015.Forecast

-2 -1 0 1 2 3 4 5 6 7 8 9

76 78 80 82 84 86 88 90 92 94 96 98

2008 2009 2010 2011 2012 2013 2014 2015 2016 

## World Liquid Fuels Consumption million barrels per day (MMb/d) Change in U.S. consumption (right axis) Change in China consumption (right axis) Change in other consumption (right axis) Total world consumption (left axis) 

### annual change (MMb/d)

Source: Short-Term Energy Outlook, November 2015.

-0.4 -0.2 0.0 0.2 0.4 0.6 0.8 1.0

2014 2015 2016 

## World Liquid Fuels Consumption Growth million barrels per day

OECD* Non-OECD Asia Former Soviet Union Other

Source: Short-Term Energy Outlook, November 2015. * Countries belonging to the Organization for Economic Cooperation and Development Forecast

-0.5 0.0 0.5 1.0 1.5 2.0 2.5

2014 2015 2016 OPEC countries North America Russia and Caspian Sea Latin America North Sea Other Non-OPEC 

## World Crude Oil and Liquid Fuels Production Growth million barrels per day

Source: Short-Term Energy Outlook, November 2015. Forecast-0.5 0.0 0.5 1.0 1.5 2.0 2.5 3.0United StatesBrazilCanadaChinaMalaysiaRussiaKazakhstanOmanSudan/S. SudanAustraliaIndiaColombiaVietnamAzerbaijanOther North SeaEgyptNorwayGabonSyriaUnited KingdomMexico 2016 2015 2014 

## Non-OPEC Crude Oil and Liquid Fuels Production Growth million barrels per day

Source: Short-Term Energy Outlook, November 2015.

Forecast

-100 -80 -60 -40 -20 0 20 40 60 80

2012-Q1 2013-Q1 2014-Q1 2015-Q1 2016-Q1 -1 0 1 2 3 4 5 6 7 8 World oil consumption growth (left axis) Non-OPEC production growth (left axis) Change in WTI price (right axis) 

## World Consumption and No n-OPEC Production Growth million barrels per day dollars per barrel

Source: Short-Term Energy Outlook, November 2015.

0 1 2 3 4 5 6

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 

## OPEC surplus crude oil production capacity million barrels per day

Source: Short-Term Energy Outlook, November 2015. Note: Shaded area represents 2004-2014 average (2.2 million barrels per day). ForecastForecast

45 50 55 60 65 70

Jan 2010 Jan 2011 Jan 2012 Jan 2013 Jan 2014 Jan 2015 Jan 2016 

## OECD Commercial Stocks of Crude Oil and Other Liquids (days of supply)

Source: Short-Term Energy Outlook, November 2015. Note: Colored band around days of supply of crude oil and other liquids stocks represents the range between the minimum and maximum from Jan. 2010 - Dec. 2014.

-0.6 -0.4 -0.2 0.0 0.2 0.4 0.6 0.8 1.0 1.2 1.4 1.6

2013 2014 2015 2016 6 7 8 9 10 11 12 13 14 15 16 17 

## U.S. Crude Oil and Li quid Fuels Production million barrels per day (MMb/d)

Crude oil (right axis) Natural gas plant liquids (right axis) Fuel ethanol (right axis) Biodiesel (right axis) Total production (left axis) Production forecast (left axis) 

### annual change (MMb/d)

Source: Short-Term Energy Outlook, November 2015.

Forecast

275 300 325 350 375 400 425 450 475 500 525

Jan 2010 Jan 2011 Jan 2012 Jan 2013 Jan 2014 Jan 2015 Jan 2016 

## U.S. Commercial Crude Oil Stocks million barrels

Source: Short-Term Energy Outlook, November 2015. Note: Colored band around storage levels represents the range between the minimum and maximum from Jan. 2010 - Dec. 2014.-0.30 -0.15 0.00 0.15 0.30 0.45 0.60 0.75 0.90

2013 2014 2015 2016 17.0 17.5 18.0 18.5 19.0 19.5 20.0 20.5 21.0 

## U.S. Liquid Fuels Product Supplied million barrels per day (MMb/d)

Motor gasoline (right axis) Jet fuel (right axis) Distillate fuel (right axis) Other fuels (right axis) Total product supplied (left axis) Product supplied forecast (left axis) 

### annual change (MMb/d)

Source: Short-Term Energy Outlook, November 2015.

Forecast

60 80 100 120 140 160 180 200 220 240 260

Jan 2010 Jan 2011 Jan 2012 Jan 2013 Jan 2014 Jan 2015 Jan 2016 

## U.S. Gasoline and Distillate Inventories million barrels

Source: Short-Term Energy Outlook, November 2015. Note: Colored bands around storage levels represent the range between the minimum and maximum from Jan. 2010 - Dec. 2014. Total motor gasoline inventory

Total distillate fuel inventory

-3 -2 -1 0 1 2 3 4 5 6 7 8

2013 2014 2015 2016 0 10 20 30 40 50 60 70 80 90 100 110 

## U.S. Natural Gas Consumption billion cubic feet per day (Bcf/d)

Electric power (right axis) Residential and comm. (right axis) Industrial (right axis) Other (right axis) Total consumption (left axis) Consumption forecast (left axis) 

### annual change (Bcf/d)

Source: Short-Term Energy Outlook, November 2015.-2 -1 0 1 2 3 4 5 6 7 8 9

2013 2014 2015 2016 62 64 66 68 70 72 74 76 78 80 82 84 

## U.S. Natural Gas Production and Imports billion cubic feet per day (Bcf/d)

Federal Gulf of Mexico production (right axis) U.S. non-Gulf of Mexico production (right axis) U.S. net imports (right axis) Total marketed production (left axis) Marketed production forecast (left axis) 

### annual change (Bcf/d)

Source: Short-Term Energy Outlook, November 2015.

Forecast

-60% -40% -20% 0% 20% 40% 60% 80% 100% 120%

-4,000 -3,000 -2,000 -1,000 0 1,000 2,000 3,000 4,000 5,000

Jan 2011 Jan 2012 Jan 2013 Jan 2014 Jan 2015 Jan 2016 

## U.S. Working Natural Gas in Storage billion cubic feet

Deviation from average Storage level 

### deviation from average

Source: Short-Term Energy Outlook, November 2015.

Note: Colored band around storage levels represents the range between the minimum and maximum from Jan. 2010 - Dec. 2014.

-80 -60 -40 -20 0 20 40 60 80 100 120

2013 2014 2015 2016 0 10 20 30 40 50 60 70 80 90 100 

## U.S. Coal Consumption million short tons (MMst)

Electric power (right axis) Retail and general industry (right axis) Coke plants (right axis) Total consumption (left axis) Consumption forecast (left axis) 

### annual change (MMst)

Source: Short-Term Energy Outlook, November 2015.-60 -30 0 30 60 90

2013 2014 2015 2016 50 60 70 80 90 100 

## U.S. Coal Production million short tons (MMst)

Western region (right axis) Appalachian region (right axis) Interior region (right axis) Total production (left axis) Production forecast (left axis) 

### annual change (MMst)

Source: Short-Term Energy Outlook, November 2015.

Forecast

0 25 50 75 100 125 150 175 200 225 250

Jan 2007 Jan 2009 Jan 2011 Jan 2013 Jan 2015 

## U.S. Electric Power Coal Stocks million short tons

Source: Short-Term Energy Outlook, November 2015.

Note: Colored band around stock levels represents the range between the minimum and maximum from Jan. 2007 - Dec. 2014.

-150 -100 -50 0 50 100 150 200

2013 2014 2015 2016 0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 

## U.S. Electricity Consumption million kilowatthours per day (kWh/d)

Residential (right axis) Commercial and transportation (right axis) Industrial (right axis) Direct use (right axis) Total consumption (left axis) Consumption forecast (left axis) 

### annual change (million kWh/d)

Source: Short-Term Energy Outlook, November 2015.2.6% 5.4% 10.3%

2.4% 5.7%

2.2% 0.2% 1.6% 1.4% 2.1% 3.1% 0.5% 0.8%

-3% 0% 3% 6% 9% 12% 15% 18%

2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 0 2 4 6 8 10 12 14 

## U.S. Residential Electricity Price cents per kilowatthour

Annual growth (right axis) Residential electricity price Price forecast Source: Short-Term Energy Outlook, November 2015.

21.6% 21.4% 23.3% 23.9% 24.7% 30.3% 27.7% 27.5% 32.0% 31.5% 48.5% 48.2% 44.4% 44.8% 42.3% 37.4% 38.9% 38.6% 34.6% 34.4% Forecast

0 2,000 4,000 6,000 8,000 10,000 12,000 14,000

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 

## U.S. Electricity Generation by Fuel, All Sectors thousand megawatthours per day

Coal Natural gas Petroleum Nuclear Hydropower Renewables Other sources

Source: Short-Term Energy Outlook, November 2015. Note: Labels show percentage share of total generation provided by coal and natural gas.

Forecast

0 2 4 6 8 10 12

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 

## U.S. Renewable Energy Supply quadrillion British thermal units (Btu)

Solar Geothermal Other biomass Wind power Liquid biofuels Wood biomass Hydropower

Source: Short-Term Energy Outlook, November 2015.

Note: Hydropower excludes pumped storage generation. Liquid biofuels include ethanol and biodiesel. Other biomass includes municipal waste from biogenic sources, landfill gas, and other non-wood waste.Forecast

0% 2% 4% 6% 8% 10% 12%

1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 

## U.S. Annual Energy Expenditures share of gross domestic product

Source: Short-Term Energy Outlook, November 2015.

Forecast

-9% -6% -3% 0% 3% 6%

2013 2014 2015 2016 

## U.S. Energy-Related Carbon Dioxide Emissions annual growth

All fossil fuels Coal Petroleum Natural gas Source: Short-Term Energy Outlook, November 2015.

-10% -5% 0% 5% 10% 15% 20% 25% 30% 35%

70 75 80 85 90 95 100 105 110 115

Jan 2011 Jan 2012 Jan 2013 Jan 2014 Jan 2015 Jan 2016 

## U.S. Total Industrial Production Index index (2007 = 100)
Change from prior year (right axis) Industrial production index (left axis)

Source: Short-Term Energy Outlook, November 2015. 

### change

Forecast-6% -3% 0% 3% 6% 9% 12% 15% 18%

10,000 10,400 10,800 11,200 11,600 12,000 12,400 12,800 13,200

Jan 2011 Jan 2012 Jan 2013 Jan 2014 Jan 2015 Jan 2016 

## U.S. Disposable Income billion 2009 dollars, seasonally adjusted

Change from prior year (right axis) Real disposable income (left axis)

Source: Short-Term Energy Outlook, November 2015. 

### change

0 50 100 150 200 250 300 350 400

April May June July August September 

## U.S. Summer Cooling Degree Days population-weighted

2013 2014 2015 2016

Source: Short-Term Energy Outlook, November 2015. Note: EIA calculations based on from the National Oceanic and Atmospheric Administration data. Horizontal lines indicate each month's prior 10-year average (2006-2015). Projections reflect NOAA's 14-16 month outlook.

0 100 200 300 400 500 600 700 800 900 1000

October November December January February March 

## U.S. Winter Heating Degree Days population-weighted

2012/13 2013/14 2014/15 2015/16

Source: Short-Term Energy Outlook, November 2015. Note: EIA calculations based on National Oceanic and Atmospheric Administration (NOAA) data. Horizontal lines indicate each month's prior 10-year average (Oct 2005 - Mar 2015). Projections reflect NOAA's 14-16 month outlook.

## U.S. Census Regions and Divisions

Source: Short-Term Energy Outlook, November 2015.

### U.S. Energy Information Administration | Short-Term Energy Outlook - November 201 5
08-09 09-10 10-11 11-12 12-13 13-14 14-15 15-16 % Change

Natural Gas Northeast Consumption (Mcf** ) 80.3 75.7 80.7 66.4 76.1 84.1 84.8 75.5 -11.0 Price ($/mcf ) 15.83 13.31 12.66 12.21 11.71 11.53 10.85 11.18 3.0 Expenditures ($) 1,272 1,007 1,022 812 891 970 920 843 -8.3 Midwes t Consumption (Mcf) 80.7 78.6 80.2 65.4 77.6 88.1 83.1 74.4 -10.5 Price ($/mcf ) 11.47 9.44 9.23 8.99 8.36 8.69 8.55 7.79 -8.9 Expenditures ($) 926 742 740 587 648 766 711 580 -18.5 South Consumption (Mcf) 47.3 53.3 49.3 40.9 46.5 52.1 50.5 47.6 -5.8 Price ($/mcf ) 14.07 11.52 11.02 11.45 10.71 10.77 10.83 10.15 -6.3 Expenditures ($) 665 614 544 468 498 562 547 483 -11.7 West Consumption (Mcf) 47.8 49.9 49.4 49.1 48.6 46.3 41.2 43.6 5.7 Price ($/mcf ) 10.86 9.91 9.67 9.35 9.13 9.96 10.67 9.14 -14.3 Expenditures ($) 519 494 478 459 443 461 440 399 -9.4 U.S. Average Consumption (Mcf) 64.2 64.4 65.0 55.7 62.5 68.0 64.8 60.2 -7.1 Price ($/mcf ) 12.87 10.83 10.46 10.25 9.72 9.97 9.91 9.26 -6.5 Expenditures ($) 826 698 680 571 607 678 641 558 -13.1
Heating Oil U.S. Average Consumption (gallons) 576.7 544.8 580.7 471.2 545.5 607.2 609.5 543.3 -10.9 Price ($/gallon ) 2.65 2.85 3.38 3.73 3.87 3.88 3.04 2.50 -17.7 Expenditures ($) 1,530 1,552 1,966 1,757 2,113 2,353 1,853 1,360 -26.6

Electricit y Northeast Consumption (kWh***) 7,063 6,847 7,076 6,436 6,862 7,224 7,254 6,839 -5.7 Price ($/kwh ) 0.152 0.152 0.154 0.154 0.152 0.163 0.168 0.168 0.1 Expenditures ($) 1,071 1,039 1,091 993 1,045 1,176 1,221 1,152 -5.6 Midwes t Consumption (kWh) 8,751 8,660 8,733 7,897 8,588 9,170 8,861 8,414 -5.0 Price ($/kwh ) 0.097 0.099 0.105 0.111 0.112 0.112 0.118 0.119 1.2 Expenditures ($) 851 856 914 875 958 1,031 1,042 1,001 -3.9 South Consumption (kWh) 8,057 8,486 8,224 7,470 7,977 8,385 8,289 8,027 -3.2 Price ($/kwh ) 0.109 0.103 0.104 0.107 0.107 0.109 0.111 0.108 -2.5 Expenditures ($) 878 873 856 798 851 913 920 868 -5.6 West Consumption (kWh) 7,084 7,239 7,216 7,190 7,150 6,973 6,580 6,765 2.8 Price ($/kwh ) 0.107 0.110 0.112 0.115 0.119 0.123 0.126 0.126 -0.4 Expenditures ($) 755 799 809 825 848 859 832 851 2.4 U.S. Average Consumption (kWh) 7,725 7,937 7,844 7,253 7,672 7,982 7,803 7,589 -2.7 Price ($/kwh ) 0.112 0.110 0.113 0.116 0.117 0.120 0.123 0.122 -1.0 Expenditures ($) 866 873 884 843 895 955 960 924 -3.7 

## Table WF01. Average Consumer Prices and Expenditures for Heating Fuels During the Winte r

Fuel / Region Forecast Winter o f

### U.S. Energy Information Administration | Short-Term Energy Outlook - November 201 5
08-09 09-10 10-11 11-12 12-13 13-14 14-15 15-16 % Change 

## Table WF01. Average Consumer Prices and Expenditures for Heating Fuels During the Winte r

Fuel / Region Forecast Winter o f

Propane Northeast Consumption (gallons) 714.7 672.0 717.5 595.6 675.8 745.5 752.1 674.7 -10.3 Price* ($/gallon ) 2.84 2.98 3.24 3.34 3.00 3.56 3.00 2.87 -4.3 Expenditures ($) 2,031 2,004 2,321 1,990 2,031 2,654 2,256 1,936 -14.2 Midwes t Consumption (gallons) 795.0 779.6 791.8 644.3 766.4 868.8 813.8 735.5 -9.6 Price* ($/gallon ) 2.11 1.99 2.11 2.23 1.74 2.61 1.91 1.69 -11.5 Expenditures ($) 1,678 1,548 1,674 1,437 1,333 2,268 1,554 1,243 -20.0
Number of households by primary space heating fuel (thousands) Northeast Natural gas 10,889 10,992 11,118 11,236 11,345 11,484 11,612 11,681 0.6 Heating oil 6,280 6,016 5,858 5,701 5,458 5,218 5,084 4,931 -3.0 Propane 713 733 744 761 813 844 839 845 0.8 Electricit y 2,563 2,645 2,776 2,894 3,011 3,028 3,064 3,149 2.8 Wood 474 501 512 548 582 579 581 596 2.6 Other/Non e 307 311 315 324 377 434 432 433 0.3 Midwes t Natural gas 18,288 18,050 17,977 18,019 18,054 18,098 18,176 18,095 -0.4 Heating oil 491 451 419 393 360 337 316 291 -8.0 Propane 2,131 2,098 2,073 2,037 2,063 2,096 2,056 2,012 -2.2 Electricit y 4,570 4,715 4,922 5,119 5,333 5,430 5,516 5,710 3.5 Wood 584 616 618 631 640 630 630 635 0.8 Other/Non e 264 283 289 282 319 354 348 348 0.0 South Natural gas 13,958 13,731 13,657 13,636 13,681 13,775 13,897 13,881 -0.1 Heating oil 956 906 853 790 738 700 662 614 -7.3 Propane 2,220 2,165 2,098 2,024 1,982 1,946 1,887 1,802 -4.5 Electricit y 25,258 25,791 26,555 27,283 27,857 28,203 28,655 29,225 2.0 Wood 593 586 599 609 612 611 612 627 2.4 Other/Non e 314 314 309 304 367 420 395 387 -2.0 West Natural gas 15,027 14,939 15,020 15,021 15,008 15,043 15,198 15,251 0.3 Heating oil 294 289 279 261 247 234 226 219 -3.3 Propane 936 940 914 885 909 931 900 879 -2.3 Electricit y 7,768 7,877 8,126 8,439 8,671 8,745 8,905 9,180 3.1 Wood 703 721 725 736 728 741 759 757 -0.3 Other/Non e 837 850 850 829 903 1,023 1,018 985 -3.2 U.S. Totals Natural gas 58,162 57,713 57,771 57,912 58,088 58,400 58,882 58,908 0.0 Heating oil 8,021 7,662 7,408 7,145 6,803 6,489 6,288 6,054 -3.7 Propane 5,999 5,936 5,829 5,707 5,766 5,816 5,682 5,538 -2.5 Electricit y 40,159 41,029 42,380 43,734 44,872 45,405 46,139 47,264 2.4 Wood 2,353 2,424 2,454 2,524 2,563 2,561 2,583 2,616 1.3 Other/Non e 1,723 1,758 1,763 1,739 1,965 2,231 2,192 2,153 -1.8
Heating degree days Northeast 5,313 4,933 5,337 4,217 4,964 5,598 5,653 4,929 -12.8 Midwes t 5,810 5,639 5,773 4,484 5,544 6,453 6,009 5,275 -12.2 South 2,493 2,870 2,632 2,023 2,430 2,787 2,696 2,484 -7.9 West 3,116 3,285 3,258 3,229 3,181 2,981 2,551 2,755 8.0 U.S. Average 3,869 3,937 3,939 3,224 3,721 4,109 3,882 3,564 -8.2

*** kilowatthour * Prices exclude taxes ** thousand cubic feet Note: Winter covers the period October 1 through March 31. Fuel prices are nominal prices. Fuel consumption per household is based only on households that use that fuel as the primary space-heating fuel. Included in fuel consumption is consumption for water heat ing, appliances, and lighting (electricity). Per-household consumption based on an average of EIA 2005 and 2009 Residential Energy Consumption Surveys corrected for actual and projected heating degree days. Number of households using heating oil includes ke rosene.1st 2nd 3rd 4th 1st 2nd 3rd 4th 1st 2nd 3rd 4th 2014 2015 2016 Energy Supply

Crude Oil Production (a) (million barrels per day) ......................... 8.13 8.60 8.85 9.25 9.39 9.41 9.29 9.07 8.89 8.76 8.61 8.83 8.71 9.29 8.77
Dry Natural Gas Production (billion cubic feet per day) ..................... 67.53 69.73 71.59 73.04 73.67 74.50 75.85 75.78 76.11 76.24 76.36 76.99 70.49 74.96 76.43

Coal Production (million short tons) ................................ 245 246 255 253 240 211 232 224 222 212 225 220 1,000 907 880
Energy Consumption
Liquid Fuels (million barrels per day) ......................... 18.82 18.77 19.31 19.51 19.29 19.25 19.70 19.50 19.30 19.44 19.78 19.71 19.11 19.44 19.56

Natural Gas (billion cubic feet per day) ..................... 94.83 60.89 61.36 75.84 96.74 64.01 66.07 78.65 94.08 65.73 67.51 79.89 73.15 76.29 76.79
Coal (b) (million short tons) ................................ 248 212 247 209 212 189 231 203 210 193 232 201 917 836 835
Electricity (billion kilowatt hours per day) ............... 10.87 10.04 11.46 9.95 10.73 10.04 11.79 10.00 10.58 10.14 11.84 10.09 10.58 10.64 10.67
Renewables (c) (quadrillion Btu) ..................................... 2.36 2.56 2.28 2.39 2.42 2.42 2.31 2.28 2.43 2.63 2.43 2.47 9.60 9.43 9.97
Total Energy Consumption (d) (quadrillion Btu) ..................................... 26.56 23.00 24.11 24.78 26.37 22.99 24.31 24.42 25.89 23.11 24.42 24.79 98.45 98.09 98.20
Energy Prices
Crude Oil West Texas Intermediate Spot (dollars per barrel) ................................. 98.68 103.35 97.87 73.21 48.48 57.85 46.56 46.73 47.36 51.38 54.00 52.33 93.17 49.88 51.31
Natural Gas Henry Hub Spot (dollars per million Btu) .......................... 5.21 4.61 3.96 3.80 2.90 2.75 2.76 2.34 2.83 2.85 3.05 3.26 4.39 2.69 3.00

Coal (dollars per million Btu) .......................... 2.33 2.39 2.37 2.37 2.26 2.25 2.23 2.26 2.24 2.28 2.28 2.23 2.36 2.25 2.26

Macroeconomic

Real Gross Domestic Product (billion chained 2009 dollars - SAAR) ..... 15,725 15,902 16,069 16,151 16,177 16,334 16,407 16,510 16,612 16,721 16,850 16,994 15,962 16,357 16,794 Percent change from prior year .............. 1.7 2.6 2.9 2.5 2.9 2.7 2.1 2.2 2.7 2.4 2.7 2.9 2.4 2.5 2.7
GDP Implicit Price Deflator (Index, 2009=100) ................................. 108.0 108.6 109.0 109.1 109.1 109.7 110.2 110.8 111.4 111.9 112.4 113.0 108.7 109.9 112.2 Percent change from prior year .............. 1.6 1.9 1.8 1.3 1.0 1.0 1.1 1.6 2.1 2.0 2.0 2.0 1.6 1.2 2.0
Real Disposable Personal Income (billion chained 2009 dollars - SAAR) ..... 11,699 11,785 11,863 11,999 12,115 12,151 12,256 12,367 12,464 12,536 12,645 12,744 11,836 12,222 12,597 Percent change from prior year .............. 2.3 2.4 2.5 3.6 3.6 3.1 3.3 3.1 2.9 3.2 3.2 3.0 2.7 3.3 3.1
Manufacturing Production Index (Index, 2012=100) ................................. 101.9 103.5 104.6 105.6 105.5 105.8 106.5 106.7 106.9 108.0 109.1 110.5 103.9 106.1 108.6 Percent change from prior year .............. 1.0 2.6 3.7 3.9 3.5 2.3 1.8 1.1 1.4 2.0 2.5 3.5 2.8 2.2 2.4

Weather
U.S. Heating Degree-Days .................... 2,450 480 80 1,541 2,342 442 49 1,473 2,091 467 74 1,532 4,551 4,306 4,164 U.S. Cooling Degree-Days .................... 34 393 775 96 47 434 874 107 38 390 852 96 1,298 1,461 1,375

EIA does not estimate or project end-use consumption of non-marketed renewable energy. 

### Table 1. U.S. Energy Markets Summary U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016 Year

- = no data available Prices are not adjusted for inflation. (a) Includes lease condensate. (b) Total consumption includes Independent Power Producer (IPP) consumption. (c) Renewable energy includes minor components of non-marketed renewable energy that is neither bought nor sold, either directl y or indirectly, as inputs to marketed energy.

Minor discrepancies with published historical data are due to independent rounding. Projections: EIA Regional Short-Term Energy Model. Macroeconomic projections are based on Global Insight Model of the U.S. Economy. Weather projections from National Oceanic and Atmospheric Administration. (d) The conversion from physical units to Btu is calculated using a subset of conversion factors used in the calculations of gr oss energy consumption in EIA’s Monthly Energy Review Consequently, the historical data may not precisely match those published in the MER or the Annual Energy Review (AER). Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and fore casts in italics. Historical data: Latest data available from Energy Information Administration databases supporting the following reports: Petroleum Supply Monthly , DOE/EIA-0109; Petroleum Supply Annual , DOE/EIA-0340/2; Weekly Petroleum Status Report , DOE/EIA-0208; Petroleum Marketing Monthly , DOE/EIA-0380; Natural Gas Monthly , DOE/EIA-0130; Electric Power Monthly , DOE/EIA-0226; Quarterly Coal Report , DOE/EIA-0121; and International Petroleum Monthly , DOE/EIA-0520.1st 2nd 3rd 4th 1st 2nd 3rd 4th 1st 2nd 3rd 4th 2014 2015 2016 Crude Oil (dollars per barrel) West Texas Intermediate Spot Average .............................. 98.68 103.35 97.87 73.21 48.48 57.85 46.56 46.73 47.36 51.38 54.00 52.33 93.17 49.88 51.31 Brent Spot Average ............................................................. 108.14 109.70 101.90 76.43 53.91 61.65 50.43 49.46 52.05 56.38 59.00 57.33 98.89 53.82 56.24 U.S. Imported Average ........................................................ 94.18 98.64 93.85 71.43 46.40 56.12 45.27 43.23 43.86 47.83 50.50 48.84 89.63 47.75 47.87 U.S. Refiner Average Acquisition Cost ................................ 97.60 101.08 96.45 73.48 47.98 57.47 47.42 45.74 46.35 50.36 53.00 51.33 92.05 49.70 50.33 U.S. Liquid Fuels (cents per gallon) Refiner Prices for Resale Gasoline ........................................................................... 272 298 276 203 159 201 183 140 146 177 175 151 262 171 162 Diesel Fuel ....................................................................... 303 300 288 240 176 189 161 153 165 175 181 179 282 170 175 Heating Oil ........................................................................ 303 289 276 228 178 180 151 151 162 163 170 174 274 164 167 Refiner Prices to End Users Jet Fuel ............................................................................. 297 295 289 234 172 186 155 147 161 169 174 173 278 165 169 No. 6 Residual Fuel Oil (a) ............................................... 249 244 243 194 137 154 126 119 117 121 131 128 231 133 124 Retail Prices Including Taxes Gasoline Regular Grade (b) ............................................. 340 368 350 288 227 267 260 218 214 247 247 224 336 243 233 Gasoline All Grades (b) .................................................... 348 375 358 296 236 275 269 227 223 255 255 233 344 252 242 On-highway Diesel Fuel ................................................... 396 394 384 358 292 285 263 251 259 270 276 275 383 272 270 Heating Oil ........................................................................ 397 382 369 330 288 276 248 243 255 255 253 262 372 270 257 Natural Gas Henry Hub Spot (dollars per thousand cubic feet) .............. 5.36 4.75 4.08 3.91 2.99 2.83 2.84 2.41 2.91 2.94 3.14 3.36 4.52 2.77 3.09 Henry Hub Spot (dollars per million Btu) ............................ 5.21 4.61 3.96 3.80 2.90 2.75 2.76 2.34 2.83 2.85 3.05 3.26 4.39 2.69 3.00 U.S. End-Use Prices (dollars per thousand cubic feet) Industrial Sector ............................................................... 6.19 5.64 5.08 5.18 4.57 3.68 3.67 3.57 4.02 3.78 4.03 4.45 5.55 3.89 4.08 Commercial Sector .......................................................... 8.65 9.66 9.69 8.51 7.94 8.13 8.45 7.61 7.56 8.10 8.80 8.15 8.87 7.93 7.96 Residential Sector ............................................................ 9.82 13.11 16.94 10.52 9.29 11.96 16.18 9.78 8.70 11.72 16.00 10.12 10.94 10.24 10.09 U.S. Electricity Power Generation Fuel Costs (dollars per million Btu) Coal .................................................................................. 2.33 2.39 2.37 2.37 2.26 2.25 2.23 2.26 2.24 2.28 2.28 2.23 2.36 2.25 2.26 Natural Gas ..................................................................... 6.82 4.93 4.25 4.30 4.09 3.12 3.16 3.36 3.92 3.52 3.53 4.26 4.98 3.40 3.78 Residual Fuel Oil (c) ......................................................... 19.97 20.44 19.75 14.72 10.82 11.64 10.92 9.86 9.95 11.11 11.43 11.36 19.18 10.80 10.95 Distillate Fuel Oil .............................................................. 23.40 22.77 21.88 18.72 15.39 15.18 13.53 13.45 14.25 14.66 15.06 15.58 22.34 14.64 14.84 End-Use Prices (cents per kilowatthour) Industrial Sector ............................................................... 6.99 6.92 7.36 6.76 6.76 6.73 7.32 6.89 6.92 6.89 7.48 7.00 7.01 6.93 7.08 Commercial Sector .......................................................... 10.55 10.68 11.11 10.59 10.50 10.56 11.02 10.66 10.69 10.81 11.28 10.88 10.75 10.69 10.93 Residential Sector ............................................................ 11.91 12.73 13.01 12.38 12.24 12.85 12.92 12.19 12.16 12.83 13.13 12.48 12.50 12.56 12.66

(c) Includes fuel oils No. 4, No. 5, No. 6, and topped crude. 

### Table 2. Energy Prices U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016 Year

- = no data available Prices are not adjusted for inflation. (a) Average for all sulfur contents. (b) Average self-service cash price.

Projections: EIA Regional Short-Term Energy Model. Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and fore casts in italics. Prices exclude taxes unless otherwise noted. Historical data : Latest data available from Energy Information Administration databases supporting the following reports: Petroleum Marketing Monthly , DOE/EIA-0380; Weekly Petroleum Status Report , DOE/EIA-0208; Natural Gas Monthly , DOE/EIA-0130; Electric Power Monthly , DOE/EIA-0226; and Monthly Energy Review , DOE/EIA-0035. WTI and Brent crude oils, and Henry Hub natural gas spot prices from Reuter's News Service (http://www.reuters.com). Minor discrepancies with published historical data are due to independent rounding.1s t 2nd 3rd 4th 1s t 2nd 3rd 4th 1s t 2nd 3rd 4th 201 4 2015 2016 Supply (million barrels per day) (a) OECD ................................................. 25.11 25.51 25.81 26.73 26.58 26.35 26.61 26.49 26.19 26.04 26.08 26.44 25.79 26.51 26.19 U.S. (50 States) ............................... 13.14 13.96 14.38 14.82 14.71 15.02 15.03 14.88 14.65 14.64 14.65 14.92 14.08 14.91 14.71 Canada ............................................ 4.42 4.27 4.33 4.55 4.68 4.16 4.44 4.55 4.54 4.51 4.57 4.59 4.39 4.46 4.55 Mexico ............................................. 2.89 2.86 2.79 2.74 2.68 2.58 2.64 2.65 2.64 2.63 2.62 2.60 2.82 2.64 2.62 North Sea (b) ................................... 3.08 2.82 2.71 3.03 3.01 3.08 2.92 2.84 2.83 2.72 2.68 2.77 2.91 2.96 2.75 Other OECD .................................... 1.58 1.60 1.60 1.58 1.50 1.50 1.58 1.57 1.54 1.54 1.55 1.56 1.59 1.54 1.55 Non-OECD ......................................... 66.75 66.98 67.86 68.29 67.86 69.06 69.74 69.21 68.42 69.28 70.21 69.96 67.48 68.97 69.47 OPEC .............................................. 36.26 35.94 36.52 36.66 36.66 37.41 37.87 37.67 37.35 37.67 38.31 38.27 36.35 37.41 37.90 Crude Oil Portion .......................... 30.01 29.70 30.28 30.34 30.29 30.99 31.39 31.15 30.75 30.98 31.55 31.46 30.08 30.96 31.19 Other Liquids ................................ 6.25 6.24 6.24 6.32 6.36 6.42 6.48 6.53 6.60 6.68 6.76 6.82 6.26 6.45 6.72 Eurasia ............................................ 13.90 13.83 13.85 14.01 14.01 13.99 14.02 13.93 13.89 13.91 13.93 13.95 13.90 13.99 13.92 China ............................................... 4.55 4.57 4.51 4.66 4.62 4.71 4.68 4.67 4.64 4.68 4.68 4.68 4.57 4.67 4.67 Other Non-OECD ............................ 12.05 12.64 12.98 12.96 12.58 12.95 13.17 12.93 12.54 13.03 13.30 13.05 12.66 12.91 12.98 Total World Supply ............................. 91.86 92.49 93.67 95.03 94.44 95.41 96.35 95.70 94.61 95.32 96.29 96.39 93.27 95.48 95.66

Non-OPEC Supply .............................. 55.60 56.55 57.15 58.36 57.78 58.00 58.47 58.03 57.26 57.65 57.99 58.12 56.92 58.07 57.76

Consumption (million barrels per day) (c) OECD ................................................. 45.75 44.84 45.97 46.44 46.53 45.48 46.47 46.81 46.82 45.70 46.58 47.06 45.75 46.32 46.54 U.S. (50 States) ............................... 18.82 18.77 19.31 19.51 19.29 19.25 19.70 19.50 19.30 19.44 19.78 19.71 19.11 19.44 19.56 U.S. Territories ................................ 0.35 0.35 0.35 0.35 0.37 0.37 0.37 0.37 0.40 0.40 0.40 0.40 0.35 0.37 0.40 Canada ............................................ 2.43 2.34 2.46 2.42 2.36 2.32 2.43 2.41 2.38 2.32 2.43 2.41 2.41 2.38 2.38 Europe ............................................. 12.98 13.38 13.86 13.52 13.55 13.40 13.84 13.80 13.66 13.39 13.84 13.79 13.44 13.65 13.67 Japan ............................................... 5.02 3.88 3.88 4.43 4.74 3.88 3.91 4.28 4.58 3.85 3.88 4.25 4.30 4.20 4.14 Other OECD .................................... 6.14 6.11 6.11 6.21 6.21 6.26 6.21 6.45 6.50 6.30 6.25 6.49 6.14 6.28 6.38 Non-OECD ......................................... 45.63 46.96 47.35 46.81 46.32 47.90 48.24 47.68 47.47 49.09 49.44 48.86 46.69 47.54 48.72 Eurasia ............................................ 4.82 4.76 4.98 4.96 4.71 4.65 4.92 4.90 4.73 4.66 4.93 4.92 4.88 4.80 4.81 Europe ............................................. 0.70 0.71 0.73 0.73 0.71 0.72 0.74 0.74 0.72 0.73 0.75 0.75 0.72 0.73 0.73 China ............................................... 10.45 11.03 10.98 10.94 10.77 11.36 11.32 11.27 11.06 11.67 11.62 11.57 10.85 11.18 11.48 Other Asia ........................................ 11.80 12.01 11.56 11.88 12.11 12.33 11.87 12.19 12.46 12.69 12.21 12.54 11.81 12.13 12.48 Other Non-OECD ............................ 17.86 18.46 19.10 18.31 18.01 18.84 19.40 18.58 18.50 19.35 19.93 19.08 18.43 18.71 19.22 Total World Consumption ................... 91.38 91.80 93.32 93.25 92.85 93.37 94.70 94.49 94.29 94.79 96.01 95.92 92.45 93.86 95.26

Total Crude Oil and Other Liquids Inventory Net Withdrawals (million barrels per day) U.S. (50 States) .................................. 0.03 -0.66 -0.22 -0.22 -0.54 -0.69 -0.28 0.40 0.08 -0.23 -0.07 0.56 -0.27 -0.28 0.09 Other OECD ....................................... -0.31 -0.02 -0.50 0.33 -0.19 -0.47 -0.49 -0.58 -0.15 -0.10 -0.07 -0.37 -0.12 -0.43 -0.17 Other Stock Draws and Balance ........ -0.19 -0.01 0.37 -1.89 -0.86 -0.87 -0.88 -1.02 -0.26 -0.19 -0.13 -0.66 -0.43 -0.91 -0.31 Total Stock Draw ............................. -0.47 -0.69 -0.35 -1.77 -1.59 -2.03 -1.64 -1.21 -0.32 -0.53 -0.28 -0.48 -0.83 -1.62 -0.40

End-of-period Commercial Crude Oil and Other Liquids Inventories U.S. Commercial Inventory ................ 1,063 1,128 1,149 1,169 1,217 1,277 1,301 1,265 1,257 1,279 1,285 1,233 1,169 1,265 1,233 OECD Commercial Inventory ............. 2,575 2,642 2,711 2,698 2,763 2,866 2,935 2,952 2,958 2,988 3,002 2,984 2,698 2,952 2,984

(a) Supply includes production of crude oil (including lease condensates), natural gas plant liquids, biofuels, other liquids, and refinery processing gains. 

### Table 3a. International Petroleum and Other Liquids Production, Consumption, and Inventories U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016 Year

- = no data available OECD = Organization for Economic Cooperation and Development: Australia, Austria, Belgium, Canada, Chile, the Czech Republic, D enmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, Slovakia, Slovenia, South Korea, Spain, Sweden, Switzerland, Turkey, the United Kingdom, and the United States. OPEC = Organization of Petroleum Exporting Countries: Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saud i Arabia, the United Arab Emirates, Venezuela.

Projections: EIA Regional Short-Term Energy Model. (b) Includes offshore supply from Denmark, Germany, the Netherlands, Norway, and the United Kingdom. (c) Consumption of petroleum by the OECD countries is synonymous with "petroleum product supplied," defined in the glossary of the EIA Petroleum Supply Monthly , DOE/EIA-0109. Consumption of petroleum by the non-OECD countries is "apparent consumption," which includes internal consumption, refinery fue l and loss, and bunkering. Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and fore casts in italics. Historical data: Latest data available from Energy Information Administration international energy statistics. Minor discrepancies with published historical data are due to independent rounding.1s t 2nd 3rd 4th 1s t 2nd 3rd 4th 1s t 2nd 3rd 4th 2014 2015 2016

North America ..................................................... 20.44 21.10 21.49 22.12 22.07 21.76 22.11 22.08 21.82 21.78 21.84 22.11 21.29 22.01 21.89 Canada .................................................................. 4.42 4.27 4.33 4.55 4.68 4.16 4.44 4.55 4.54 4.51 4.57 4.59 4.39 4.46 4.55 Mexico ................................................................... 2.89 2.86 2.79 2.74 2.68 2.58 2.64 2.65 2.64 2.63 2.62 2.60 2.82 2.64 2.62 United States ......................................................... 13.14 13.96 14.38 14.82 14.71 15.02 15.03 14.88 14.65 14.64 14.65 14.92 14.08 14.91 14.71

Central and South America ............................... 4.54 5.16 5.55 5.39 4.95 5.42 5.68 5.37 4.98 5.49 5.74 5.46 5.16 5.36 5.42 Argentina ............................................................... 0.70 0.71 0.73 0.73 0.69 0.71 0.75 0.75 0.70 0.72 0.76 0.76 0.72 0.72 0.74 Brazil ..................................................................... 2.34 2.98 3.32 3.15 2.73 3.21 3.48 3.13 2.75 3.25 3.51 3.19 2.95 3.14 3.18 Colombia ............................................................... 1.02 0.99 1.02 1.03 1.06 1.05 1.00 1.03 1.05 1.04 0.99 1.02 1.02 1.03 1.03 Other Central and S. America ................................ 0.48 0.48 0.48 0.48 0.47 0.45 0.46 0.47 0.47 0.47 0.48 0.49 0.48 0.47 0.48

Europe ................................................................. 4.04 3.78 3.68 4.00 3.96 4.03 3.87 3.79 3.76 3.65 3.62 3.70 3.88 3.91 3.68 Norway .................................................................. 1.98 1.80 1.87 1.98 1.95 1.95 1.93 1.88 1.88 1.80 1.84 1.84 1.91 1.93 1.84 United Kingdom (offshore) ..................................... 0.93 0.85 0.66 0.84 0.88 0.94 0.81 0.79 0.77 0.74 0.67 0.74 0.82 0.86 0.73 Other North Sea .................................................... 0.18 0.16 0.18 0.20 0.18 0.19 0.17 0.17 0.18 0.18 0.18 0.19 0.18 0.18 0.18

Eurasia ................................................................. 13.91 13.85 13.86 14.02 14.02 14.01 14.04 13.95 13.90 13.92 13.94 13.97 13.91 14.00 13.93 Azerbaijan .............................................................. 0.85 0.86 0.88 0.84 0.86 0.86 0.88 0.88 0.88 0.88 0.87 0.87 0.86 0.87 0.87 Kazakhstan ............................................................ 1.73 1.66 1.71 1.78 1.76 1.71 1.69 1.69 1.70 1.70 1.71 1.74 1.72 1.71 1.71 Russia ................................................................... 10.86 10.83 10.79 10.93 10.92 10.94 10.96 10.88 10.83 10.84 10.87 10.87 10.85 10.93 10.85 Turkmenistan ......................................................... 0.27 0.28 0.28 0.26 0.27 0.27 0.28 0.27 0.28 0.29 0.29 0.28 0.28 0.28 0.28 Other Eurasia ........................................................ 0.20 0.21 0.21 0.21 0.21 0.23 0.23 0.22 0.22 0.21 0.21 0.21 0.21 0.22 0.21

Middle East ......................................................... 1.19 1.17 1.20 1.16 1.19 1.14 1.16 1.15 1.15 1.13 1.12 1.12 1.18 1.16 1.13 Oman .................................................................... 0.96 0.95 0.96 0.94 0.97 0.99 1.02 1.02 0.97 0.97 0.96 0.96 0.95 1.00 0.96 Syria ...................................................................... 0.03 0.03 0.03 0.03 0.03 0.04 0.04 0.04 0.01 0.01 0.01 0.00 0.03 0.04 0.01 Yemen ................................................................... 0.13 0.13 0.13 0.12 0.11 0.05 0.03 0.02 0.10 0.08 0.09 0.08 0.13 0.05 0.09

Asia and Oceania ............................................... 9.15 9.18 9.05 9.33 9.29 9.35 9.32 9.39 9.37 9.40 9.43 9.45 9.18 9.34 9.42 Australia ................................................................ 0.47 0.48 0.49 0.47 0.40 0.41 0.47 0.47 0.45 0.45 0.45 0.46 0.48 0.44 0.45 China ..................................................................... 4.55 4.57 4.51 4.66 4.62 4.71 4.68 4.67 4.64 4.68 4.68 4.68 4.57 4.67 4.67 India ...................................................................... 0.98 0.98 0.96 0.99 0.98 0.97 0.97 0.99 0.98 0.98 0.99 1.00 0.98 0.98 0.99 Indonesia ............................................................... 0.92 0.92 0.91 0.90 0.91 0.92 0.91 0.93 0.94 0.96 0.99 0.99 0.91 0.92 0.97 Malaysia ................................................................ 0.69 0.69 0.66 0.75 0.80 0.76 0.72 0.75 0.77 0.76 0.75 0.76 0.70 0.76 0.76 Vietnam ................................................................. 0.33 0.32 0.31 0.34 0.36 0.34 0.34 0.36 0.35 0.35 0.34 0.34 0.33 0.35 0.35

Africa ................................................................... 2.32 2.31 2.31 2.34 2.29 2.30 2.30 2.30 2.28 2.28 2.28 2.31 2.32 2.30 2.29 Egypt ..................................................................... 0.70 0.70 0.70 0.72 0.71 0.71 0.71 0.70 0.70 0.70 0.70 0.69 0.71 0.71 0.70 Equatorial Guinea .................................................. 0.29 0.29 0.29 0.29 0.27 0.27 0.27 0.27 0.25 0.25 0.25 0.25 0.29 0.27 0.25 Gabon ................................................................... 0.22 0.22 0.22 0.22 0.21 0.21 0.21 0.21 0.21 0.21 0.21 0.21 0.22 0.21 0.21 Sudan .................................................................... 0.26 0.26 0.26 0.26 0.26 0.25 0.26 0.26 0.26 0.26 0.26 0.26 0.26 0.26 0.26

Total non-OPEC liquids ....................................... 55.60 56.55 57.15 58.36 57.78 58.00 58.47 58.03 57.26 57.65 57.99 58.12 56.92 58.07 57.76

OPEC non-crude liquids .................................... 6.25 6.24 6.24 6.32 6.36 6.42 6.48 6.53 6.60 6.68 6.76 6.82 6.26 6.45 6.72 Non-OPEC + OPEC non-crude .......................... 61.85 62.79 63.40 64.68 64.14 64.41 64.95 64.55 63.86 64.33 64.74 64.94 63.19 64.52 64.47

Unplanned non-OPEC Production Outages ....... 0.66 0.67 0.60 0.57 0.62 0.83 0.76 n/a n/a n/a n/a n/a 0.62 n/a n/a 

### Table 3b. Non-OPEC Petroleum and Other Liquids Supply (million barrels per day ) U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016 Year

Historical data: Latest data available from Energy Information Administration international energy statistics. Minor discrepancies with published historical data are due to independent rounding. Projections: EIA Regional Short-Term Energy Model. - = no data available Sudan production represents total production from both north and south. OPEC = Organization of Petroleum Exporting Countries: Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saud i Arabia, the United Arab Emirates, Venezuela. Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and fore casts in italics. Supply includes production of crude oil (including lease condensates), natural gas plant liquids, biofuels, other liquids, and refinery processing gains. Not all countries are shown in each region and sum of reported country volumes may not equal regional volumes.1s t 2nd 3rd 4th 1s t 2nd 3rd 4th 1s t 2nd 3rd 4th 201 4 2015 2016 Crude Oil Algeria ........................................................... 1.15 1.15 1.15 1.15 1.10 1.10 1.10 - - - - - 1.15 - - Angola ........................................................... 1.63 1.63 1.72 1.73 1.75 1.78 1.81 - - - - - 1.68 - - Ecudaor ......................................................... 0.55 0.56 0.56 0.56 0.55 0.54 0.55 - - - - - 0.56 - - Iran ................................................................ 2.80 2.80 2.80 2.80 2.80 2.80 2.80 - - - - - 2.80 - - Iraq ................................................................ 3.26 3.29 3.28 3.53 3.57 4.06 4.32 - - - - - 3.34 - - Kuwait ........................................................... 2.60 2.60 2.60 2.48 2.57 2.53 2.50 - - - - - 2.57 - - Libya .............................................................. 0.38 0.23 0.58 0.69 0.40 0.45 0.38 - - - - - 0.47 - - Nigeria ........................................................... 2.00 1.97 2.07 1.98 2.03 1.88 1.92 - - - - - 2.00 - - Qatar ............................................................. 0.74 0.73 0.72 0.68 0.68 0.68 0.68 - - - - - 0.72 - - Saudi Arabia .................................................. 9.80 9.65 9.70 9.63 9.73 10.07 10.25 - - - - - 9.70 - - United Arab Emirates .................................... 2.70 2.70 2.70 2.70 2.70 2.70 2.70 - - - - - 2.70 - - Venezuela ..................................................... 2.40 2.40 2.40 2.40 2.40 2.40 2.40 - - - - - 2.40 - - OPEC Total ................................................ 30.01 29.70 30.28 30.34 30.29 30.99 31.39 31.15 30.75 30.98 31.55 31.46 30.08 30.96 31.19

Other Liquids .................................................. 6.25 6.24 6.24 6.32 6.36 6.42 6.48 6.53 6.60 6.68 6.76 6.82 6.26 6.45 6.72

Total OPEC Supply ........................................ 36.26 35.94 36.52 36.66 36.66 37.41 37.87 37.67 37.35 37.67 38.31 38.27 36.35 37.41 37.90

Crude Oil Production Capacity Africa ............................................................. 5.15 4.97 5.51 5.54 5.29 5.19 5.19 5.24 5.23 5.25 5.26 5.27 5.29 5.23 5.25 South America ............................................... 2.95 2.95 2.95 2.95 2.95 2.93 2.94 2.97 2.86 2.85 2.85 2.88 2.95 2.95 2.86 Middle East ................................................... 23.93 23.88 23.86 23.79 23.90 24.28 24.51 24.42 24.59 24.85 25.43 25.43 23.86 24.28 25.08 OPEC Total ................................................ 32.02 31.80 32.32 32.28 32.14 32.39 32.65 32.63 32.68 32.95 33.55 33.58 32.10 32.45 33.19

Surplus Crude Oil Production Capacity Africa ............................................................. 0.00 0.00 0.00 0.00 0.02 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 South America ............................................... 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Middle East ................................................... 2.01 2.09 2.04 1.93 1.83 1.40 1.25 1.48 1.93 1.96 2.00 2.13 2.02 1.49 2.01 OPEC Total ................................................ 2.01 2.09 2.04 1.93 1.85 1.40 1.25 1.48 1.93 1.96 2.00 2.13 2.02 1.49 2.01

Unplanned OPEC Production Outages ........ 2.32 2.57 2.26 2.43 2.57 2.64 2.73 n/a n/a n/a n/a n/a 2.40 n/a n/a

Projections: EIA Regional Short-Term Energy Model. 

### Table 3c. OPEC Crude Oil (excluding condensates) Supply (million barrels per day) U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016 Year

- = no data available OPEC = Organization of Petroleum Exporting Countries: Algeria, Angola, Libya, and Nigeria (Africa); Ecuador and Venezuela (Sout h America); Iran, Iraq, Kuwait, Qatar, Saudi Arabia, and the United Arab Emirat e (Middle East).
Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and fore casts in italics. Historical data: Latest data available from Energy Information Administration international energy statistics. Minor discrepancies with published historical data are due to independent rounding.Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2014 2015 2016

North America ............................................................. 23.21 23.09 23.74 23.92 23.53 23.52 24.06 23.85 23.63 23.72 24.14 24.07 23.49 23.74 23.89 Canada .......................................................................... 2.43 2.34 2.46 2.42 2.36 2.32 2.43 2.41 2.38 2.32 2.43 2.41 2.41 2.38 2.38 Mexico ........................................................................... 1.95 1.97 1.96 1.98 1.87 1.95 1.92 1.93 1.93 1.95 1.92 1.93 1.97 1.92 1.93 United States ................................................................. 18.82 18.77 19.31 19.51 19.29 19.25 19.70 19.50 19.30 19.44 19.78 19.71 19.11 19.44 19.56

Central and South America ..................................... 7.05 7.30 7.33 7.31 7.05 7.37 7.41 7.38 7.17 7.44 7.47 7.45 7.25 7.30 7.38 Brazil .............................................................................. 3.03 3.14 3.21 3.20 3.03 3.14 3.21 3.20 3.06 3.18 3.24 3.23 3.15 3.15 3.18
Europe ......................................................................... 13.68 14.09 14.59 14.25 14.26 14.11 14.58 14.53 14.38 14.12 14.59 14.54 14.16 14.38 14.41

Eurasia ......................................................................... 4.85 4.79 5.01 4.99 4.74 4.67 4.95 4.93 4.76 4.69 4.97 4.95 4.91 4.83 4.84 Russia ........................................................................... 3.49 3.45 3.65 3.63 3.39 3.34 3.54 3.53 3.35 3.30 3.50 3.48 3.56 3.45 3.41

Middle East ................................................................. 7.97 8.33 8.98 8.17 7.98 8.61 9.18 8.34 8.33 8.93 9.53 8.65 8.36 8.53 8.86

Asia and Oceania ...................................................... 30.88 30.48 29.99 30.91 31.39 31.20 30.68 31.60 31.98 31.87 31.33 32.25 30.56 31.22 31.86 China ............................................................................. 10.45 11.03 10.98 10.94 10.77 11.36 11.32 11.27 11.06 11.67 11.62 11.57 10.85 11.18 11.48 Japan ............................................................................. 5.02 3.88 3.88 4.43 4.74 3.88 3.91 4.28 4.58 3.85 3.88 4.25 4.30 4.20 4.14 India ............................................................................... 3.88 3.86 3.54 3.83 4.08 4.06 3.72 4.02 4.25 4.23 3.88 4.19 3.78 3.97 4.14

Africa ........................................................................... 3.73 3.73 3.68 3.70 3.89 3.88 3.84 3.86 4.04 4.03 3.99 4.01 3.71 3.86 4.02
Total OECD Liquid Fuels Consumption .................. 45.75 44.84 45.97 46.44 46.53 45.48 46.47 46.81 46.82 45.70 46.58 47.06 45.75 46.32 46.54 Total non-OECD Liquid Fuels Consumption .......... 45.63 46.96 47.35 46.81 46.32 47.90 48.24 47.68 47.47 49.09 49.44 48.86 46.69 47.54 48.72
Total World Liquid Fuels Consumption .................. 91.38 91.80 93.32 93.25 92.85 93.37 94.70 94.49 94.29 94.79 96.01 95.92 92.45 93.86 95.26

World Index, 2010 Q1 = 100 ........................................ 113.3 114.1 114.9 115.8 116.2 116.9 117.4 118.2 119.0 119.9 120.8 121.8 114.5 117.2 120.4 Percent change from prior year ................................. 2.8 2.8 2.7 2.7 2.6 2.5 2.2 2.1 2.4 2.6 2.8 3.1 2.7 2.3 2.7 OECD Index, 2010 Q1 = 100 ....................................... 107.1 107.6 108.2 108.8 109.3 109.9 110.2 110.8 111.4 112.1 112.8 113.5 107.9 110.0 112.4 Percent change from prior year ................................. 1.8 1.9 1.9 1.8 2.0 2.1 1.8 1.8 2.0 2.0 2.3 2.5 1.9 2.0 2.2 Non-OECD Index, 2010 Q1 = 100 ............................... 121.1 122.4 123.4 124.6 125.1 125.9 126.6 127.7 128.8 130.0 131.1 132.4 122.9 126.3 130.6 Percent change from prior year ................................. 3.9 3.8 3.7 3.7 3.3 2.9 2.7 2.4 3.0 3.3 3.5 3.7 3.8 2.8 3.4
Real U.S. Dollar Exchange Rate (a) Index, January 2010 = 100 ........................................... 108.07 107.84 109.02 113.60 119.25 119.49 122.93 125.51 127.19 126.85 126.58 126.46 109.63 121.79 126.77 Percent change from prior year .................................... 3.8 2.0 1.9 6.7 10.3 10.8 12.8 10.5 6.7 6.2 3.0 0.8 3.6 11.1 4.1 

### Table 3d. World Petrioleum and Other Liquids Consumption (million barrels per day) U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016

Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and fore casts in italics. Historical data: Latest data available from Energy Information Administration international energy statistics. Minor discrepancies with published historical data are due to independent rounding. Projections: EIA Regional Short-Term Energy Model. Oil-weighted Real Gross Domestic Product (a)

- = no data available OECD = Organisation for Economic Co-operation and Development: Australia, Austria, Belgium, Canada, Chile, the Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Japan, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, Slovakia, Slovenia, South Korea, Spain, Sweden, Switzerland, Turkey, the United Kingdom, and the United States. (a) Weighted geometric mean of real indices for various countries with weights equal to each country's share of world oil cons umption in the base period. Exchange rate is measured in foreign currency per U.S. dollar.1st 2nd 3rd 4th 1st 2nd 3rd 4th 1st 2nd 3rd 4th 2014 2015 2016 Supply (million barrels per day) Crude Oil Supply Domestic Production (a) ......................................... 8.13 8.60 8.85 9.25 9.39 9.41 9.29 9.07 8.89 8.76 8.61 8.83 8.71 9.29 8.77 Alaska .................................................................. 0.53 0.52 0.43 0.51 0.50 0.48 0.44 0.49 0.48 0.47 0.43 0.47 0.50 0.48 0.46 Federal Gulf of Mexico (b) ................................... 1.32 1.42 1.43 1.42 1.46 1.47 1.58 1.55 1.60 1.61 1.53 1.64 1.40 1.52 1.60 Lower 48 States (excl GOM) ................................ 6.28 6.67 6.99 7.32 7.42 7.47 7.27 7.02 6.81 6.68 6.66 6.72 6.82 7.29 6.72 Crude Oil Net Imports (c) ........................................ 7.11 6.93 7.15 6.78 6.84 6.74 6.92 6.52 6.61 7.39 7.63 6.74 6.99 6.75 7.10 SPR Net Withdrawals ............................................. 0.00 0.05 0.00 0.00 0.00 -0.03 -0.01 0.00 0.00 0.00 0.00 0.00 0.01 -0.01 0.00 Commercial Inventory Net Withdrawals ................. -0.33 0.01 0.25 -0.33 -0.91 0.06 0.10 0.01 -0.22 0.14 0.18 0.15 -0.10 -0.18 0.06 Crude Oil Adjustment (d) ........................................ 0.28 0.28 0.12 0.25 0.21 0.30 0.25 0.24 0.19 0.19 0.21 0.15 0.23 0.25 0.19 Total Crude Oil Input to Refineries ............................. 15.19 15.88 16.36 15.96 15.53 16.48 16.55 15.83 15.48 16.48 16.64 15.87 15.85 16.10 16.12 Other Supply Refinery Processing Gain ....................................... 1.05 1.07 1.10 1.10 0.99 1.02 1.10 1.08 1.05 1.07 1.10 1.09 1.08 1.05 1.07 Natural Gas Plant Liquids Production .................... 2.75 3.00 3.15 3.16 3.09 3.27 3.33 3.42 3.41 3.51 3.62 3.70 3.01 3.28 3.56 Renewables and Oxygenate Production (e) ........... 1.01 1.06 1.06 1.08 1.05 1.10 1.10 1.09 1.09 1.08 1.09 1.07 1.05 1.09 1.08 Fuel Ethanol Production ...................................... 0.91 0.94 0.93 0.96 0.96 0.96 0.96 0.95 0.97 0.95 0.96 0.94 0.93 0.96 0.95 Petroleum Products Adjustment (f) ........................ 0.20 0.23 0.22 0.24 0.20 0.21 0.21 0.22 0.21 0.23 0.23 0.23 0.22 0.21 0.22 Product Net Imports (c) ........................................... -1.73 -1.74 -2.11 -2.13 -1.89 -2.12 -2.22 -2.54 -2.23 -2.55 -2.65 -2.66 -1.93 -2.20 -2.52 Hydrocarbon Gas Liquids .................................... -0.36 -0.57 -0.66 -0.64 -0.68 -0.80 -0.89 -0.95 -1.02 -1.14 -1.23 -1.23 -0.56 -0.83 -1.15 Unfinished Oils .................................................... 0.34 0.43 0.34 0.37 0.26 0.28 0.39 0.38 0.36 0.31 0.39 0.38 0.37 0.33 0.36 Other HC/Oxygenates .......................................... -0.09 -0.09 -0.08 -0.09 -0.08 -0.09 -0.06 -0.06 -0.09 -0.07 -0.05 -0.04 -0.09 -0.07 -0.06 Motor Gasoline Blend Comp. .............................. 0.30 0.58 0.46 0.39 0.41 0.52 0.56 0.48 0.41 0.60 0.44 0.40 0.44 0.49 0.46 Finished Motor Gasoline ...................................... -0.40 -0.37 -0.33 -0.47 -0.44 -0.32 -0.42 -0.59 -0.37 -0.45 -0.34 -0.46 -0.39 -0.44 -0.40 Jet Fuel ................................................................ -0.07 -0.02 -0.09 -0.09 -0.06 0.01 -0.06 -0.04 -0.03 -0.06 0.00 0.01 -0.07 -0.04 -0.02 Distillate Fuel Oil ................................................. -0.67 -1.00 -1.07 -0.89 -0.67 -1.05 -1.13 -1.00 -0.74 -0.96 -1.06 -0.98 -0.91 -0.96 -0.93 Residual Fuel Oil ................................................. -0.23 -0.18 -0.17 -0.18 -0.13 -0.21 -0.15 -0.20 -0.23 -0.26 -0.26 -0.21 -0.19 -0.17 -0.24 Other Oils (g) ....................................................... -0.55 -0.52 -0.50 -0.53 -0.50 -0.46 -0.46 -0.56 -0.52 -0.53 -0.54 -0.53 -0.53 -0.49 -0.53 Product Inventory Net Withdrawals ........................ 0.35 -0.72 -0.47 0.11 0.36 -0.72 -0.36 0.39 0.30 -0.37 -0.25 0.42 -0.18 -0.08 0.02 Total Supply ............................................................... 18.82 18.77 19.31 19.51 19.32 19.25 19.70 19.50 19.30 19.44 19.78 19.71 19.11 19.44 19.56

Consumption (million barrels per day) Hydrocarbon Gas Liquids ....................................... 2.70 2.12 2.32 2.66 2.72 2.27 2.38 2.70 2.74 2.33 2.40 2.77 2.45 2.52 2.56 Unfinished Oils ....................................................... -0.07 -0.03 -0.03 -0.02 -0.05 0.05 0.01 0.04 0.00 0.00 0.01 0.02 -0.04 0.01 0.01 Motor Gasoline ....................................................... 8.54 9.01 9.13 9.00 8.81 9.26 9.32 9.04 8.85 9.23 9.33 9.08 8.92 9.11 9.12 Fuel Ethanol blended into Motor Gasoline .......... 0.84 0.89 0.89 0.90 0.87 0.92 0.93 0.90 0.87 0.91 0.93 0.90 0.88 0.90 0.90 Jet Fuel ................................................................... 1.39 1.47 1.52 1.50 1.45 1.54 1.59 1.52 1.44 1.53 1.59 1.54 1.47 1.53 1.52 Distillate Fuel Oil .................................................... 4.19 3.95 3.89 4.12 4.27 3.88 3.89 4.01 4.16 4.03 3.98 4.10 4.04 4.01 4.07 Residual Fuel Oil .................................................... 0.25 0.25 0.25 0.28 0.24 0.19 0.28 0.20 0.22 0.20 0.20 0.20 0.26 0.23 0.20 Other Oils (g) .......................................................... 1.83 2.01 2.24 1.96 1.85 2.06 2.23 1.99 1.89 2.12 2.27 2.00 2.01 2.03 2.07 Total Consumption .................................................... 18.82 18.77 19.31 19.51 19.29 19.25 19.70 19.50 19.30 19.44 19.78 19.71 19.11 19.44 19.56

Total Petroleum and Other Liquids Net Imports .... 5.38 5.20 5.04 4.65 4.95 4.61 4.70 3.98 4.38 4.85 4.99 4.08 5.07 4.56 4.58

End-of-period Inventories (million barrels) Commercial Inventory Crude Oil (excluding SPR) ...................................... 386.7 386.0 363.3 393.3 474.8 469.5 460.6 460.1 480.0 467.1 450.8 437.4 393.3 460.1 437.4 Hydrocarbon Gas Liquids ....................................... 99.5 166.1 211.7 175.4 138.8 196.3 227.9 188.7 157.9 196.5 221.3 175.2 175.4 188.7 175.2 Unfinished Oils ....................................................... 91.9 87.6 84.3 78.3 84.7 86.0 86.5 80.0 90.8 88.3 86.5 81.1 78.3 80.0 81.1 Other HC/Oxygenates ............................................. 22.7 23.3 22.4 23.3 26.7 25.0 24.3 24.9 27.0 25.8 25.1 25.3 23.3 24.9 25.3 Total Motor Gasoline .............................................. 221.6 219.3 212.5 240.4 231.5 221.0 223.6 232.2 229.5 223.2 220.3 232.9 240.4 232.2 232.9 Finished Motor Gasoline ...................................... 34.4 28.8 28.4 31.2 26.9 25.7 27.7 28.9 26.7 26.3 25.7 27.3 31.2 28.9 27.3 Motor Gasoline Blend Comp. .............................. 187.2 190.5 184.1 209.1 204.6 195.4 195.9 203.3 202.9 196.9 194.6 205.6 209.1 203.3 205.6 Jet Fuel ................................................................... 36.4 37.1 39.8 38.3 37.2 43.7 40.2 36.8 37.3 38.6 41.5 38.0 38.3 36.8 38.0 Distillate Fuel Oil .................................................... 115.2 121.6 131.4 136.3 128.3 139.4 149.5 151.8 137.8 144.8 154.7 156.6 136.3 151.8 156.6 Residual Fuel Oil .................................................... 36.0 36.6 36.6 33.7 38.1 41.8 40.3 40.6 40.0 39.6 37.5 38.0 33.7 40.6 38.0 Other Oils (g) .......................................................... 52.9 50.6 46.7 49.6 57.3 54.6 48.5 49.7 56.9 54.6 47.6 48.9 49.6 49.7 48.9 Total Commercial Inventory ....................................... 1,063 1,128 1,149 1,169 1,217 1,277 1,301 1,265 1,257 1,279 1,285 1,233 1,169 1,265 1,233 Crude Oil in SPR ....................................................... 696 691 691 691 691 694 695 695 695 695 695 695 691 695 695

(e) Renewables and oxygenate production includes pentanes plus, oxygenates (excluding fuel ethanol), and renewable fuels. 

### Table 4a. U.S. Petroleum and Other Liquids Supply, Consumption, and Inventorie s U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016 Year

- = no data available (a) Includes lease condensate. (b) Crude oil production from U.S. Federal leases in the Gulf of Mexico (GOM). (c) Net imports equals gross imports minus gross exports. (d) Crude oil adjustment balances supply and consumption and was previously referred to as "Unaccounted for Crude Oil."

Petroleum Supply Annual , DOE/EIA-0340/2; and Weekly Petroleum Status Report , DOE/EIA-0208. Minor discrepancies with published historical data are due to independent rounding. Projections: EIA Regional Short-Term Energy Model. (f) Petroleum products adjustment includes hydrogen/oxygenates/renewables/other hydrocarbons, motor gasoline blend components, and finished motor gasoline. (g) "Other Oils" inludes aviation gasoline blend components, finished aviation gasoline, kerosene, petrochemical feedstocks, sp ecial naphthas, lubricants, waxes, petroleum coke, asphalt and road oil, still gas, and miscellaneous products. Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and fore casts in italics. SPR: Strategic Petroleum Reserve HC: Hydrocarbons Historical data : Latest data available from Energy Information Administration databases supporting the following reports: Petroleum Supply Monthly , DOE/EIA-0109;1st 2nd 3rd 4th 1st 2nd 3rd 4th 1st 2nd 3rd 4th 2014 2015 2016 HGL Production Natural Gas Processing Plant s Ethane ............................................................. 1.05 1.11 1.11 1.09 1.05 1.10 1.11 1.20 1.21 1.2 3 1.28 1.3 3 1.09 1.11 1.2 6 Propane ........................................................... 0.88 0.96 1.03 1.06 1.07 1.12 1.13 1.14 1.14 1.1 7 1.20 1.24 0.98 1.11 1.19 Butanes ........................................................... 0.48 0.53 0.57 0.59 0.58 0.62 0.63 0.64 0.6 3 0.6 5 0.6 6 0.6 6 0.54 0.6 2 0.6 5 Natural Gasoline (Pentanes Plus) ..................

. 0.34 0.39 0.43 0.42 0.39 0.44 0.46 0.44 0.4 3 0.4 5 0.48 0.4 6 0.39 0.4 3 0.4 6 Refinery and Blender Net Production Ethane/Ethylene .............................................. 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.00 0.01 0.01 0.00 0.01 0.01 0.01 Propane/Propylene ......................................... 0.57 0.60 0.59 0.59 0.54 0.58 0.57 0.59 0.58 0.60 0.60 0.59 0.59 0.5 7 0.59 Butanes/Butylenes .......................................... -0.05 0.27 0.21 -0.18 -0.08 0.27 0.20 -0.1 7 -0.0 3 0.2 6 0.18 -0.1 7 0.06 0.0 5 0.0 6 Renewable Fuels and Oxygenate Plant Net Production Natural Gasoline (Pentanes Plus) ..................

. -0.02 -0.02 -0.02 -0.02 -0.02 -0.02 -0.02 -0.0 2 -0.0 2 -0.0 2 -0.0 2 -0.0 2 -0.02 -0.0 2 -0.0 2
HGL Net Imports Ethane ................................................................ -0.02 -0.02 -0.05 -0.06 -0.06 -0.07 -0.07 -0.0 9 -0.1 0 -0.11 -0.1 5 -0.1 7 -0.04 -0.0 7 -0.1 3 Propane/Propylene ............................................ -0.17 -0.34 -0.36 -0.39 -0.40 -0.49 -0.52 -0.58 -0.5 7 -0.6 5 -0.68 -0.7 0 -0.32 -0.5 0 -0.6 5 Butanes/Butylenes ............................................. -0.04 -0.06 -0.09 -0.03 -0.06 -0.09 -0.11 -0.0 9 -0.1 5 -0.1 9 -0.18 -0.1 5 -0.06 -0.0 9 -0.1 7 Natural Gasoline (Pentanes Plus) .....................

. -0.13 -0.16 -0.16 -0.15 -0.17 -0.15 -0.19 -0.1 9 -0.21 -0.2 0 -0.2 2 -0.21 -0.15 -0.1 7 -0.21
HGL Refinery and Blender Net Inputs Butanes/Butylenes ............................................. 0.37 0.28 0.30 0.48 0.40 0.27 0.31 0.4 3 0.3 5 0.29 0.30 0.4 2 0.36 0.3 5 0.34 Natural Gasoline (Pentanes Plus) .....................

. 0.14 0.16 0.16 0.16 0.15 0.14 0.16 0.18 0.1 7 0.18 0.18 0.18 0.15 0.1 6 0.18
HGL Consumption Ethane/Ethylene ................................................. 1.04 0.99 1.10 1.06 1.03 1.02 1.05 1.1 3 1.10 1.09 1.14 1.20 1.05 1.0 6 1.1 3 Propane/Propylene ............................................ 1.46 0.91 1.01 1.30 1.43 0.92 1.01 1.29 1.41 0.9 7 0.99 1.2 7 1.17 1.1 6 1.1 6 Butanes/Butylenes ............................................. 0.15 0.18 0.17 0.22 0.16 0.24 0.23 0.2 2 0.18 0.2 3 0.2 2 0.2 3 0.18 0.21 0.2 2 Natural Gasoline (Pentanes Plus) .....................

. 0.05 0.04 0.04 0.08 0.10 0.09 0.10 0.0 7 0.04 0.0 5 0.0 5 0.0 6 0.05 0.09 0.0 5
HGL Inventories (million barrels ) Ethane/Ethylene ................................................. 30.03 37.15 38.95 36.45 31.38 31.65 31.55 32.35 31.7 7 35.89 36.58 34.88 35.67 31.74 34.79 Propane/Propylene ............................................ 28.81 57.90 81.41 77.95 58.10 84.20 100.12 87.08 63.91 78.2 6 89.6 3 76.38 77.95 87.08 76.38 Butanes/Butylenes ............................................. 26.31 52.35 72.40 41.95 32.46 59.42 75.93 51.0 6 43.24 61.8 2 74.55 45.31 41.95 51.0 6 45.31 Natural Gasoline (Pentanes Plus) .....................

. 13.99 15.77 20.39 20.61 17.16 20.51 19.76 18.91 17.9 6 19.5 3 20.8 2 20.00 20.61 18.91 20.00
Refinery and Blender Net Inputs Crude OIl .............................................................. 15.19 15.88 16.36 15.96 15.53 16.48 16.55 15.83 15.48 16.48 16.64 15.87 15.85 16.10 16.12 Hydrocarbon Gas Liquids .................................... 0.52 0.43 0.46 0.64 0.54 0.40 0.47 0.61 0.52 0.47 0.48 0.60 0.51 0.51 0.52 Other Hydrocarbons/Oxygenates ........................ 1.09 1.16 1.16 1.14 1.12 1.18 1.20 1.20 1.15 1.20 1.24 1.21 1.14 1.17 1.20 Unfinished Oils ..................................................... 0.26 0.51 0.41 0.45 0.24 0.22 0.37 0.41 0.25 0.34 0.39 0.42 0.41 0.31 0.35 Motor Gasoline Blend Components ..................... 0.55 1.00 0.80 0.33 0.72 0.91 0.74 0.60 0.60 0.85 0.63 0.45 0.67 0.74 0.63 Aviation Gasoline Blend Components ................. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Total Refinery and Blender Net Inputs .................... 17.60 18.98 19.18 18.51 18.14 19.18 19.33 18.65 18.00 19.33 19.38 18.55 18.57 18.83 18.82

Refinery Processing Gain .................................. 1.05 1.07 1.10 1.10 0.99 1.02 1.10 1.08 1.05 1.07 1.10 1.09 1.08 1.05 1.07

Refinery and Blender Net Production Hydrocarbon Gas Liquids .................................... 0.53 0.87 0.80 0.41 0.47 0.86 0.78 0.42 0.55 0.87 0.78 0.42 0.65 0.63 0.65 Finished Motor Gasoline ...................................... 9.11 9.77 9.71 9.69 9.48 9.83 9.94 9.83 9.38 9.85 9.82 9.71 9.57 9.77 9.69 Jet Fuel ................................................................. 1.45 1.50 1.64 1.57 1.50 1.61 1.61 1.53 1.48 1.60 1.62 1.49 1.54 1.56 1.55 Distillate Fuel ........................................................ 4.69 4.97 5.00 5.00 4.82 4.99 5.06 4.98 4.69 5.01 5.09 5.05 4.92 4.96 4.96 Residual Fuel ....................................................... 0.46 0.44 0.42 0.43 0.43 0.44 0.41 0.41 0.45 0.45 0.43 0.42 0.44 0.42 0.44 Other Oils (a) ........................................................ 2.42 2.50 2.70 2.52 2.44 2.48 2.63 2.57 2.49 2.62 2.74 2.55 2.54 2.53 2.60 Total Refinery and Blender Net Production ............ 18.65 20.05 20.28 19.62 19.13 20.20 20.43 19.73 19.05 20.40 20.48 19.63 19.65 19.88 19.89

Refinery Distillation Inputs ................................ 15.52 16.18 16.65 16.26 15.78 16.69 16.82 16.15 15.81 16.69 16.91 16.19 16.16 16.36 16.40 Refinery Operable Distillation Capacity ........... 17.93 17.91 17.83 17.82 17.88 17.98 18.05 18.06 18.09 18.09 18.25 18.33 17.87 17.99 18.19 Refinery Distillation Utilization Factor .............. 0.87 0.90 0.93 0.91 0.88 0.93 0.93 0.89 0.87 0.92 0.93 0.88 0.90 0.91 0.90 

### Table 4b. U.S. Hydrocarbon Gas Liquids (HGL) and Petroleum Refinery Balances (million barrels per day, except inventories and utilization factor) U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016 Year

Projections: EIA Regional Short-Term Energy Model. - = no data available (a) "Other Oils" includes aviation gasoline blend components, finished aviation gasoline, kerosene, petrochemical feedstocks, s pecial naphthas, lubricants, waxes, petroleum coke, asphalt and road oil, still gas, and miscellaneous products. Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and fore casts in italics. Historical data : Latest data available from Energy Information Administration databases supporting the following reports: Petroleum Supply Monthly , DOE/EIA-0109; Petroleum Supply Annual , DOE/EIA-0340/2; Weekly Petroleum Status Report , DOE/EIA-0208. Minor discrepancies with published historical data are due to independent rounding.1st 2nd 3rd 4th 1st 2nd 3rd 4th 1st 2nd 3rd 4th 2014 2015 2016 Prices (cents per gallon) Refiner Wholesale Price ...................... 272 298 276 203 159 201 183 140 146 177 175 151 262 171 162 Gasoline Regular Grade Retail Prices Including Taxes PADD 1 .............................................. 344 365 348 292 228 259 247 211 215 244 244 228 337 237 233 PADD 2 .............................................. 337 365 343 279 216 256 253 218 209 245 244 217 331 236 229 PADD 3 .............................................. 318 345 329 265 204 240 229 192 194 226 224 200 314 216 211 PADD 4 .............................................. 326 351 363 297 207 261 277 220 199 236 246 221 335 242 226 PADD 5 .............................................. 362 401 386 315 271 328 327 255 240 277 277 253 366 296 262 U.S. Average ................................... 340 368 350 288 227 267 260 218 214 247 247 224 336 243 233 Gasoline All Grades Including Taxes 348 375 358 296 236 275 269 227 223 255 255 233 344 252 242

End-of-period Inventories (million barrels) Total Gasoline Inventories PADD 1 .............................................. 57.7 63.1 55.7 62.1 64.5 61.3 62.8 62.3 61.3 62.1 57.8 61.3 62.1 62.3 61.3 PADD 2 .............................................. 49.1 49.7 47.1 52.4 52.9 50.4 46.9 50.1 51.1 48.8 49.4 50.4 52.4 50.1 50.4 PADD 3 .............................................. 78.5 73.2 74.9 84.2 78.4 74.6 76.9 80.3 79.6 77.5 78.3 81.8 84.2 80.3 81.8 PADD 4 .............................................. 6.4 6.1 7.4 7.9 6.5 6.8 7.1 7.6 7.1 6.9 6.9 7.7 7.9 7.6 7.7 PADD 5 .............................................. 29.9 27.1 27.3 33.7 29.2 28.0 29.9 31.9 30.4 28.0 27.9 31.8 33.7 31.9 31.8 U.S. Total ........................................ 221.6 219.3 212.5 240.4 231.5 221.0 223.6 232.2 229.5 223.2 220.3 232.9 240.4 232.2 232.9 Finished Gasoline Inventories U.S. Total ........................................ 34.4 28.8 28.4 31.2 26.9 25.7 27.7 28.9 26.7 26.3 25.7 27.3 31.2 28.9 27.3 Gasoline Blending Components Inventories U.S. Total ........................................ 187.2 190.5 184.1 209.1 204.6 195.4 195.9 203.3 202.9 196.9 194.6 205.6 209.1 203.3 205.6 

### Table 4c. U.S. Regional Motor Gasoline Prices and Inventories U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016 Year

Petroleum Supply Monthly , DOE/EIA-0109; Petroleum Supply Annual , DOE/EIA-0340/2; and Weekly Petroleum Status Report , DOE/EIA-0208. Minor discrepancies with published historical data are due to independent rounding. Projections: EIA Regional Short-Term Energy Model. - = no data available Prices are not adjusted for inflation. Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and fore casts in italics. Regions refer to Petroleum Administration for Defense Districts (PADD). See “Petroleum for Administration Defense District” in EIA’s Energy Glossary (http://www.eia.doe.gov/glossary/index.html) for a list of States in each region. Historical data : Latest data available from Energy Information Administration databases supporting the following reports: Petroleum Marketing Monthly , DOE/EIA-0380;1s t 2nd 3rd 4th 1s t 2nd 3rd 4th 1s t 2nd 3rd 4th 2014 2015 2016 Supply (billion cubic feet per day) Total Marketed Production ............ 71.75 74.09 76.06 77.60 78.11 79.20 80.59 80.52 80.86 81.01 81.13 81.80 74.89 79.61 81.20 Alaska ...................................... 0.99 0.93 0.87 0.99 0.99 0.93 0.84 0.93 0.98 0.83 0.77 0.91 0.95 0.92 0.87 Federal GOM (a) ....................... 3.31 3.52 3.51 3.43 3.37 3.68 3.77 3.30 3.35 3.30 3.13 3.09 3.44 3.53 3.22 Lower 48 States (excl GOM) ..... 67.45 69.64 71.68 73.19 73.75 74.58 75.98 76.29 76.53 76.87 77.24 77.79 70.51 75.16 77.11 Total Dry Gas Production ............. 67.53 69.73 71.59 73.04 73.67 74.50 75.85 75.78 76.11 76.24 76.36 76.99 70.49 74.96 76.43 LNG Gross Imports ..................... 0.17 0.17 0.15 0.16 0.43 0.08 0.26 0.17 0.14 0.16 0.17 0.15 0.16 0.23 0.15 LNG Gross Exports ..................... 0.03 0.02 0.09 0.03 0.06 0.06 0.06 0.00 0.19 0.62 0.72 1.07 0.04 0.05 0.65 Pipeline Gross Imports ................ 8.44 6.52 6.47 7.47 8.36 6.68 6.52 6.72 7.04 6.02 6.34 6.52 7.22 7.07 6.48 Pipeline Gross Exports ................ 4.67 3.89 3.85 4.02 4.86 4.37 4.66 5.05 5.16 4.96 5.14 5.30 4.10 4.73 5.14 Supplemental Gaseous Fuels ...... 0.16 0.16 0.17 0.17 0.17 0.16 0.14 0.16 0.17 0.17 0.17 0.17 0.16 0.16 0.17 Net Inventory Withdrawals ........... 22.75 -12.71 -12.96 0.54 18.48 -12.99 -10.27 2.46 16.67 -10.38 -9.48 2.65 -0.69 -0.65 -0.15 Total Supply ................................... 94.35 59.96 61.47 77.33 96.19 64.01 67.78 80.25 94.78 66.63 67.70 80.10 73.20 76.99 77.28 Balancing Item (b) .......................... 0.48 0.93 -0.11 -1.49 0.55 0.01 -1.71 -1.59 -0.70 -0.90 -0.19 -0.21 -0.06 -0.69 -0.50 Total Primary Supply ....................... 94.83 60.89 61.36 75.84 96.74 64.01 66.07 78.65 94.08 65.73 67.51 79.89 73.15 76.29 76.79

Consumption (billion cubic feet per day) Residential ................................... 28.78 7.53 3.69 16.01 27.53 6.90 3.50 15.44 25.45 7.38 3.86 16.42 13.94 13.28 13.26 Commercial ................................. 16.48 6.26 4.61 10.77 16.01 5.85 4.37 10.43 14.59 6.00 4.61 10.71 9.50 9.14 8.97 Industrial ..................................... 22.85 19.94 19.55 21.24 22.69 19.62 19.37 22.07 23.17 20.79 20.61 22.67 20.89 20.93 21.81 Electric Power (c) ......................... 19.68 21.12 27.34 21.09 23.10 25.20 32.25 23.70 23.32 24.95 31.76 22.98 22.33 26.08 25.76 Lease and Plant Fuel ................... 3.94 4.07 4.17 4.26 4.29 4.35 4.42 4.42 4.44 4.45 4.45 4.49 4.11 4.37 4.46 Pipeline and Distribution Use ....... 3.01 1.88 1.90 2.37 3.03 2.00 2.07 2.49 3.01 2.06 2.12 2.53 2.29 2.39 2.43 Vehicle Use ................................. 0.10 0.10 0.10 0.10 0.09 0.09 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.09 0.10 Total Consumption ......................... 94.83 60.89 61.36 75.84 96.74 64.01 66.07 78.65 94.08 65.73 67.51 79.89 73.15 76.29 76.79

End-of-period Inventories (billion cubic feet) Working Gas Inventory ................ 857 2,005 3,187 3,141 1,483 2,658 3,606 3,379 1,862 2,807 3,678 3,435 3,141 3,379 3,435 Producing Region (d) ................ 358 691 952 1,071 604 1,038 1,253 1,236 779 1,064 1,238 1,260 1,071 1,236 1,260 East Consuming Region (d) ...... 316 952 1,753 1,607 501 1,150 1,845 1,666 739 1,259 1,871 1,639 1,607 1,666 1,639 West Consuming Region (d) .... 184 362 482 464 378 469 508 478 344 483 569 536 464 478 536 

### Table 5a. U.S. Natural Gas Supply, Consumption, and Inventories U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016 Year

LNG: liquefied natural gas. Historical data : Latest data available from Energy Information Administration databases supporting the following reports: Natural Gas Monthly , DOE/EIA-0130; and Electric Power Monthly , DOE/EIA-0226. Minor discrepancies with published historical data are due to independent rounding. Projections: EIA Regional Short-Term Energy Model. - = no data available (a) Marketed production from U.S. Federal leases in the Gulf of Mexico. (b) The balancing item represents the difference between the sum of the components of natural gas supply and the sum of compone nts of natural gas demand. (c) Natural gas used for electricity generation and (a limited amount of) useful thermal output by electric utilities and indep endent power producers. (d) For a list of States in each inventory region refer to Methodology for EIA Weekly Underground Natural Gas Storage Estimates (http://tonto.eia.doe.gov/oog/info/ngs/methodology.html). Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and fore casts in italics.1s t 2nd 3rd 4th 1s t 2nd 3rd 4th 1s t 2nd 3rd 4th 2014 2015 2016 Wholesale/Spot Henry Hub Spot Price ........ 5.36 4.75 4.08 3.91 2.99 2.83 2.84 2.41 2.91 2.94 3.14 3.36 4.52 2.77 3.09 Residential New England ..................... 13.67 15.99 18.04 14.41 13.09 13.33 15.90 12.58 12.04 13.87 16.70 13.22 14.53 13.16 12.97 Middle Atlantic ................... 10.71 13.08 17.38 11.10 9.53 11.20 16.39 11.44 10.36 13.02 17.45 11.94 11.58 10.66 11.65 E. N. Central ...................... 8.67 12.89 16.94 8.97 7.78 10.58 16.28 8.22 7.29 10.87 16.59 8.50 9.70 8.70 8.64 W. N. Central ..................... 9.02 11.78 18.17 10.04 8.66 11.85 17.17 8.48 7.26 10.13 16.84 9.09 10.13 9.42 8.69 S. Atlantic .......................... 11.25 16.24 22.79 12.70 10.70 16.68 22.19 12.28 10.88 16.15 22.25 12.74 12.91 12.46 12.72 E. S. Central ...................... 9.63 14.12 19.75 11.14 9.34 14.36 18.35 10.17 8.49 12.82 18.22 10.91 11.02 10.50 10.17 W. S. Central ..................... 8.60 14.35 20.45 11.69 8.45 13.94 19.58 10.34 7.30 12.16 18.06 10.61 10.92 10.35 9.50 Mountain ........................... 9.09 11.23 15.15 9.88 9.57 10.87 14.36 9.33 8.39 9.38 13.28 8.71 10.14 10.07 9.01 Pacific ................................ 10.95 11.69 12.38 11.21 11.46 11.40 11.80 9.51 9.24 10.08 10.78 9.81 11.35 10.87 9.77 U.S. Average .................. 9.82 13.11 16.94 10.52 9.29 11.96 16.18 9.78 8.70 11.72 16.00 10.12 10.94 10.24 10.09 Commercial New England ..................... 11.54 12.94 11.86 11.43 10.77 10.11 9.48 9.68 10.00 9.91 10.09 10.39 11.78 10.29 10.11 Middle Atlantic ................... 9.31 9.03 8.05 8.05 7.91 7.48 6.72 7.28 7.76 7.55 7.56 8.32 8.78 7.57 7.85 E. N. Central ...................... 7.96 9.95 10.10 7.55 6.95 7.51 8.76 6.85 6.82 8.07 9.06 7.31 8.26 7.13 7.31 W. N. Central ..................... 8.24 9.21 10.18 8.31 7.65 7.98 8.90 6.89 6.98 7.49 8.73 7.40 8.53 7.54 7.32 S. Atlantic .......................... 9.27 10.59 10.94 9.52 8.48 9.21 9.68 8.71 8.68 9.53 10.30 9.39 9.73 8.79 9.22 E. S. Central ...................... 8.86 10.68 11.15 9.54 8.54 9.62 9.83 8.52 7.87 8.87 9.71 8.98 9.52 8.80 8.54 W. S. Central ..................... 7.58 9.33 9.35 8.33 7.15 7.21 7.94 6.76 6.43 7.32 8.03 7.42 8.32 7.17 7.06 Mountain ........................... 7.79 8.72 9.89 8.46 8.27 8.34 8.96 7.83 7.35 7.50 8.73 7.79 8.38 8.21 7.65 Pacific ................................ 9.29 9.32 9.53 9.26 9.20 8.43 8.68 8.50 8.50 8.52 8.91 8.67 9.32 8.73 8.62 U.S. Average .................. 8.65 9.66 9.69 8.51 7.94 8.13 8.45 7.61 7.56 8.10 8.80 8.15 8.87 7.93 7.96 Industrial New England ..................... 10.14 10.05 8.13 9.14 9.10 7.61 6.21 7.86 8.35 8.00 7.95 9.00 9.53 8.05 8.37 Middle Atlantic ................... 9.85 9.24 8.73 8.58 8.31 7.56 7.76 7.85 7.77 7.09 7.53 8.21 9.33 8.01 7.73 E. N. Central ...................... 8.03 8.86 7.75 6.85 6.41 5.65 5.63 5.51 5.98 5.79 6.09 6.25 7.80 5.95 6.04 W. N. Central ..................... 7.29 6.25 5.91 6.32 5.81 4.59 4.51 4.80 5.01 4.47 4.61 5.12 6.54 5.00 4.84 S. Atlantic .......................... 6.90 6.37 5.91 6.00 5.46 4.50 4.61 4.64 4.91 4.92 5.14 5.49 6.32 4.82 5.12 E. S. Central ...................... 6.34 6.11 5.37 5.55 5.15 4.28 4.21 4.26 4.69 4.55 4.78 5.15 5.87 4.51 4.79 W. S. Central ..................... 5.15 4.92 4.52 4.26 3.21 2.92 3.06 2.61 2.94 3.07 3.42 3.56 4.72 2.94 3.25 Mountain ........................... 6.66 6.79 6.90 6.76 6.61 6.22 6.06 5.69 5.15 4.94 5.65 5.78 6.76 6.17 5.37 Pacific ................................ 7.79 7.68 7.63 7.48 7.32 6.57 6.51 6.06 5.71 5.69 6.33 6.53 7.65 6.61 6.07 U.S. Average .................. 6.19 5.64 5.08 5.18 4.57 3.68 3.67 3.57 4.02 3.78 4.03 4.45 5.55 3.89 4.08 

### Table 5b. U.S. Regional Natural Gas Prices (dollars per thousand cubic fee t U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016 Year

Natural gas Henry Hub spot price from Reuter's News Service (http://www.reuters.com). Minor discrepancies with published historical data are due to independent rounding. Projections: EIA Regional Short-Term Energy Model. - = no data available Prices are not adjusted for inflation. Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and fore casts in italics. Regions refer to U.S. Census divisions. See "Census division" in EIA’s Energy Glossary (http://www.eia.doe.gov/glossary/index.html) for a list of States in each region

. Historical data : Latest data available from Energy Information Administration databases supporting the Natural Gas Monthly , DOE/EIA-0130.1s t 2nd 3rd 4th 1s t 2nd 3rd 4th 1s t 2nd 3rd 4th 2014 2015 2016 Supply (million short tons) Production ........................................... 245.2 245.8 255.3 253.3 240.2 210.7 232.4 224.3 222.4 212.4 225.4 220.2 999.7 907.5 880.4 Appalachia ....................................... 67.5 69.7 67.5 63.5 62.3 57.7 60.3 54.6 58.7 58.1 54.4 53.1 268.2 234.9 224.2 Interior .............................................. 46.3 44.8 49.3 48.3 45.2 39.7 44.8 45.1 44.3 44.1 46.2 44.9 188.7 174.9 179.6 Western ........................................... 131.4 131.4 138.5 141.5 132.7 113.2 127.2 124.6 119.4 110.2 124.8 122.3 542.8 497.7 476.7 Primary Inventory Withdrawals ............. -0.5 0.6 2.4 -1.5 -0.7 0.3 3.1 -1.6 -1.0 0.7 2.9 -1.6 0.9 1.1 1.0 Imports ................................................ 2.4 3.6 3.2 2.2 3.0 2.6 3.1 2.9 2.2 2.4 3.3 2.9 11.3 11.6 10.8 Exports ................................................ 27.6 24.7 22.7 22.3 22.0 19.8 17.7 19.7 16.7 19.7 17.2 18.7 97.3 79.2 72.3 Metallurgical Coal ............................. 16.0 15.2 14.4 14.5 13.5 12.7 10.4 11.1 11.4 11.8 9.9 11.2 60.1 47.8 44.2 Steam Coal ...................................... 11.6 9.5 8.3 7.8 8.5 7.0 7.4 8.6 5.3 8.0 7.3 7.5 37.2 31.4 28.1 Total Primary Supply .............................. 219.5 225.3 238.1 231.7 220.5 193.9 220.8 205.8 207.0 195.8 214.4 202.8 914.7 841.0 819.9

Secondary Inventory Withdrawals ........ 30.6 -14.8 8.4 -28.0 -3.3 -13.0 13.7 -3.9 0.2 -5.6 14.9 -5.0 -3.8 -6.4 4.5 Waste Coal (a) .................................... 3.2 2.8 2.6 2.6 2.7 2.7 2.7 2.7 2.8 2.8 2.8 2.8 11.2 10.8 11.1 Total Supply ........................................... 253.4 213.3 249.2 206.3 219.9 183.6 237.2 204.6 209.9 193.0 232.0 200.5 922.1 845.4 835.5

Consumption (million short tons) Coke Plants ......................................... 4.8 5.1 5.2 5.2 4.4 4.4 5.1 5.0 4.3 4.0 4.9 4.8 20.4 18.9 18.1 Electric Power Sector (b) ..................... 231.3 196.0 231.2 193.0 196.5 174.6 215.4 186.9 194.0 178.2 216.4 184.4 851.4 773.4 773.0 Retail and Other Industry ..................... 12.0 10.9 11.0 11.1 11.4 10.4 10.6 11.2 11.6 10.8 10.7 11.3 45.0 43.5 44.4 Residential and Commercial ............. 0.7 0.4 0.4 0.7 0.8 0.6 0.6 0.8 0.9 0.6 0.5 0.7 2.2 2.8 2.7 Other Industrial ................................. 11.3 10.5 10.6 10.4 10.6 9.8 9.9 10.4 10.7 10.2 10.2 10.6 42.8 40.7 41.7 Total Consumption ................................ 248.2 212.0 247.4 209.3 212.3 189.4 231.0 203.1 209.9 193.0 232.0 200.5 916.9 835.8 835.5

Discrepancy (c) 5.2 1.2 1.8 -3.0 7.7 -5.8 6.2 1.5 0.0 0.0 0.0 0.0 5.2 9.6 0.0

End-of-period Inventories (million short tons) Primary Inventories (d) ......................... 46.2 45.6 43.2 44.7 45.5 45.2 42.1 43.7 44.7 44.0 41.1 42.7 44.7 43.7 42.7 Secondary Inventories ......................... 124.0 138.9 130.5 158.4 161.7 174.7 161.0 164.9 164.7 170.3 155.4 160.4 158.4 164.9 160.4 Electric Power Sector ........................ 118.3 132.9 123.8 151.4 155.6 167.8 153.5 157.1 157.9 162.9 147.5 152.2 151.4 157.1 152.2 Retail and General Industry .............. 3.5 3.6 4.4 4.8 4.1 4.5 5.1 5.5 4.8 5.0 5.6 5.9 4.8 5.5 5.9 Coke Plants ...................................... 1.8 1.9 1.8 1.9 1.6 1.9 1.9 1.9 1.6 1.9 1.8 1.8 1.9 1.9 1.8

Coal Market Indicators Coal Miner Productivity (Tons per hour) ................................. 5.47 5.47 5.47 5.47 5.61 5.61 5.61 5.61 5.46 5.46 5.46 5.46 5.47 5.61 5.46 Total Raw Steel Production (Million short tons per day) ................ 0.262 0.263 0.271 0.262 0.247 0.242 0.248 0.235 0.242 0.234 0.236 0.214 0.264 0.243 0.231 Cost of Coal to Electric Utilities (Dollars per million Btu) .................... 2.33 2.39 2.37 2.37 2.26 2.25 2.23 2.26 2.24 2.28 2.28 2.23 2.36 2.25 2.26 

### Table 6. U.S. Coal Supply, Consumption, and Inventories U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016 Year

Historical data : Latest data available from Energy Information Administration databases supporting the following reports: Quarterly Coal Report , DOE/EIA-0121; and Electric Power Monthly , DOE/EIA-0226. Minor discrepancies with published historical data are due to independent rounding. Projections: EIA Regional Short-Term Energy Model. - = no data available (a) Waste coal includes waste coal and cloal slurry reprocessed into briquettes. (b) Coal used for electricity generation and (a limited amount of) useful thermal output by electric utilities and independent power producers. (c) The discrepancy reflects an unaccounted-for shipper and receiver reporting difference, assumed to be zero in the forecast p eriod. (d) Primary stocks are held at the mines and distribution points. Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and fore casts in italics.1st 2nd 3rd 4th 1st 2nd 3rd 4th 1st 2nd 3rd 4th 2014 2015 2016

Electricity Generation ......................... 11.49 10.77 12.06 10.54 11.33 10.74 12.41 10.56 11.06 10.94 12.49 10.72 11.21 11.26 11.30 Electric Power Sector (a) ................ 11.04 10.36 11.62 10.11 10.91 10.33 11.97 10.13 10.64 10.53 12.04 10.28 10.78 10.83 10.88 Comm. and Indus. Sectors (b) ....... 0.44 0.41 0.44 0.42 0.42 0.41 0.45 0.44 0.42 0.40 0.45 0.44 0.43 0.43 0.43 Net Imports ....................................... 0.11 0.12 0.16 0.14 0.17 0.20 0.20 0.13 0.12 0.11 0.14 0.09 0.13 0.17 0.12 Total Supply ....................................... 11.59 10.89 12.22 10.68 11.50 10.94 12.62 10.69 11.18 11.05 12.63 10.81 11.35 11.44 11.42 Losses and Unaccounted for (c) ...... 0.72 0.86 0.76 0.73 0.77 0.90 0.82 0.69 0.60 0.91 0.78 0.72 0.77 0.80 0.75

Retail Sales ........................................ 10.48 9.67 11.07 9.58 10.36 9.68 11.40 9.62 10.21 9.79 11.45 9.71 10.20 10.27 10.29 Residential Sector ........................... 4.31 3.36 4.26 3.45 4.19 3.35 4.52 3.48 4.04 3.43 4.52 3.51 3.84 3.88 3.87 Commercial Sector ......................... 3.62 3.65 4.06 3.54 3.61 3.67 4.13 3.56 3.62 3.69 4.18 3.59 3.72 3.74 3.77 Industrial Sector .............................. 2.52 2.65 2.73 2.57 2.53 2.64 2.73 2.57 2.53 2.65 2.74 2.59 2.62 2.62 2.63 Transportation Sector ..................... 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 Direct Use (d) ..................................... 0.39 0.36 0.39 0.37 0.37 0.36 0.39 0.38 0.37 0.35 0.39 0.39 0.38 0.38 0.37 Total Consumption ............................ 10.87 10.04 11.46 9.95 10.73 10.04 11.79 10.00 10.58 10.14 11.84 10.09 10.58 10.64 10.67 Average residential electricity usage per customer (kWh) ................ 3,032 2,379 3,054 2,472 2,917 2,349 3,199 2,454 2,814 2,382 3,167 2,452 10,937 10,919 10,814

Prices

Coal ................................................. 2.33 2.39 2.37 2.37 2.26 2.25 2.23 2.26 2.24 2.28 2.28 2.23 2.36 2.25 2.26 Natural Gas ..................................... 6.82 4.93 4.25 4.30 4.09 3.12 3.16 3.36 3.92 3.52 3.53 4.26 4.98 3.40 3.78 Residual Fuel Oil ............................. 19.97 20.44 19.75 14.72 10.82 11.64 10.92 9.86 9.95 11.11 11.43 11.36 19.18 10.80 10.95 Distillate Fuel Oil .............................. 23.40 22.77 21.88 18.72 15.39 15.18 13.53 13.45 14.25 14.66 15.06 15.58 22.34 14.64 14.84

Residential Sector ........................... 11.91 12.73 13.01 12.38 12.24 12.85 12.92 12.19 12.16 12.83 13.13 12.48 12.50 12.56 12.66 Commercial Sector ......................... 10.55 10.68 11.11 10.59 10.50 10.56 11.02 10.66 10.69 10.81 11.28 10.88 10.75 10.69 10.93 Industrial Sector .............................. 6.99 6.92 7.36 6.76 6.76 6.73 7.32 6.89 6.92 6.89 7.48 7.00 7.01 6.93 7.08

Prices are not adjusted for inflation. 

### Table 7a. U.S. Electricity Industry Overview U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016 Year
Electricity Supply (billion kilowatthours per day)

Electricity Consumption (billion kilowatthours per day unless noted)

Power Generation Fuel Costs (dollars per million Btu)

End-Use Prices (cents per kilowatthour)

- = no data available. kWh = kilowatthours. Btu = British thermal units.

Historical data: Latest data available from Energy Information Administration databases supporting the following reports: Electric Power Monthly , DOE/EIA-0226; and Electric Power Annual , DOE/EIA-0348. Minor discrepancies with published historical data are due to independent rounding. Projections: EIA Regional Short-Term Energy Model. (a) Generation supplied by electricity-only and combined-heat-and-power (CHP) plants operated by electric utilities and indepen dent power producers. (b) Generation supplied by CHP and electricity-only plants operated by businesses in the commercial and industrial sectors, pri marily for onsite use. (c) Includes transmission and distribution losses, data collection time-frame differences, and estimation error. (d) Direct Use represents commercial and industrial facility use of onsite net electricity generation; and electrical sales or transfers to adjacent or colocated facilities for which revenue information is not available. See Table 7.6 of the EIA Monthly Energy Review

. Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and fore casts in italics.1st 2nd 3rd 4th 1st 2nd 3rd 4th 1st 2nd 3rd 4th 2014 2015 2016 Residential Sector New England ............... 153 111 136 118 152 111 143 121 143 114 140 121 129 132 130 Middle Atlantic ............. 423 315 386 323 423 321 420 327 396 323 416 326 362 373 365 E. N. Central ................ 619 447 515 481 588 428 554 475 558 442 565 483 515 511 512 W. N. Central ............... 357 250 296 270 325 232 308 264 318 240 310 268 293 282 284 S. Atlantic .................... 1,083 860 1,092 864 1,072 889 1,148 866 1,022 887 1,156 878 975 994 986 E. S. Central ................ 404 277 364 290 390 276 387 285 364 285 386 287 334 334 331 W. S. Central ............... 615 500 731 499 602 503 790 514 575 541 770 512 587 603 600 Mountain ...................... 237 242 320 228 234 240 336 231 244 244 345 237 257 260 268 Pacific contiguous ....... 418 346 421 382 394 336 421 379 404 338 416 381 392 382 385 AK and HI ..................... 14 12 12 13 13 11 13 13 13 12 12 13 13 13 13 Total .......................... 4,322 3,361 4,275 3,468 4,194 3,348 4,520 3,476 4,037 3,426 4,516 3,506 3,855 3,884 3,872 Commercial Sector New England ............... 149 139 155 140 148 139 160 138 145 140 157 138 145 146 145 Middle Atlantic ............. 444 414 463 411 444 416 476 407 438 415 475 407 433 436 434 E. N. Central ................ 510 490 524 480 510 490 542 482 508 497 556 491 501 506 513 W. N. Central ............... 280 267 291 266 281 269 305 272 283 274 312 278 276 282 287 S. Atlantic .................... 804 843 921 794 805 859 934 801 806 851 945 814 841 850 854 E. S. Central ................ 241 240 274 228 235 239 282 228 236 239 286 232 246 246 248 W. S. Central ............... 498 526 617 510 496 529 630 514 506 536 635 516 538 543 548 Mountain ...................... 239 257 286 247 239 256 288 243 245 262 299 248 257 257 264 Pacific contiguous ....... 432 440 484 448 434 458 496 452 439 464 494 450 451 460 462 AK and HI ..................... 16 16 16 17 16 16 17 17 16 16 17 17 16 16 16 Total .......................... 3,612 3,631 4,032 3,540 3,609 3,671 4,129 3,556 3,623 3,694 4,176 3,591 3,705 3,742 3,772 Industrial Sector New England ............... 51 52 55 52 49 51 52 50 48 51 52 50 52 50 50 Middle Atlantic ............. 204 201 208 197 198 196 202 196 204 198 204 198 202 198 201 E. N. Central ................ 543 550 564 540 520 525 529 503 513 516 525 504 549 519 514 W. N. Central ............... 245 256 269 254 237 242 256 251 240 246 260 253 256 246 250 S. Atlantic .................... 371 396 403 383 376 407 404 377 371 401 403 383 388 391 390 E. S. Central ................ 287 295 304 291 279 287 290 276 279 291 294 285 294 283 287 W. S. Central ............... 464 501 509 480 428 457 483 448 435 469 483 451 489 454 460 Mountain ...................... 212 240 254 221 217 235 253 226 220 241 260 232 232 233 238 Pacific contiguous ....... 232 260 285 247 216 226 251 230 207 220 244 220 256 231 223 AK and HI ..................... 13 14 14 14 13 13 15 14 13 13 15 14 14 14 14 Total .......................... 2,622 2,764 2,865 2,679 2,531 2,641 2,734 2,570 2,531 2,647 2,739 2,589 2,733 2,619 2,627 Total All Sectors (a) New England ............... 354 303 347 311 350 304 356 311 338 307 351 311 329 330 327 Middle Atlantic ............. 1,082 941 1,068 941 1,077 944 1,109 939 1,050 947 1,107 942 1,008 1,017 1,012 E. N. Central ................ 1,674 1,489 1,604 1,502 1,620 1,445 1,626 1,462 1,581 1,456 1,647 1,480 1,567 1,538 1,541 W. N. Central ............... 882 772 856 790 843 744 869 787 842 761 882 799 825 811 821 S. Atlantic .................... 2,261 2,102 2,420 2,045 2,256 2,159 2,489 2,048 2,203 2,143 2,507 2,078 2,207 2,238 2,233 E. S. Central ................ 932 812 943 809 904 802 960 790 879 815 967 803 874 864 866 W. S. Central ............... 1,578 1,528 1,858 1,489 1,527 1,489 1,904 1,477 1,517 1,547 1,888 1,480 1,614 1,600 1,608 Mountain ...................... 688 739 861 696 690 731 877 701 709 747 904 718 746 750 770 Pacific contiguous ....... 1,084 1,049 1,193 1,080 1,046 1,022 1,170 1,063 1,053 1,024 1,156 1,053 1,102 1,076 1,072 AK and HI ..................... 44 41 43 44 42 41 44 44 43 41 44 44 43 43 43 Total .......................... 10,579 9,777 11,193 9,707 10,356 9,681 11,404 9,622 10,214 9,788 11,453 9,708 10,314 10,267 10,292 

### Table 7b. U.S. Regional Electricity Retail Sales (Million Kilowatthours per Day) U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016 Year

Historical data: Latest data available from Energy Information Administration databases supporting the following reports: Electric Power Monthly , DOE/EIA-0226; and Electric Power Annual , DOE/EIA-0348. Minor discrepancies with published historical data are due to independent rounding. Projections: EIA Regional Short-Term Energy Model. - = no data available (a) Total retail sales to all sectors includes residential, commercial, industrial, and transportation sector sales. Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and fore casts in italics. Retail Sales represents total retail electricity sales by electric utilities and power marketers. Regions refer to U.S. Census divisions. See "Census division" in EIA’s Energy Glossary (http://www.eia.doe.gov/glossary/index.html) for a list of States in each region

.1st 2nd 3rd 4th 1st 2nd 3rd 4th 1st 2nd 3rd 4th 2014 2015 2016 Residential Sector New England .............. 17.42 18.01 17.59 18.32 20.42 20.31 18.07 18.44 19.06 19.00 18.59 19.40 17.80 19.29 19.00 Middle Atlantic ............ 16.23 16.53 16.69 16.00 15.76 16.07 16.45 16.11 16.16 16.47 17.00 16.72 16.37 16.10 16.59 E. N. Central ............... 11.72 13.12 13.14 12.84 12.22 13.19 13.08 12.86 12.42 13.46 13.51 13.38 12.65 12.81 13.17 W. N. Central .............. 9.98 11.74 12.25 10.61 10.25 12.16 12.39 10.77 10.48 12.40 12.75 11.08 11.08 11.35 11.65 S. Atlantic ................... 11.27 11.95 12.09 11.57 11.39 11.91 12.10 11.28 11.09 11.67 12.03 11.39 11.72 11.69 11.56 E. S. Central ............... 10.29 11.21 10.95 10.65 10.34 11.16 10.85 10.55 10.57 11.46 11.38 11.13 10.74 10.70 11.12 W. S. Central .............. 10.44 11.47 11.42 11.10 10.67 11.36 10.99 10.50 10.30 11.09 11.15 10.88 11.11 10.88 10.88 Mountain ..................... 10.91 11.95 12.27 11.23 11.31 12.21 12.30 11.38 11.54 12.52 12.66 11.74 11.65 11.85 12.17 Pacific ......................... 12.89 12.73 15.47 13.14 13.68 13.46 15.69 12.71 13.54 13.58 15.50 12.25 13.61 13.95 13.76 U.S. Average ........... 11.91 12.73 13.01 12.38 12.24 12.85 12.92 12.19 12.16 12.83 13.13 12.48 12.50 12.56 12.66 Commercial Sector New England .............. 15.69 14.30 14.41 14.39 16.93 15.18 14.67 14.89 17.73 16.15 15.75 16.03 14.70 15.40 16.40 Middle Atlantic ............ 14.29 13.32 13.94 12.98 13.18 12.98 13.75 13.20 13.33 13.27 14.06 13.54 13.65 13.29 13.57 E. N. Central ............... 9.81 10.14 10.16 10.06 9.75 9.94 10.02 10.06 9.84 10.04 10.14 10.05 10.04 9.94 10.02 W. N. Central .............. 8.68 9.51 9.96 8.82 8.57 9.52 9.97 8.96 8.77 9.77 10.27 9.20 9.25 9.27 9.52 S. Atlantic ................... 9.73 9.61 9.80 9.58 9.68 9.45 9.81 9.77 9.87 9.67 10.06 9.92 9.68 9.68 9.89 E. S. Central ............... 10.26 10.52 10.36 10.23 10.22 10.35 10.25 10.84 10.72 10.72 10.56 11.01 10.34 10.40 10.74 W. S. Central .............. 8.15 8.38 8.32 8.20 8.05 7.90 7.98 8.01 8.14 8.10 8.19 8.20 8.27 7.98 8.16 Mountain ..................... 9.11 9.89 10.14 9.35 9.39 9.95 10.19 9.55 9.62 10.22 10.46 9.78 9.65 9.79 10.05 Pacific ......................... 11.72 13.15 15.58 13.66 12.30 13.40 15.56 13.28 12.56 13.64 15.91 13.64 13.60 13.70 14.00 U.S. Average ........... 10.55 10.68 11.11 10.59 10.50 10.56 11.02 10.66 10.69 10.81 11.28 10.88 10.75 10.69 10.93 Industrial Sector New England .............. 12.94 11.42 11.35 11.08 13.18 11.72 12.00 12.65 14.83 12.80 12.87 13.43 11.68 12.37 13.46 Middle Atlantic ............ 8.66 7.24 7.16 6.98 7.87 7.19 7.40 7.26 7.91 7.30 7.48 7.42 7.51 7.43 7.53 E. N. Central ............... 7.17 6.96 7.12 6.90 6.87 6.78 7.11 7.01 6.99 6.94 7.28 7.11 7.04 6.95 7.08 W. N. Central .............. 6.47 6.58 7.22 6.23 6.49 6.88 7.41 6.47 6.68 7.05 7.59 6.57 6.64 6.82 6.98 S. Atlantic ................... 6.76 6.60 6.83 6.43 6.56 6.38 6.91 6.42 6.67 6.55 7.05 6.45 6.66 6.57 6.68 E. S. Central ............... 6.03 6.05 6.55 5.53 5.78 5.95 6.54 5.79 5.90 6.03 6.64 5.76 6.05 6.02 6.09 W. S. Central .............. 5.85 5.99 6.28 5.89 5.65 5.50 5.76 5.47 5.62 5.59 5.87 5.56 6.01 5.60 5.66 Mountain ..................... 6.16 6.60 7.23 6.22 6.18 6.65 7.27 6.44 6.43 6.87 7.48 6.60 6.58 6.66 6.87 Pacific ......................... 7.81 8.57 10.09 9.04 7.83 8.28 10.28 9.71 8.24 8.56 10.59 10.08 8.94 9.09 9.42 U.S. Average ........... 6.99 6.92 7.37 6.76 6.76 6.73 7.32 6.89 6.92 6.89 7.48 7.00 7.01 6.93 7.08 All Sectors (a) New England .............. 16.06 15.19 15.20 15.34 17.90 16.46 15.62 15.88 17.83 16.61 16.43 16.89 15.46 16.47 16.94 Middle Atlantic ............ 14.00 13.13 13.64 12.78 13.20 12.82 13.60 12.96 13.32 13.09 13.92 13.33 13.41 13.17 13.43 E. N. Central ............... 9.69 9.91 10.09 9.86 9.72 9.76 10.11 9.92 9.82 9.98 10.38 10.13 9.89 9.88 10.09 W. N. Central .............. 8.62 9.30 9.94 8.63 8.64 9.49 10.08 8.77 8.82 9.72 10.35 9.00 9.13 9.25 9.48 S. Atlantic ................... 10.00 10.03 10.36 9.86 9.97 9.88 10.40 9.79 9.89 9.91 10.49 9.90 10.08 10.03 10.07 E. S. Central ............... 9.00 9.18 9.41 8.73 8.90 9.05 9.37 8.97 9.13 9.31 9.69 9.19 9.09 9.08 9.34 W. S. Central .............. 8.39 8.65 9.02 8.46 8.41 8.33 8.67 8.11 8.24 8.38 8.80 8.32 8.65 8.40 8.46 Mountain ..................... 8.85 9.54 10.12 9.01 9.03 9.63 10.16 9.15 9.29 9.89 10.45 9.40 9.43 9.54 9.80 Pacific ......................... 11.35 11.91 14.27 12.45 11.89 12.28 14.46 12.29 12.08 12.51 14.63 12.39 12.55 12.79 12.95 U.S. Average ........... 10.25 10.36 10.92 10.21 10.29 10.31 10.88 10.21 10.33 10.46 11.10 10.42 10.45 10.44 10.60 

### Table 7c. U.S. Regional Electricity Prices (Cents per Kilowatthour ) U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016 Year

Historical data: Latest data available from Energy Information Administration databases supporting the following reports: Electric Power Monthly , DOE/EIA-0226; and Electric Power Annual , DOE/EIA-0348. Minor discrepancies with published historical data are due to independent rounding. Projections: EIA Regional Short-Term Energy Model. - = no data available Prices are not adjusted for inflation. (a) Volume-weighted average of retail prices to residential, commercial, industrial, and transportation sectors. Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and fore casts in italics. Regions refer to U.S. Census divisions. See "Census division" in EIA’s Energy Glossary (http://www.eia.doe.gov/glossary/index.html) for a list of States in each region

.1st 2nd 3rd 4th 1st 2nd 3rd 4th 1st 2nd 3rd 4th 2014 2015 2016 United States Coal ............................................... 4,854 4,018 4,610 3,857 4,094 3,516 4,279 3,701 3,948 3,622 4,315 3,656 4,333 3,898 3,886 Natural Gas ................................... 2,725 2,905 3,737 2,963 3,236 3,452 4,360 3,348 3,274 3,400 4,287 3,256 3,085 3,601 3,555 Petroleum (a) ................................ 144 64 65 58 124 61 73 69 83 71 78 69 83 82 75 Other Gases .................................. 29 30 36 36 34 33 39 37 34 33 39 38 33 36 36 Nuclear .......................................... 2,202 2,060 2,289 2,184 2,248 2,133 2,291 2,054 2,144 2,005 2,261 2,129 2,184 2,181 2,135 Renewable Energy Sources: Conventional Hydropower .......... 703 854 655 632 797 688 603 502 673 802 664 626 711 647 691 Wind ........................................... 552 550 368 523 506 531 438 559 608 652 475 613 498 509 587 Wood Biomass ........................... 117 111 120 116 117 109 121 114 116 109 122 117 116 115 116 Waste Biomass .......................... 60 60 61 56 55 57 59 60 58 59 61 60 59 58 60 Geothermal ................................ 43 43 43 44 47 46 46 48 49 48 48 49 43 47 48 Solar ........................................... 32 57 60 45 56 88 87 49 53 109 116 81 48 70 90 Pumped Storage Hydropower ....... -13 -18 -21 -16 -14 -10 -18 -15 -13 -12 -15 -13 -17 -15 -13 Other Nonrenewable Fuels (b) ...... 35 36 39 38 33 36 38 38 34 37 39 38 37 36 37 Total Generation ........................... 11,483 10,771 12,062 10,535 11,333 10,739 12,415 10,563 11,059 10,936 12,490 10,718 11,212 11,264 11,302 Northeast Census Region Coal ............................................... 348 242 207 203 293 177 196 211 271 172 195 195 250 219 208 Natural Gas ................................... 418 491 636 497 479 533 712 553 520 579 723 539 511 570 591 Petroleum (a) ................................ 55 2 3 3 47 2 4 59465 15 14 6 Other Gases .................................. 2222222 22222 2 2 2 Nuclear .......................................... 542 471 539 531 545 499 543 482 505 470 527 496 521 517 500 Hydropower (c) .............................. 91 108 87 92 91 97 92 73 93 107 99 92 95 88 98 Other Renewables (d) ................... 72 62 58 71 76 65 59 69 73 64 60 72 66 67 67 Other Nonrenewable Fuels (b) ...... 11 12 13 13 11 12 12 12 12 12 13 12 12 12 12 Total Generation ........................... 1,539 1,390 1,545 1,412 1,543 1,387 1,621 1,407 1,485 1,411 1,624 1,414 1,471 1,489 1,484 South Census Region Coal ............................................... 2,125 1,846 2,096 1,610 1,713 1,539 1,902 1,480 1,613 1,606 1,881 1,453 1,918 1,659 1,638 Natural Gas ................................... 1,537 1,726 2,086 1,635 1,976 2,060 2,446 1,858 1,888 2,050 2,428 1,832 1,747 2,085 2,050 Petroleum (a) ................................ 53 28 26 24 42 25 30 26 34 29 31 25 33 31 30 Other Gases .................................. 11 11 14 14 13 12 15 15 13 13 16 16 13 14 14 Nuclear .......................................... 967 882 994 977 974 956 1,004 899 941 884 1,006 948 955 958 945 Hydropower (c) .............................. 149 96 72 101 127 113 93 77 129 124 104 99 104 102 114 Other Renewables (d) ................... 244 258 203 238 228 262 245 282 300 323 268 322 236 255 303 Other Nonrenewable Fuels (b) ...... 14 14 15 16 14 15 16 16 14 15 16 16 15 15 15 Total Generation ........................... 5,100 4,861 5,507 4,616 5,089 4,981 5,751 4,653 4,933 5,045 5,751 4,710 5,021 5,119 5,110 Midwest Census Region Coal ............................................... 1,795 1,435 1,675 1,486 1,581 1,305 1,582 1,433 1,548 1,352 1,612 1,452 1,597 1,475 1,491 Natural Gas ................................... 195 185 204 195 295 254 328 238 270 247 333 241 195 279 273 Petroleum (a) ................................ 14 13 13 9 12 11 13 11 12 11 12 11 12 12 12 Other Gases .................................. 11 12 14 13 13 13 15 14 12 13 15 14 13 14 14 Nuclear .......................................... 533 543 586 525 553 529 570 526 539 502 562 530 547 544 533 Hydropower (c) .............................. 31 47 49 45 42 46 42 31 42 49 45 39 43 40 44 Other Renewables (d) ................... 254 215 147 241 250 217 166 246 259 247 177 264 214 219 236 Other Nonrenewable Fuels (b) ...... 4554455 44555 4 5 5 Total Generation ........................... 2,837 2,454 2,692 2,520 2,749 2,379 2,722 2,502 2,688 2,426 2,762 2,555 2,625 2,588 2,608 West Census Region Coal ............................................... 586 496 632 558 506 496 599 578 516 492 627 556 568 545 548 Natural Gas ................................... 574 503 811 636 486 605 874 700 595 524 802 643 632 667 642 Petroleum (a) ................................ 22 21 23 22 23 23 26 26 27 27 28 28 22 25 27 Other Gases .................................. 5566667 77676 6 6 6 Nuclear .......................................... 160 164 170 150 176 149 173 148 159 148 165 156 161 161 157 Hydropower (c) .............................. 419 585 426 377 522 422 357 306 395 510 401 383 452 401 422 Other Renewables (d) ................... 234 287 243 233 228 287 281 233 252 343 317 262 249 257 293 Other Nonrenewable Fuels (b) ...... 6565445 54555 6 5 5 Total Generation ........................... 2,007 2,066 2,318 1,987 1,953 1,992 2,320 2,001 1,955 2,054 2,353 2,040 2,095 2,067 2,101 

### Table 7d. U.S. Regional Electricity Generation, All Sectors (Thousand megawatthours per day) U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016 Year

Historical data : Latest data available from U.S. Energy Information Administration Electric Power Monthly and Electric Power Annual. Projections: EIA Regional Short-Term Energy Model. (a) Residual fuel oil, distillate fuel oil, petroleum coke, and other petroleum liquids. (b) Batteries, chemicals, hydrogen, pitch, purchased steam, sulfur, nonrenewable waste, and miscellaneous technologies. (c) Conventional hydroelectric and pumped storage generation. (d) Wind, biomass, geothermal, and solar generation. Notes: Data reflect generation supplied by electricity-only and combined-heat-and-power (CHP) plants operated by electric utilities, independent power producers, and the commercial and industrial sectors. The approximate break between historical and forecast values is shown with historical da ta printed in bold; estimates and forecasts in italics.1st 2nd 3rd 4th 1st 2nd 3rd 4th 1st 2nd 3rd 4th 2014 2015 2016 Fuel Consumption for Electricity Generation, All Sectors United States Coal (thousand st/d) ................... 2,577 2,159 2,518 2,102 2,190 1,927 2,349 2,038 2,137 1,964 2,360 2,011 2,338 2,126 2,118 Natural Gas (million cf/d) ........... 20,746 22,139 28,497 22,192 23,991 26,114 33,322 24,819 24,237 25,832 32,773 24,074 23,411 27,081 26,738 Petroleum (thousand b/d) .......... 254 113 117 105 216 108 129 124 147 126 138 124 147 144 134 Residual Fuel Oil ..................... 84 25 29 24 77 26 33 31 35 30 34 31 40 42 32 Distillate Fuel Oil ..................... 87 24 23 26 66 26 26 29 37 28 30 29 40 36 31 Petroleum Coke (a) ................. 68 61 62 51 59 52 66 59 68 63 68 59 60 59 65 Other Petroleum Liquids (b) .... 16 3 3 4 13 4 4 58565 6 6 6 Northeast Census Region Coal (thousand st/d) ................... 162 115 105 98 132 82 94 98 123 78 90 89 120 101 95 Natural Gas (million cf/d) ........... 3,222 3,736 4,951 3,762 3,614 4,077 5,549 4,170 3,910 4,395 5,587 4,022 3,922 4,357 4,480 Petroleum (thousand b/d) .......... 91 4 5 5 76 4 8 9 17 8 12 9 26 24 11 South Census Region Coal (thousand st/d) ................... 1,084 960 1,113 852 889 820 1,017 799 851 853 1,005 784 1,002 881 873 Natural Gas (million cf/d) ........... 11,671 13,128 15,843 12,137 14,453 15,565 18,609 13,678 13,881 15,518 18,456 13,471 13,203 15,583 15,335 Petroleum (thousand b/d) .......... 99 51 50 45 79 45 55 51 65 55 59 49 61 57 57 Midwest Census Region Coal (thousand st/d) ................... 1,002 809 949 838 884 745 900 809 869 758 911 820 899 834 839 Natural Gas (million cf/d) ........... 1,614 1,482 1,665 1,568 2,275 1,977 2,636 1,834 2,064 1,940 2,704 1,842 1,582 2,181 2,138 Petroleum (thousand b/d) .......... 28 25 25 18 23 22 25 22 22 20 21 22 24 23 21 West Census Region Coal (thousand st/d) ................... 329 274 352 314 286 280 338 332 294 275 354 317 318 309 310 Natural Gas (million cf/d) ........... 4,239 3,793 6,037 4,725 3,649 4,494 6,528 5,137 4,382 3,978 6,026 4,739 4,704 4,960 4,784 Petroleum (thousand b/d) .......... 37 33 37 36 38 36 41 43 44 43 46 45 36 39 44

End-of-period U.S. Fuel Inventories Held by Electric Power Sector Coal (million short tons) ................ 118.3 132.9 123.8 151.4 155.6 167.8 153.5 157.1 157.9 162.9 147.5 152.2 151.4 157.1 152.2 Residual Fuel Oil (mmb) ............... 10.5 10.6 10.4 12.7 10.2 10.5 10.6 11.7 12.0 11.8 11.5 11.8 12.7 11.7 11.8 Distillate Fuel Oil (mmb) ............... 15.5 15.5 15.5 16.9 15.8 15.9 16.0 16.3 16.4 16.3 16.2 16.4 16.9 16.3 16.4 Petroleum Coke (mmb) ................. 1.7 2.0 1.9 4.2 4.1 5.2 5.1 5.0 4.9 4.9 4.8 4.8 4.2 5.0 4.8 

### Table 7e. U.S. Regional Fuel Consumption for Electricity Generation, All Sector s U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016 Year

Historical data : Latest data available from U.S. Energy Information Administration Electric Power Monthly and Electric Power Annual. Projections: EIA Regional Short-Term Energy Model. (a) Petroleum coke consumption converted from short tons to barrels by multiplying by five. (b) Other petroleum liquids include jet fuel, kerosene, and waste oil. Notes: Data reflect generation supplied by electricity-only and combined-heat-and-power (CHP) plants operated by electric utilities, independent power producers, and the commercial and industrial sectors. Data include fuel consumed only for generation of electricity. Values do not include con sumption by CHP plants for useful thermal output. The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forec asts in italics. Physical Units: st/d = short tons per day; b/d = barrels per day; cf/d = cubic feet per day; mmb = million barrels.1st 2nd 3rd 4th 1st 2nd 3rd 4th 1st 2nd 3rd 4th 2014 2015 2016 Electric Power Sector Hydroelectric Power (a) ........................ 0.596 0.731 0.566 0.549 0.677 0.593 0.525 0.437 0.575 0.690 0.578 0.545 2.443 2.232 2.388 Wood Biomass (b) ................................. 0.063 0.056 0.064 0.063 0.063 0.056 0.066 0.060 0.062 0.056 0.069 0.062 0.247 0.244 0.250 Waste Biomass (c) ................................ 0.063 0.065 0.066 0.066 0.063 0.062 0.067 0.068 0.065 0.067 0.070 0.068 0.260 0.260 0.270 Wind ...................................................... 0.473 0.475 0.321 0.459 0.433 0.459 0.383 0.489 0.526 0.564 0.416 0.537 1.729 1.765 2.042 Geothermal .......................................... 0.037 0.037 0.038 0.039 0.040 0.040 0.040 0.042 0.042 0.041 0.042 0.042 0.151 0.162 0.168 Solar ...................................................... 0.029 0.051 0.052 0.037 0.047 0.074 0.075 0.042 0.045 0.092 0.100 0.070 0.170 0.238 0.307 Subtotal .............................................. 1.261 1.416 1.107 1.214 1.323 1.284 1.157 1.137 1.316 1.510 1.275 1.324 4.999 4.900 5.424 Industrial Sector Hydroelectric Power (a) ........................ 0.008 0.006 0.006 0.007 0.007 0.004 0.006 0.007 0.007 0.006 0.007 0.007 0.026 0.024 0.027 Wood Biomass (b) ................................. 0.318 0.327 0.335 0.336 0.321 0.316 0.320 0.317 0.305 0.302 0.313 0.315 1.317 1.273 1.236 Waste Biomass (c) ................................ 0.044 0.046 0.046 0.046 0.045 0.047 0.049 0.048 0.046 0.046 0.048 0.048 0.183 0.188 0.189 Geothermal .......................................... 0.001 0.001 0.001 0.001 0.001 0.001 0.001 0.001 0.001 0.001 0.001 0.001 0.004 0.004 0.004 Biofuel Losses and Co-products (f) ...... 0.181 0.189 0.191 0.196 0.189 0.192 0.195 0.191 0.194 0.191 0.195 0.192 0.757 0.768 0.772 Subtotal .............................................. 0.557 0.574 0.583 0.591 0.567 0.565 0.575 0.569 0.559 0.551 0.569 0.567 2.304 2.276 2.245 Commercial Sector Wood Biomass (b) ................................. 0.018 0.018 0.018 0.018 0.018 0.020 0.019 0.019 0.019 0.019 0.019 0.019 0.071 0.076 0.077 Waste Biomass (c) ................................ 0.012 0.011 0.011 0.012 0.012 0.010 0.011 0.011 0.011 0.010 0.011 0.011 0.046 0.045 0.043 Geothermal .......................................... 0.005 0.005 0.005 0.005 0.005 0.005 0.005 0.005 0.005 0.005 0.005 0.005 0.020 0.020 0.020 Subtotal .............................................. 0.036 0.036 0.036 0.036 0.037 0.037 0.037 0.036 0.035 0.035 0.036 0.036 0.144 0.148 0.143 Residential Sector Wood Biomass (b) ................................. 0.143 0.145 0.146 0.146 0.110 0.111 0.113 0.113 0.103 0.104 0.105 0.105 0.580 0.447 0.418 Geothermal .......................................... 0.010 0.010 0.010 0.010 0.010 0.010 0.010 0.010 0.011 0.011 0.011 0.011 0.040 0.040 0.044 Solar (d) ................................................. 0.062 0.063 0.063 0.063 0.069 0.070 0.071 0.071 0.077 0.077 0.078 0.078 0.252 0.281 0.311 Subtotal .............................................. 0.215 0.217 0.220 0.220 0.189 0.191 0.194 0.194 0.191 0.193 0.195 0.195 0.871 0.768 0.773 Transportation Sector Ethanol (e) ............................................. 0.255 0.274 0.278 0.280 0.266 0.284 0.288 0.279 0.270 0.282 0.290 0.281 1.087 1.117 1.123 Biodiesel (e) ........................................... 0.038 0.048 0.058 0.054 0.034 0.058 0.060 0.070 0.059 0.063 0.069 0.071 0.198 0.222 0.261 Subtotal .............................................. 0.293 0.321 0.336 0.334 0.300 0.341 0.350 0.349 0.328 0.345 0.359 0.352 1.285 1.340 1.384 All Sectors Total Hydroelectric Power (a) ........................ 0.604 0.737 0.572 0.555 0.685 0.597 0.531 0.444 0.582 0.696 0.585 0.552 2.469 2.257 2.415 Wood Biomass (b) ................................. 0.542 0.546 0.563 0.563 0.512 0.503 0.518 0.508 0.489 0.481 0.507 0.503 2.214 2.041 1.980 Waste Biomass (c) ................................ 0.119 0.121 0.124 0.124 0.120 0.119 0.129 0.127 0.122 0.123 0.129 0.127 0.488 0.494 0.502 Wind ...................................................... 0.473 0.475 0.321 0.459 0.433 0.459 0.383 0.489 0.526 0.564 0.416 0.537 1.729 1.765 2.042 Geothermal .......................................... 0.055 0.055 0.055 0.057 0.056 0.056 0.057 0.058 0.059 0.058 0.059 0.059 0.222 0.226 0.236 Solar ...................................................... 0.092 0.116 0.117 0.102 0.117 0.146 0.145 0.114 0.123 0.171 0.180 0.150 0.427 0.522 0.624 Ethanol (e) ............................................. 0.260 0.279 0.283 0.285 0.271 0.289 0.295 0.287 0.275 0.287 0.296 0.287 1.107 1.141 1.144 Biodiesel (e) ........................................... 0.038 0.048 0.058 0.054 0.034 0.058 0.060 0.070 0.059 0.063 0.069 0.071 0.198 0.222 0.261 Biofuel Losses and Co-products (f) ...... 0.181 0.189 0.191 0.196 0.189 0.192 0.195 0.191 0.194 0.191 0.195 0.192 0.757 0.768 0.772 Total Consumption ................................. 2.362 2.564 2.283 2.394 2.417 2.419 2.311 2.285 2.428 2.632 2.434 2.475 9.603 9.432 9.970

(e) Fuel ethanol and biodiesel consumption in the transportation sector includes production, stock change, and imports less exp orts. Some biodiesel may be consumed in the residential sector in heating oil. 

### Table 8. U.S. Renewable Energy Consumption (Quadrillion Btu ) U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016 Year

- = no data available (a) Conventional hydroelectric power only. Hydroelectricity generated by pumped storage is not included in renewable energy. (b) Wood and wood-derived fuels. (c) Municipal solid waste from biogenic sources, landfill gas, sludge waste, agricultural byproducts, and other biomass. (d) Includes small-scale solar thermal and photovoltaic energy used in the commercial, industrial, and electric power sectors.

(f) Losses and co-products from the production of fuel ethanol and biodiesel

Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and fore casts in italics. Historical data : Latest data available from EIA databases supporting the following reports: Electric Power Monthly, DOE/EIA-0226 and Renewable Energy Annual, DOE/EIA-0603; Petroleum Supply Monthly, DOE/EIA-0109. Minor discrepancies with published historical data are due to independent rounding. Projections: EIA Regional Short-Term Energy Model.1s t 2nd 3rd 4th 1s t 2nd 3rd 4th 1s t 2nd 3rd 4th 201 4 201 5 201 6 Macroeconomic Real Gross Domestic Product (billion chained 2009 dollars - SAAR) ............. 15,725 15,902 16,069 16,151 16,177 16,334 16,407 16,510 16,612 16,721 16,850 16,994 15,962 16,357 16,794 Real Personal Consumption Expend. (billion chained 2009 dollars - SAAR) ............. 10,725 10,826 10,919 11,033 11,081 11,179 11,277 11,362 11,435 11,519 11,605 11,698 10,876 11,225 11,564 Real Fixed Investment (billion chained 2009 dollars - SAAR) ............. 2,578 2,613 2,664 2,680 2,701 2,736 2,773 2,821 2,879 2,930 2,978 3,029 2,634 2,758 2,954 Business Inventory Change (billion chained 2009 dollars - SAAR) ............. 43 89 88 89 127 128 80 66 55 43 51 62 77 100 53 Real Government Expenditures (billion chained 2009 dollars - SAAR) ............. 2,828 2,837 2,849 2,839 2,839 2,857 2,867 2,869 2,870 2,872 2,877 2,883 2,838 2,858 2,875 Real Exports of Goods & Services (billion chained 2009 dollars - SAAR) ............. 2,039 2,087 2,096 2,124 2,091 2,118 2,129 2,146 2,163 2,180 2,203 2,228 2,086 2,121 2,193 Real Imports of Goods & Services (billion chained 2009 dollars - SAAR) ............. 2,473 2,530 2,525 2,588 2,633 2,652 2,693 2,728 2,763 2,797 2,837 2,879 2,529 2,676 2,819 Real Disposable Personal Income (billion chained 2009 dollars - SAAR) ............. 11,699 11,785 11,863 11,999 12,115 12,151 12,256 12,367 12,464 12,536 12,645 12,744 11,836 12,222 12,597 Non-Farm Employment (millions) .......................................................... 137.8 138.6 139.4 140.2 141.0 141.6 142.2 142.7 143.2 143.7 144.1 144.6 139.0 141.9 143.9 Civilian Unemployment Rate (percent) ........................................................... 6.6 6.2 6.1 5.7 5.6 5.4 5.2 5.1 5.2 5.1 5.1 5.1 6.2 5.3 5.1 Housing Starts (millions - SAAR) .............................................. 0.93 0.98 1.03 1.06 0.98 1.16 1.14 1.17 1.21 1.25 1.30 1.37 1.00 1.11 1.28

Industrial Production Indices (Index, 2012=100) Total Industrial Production .................................. 103.8 105.3 106.3 107.5 107.4 106.8 107.3 107.2 107.5 108.5 109.6 110.8 105.7 107.2 109.1 Manufacturing .................................................. 101.9 103.5 104.6 105.6 105.5 105.8 106.5 106.7 106.9 108.0 109.1 110.5 103.9 106.1 108.6 Food ............................................................. 102.6 103.1 102.2 103.9 104.7 104.7 105.8 106.2 106.5 107.1 107.7 108.4 103.0 105.3 107.4 Paper ............................................................ 97.3 98.1 97.5 97.9 97.2 97.1 95.7 95.6 95.4 95.4 95.5 95.9 97.7 96.4 95.6 Petroleum and Coal Products ....................... 107.1 107.3 107.2 106.7 107.9 108.9 108.1 108.4 108.8 109.3 109.9 110.5 107.1 108.3 109.6 Chemicals ..................................................... 97.9 99.0 101.0 102.0 102.8 103.1 103.6 104.1 104.5 105.0 106.0 107.1 100.0 103.4 105.6 Nonmetallic Mineral Products ...................... 105.1 107.8 110.6 110.6 111.3 111.1 112.4 112.9 114.0 115.3 116.7 118.3 108.5 111.9 116.1 Primary Metals .............................................. 103.4 105.6 107.1 105.7 100.7 100.0 100.6 100.1 99.0 99.3 100.1 101.5 105.4 100.3 100.0 Coal-weighted Manufacturing (a) .................... 102.6 103.9 104.7 104.6 103.6 103.8 104.2 104.3 104.2 104.7 105.6 106.7 103.9 104.0 105.3 Distillate-weighted Manufacturing (a) .............. 103.9 105.5 106.6 107.1 106.6 106.4 107.1 107.3 107.7 108.6 109.7 111.0 105.8 106.8 109.3 Electricity-weighted Manufacturing (a) ............ 102.5 104.0 104.9 105.4 104.7 105.0 105.6 105.8 105.7 106.4 107.4 108.7 104.2 105.3 107.1 Natural Gas-weighted Manufacturing (a) ........ 103.2 103.7 104.5 104.9 104.5 105.4 105.8 106.0 106.1 106.7 107.8 109.2 104.1 105.4 107.4

Price Indexes Consumer Price Index (all urban consumers) (index, 1982-1984=1.00) ................................... 2.35 2.37 2.38 2.37 2.35 2.37 2.38 2.38 2.40 2.41 2.42 2.44 2.37 2.37 2.42 Producer Price Index: All Commodities (index, 1982=1.00) ............................................ 2.06 2.07 2.06 2.02 1.92 1.92 1.91 1.92 1.93 1.95 1.96 1.97 2.05 1.92 1.95 Producer Price Index: Petroleum (index, 1982=1.00) ............................................ 2.88 2.99 2.90 2.35 1.71 1.95 1.80 1.63 1.66 1.84 1.88 1.76 2.78 1.77 1.79 GDP Implicit Price Deflator (index, 2009=100) ............................................. 108.0 108.6 109.0 109.1 109.1 109.7 110.2 110.8 111.4 111.9 112.4 113.0 108.7 109.9 112.2

Miscellaneous Vehicle Miles Traveled (b) (million miles/day) ............................................. 7,708 8,691 8,614 8,300 7,991 8,982 8,895 8,499 8,155 9,046 8,961 8,603 8,331 8,594 8,692 Air Travel Capacity (Available ton-miles/day, thousands) ............... 503 548 561 535 517 575 581 551 511 552 576 556 537 556 549 Aircraft Utilization (Revenue ton-miles/day, thousands) ................ 310 347 353 332 322 357 368 346 316 342 372 352 336 348 346 Airline Ticket Price Index (index, 1982-1984=100) .................................... 297.3 334.3 301.0 298.2 286.4 313.0 283.3 288.0 291.6 311.6 300.4 308.3 307.7 292.7 303.0 Raw Steel Production (million short tons per day) ............................... 0.262 0.263 0.271 0.262 0.247 0.242 0.248 0.235 0.242 0.234 0.236 0.214 0.264 0.243 0.231
Carbon Dioxide (CO 2 ) Emissions (million metric tons) Petroleum ............................................................ 546 557 572 578 562 568 584 574 564 570 582 578 2,252 2,288 2,295 Natural Gas ......................................................... 460 297 303 375 469 312 327 389 462 321 333 395 1,434 1,497 1,511 Coal ..................................................................... 463 397 461 391 397 354 435 381 393 362 434 376 1,713 1,566 1,565 Total Energy (c) .................................................. 1,471 1,252 1,338 1,346 1,429 1,236 1,348 1,346 1,420 1,254 1,351 1,350 5,406 5,358 5,376

SAAR = Seasonally-adjusted annual rate 

### Table 9a. U.S. Macroeconomic Indicators and CO 2 

### Emissions U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016 Year

and Federal Aviation Administration. Minor discrepancies with published historical data are due to independent rounding. Projections: EIA Regional Short-Term Energy Model. Macroeconomic projections are based on Global Insight Model of the U.S. Economy. - = no data available

(a) Fuel share weights of individual sector indices based on EIA Manufacturing Energy Consumption Survey

. (b) Total highway travel includes gasoline and diesel fuel vehicles. (c) Includes electric power sector use of geothermal energy and non-biomass waste. Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and fore casts in italics. Historical data : Latest data available from U.S. Department of Commerce, Bureau of Economic Analysis; Federal Reserve System, Statistical rele ase G17; Federal Highway Administration;1st 2nd 3rd 4th 1st 2nd 3rd 4th 1st 2nd 3rd 4th 2014 2015 2016 Real Gross State Product (Billion $2009) New England ................ 853 857 860 864 862 871 875 881 885 890 896 904 858 872 894 Middle Atlantic .............. 2,387 2,401 2,424 2,425 2,416 2,445 2,454 2,469 2,483 2,497 2,513 2,531 2,409 2,446 2,506 E. N. Central ................. 2,174 2,198 2,215 2,223 2,219 2,240 2,248 2,260 2,271 2,283 2,299 2,317 2,202 2,242 2,292 W. N. Central ................ 1,007 1,025 1,036 1,041 1,048 1,056 1,060 1,067 1,073 1,080 1,088 1,097 1,027 1,058 1,084 S. Atlantic ...................... 2,781 2,813 2,830 2,846 2,851 2,883 2,898 2,919 2,939 2,960 2,984 3,012 2,817 2,888 2,974 E. S. Central ................. 720 729 732 736 735 740 744 749 753 757 763 769 729 742 760 W. S. Central ................ 1,918 1,952 1,992 2,014 2,025 2,037 2,046 2,057 2,071 2,086 2,103 2,123 1,969 2,041 2,096 Mountain ....................... 1,000 1,007 1,021 1,028 1,033 1,043 1,049 1,057 1,065 1,073 1,083 1,094 1,014 1,046 1,079 Pacific ........................... 2,798 2,831 2,869 2,884 2,897 2,926 2,941 2,959 2,979 3,001 3,026 3,053 2,845 2,931 3,015 Industrial Output, Manufacturing (Index, Year 2012=100) New England ................ 99.7 100.7 101.4 102.0 101.7 102.3 103.7 104.0 104.3 105.2 106.3 107.5 101.0 102.9 105.8 Middle Atlantic .............. 99.9 101.0 101.6 102.4 102.1 102.7 103.2 103.3 103.4 104.3 105.3 106.5 101.2 102.8 104.9 E. N. Central ................. 103.0 104.8 106.0 107.3 107.7 108.5 109.2 109.3 109.3 110.3 111.5 112.9 105.3 108.7 111.0 W. N. Central ................ 102.0 103.7 104.7 106.0 105.6 105.7 106.1 106.2 106.4 107.5 108.7 110.1 104.1 105.9 108.2 S. Atlantic ...................... 101.9 103.8 105.1 106.3 106.3 106.8 107.9 108.2 108.4 109.4 110.5 111.7 104.3 107.3 110.0 E. S. Central ................. 103.6 105.1 106.8 107.9 107.9 108.1 109.5 109.9 110.1 111.2 112.2 113.5 105.8 108.9 111.7 W. S. Central ................ 101.4 103.3 104.5 105.7 104.7 103.5 102.8 102.9 103.0 103.8 104.9 106.2 103.7 103.5 104.5 Mountain ....................... 103.1 104.6 105.7 106.6 107.2 107.9 109.0 109.5 110.1 111.4 112.9 114.5 105.0 108.4 112.2 Pacific ........................... 102.0 103.6 104.5 105.4 105.3 106.0 106.6 106.6 106.8 107.9 109.2 110.7 103.9 106.1 108.7 Real Personal Income (Billion $2009) New England ................ 714 717 722 734 740 743 749 755 760 764 769 775 722 747 767 Middle Atlantic .............. 1,834 1,840 1,857 1,881 1,896 1,905 1,917 1,931 1,943 1,951 1,963 1,977 1,853 1,913 1,958 E. N. Central ................. 1,947 1,956 1,967 1,992 2,010 2,015 2,036 2,051 2,064 2,073 2,086 2,100 1,965 2,028 2,081 W. N. Central ................ 943 954 958 969 970 972 983 994 1,003 1,009 1,015 1,022 956 980 1,012 S. Atlantic ...................... 2,504 2,525 2,545 2,579 2,622 2,634 2,656 2,681 2,705 2,722 2,745 2,770 2,538 2,648 2,736 E. S. Central ................. 729 735 739 749 760 761 765 771 777 781 786 791 738 764 784 W. S. Central ................ 1,628 1,643 1,661 1,684 1,710 1,711 1,721 1,736 1,750 1,761 1,777 1,793 1,654 1,720 1,770 Mountain ....................... 881 888 894 909 922 926 935 944 952 959 967 976 893 932 964 Pacific ........................... 2,106 2,121 2,145 2,172 2,218 2,233 2,253 2,274 2,295 2,308 2,327 2,346 2,136 2,244 2,319 Households (Thousands) New England ................ 5,790 5,804 5,814 5,824 5,835 5,844 5,850 5,855 5,863 5,868 5,872 5,879 5,824 5,855 5,879 Middle Atlantic .............. 15,895 15,929 15,948 15,969 15,992 16,012 16,023 16,033 16,053 16,067 16,078 16,085 15,969 16,033 16,085 E. N. Central ................. 18,531 18,555 18,582 18,605 18,624 18,638 18,654 18,671 18,696 18,717 18,738 18,761 18,605 18,671 18,761 W. N. Central ................ 8,378 8,390 8,411 8,433 8,454 8,471 8,489 8,505 8,524 8,543 8,562 8,582 8,433 8,505 8,582 S. Atlantic ...................... 24,237 24,322 24,410 24,499 24,591 24,673 24,754 24,833 24,929 25,017 25,103 25,188 24,499 24,833 25,188 E. S. Central ................. 7,468 7,486 7,498 7,510 7,522 7,532 7,541 7,552 7,567 7,582 7,596 7,611 7,510 7,552 7,611 W. S. Central ................ 14,083 14,138 14,196 14,253 14,309 14,360 14,405 14,447 14,500 14,551 14,603 14,653 14,253 14,447 14,653 Mountain ....................... 8,637 8,676 8,708 8,742 8,776 8,808 8,839 8,869 8,907 8,940 8,977 9,014 8,742 8,869 9,014 Pacific ........................... 18,150 18,203 18,269 18,335 18,400 18,456 18,503 18,547 18,606 18,662 18,713 18,767 18,335 18,547 18,767 Total Non-farm Employment (Millions) New England ................ 7.1 7.1 7.1 7.1 7.2 7.2 7.3 7.3 7.3 7.3 7.3 7.3 7.1 7.2 7.3 Middle Atlantic .............. 18.7 18.8 18.8 18.9 18.9 19.0 19.1 19.1 19.2 19.2 19.2 19.3 18.8 19.0 19.2 E. N. Central ................. 21.0 21.1 21.2 21.3 21.4 21.5 21.5 21.6 21.6 21.7 21.7 21.8 21.1 21.5 21.7 W. N. Central ................ 10.3 10.3 10.4 10.4 10.4 10.5 10.5 10.5 10.5 10.6 10.6 10.6 10.3 10.5 10.6 S. Atlantic ...................... 26.1 26.2 26.4 26.6 26.7 26.9 27.0 27.2 27.3 27.4 27.5 27.6 26.3 27.0 27.5 E. S. Central ................. 7.6 7.7 7.7 7.8 7.8 7.8 7.8 7.9 7.9 7.9 7.9 8.0 7.7 7.8 7.9 W. S. Central ................ 16.1 16.2 16.4 16.5 16.6 16.6 16.7 16.7 16.8 16.8 16.9 16.9 16.3 16.6 16.8 Mountain ....................... 9.7 9.7 9.8 9.9 9.9 10.0 10.0 10.1 10.1 10.2 10.2 10.3 9.8 10.0 10.2 Pacific ........................... 21.1 21.2 21.4 21.6 21.8 21.9 22.1 22.2 22.3 22.4 22.4 22.5 21.3 22.0 22.4 

### Table 9b. U.S. Regional Macroeconomic Data U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016 Year

Projections: Macroeconomic projections are based on the Global Insight Model of the U.S. Economy. - = no data available Notes: The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and fore casts in italics. Regions refer to U.S. Census divisions. See "Census division" in EIA’s Energy Glossary (http://www.eia.doe.gov/glossary/index.html) for a list of States in each region

. Historical data : Latest data available from U.S. Department of Commerce, Bureau of Economic Analysis; Federal Reserve System, Statistical rele ase G17. Minor discrepancies with published historical data are due to independent rounding.

### 1st 2nd 3rd 4th 1st 2nd 3rd 4th 1st 2nd 3rd 4th 2014 2015 2016 Heating Degree Days New England ................. 3,562 884 147 2,086 3,856 821 58 2,170 3,133 835 135 2,218 6,679 6,906 6,320 Middle Atlantic ............... 3,441 704 100 1,966 3,585 612 41 1,940 2,857 657 92 2,016 6,211 6,179 5,621 E. N. Central .................. 3,938 729 169 2,367 3,697 661 76 2,132 3,051 719 129 2,259 7,202 6,566 6,157 W. N. Central ................. 3,863 755 178 2,512 3,377 652 95 2,325 3,151 679 153 2,432 7,307 6,449 6,416 South Atlantic ................ 1,713 196 14 1,039 1,676 156 8 998 1,479 213 17 1,003 2,961 2,838 2,711 E. S. Central .................. 2,266 228 17 1,408 2,145 184 14 1,305 1,879 267 22 1,332 3,920 3,648 3,501 W. S. Central ................. 1,482 93 4 850 1,399 69 2 850 1,307 106 5 781 2,428 2,320 2,199 Mountain ........................ 2,123 708 148 1,758 1,896 702 122 1,730 2,190 659 131 1,802 4,738 4,450 4,782 Pacific ............................ 1,249 466 56 984 1,074 522 77 959 1,273 468 76 1,107 2,756 2,631 2,924 U.S. Average ............. 2,450 480 80 1,541 2,342 442 49 1,473 2,091 467 74 1,532 4,551 4,306 4,164 Heating Degree Days, Prior 10-year Average New England ................. 3,152 836 134 2,167 3,166 838 134 2,147 3,213 824 133 2,143 6,289 6,286 6,312 Middle Atlantic ............... 2,905 660 88 1,983 2,936 666 90 1,976 2,984 651 90 1,966 5,636 5,668 5,691 E. N. Central .................. 3,117 690 120 2,243 3,192 694 123 2,262 3,247 690 125 2,245 6,170 6,272 6,307 W. N. Central ................. 3,209 686 149 2,404 3,273 691 150 2,433 3,298 693 150 2,428 6,449 6,546 6,570 South Atlantic ................ 1,465 194 14 1,006 1,481 196 14 1,013 1,502 185 14 1,008 2,679 2,703 2,710 E. S. Central .................. 1,810 236 19 1,336 1,853 236 19 1,358 1,898 225 19 1,350 3,402 3,465 3,492 W. S. Central ................. 1,157 85 5 827 1,189 86 5 834 1,221 83 5 838 2,075 2,114 2,147 Mountain ........................ 2,267 728 156 1,887 2,258 730 150 1,872 2,230 724 147 1,865 5,038 5,011 4,966 Pacific ............................ 1,554 625 96 1,236 1,533 621 92 1,205 1,493 609 88 1,187 3,511 3,452 3,377 U.S. Average ............. 2,161 492 77 1,569 2,182 493 77 1,567 2,199 483 76 1,557 4,298 4,319 4,315 Cooling Degree Days New England ................. 0 76 342 0 0 71 487 3 0 92 416 0 417 560 509 Middle Atlantic ............... 0 156 432 6 0 183 612 4 0 170 556 5 594 799 732 E. N. Central .................. 0 229 376 2 0 220 497 3 0 216 542 8 607 720 766 W. N. Central ................. 0 261 539 12 3 267 660 12 3 273 684 11 812 942 971 South Atlantic ................ 107 643 1,058 194 137 762 1,157 222 110 616 1,139 228 2,003 2,277 2,093 E. S. Central .................. 6 505 926 66 23 581 1,021 66 26 493 1,038 67 1,504 1,691 1,623 W. S. Central ................. 34 778 1,441 218 51 857 1,571 242 63 799 1,489 210 2,471 2,721 2,561 Mountain ........................ 31 439 870 94 46 435 924 94 19 444 984 89 1,434 1,499 1,536 Pacific ............................ 41 227 692 114 54 231 674 128 31 205 597 75 1,073 1,088 909 U.S. Average ............. 34 393 775 96 47 434 874 107 38 390 852 96 1,298 1,461 1,375 Cooling Degree Days, Prior 10-year Average New England ................. 0 83 417 1 0 85 420 1 0 81 419 1 500 505 501 Middle Atlantic ............... 0 167 558 5 0 168 557 5 0 167 548 5 730 731 721 E. N. Central .................. 3 230 546 6 3 234 545 6 3 229 528 6 785 787 765 W. N. Central ................. 7 277 678 9 7 282 683 9 7 279 674 9 972 981 969 South Atlantic ................ 110 636 1,154 213 110 635 1,154 210 114 659 1,144 210 2,112 2,109 2,126 E. S. Central .................. 35 528 1,045 57 33 526 1,053 52 32 542 1,039 53 1,666 1,664 1,666 W. S. Central ................. 102 882 1,506 190 94 883 1,519 183 90 890 1,518 188 2,680 2,679 2,686 Mountain ........................ 18 420 922 70 17 424 930 75 21 430 931 77 1,431 1,446 1,458 Pacific ............................ 26 166 589 58 26 170 601 65 29 181 612 73 839 863 894 U.S. Average ............. 41 393 843 83 40 396 849 83 42 404 845 86 1,361 1,369 1,376 

## Table 9c. U.S. Regional Weather Data U.S. Energy Information Administration | Short-Term Energy Outlook - November 2015 2014 2015 2016 Year

Historical data : Latest data available from U.S. Department of Commerce, National Oceanic and Atmospheric Association (NOAA). Projections: Based on forecasts by the NOAA Climate Prediction Center (http://www.cpc.ncep.noaa.gov/pacdir/DDdir/NHOME3.shtml). - = no data available Notes: Regional degree days for each period are calculated by EIA as contemporaneous period population-weighted averages of state degree day data published by the National Oceanic and Atmospheric Administration (NOAA). See Change in Regional and U.S. Degree-Day Calculations (http://www.eia.gov/forecasts/steo/special/pdf/2012_sp_04.pdf) for more information. The approximate break between historical and forecast values is shown with historical data printed in bold; estimates and forec asts in italics. Regions refer to U.S. Census divisions. See "Census division" in EIA’s Energy Glossary (http://www.eia.gov/tools/glossary/) fo r a list of states in each region.