January 2001

Trends and Resources

HP Impact: HPImpact: EIA forecasts key energy trends

While most attention in energy markets is focused on near-term issues of world oil supply and prices, U.S. natural gas prices and the transition to restructured electricity, a longer term forecast has..

Weirauch, Wendy, Hydrocarbon Processing Staff

While most attention in energy markets is focused on near-term issues of world oil supply and prices, U.S. natural gas prices and the transition to restructured electricity, a longer term forecast has been released by the Energy Information Administration (EIA). The Annual Energy Outlook 2001 addresses significant longer-term trends, leaving short-term events such as supply disruptions or severe weather for other market watchers to analyze. The projected growth rate of the U.S. economy, measured by gross domestic product, is considerably higher in 2001 than was projected in last year's outlook - an average rate of 3.0%/yr from 1999 to 2020, compared with 2.1%/yr. EIA's projections reflec

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