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Short Term Outlook

11/11/2009 04:05PM

EIA projects total natural gas consumption to decline by 1.9 percent in 2009 to 62.2 billion cubic feet (Bcf) per day and by another 1.1 percent in 2010.

11/11/2009 04:01PM

EIA forecasts total consumption of liquid fuels and other petroleum products to decline by about 780,000 bbl/d (4.0 percent) in 2009 compared with 2008. During the first half of the year, consumption declined by almost 1.25 million bbl/d (6.3 percent) from the same period last year, one of the steepest declines on record.

11/11/2009 03:52PM

Sustained economic growth in China and other Asian countries is contributing to the beginnings of a rebound in world oil consumption, leading EIA to revise its expectations for world oil consumption upwards for the second consecutive month.

09/10/2009 03:33PM

U.S. Consumption. EIA projects that total natural gas consumption will likely decline by 2.4 percent in 2009 and remain flat in 2010 (Total U.S. Natural Gas Consumption Growth Chart).

09/10/2009 03:31PM

U.S. Petroleum Consumption. EIA forecasts total consumption of liquid fuels and other petroleum products to decrease by about 800,000 bbl/d (4 percent) in 2009 (U.S. Petroleum Products Consumption Growth Chart) compared with 2008.

08/12/2009 03:43PM

Global Petroleum Overview.  The oil market continues to be defined by the tension between optimism over the perceived recovery of the global economy on the one hand and persistently weak global consumption of crude oil and other liquid fuels on the other.  There are indications that oil consumption

08/12/2009 03:39PM

U.S. Petroleum Consumption.  EIA projects total U.S. consumption of liquid fuels and other petroleum products to decrease by 790,000 bbl/d (4.1 percent) in 2009 (U.S. Petroleum Products Consumption Growth Chart).  This includes projected declines of 320,000 bbl/d (8.2 percent) in distillate

05/12/2009 03:27PM

Consumption. Total consumption of liquid fuels and other petroleum products averaged 19.4 million bbl/d in 2008, down nearly 1.3 million bbl/d from 2007.  Based on the prospects of a continuing weak economy, consumption is projected to shrink by an additional 570,000 bbl/d in 2009, led by a

05/12/2009 03:23PM

EIA is currently projecting a weaker global oil market for 2009 than anticipated in last month's assessment.  Expectations of global economic recovery and a resultant increase in demand were offset by initial data for the first quarter showing high oil inventories, weak consumption, and higher-than
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