2. Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) www.eia.gov/aeo
0
10
20
30
40
50
60
2000 2010 2020 2030 2040 2050
0
10
20
30
40
50
60
2000 2010 2020 2030 2040 2050
U.S. dry natural gas production
AEO2021 side cases
trillion cubic feet
U.S. natural gas consumption
AEO2021 side cases
trillion cubic feet
U.S. dry natural gas production and consumption
2
2020
history projections
2020
history projections
High Oil and Gas
Supply
High Oil Price
Reference
Low Oil Price
Low Oil and Gas
Supply
3. Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) www.eia.gov/aeo
0
10
20
30
40
50
60
2000 2010 2020 2030 2040 2050
2020
history projections
High Oil and Gas
Supply
Reference
Low Oil and Gas
Supply
$0
$2
$4
$6
$8
$10
$12
2000 2010 2020 2030 2040 2050
2020
history projections
Low Oil and Gas
Supply
Reference
High Oil and Gas
Supply
U.S. dry natural gas production
AEO2021 oil and gas supply cases
trillion cubic feet
Natural gas spot price at Henry Hub
AEO2021 oil and gas supply cases
2020 dollars per million British thermal units
Natural gas production and prices
3
4. Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) www.eia.gov/aeo
0
10
20
30
40
50
60
2000 2010 2020 2030 2040 2050
2020
history projections
0
10
20
30
40
50
60
2000 2010 2020 2030 2040 2050
2020
history projections
0
10
20
30
40
50
60
2000 2010 2020 2030 2040 2050
2020
history projections
Reference case
trillion cubic feet
Low Oil and Gas Supply case
trillion cubic feet
U.S. dry natural gas production by type
4
High Oil and Gas Supply case
trillion cubic feet
tight/
shale gas
other Lower
48 states
onshore
Lower 48
states
offshore
other
U.S. dry natural gas production by type, AEO2021 oil and gas supply cases
5. Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) www.eia.gov/aeo
0
5
10
15
20
25
30
35
40
45
2010 2020 2030 2040 2050
Reference case
trillion cubic feet
Low Oil and Gas Supply case
trillion cubic feet
0
5
10
15
20
25
30
35
40
45
2010 2020 2030 2040 2050
2020
history projections
Southwest
East
Gulf Coast
U.S. production of natural gas from shale resources
5
High Oil and Gas Supply case
trillion cubic feet
2020
history projections
0
5
10
15
20
25
30
35
40
45
2010 2020 2030 2040 2050
2020
history projections
U.S. dry natural gas production from shale resources by region, AEO2021 oil and gas supply cases
rest of United States
6. Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) www.eia.gov/aeo
0
2
4
6
8
10
12
14
2010 2020 2030 2040 2050
2020
history projections
0
2
4
6
8
10
12
14
2010 2020 2030 2040 2050
2020
history projections
Southwest
Gulf Coast
other
Reference case
trillion cubic feet
U.S. production of natural gas from oil formations
6
High Oil and Gas Supply case
trillion cubic feet
0
2
4
6
8
10
12
14
2010 2020 2030 2040 2050
2020
history projections
Low Oil and Gas Supply case
trillion cubic feet
U.S. dry natural gas production from oil formations by region, AEO2021 oil and gas supply cases
7. Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) www.eia.gov/aeo
0
5
10
15
20
25
30
35
40
2000 2010 2020 2030 2040 2050
Natural gas consumption by sector, AEO2021 Reference case
trillion cubic feet billion cubic feet per day
U.S. natural gas consumption by sector
7
residential
electric power
industrial
liquefaction
lease and plant
other
commercial
transportation
2020
history projections
8. Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) www.eia.gov/aeo
2020 2030 2040 2050
-2
0
2
4
6
8
10
12
0
5
10
15
20
25
30
35
40
45
2020 2030 2040 2050
Change in natural gas disposition by sector and net exports
8
electric power
commercial
residential
transportation
industrial
net exports
Natural gas disposition by sector and net exports
AEO2021 Reference case
trillion cubic feet
Change in natural gas disposition and net exports
AEO2021 Reference case
relative to 2020 in trillion cubic feet
electric power
commercial
transportation
industrial
net exports
residential
9. Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) www.eia.gov/aeo
U.S. natural gas and liquefied natural gas (LNG) trade
9
Reference case
trillion cubic feet
(Tcf)
-13.7
0.0
13.7
27.4
41.1
-5
0
5
10
15
2010 2020 2030 2040 2050
2020
history projections
-13.7
0.0
13.7
27.4
41.1
-5
0
5
10
15
2010 2020 2030 2040 2050
2020
history projections
-5
0
5
10
15
2010 2020 2030 2040 2050
2020
history projections
U.S. natural gas and LNG trade, AEO2021 oil and gas supply cases
Low Oil and Gas Supply case
Tcf
High Oil and Gas Supply case
billion cubic feet per day
Tcf (Bcf/d)
LNG exports
net exports
pipeline exports
to Mexico
pipeline exports
to Canada
pipeline imports
from Canada
LNG imports
10. Source: U.S. Energy Information Administration, Annual Energy Outlook 2021 (AEO2021) www.eia.gov/aeo
0
5
10
15
2000 2010 2020 2030 2040 2050
2020
history projections
0
2
4
6
8
10
2000 2010 2020 2030 2040 2050
U.S. liquefied natural gas exports
AEO2021 supply and price cases
trillion cubic feet
Ratio of Brent crude oil price to natural gas price
at Henry Hub, AEO2021 supply and price cases
energy-equivalent terms
U.S. liquefied natural gas (LNG) exports and oil and natural gas
prices
10
2020
history projections
High Oil
Price
High Oil
and Gas
Supply
Reference
Low Oil
and Gas
Supply
Low Oil
Price
Editor's Notes
Made changes here
Slide 19 and 20 have labels on the series instead of a legend on the side of the chart- I have verified this is okay with one member of my team (Lindsay). Will get Courtney’s take soon.
