Long-Term Energy Projections
Factors Shaping U.S. Energy Markets Through 2040
Projections in the Annual Energy Outlook 2013 (AEO2013) Reference case focus on the factors that shape U.S. energy markets through 2040, under the assumption that current laws and regulations remain generally unchanged throughout the projection period. This early release focuses on the AEO2013 Reference case, which provides the basis for examination and discussion of energy market trends and serves as a starting point for analysis of potential changes in U.S. energy policies, rules, or regulations or potential technology breakthroughs. Major highlights in the AEO2013 Reference case include: Crude Oil Production Crude oil production, particularly from tight oil plays, rises sharply…
