EIA AEO Oil Price/Consumption Trajectories A.J. Simon, LLNL DRAFT August 18, 2010.
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Transcript of EIA AEO Oil Price/Consumption Trajectories A.J. Simon, LLNL DRAFT August 18, 2010.
EIA AEO Oil Price/Consumption Trajectories
A.J. Simon, LLNLDRAFT
August 18, 2010
Explanatory Notes• These slides cover 7 (seven) AEO “side cases” that A.J. Simon feels might
serve as reference cases for the NPC Study:– Reference Case– Integrated High Technology– Integrated Low Technology– High Oil Price– Low Oil Price– Extended Policies– No GHG Concerns
• The information on the last three slides is exactly the same as on the preceding slide – only each of the last slides contains a subset of the initial 7 cases.
• The “time series” of oil prices and consumption starts at the lower left with the predicted price/consumption point in 2011 and extends outward (depending on the scenario) to 2035.
20 40 60 80 100 120 140 160 180 200 22012
13
14
15
16
17
18
19
Oil Consumption vs. Price
Low TechHigh TechReference CaseLow Oil PriceHigh Oil PriceExtended PolicyNo GHG Concern
Oil Price [$/barrel, 2008 $]
US T
otal
Cru
de O
il Co
nsum
ption
[Mill
ion
Barr
els p
er D
ay]
20 40 60 80 100 120 140 160 180 200 22012
13
14
15
16
17
18
19
Oil Consumption vs. Price
Reference CaseLow Oil PriceHigh Oil Price
Oil Price [$/barrel, 2008 $]
US T
otal
Cru
de O
il Co
nsum
ption
[Mill
ion
Barr
els p
er D
ay]
60 70 80 90 100 110 120 13012
14
16
18
20
22
24
Oil Consumption vs. Price
Low TechHigh TechReference Case
Oil Price [$/barrel, 2008 $]
US T
otal
Cru
de O
il Co
nsum
ption
[Mill
ion
Barr
els p
er D
ay]
60 70 80 90 100 110 120 13012
12.5
13
13.5
14
14.5
15
Oil Consumption vs. Price
Reference CaseExtended PolicyNo GHG Concern
Oil Price [$/barrel, 2008 $]
US T
otal
Cru
de O
il Co
nsum
ption
[Mill
ion
Barr
els p
er D
ay]