EIA AEO Oil Price/Consumption Trajectories A.J. Simon, LLNL DRAFT August 18, 2010.

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EIA AEO Oil Price/Consumption Trajectories A.J. Simon, LLNL DRAFT August 18, 2010

Transcript of EIA AEO Oil Price/Consumption Trajectories A.J. Simon, LLNL DRAFT August 18, 2010.

Page 1: 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

Page 2: EIA AEO Oil Price/Consumption Trajectories A.J. Simon, LLNL DRAFT 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.

Page 3: EIA AEO Oil Price/Consumption Trajectories A.J. Simon, LLNL DRAFT August 18, 2010.

20 40 60 80 100 120 140 160 180 200 22012

13

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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]

Page 4: EIA AEO Oil Price/Consumption Trajectories A.J. Simon, LLNL DRAFT August 18, 2010.

20 40 60 80 100 120 140 160 180 200 22012

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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]

Page 5: EIA AEO Oil Price/Consumption Trajectories A.J. Simon, LLNL DRAFT August 18, 2010.

60 70 80 90 100 110 120 13012

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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]

Page 6: EIA AEO Oil Price/Consumption Trajectories A.J. Simon, LLNL DRAFT August 18, 2010.

60 70 80 90 100 110 120 13012

12.5

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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]