2nd
largest energy consumer in the world after China
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This analysis includes a comprehensive United States energy market report and updated datasets. It is derived from the most recent key economic indicators, supply and demand factors, oil and gas pricing trends and major energy issues and developments surrounding the energy industry. The report provides a complete picture of the country situation, dynamics, current issues and future prospects. With 2019 market data and continuous follow-up of markets news, this report brings clear and concise insights with which to tackle national energy challenges and opportunities. Browse the tabs below for a detailed table of contents, the list of graphs and tables, and details on the data files.
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Highlights
2nd
largest energy consumer in the world after China
50%
reduction in coal consumption since 2008
1st
producer worldwide for both oil and gas
Abstract
Institutions & Energy Policy
The Department of Energy (DoE) oversees the coordination of all the national activities concerning the production, regulation, management and conservation of energy. The Office of Energy Efficiency and Renewable Energy is in charge of developing and promoting energy technologies that contribute to "sustainable" development.
Energy Supply
Resources:
The United States have substantial energy resources. Oil reserves are estimated at 6.8 Gt (located mainly in 5 states/areas: Texas, North Dakota, Gulf of Mexico, Alaska, and California). Of these reserves, 31% is shale oil. Total gas reserves are estimated at 13 447 bcm (end of 2019), 44% of which is shale gas. Coal reserves are around 221 Gt, with an additional 30 Gt of lignite.
Energy Prices
Oil:
Average gasoline and diesel prices are very close and are driven by the crude oil price; they averaged around $0.8/l in 2019. They are the lowest among OECD countries (42% and 47% lower than the OECD average for diesel and gasoline, respectively) and have decreased by around 5% in the first half of 2020.
Energy Consumption
Per capita consumption reached 6.7 toe/cap in 2019, which is about 60% higher than the OECD average, including 12 MWh/cap of electricity.
Issues & Prospects
Official EIA long-term forecasts (AEO- Annual Energy Outlook 2020) expect energy consumption to remain stable between 2019 and 2030, before increasing by 10% until 2050 in the reference scenario. In most scenarios, energy related CO2 emissions are expected to decline until 2030 before increasing again.
Below is a list of the United States energy market report graphs:
In the United States energy market report you will find the following tables:
The United States energy market data since 1990 and up to 2019 is included in the Excel file accompanying the United States country report.
It showcases the historical evolution, allowing users to easily work with the data.
Key Data included in the excelsheet:
The United States country report is complemented with a national power generation dashboard (excel file) from our Power Plant Tracker Service.
Data included in the excelsheet:
Projections Data (Excel Sheet)
The United States country dashboards are complemented with country forecasts from EnerFuture (excel file) with scenario comparison.
Data included in the excelsheet:
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