The U.S. Energy Information Agency Tuesday released its short-term energy outlook projecting a 5 percent decline in coal production, another record year for domestic natural gas production and an increase in wind energy generation in 2018.

            At the same time, EIA said carbon dioxide emissions will increase by 0.9 percent in 2018 and another 1 percent in 2019 after declining by 0.7 percent in 2017.

Among the other projections are--

-- Natural Gas Consumption: U.S. consumption of natural gas will increase 5.7 percent in 2018 with electric generation the leading cause for this increase;

-- Natural Gas Generation: Gas-fired electric generation is expected to increase from 32 percent to 34 percent in 2018;

-- Coal-Fired Generation: Coal-fired electric generation expected to remain at 20 percent in 2018;

-- Wind Energy: Electric generation from wind energy is expected to rise to 735,000 megawatt hours per day in 2018 from 697,000 MWH/d in 2017; and

-- Gasoline: Average April to September regular gasoline prices to average $2.74/gallon, up from an average of $2.41/gallon last year.

Click Here for a copy of the April 10 short-term energy outlook.

[Posted: April 10, 2018]

4/16/2018