Summary of New Production
The
EIA 2008 Annual Energy Outlook
forecasts that petroleum and liquid fuels consumption will increase from about
20 million barrels per day now to about
22.8 million
barrels per day in 2030. It also forecasts that total
petroleum imports will
decline, falling by about 10% in 2020, and then rise, ending at about
the same as current levels in 2030. Total domestic oil production
is estimated to be 6.16 million barrels per day in 2020 and 5.6 million
barrels per day in 2030 in the EIA
reference case. The following table presents a summary of the
EIA forecast for crude oil production
and the additional production possible from the various resources we identify in our
new domestic production plan.
Millions of Barrels Per Day
** Increase in production from EIA forecast
** Barrels of oil equivalent
** Entire Rocky Mountain region
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