{"id":13148,"date":"2015-10-08T06:55:17","date_gmt":"2015-10-08T11:55:17","guid":{"rendered":"http:\/\/olduvai.ca\/?p=13148"},"modified":"2015-10-08T06:55:17","modified_gmt":"2015-10-08T11:55:17","slug":"eia-short-term-energy-outlook","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=13148","title":{"rendered":"EIA Short Term Energy Outlook"},"content":{"rendered":"<header>\n<h3 class=\"entry-title\"><a href=\"http:\/\/peakoilbarrel.com\/eia-short-term-energy-outlook\/\" target=\"_blank\">EIA Short Term Energy Outlook<\/a><\/h3>\n<div class=\"entry-meta\">The EIA is out with the latest<strong>\u00a0<a href=\"http:\/\/www.eia.gov\/forecasts\/steo\/index.cfm?src=home-b1\">Short Term Energy Outlook<\/a>.\u00a0<\/strong>All charts below are in million barrels per day. The one table is in thousand barrels per day. The projected data is through December 2016.<\/div>\n<\/header>\n<div class=\"entry-content\">\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/10\/STEO-Non-OPEC-Liquids1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-9691\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/10\/STEO-Non-OPEC-Liquids1.jpg\" alt=\"STEO Non-OPEC Liquids\" width=\"728\" height=\"411\" \/><\/a><\/p>\n<p>The EIA has Non-OPEC total liquids dropping 620,000 bpd in September, up 280,000 bpd in November but bottoming out in January, February and March, then climbing until October of 2016.<\/p>\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/10\/STEO-Non-OPEC-Change.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-9676\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/10\/STEO-Non-OPEC-Change.jpg\" alt=\"STEO Non-OPEC Change\" width=\"748\" height=\"432\" \/><\/a><\/p>\n<p>The EIA expects Non-OPEC average total liquids to increase by 140,000 bpd in 2016. The chart above shows the change they expect each country to make. Canada, by far, has the largest increase in production, up by 340,000 barrels per day. Without Canada\u2019s input the EIA says, Non-OPEC total liquids production would be down by 200,000 bpd.<\/p>\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/10\/STEO-Numbers.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-9678\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/10\/STEO-Numbers.png\" alt=\"STEO Numbers\" width=\"336\" height=\"632\" \/><\/a><\/p>\n<p>Here are the changes in Non-OPEC production the EIA expects each country to make 2015 to 2016 in thousand barrels per day. Countries not listed had zero expected change from 2015 to 2016.<\/p>\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/10\/STEO-US-Liquids.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-9674\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/10\/STEO-US-Liquids.jpg\" alt=\"STEO US Liquids\" width=\"726\" height=\"410\" \/><\/a><\/p>\n<p>The EIA says US total liquids production dropped 180,000 bpd in September.<\/p>\n<p><a href=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/10\/STEO-Canada.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-9680\" src=\"http:\/\/peakoilbarrel.com\/wp-content\/uploads\/2015\/10\/STEO-Canada.jpg\" alt=\"STEO Canada\" width=\"736\" height=\"414\" \/><\/a><\/p>\n<p>Canada, the EIA says, was down 240,000 bpd in September and up again 270,000 bpd in October and then continue to climb at a steady pace through the end of 2016. The upward trend the EIA expects in Canadian production seems to match the same upward trend that Canada has experienced since 2011. It seems that the EIA expects the drop in the price of crude oil to have almost no effect whatsoever on Canadian total liquids production.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>EIA Short Term Energy Outlook The EIA is out with the latest\u00a0Short Term Energy Outlook.\u00a0All charts below are in million barrels per day. The one table is in thousand barrels per day. The projected data is through December 2016. The EIA has Non-OPEC total liquids dropping 620,000 bpd in September, up 280,000 bpd in November [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[251,267,6245,6074,7168],"class_list":["post-13148","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-eia","tag-energy-information-administration","tag-peak-oil-barrel","tag-ron-patterson","tag-short-term-energy-outlook"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13148"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13148\/revisions"}],"predecessor-version":[{"id":13149,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/13148\/revisions\/13149"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}