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Tuesday, August 12, 2014

EIA Projects Fossil Fuel Prices

Price Summary
  2012 2013 2014 2015
a West Texas Intermediate.
b Average regular pump price.
c On-highway retail.
d U.S. Residential average.
WTI Crude Oila
(dollars per barrel)
94.12 97.91 100.45 96.08
Brent Crude Oil
(dollars per barrel)
111.65 108.64 108.11 105.00
Gasolineb
(dollars per gallon)
3.63 3.51 3.50 3.46
Dieselc
(dollars per gallon)
3.97 3.92 3.89 3.87
Heating Oild
(dollars per gallon)
3.79 3.78 3.83 3.74
Natural Gasd
(dollars per thousand cubic feet)
10.69 10.31 11.06 11.35
Electricityd
(cents per kilowatthour)
11.88 12.12 12.46 12.69

Source: Short Term Energy Outlook