EIA’s Annual Energy Outlook 2019 projects growing oil, natural gas, renewables production

EIA’s Annual Energy Outlook 2019 projects growing oil, natural gas, renewables production
EIA’s Annual Energy Outlook 2019 (AEO2019), which will be released later this morning, includes projections of U.S. energy markets through 2050 based on a Reference case and six side cases that include different assumptions regarding prices, economic activity, and technology and resource estimates. AEO2019 projects continued development of U.S. shale and tight oil and natural gas resources. Natural gas and natural gas plant liquids (NGPLs) experience the highest production growth of all fossil fuels, and they account for almost one-third of cumulative U.S. liquids production through the 2050 projection period.