![]() That compares with 4.577 billion tonnes in 2020, which was the lowest since 1983 because the coronavirus pandemic depressed demand for energy. In 2020, coal output fell to 535 million short tons, its lowest since 1965.Īs the economy grows and consumers burn more oil and gas, the EIA projected carbon dioxide emissions from fossil fuels would rise to 4.943 billion tonnes in 2022 from 4.872 billion tonnes in 2021, before falling to 4.864 billion tonnes in 2023. ![]() ![]() coal production would rise from 578 million short tons in 2021 to 599 million short tons in 2022 and 601 million short tons in 2023 as demand for the fuel increases overseas. That was higher than its July forecast of 10.85 bcfd in 2022 due to the earlier than previously expected return to service of the Freeport LNG export plant in Texas in early October. liquefied natural gas (LNG) exports would reach 11.16 bcfd in 2022 and 12.68 bcfd in 2023, up from a record 9.76 bcfd in 2021. The EIA’s latest supply projection for 2022 was higher than its July forecast of 96.23 bcfd, while its demand projection was lower than its July forecast of 85.85 bcfd. That compares with a record 85.29 bcfd in 2019. We forecast that global consumption will rise by an average of 2.1 million b/d for all of 2022 and by an average of 2.0 million b/d in 2023. The agency also projected gas consumption would rise from 82.97 in 2021 to 85.16 bcfd in 2022 before sliding to 83.84 bcfd in 2023. The consumption of gasoline in the United States amounted to nearly nine million barrels per day in July 2022. We estimate that 99.4 million b/d of petroleum and liquid fuels was consumed globally in August 2022, up by 1.6 million b/d from August 2021. Energy Information Administration (EIA) said in its Short Term Energy Outlook (STEO) on Tuesday.ĮIA projected dry gas production will rise to 96.59 billion cubic feet per day (bcfd) in 2022 and 100.02 bcfd in 2023 from a record 93.55 bcfd in 2021. natural gas production will rise to a record high in 2022, the U.S.
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