International energy outlook 1990

Abstract

This report presents the current Energy Information Administration (EIA) assessment of the long-term outlook for international energy markets. This report is provided, as are other EIA reports, as a statistical service for use by managers and international energy analysts and not as a government energy plan. Current United States Government policies and foreign government policies are assumed to hold over the projection interval, which extends to the year 2010. This report emphasizes oil market developments, particularly future world oil prices and oil production potential. This emphasis in no way minimizes the importance of other energy markets; moreover, the analysis recognizes that the development of alternative energy sources impacts directly on the world oil market. The world oil price projections developed in this international setting are, in turn, used as assumptions for analyses of The United States domestic energy market provided in EIA's Annual Energy Outlook 1990. Since the United States energy market affects and is affected by the international market, the methodology incorporates this interaction to the extent possible. The domestic energy projections shown in this report are the same as those contained in the Annual Energy Outlook 1990. Projections in this report are also consistent with those published in EIA's October 1989 Short-Term Energy Outlook. Sources providing more detailed discussions on the United States domestic markets and other subjects discussed in this report are referenced in Appendix D. 31 figs., 14 tabs.