The EIA’s Short Term Energy Outlook is out. The data is in million barrels per day. (Click to enlarge) While not much has changed in the EIA’s projection since last month, their projection for the remainder of this year and next year has increased slightly. The EIA has Non-OPEC total liquids peaking, so far, in 2015. They have Non-OPEC liquids dropping .58 Mbd in 2016 and another .24 Mbd in 2017. (Click to enlarge) The EIA has U.S. C+C production dropping sharply through August then leveling out for the remainder of the next two years. (Click to enlarge) All gain in the next year and a half will come from the Gulf of Mexico, or that is what the EIA expects. The spikes lower in August, September and October are the EIA making their expectations of what the hurricane season will bring. (Click to enlarge) The EIA expects Alaska […]