20200416EIA Mountain Region Reference Natural Gas Price Forecast.pdf

3.8. Energy Prices by Sector and Source
(2019 dollars per million Btu, unless otherwise noted)
Mountain - 08
Sector and Source 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
Electric Power 8/
Distillate Fuel Oil 22.32 21.99 21.49 21.14 20.73 20.55 20.07 20.47 20.50 20.89
Residual Fuel Oil 5.96 6.81 7.51 8.29 8.93 9.68 10.39 10.41 10.83 10.71
Natural Gas 2.90 2.69 2.89 2.82 2.88 3.07 3.40 3.70 3.88 3.99
Steam Coal 1.89 1.82 1.65 1.58 1.55 1.49 1.47 1.48 1.48 1.47
Uranium 0.68 0.68 0.68 0.68 0.68 0.68 0.69 0.69 0.69 0.69
Prices in Nominal Dollars
Electric Power 8/
Distillate Fuel Oil 22.32 22.53 22.55 22.74 22.85 23.17 23.14 24.15 24.76 25.84
Residual Fuel Oil 5.96 6.98 7.88 8.92 9.84 10.91 11.98 12.29 13.08 13.24
Natural Gas 2.90 2.75 3.03 3.04 3.18 3.46 3.92 4.36 4.69 4.93
Steam Coal 1.89 1.87 1.73 1.69 1.71 1.68 1.70 1.74 1.79 1.82
Uranium 0.68 0.69 0.71 0.73 0.75 0.77 0.79 0.81 0.83 0.85
2029 2030 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044
21.08 21.21 21.52 21.68 22.07 22.30 22.53 22.81 22.93 23.17 23.41 23.49 23.70 24.09 24.26 24.48
11.16 11.37 11.66 11.79 11.93 12.03 12.29 12.46 12.73 12.92 13.21 13.54 13.85 14.06 14.27 14.42
4.00 3.94 3.92 3.96 4.03 4.09 4.12 4.15 4.26 4.31 4.33 4.35 4.35 4.37 4.41 4.46
1.47 1.46 1.46 1.47 1.48 1.48 1.48 1.49 1.50 1.50 1.49 1.49 1.48 1.48 1.46 1.47
0.69 0.69 0.69 0.70 0.70 0.70 0.70 0.70 0.70 0.71 0.71 0.71 0.71 0.71 0.72 0.72
26.70 27.50 28.52 29.37 30.57 31.55 32.57 33.70 34.63 35.77 36.97 37.91 39.11 40.67 41.91 43.27
14.14 14.74 15.46 15.98 16.52 17.02 17.76 18.40 19.23 19.95 20.85 21.85 22.86 23.74 24.65 25.50
5.07 5.11 5.19 5.37 5.59 5.79 5.96 6.13 6.43 6.66 6.83 7.01 7.18 7.38 7.61 7.89
1.86 1.90 1.94 2.00 2.04 2.10 2.14 2.20 2.27 2.31 2.36 2.40 2.44 2.50 2.53 2.59
0.88 0.90 0.92 0.94 0.97 0.99 1.01 1.04 1.06 1.09 1.12 1.15 1.17 1.21 1.24 1.27
2019-
2045 2046 2047 2048 2049 2050 2050
24.93 24.95 25.38 25.69 25.93 26.07 0.5%
14.50 14.84 14.88 15.04 15.25 15.59 3.1%
4.48 4.56 4.64 4.69 4.72 4.82 1.7%
1.48 1.50 1.51 1.51 1.49 1.50 -0.7%
0.72 0.72 0.72 0.73 0.73 0.73 0.2%
45.11 46.22 48.14 49.95 51.67 53.22 2.8%
26.24 27.50 28.23 29.24 30.38 31.81 5.5%
8.11 8.44 8.80 9.12 9.40 9.84 4.0%
2.68 2.77 2.86 2.93 2.96 3.07 1.6%
1.30 1.34 1.37 1.41 1.45 1.49 2.6%