Tuesday,
August 11
August 11
EIA U.S. Energy Outlook
The U.S. Energy Information Administration will issue its Short-Term Energy Outlook report, providing a forecast on liquid fuels, natural gas, electricity, coal, and renewables. U.S. petroleum demand is projected to see a widespread dip for the rest of the 2020 calendar year, primarily as a consequence of the COVID-19 pandemic. Jet fuel and motor oil consumption is expected to decrease by 31 percent and 10 percent, respectively, as juxtaposed to rates at this time in 2019.