Short-Term Energy Outlook Real and Nominal Prices, January 2011

Imported Crude Oil Prices (Annual)

Imported Crude Oil Prices (Quarterly)
Imported Crude Oil Prices (Monthly)
Motor Gasoline Retail Prices (Annual)
Motor Gasoline Retail Prices (Quarterly)
Motor Gasoline Retail Pirces (Monthly)
On-highway Diesel Prices (Annual)
On-highway Diesel Prices (Quarterly)
On-highway Diesel Prices (Monthly)
Heating Oil Prices (Annual)
Heating Oil Prices (Quarterly)
Heating Oil Prices (Monthly)
Residential Natural Gas Prices (Annual)
Residential Natural Gas Prices (Quarterly)
Residential Natural Gas Prices (Monthly)
Residential Electricity Prices (Annual)
Residential Electricity Prices (Quarterly)
Residential Electricity Prices (Monthly)
Notes and Sources

EIA Short-Term Energy Outlook, January 2011

Annual Average Imported Crude Oil Price
Return to Contents

Annual Imported Crude Oil Price

100
90
80
70
60
50
40
30
20
10
0

1969 1971 1973 1975 1977 1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003
1968 1970 1972 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 20

Year
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977

Consumer Price
Index (1982-84=1)
0.348
0.367
0.388
0.405
0.418
0.444
0.493
0.538
0.569
0.606

Imported Crude Oil Price ($/barrel)

Nominal
Real
2.90
18.37
2.80
16.82
2.96
16.82
3.17
17.25
3.22
16.98
4.08
20.26
12.52
55.98
13.95
57.12
13.48
52.20
14.53
52.82

1978
0.652
1979
0.726
1980
0.824
1981
0.909
1982
0.965
1983
0.996
1984
1.039
1985
1.076
1986
1.097
1987
1.136
1988
1.183
1989
1.239
1990
1.307
1991
1.362
1992
1.403
1993
1.445
1994
1.482
1995
1.524
1996
1.569
1997
1.605
1998
1.630
1999
1.666
2000
1.722
2001
1.770
2002
1.799
2003
1.840
2004
1.889
2005
1.953
2006
2.016
2007
2.073
2008
2.152
2009
2.145
2010
2.181
2011
2.218
2012
2.257
Base CPI (1/2011)
2.204
EIA Short-Term Energy Outlook, January 2011
Forecast / estimated values shown in blue
Real Price (Jan 2011 $)
See Notes and Sources for more information

14.57
21.57
33.86
37.10
33.57
29.31
28.88
26.99
13.93
18.14
14.60
18.07
21.73
18.73
18.21
16.13
15.54
17.14
20.62
18.49
12.07
17.27
27.72
21.99
23.71
27.73
35.89
48.89
59.05
67.19
92.57
59.04
75.78
90.30
94.51

49.22
65.51
90.59
89.93
76.65
64.89
61.24
55.29
28.00
35.19
27.21
32.14
36.67
30.31
28.61
24.61
23.11
24.80
28.97
25.39
16.32
22.85
35.49
27.38
29.06
33.22
41.88
55.19
64.58
71.43
94.80
60.65
76.59
89.74
92.28

1
1

Price

5 1997 1999 2001 2003 2005 2007 2009 2011

1996 1998 2000 2002 2004 2006 2008 2010 2012

EIA Short-Term Energy Outlook, January 2011

Quarterly Average Imported Crude Oil Price
Return to Contents

Quarterly Imported Crude Oil Price

120

100

80

60

40

20

1975Q3 1978Q3 1981Q3 1984Q3 1987Q3 1990Q3 1993Q3 1996Q3 1999Q3 2002Q3 20
1974Q1 1977Q1 1980Q1 1983Q1 1986Q1 1989Q1 1992Q1 1995Q1 1998Q1 2001Q1 2004Q1

Quarter
1974Q1
1974Q2
1974Q3
1974Q4
1975Q1
1975Q2
1975Q3
1975Q4
1976Q1
1976Q2

Consumer Price
Index (1982-84=1)
0.473
0.486
0.499
0.515
0.526
0.532
0.543
0.553
0.559
0.564

Imported Crude Oil Price ($/barrel)

Nominal
Real
11.53
53.75
12.95
58.76
12.66
55.88
12.60
53.96
13.02
54.62
13.58
56.28
14.11
57.31
14.84
59.18
13.35
52.65
13.43
52.49

1976Q3
1976Q4
1977Q1
1977Q2
1977Q3
1977Q4
1978Q1
1978Q2
1978Q3
1978Q4
1979Q1
1979Q2
1979Q3
1979Q4
1980Q1
1980Q2
1980Q3
1980Q4
1981Q1
1981Q2
1981Q3
1981Q4
1982Q1
1982Q2
1982Q3
1982Q4
1983Q1
1983Q2
1983Q3
1983Q4
1984Q1
1984Q2
1984Q3
1984Q4
1985Q1
1985Q2
1985Q3
1985Q4
1986Q1
1986Q2
1986Q3
1986Q4
1987Q1
1987Q2
1987Q3
1987Q4
1988Q1
1988Q2
1988Q3
1988Q4

0.573
0.581
0.592
0.602
0.611
0.620
0.630
0.645
0.660
0.675
0.692
0.714
0.737
0.760
0.790
0.817
0.832
0.856
0.879
0.898
0.923
0.938
0.946
0.960
0.976
0.979
0.980
0.991
1.001
1.011
1.025
1.035
1.044
1.053
1.063
1.072
1.079
1.090
1.096
1.090
1.097
1.105
1.118
1.131
1.143
1.153
1.162
1.176
1.190
1.203

13.52
13.59
14.38
14.54
14.54
14.64
14.50
14.49
14.49
14.77
15.91
19.24
24.03
26.93
32.13
34.10
34.47
35.13
38.72
37.77
35.93
35.85
35.08
33.19
33.16
33.09
30.30
28.60
29.28
29.36
28.89
29.19
28.88
28.54
27.26
27.49
26.58
26.71
19.48
12.83
11.88
13.47
16.87
18.31
19.06
17.99
15.19
15.69
14.32
13.28

52.01
51.55
53.56
53.20
52.47
52.09
50.72
49.53
48.43
48.24
50.69
59.41
71.86
78.07
89.60
92.01
91.29
90.49
97.06
92.75
85.84
84.27
81.73
76.23
74.85
74.47
68.15
63.59
64.47
64.02
62.10
62.17
60.97
59.75
56.54
56.51
54.30
54.01
39.19
25.95
23.87
26.88
33.25
35.69
36.77
34.38
28.81
29.41
26.53
24.34

1989Q1
1989Q2
1989Q3
1989Q4
1990Q1
1990Q2
1990Q3
1990Q4
1991Q1
1991Q2
1991Q3
1991Q4
1992Q1
1992Q2
1992Q3
1992Q4
1993Q1
1993Q2
1993Q3
1993Q4
1994Q1
1994Q2
1994Q3
1994Q4
1995Q1
1995Q2
1995Q3
1995Q4
1996Q1
1996Q2
1996Q3
1996Q4
1997Q1
1997Q2
1997Q3
1997Q4
1998Q1
1998Q2
1998Q3
1998Q4
1999Q1
1999Q2
1999Q3
1999Q4
2000Q1
2000Q2
2000Q3
2000Q4
2001Q1
2001Q2

1.217
1.236
1.246
1.259
1.280
1.293
1.315
1.338
1.348
1.356
1.366
1.377
1.387
1.397
1.408
1.420
1.431
1.441
1.448
1.460
1.467
1.475
1.489
1.498
1.509
1.521
1.529
1.537
1.551
1.564
1.573
1.587
1.596
1.600
1.608
1.617
1.620
1.625
1.634
1.641
1.647
1.660
1.672
1.684
1.701
1.714
1.730
1.742
1.759
1.771

16.78
18.97
17.61
18.83
19.75
15.94
23.09
29.69
19.45
18.15
18.61
18.80
16.16
18.66
19.43
18.27
17.35
17.67
15.60
14.09
13.01
15.80
16.70
16.16
17.00
18.21
16.59
16.77
18.41
20.23
20.68
23.04
21.00
17.92
17.77
17.59
13.33
12.35
11.85
10.85
10.90
15.43
19.68
23.01
26.83
26.54
29.10
28.25
24.09
23.85

30.40
33.81
31.15
32.98
34.00
27.17
38.69
48.93
31.81
29.51
30.04
30.08
25.68
29.44
30.41
28.36
26.72
27.03
23.76
21.28
19.55
23.60
24.73
23.79
24.83
26.38
23.92
24.05
26.17
28.51
28.98
32.01
29.00
24.68
24.36
23.98
18.14
16.75
15.99
14.57
14.58
20.50
25.94
30.11
34.77
34.13
37.08
35.74
30.19
29.68

2001Q3
1.776
2001Q4
1.775
2002Q1
1.781
2002Q2
1.795
2002Q3
1.804
2002Q4
1.815
2003Q1
1.834
2003Q2
1.831
2003Q3
1.844
2003Q4
1.851
2004Q1
1.867
2004Q2
1.882
2004Q3
1.894
2004Q4
1.914
2005Q1
1.924
2005Q2
1.937
2005Q3
1.966
2005Q4
1.984
2006Q1
1.994
2006Q2
2.013
2006Q3
2.032
2006Q4
2.023
2007Q1
2.043
2007Q2
2.067
2007Q3
2.079
2007Q4
2.104
2008Q1
2.128
2008Q2
2.156
2008Q3
2.189
2008Q4
2.137
2009Q1
2.125
2009Q2
2.135
2009Q3
2.154
2009Q4
2.168
2010Q1
2.176
2010Q2
2.172
2010Q3
2.180
2010Q4
2.195
2011Q1
2.207
2011Q2
2.211
2011Q3
2.221
2011Q4
2.232
2012Q1
2.242
2012Q2
2.250
2012Q3
2.263
2012Q4
2.274
Base CPI (1/2011)
2.204
EIA Short-Term Energy Outlook, January 2011
Forecast / estimated values shown in blue
Real Price (Jan 2011 $)

23.02
16.94
19.23
23.96
25.90
25.43
30.49
25.61
27.37
27.81
31.02
33.86
38.54
39.82
41.08
45.92
56.65
51.99
54.70
63.56
63.91
53.44
53.19
62.38
70.43
82.44
89.70
115.84
112.84
52.26
40.48
57.50
66.38
73.04
75.28
74.33
73.32
80.70
88.15
90.00
91.00
92.00
93.00
94.00
95.00
96.00

28.56
21.04
23.81
29.43
31.65
30.88
36.65
30.84
32.72
33.11
36.63
39.67
44.86
45.86
47.07
52.27
63.51
57.75
60.46
69.60
69.34
58.23
57.39
66.54
74.66
86.36
92.90
118.46
113.62
53.91
41.99
59.37
67.92 Forecast
74.26
Values
76.24
120.68
75.42
114.28
74.12
140.81
81.06
181.88
88.03
89.73
90.31
90.84
91.42
92.07
92.54
93.05

See Notes and Sources for more information

il Price

1999Q3 2002Q3 2005Q3 2008Q3 2011Q3

8Q1 2001Q1 2004Q1 2007Q1 2010Q1

EIA Short-Term Energy Outlook, January 2011

Monthly Average Imported Crude Oil Price
Return to Contents

Monthly Imported Crude Oil Price

140

120

100

80

60

40

20

0
April 1976
October 1980 April 1985
October 1989 April 1994 October 1998 April 2003 October 2007
April 2012
January 1974
July 1978
January 1983
July 1987
January 1992
July 1996
January 2001
July 2005
January 2010

Month
January 1974
February 1974
March 1974
April 1974
May 1974
June 1974
July 1974
August 1974
September 1974
October 1974
November 1974
December 1974
January 1975
February 1975
March 1975
April 1975
May 1975
June 1975
July 1975
August 1975
September 1975
October 1975
November 1975
December 1975
January 1976
February 1976
March 1976
April 1976
May 1976
June 1976
July 1976
August 1976
September 1976
October 1976
November 1976
December 1976
January 1977
February 1977
March 1977
April 1977
May 1977
June 1977
July 1977

Consumer Price
Index (1982-84=1)
0.468
0.473
0.478
0.481
0.486
0.490
0.493
0.499
0.506
0.510
0.515
0.519
0.524
0.526
0.527
0.529
0.532
0.535
0.539
0.543
0.546
0.550
0.553
0.555
0.557
0.559
0.561
0.562
0.564
0.566
0.570
0.573
0.576
0.578
0.581
0.585
0.588
0.592
0.595
0.599
0.602
0.605
0.608

Imported Crude Oil Price ($/barrel)

Nominal
Real
9.59
45.17
12.45
58.02
12.73
58.70
12.72
58.29
13.02
59.05
13.06
58.75
12.75
57.01
12.68
56.01
12.53
54.58
12.44
53.77
12.53
53.63
12.82
54.45
12.77
53.68
13.05
54.74
13.28
55.53
13.26
55.23
13.27
55.00
14.15
58.31
14.03
57.35
14.25
57.88
14.04
56.67
14.66
58.77
15.04
59.97
14.81
58.79
13.27
52.51
13.26
52.28
13.51
53.10
13.39
52.54
13.41
52.42
13.48
52.46
13.51
52.24
13.58
52.24
13.47
51.56
13.49
51.43
13.58
51.50
13.71
51.70
14.11
52.85
14.50
53.99
14.54
53.82
14.36
52.83
14.62
53.50
14.63
53.27
14.44
52.37

Soybean Futures Price ($/barrel)

Nominal
Real
89.68
422.39
103.64
482.96
83.00
382.76
91.82
420.79
90.88
412.17
99.45
447.35
148.59
664.35
113.02
499.26
155.52
677.46
120.11
519.13
125.53
537.27
114.44
486.04
98.60
414.47
78.12
327.68
97.02
405.70
79.70
331.92
69.55
288.27
70.34
289.85
86.09
351.93
72.23
293.38
71.98
290.53
59.76
239.54
53.08
211.64
48.98
194.43
48.76
192.94
52.61
207.41
50.81
199.69
50.40
197.77
54.12
211.56
61.27
238.43
59.69
230.80
68.99
265.37
66.15
253.20
72.14
274.99
65.93
250.03
65.84
248.26
70.62
264.53
73.87
275.03
89.21
330.21
92.70
341.04
101.65
371.95
84.01
305.88
68.76
249.39

August 1977
September 1977
October 1977
November 1977
December 1977
January 1978
February 1978
March 1978
April 1978
May 1978
June 1978
July 1978
August 1978
September 1978
October 1978
November 1978
December 1978
January 1979
February 1979
March 1979
April 1979
May 1979
June 1979
July 1979
August 1979
September 1979
October 1979
November 1979
December 1979
January 1980
February 1980
March 1980
April 1980
May 1980
June 1980
July 1980
August 1980
September 1980
October 1980
November 1980
December 1980
January 1981
February 1981
March 1981
April 1981
May 1981
June 1981
July 1981
August 1981
September 1981
October 1981
November 1981
December 1981
January 1982
February 1982
March 1982
April 1982
May 1982
June 1982
July 1982
August 1982
September 1982
October 1982
November 1982
December 1982
January 1983
February 1983
March 1983
April 1983
May 1983
June 1983
July 1983
August 1983
September 1983
October 1983
November 1983
December 1983
January 1984
February 1984
March 1984
April 1984
May 1984
June 1984
July 1984

0.611
0.614
0.616
0.620
0.623
0.626
0.630
0.635
0.640
0.645
0.650
0.655
0.660
0.665
0.670
0.675
0.680
0.686
0.692
0.699
0.707
0.714
0.722
0.729
0.737
0.745
0.752
0.760
0.769
0.781
0.790
0.800
0.810
0.817
0.824
0.826
0.832
0.839
0.848
0.856
0.864
0.872
0.880
0.886
0.891
0.897
0.905
0.916
0.923
0.929
0.934
0.938
0.941
0.942
0.946
0.950
0.955
0.960
0.965
0.973
0.977
0.979
0.979
0.979
0.980
0.978
0.980
0.982
0.988
0.991
0.995
0.998
1.001
1.004
1.007
1.011
1.015
1.021
1.026
1.029
1.032
1.035
1.038
1.041

14.68
14.50
14.56
14.61
14.76
14.52
14.41
14.57
14.40
14.51
14.54
14.49
14.46
14.53
14.63
14.74
14.94
15.50
15.88
16.41
17.58
19.00
21.03
23.09
23.98
25.06
25.05
27.02
28.91
30.75
32.40
33.42
33.54
34.33
34.48
34.51
34.44
34.46
34.63
35.09
35.63
38.85
39.00
38.31
38.41
37.84
37.03
36.58
35.82
35.44
35.43
36.21
35.95
35.54
35.48
34.07
32.82
32.78
33.79
33.44
32.95
33.03
33.28
33.09
32.85
31.40
30.76
28.43
27.95
28.53
29.23
28.76
29.50
29.54
29.67
29.09
29.30
28.80
28.91
28.95
29.11
29.26
29.19
29.00

52.99
52.09
52.07
51.98
52.23
51.11
50.40
50.61
49.61
49.61
49.34
48.79
48.32
48.18
48.16
48.14
48.40
49.83
50.60
51.78
54.85
58.66
64.25
69.79
71.72
74.17
73.47
78.36
82.83
86.81
90.35
92.12
91.30
92.57
92.26
92.09
91.24
90.54
90.03
90.40
90.95
98.18
97.74
95.29
95.07
92.94
90.19
88.04
85.54
84.08
83.65
85.10
84.17
83.12
82.69
79.07
75.78
75.30
77.20
75.77
74.35
74.34
74.96
74.47
73.90
70.76
69.21
63.80
62.37
63.43
64.77
63.54
64.96
64.84
64.94
63.43
63.62
62.16
62.14
62.00
62.18
62.31
61.98
61.41

60.54
59.47
57.93
65.30
66.12
64.42
70.40
82.37
86.53
89.15
80.70
75.35
82.53
79.60
82.62
78.59
77.40
79.19
85.90
86.85
81.90
81.96
85.59
86.37
92.20
86.69
81.81
84.33
74.91
76.10
71.13
65.33
62.56
67.79
75.57
86.69
82.75
79.10
84.17
89.24
76.39
71.76
75.66
79.25
75.10
73.55
67.44
70.94
64.64
63.85
67.00
62.28
58.56
63.57
58.12
59.47
62.46
61.46
58.02
56.89
54.34
52.86
52.95
52.79
50.65
55.19
51.41
58.46
61.77
58.75
61.14
73.46
105.37
99.70
89.15
84.74
91.57
85.90
88.14
93.93
102.28
116.02
106.06
84.89

218.54
213.66
207.15
232.31
233.94
226.74
246.25
286.13
298.12
304.82
273.86
253.72
275.78
263.96
271.97
256.67
250.73
254.61
273.69
274.02
255.52
253.05
261.46
261.06
275.76
256.58
239.92
244.54
214.62
214.84
198.34
180.07
170.29
182.80
202.20
231.33
219.22
207.82
218.82
229.89
194.99
181.34
189.63
197.12
185.87
180.66
164.26
170.74
154.36
151.47
158.18
146.36
137.11
148.68
135.45
138.03
144.23
141.18
132.57
128.90
122.61
118.97
119.26
118.82
113.94
124.36
115.68
131.21
137.84
130.62
135.47
162.29
232.03
218.82
195.13
184.78
198.83
185.41
189.45
201.17
218.49
247.07
225.21
179.75

August 1984
September 1984
October 1984
November 1984
December 1984
January 1985
February 1985
March 1985
April 1985
May 1985
June 1985
July 1985
August 1985
September 1985
October 1985
November 1985
December 1985
January 1986
February 1986
March 1986
April 1986
May 1986
June 1986
July 1986
August 1986
September 1986
October 1986
November 1986
December 1986
January 1987
February 1987
March 1987
April 1987
May 1987
June 1987
July 1987
August 1987
September 1987
October 1987
November 1987
December 1987
January 1988
February 1988
March 1988
April 1988
May 1988
June 1988
July 1988
August 1988
September 1988
October 1988
November 1988
December 1988
January 1989
February 1989
March 1989
April 1989
May 1989
June 1989
July 1989
August 1989
September 1989
October 1989
November 1989
December 1989
January 1990
February 1990
March 1990
April 1990
May 1990
June 1990
July 1990
August 1990
September 1990
October 1990
November 1990
December 1990
January 1991
February 1991
March 1991
April 1991
May 1991
June 1991
July 1991

1.044
1.047
1.050
1.053
1.056
1.059
1.063
1.066
1.070
1.072
1.075
1.076
1.079
1.082
1.087
1.090
1.093
1.095
1.096
1.096
1.090
1.090
1.091
1.095
1.097
1.099
1.101
1.104
1.108
1.114
1.118
1.122
1.127
1.131
1.135
1.139
1.143
1.146
1.150
1.153
1.157
1.159
1.162
1.166
1.171
1.176
1.180
1.185
1.190
1.195
1.199
1.203
1.207
1.211
1.216
1.222
1.231
1.237
1.241
1.242
1.246
1.250
1.253
1.258
1.265
1.274
1.281
1.286
1.287
1.293
1.299
1.308
1.315
1.323
1.332
1.338
1.343
1.345
1.348
1.351
1.353
1.356
1.359
1.362

28.92
28.70
28.79
28.74
28.02
27.49
26.99
27.20
27.59
27.60
27.25
26.57
26.61
26.56
26.79
27.12
26.21
24.93
18.11
14.22
13.15
13.17
12.25
10.91
11.87
12.85
12.78
13.46
14.17
16.45
16.98
17.26
17.89
18.25
18.71
19.26
19.32
18.57
18.53
18.14
17.20
15.45
15.43
14.73
15.62
15.93
15.50
14.81
14.32
13.84
13.05
12.66
14.11
16.04
16.61
17.77
19.59
19.05
18.27
17.99
17.23
17.62
18.29
18.32
20.05
20.51
19.78
18.94
16.66
16.07
15.15
16.54
24.26
29.88
32.88
30.19
25.56
22.30
18.30
17.58
18.32
18.36
17.78
18.14

61.06
60.42
60.44
60.16
58.48
57.20
55.98
56.25
56.86
56.73
55.88
54.42
54.37
54.11
54.32
54.83
52.87
50.17
36.42
28.61
26.58
26.64
24.76
21.97
23.85
25.76
25.58
26.86
28.18
32.56
33.48
33.90
35.00
35.58
36.34
37.28
37.27
35.71
35.52
34.67
32.78
29.39
29.27
27.84
29.40
29.87
28.95
27.54
26.52
25.54
24.00
23.20
25.76
29.19
30.10
32.05
35.07
33.95
32.45
31.92
30.48
31.08
32.17
32.09
34.95
35.47
34.05
32.47
28.53
27.40
25.71
27.88
40.66
49.79
54.41
49.73
41.96
36.56
29.93
28.69
29.85
29.85
28.84
29.35

86.06
82.44
85.27
88.11
81.02
86.25
89.21
96.14
102.47
94.72
94.63
80.01
70.75
66.65
63.00
60.20
66.97
62.18
52.76
60.61
58.75
55.16
51.00
49.96
42.71
44.95
48.23
48.89
47.82
52.64
48.10
49.11
50.15
51.63
51.94
51.12
49.87
52.20
54.68
58.05
65.43
66.28
66.62
66.81
72.01
80.14
98.91
81.36
84.58
76.36
74.12
68.42
71.88
69.08
73.08
70.81
71.91
66.81
64.67
56.29
58.09
59.82
60.32
59.60
58.91
60.39
66.84
69.55
73.87
74.40
78.28
77.65
76.14
73.65
68.61
67.28
65.33
68.14
68.17
66.87
64.23
64.29
58.37
67.22

181.70
173.55
179.02
184.44
169.09
179.44
185.04
198.81
211.18
194.68
194.03
163.89
144.55
135.79
127.74
121.71
135.10
125.13
106.11
121.94
118.77
111.55
103.06
100.60
85.83
90.12
96.53
97.57
95.10
104.18
94.83
96.45
98.12
100.65
100.90
98.95
96.19
100.36
104.81
110.95
124.69
126.08
126.36
126.29
135.54
150.25
184.72
151.29
156.66
140.90
136.31
125.37
131.23
125.71
132.42
127.70
128.74
119.08
114.86
99.87
102.77
105.50
106.11
104.40
102.68
104.44
115.05
119.23
126.48
126.87
132.83
130.86
127.59
122.72
113.53
110.84
107.24
111.69
111.49
109.14
104.66
104.54
94.69
108.76

August 1991
September 1991
October 1991
November 1991
December 1991
January 1992
February 1992
March 1992
April 1992
May 1992
June 1992
July 1992
August 1992
September 1992
October 1992
November 1992
December 1992
January 1993
February 1993
March 1993
April 1993
May 1993
June 1993
July 1993
August 1993
September 1993
October 1993
November 1993
December 1993
January 1994
February 1994
March 1994
April 1994
May 1994
June 1994
July 1994
August 1994
September 1994
October 1994
November 1994
December 1994
January 1995
February 1995
March 1995
April 1995
May 1995
June 1995
July 1995
August 1995
September 1995
October 1995
November 1995
December 1995
January 1996
February 1996
March 1996
April 1996
May 1996
June 1996
July 1996
August 1996
September 1996
October 1996
November 1996
December 1996
January 1997
February 1997
March 1997
April 1997
May 1997
June 1997
July 1997
August 1997
September 1997
October 1997
November 1997
December 1997
January 1998
February 1998
March 1998
April 1998
May 1998
June 1998
July 1998

1.366
1.370
1.374
1.377
1.381
1.383
1.387
1.390
1.394
1.397
1.401
1.404
1.408
1.412
1.417
1.420
1.424
1.427
1.431
1.434
1.438
1.441
1.444
1.445
1.447
1.451
1.456
1.460
1.463
1.464
1.467
1.470
1.472
1.475
1.479
1.485
1.489
1.493
1.494
1.498
1.501
1.505
1.509
1.513
1.518
1.521
1.524
1.526
1.529
1.531
1.533
1.537
1.541
1.546
1.551
1.555
1.560
1.564
1.568
1.569
1.573
1.577
1.583
1.587
1.590
1.594
1.597
1.598
1.598
1.600
1.602
1.605
1.608
1.611
1.615
1.617
1.619
1.619
1.620
1.621
1.623
1.625
1.628
1.631

18.71
19.00
19.86
19.35
17.17
16.10
16.00
16.36
17.37
18.79
19.83
19.74
19.25
19.26
19.34
18.40
16.94
16.80
17.41
17.82
18.35
17.89
16.80
15.81
15.64
15.32
15.59
14.05
12.56
12.93
12.90
13.18
14.54
15.74
17.04
17.52
16.66
15.91
16.27
16.46
15.78
16.56
17.21
17.21
18.70
18.56
17.43
16.50
16.54
16.71
16.29
16.52
17.53
17.48
17.77
19.90
21.33
20.12
19.32
19.60
20.53
22.04
23.22
22.66
23.22
23.02
20.88
19.16
17.83
18.55
17.35
17.49
17.96
17.85
18.73
17.88
15.95
14.33
13.32
12.34
12.81
12.61
11.61
11.55

30.19
30.58
31.86
30.97
27.41
25.65
25.43
25.94
27.47
29.64
31.20
30.99
30.14
30.07
30.10
28.55
26.22
25.95
26.82
27.39
28.13
27.36
25.65
24.12
23.82
23.28
23.60
21.21
18.93
19.46
19.38
19.77
21.78
23.52
25.39
26.00
24.66
23.50
24.00
24.23
23.17
24.26
25.15
25.08
27.16
26.89
25.21
23.83
23.85
24.05
23.42
23.69
25.08
24.92
25.26
28.21
30.14
28.35
27.17
27.53
28.77
30.81
32.34
31.48
32.18
31.83
28.83
26.42
24.59
25.56
23.87
24.02
24.62
24.43
25.57
24.38
21.72
19.52
18.12
16.78
17.40
17.10
15.72
15.61

63.54
62.72
61.08
59.47
58.28
60.48
62.09
62.46
60.86
67.06
64.86
58.21
57.20
58.84
61.02
64.07
64.48
65.39
65.52
65.77
65.58
67.38
74.50
73.11
74.34
74.28
73.84
82.34
93.59
91.13
90.88
90.63
91.16
89.33
82.88
75.73
78.69
79.00
80.83
90.50
93.97
84.11
86.47
80.77
81.46
81.14
82.06
83.88
82.72
84.61
83.82
78.47
78.66
76.83
74.97
79.79
84.96
83.25
78.66
76.39
79.79
75.16
71.16
72.39
71.54
74.84
76.29
75.35
78.94
74.91
68.64
70.40
71.19
74.34
79.44
80.23
78.09
78.88
84.61
86.09
89.02
81.90
79.57
76.14

102.53
100.93
98.00
95.17
93.03
96.37
98.70
99.05
96.25
105.79
102.05
91.38
89.56
91.87
94.95
99.43
99.81
101.00
100.95
101.09
100.52
103.06
113.74
111.55
113.21
112.85
111.75
124.33
141.02
137.17
136.55
135.93
136.53
133.49
123.51
112.39
116.47
116.67
119.22
133.20
137.99
123.20
126.34
117.70
118.32
117.58
118.67
121.17
119.28
121.79
120.49
112.55
112.53
109.53
106.57
113.09
120.03
117.32
110.60
107.29
111.82
105.06
99.10
100.55
99.14
103.50
105.33
103.91
108.88
103.21
94.44
96.68
97.59
101.73
108.46
109.38
106.34
107.42
115.13
117.03
120.89
111.08
107.76
102.90

August 1998
September 1998
October 1998
November 1998
December 1998
January 1999
February 1999
March 1999
April 1999
May 1999
June 1999
July 1999
August 1999
September 1999
October 1999
November 1999
December 1999
January 2000
February 2000
March 2000
April 2000
May 2000
June 2000
July 2000
August 2000
September 2000
October 2000
November 2000
December 2000
January 2001
February 2001
March 2001
April 2001
May 2001
June 2001
July 2001
August 2001
September 2001
October 2001
November 2001
December 2001
January 2002
February 2002
March 2002
April 2002
May 2002
June 2002
July 2002
August 2002
September 2002
October 2002
November 2002
December 2002
January 2003
February 2003
March 2003
April 2003
May 2003
June 2003
July 2003
August 2003
September 2003
October 2003
November 2003
December 2003
January 2004
February 2004
March 2004
April 2004
May 2004
June 2004
July 2004
August 2004
September 2004
October 2004
November 2004
December 2004
January 2005
February 2005
March 2005
April 2005
May 2005
June 2005
July 2005

1.634
1.636
1.639
1.641
1.644
1.644
1.647
1.651
1.656
1.660
1.664
1.668
1.672
1.676
1.680
1.684
1.689
1.696
1.701
1.706
1.710
1.714
1.719
1.725
1.730
1.735
1.738
1.742
1.747
1.754
1.759
1.764
1.768
1.772
1.774
1.776
1.777
1.777
1.774
1.775
1.776
1.778
1.780
1.784
1.791
1.795
1.799
1.801
1.804
1.808
1.810
1.815
1.820
1.831
1.834
1.836
1.829
1.830
1.833
1.841
1.845
1.848
1.848
1.851
1.855
1.862
1.867
1.872
1.877
1.882
1.886
1.888
1.893
1.899
1.909
1.914
1.919
1.920
1.924
1.928
1.930
1.936
1.944
1.958

11.34
12.77
12.11
10.99
9.39
10.16
10.33
12.10
14.82
15.57
15.91
18.05
19.56
21.64
21.62
23.14
24.35
25.29
27.39
27.70
24.29
26.35
28.91
28.00
28.80
30.56
29.71
30.00
25.19
24.49
24.97
23.01
22.99
24.63
23.95
22.76
23.77
22.51
18.76
16.06
15.95
17.04
18.24
22.29
23.98
24.44
23.45
24.99
25.68
27.14
25.99
23.68
26.68
30.30
32.23
29.23
24.48
25.15
27.22
27.95
28.50
25.66
27.32
27.47
28.63
30.11
30.69
32.16
32.34
35.68
33.45
35.89
39.46
40.42
45.36
39.89
34.07
37.56
39.72
45.73
45.25
43.19
49.28
52.79

15.30
17.20
16.29
14.76
12.59
13.62
13.82
16.16
19.73
20.68
21.08
23.85
25.79
28.46
28.37
30.29
31.77
32.87
35.49
35.79
31.32
33.88
37.07
35.77
36.69
38.83
37.69
37.96
31.78
30.78
31.29
28.76
28.66
30.65
29.76
28.25
29.49
27.93
23.30
19.95
19.80
21.13
22.58
27.54
29.52
30.02
28.74
30.59
31.37
33.09
31.65
28.76
32.31
36.48
38.73
35.10
29.50
30.29
32.74
33.47
34.06
30.61
32.59
32.71
34.02
35.65
36.23
37.87
37.98
41.79
39.09
41.89
45.94
46.91
52.38
45.93
39.14
43.12
45.52
52.30
51.68
49.17
55.88
59.43

74.15
76.48
78.06
80.61
71.91
68.39
55.50
59.57
60.29
56.20
51.47
47.44
53.74
51.63
51.35
53.24
49.61
52.23
48.92
57.68
55.47
49.99
49.96
48.42
49.61
48.79
46.05
46.49
45.77
45.83
48.76
50.24
47.31
47.28
47.69
59.60
52.73
48.51
48.86
50.84
48.10
47.69
48.07
51.85
50.65
58.87
57.49
63.66
65.02
62.18
68.80
71.88
66.91
64.10
65.43
67.32
68.76
69.52
68.95
61.02
65.58
77.84
82.18
87.32
87.79
92.20
107.70
101.52
107.19
88.36
88.77
69.30
82.22
64.64
67.73
64.95
64.92
60.98
73.14
72.14
71.16
72.92
74.37
76.58

100.05
103.03
104.98
108.25
96.45
91.67
74.28
79.55
80.27
74.64
68.19
62.69
70.85
67.90
67.38
69.67
64.74
67.88
63.39
74.52
71.52
64.28
64.05
61.86
63.21
62.01
58.42
58.83
57.74
57.60
61.10
62.79
58.98
58.83
59.25
73.99
65.43
60.18
60.69
63.15
59.70
59.14
59.51
64.06
62.35
72.30
70.46
77.92
79.43
75.82
83.77
87.31
81.03
77.19
78.61
80.82
82.86
83.74
82.93
73.06
78.37
92.86
98.04
103.98
104.31
109.15
127.15
119.54
125.87
103.50
103.74
80.89
95.72
75.02
78.21
74.79
74.58
70.01
83.82
82.49
81.27
83.02
84.33
86.21

August 2005
September 2005
October 2005
November 2005
December 2005
January 2006
February 2006
March 2006
April 2006
May 2006
June 2006
July 2006
August 2006
September 2006
October 2006
November 2006
December 2006
January 2007
February 2007
March 2007
April 2007
May 2007
June 2007
July 2007
August 2007
September 2007
October 2007
November 2007
December 2007
January 2008
February 2008
March 2008
April 2008
May 2008
June 2008
July 2008
August 2008
September 2008
October 2008
November 2008
December 2008
January 2009
February 2009
March 2009
April 2009
May 2009
June 2009
July 2009
August 2009
September 2009
October 2009
November 2009
December 2009
January 2010
February 2010
March 2010
April 2010
May 2010
June 2010
July 2010
August 2010
September 2010
October 2010
November 2010
December 2010
January 2011
February 2011
March 2011
April 2011
May 2011
June 2011
July 2011
August 2011
September 2011
October 2011
November 2011
December 2011
January 2012
February 2012
March 2012
April 2012
May 2012
June 2012
July 2012

1.966
1.974
1.979
1.985
1.989
1.990
1.994
1.999
2.007
2.013
2.019
2.029
2.033
2.033
2.022
2.022
2.025
2.036
2.043
2.050
2.060
2.067
2.073
2.073
2.079
2.086
2.096
2.104
2.112
2.120
2.128
2.137
2.146
2.155
2.166
2.191
2.192
2.184
2.148
2.135
2.127
2.126
2.124
2.125
2.130
2.134
2.140
2.149
2.154
2.160
2.164
2.168
2.172
2.175
2.177
2.177
2.172
2.172
2.173
2.177
2.180
2.184
2.190
2.195
2.199
2.204
2.207
2.210
2.209
2.211
2.213
2.217
2.221
2.225
2.229
2.232
2.236
2.239
2.242
2.245
2.247
2.250
2.254
2.259

58.67
58.79
55.31
49.97
50.85
55.85
52.80
55.31
62.41
64.39
63.79
67.99
66.45
57.29
52.70
52.70
54.97
49.57
53.77
56.31
60.45
61.55
65.24
70.75
68.28
72.34
78.61
85.53
83.21
84.82
87.41
96.96
104.72
116.55
126.22
127.77
111.19
96.38
70.84
49.10
35.59
36.84
38.56
45.96
49.58
56.77
66.37
63.46
68.09
67.65
72.06
74.40
72.67
75.07
73.73
76.77
80.03
71.15
71.91
73.25
73.50
73.20
77.12
80.50
84.50
87.00
88.50
89.00
90.00
90.00
90.00
91.00
91.00
91.00
92.00
92.00
92.00
93.00
93.00
93.00
94.00
94.00
94.00
95.00

65.77
65.66
61.59
55.50
56.36
61.87
58.37
60.98
68.55
70.51
69.64
73.84
72.06
62.12
57.46
57.45
59.82
53.67
58.01
60.53
64.67
65.63
69.39
75.22
72.39
76.45
82.67
89.60
86.83
88.20
90.54
100.02
107.59
119.20
128.46
128.57
111.80
97.26
72.68
50.68
36.88
38.20
40.01
47.68
51.31
58.63
68.37
65.11
69.67
69.05
73.39
75.63
73.76
76.07
74.66
77.74
81.22
72.21
72.93
74.17
74.31
73.87
77.62
80.86
84.70
87.00
88.37
88.78
89.82
89.74
89.63
90.46
90.31
90.17
90.99
90.84
90.70
91.54
91.42
91.30
92.21
92.08
91.93
92.71

70.59
74.72
72.01
66.31
67.10
70.40
74.31
71.79
80.45
79.25
83.03
84.17
79.41
74.88
84.51
91.92
92.17
92.42
95.29
102.31
105.05
112.49
115.39
118.94
115.10
124.39
133.28
143.77
153.88
169.22
214.67
162.16
181.66
193.13
208.03
183.52
168.21
138.60
105.84
102.63
104.86
103.10
97.18
105.90
114.09
122.85
110.31
110.44
110.22
107.01
114.66
126.60
127.10
113.87
123.76
120.68
121.53
118.47
114.28
125.47
124.36
140.81
155.30
159.55
181.88
180.40

79.13
83.44
80.19
73.65
74.36
77.99
82.14
79.15
88.37
86.78
90.64
91.42
86.12
81.19
92.15
100.21
100.31
100.06
102.81
109.98
112.38
119.95
122.72
126.45
122.04
131.45
140.16
150.60
160.58
175.97
222.35
167.28
186.63
197.51
211.72
184.66
169.13
139.86
108.59
105.93
108.67
106.91
100.84
109.86
118.07
126.87
113.64
113.31
112.77
109.22
116.78
128.69
129.01
115.38
125.32
122.20
123.33
120.23
115.91
127.05
125.74
142.10
156.31
160.25
182.32
180.40

August 2012
2.263
September 2012
2.267
October 2012
2.271
November 2012
2.274
December 2012
2.278
Base CPI (1/2011)
2.204
EIA Short-Term Energy Outlook, January 2011
Forecast / estimated values shown in blue
Real Price (Jan 2011 $)
See Notes and Sources for more information

95.00
95.00
96.00
96.00
96.00

92.54
92.38
93.20
93.05
92.90

7
April 2012
ary 2010

EIA Short-Term Energy Outlook, January 2011

Annual Average Motor Gasoline Retail Price
Return to Contents

Annual Motor Gasoline Retail Price

3.50

3.00

2.50

2.00

1.50

1.00

0.50

0.00

1921 1925 1929 1933 1937 1941 1945 1949 1953 1957 1961 1965 1969 1973 1977 1981 1985 1989 199
1919 1923 1927 1931 1935 1939 1943 1947 1951 1955 1959 1963 1967 1971 1975 1979 1983 1987 1991 1

Year
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928

Consumer Price
Index (1982-84=1)
0.173
0.200
0.179
0.168
0.171
0.171
0.175
0.177
0.174
0.171

Motor Gasoline Price ($/gallon)

Nominal
Real
0.25
3.25
0.30
3.29
0.26
3.24
0.25
3.31
0.22
2.83
0.21
2.70
0.22
2.80
0.23
2.91
0.21
2.67
0.21
2.70

1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978

0.171
0.167
0.152
0.137
0.130
0.134
0.137
0.139
0.144
0.141
0.139
0.140
0.147
0.163
0.173
0.176
0.180
0.195
0.223
0.241
0.238
0.241
0.260
0.265
0.267
0.269
0.268
0.272
0.281
0.289
0.291
0.296
0.299
0.302
0.306
0.310
0.315
0.324
0.334
0.348
0.367
0.388
0.405
0.418
0.444
0.493
0.538
0.569
0.606
0.652

0.21
0.20
0.17
0.18
0.18
0.19
0.19
0.19
0.20
0.20
0.19
0.18
0.19
0.20
0.21
0.21
0.21
0.21
0.23
0.26
0.27
0.27
0.27
0.28
0.29
0.29
0.29
0.30
0.31
0.30
0.31
0.31
0.31
0.31
0.30
0.30
0.31
0.32
0.33
0.34
0.35
0.36
0.36
0.36
0.39
0.52
0.57
0.59
0.62
0.63

2.76
2.63
2.46
2.88
3.02
3.10
3.03
3.08
3.06
3.05
2.97
2.90
2.88
2.76
2.62
2.58
2.51
2.35
2.28
2.37
2.48
2.45
2.30
2.29
2.37
2.38
2.39
2.43
2.43
2.32
2.31
2.32
2.27
2.24
2.19
2.16
2.18
2.18
2.19
2.14
2.09
2.03
1.98
1.91
1.92
2.34
2.34
2.30
2.25
2.13

1979
0.726
1980
0.824
1981
0.909
1982
0.965
1983
0.996
1984
1.039
1985
1.076
1986
1.097
1987
1.136
1988
1.183
1989
1.239
1990
1.307
1991
1.362
1992
1.403
1993
1.445
1994
1.482
1995
1.524
1996
1.569
1997
1.605
1998
1.630
1999
1.666
2000
1.722
2001
1.770
2002
1.799
2003
1.840
2004
1.889
2005
1.953
2006
2.016
2007
2.073
2008
2.152
2009
2.145
2010
2.181
2011
2.218
2012
2.257
Base CPI (1/2011)
2.204
EIA Short-Term Energy Outlook, January 2011
Forecast / estimated values shown in blue
Real Price (Jan 2011 $)
See Notes and Sources for more information

0.86
1.25
1.38
1.26
1.21
1.18
1.17
0.88
0.91
0.91
0.99
1.13
1.10
1.09
1.07
1.08
1.11
1.20
1.20
1.03
1.14
1.49
1.43
1.34
1.56
1.85
2.27
2.58
2.81
3.26
2.35
2.78
3.17
3.29

2.61
3.33
3.34
2.87
2.67
2.49
2.39
1.78
1.77
1.69
1.76
1.90
1.78
1.71
1.63
1.60
1.61
1.69
1.65
1.39
1.51
1.90
1.77
1.65
1.87
2.16
2.56
2.82
2.98
3.33
2.41 Forecast
2.81
Values
3.15
1
3.21
1

ail Price

977 1981 1985 1989 1993 1997 2001 2005 2009

5 1979 1983 1987 1991 1995 1999 2003 2007 2011

EIA Short-Term Energy Outlook, January 2011

Quarterly Average Motor Gasoline Retail Price
Return to Contents

Quarterly Motor Gasoline Retail Price

4.00
3.50
3.00
2.50
2.00
1.50
1.00
0.50
0.00

1977Q2 1979Q4 1982Q2 1984Q4 1987Q2 1989Q4 1992Q2 1994Q4 1997Q2 1999Q4 2002Q2 2004Q4
1976Q1 1978Q3 1981Q1 1983Q3 1986Q1 1988Q3 1991Q1 1993Q3 1996Q1 1998Q3 2001Q1 2003Q3 200

Quarter
1976Q1
1976Q2
1976Q3
1976Q4
1977Q1
1977Q2
1977Q3
1977Q4
1978Q1
1978Q2

Consumer Price
Index (1982-84=1)
0.559
0.564
0.573
0.581
0.592
0.602
0.611
0.620
0.630
0.645

Motor Gasoline Price ($/gallon)

Nominal
Real
0.60
2.36
0.60
2.36
0.63
2.41
0.63
2.38
0.64
2.37
0.66
2.41
0.67
2.41
0.66
2.36
0.65
2.26
0.66
2.24

1978Q3
1978Q4
1979Q1
1979Q2
1979Q3
1979Q4
1980Q1
1980Q2
1980Q3
1980Q4
1981Q1
1981Q2
1981Q3
1981Q4
1982Q1
1982Q2
1982Q3
1982Q4
1983Q1
1983Q2
1983Q3
1983Q4
1984Q1
1984Q2
1984Q3
1984Q4
1985Q1
1985Q2
1985Q3
1985Q4
1986Q1
1986Q2
1986Q3
1986Q4
1987Q1
1987Q2
1987Q3
1987Q4
1988Q1
1988Q2
1988Q3
1988Q4
1989Q1
1989Q2
1989Q3
1989Q4
1990Q1
1990Q2
1990Q3
1990Q4

0.660
0.675
0.692
0.714
0.737
0.760
0.790
0.817
0.832
0.856
0.879
0.898
0.923
0.938
0.946
0.960
0.976
0.979
0.980
0.991
1.001
1.011
1.025
1.035
1.044
1.053
1.063
1.072
1.079
1.090
1.096
1.090
1.097
1.105
1.118
1.131
1.143
1.153
1.162
1.176
1.190
1.203
1.217
1.236
1.246
1.259
1.280
1.293
1.315
1.338

0.68
0.70
0.73
0.85
0.98
1.04
1.20
1.27
1.27
1.25
1.36
1.40
1.38
1.37
1.28
1.23
1.29
1.24
1.15
1.22
1.25
1.20
1.17
1.20
1.17
1.16
1.11
1.20
1.19
1.17
1.05
0.89
0.83
0.78
0.85
0.91
0.95
0.93
0.87
0.92
0.94
0.90
0.89
1.07
1.02
0.96
0.99
1.03
1.15
1.33

2.28
2.28
2.34
2.62
2.95
3.03
3.34
3.42
3.35
3.23
3.42
3.44
3.29
3.22
2.99
2.82
2.90
2.79
2.58
2.72
2.75
2.62
2.52
2.56
2.47
2.43
2.29
2.46
2.44
2.36
2.12
1.80
1.66
1.56
1.68
1.78
1.83
1.78
1.66
1.72
1.74
1.65
1.61
1.91
1.81
1.68
1.71
1.76
1.93
2.19

1991Q1
1991Q2
1991Q3
1991Q4
1992Q1
1992Q2
1992Q3
1992Q4
1993Q1
1993Q2
1993Q3
1993Q4
1994Q1
1994Q2
1994Q3
1994Q4
1995Q1
1995Q2
1995Q3
1995Q4
1996Q1
1996Q2
1996Q3
1996Q4
1997Q1
1997Q2
1997Q3
1997Q4
1998Q1
1998Q2
1998Q3
1998Q4
1999Q1
1999Q2
1999Q3
1999Q4
2000Q1
2000Q2
2000Q3
2000Q4
2001Q1
2001Q2
2001Q3
2001Q4
2002Q1
2002Q2
2002Q3
2002Q4
2003Q1
2003Q2

1.348
1.356
1.366
1.377
1.387
1.397
1.408
1.420
1.431
1.441
1.448
1.460
1.467
1.475
1.489
1.498
1.509
1.521
1.529
1.537
1.551
1.564
1.573
1.587
1.596
1.600
1.608
1.617
1.620
1.625
1.634
1.641
1.647
1.660
1.672
1.684
1.701
1.714
1.730
1.742
1.759
1.771
1.776
1.775
1.781
1.795
1.804
1.815
1.834
1.831

1.10
1.11
1.11
1.09
1.01
1.10
1.13
1.10
1.06
1.09
1.06
1.06
1.01
1.05
1.13
1.11
1.08
1.16
1.13
1.07
1.11
1.26
1.21
1.22
1.22
1.20
1.21
1.17
1.05
1.05
1.03
0.99
0.95
1.13
1.21
1.26
1.40
1.53
1.52
1.50
1.43
1.62
1.45
1.19
1.16
1.39
1.40
1.42
1.59
1.53

1.81
1.81
1.79
1.74
1.61
1.74
1.76
1.71
1.63
1.67
1.62
1.60
1.51
1.57
1.68
1.63
1.57
1.68
1.63
1.54
1.57
1.77
1.70
1.70
1.69
1.65
1.66
1.59
1.43
1.43
1.39
1.32
1.27
1.49
1.59
1.64
1.81
1.97
1.94
1.89
1.80
2.02
1.80
1.48
1.43
1.71
1.71
1.72
1.91
1.84

2003Q3
1.844
2003Q4
1.851
2004Q1
1.867
2004Q2
1.882
2004Q3
1.894
2004Q4
1.914
2005Q1
1.924
2005Q2
1.937
2005Q3
1.966
2005Q4
1.984
2006Q1
1.994
2006Q2
2.013
2006Q3
2.032
2006Q4
2.023
2007Q1
2.043
2007Q2
2.067
2007Q3
2.079
2007Q4
2.104
2008Q1
2.128
2008Q2
2.156
2008Q3
2.189
2008Q4
2.137
2009Q1
2.125
2009Q2
2.135
2009Q3
2.154
2009Q4
2.168
2010Q1
2.176
2010Q2
2.172
2010Q3
2.180
2010Q4
2.195
2011Q1
2.207
2011Q2
2.211
2011Q3
2.221
2011Q4
2.232
2012Q1
2.242
2012Q2
2.250
2012Q3
2.263
2012Q4
2.274
Base CPI (1/2011)
2.204
EIA Short-Term Energy Outlook, January 2011
Forecast / estimated values shown in blue
Real Price (Jan 2011 $)
See Notes and Sources for more information

1.60
1.52
1.65
1.92
1.89
1.94
1.94
2.19
2.55
2.39
2.34
2.85
2.84
2.26
2.36
3.02
2.85
2.97
3.11
3.76
3.85
2.30
1.89
2.32
2.57
2.60
2.71
2.81
2.72
2.89
3.10
3.22
3.23
3.13
3.21
3.35
3.37
3.24

1.92
1.81
1.95
2.25
2.20
2.23
2.23
2.49
2.86
2.65
2.59
3.12
3.08
2.47
2.55
3.22
3.02
3.11
3.22
3.84
3.88
2.37
1.96
2.39
2.63
2.65
2.75
2.85
2.75 Forecast
2.90
Values
3.10
1
3.21
1
3.21
1
3.09
1
3.16
1
3.28
1
3.28
1
3.14
1

tail Price

999Q4 2002Q2 2004Q4 2007Q2 2009Q4 2012Q2

Q3 2001Q1 2003Q3 2006Q1 2008Q3 2011Q1

EIA Short-Term Energy Outlook, January 2011

Monthly Average Motor Gasoline Retail Price
Return to Contents

Monthly Motor Gasoline Retail Price

4.50
4.00
3.50
3.00
2.50
2.00
1.50
1.00
0.50
0.00

April 1978 October 1982 April 1987 October 1991 April 1996 October 2000 April 200
January 1976 July 1980 January 1985 July 1989 January 1994 July 1998 January 2003 Ju

Month
January 1976
February 1976
March 1976
April 1976
May 1976
June 1976
July 1976
August 1976
September 1976
October 1976

Consumer Price
Index (1982-84=1)
0.557
0.559
0.561
0.562
0.564
0.566
0.570
0.573
0.576
0.578

Motor Gasoline Price ($/gallon)

Nominal
Real
0.61
2.39
0.60
2.37
0.59
2.33
0.59
2.32
0.60
2.35
0.62
2.40
0.62
2.41
0.63
2.42
0.63
2.41
0.63
2.40

November 1976
December 1976
January 1977
February 1977
March 1977
April 1977
May 1977
June 1977
July 1977
August 1977
September 1977
October 1977
November 1977
December 1977
January 1978
February 1978
March 1978
April 1978
May 1978
June 1978
July 1978
August 1978
September 1978
October 1978
November 1978
December 1978
January 1979
February 1979
March 1979
April 1979
May 1979
June 1979
July 1979
August 1979
September 1979
October 1979
November 1979
December 1979
January 1980
February 1980
March 1980
April 1980
May 1980
June 1980
July 1980
August 1980
September 1980
October 1980
November 1980
December 1980

0.581
0.585
0.588
0.592
0.595
0.599
0.602
0.605
0.608
0.611
0.614
0.616
0.620
0.623
0.626
0.630
0.635
0.640
0.645
0.650
0.655
0.660
0.665
0.670
0.675
0.680
0.686
0.692
0.699
0.707
0.714
0.722
0.729
0.737
0.745
0.752
0.760
0.769
0.781
0.790
0.800
0.810
0.817
0.824
0.826
0.832
0.839
0.848
0.856
0.864

0.63
0.63
0.63
0.64
0.64
0.65
0.66
0.67
0.67
0.67
0.67
0.67
0.66
0.67
0.65
0.65
0.65
0.65
0.66
0.66
0.67
0.68
0.69
0.69
0.70
0.71
0.72
0.73
0.76
0.80
0.84
0.90
0.95
0.99
1.02
1.03
1.04
1.07
1.13
1.21
1.25
1.26
1.27
1.27
1.27
1.27
1.26
1.25
1.25
1.26

2.39
2.36
2.35
2.37
2.38
2.39
2.41
2.42
2.42
2.41
2.39
2.38
2.36
2.35
2.28
2.26
2.25
2.24
2.24
2.25
2.27
2.28
2.28
2.27
2.27
2.28
2.30
2.33
2.38
2.50
2.61
2.75
2.87
2.96
3.02
3.02
3.02
3.05
3.19
3.37
3.45
3.44
3.41
3.40
3.39
3.36
3.30
3.25
3.22
3.21

January 1981
February 1981
March 1981
April 1981
May 1981
June 1981
July 1981
August 1981
September 1981
October 1981
November 1981
December 1981
January 1982
February 1982
March 1982
April 1982
May 1982
June 1982
July 1982
August 1982
September 1982
October 1982
November 1982
December 1982
January 1983
February 1983
March 1983
April 1983
May 1983
June 1983
July 1983
August 1983
September 1983
October 1983
November 1983
December 1983
January 1984
February 1984
March 1984
April 1984
May 1984
June 1984
July 1984
August 1984
September 1984
October 1984
November 1984
December 1984
January 1985
February 1985

0.872
0.880
0.886
0.891
0.897
0.905
0.916
0.923
0.929
0.934
0.938
0.941
0.942
0.946
0.950
0.955
0.960
0.965
0.973
0.977
0.979
0.979
0.979
0.980
0.978
0.980
0.982
0.988
0.991
0.995
0.998
1.001
1.004
1.007
1.011
1.015
1.021
1.026
1.029
1.032
1.035
1.038
1.041
1.044
1.047
1.050
1.053
1.056
1.059
1.063

1.30
1.38
1.42
1.41
1.40
1.39
1.38
1.38
1.38
1.37
1.37
1.37
1.31
1.29
1.25
1.20
1.21
1.28
1.30
1.29
1.27
1.26
1.24
1.21
1.18
1.14
1.12
1.19
1.23
1.24
1.25
1.25
1.24
1.22
1.20
1.18
1.17
1.17
1.17
1.20
1.21
1.20
1.18
1.16
1.17
1.17
1.17
1.15
1.10
1.09

3.28
3.46
3.52
3.49
3.44
3.39
3.33
3.29
3.26
3.24
3.22
3.20
3.07
3.01
2.90
2.76
2.78
2.92
2.94
2.91
2.86
2.83
2.80
2.73
2.67
2.57
2.51
2.65
2.73
2.76
2.77
2.76
2.72
2.67
2.62
2.57
2.53
2.51
2.51
2.56
2.57
2.54
2.49
2.46
2.46
2.46
2.44
2.39
2.30
2.26

March 1985
April 1985
May 1985
June 1985
July 1985
August 1985
September 1985
October 1985
November 1985
December 1985
January 1986
February 1986
March 1986
April 1986
May 1986
June 1986
July 1986
August 1986
September 1986
October 1986
November 1986
December 1986
January 1987
February 1987
March 1987
April 1987
May 1987
June 1987
July 1987
August 1987
September 1987
October 1987
November 1987
December 1987
January 1988
February 1988
March 1988
April 1988
May 1988
June 1988
July 1988
August 1988
September 1988
October 1988
November 1988
December 1988
January 1989
February 1989
March 1989
April 1989

1.066
1.070
1.072
1.075
1.076
1.079
1.082
1.087
1.090
1.093
1.095
1.096
1.096
1.090
1.090
1.091
1.095
1.097
1.099
1.101
1.104
1.108
1.114
1.118
1.122
1.127
1.131
1.135
1.139
1.143
1.146
1.150
1.153
1.157
1.159
1.162
1.166
1.171
1.176
1.180
1.185
1.190
1.195
1.199
1.203
1.207
1.211
1.216
1.222
1.231

1.12
1.18
1.20
1.21
1.21
1.20
1.18
1.17
1.17
1.16
1.15
1.08
0.94
0.86
0.89
0.92
0.85
0.81
0.82
0.79
0.78
0.78
0.82
0.86
0.87
0.91
0.91
0.92
0.94
0.96
0.95
0.94
0.93
0.91
0.89
0.87
0.87
0.90
0.93
0.92
0.93
0.95
0.94
0.92
0.91
0.88
0.87
0.88
0.90
1.04

2.32
2.43
2.47
2.48
2.47
2.44
2.40
2.37
2.36
2.34
2.31
2.17
1.90
1.74
1.81
1.86
1.72
1.62
1.65
1.59
1.56
1.54
1.62
1.70
1.72
1.77
1.78
1.80
1.81
1.85
1.83
1.80
1.79
1.74
1.69
1.65
1.64
1.70
1.73
1.72
1.73
1.77
1.73
1.69
1.66
1.61
1.59
1.60
1.63
1.86

May 1989
June 1989
July 1989
August 1989
September 1989
October 1989
November 1989
December 1989
January 1990
February 1990
March 1990
April 1990
May 1990
June 1990
July 1990
August 1990
September 1990
October 1990
November 1990
December 1990
January 1991
February 1991
March 1991
April 1991
May 1991
June 1991
July 1991
August 1991
September 1991
October 1991
November 1991
December 1991
January 1992
February 1992
March 1992
April 1992
May 1992
June 1992
July 1992
August 1992
September 1992
October 1992
November 1992
December 1992
January 1993
February 1993
March 1993
April 1993
May 1993
June 1993

1.237
1.241
1.242
1.246
1.250
1.253
1.258
1.265
1.274
1.281
1.286
1.287
1.293
1.299
1.308
1.315
1.323
1.332
1.338
1.343
1.345
1.348
1.351
1.353
1.356
1.359
1.362
1.366
1.370
1.374
1.377
1.381
1.383
1.387
1.390
1.394
1.397
1.401
1.404
1.408
1.412
1.417
1.420
1.424
1.427
1.431
1.434
1.438
1.441
1.444

1.09
1.08
1.06
1.02
0.99
0.99
0.96
0.93
1.00
0.99
0.99
1.02
1.03
1.06
1.05
1.16
1.26
1.34
1.34
1.31
1.18
1.09
1.04
1.08
1.13
1.13
1.10
1.11
1.11
1.09
1.10
1.08
1.02
1.01
1.01
1.05
1.11
1.14
1.14
1.12
1.12
1.11
1.11
1.08
1.06
1.05
1.05
1.08
1.10
1.10

1.94
1.92
1.88
1.81
1.75
1.74
1.68
1.63
1.72
1.71
1.69
1.74
1.76
1.79
1.77
1.94
2.10
2.22
2.20
2.15
1.93
1.79
1.70
1.75
1.83
1.83
1.77
1.80
1.79
1.75
1.76
1.72
1.63
1.60
1.61
1.66
1.75
1.80
1.78
1.76
1.75
1.73
1.72
1.67
1.64
1.62
1.62
1.65
1.68
1.68

July 1993
August 1993
September 1993
October 1993
November 1993
December 1993
January 1994
February 1994
March 1994
April 1994
May 1994
June 1994
July 1994
August 1994
September 1994
October 1994
November 1994
December 1994
January 1995
February 1995
March 1995
April 1995
May 1995
June 1995
July 1995
August 1995
September 1995
October 1995
November 1995
December 1995
January 1996
February 1996
March 1996
April 1996
May 1996
June 1996
July 1996
August 1996
September 1996
October 1996
November 1996
December 1996
January 1997
February 1997
March 1997
April 1997
May 1997
June 1997
July 1997
August 1997

1.445
1.447
1.451
1.456
1.460
1.463
1.464
1.467
1.470
1.472
1.475
1.479
1.485
1.489
1.493
1.494
1.498
1.501
1.505
1.509
1.513
1.518
1.521
1.524
1.526
1.529
1.531
1.533
1.537
1.541
1.546
1.551
1.555
1.560
1.564
1.568
1.569
1.573
1.577
1.583
1.587
1.590
1.594
1.597
1.598
1.598
1.600
1.602
1.605
1.608

1.08
1.06
1.05
1.09
1.07
1.01
1.00
1.01
1.01
1.03
1.05
1.08
1.11
1.15
1.14
1.11
1.12
1.09
1.08
1.07
1.07
1.11
1.18
1.19
1.15
1.12
1.11
1.09
1.06
1.07
1.09
1.09
1.14
1.23
1.28
1.26
1.23
1.21
1.20
1.20
1.23
1.24
1.24
1.23
1.21
1.20
1.20
1.20
1.17
1.22

1.64
1.62
1.59
1.65
1.61
1.53
1.50
1.52
1.51
1.54
1.57
1.61
1.64
1.71
1.69
1.64
1.64
1.60
1.58
1.57
1.56
1.61
1.71
1.72
1.67
1.62
1.60
1.56
1.52
1.53
1.55
1.55
1.61
1.74
1.80
1.77
1.72
1.69
1.68
1.68
1.71
1.71
1.71
1.70
1.66
1.65
1.65
1.65
1.61
1.68

September 1997
October 1997
November 1997
December 1997
January 1998
February 1998
March 1998
April 1998
May 1998
June 1998
July 1998
August 1998
September 1998
October 1998
November 1998
December 1998
January 1999
February 1999
March 1999
April 1999
May 1999
June 1999
July 1999
August 1999
September 1999
October 1999
November 1999
December 1999
January 2000
February 2000
March 2000
April 2000
May 2000
June 2000
July 2000
August 2000
September 2000
October 2000
November 2000
December 2000
January 2001
February 2001
March 2001
April 2001
May 2001
June 2001
July 2001
August 2001
September 2001
October 2001

1.611
1.615
1.617
1.619
1.619
1.620
1.621
1.623
1.625
1.628
1.631
1.634
1.636
1.639
1.641
1.644
1.644
1.647
1.651
1.656
1.660
1.664
1.668
1.672
1.676
1.680
1.684
1.689
1.696
1.701
1.706
1.710
1.714
1.719
1.725
1.730
1.735
1.738
1.742
1.747
1.754
1.759
1.764
1.768
1.772
1.774
1.776
1.777
1.777
1.774

1.23
1.20
1.17
1.13
1.09
1.05
1.02
1.03
1.06
1.06
1.06
1.03
1.01
1.02
1.00
0.95
0.94
0.92
0.98
1.13
1.13
1.11
1.16
1.22
1.26
1.24
1.25
1.27
1.29
1.38
1.52
1.46
1.49
1.63
1.55
1.46
1.55
1.53
1.52
1.44
1.45
1.45
1.41
1.55
1.70
1.62
1.42
1.42
1.52
1.32

1.69
1.63
1.60
1.54
1.48
1.43
1.38
1.40
1.44
1.44
1.43
1.38
1.36
1.37
1.34
1.27
1.26
1.23
1.31
1.51
1.50
1.48
1.53
1.61
1.65
1.63
1.64
1.66
1.68
1.78
1.96
1.89
1.91
2.09
1.98
1.87
1.97
1.94
1.92
1.82
1.82
1.82
1.76
1.93
2.12
2.01
1.76
1.76
1.89
1.63

November 2001
December 2001
January 2002
February 2002
March 2002
April 2002
May 2002
June 2002
July 2002
August 2002
September 2002
October 2002
November 2002
December 2002
January 2003
February 2003
March 2003
April 2003
May 2003
June 2003
July 2003
August 2003
September 2003
October 2003
November 2003
December 2003
January 2004
February 2004
March 2004
April 2004
May 2004
June 2004
July 2004
August 2004
September 2004
October 2004
November 2004
December 2004
January 2005
February 2005
March 2005
April 2005
May 2005
June 2005
July 2005
August 2005
September 2005
October 2005
November 2005
December 2005

1.775
1.776
1.778
1.780
1.784
1.791
1.795
1.799
1.801
1.804
1.808
1.810
1.815
1.820
1.831
1.834
1.836
1.829
1.830
1.833
1.841
1.845
1.848
1.848
1.851
1.855
1.862
1.867
1.872
1.877
1.882
1.886
1.888
1.893
1.899
1.909
1.914
1.919
1.920
1.924
1.928
1.930
1.936
1.944
1.958
1.966
1.974
1.979
1.985
1.989

1.17
1.09
1.11
1.11
1.25
1.40
1.39
1.38
1.40
1.40
1.40
1.45
1.42
1.39
1.46
1.61
1.69
1.59
1.50
1.49
1.51
1.62
1.68
1.56
1.51
1.48
1.57
1.65
1.74
1.80
1.98
1.97
1.91
1.88
1.87
2.00
1.98
1.84
1.83
1.91
2.08
2.24
2.16
2.16
2.29
2.49
2.90
2.72
2.26
2.19

1.45
1.35
1.37
1.38
1.54
1.72
1.71
1.69
1.71
1.71
1.71
1.76
1.72
1.68
1.75
1.94
2.03
1.91
1.80
1.80
1.81
1.94
2.00
1.87
1.80
1.76
1.86
1.95
2.04
2.11
2.32
2.30
2.23
2.19
2.17
2.31
2.28
2.11
2.10
2.19
2.38
2.56
2.46
2.44
2.58
2.79
3.24
3.03
2.51
2.42

January 2006
February 2006
March 2006
April 2006
May 2006
June 2006
July 2006
August 2006
September 2006
October 2006
November 2006
December 2006
January 2007
February 2007
March 2007
April 2007
May 2007
June 2007
July 2007
August 2007
September 2007
October 2007
November 2007
December 2007
January 2008
February 2008
March 2008
April 2008
May 2008
June 2008
July 2008
August 2008
September 2008
October 2008
November 2008
December 2008
January 2009
February 2009
March 2009
April 2009
May 2009
June 2009
July 2009
August 2009
September 2009
October 2009
November 2009
December 2009
January 2010
February 2010

1.990
1.994
1.999
2.007
2.013
2.019
2.029
2.033
2.033
2.022
2.022
2.025
2.036
2.043
2.050
2.060
2.067
2.073
2.073
2.079
2.086
2.096
2.104
2.112
2.120
2.128
2.137
2.146
2.155
2.166
2.191
2.192
2.184
2.148
2.135
2.127
2.126
2.124
2.125
2.130
2.134
2.140
2.149
2.154
2.160
2.164
2.168
2.172
2.175
2.177

2.32
2.28
2.42
2.74
2.91
2.88
2.98
2.95
2.56
2.24
2.23
2.31
2.24
2.28
2.56
2.85
3.15
3.06
2.96
2.79
2.80
2.80
3.08
3.02
3.04
3.03
3.24
3.46
3.77
4.05
4.06
3.78
3.70
3.05
2.15
1.69
1.79
1.92
1.96
2.05
2.27
2.63
2.53
2.62
2.55
2.55
2.65
2.61
2.72
2.64

2.57
2.52
2.67
3.01
3.18
3.15
3.24
3.20
2.77
2.45
2.43
2.52
2.43
2.46
2.75
3.04
3.35
3.25
3.15
2.95
2.96
2.95
3.23
3.15
3.16
3.14
3.35
3.55
3.85
4.13
4.09
3.80
3.74
3.13
2.22
1.75
1.85
2.00
2.03
2.12
2.34
2.71
2.59
2.68
2.61
2.60
2.70
2.65
2.75
2.68

March 2010
2.177
April 2010
2.172
May 2010
2.172
June 2010
2.173
July 2010
2.177
August 2010
2.180
September 2010
2.184
October 2010
2.190
November 2010
2.195
December 2010
2.199
January 2011
2.204
February 2011
2.207
March 2011
2.210
April 2011
2.209
May 2011
2.211
June 2011
2.213
July 2011
2.217
August 2011
2.221
September 2011
2.225
October 2011
2.229
November 2011
2.232
December 2011
2.236
January 2012
2.239
February 2012
2.242
March 2012
2.245
April 2012
2.247
May 2012
2.250
June 2012
2.254
July 2012
2.259
August 2012
2.263
September 2012
2.267
October 2012
2.271
November 2012
2.274
December 2012
2.278
Base CPI (1/2011)
2.204
EIA Short-Term Energy Outlook, January 2011
Forecast / estimated values shown in blue
Real Price (Jan 2011 $)
See Notes and Sources for more information

2.77
2.85
2.84
2.73
2.73
2.73
2.71
2.80
2.86
2.99
3.08
3.11
3.13
3.17
3.23
3.26
3.27
3.24
3.19
3.14
3.13
3.11
3.19
3.20
3.24
3.29
3.36
3.39
3.41
3.38
3.32
3.26
3.24
3.21

2.81
2.89
2.88
2.77
2.76
2.76
2.73
2.82
2.87 Forecast
3.00
Values
3.08
1
3.10
1
3.12
1
3.16
1
3.22
1
3.24
1
3.25
1
3.21
1
3.16
1
3.11
1
3.09
1
3.07
1
3.14
1
3.15
1
3.18
1
3.23
1
3.29
1
3.31
1
3.33
1
3.30
1
3.23
1
3.16
1
3.14
1
3.11
1

ail Price

ctober 2000 April 2005 October 2009

98 January 2003 July 2007 January 2012

EIA Short-Term Energy Outlook, January 2011

Annual Average Diesel Price
Return to Contents

Annual Diesel Price

4.00
3.50
3.00
2.50
2.00
1.50
1.00
0.50
0.00

1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 20
1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005

Year
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988

Consumer Price
Index (1982-84=1)
0.726
0.824
0.909
0.965
0.996
1.039
1.076
1.097
1.136
1.183

Diesel Price ($/gallon)

Nominal
Real
0.78
2.38
1.04
2.79
1.19
2.87
1.15
2.63
1.14
2.51
1.16
2.47
1.17
2.39
0.90
1.80
0.94
1.82
0.92
1.71

1989
1.239
1990
1.307
1991
1.362
1992
1.403
1993
1.445
1994
1.482
1995
1.524
1996
1.569
1997
1.605
1998
1.630
1999
1.666
2000
1.722
2001
1.770
2002
1.799
2003
1.840
2004
1.889
2005
1.953
2006
2.016
2007
2.073
2008
2.152
2009
2.145
2010
2.181
2011
2.218
2012
2.257
Base CPI (1/2011)
2.204
EIA Short-Term Energy Outlook, January 2011
Forecast / estimated values shown in blue
Real Price (Jan 2011 $)
See Notes and Sources for more information

1.00
1.17
1.13
1.11
1.11
1.11
1.11
1.23
1.20
1.05
1.12
1.50
1.41
1.32
1.51
1.81
2.40
2.70
2.88
3.80
2.46
2.99
3.40
3.52

1.77
1.97
1.83
1.74
1.70
1.65
1.60
1.74
1.64
1.41
1.48
1.91
1.75
1.61
1.81
2.11
2.71
2.96
3.06
3.89
2.53 Forecast
3.02
Values
3.38
1
3.43
1

2000 2002 2004 2006 2008 2010 2012

9 2001 2003 2005 2007 2009 2011

EIA Short-Term Energy Outlook, January 2011

Quarterly Average Diesel Price
Return to Contents

Quarterly Diesel Price

4.50
4.00
3.50
3.00
2.50
2.00
1.50
1.00
0.50
0.00

1980Q2 1982Q4 1985Q2 1987Q4 1990Q2 1992Q4 1995Q2 1997Q4 2000Q2 2002Q4 2005Q2 2
1979Q1 1981Q3 1984Q1 1986Q3 1989Q1 1991Q3 1994Q1 1996Q3 1999Q1 2001Q3 2004Q1 2006

Quarter
1979Q1
1979Q2
1979Q3
1979Q4
1980Q1
1980Q2
1980Q3
1980Q4
1981Q1
1981Q2

Consumer Price
Index (1982-84=1)
0.692
0.714
0.737
0.760
0.790
0.817
0.832
0.856
0.879
0.898

Diesel Price ($/gallon)

Nominal
Real
0.63
1.99
0.74
2.28
0.88
2.63
0.95
2.75
1.02
2.85
1.05
2.83
1.04
2.76
1.07
2.75
1.18
2.96
1.20
2.95

1981Q3
1981Q4
1982Q1
1982Q2
1982Q3
1982Q4
1983Q1
1983Q2
1983Q3
1983Q4
1984Q1
1984Q2
1984Q3
1984Q4
1985Q1
1985Q2
1985Q3
1985Q4
1986Q1
1986Q2
1986Q3
1986Q4
1987Q1
1987Q2
1987Q3
1987Q4
1988Q1
1988Q2
1988Q3
1988Q4
1989Q1
1989Q2
1989Q3
1989Q4
1990Q1
1990Q2
1990Q3
1990Q4
1991Q1
1991Q2
1991Q3
1991Q4
1992Q1
1992Q2
1992Q3
1992Q4
1993Q1
1993Q2
1993Q3
1993Q4

0.923
0.938
0.946
0.960
0.976
0.979
0.980
0.991
1.001
1.011
1.025
1.035
1.044
1.053
1.063
1.072
1.079
1.090
1.096
1.090
1.097
1.105
1.118
1.131
1.143
1.153
1.162
1.176
1.190
1.203
1.217
1.236
1.246
1.259
1.280
1.293
1.315
1.338
1.348
1.356
1.366
1.377
1.387
1.397
1.408
1.420
1.431
1.441
1.448
1.460

1.18
1.19
1.16
1.12
1.15
1.17
1.10
1.15
1.15
1.14
1.16
1.14
1.17
1.18
1.15
1.16
1.14
1.21
1.05
0.88
0.81
0.83
0.90
0.91
0.96
0.98
0.94
0.93
0.90
0.90
0.95
0.99
0.97
1.07
1.10
1.00
1.18
1.40
1.19
1.09
1.09
1.15
1.06
1.10
1.13
1.13
1.10
1.10
1.08
1.17

2.82
2.79
2.71
2.58
2.59
2.64
2.47
2.57
2.53
2.49
2.50
2.43
2.47
2.47
2.39
2.39
2.34
2.45
2.11
1.77
1.62
1.65
1.77
1.78
1.85
1.87
1.78
1.74
1.67
1.65
1.72
1.76
1.72
1.87
1.90
1.70
1.97
2.31
1.95
1.77
1.76
1.83
1.69
1.74
1.77
1.76
1.69
1.68
1.65
1.76

1994Q1
1994Q2
1994Q3
1994Q4
1995Q1
1995Q2
1995Q3
1995Q4
1996Q1
1996Q2
1996Q3
1996Q4
1997Q1
1997Q2
1997Q3
1997Q4
1998Q1
1998Q2
1998Q3
1998Q4
1999Q1
1999Q2
1999Q3
1999Q4
2000Q1
2000Q2
2000Q3
2000Q4
2001Q1
2001Q2
2001Q3
2001Q4
2002Q1
2002Q2
2002Q3
2002Q4
2003Q1
2003Q2
2003Q3
2003Q4
2004Q1
2004Q2
2004Q3
2004Q4
2005Q1
2005Q2
2005Q3
2005Q4
2006Q1
2006Q2

1.467
1.475
1.489
1.498
1.509
1.521
1.529
1.537
1.551
1.564
1.573
1.587
1.596
1.600
1.608
1.617
1.620
1.625
1.634
1.641
1.647
1.660
1.672
1.684
1.701
1.714
1.730
1.742
1.759
1.771
1.776
1.775
1.781
1.795
1.804
1.815
1.834
1.831
1.844
1.851
1.867
1.882
1.894
1.914
1.924
1.937
1.966
1.984
1.994
2.013

1.10
1.10
1.12
1.12
1.09
1.12
1.11
1.12
1.16
1.25
1.21
1.32
1.27
1.19
1.16
1.16
1.09
1.06
1.02
1.01
0.98
1.08
1.17
1.26
1.43
1.42
1.51
1.61
1.47
1.47
1.42
1.26
1.18
1.30
1.35
1.44
1.61
1.47
1.46
1.48
1.59
1.72
1.83
2.10
2.07
2.26
2.57
2.70
2.50
2.84

1.65
1.65
1.66
1.65
1.59
1.62
1.60
1.61
1.65
1.76
1.70
1.83
1.75
1.65
1.59
1.58
1.48
1.44
1.38
1.36
1.30
1.43
1.54
1.65
1.85
1.83
1.93
2.03
1.84
1.82
1.76
1.57
1.46
1.60
1.64
1.74
1.94
1.77
1.75
1.77
1.87
2.01
2.13
2.41
2.37
2.57
2.88
3.00
2.77
3.11

2006Q3
2.032
2006Q4
2.023
2007Q1
2.043
2007Q2
2.067
2007Q3
2.079
2007Q4
2.104
2008Q1
2.128
2008Q2
2.156
2008Q3
2.189
2008Q4
2.137
2009Q1
2.125
2009Q2
2.135
2009Q3
2.154
2009Q4
2.168
2010Q1
2.176
2010Q2
2.172
2010Q3
2.180
2010Q4
2.195
2011Q1
2.207
2011Q2
2.211
2011Q3
2.221
2011Q4
2.232
2012Q1
2.242
2012Q2
2.250
2012Q3
2.263
2012Q4
2.274
Base CPI (1/2011)
2.204
EIA Short-Term Energy Outlook, January 2011
Forecast / estimated values shown in blue
Real Price (Jan 2011 $)
See Notes and Sources for more information

2.92
2.56
2.55
2.81
2.90
3.27
3.52
4.39
4.34
2.99
2.20
2.33
2.60
2.74
2.85
3.03
2.94
3.15
3.36
3.40
3.42
3.43
3.46
3.54
3.53
3.54

3.17
2.79
2.75
3.00
3.07
3.42
3.65
4.49
4.37
3.08
2.28
2.40
2.66 Forecast
2.78
Values
2.89
0
3.07
0
2.97
0
3.16
0
3.35
1
3.39
1
3.39
1
3.39
1
3.40
1
3.47
1
3.44
1
3.43
1

0Q2 2002Q4 2005Q2 2007Q4 2010Q2 2012Q4

2001Q3 2004Q1 2006Q3 2009Q1 2011Q3

EIA Short-Term Energy Outlook, January 2011

Monthly Average Diesel Price
Return to Contents

Monthly Diesel Price

5.00
4.50
4.00
3.50
3.00
2.50
2.00
1.50
1.00
0.50
0.00

April 1981 October 1985 April 1990 October 1994 April 1999 October 2003 Ap
January 1979 July 1983 January 1988 July 1992 January 1997 July 2001 January 200

Month
January 1979
February 1979
March 1979
April 1979
May 1979
June 1979
July 1979
August 1979
September 1979
October 1979

Consumer Price
Index (1982-84=1)
0.686
0.692
0.699
0.707
0.714
0.722
0.729
0.737
0.745
0.752

Diesel Price ($/gallon)

Nominal
Real
0.61
1.95
0.63
2.01
0.65
2.04
0.68
2.11
0.73
2.26
0.82
2.50
0.86
2.59
0.89
2.66
0.90
2.65
0.92
2.70

November 1979
December 1979
January 1980
February 1980
March 1980
April 1980
May 1980
June 1980
July 1980
August 1980
September 1980
October 1980
November 1980
December 1980
January 1981
February 1981
March 1981
April 1981
May 1981
June 1981
July 1981
August 1981
September 1981
October 1981
November 1981
December 1981
January 1982
February 1982
March 1982
April 1982
May 1982
June 1982
July 1982
August 1982
September 1982
October 1982
November 1982
December 1982
January 1983
February 1983
March 1983
April 1983
May 1983
June 1983
July 1983
August 1983
September 1983
October 1983
November 1983
December 1983

0.760
0.769
0.781
0.790
0.800
0.810
0.817
0.824
0.826
0.832
0.839
0.848
0.856
0.864
0.872
0.880
0.886
0.891
0.897
0.905
0.916
0.923
0.929
0.934
0.938
0.941
0.942
0.946
0.950
0.955
0.960
0.965
0.973
0.977
0.979
0.979
0.979
0.980
0.978
0.980
0.982
0.988
0.991
0.995
0.998
1.001
1.004
1.007
1.011
1.015

0.94
0.98
1.00
1.02
1.05
1.05
1.05
1.05
1.04
1.04
1.04
1.03
1.06
1.10
1.14
1.19
1.22
1.21
1.20
1.19
1.17
1.19
1.18
1.18
1.19
1.20
1.20
1.17
1.12
1.10
1.11
1.17
1.16
1.14
1.15
1.17
1.20
1.15
1.13
1.11
1.06
1.16
1.15
1.15
1.14
1.15
1.16
1.15
1.15
1.14

2.71
2.82
2.81
2.84
2.89
2.86
2.83
2.82
2.78
2.75
2.74
2.68
2.74
2.81
2.89
2.98
3.03
2.98
2.94
2.91
2.80
2.84
2.81
2.80
2.79
2.80
2.80
2.72
2.59
2.54
2.56
2.66
2.62
2.57
2.59
2.63
2.69
2.59
2.54
2.49
2.39
2.59
2.55
2.56
2.53
2.53
2.54
2.51
2.50
2.47

January 1984
February 1984
March 1984
April 1984
May 1984
June 1984
July 1984
August 1984
September 1984
October 1984
November 1984
December 1984
January 1985
February 1985
March 1985
April 1985
May 1985
June 1985
July 1985
August 1985
September 1985
October 1985
November 1985
December 1985
January 1986
February 1986
March 1986
April 1986
May 1986
June 1986
July 1986
August 1986
September 1986
October 1986
November 1986
December 1986
January 1987
February 1987
March 1987
April 1987
May 1987
June 1987
July 1987
August 1987
September 1987
October 1987
November 1987
December 1987
January 1988
February 1988

1.021
1.026
1.029
1.032
1.035
1.038
1.041
1.044
1.047
1.050
1.053
1.056
1.059
1.063
1.066
1.070
1.072
1.075
1.076
1.079
1.082
1.087
1.090
1.093
1.095
1.096
1.096
1.090
1.090
1.091
1.095
1.097
1.099
1.101
1.104
1.108
1.114
1.118
1.122
1.127
1.131
1.135
1.139
1.143
1.146
1.150
1.153
1.157
1.159
1.162

1.17
1.17
1.14
1.14
1.14
1.14
1.13
1.19
1.19
1.19
1.18
1.18
1.17
1.15
1.15
1.16
1.17
1.15
1.14
1.14
1.16
1.19
1.22
1.23
1.18
1.04
0.93
0.90
0.88
0.84
0.78
0.81
0.83
0.81
0.83
0.84
0.90
0.90
0.90
0.90
0.91
0.92
0.95
0.96
0.97
0.97
0.99
0.98
0.96
0.93

2.53
2.51
2.45
2.44
2.43
2.42
2.39
2.50
2.51
2.49
2.47
2.45
2.43
2.38
2.37
2.40
2.40
2.36
2.33
2.32
2.36
2.41
2.47
2.48
2.37
2.08
1.87
1.81
1.78
1.71
1.57
1.63
1.66
1.63
1.65
1.67
1.77
1.78
1.76
1.76
1.78
1.79
1.83
1.85
1.87
1.86
1.88
1.86
1.82
1.77

March 1988
April 1988
May 1988
June 1988
July 1988
August 1988
September 1988
October 1988
November 1988
December 1988
January 1989
February 1989
March 1989
April 1989
May 1989
June 1989
July 1989
August 1989
September 1989
October 1989
November 1989
December 1989
January 1990
February 1990
March 1990
April 1990
May 1990
June 1990
July 1990
August 1990
September 1990
October 1990
November 1990
December 1990
January 1991
February 1991
March 1991
April 1991
May 1991
June 1991
July 1991
August 1991
September 1991
October 1991
November 1991
December 1991
January 1992
February 1992
March 1992
April 1992

1.166
1.171
1.176
1.180
1.185
1.190
1.195
1.199
1.203
1.207
1.211
1.216
1.222
1.231
1.237
1.241
1.242
1.246
1.250
1.253
1.258
1.265
1.274
1.281
1.286
1.287
1.293
1.299
1.308
1.315
1.323
1.332
1.338
1.343
1.345
1.348
1.351
1.353
1.356
1.359
1.362
1.366
1.370
1.374
1.377
1.381
1.383
1.387
1.390
1.394

0.92
0.93
0.94
0.92
0.91
0.90
0.90
0.89
0.89
0.92
0.94
0.94
0.96
1.01
0.99
0.97
0.96
0.95
1.00
1.03
1.04
1.13
1.21
1.07
1.03
1.02
1.00
0.98
0.99
1.21
1.33
1.44
1.41
1.36
1.29
1.19
1.09
1.08
1.07
1.12
1.06
1.10
1.12
1.14
1.17
1.12
1.07
1.06
1.06
1.08

1.74
1.76
1.76
1.72
1.68
1.67
1.66
1.63
1.64
1.68
1.71
1.71
1.73
1.80
1.77
1.72
1.70
1.69
1.76
1.80
1.82
1.97
2.10
1.84
1.76
1.75
1.71
1.65
1.66
2.02
2.22
2.38
2.31
2.23
2.11
1.94
1.78
1.76
1.74
1.81
1.71
1.77
1.81
1.83
1.88
1.79
1.70
1.68
1.68
1.71

May 1992
June 1992
July 1992
August 1992
September 1992
October 1992
November 1992
December 1992
January 1993
February 1993
March 1993
April 1993
May 1993
June 1993
July 1993
August 1993
September 1993
October 1993
November 1993
December 1993
January 1994
February 1994
March 1994
April 1994
May 1994
June 1994
July 1994
August 1994
September 1994
October 1994
November 1994
December 1994
January 1995
February 1995
March 1995
April 1995
May 1995
June 1995
July 1995
August 1995
September 1995
October 1995
November 1995
December 1995
January 1996
February 1996
March 1996
April 1996
May 1996
June 1996

1.397
1.401
1.404
1.408
1.412
1.417
1.420
1.424
1.427
1.431
1.434
1.438
1.441
1.444
1.445
1.447
1.451
1.456
1.460
1.463
1.464
1.467
1.470
1.472
1.475
1.479
1.485
1.489
1.493
1.494
1.498
1.501
1.505
1.509
1.513
1.518
1.521
1.524
1.526
1.529
1.531
1.533
1.537
1.541
1.546
1.551
1.555
1.560
1.564
1.568

1.11
1.13
1.13
1.12
1.13
1.15
1.14
1.11
1.09
1.09
1.11
1.10
1.10
1.09
1.08
1.06
1.10
1.22
1.19
1.10
1.08
1.11
1.11
1.11
1.10
1.10
1.11
1.12
1.13
1.12
1.13
1.11
1.10
1.09
1.09
1.10
1.13
1.12
1.10
1.11
1.12
1.12
1.12
1.13
1.15
1.15
1.18
1.28
1.27
1.20

1.75
1.77
1.77
1.76
1.77
1.79
1.77
1.72
1.69
1.67
1.70
1.69
1.69
1.67
1.64
1.62
1.68
1.84
1.80
1.65
1.63
1.67
1.66
1.66
1.64
1.64
1.65
1.66
1.66
1.65
1.66
1.63
1.61
1.59
1.59
1.60
1.63
1.62
1.59
1.59
1.61
1.60
1.61
1.62
1.63
1.63
1.68
1.80
1.79
1.69

July 1996
August 1996
September 1996
October 1996
November 1996
December 1996
January 1997
February 1997
March 1997
April 1997
May 1997
June 1997
July 1997
August 1997
September 1997
October 1997
November 1997
December 1997
January 1998
February 1998
March 1998
April 1998
May 1998
June 1998
July 1998
August 1998
September 1998
October 1998
November 1998
December 1998
January 1999
February 1999
March 1999
April 1999
May 1999
June 1999
July 1999
August 1999
September 1999
October 1999
November 1999
December 1999
January 2000
February 2000
March 2000
April 2000
May 2000
June 2000
July 2000
August 2000

1.569
1.573
1.577
1.583
1.587
1.590
1.594
1.597
1.598
1.598
1.600
1.602
1.605
1.608
1.611
1.615
1.617
1.619
1.619
1.620
1.621
1.623
1.625
1.628
1.631
1.634
1.636
1.639
1.641
1.644
1.644
1.647
1.651
1.656
1.660
1.664
1.668
1.672
1.676
1.680
1.684
1.689
1.696
1.701
1.706
1.710
1.714
1.719
1.725
1.730

1.18
1.20
1.27
1.32
1.32
1.31
1.29
1.28
1.23
1.21
1.20
1.17
1.15
1.17
1.16
1.18
1.19
1.11
1.12
1.08
1.06
1.07
1.07
1.04
1.03
1.01
1.02
1.04
1.02
0.97
0.97
0.96
1.00
1.08
1.07
1.07
1.12
1.17
1.22
1.23
1.26
1.29
1.36
1.46
1.48
1.42
1.42
1.42
1.43
1.47

1.65
1.68
1.77
1.84
1.84
1.81
1.79
1.77
1.69
1.67
1.65
1.61
1.58
1.60
1.59
1.62
1.63
1.51
1.53
1.48
1.45
1.45
1.45
1.41
1.39
1.36
1.38
1.40
1.37
1.30
1.30
1.28
1.33
1.44
1.43
1.42
1.48
1.55
1.60
1.61
1.65
1.69
1.76
1.89
1.91
1.83
1.83
1.82
1.83
1.87

September 2000
October 2000
November 2000
December 2000
January 2001
February 2001
March 2001
April 2001
May 2001
June 2001
July 2001
August 2001
September 2001
October 2001
November 2001
December 2001
January 2002
February 2002
March 2002
April 2002
May 2002
June 2002
July 2002
August 2002
September 2002
October 2002
November 2002
December 2002
January 2003
February 2003
March 2003
April 2003
May 2003
June 2003
July 2003
August 2003
September 2003
October 2003
November 2003
December 2003
January 2004
February 2004
March 2004
April 2004
May 2004
June 2004
July 2004
August 2004
September 2004
October 2004

1.735
1.738
1.742
1.747
1.754
1.759
1.764
1.768
1.772
1.774
1.776
1.777
1.777
1.774
1.775
1.776
1.778
1.780
1.784
1.791
1.795
1.799
1.801
1.804
1.808
1.810
1.815
1.820
1.831
1.834
1.836
1.829
1.830
1.833
1.841
1.845
1.848
1.848
1.851
1.855
1.862
1.867
1.872
1.877
1.882
1.886
1.888
1.893
1.899
1.909

1.64
1.64
1.62
1.57
1.52
1.49
1.40
1.42
1.50
1.48
1.38
1.39
1.50
1.35
1.26
1.17
1.15
1.15
1.23
1.31
1.31
1.29
1.30
1.33
1.41
1.46
1.42
1.43
1.49
1.65
1.71
1.53
1.45
1.42
1.44
1.49
1.46
1.48
1.48
1.49
1.55
1.58
1.63
1.69
1.75
1.71
1.74
1.83
1.91
2.13

2.08
2.08
2.05
1.97
1.92
1.87
1.75
1.77
1.86
1.84
1.71
1.72
1.85
1.68
1.56
1.45
1.43
1.43
1.52
1.61
1.60
1.58
1.59
1.62
1.72
1.78
1.72
1.73
1.79
1.99
2.05
1.85
1.75
1.71
1.72
1.77
1.74
1.77
1.76
1.77
1.83
1.87
1.92
1.99
2.05
2.00
2.03
2.13
2.22
2.46

November 2004
December 2004
January 2005
February 2005
March 2005
April 2005
May 2005
June 2005
July 2005
August 2005
September 2005
October 2005
November 2005
December 2005
January 2006
February 2006
March 2006
April 2006
May 2006
June 2006
July 2006
August 2006
September 2006
October 2006
November 2006
December 2006
January 2007
February 2007
March 2007
April 2007
May 2007
June 2007
July 2007
August 2007
September 2007
October 2007
November 2007
December 2007
January 2008
February 2008
March 2008
April 2008
May 2008
June 2008
July 2008
August 2008
September 2008
October 2008
November 2008
December 2008

1.914
1.919
1.920
1.924
1.928
1.930
1.936
1.944
1.958
1.966
1.974
1.979
1.985
1.989
1.990
1.994
1.999
2.007
2.013
2.019
2.029
2.033
2.033
2.022
2.022
2.025
2.036
2.043
2.050
2.060
2.067
2.073
2.073
2.079
2.086
2.096
2.104
2.112
2.120
2.128
2.137
2.146
2.155
2.166
2.191
2.192
2.184
2.148
2.135
2.127

2.15
2.01
1.96
2.03
2.21
2.29
2.20
2.29
2.37
2.50
2.82
3.10
2.57
2.44
2.47
2.48
2.56
2.73
2.90
2.90
2.93
3.05
2.78
2.52
2.54
2.61
2.49
2.49
2.67
2.83
2.80
2.81
2.87
2.87
2.95
3.08
3.40
3.34
3.31
3.38
3.88
4.08
4.43
4.68
4.70
4.30
4.02
3.58
2.88
2.45

2.47
2.31
2.25
2.32
2.53
2.62
2.50
2.60
2.67
2.80
3.15
3.45
2.86
2.71
2.73
2.74
2.82
3.00
3.17
3.16
3.19
3.30
3.02
2.75
2.77
2.84
2.69
2.68
2.87
3.03
2.98
2.99
3.05
3.04
3.12
3.23
3.56
3.49
3.44
3.50
4.00
4.20
4.53
4.76
4.73
4.33
4.06
3.67
2.97
2.54

January 2009
2.126
February 2009
2.124
March 2009
2.125
April 2009
2.130
May 2009
2.134
June 2009
2.140
July 2009
2.149
August 2009
2.154
September 2009
2.160
October 2009
2.164
November 2009
2.168
December 2009
2.172
January 2010
2.175
February 2010
2.177
March 2010
2.177
April 2010
2.172
May 2010
2.172
June 2010
2.173
July 2010
2.177
August 2010
2.180
September 2010
2.184
October 2010
2.190
November 2010
2.195
December 2010
2.199
January 2011
2.204
February 2011
2.207
March 2011
2.210
April 2011
2.209
May 2011
2.211
June 2011
2.213
July 2011
2.217
August 2011
2.221
September 2011
2.225
October 2011
2.229
November 2011
2.232
December 2011
2.236
January 2012
2.239
February 2012
2.242
March 2012
2.245
April 2012
2.247
May 2012
2.250
June 2012
2.254
July 2012
2.259
August 2012
2.263
September 2012
2.267
October 2012
2.271
November 2012
2.274
December 2012
2.278
Base CPI (1/2011)
2.204
EIA Short-Term Energy Outlook, January 2011

2.29
2.20
2.09
2.22
2.23
2.53
2.54
2.63
2.63
2.67
2.79
2.74
2.84
2.79
2.92
3.06
3.07
2.95
2.91
2.96
2.95
3.05
3.14
3.24
3.34
3.37
3.37
3.40
3.39
3.40
3.40
3.42
3.43
3.43
3.44
3.43
3.44
3.46
3.49
3.54
3.54
3.54
3.53
3.53
3.54
3.54
3.54
3.53

2.38
2.28
2.17
2.30
2.30
2.61
2.61
2.69
2.68
2.72
2.84 Forecast
2.79
Values
2.88
0
2.82
0
2.95
0
3.10
0
3.11
0
2.99
0
2.95
0
2.99
0
2.97
0
3.07
0
3.15
0
3.25
0
3.34
1
3.36
1
3.36
1
3.40
1
3.38
1
3.38
1
3.38
1
3.40
1
3.40
1
3.39
1
3.40
1
3.38
1
3.39
1
3.40
1
3.42
1
3.48
1
3.46
1
3.46
1
3.44
1
3.44
1
3.44
1
3.44
1
3.43
1
3.41
1

Forecast / estimated values shown in blue

Real Price (Jan 2011 $)
See Notes and Sources for more information

October 2003 April 2008 October 2012

ly 2001 January 2006 July 2010

EIA Short-Term Energy Outlook, January 2011

Annual Average Heating Oil Price
Return to Contents

Annual Heating Oil Price

3.50

3.00

2.50

2.00

1.50

1.00

0.50

0.00

1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005
1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 2004 2

Year
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987

Consumer Price
Index (1982-84=1)
0.652
0.726
0.824
0.909
0.965
0.996
1.039
1.076
1.097
1.136

Heating Oil Price ($/gallon)

Nominal
Real
0.49
1.66
0.70
2.14
0.97
2.61
1.19
2.89
1.16
2.65
1.08
2.39
1.09
2.31
1.05
2.16
0.84
1.68
0.80
1.56

1988
1.183
1989
1.239
1990
1.307
1991
1.362
1992
1.403
1993
1.445
1994
1.482
1995
1.524
1996
1.569
1997
1.605
1998
1.630
1999
1.666
2000
1.722
2001
1.770
2002
1.799
2003
1.840
2004
1.889
2005
1.953
2006
2.016
2007
2.073
2008
2.152
2009
2.145
2010
2.181
2011
2.218
2012
2.257
Base CPI (1/2011)
2.204
EIA Short-Term Energy Outlook, January 2011
Forecast / estimated values shown in blue
Real Price (Jan 2011 $)
See Notes and Sources for more information

0.81
0.90
1.06
1.02
0.93
0.91
0.88
0.87
0.99
0.98
0.85
0.87
1.31
1.25
1.13
1.36
1.54
2.05
2.36
2.59
3.21
2.39
2.79
3.20
3.37

1.52
1.60
1.79
1.65
1.47
1.39
1.31
1.26
1.39
1.35
1.15
1.15
1.68
1.56
1.39
1.63
1.80
2.32
2.59
2.75
3.29
2.45 Forecast
2.82
Values
3.18
1
3.30
1

ce

99 2001 2003 2005 2007 2009 2011

2000 2002 2004 2006 2008 2010 2012

EIA Short-Term Energy Outlook, January 2011

Quarterly Average Heating Oil Price
Return to Contents

Quarterly Heating Oil Price

4.00
3.50
3.00
2.50
2.00
1.50
1.00
0.50
0.00

1976Q3 1979Q3 1982Q3 1985Q3 1988Q3 1991Q3 1994Q3 1997Q3 2000Q3 2003Q3 20
1975Q1 1978Q1 1981Q1 1984Q1 1987Q1 1990Q1 1993Q1 1996Q1 1999Q1 2002Q1 2005Q

Quarter
1975Q1
1975Q2
1975Q3
1975Q4
1976Q1
1976Q2
1976Q3
1976Q4
1977Q1
1977Q2

Consumer Price
Index (1982-84=1)
0.526
0.532
0.543
0.553
0.559
0.564
0.573
0.581
0.592
0.602

Heating Oil Price ($/gallon)

Nominal
Real

0.38
0.40
0.40
0.39
0.40
0.42
0.45
0.46

1.54
1.58
1.57
1.53
1.53
1.60
1.68
1.68

1977Q3
1977Q4
1978Q1
1978Q2
1978Q3
1978Q4
1979Q1
1979Q2
1979Q3
1979Q4
1980Q1
1980Q2
1980Q3
1980Q4
1981Q1
1981Q2
1981Q3
1981Q4
1982Q1
1982Q2
1982Q3
1982Q4
1983Q1
1983Q2
1983Q3
1983Q4
1984Q1
1984Q2
1984Q3
1984Q4
1985Q1
1985Q2
1985Q3
1985Q4
1986Q1
1986Q2
1986Q3
1986Q4
1987Q1
1987Q2
1987Q3
1987Q4
1988Q1
1988Q2
1988Q3
1988Q4
1989Q1
1989Q2
1989Q3
1989Q4

0.611
0.620
0.630
0.645
0.660
0.675
0.692
0.714
0.737
0.760
0.790
0.817
0.832
0.856
0.879
0.898
0.923
0.938
0.946
0.960
0.976
0.979
0.980
0.991
1.001
1.011
1.025
1.035
1.044
1.053
1.063
1.072
1.079
1.090
1.096
1.090
1.097
1.105
1.118
1.131
1.143
1.153
1.162
1.176
1.190
1.203
1.217
1.236
1.246
1.259

0.46
0.48
0.49
0.48
0.48
0.52
0.56
0.64
0.78
0.84
0.94
0.97
0.98
1.03
1.19
1.23
1.20
1.21
1.18
1.13
1.14
1.19
1.11
1.05
1.05
1.06
1.13
1.09
1.04
1.05
1.05
1.03
0.98
1.08
0.98
0.77
0.67
0.69
0.79
0.78
0.79
0.83
0.84
0.81
0.75
0.78
0.86
0.86
0.82
0.96

1.66
1.69
1.70
1.65
1.62
1.69
1.78
1.99
2.33
2.44
2.62
2.63
2.59
2.65
2.99
3.01
2.87
2.84
2.75
2.59
2.58
2.67
2.49
2.33
2.32
2.32
2.43
2.31
2.19
2.20
2.18
2.12
2.01
2.18
1.96
1.57
1.35
1.37
1.56
1.53
1.52
1.59
1.59
1.53
1.40
1.43
1.55
1.54
1.44
1.67

1990Q1
1990Q2
1990Q3
1990Q4
1991Q1
1991Q2
1991Q3
1991Q4
1992Q1
1992Q2
1992Q3
1992Q4
1993Q1
1993Q2
1993Q3
1993Q4
1994Q1
1994Q2
1994Q3
1994Q4
1995Q1
1995Q2
1995Q3
1995Q4
1996Q1
1996Q2
1996Q3
1996Q4
1997Q1
1997Q2
1997Q3
1997Q4
1998Q1
1998Q2
1998Q3
1998Q4
1999Q1
1999Q2
1999Q3
1999Q4
2000Q1
2000Q2
2000Q3
2000Q4
2001Q1
2001Q2
2001Q3
2001Q4
2002Q1
2002Q2

1.280
1.293
1.315
1.338
1.348
1.356
1.366
1.377
1.387
1.397
1.408
1.420
1.431
1.441
1.448
1.460
1.467
1.475
1.489
1.498
1.509
1.521
1.529
1.537
1.551
1.564
1.573
1.587
1.596
1.600
1.608
1.617
1.620
1.625
1.634
1.641
1.647
1.660
1.672
1.684
1.701
1.714
1.730
1.742
1.759
1.771
1.776
1.775
1.781
1.795

1.02
0.90
0.99
1.23
1.11
0.93
0.88
0.96
0.94
0.92
0.90
0.94
0.95
0.91
0.85
0.88
0.91
0.87
0.83
0.86
0.87
0.86
0.82
0.88
0.96
0.99
0.91
1.06
1.05
0.97
0.88
0.94
0.91
0.86
0.77
0.79
0.81
0.82
0.86
1.01
1.31
1.17
1.24
1.40
1.35
1.25
1.15
1.10
1.09
1.10

1.76
1.54
1.66
2.03
1.81
1.51
1.42
1.53
1.49
1.46
1.40
1.46
1.46
1.39
1.29
1.33
1.37
1.29
1.22
1.26
1.27
1.24
1.18
1.27
1.37
1.39
1.27
1.47
1.45
1.34
1.21
1.28
1.24
1.16
1.04
1.06
1.08
1.09
1.13
1.32
1.70
1.51
1.58
1.77
1.69
1.56
1.43
1.37
1.35
1.35

2002Q3
1.804
1.06
1.30
2002Q4
1.815
1.20
1.46
2003Q1
1.834
1.44
1.74
2003Q2
1.831
1.30
1.56
2003Q3
1.844
1.18
1.41
2003Q4
1.851
1.30
1.55
2004Q1
1.867
1.43
1.68
2004Q2
1.882
1.42
1.66
2004Q3
1.894
1.52
1.77
2004Q4
1.914
1.81
2.08
2005Q1
1.924
1.86
2.13
2005Q2
1.937
1.95
2.22
2005Q3
1.966
2.25
2.52
2005Q4
1.984
2.34
2.60
2006Q1
1.994
2.33
2.58
2006Q2
2.013
2.45
2.68
2006Q3
2.032
2.44
2.65
2006Q4
2.023
2.35
2.56
2007Q1
2.043
2.38
2.57
2007Q2
2.067
2.48
2.65
2007Q3
2.079
2.56
2.71
2007Q4
2.104
3.01
3.16
2008Q1
2.128
3.24
3.36
2008Q2
2.156
3.82
3.91
2008Q3
2.189
3.89
3.92
2008Q4
2.137
2.70
2.79
2009Q1
2.125
2.33
2.42
2009Q2
2.135
2.22
2.29
2009Q3
2.154
2.31
2.36 Forecast
2009Q4
2.168
2.58
2.63
Values
2010Q1
2.176
2.72
2.76
0
2010Q2
2.172
2.73
2.77
0
2010Q3
2.180
2.61
2.64
0
2010Q4
2.195
2.99
3.00
1
2011Q1
2.207
3.20
3.20
1
2011Q2
2.211
3.12
3.11
1
2011Q3
2.221
3.10
3.08
1
2011Q4
2.232
3.27
3.22
1
2012Q1
2.242
3.38
3.32
1
2012Q2
2.250
3.32
3.25
1
2012Q3
2.263
3.27
3.18
1
2012Q4
2.274
3.43
3.32
1
Base CPI (1/2011)
2.204
EIA Short-Term Energy Outlook, January 2011
Forecast / estimated values shown in blue
Values shown for recent months are estimates if official historical data has not yet been released
Real Price (Jan 2011 $)
See Notes and Sources for more information

ice

2000Q3 2003Q3 2006Q3 2009Q3 2012Q3

99Q1 2002Q1 2005Q1 2008Q1 2011Q1

EIA Short-Term Energy Outlook, January 2011

Monthly Average Heating Oil Price
Return to Contents

Monthly Heating Oil Price

4.50
4.00
3.50
3.00
2.50
2.00
1.50
1.00
0.50
0.00

April 1977 October 1981 April 1986 October 1990 April 1995 October 1999 April 200
January 1975 July 1979 January 1984 July 1988 January 1993 July 1997 January 2002 Ju

Month
January 1975
February 1975
March 1975
April 1975
May 1975
June 1975
July 1975
August 1975
September 1975
October 1975

Consumer Price
Index (1982-84=1)
0.524
0.526
0.527
0.529
0.532
0.535
0.539
0.543
0.546
0.550

Heating Oil Price ($/gallon)

Nominal
Real

0.37
0.38
0.38
0.39

1.52
1.54
1.55
1.58

November 1975
December 1975
January 1976
February 1976
March 1976
April 1976
May 1976
June 1976
July 1976
August 1976
September 1976
October 1976
November 1976
December 1976
January 1977
February 1977
March 1977
April 1977
May 1977
June 1977
July 1977
August 1977
September 1977
October 1977
November 1977
December 1977
January 1978
February 1978
March 1978
April 1978
May 1978
June 1978
July 1978
August 1978
September 1978
October 1978
November 1978
December 1978
January 1979
February 1979
March 1979
April 1979
May 1979
June 1979
July 1979
August 1979
September 1979
October 1979
November 1979
December 1979

0.553
0.555
0.557
0.559
0.561
0.562
0.564
0.566
0.570
0.573
0.576
0.578
0.581
0.585
0.588
0.592
0.595
0.599
0.602
0.605
0.608
0.611
0.614
0.616
0.620
0.623
0.626
0.630
0.635
0.640
0.645
0.650
0.655
0.660
0.665
0.670
0.675
0.680
0.686
0.692
0.699
0.707
0.714
0.722
0.729
0.737
0.745
0.752
0.760
0.769

0.39
0.40
0.40
0.40
0.39
0.39
0.39
0.39
0.39
0.40
0.40
0.41
0.42
0.43
0.44
0.45
0.46
0.46
0.46
0.46
0.46
0.46
0.46
0.47
0.48
0.48
0.49
0.49
0.49
0.49
0.48
0.48
0.48
0.48
0.49
0.50
0.52
0.53
0.54
0.56
0.59
0.61
0.64
0.69
0.74
0.78
0.81
0.82
0.84
0.86

1.57
1.59
1.59
1.58
1.55
1.53
1.52
1.53
1.52
1.53
1.54
1.55
1.59
1.62
1.66
1.69
1.70
1.69
1.67
1.66
1.66
1.66
1.66
1.67
1.69
1.69
1.71
1.70
1.69
1.67
1.65
1.64
1.62
1.61
1.62
1.65
1.68
1.71
1.73
1.79
1.86
1.91
1.98
2.11
2.23
2.34
2.40
2.41
2.43
2.46

January 1980
February 1980
March 1980
April 1980
May 1980
June 1980
July 1980
August 1980
September 1980
October 1980
November 1980
December 1980
January 1981
February 1981
March 1981
April 1981
May 1981
June 1981
July 1981
August 1981
September 1981
October 1981
November 1981
December 1981
January 1982
February 1982
March 1982
April 1982
May 1982
June 1982
July 1982
August 1982
September 1982
October 1982
November 1982
December 1982
January 1983
February 1983
March 1983
April 1983
May 1983
June 1983
July 1983
August 1983
September 1983
October 1983
November 1983
December 1983
January 1984
February 1984

0.781
0.790
0.800
0.810
0.817
0.824
0.826
0.832
0.839
0.848
0.856
0.864
0.872
0.880
0.886
0.891
0.897
0.905
0.916
0.923
0.929
0.934
0.938
0.941
0.942
0.946
0.950
0.955
0.960
0.965
0.973
0.977
0.979
0.979
0.979
0.980
0.978
0.980
0.982
0.988
0.991
0.995
0.998
1.001
1.004
1.007
1.011
1.015
1.021
1.026

0.91
0.95
0.97
0.97
0.97
0.98
0.98
0.98
0.98
0.99
1.01
1.07
1.14
1.23
1.26
1.24
1.23
1.21
1.21
1.19
1.20
1.19
1.21
1.22
1.21
1.19
1.14
1.12
1.13
1.15
1.14
1.14
1.14
1.18
1.20
1.18
1.15
1.12
1.05
1.04
1.05
1.06
1.05
1.05
1.06
1.06
1.06
1.07
1.12
1.17

2.56
2.66
2.68
2.65
2.62
2.62
2.61
2.59
2.58
2.57
2.60
2.72
2.89
3.09
3.12
3.07
3.01
2.94
2.91
2.85
2.84
2.80
2.84
2.86
2.82
2.78
2.64
2.58
2.60
2.62
2.59
2.58
2.56
2.66
2.70
2.66
2.59
2.51
2.36
2.31
2.33
2.35
2.32
2.31
2.32
2.32
2.31
2.32
2.42
2.51

March 1984
April 1984
May 1984
June 1984
July 1984
August 1984
September 1984
October 1984
November 1984
December 1984
January 1985
February 1985
March 1985
April 1985
May 1985
June 1985
July 1985
August 1985
September 1985
October 1985
November 1985
December 1985
January 1986
February 1986
March 1986
April 1986
May 1986
June 1986
July 1986
August 1986
September 1986
October 1986
November 1986
December 1986
January 1987
February 1987
March 1987
April 1987
May 1987
June 1987
July 1987
August 1987
September 1987
October 1987
November 1987
December 1987
January 1988
February 1988
March 1988
April 1988

1.029
1.032
1.035
1.038
1.041
1.044
1.047
1.050
1.053
1.056
1.059
1.063
1.066
1.070
1.072
1.075
1.076
1.079
1.082
1.087
1.090
1.093
1.095
1.096
1.096
1.090
1.090
1.091
1.095
1.097
1.099
1.101
1.104
1.108
1.114
1.118
1.122
1.127
1.131
1.135
1.139
1.143
1.146
1.150
1.153
1.157
1.159
1.162
1.166
1.171

1.11
1.10
1.08
1.07
1.05
1.03
1.04
1.05
1.05
1.05
1.05
1.05
1.05
1.05
1.04
1.01
0.98
0.97
1.00
1.03
1.09
1.11
1.06
0.96
0.89
0.81
0.77
0.73
0.67
0.66
0.68
0.67
0.68
0.71
0.79
0.80
0.79
0.79
0.79
0.78
0.79
0.79
0.79
0.81
0.84
0.84
0.85
0.84
0.83
0.83

2.38
2.35
2.31
2.28
2.22
2.18
2.18
2.20
2.20
2.19
2.18
2.19
2.17
2.17
2.13
2.06
2.01
1.99
2.03
2.09
2.20
2.23
2.14
1.93
1.78
1.64
1.57
1.47
1.35
1.33
1.37
1.35
1.36
1.40
1.55
1.58
1.55
1.54
1.53
1.51
1.52
1.52
1.52
1.56
1.60
1.60
1.61
1.59
1.57
1.56

May 1988
June 1988
July 1988
August 1988
September 1988
October 1988
November 1988
December 1988
January 1989
February 1989
March 1989
April 1989
May 1989
June 1989
July 1989
August 1989
September 1989
October 1989
November 1989
December 1989
January 1990
February 1990
March 1990
April 1990
May 1990
June 1990
July 1990
August 1990
September 1990
October 1990
November 1990
December 1990
January 1991
February 1991
March 1991
April 1991
May 1991
June 1991
July 1991
August 1991
September 1991
October 1991
November 1991
December 1991
January 1992
February 1992
March 1992
April 1992
May 1992
June 1992

1.176
1.180
1.185
1.190
1.195
1.199
1.203
1.207
1.211
1.216
1.222
1.231
1.237
1.241
1.242
1.246
1.250
1.253
1.258
1.265
1.274
1.281
1.286
1.287
1.293
1.299
1.308
1.315
1.323
1.332
1.338
1.343
1.345
1.348
1.351
1.353
1.356
1.359
1.362
1.366
1.370
1.374
1.377
1.381
1.383
1.387
1.390
1.394
1.397
1.401

0.82
0.79
0.77
0.74
0.76
0.76
0.77
0.81
0.85
0.86
0.87
0.88
0.87
0.84
0.82
0.82
0.82
0.86
0.88
1.08
1.14
0.97
0.95
0.93
0.91
0.86
0.84
0.99
1.14
1.26
1.24
1.20
1.17
1.11
1.03
0.97
0.93
0.89
0.87
0.87
0.90
0.94
0.98
0.96
0.94
0.94
0.93
0.93
0.92
0.92

1.54
1.48
1.43
1.37
1.40
1.39
1.41
1.49
1.55
1.55
1.57
1.57
1.54
1.49
1.46
1.44
1.44
1.51
1.55
1.88
1.97
1.66
1.63
1.60
1.55
1.47
1.41
1.66
1.90
2.08
2.04
1.96
1.92
1.81
1.67
1.58
1.50
1.45
1.40
1.40
1.44
1.51
1.57
1.53
1.50
1.50
1.48
1.46
1.46
1.45

July 1992
August 1992
September 1992
October 1992
November 1992
December 1992
January 1993
February 1993
March 1993
April 1993
May 1993
June 1993
July 1993
August 1993
September 1993
October 1993
November 1993
December 1993
January 1994
February 1994
March 1994
April 1994
May 1994
June 1994
July 1994
August 1994
September 1994
October 1994
November 1994
December 1994
January 1995
February 1995
March 1995
April 1995
May 1995
June 1995
July 1995
August 1995
September 1995
October 1995
November 1995
December 1995
January 1996
February 1996
March 1996
April 1996
May 1996
June 1996
July 1996
August 1996

1.404
1.408
1.412
1.417
1.420
1.424
1.427
1.431
1.434
1.438
1.441
1.444
1.445
1.447
1.451
1.456
1.460
1.463
1.464
1.467
1.470
1.472
1.475
1.479
1.485
1.489
1.493
1.494
1.498
1.501
1.505
1.509
1.513
1.518
1.521
1.524
1.526
1.529
1.531
1.533
1.537
1.541
1.546
1.551
1.555
1.560
1.564
1.568
1.569
1.573

0.90
0.89
0.90
0.94
0.95
0.95
0.94
0.95
0.95
0.93
0.91
0.89
0.86
0.84
0.86
0.89
0.89
0.87
0.90
0.93
0.91
0.88
0.86
0.85
0.83
0.82
0.83
0.85
0.86
0.87
0.87
0.87
0.87
0.85
0.86
0.85
0.82
0.81
0.82
0.84
0.86
0.91
0.95
0.96
0.99
1.02
0.98
0.91
0.88
0.88

1.42
1.39
1.41
1.46
1.47
1.46
1.46
1.46
1.47
1.42
1.39
1.36
1.31
1.28
1.30
1.34
1.34
1.30
1.35
1.40
1.37
1.32
1.29
1.27
1.23
1.22
1.23
1.25
1.26
1.27
1.27
1.28
1.26
1.24
1.25
1.22
1.18
1.16
1.18
1.21
1.24
1.30
1.35
1.36
1.40
1.43
1.38
1.28
1.23
1.23

September 1996
October 1996
November 1996
December 1996
January 1997
February 1997
March 1997
April 1997
May 1997
June 1997
July 1997
August 1997
September 1997
October 1997
November 1997
December 1997
January 1998
February 1998
March 1998
April 1998
May 1998
June 1998
July 1998
August 1998
September 1998
October 1998
November 1998
December 1998
January 1999
February 1999
March 1999
April 1999
May 1999
June 1999
July 1999
August 1999
September 1999
October 1999
November 1999
December 1999
January 2000
February 2000
March 2000
April 2000
May 2000
June 2000
July 2000
August 2000
September 2000
October 2000

1.577
1.583
1.587
1.590
1.594
1.597
1.598
1.598
1.600
1.602
1.605
1.608
1.611
1.615
1.617
1.619
1.619
1.620
1.621
1.623
1.625
1.628
1.631
1.634
1.636
1.639
1.641
1.644
1.644
1.647
1.651
1.656
1.660
1.664
1.668
1.672
1.676
1.680
1.684
1.689
1.696
1.701
1.706
1.710
1.714
1.719
1.725
1.730
1.735
1.738

0.95
1.03
1.05
1.08
1.08
1.05
1.02
0.99
0.96
0.92
0.88
0.87
0.89
0.92
0.94
0.94
0.93
0.92
0.90
0.88
0.85
0.81
0.78
0.76
0.77
0.79
0.80
0.79
0.81
0.80
0.81
0.83
0.82
0.81
0.82
0.84
0.90
0.95
1.00
1.05
1.26
1.43
1.24
1.18
1.17
1.16
1.15
1.19
1.32
1.37

1.32
1.43
1.46
1.49
1.49
1.45
1.40
1.37
1.33
1.27
1.21
1.19
1.21
1.26
1.28
1.28
1.26
1.25
1.22
1.19
1.15
1.10
1.05
1.02
1.04
1.06
1.07
1.06
1.08
1.07
1.08
1.11
1.09
1.07
1.08
1.10
1.18
1.25
1.31
1.36
1.64
1.85
1.60
1.52
1.51
1.49
1.47
1.52
1.68
1.73

November 2000
December 2000
January 2001
February 2001
March 2001
April 2001
May 2001
June 2001
July 2001
August 2001
September 2001
October 2001
November 2001
December 2001
January 2002
February 2002
March 2002
April 2002
May 2002
June 2002
July 2002
August 2002
September 2002
October 2002
November 2002
December 2002
January 2003
February 2003
March 2003
April 2003
May 2003
June 2003
July 2003
August 2003
September 2003
October 2003
November 2003
December 2003
January 2004
February 2004
March 2004
April 2004
May 2004
June 2004
July 2004
August 2004
September 2004
October 2004
November 2004
December 2004

1.742
1.747
1.754
1.759
1.764
1.768
1.772
1.774
1.776
1.777
1.777
1.774
1.775
1.776
1.778
1.780
1.784
1.791
1.795
1.799
1.801
1.804
1.808
1.810
1.815
1.820
1.831
1.834
1.836
1.829
1.830
1.833
1.841
1.845
1.848
1.848
1.851
1.855
1.862
1.867
1.872
1.877
1.882
1.886
1.888
1.893
1.899
1.909
1.914
1.919

1.40
1.41
1.39
1.34
1.29
1.27
1.25
1.20
1.14
1.14
1.18
1.14
1.11
1.08
1.10
1.08
1.10
1.12
1.09
1.06
1.03
1.04
1.10
1.15
1.18
1.24
1.33
1.51
1.54
1.35
1.27
1.22
1.16
1.18
1.19
1.24
1.28
1.34
1.42
1.44
1.42
1.42
1.43
1.41
1.43
1.50
1.60
1.81
1.83
1.79

1.77
1.78
1.74
1.68
1.62
1.59
1.55
1.49
1.41
1.42
1.46
1.42
1.38
1.34
1.36
1.34
1.36
1.37
1.34
1.30
1.26
1.27
1.34
1.40
1.43
1.50
1.60
1.81
1.85
1.62
1.53
1.46
1.39
1.41
1.42
1.47
1.53
1.59
1.68
1.70
1.67
1.67
1.67
1.65
1.67
1.75
1.85
2.09
2.10
2.06

January 2005
February 2005
March 2005
April 2005
May 2005
June 2005
July 2005
August 2005
September 2005
October 2005
November 2005
December 2005
January 2006
February 2006
March 2006
April 2006
May 2006
June 2006
July 2006
August 2006
September 2006
October 2006
November 2006
December 2006
January 2007
February 2007
March 2007
April 2007
May 2007
June 2007
July 2007
August 2007
September 2007
October 2007
November 2007
December 2007
January 2008
February 2008
March 2008
April 2008
May 2008
June 2008
July 2008
August 2008
September 2008
October 2008
November 2008
December 2008
January 2009
February 2009

1.920
1.924
1.928
1.930
1.936
1.944
1.958
1.966
1.974
1.979
1.985
1.989
1.990
1.994
1.999
2.007
2.013
2.019
2.029
2.033
2.033
2.022
2.022
2.025
2.036
2.043
2.050
2.060
2.067
2.073
2.073
2.079
2.086
2.096
2.104
2.112
2.120
2.128
2.137
2.146
2.155
2.166
2.191
2.192
2.184
2.148
2.135
2.127
2.126
2.124

1.81
1.85
1.94
1.97
1.92
1.99
2.04
2.18
2.42
2.44
2.32
2.31
2.33
2.31
2.35
2.43
2.47
2.46
2.46
2.50
2.38
2.30
2.34
2.38
2.31
2.39
2.45
2.48
2.48
2.49
2.55
2.51
2.61
2.76
3.04
3.10
3.14
3.18
3.48
3.63
3.92
4.20
4.30
3.87
3.67
3.17
2.78
2.45
2.43
2.31

2.08
2.12
2.22
2.25
2.18
2.25
2.30
2.45
2.71
2.72
2.58
2.56
2.59
2.56
2.59
2.67
2.70
2.68
2.67
2.71
2.58
2.51
2.55
2.59
2.50
2.58
2.63
2.65
2.64
2.65
2.71
2.66
2.76
2.90
3.18
3.23
3.26
3.29
3.58
3.73
4.01
4.28
4.32
3.89
3.70
3.25
2.87
2.54
2.52
2.40

March 2009
2.125
2.21
2.29
April 2009
2.130
2.21
2.29
May 2009
2.134
2.17
2.24
June 2009
2.140
2.31
2.38
July 2009
2.149
2.22
2.28
August 2009
2.154
2.37
2.42
September 2009
2.160
2.33
2.38
October 2009
2.164
2.46
2.50
November 2009
2.168
2.61
2.65 Forecast
December 2009
2.172
2.63
2.67
Values
January 2010
2.175
2.76
2.80
0
February 2010
2.177
2.66
2.69
0
March 2010
2.177
2.76
2.79
0
April 2010
2.172
2.79
2.83
0
May 2010
2.172
2.72
2.76
0
June 2010
2.173
2.62
2.66
0
July 2010
2.177
2.58
2.62
0
August 2010
2.180
2.60
2.63
0
September 2010
2.184
2.64
2.67
0
October 2010
2.190
2.79
2.81
0
November 2010
2.195
2.94
2.95
1
December 2010
2.199
3.09
3.10
1
January 2011
2.204
3.18
3.18
1
February 2011
2.207
3.23
3.22
1
March 2011
2.210
3.20
3.20
1
April 2011
2.209
3.16
3.15
1
May 2011
2.211
3.10
3.09
1
June 2011
2.213
3.06
3.05
1
July 2011
2.217
3.07
3.05
1
August 2011
2.221
3.09
3.06
1
September 2011
2.225
3.14
3.11
1
October 2011
2.229
3.18
3.15
1
November 2011
2.232
3.26
3.22
1
December 2011
2.236
3.30
3.26
1
January 2012
2.239
3.36
3.31
1
February 2012
2.242
3.38
3.32
1
March 2012
2.245
3.39
3.33
1
April 2012
2.247
3.36
3.30
1
May 2012
2.250
3.30
3.23
1
June 2012
2.254
3.26
3.18
1
July 2012
2.259
3.24
3.16
1
August 2012
2.263
3.25
3.16
1
September 2012
2.267
3.30
3.21
1
October 2012
2.271
3.36
3.26
1
November 2012
2.274
3.42
3.32
1
December 2012
2.278
3.46
3.35
1
Base CPI (1/2011)
2.204
EIA Short-Term Energy Outlook, January 2011
Forecast / estimated values shown in blue
Values shown for recent months are estimates if official historical data has not yet been released

Real Price (Jan 2011 $)

See Notes and Sources for more information

ce

tober 1999 April 2004 October 2008

97 January 2002 July 2006 January 2011

EIA Short-Term Energy Outlook, January 2011

Annual Average Residential Natural Gas Price
Return to Contents

Annual Residential Natural Gas Price

16
14
12
10
8
6
4
2
0

1968 1970 1972 1974 1976 1978 1980 1982 1984 1986 1988 1990 1992 1994 1996 1998 2000 2002 20
1967 1969 1971 1973 1975 1977 1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003

Year
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976

Consumer Price
Index (1982-84=1)
0.334
0.348
0.367
0.388
0.405
0.418
0.444
0.493
0.538
0.569

Residential Natural Gas Price ($/mcf)

Nominal
Real
1.04
1.04
6.59
1.05
6.31
1.09
6.19
1.15
6.26
1.21
6.38
1.29
6.40
1.43
6.39
1.71
7.00
1.98
7.67

1977
0.606
1978
0.652
1979
0.726
1980
0.824
1981
0.909
1982
0.965
1983
0.996
1984
1.039
1985
1.076
1986
1.097
1987
1.136
1988
1.183
1989
1.239
1990
1.307
1991
1.362
1992
1.403
1993
1.445
1994
1.482
1995
1.524
1996
1.569
1997
1.605
1998
1.630
1999
1.666
2000
1.722
2001
1.770
2002
1.799
2003
1.840
2004
1.889
2005
1.953
2006
2.016
2007
2.073
2008
2.152
2009
2.145
2010
2.181
2011
2.218
2012
2.257
Base CPI (1/2011)
2.204
EIA Short-Term Energy Outlook, January 2011
Forecast / estimated values shown in blue
Real Price (Jan 2011 $)
See Notes and Sources for more information

2.35
2.56
2.98
3.68
4.20
5.05
6.04
6.12
6.12
5.83
5.55
5.47
5.64
5.80
5.82
5.89
6.17
6.41
6.06
6.35
6.95
6.83
6.69
7.77
9.63
7.90
9.63
10.75
12.70
13.73
13.08
13.90
12.12
11.38
11.43
12.05

8.55
8.65
9.05
9.85
10.19
11.54
13.37
12.98
12.54
11.72
10.76
10.20
10.02
9.78
9.43
9.25
9.41
9.53
8.77
8.92
9.54
9.23
8.86
9.94
11.99
9.68
11.54
12.54
14.34
15.02
13.91
14.23
12.46 Forecast
11.50
Values
11.36
1
11.76
1

as Price

1996 1998 2000 2002 2004 2006 2008 2010 2012

95 1997 1999 2001 2003 2005 2007 2009 2011

EIA Short-Term Energy Outlook, January 2011

Quarterly Average Residential Natural Gas Price
Return to Contents

Quarterly Residential Natural Gas Price

20
18
16
14
12
10
8
6
4
2
0

1982Q2 1984Q4 1987Q2 1989Q4 1992Q2 1994Q4 1997Q2 1999Q4 2002Q2 2004Q4 20
1981Q1 1983Q3 1986Q1 1988Q3 1991Q1 1993Q3 1996Q1 1998Q3 2001Q1 2003Q3 2006Q1

Quarter
1981Q1
1981Q2
1981Q3
1981Q4
1982Q1
1982Q2
1982Q3
1982Q4
1983Q1
1983Q2

Consumer Price
Index (1982-84=1)
0.879
0.898
0.923
0.938
0.946
0.960
0.976
0.979
0.980
0.991

Residential Natural Gas Price ($/mcf)

Nominal
Real
3.99
10.00
4.21
10.33
4.36
10.43
4.53
10.66
4.70
10.95
5.01
11.51
5.29
11.95
5.71
12.84
5.90
13.27
6.14
13.64

1983Q3
1983Q4
1984Q1
1984Q2
1984Q3
1984Q4
1985Q1
1985Q2
1985Q3
1985Q4
1986Q1
1986Q2
1986Q3
1986Q4
1987Q1
1987Q2
1987Q3
1987Q4
1988Q1
1988Q2
1988Q3
1988Q4
1989Q1
1989Q2
1989Q3
1989Q4
1990Q1
1990Q2
1990Q3
1990Q4
1991Q1
1991Q2
1991Q3
1991Q4
1992Q1
1992Q2
1992Q3
1992Q4
1993Q1
1993Q2
1993Q3
1993Q4
1994Q1
1994Q2
1994Q3
1994Q4
1995Q1
1995Q2
1995Q3
1995Q4

1.001
1.011
1.025
1.035
1.044
1.053
1.063
1.072
1.079
1.090
1.096
1.090
1.097
1.105
1.118
1.131
1.143
1.153
1.162
1.176
1.190
1.203
1.217
1.236
1.246
1.259
1.280
1.293
1.315
1.338
1.348
1.356
1.366
1.377
1.387
1.397
1.408
1.420
1.431
1.441
1.448
1.460
1.467
1.475
1.489
1.498
1.509
1.521
1.529
1.537

6.19
6.18
5.84
6.20
7.17
6.26
5.93
6.42
7.11
5.95
5.67
6.14
6.87
5.58
5.33
5.82
6.75
5.36
5.11
5.73
6.81
5.55
5.41
5.86
6.92
5.50
5.55
5.93
7.00
5.73
5.56
6.23
7.16
5.63
5.53
6.01
7.29
5.96
5.71
6.49
7.90
6.23
6.06
6.88
8.05
6.27
5.82
6.48
7.88
5.72

13.64
13.47
12.55
13.21
15.13
13.10
12.31
13.19
14.53
12.03
11.40
12.41
13.80
11.13
10.51
11.34
13.02
10.23
9.69
10.75
12.62
10.16
9.80
10.44
12.25
9.62
9.55
10.12
11.74
9.45
9.10
10.12
11.55
9.00
8.78
9.48
11.41
9.25
8.80
9.93
12.03
9.41
9.11
10.28
11.92
9.22
8.50
9.39
11.37
8.21

1996Q1
1996Q2
1996Q3
1996Q4
1997Q1
1997Q2
1997Q3
1997Q4
1998Q1
1998Q2
1998Q3
1998Q4
1999Q1
1999Q2
1999Q3
1999Q4
2000Q1
2000Q2
2000Q3
2000Q4
2001Q1
2001Q2
2001Q3
2001Q4
2002Q1
2002Q2
2002Q3
2002Q4
2003Q1
2003Q2
2003Q3
2003Q4
2004Q1
2004Q2
2004Q3
2004Q4
2005Q1
2005Q2
2005Q3
2005Q4
2006Q1
2006Q2
2006Q3
2006Q4
2007Q1
2007Q2
2007Q3
2007Q4
2008Q1
2008Q2

1.551
1.564
1.573
1.587
1.596
1.600
1.608
1.617
1.620
1.625
1.634
1.641
1.647
1.660
1.672
1.684
1.701
1.714
1.730
1.742
1.759
1.771
1.776
1.775
1.781
1.795
1.804
1.815
1.834
1.831
1.844
1.851
1.867
1.882
1.894
1.914
1.924
1.937
1.966
1.984
1.994
2.013
2.032
2.023
2.043
2.067
2.079
2.104
2.128
2.156

5.78
6.72
8.43
6.53
6.70
6.96
8.87
6.83
6.37
7.39
8.90
6.63
6.11
7.03
8.85
6.89
6.57
7.96
10.26
8.69
10.09
10.71
10.75
7.69
7.25
8.30
10.32
8.03
8.75
10.73
12.63
9.78
9.84
11.35
13.53
11.29
10.87
12.52
15.64
15.17
14.06
13.96
15.86
12.50
12.32
14.24
16.48
12.86
12.61
15.88

8.22
9.47
11.82
9.07
9.25
9.58
12.15
9.32
8.67
10.03
12.01
8.90
8.17
9.34
11.67
9.02
8.51
10.23
13.07
11.00
12.64
13.32
13.34
9.55
8.97
10.19
12.61
9.75
10.52
12.92
15.09
11.64
11.62
13.30
15.75
13.00
12.46
14.25
17.53
16.85
15.54
15.29
17.21
13.62
13.30
15.18
17.47
13.47
13.06
16.24

2008Q3
2.189
19.78
19.91
2008Q4
2.137
13.53
13.96
2009Q1
2.125
12.28
12.74
2009Q2
2.135
12.50
12.91
2009Q3
2.154
15.22
15.57 Forecast
2009Q4
2.168
10.89
11.07
Values
2010Q1
2.176
10.59
10.72
0
2010Q2
2.172
12.54
12.72
0
2010Q3
2.180
15.47
15.63
0
2010Q4
2.195
11.19
11.24
1
2011Q1
2.207
10.55
10.54
1
2011Q2
2.211
11.68
11.64
1
2011Q3
2.221
14.85
14.74
1
2011Q4
2.232
11.83
11.68
1
2012Q1
2.242
11.15
10.97
1
2012Q2
2.250
12.30
12.04
1
2012Q3
2.263
15.49
15.09
1
2012Q4
2.274
12.47
12.09
1
Base CPI (1/2011)
2.204
EIA Short-Term Energy Outlook, January 2011
Forecast / estimated values shown in blue
Values shown for recent months are estimates if official historical data has not yet been released
Real Price (Jan 2011 $)
See Notes and Sources for more information

Gas Price

2002Q2 2004Q4 2007Q2 2009Q4 2012Q2

1Q1 2003Q3 2006Q1 2008Q3 2011Q1

EIA Short-Term Energy Outlook, January 2011

Monthly Average Residential Natural Gas Price
Return to Contents

Monthly Residential Natural Gas Price

22
20
18
16
14
12
10
8
6
4
2
0

April 1983
October 1987
April 1992
October 1996
April 2001
October 200
January 1981
July 1985
January 1990
July 1994
January 1999
July 2003
Janu

Month
January 1981
February 1981
March 1981
April 1981
May 1981
June 1981
July 1981
August 1981
September 1981
October 1981

Consumer Price
Index (1982-84=1)
0.872
0.880
0.886
0.891
0.897
0.905
0.916
0.923
0.929
0.934

Residential Natural Gas Price ($/mcf)

Nominal
Real
3.94
9.96
3.99
10.00
4.06
10.10
4.11
10.17
4.29
10.54
4.30
10.47
4.32
10.40
4.30
10.27
4.47
10.60
4.50
10.62

November 1981
December 1981
January 1982
February 1982
March 1982
April 1982
May 1982
June 1982
July 1982
August 1982
September 1982
October 1982
November 1982
December 1982
January 1983
February 1983
March 1983
April 1983
May 1983
June 1983
July 1983
August 1983
September 1983
October 1983
November 1983
December 1983
January 1984
February 1984
March 1984
April 1984
May 1984
June 1984
July 1984
August 1984
September 1984
October 1984
November 1984
December 1984
January 1985
February 1985
March 1985
April 1985
May 1985
June 1985
July 1985
August 1985
September 1985
October 1985
November 1985
December 1985

0.938
0.941
0.942
0.946
0.950
0.955
0.960
0.965
0.973
0.977
0.979
0.979
0.979
0.980
0.978
0.980
0.982
0.988
0.991
0.995
0.998
1.001
1.004
1.007
1.011
1.015
1.021
1.026
1.029
1.032
1.035
1.038
1.041
1.044
1.047
1.050
1.053
1.056
1.059
1.063
1.066
1.070
1.072
1.075
1.076
1.079
1.082
1.087
1.090
1.093

4.53
4.55
4.65
4.69
4.78
4.86
5.17
5.20
5.23
5.23
5.41
5.66
5.68
5.74
5.86
5.87
6.00
6.06
6.22
6.20
6.21
6.18
6.19
6.70
6.30
5.94
5.78
5.84
5.92
5.96
6.27
6.76
7.11
7.23
7.17
6.80
6.31
6.05
5.97
5.86
5.99
6.11
6.59
6.96
7.07
7.21
7.06
6.50
6.13
5.70

10.65
10.65
10.88
10.93
11.09
11.22
11.88
11.88
11.85
11.80
12.18
12.75
12.78
12.91
13.20
13.21
13.47
13.52
13.83
13.74
13.72
13.61
13.59
14.67
13.74
12.90
12.48
12.55
12.68
12.73
13.35
14.35
15.06
15.27
15.10
14.28
13.21
12.63
12.42
12.16
12.39
12.59
13.54
14.27
14.48
14.73
14.38
13.18
12.39
11.50

January 1986
February 1986
March 1986
April 1986
May 1986
June 1986
July 1986
August 1986
September 1986
October 1986
November 1986
December 1986
January 1987
February 1987
March 1987
April 1987
May 1987
June 1987
July 1987
August 1987
September 1987
October 1987
November 1987
December 1987
January 1988
February 1988
March 1988
April 1988
May 1988
June 1988
July 1988
August 1988
September 1988
October 1988
November 1988
December 1988
January 1989
February 1989
March 1989
April 1989
May 1989
June 1989
July 1989
August 1989
September 1989
October 1989
November 1989
December 1989
January 1990
February 1990

1.095
1.096
1.096
1.090
1.090
1.091
1.095
1.097
1.099
1.101
1.104
1.108
1.114
1.118
1.122
1.127
1.131
1.135
1.139
1.143
1.146
1.150
1.153
1.157
1.159
1.162
1.166
1.171
1.176
1.180
1.185
1.190
1.195
1.199
1.203
1.207
1.211
1.216
1.222
1.231
1.237
1.241
1.242
1.246
1.250
1.253
1.258
1.265
1.274
1.281

5.63
5.67
5.71
5.89
6.18
6.67
6.84
6.94
6.83
6.38
5.66
5.28
5.30
5.34
5.36
5.46
5.98
6.55
6.78
6.84
6.64
5.85
5.42
5.13
5.08
5.09
5.18
5.35
5.87
6.50
6.74
6.92
6.79
5.95
5.56
5.39
5.41
5.38
5.45
5.54
5.93
6.58
6.92
7.07
6.80
6.06
5.56
5.30
5.43
5.65

11.33
11.40
11.49
11.91
12.50
13.48
13.77
13.95
13.69
12.77
11.30
10.50
10.49
10.53
10.53
10.68
11.66
12.72
13.12
13.19
12.77
11.21
10.36
9.78
9.66
9.65
9.79
10.07
11.01
12.14
12.53
12.82
12.53
10.94
10.19
9.84
9.85
9.75
9.83
9.92
10.57
11.69
12.28
12.51
11.99
10.66
9.74
9.24
9.39
9.72

March 1990
April 1990
May 1990
June 1990
July 1990
August 1990
September 1990
October 1990
November 1990
December 1990
January 1991
February 1991
March 1991
April 1991
May 1991
June 1991
July 1991
August 1991
September 1991
October 1991
November 1991
December 1991
January 1992
February 1992
March 1992
April 1992
May 1992
June 1992
July 1992
August 1992
September 1992
October 1992
November 1992
December 1992
January 1993
February 1993
March 1993
April 1993
May 1993
June 1993
July 1993
August 1993
September 1993
October 1993
November 1993
December 1993
January 1994
February 1994
March 1994
April 1994

1.286
1.287
1.293
1.299
1.308
1.315
1.323
1.332
1.338
1.343
1.345
1.348
1.351
1.353
1.356
1.359
1.362
1.366
1.370
1.374
1.377
1.381
1.383
1.387
1.390
1.394
1.397
1.401
1.404
1.408
1.412
1.417
1.420
1.424
1.427
1.431
1.434
1.438
1.441
1.444
1.445
1.447
1.451
1.456
1.460
1.463
1.464
1.467
1.470
1.472

5.60
5.64
6.00
6.56
7.04
7.08
6.90
6.14
5.69
5.62
5.54
5.56
5.60
5.90
6.28
6.97
7.23
7.36
6.92
6.20
5.51
5.51
5.53
5.54
5.50
5.62
6.15
6.84
7.27
7.45
7.15
6.52
6.02
5.74
5.73
5.73
5.67
6.02
6.78
7.37
7.86
8.13
7.75
6.79
6.17
6.07
5.93
6.04
6.30
6.60

9.60
9.66
10.23
11.13
11.86
11.86
11.50
10.16
9.37
9.23
9.08
9.09
9.14
9.61
10.21
11.31
11.70
11.88
11.14
9.95
8.82
8.80
8.81
8.81
8.72
8.89
9.70
10.76
11.41
11.66
11.16
10.15
9.34
8.88
8.85
8.83
8.71
9.23
10.37
11.25
11.99
12.38
11.77
10.28
9.32
9.15
8.93
9.08
9.45
9.88

May 1994
June 1994
July 1994
August 1994
September 1994
October 1994
November 1994
December 1994
January 1995
February 1995
March 1995
April 1995
May 1995
June 1995
July 1995
August 1995
September 1995
October 1995
November 1995
December 1995
January 1996
February 1996
March 1996
April 1996
May 1996
June 1996
July 1996
August 1996
September 1996
October 1996
November 1996
December 1996
January 1997
February 1997
March 1997
April 1997
May 1997
June 1997
July 1997
August 1997
September 1997
October 1997
November 1997
December 1997
January 1998
February 1998
March 1998
April 1998
May 1998
June 1998

1.475
1.479
1.485
1.489
1.493
1.494
1.498
1.501
1.505
1.509
1.513
1.518
1.521
1.524
1.526
1.529
1.531
1.533
1.537
1.541
1.546
1.551
1.555
1.560
1.564
1.568
1.569
1.573
1.577
1.583
1.587
1.590
1.594
1.597
1.598
1.598
1.600
1.602
1.605
1.608
1.611
1.615
1.617
1.619
1.619
1.620
1.621
1.623
1.625
1.628

6.84
7.66
8.10
8.22
7.84
6.86
6.27
6.06
5.85
5.76
5.84
6.06
6.54
7.49
7.82
8.13
7.73
6.62
5.61
5.54
5.64
5.82
5.93
6.27
6.84
7.83
8.64
8.73
7.99
7.05
6.37
6.47
6.74
6.79
6.52
6.53
6.83
8.30
8.78
8.99
8.84
7.69
6.86
6.54
6.41
6.41
6.29
6.81
7.70
8.51

10.22
11.42
12.02
12.17
11.58
10.12
9.23
8.90
8.57
8.42
8.51
8.80
9.48
10.83
11.30
11.72
11.13
9.52
8.05
7.93
8.04
8.27
8.41
8.86
9.64
11.01
12.14
12.23
11.17
9.82
8.85
8.97
9.32
9.37
8.99
9.01
9.41
11.42
12.06
12.32
12.10
10.50
9.35
8.91
8.73
8.72
8.55
9.25
10.44
11.52

July 1998
August 1998
September 1998
October 1998
November 1998
December 1998
January 1999
February 1999
March 1999
April 1999
May 1999
June 1999
July 1999
August 1999
September 1999
October 1999
November 1999
December 1999
January 2000
February 2000
March 2000
April 2000
May 2000
June 2000
July 2000
August 2000
September 2000
October 2000
November 2000
December 2000
January 2001
February 2001
March 2001
April 2001
May 2001
June 2001
July 2001
August 2001
September 2001
October 2001
November 2001
December 2001
January 2002
February 2002
March 2002
April 2002
May 2002
June 2002
July 2002
August 2002

1.631
1.634
1.636
1.639
1.641
1.644
1.644
1.647
1.651
1.656
1.660
1.664
1.668
1.672
1.676
1.680
1.684
1.689
1.696
1.701
1.706
1.710
1.714
1.719
1.725
1.730
1.735
1.738
1.742
1.747
1.754
1.759
1.764
1.768
1.772
1.774
1.776
1.777
1.777
1.774
1.775
1.776
1.778
1.780
1.784
1.791
1.795
1.799
1.801
1.804

8.53
9.25
8.96
7.60
6.58
6.34
6.00
6.29
6.06
6.44
7.30
8.20
8.83
9.14
8.63
7.56
7.15
6.51
6.37
6.54
6.91
7.19
8.26
9.50
10.32
10.37
10.10
9.44
8.58
8.56
10.12
10.26
9.85
10.16
11.14
11.58
11.22
10.89
10.17
8.24
7.98
7.30
7.38
7.23
7.10
7.66
8.54
9.58
10.31
10.44

11.53
12.48
12.07
10.22
8.84
8.50
8.04
8.42
8.09
8.57
9.70
10.86
11.67
12.05
11.35
9.92
9.36
8.49
8.28
8.47
8.93
9.27
10.62
12.18
13.19
13.21
12.83
11.98
10.86
10.80
12.72
12.86
12.31
12.66
13.86
14.39
13.93
13.51
12.62
10.24
9.91
9.06
9.15
8.95
8.77
9.43
10.49
11.74
12.62
12.75

September 2002
October 2002
November 2002
December 2002
January 2003
February 2003
March 2003
April 2003
May 2003
June 2003
July 2003
August 2003
September 2003
October 2003
November 2003
December 2003
January 2004
February 2004
March 2004
April 2004
May 2004
June 2004
July 2004
August 2004
September 2004
October 2004
November 2004
December 2004
January 2005
February 2005
March 2005
April 2005
May 2005
June 2005
July 2005
August 2005
September 2005
October 2005
November 2005
December 2005
January 2006
February 2006
March 2006
April 2006
May 2006
June 2006
July 2006
August 2006
September 2006
October 2006

1.808
1.810
1.815
1.820
1.831
1.834
1.836
1.829
1.830
1.833
1.841
1.845
1.848
1.848
1.851
1.855
1.862
1.867
1.872
1.877
1.882
1.886
1.888
1.893
1.899
1.909
1.914
1.919
1.920
1.924
1.928
1.930
1.936
1.944
1.958
1.966
1.974
1.979
1.985
1.989
1.990
1.994
1.999
2.007
2.013
2.019
2.029
2.033
2.033
2.022

10.23
8.61
7.99
7.87
8.18
8.58
9.77
10.18
10.79
12.08
12.75
12.84
12.31
10.64
9.77
9.51
9.71
9.85
10.03
10.54
11.63
13.08
13.54
13.74
13.31
11.69
11.44
11.09
10.90
10.87
10.84
11.88
12.74
13.79
14.86
15.51
16.56
16.44
15.64
14.60
14.92
13.98
13.17
13.27
14.41
15.07
15.72
16.18
15.71
12.51

12.47
10.48
9.71
9.53
9.85
10.31
11.73
12.27
13.00
14.53
15.27
15.34
14.69
12.69
11.63
11.30
11.50
11.63
11.81
12.38
13.62
15.29
15.80
16.00
15.45
13.50
13.17
12.74
12.51
12.46
12.40
13.57
14.50
15.64
16.73
17.39
18.49
18.31
17.37
16.18
16.53
15.45
14.52
14.58
15.78
16.45
17.07
17.55
17.03
13.64

November 2006
December 2006
January 2007
February 2007
March 2007
April 2007
May 2007
June 2007
July 2007
August 2007
September 2007
October 2007
November 2007
December 2007
January 2008
February 2008
March 2008
April 2008
May 2008
June 2008
July 2008
August 2008
September 2008
October 2008
November 2008
December 2008
January 2009
February 2009
March 2009
April 2009
May 2009
June 2009
July 2009
August 2009
September 2009
October 2009
November 2009
December 2009
January 2010
February 2010
March 2010
April 2010
May 2010
June 2010
July 2010
August 2010
September 2010
October 2010
November 2010
December 2010

2.022
2.025
2.036
2.043
2.050
2.060
2.067
2.073
2.073
2.079
2.086
2.096
2.104
2.112
2.120
2.128
2.137
2.146
2.155
2.166
2.191
2.192
2.184
2.148
2.135
2.127
2.126
2.124
2.125
2.130
2.134
2.140
2.149
2.154
2.160
2.164
2.168
2.172
2.175
2.177
2.177
2.172
2.172
2.173
2.177
2.180
2.184
2.190
2.195
2.199

12.45
12.53
12.17
12.13
12.81
13.31
14.69
16.28
16.71
16.71
16.03
14.57
13.04
12.34
12.24
12.58
13.13
14.49
16.33
18.91
20.77
20.17
18.41
15.45
13.80
12.84
12.49
12.26
11.98
11.68
12.86
14.26
15.27
15.61
14.80
11.78
11.48
10.30
10.45
10.57
10.83
11.70
12.71
14.24
15.50
15.91
15.03
13.06
11.83
10.34

13.57
13.64
13.18
13.09
13.77
14.24
15.66
17.31
17.76
17.72
16.94
15.32
13.66
12.88
12.73
13.03
13.54
14.89
16.70
19.25
20.90
20.28
18.58
15.85
14.24
13.31
12.95
12.72
12.43
12.09
13.28
14.69
15.67
15.97
15.11
12.00
11.67 Forecast
10.45
Values
10.59
0
10.70
0
10.97
0
11.87
0
12.90
0
14.44
0
15.70
0
16.09
0
15.17
0
13.14
0
11.88
1
10.36
1

January 2011
2.204
10.52
10.52
February 2011
2.207
10.57
10.55
March 2011
2.210
10.58
10.56
April 2011
2.209
11.01
10.98
May 2011
2.211
11.98
11.95
June 2011
2.213
13.24
13.19
July 2011
2.217
14.40
14.32
August 2011
2.221
15.13
15.02
September 2011
2.225
15.00
14.86
October 2011
2.229
13.19
13.04
November 2011
2.232
12.22
12.06
December 2011
2.236
11.11
10.96
January 2012
2.239
11.09
10.92
February 2012
2.242
11.18
10.99
March 2012
2.245
11.21
11.00
April 2012
2.247
11.64
11.41
May 2012
2.250
12.60
12.34
June 2012
2.254
13.81
13.51
July 2012
2.259
15.00
14.64
August 2012
2.263
15.80
15.39
September 2012
2.267
15.65
15.22
October 2012
2.271
13.81
13.41
November 2012
2.274
12.84
12.44
December 2012
2.278
11.76
11.38
Base CPI (1/2011)
2.204
EIA Short-Term Energy Outlook, January 2011
Forecast / estimated values shown in blue
Values shown for recent months are estimates if official historical data has not yet been released
Real Price (Jan 2011 $)
See Notes and Sources for more information

1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

Gas Price

l 2001
October 2005
April 2010
July 2003
January 2008
July 2012

EIA Short-Term Energy Outlook, January 2011

Annual Average Residential Electricity Price
Return to Contents

Annual Residential Electricity Price

20
18
16
14
12
10
8
6
4
2
0

1962
1966
1970
1974
1978
1982
1986
1990
1994
1998
200
1960
1964
1968
1972
1976
1980
1984
1988
1992
1996
2000

Year
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969

Consumer Price
Index (1982-84=1)
0.296
0.299
0.302
0.306
0.310
0.315
0.324
0.334
0.348
0.367

Residential Electricity Price (/kwh)

Nominal
Real
2.60
19.36
2.60
19.17
2.60
18.98
2.50
18.01
2.50
17.78
2.40
16.79
2.30
15.65
2.30
15.18
2.30
14.57
2.20
13.21

1970
0.388
1971
0.405
1972
0.418
1973
0.444
1974
0.493
1975
0.538
1976
0.569
1977
0.606
1978
0.652
1979
0.726
1980
0.824
1981
0.909
1982
0.965
1983
0.996
1984
1.039
1985
1.076
1986
1.097
1987
1.136
1988
1.183
1989
1.239
1990
1.307
1991
1.362
1992
1.403
1993
1.445
1994
1.482
1995
1.524
1996
1.569
1997
1.605
1998
1.630
1999
1.666
2000
1.722
2001
1.770
2002
1.799
2003
1.840
2004
1.889
2005
1.953
2006
2.016
2007
2.073
2008
2.152
2009
2.145
2010
2.181
2011
2.218
2012
2.257
Base CPI (1/2011)
2.204
EIA Short-Term Energy Outlook, January 2011
Forecast / estimated values shown in blue
Real Price (Jan 2011 $)
See Notes and Sources for more information

2.20
2.30
2.40
2.50
3.10
3.50
3.70
4.09
4.30
4.64
5.36
6.20
6.84
7.19
7.56
7.79
7.41
7.41
7.49
7.64
7.85
8.05
8.23
8.34
8.40
8.40
8.36
8.43
8.26
8.16
8.24
8.58
8.45
8.72
8.95
9.45
10.40
10.65
11.26
11.51
11.57
11.64
11.76

12.50
12.52
12.66
12.41
13.86
14.33
14.33
14.86
14.54
14.08
14.33
15.03
15.62
15.91
16.03
15.96
14.88
14.38
13.96
13.59
13.24
13.04
12.94
12.72
12.50
12.16
11.75
11.58
11.17
10.80
10.54
10.69
10.35
10.45
10.44
10.66
11.38
11.32
11.53
11.82 Forecast
11.70
Values
11.57
1
11.48
1

ty Price

1994
1998
2002
2006
2010
2
1996
2000
2004
2008
2012

EIA Short-Term Energy Outlook, January 2011

Quarterly Average Residential Electricity Price
Return to Contents

Quarterly Residential Electricity Price

18
16
14
12
10
8
6
4
2
0

1977Q2 1979Q4 1982Q2 1984Q4 1987Q2 1989Q4 1992Q2 1994Q4 1997Q2 1999Q4 2002Q2 2004Q4
1976Q1 1978Q3 1981Q1 1983Q3 1986Q1 1988Q3 1991Q1 1993Q3 1996Q1 1998Q3 2001Q1 2003Q3 2006

Quarter
1976Q1
1976Q2
1976Q3
1976Q4
1977Q1
1977Q2
1977Q3
1977Q4
1978Q1
1978Q2

Consumer Price
Index (1982-84=1)
0.559
0.564
0.573
0.581
0.592
0.602
0.611
0.620
0.630
0.645

Residential Electricity Price (/kwh)

Nominal
Real

3.80
3.75
3.75
4.17
4.30
4.16
3.96
4.43

14.61
14.23
13.96
15.25
15.52
14.79
13.86
15.16

1978Q3
1978Q4
1979Q1
1979Q2
1979Q3
1979Q4
1980Q1
1980Q2
1980Q3
1980Q4
1981Q1
1981Q2
1981Q3
1981Q4
1982Q1
1982Q2
1982Q3
1982Q4
1983Q1
1983Q2
1983Q3
1983Q4
1984Q1
1984Q2
1984Q3
1984Q4
1985Q1
1985Q2
1985Q3
1985Q4
1986Q1
1986Q2
1986Q3
1986Q4
1987Q1
1987Q2
1987Q3
1987Q4
1988Q1
1988Q2
1988Q3
1988Q4
1989Q1
1989Q2
1989Q3
1989Q4
1990Q1
1990Q2
1990Q3
1990Q4

0.660
0.675
0.692
0.714
0.737
0.760
0.790
0.817
0.832
0.856
0.879
0.898
0.923
0.938
0.946
0.960
0.976
0.979
0.980
0.991
1.001
1.011
1.025
1.035
1.044
1.053
1.063
1.072
1.079
1.090
1.096
1.090
1.097
1.105
1.118
1.131
1.143
1.153
1.162
1.176
1.190
1.203
1.217
1.236
1.246
1.259
1.280
1.293
1.315
1.338

4.50
4.36
4.16
4.70
4.93
4.83
4.76
5.37
5.70
5.60
5.55
6.27
6.60
6.43
6.38
6.90
7.20
6.92
6.76
7.16
7.53
7.25
6.98
7.61
8.07
7.61
7.32
7.97
8.20
7.71
7.08
7.55
7.72
7.27
7.00
7.52
7.74
7.35
7.01
7.58
7.89
7.47
7.20
7.76
8.08
7.53
7.39
7.94
8.21
7.82

15.04
14.24
13.25
14.51
14.75
13.99
13.29
14.48
15.10
14.42
13.91
15.41
15.77
15.11
14.88
15.85
16.26
15.58
15.21
15.93
16.59
15.81
15.01
16.20
17.03
15.94
15.19
16.39
16.75
15.59
14.25
15.26
15.51
14.51
13.80
14.67
14.94
14.05
13.29
14.22
14.62
13.68
13.04
13.84
14.29
13.18
12.73
13.54
13.76
12.89

1991Q1
1991Q2
1991Q3
1991Q4
1992Q1
1992Q2
1992Q3
1992Q4
1993Q1
1993Q2
1993Q3
1993Q4
1994Q1
1994Q2
1994Q3
1994Q4
1995Q1
1995Q2
1995Q3
1995Q4
1996Q1
1996Q2
1996Q3
1996Q4
1997Q1
1997Q2
1997Q3
1997Q4
1998Q1
1998Q2
1998Q3
1998Q4
1999Q1
1999Q2
1999Q3
1999Q4
2000Q1
2000Q2
2000Q3
2000Q4
2001Q1
2001Q2
2001Q3
2001Q4
2002Q1
2002Q2
2002Q3
2002Q4
2003Q1
2003Q2

1.348
1.356
1.366
1.377
1.387
1.397
1.408
1.420
1.431
1.441
1.448
1.460
1.467
1.475
1.489
1.498
1.509
1.521
1.529
1.537
1.551
1.564
1.573
1.587
1.596
1.600
1.608
1.617
1.620
1.625
1.634
1.641
1.647
1.660
1.672
1.684
1.701
1.714
1.730
1.742
1.759
1.771
1.776
1.775
1.781
1.795
1.804
1.815
1.834
1.831

7.59
8.17
8.41
8.02
7.83
8.37
8.60
8.14
7.79
8.49
8.76
8.28
7.89
8.57
8.85
8.31
7.99
8.56
8.72
8.29
7.87
8.49
8.79
8.28
8.01
8.66
8.76
8.28
7.95
8.43
8.53
8.07
7.78
8.28
8.43
8.12
7.80
8.37
8.59
8.12
8.00
8.80
8.99
8.53
8.14
8.59
8.72
8.28
8.11
9.03

12.42
13.29
13.57
12.84
12.45
13.20
13.46
12.64
12.00
12.99
13.34
12.50
11.86
12.80
13.10
12.23
11.67
12.41
12.58
11.89
11.19
11.96
12.32
11.50
11.07
11.93
12.01
11.29
10.81
11.43
11.51
10.83
10.41
10.99
11.11
10.63
10.11
10.76
10.94
10.28
10.02
10.96
11.16
10.59
10.07
10.55
10.65
10.05
9.75
10.88

2003Q3
1.844
9.13
10.91
2003Q4
1.851
8.60
10.24
2004Q1
1.867
8.38
9.89
2004Q2
1.882
9.11
10.68
2004Q3
1.894
9.42
10.96
2004Q4
1.914
8.84
10.18
2005Q1
1.924
8.70
9.97
2005Q2
1.937
9.55
10.87
2005Q3
1.966
9.88
11.07
2005Q4
1.984
9.57
10.63
2006Q1
1.994
9.73
10.76
2006Q2
2.013
10.62
11.63
2006Q3
2.032
10.95
11.88
2006Q4
2.023
10.18
11.09
2007Q1
2.043
10.06
10.86
2007Q2
2.067
10.85
11.57
2007Q3
2.079
11.04
11.70
2007Q4
2.104
10.60
11.11
2008Q1
2.128
10.26
10.63
2008Q2
2.156
11.39
11.65
2008Q3
2.189
12.01
12.09
2008Q4
2.137
11.34
11.69
2009Q1
2.125
11.12
11.53
2009Q2
2.135
11.70
12.08
2009Q3
2.154
11.92
12.20 Forecast
2009Q4
2.168
11.25
11.44
Values
2010Q1
2.176
10.88
11.02
0
2010Q2
2.172
11.90
12.08
0
2010Q3
2.180
12.02
12.15
0
2010Q4
2.195
11.49
11.54
1
2011Q1
2.207
10.97
10.96
1
2011Q2
2.211
11.87
11.83
1
2011Q3
2.221
12.15
12.06
1
2011Q4
2.232
11.52
11.37
1
2012Q1
2.242
11.08
10.89
1
2012Q2
2.250
11.99
11.74
1
2012Q3
2.263
12.28
11.96
1
2012Q4
2.274
11.65
11.29
1
Base CPI (1/2011)
2.204
EIA Short-Term Energy Outlook, January 2011
Forecast / estimated values shown in blue
Values shown for recent months are estimates if official historical data has not yet been released
Real Price (Jan 2011 $)
See Notes and Sources for more information

city Price

999Q4 2002Q2 2004Q4 2007Q2 2009Q4 2012Q2

Q3 2001Q1 2003Q3 2006Q1 2008Q3 2011Q1

EIA Short-Term Energy Outlook, January 2011

Monthly Average Residential Electricity Price
Return to Contents

Monthly Residential Electricity Price

18
16
14
12
10
8
6
4
2
0

April 1978 October 1982 April 1987 October 1991 April 1996 October 2000 April 200
January 1976 July 1980 January 1985 July 1989 January 1994 July 1998 January 2003 Ju

Month
January 1976
February 1976
March 1976
April 1976
May 1976
June 1976
July 1976
August 1976
September 1976
October 1976

Consumer Price
Index (1982-84=1)
0.557
0.559
0.561
0.562
0.564
0.566
0.570
0.573
0.576
0.578

Residential Electricity Price (/kwh)

Nominal
Real

3.90
3.70
3.80
3.90

15.08
14.23
14.55
14.87

November 1976
December 1976
January 1977
February 1977
March 1977
April 1977
May 1977
June 1977
July 1977
August 1977
September 1977
October 1977
November 1977
December 1977
January 1978
February 1978
March 1978
April 1978
May 1978
June 1978
July 1978
August 1978
September 1978
October 1978
November 1978
December 1978
January 1979
February 1979
March 1979
April 1979
May 1979
June 1979
July 1979
August 1979
September 1979
October 1979
November 1979
December 1979
January 1980
February 1980
March 1980
April 1980
May 1980
June 1980
July 1980
August 1980
September 1980
October 1980
November 1980
December 1980

0.581
0.585
0.588
0.592
0.595
0.599
0.602
0.605
0.608
0.611
0.614
0.616
0.620
0.623
0.626
0.630
0.635
0.640
0.645
0.650
0.655
0.660
0.665
0.670
0.675
0.680
0.686
0.692
0.699
0.707
0.714
0.722
0.729
0.737
0.745
0.752
0.760
0.769
0.781
0.790
0.800
0.810
0.817
0.824
0.826
0.832
0.839
0.848
0.856
0.864

3.80
3.60
3.60
3.70
4.00
4.10
4.20
4.20
4.20
4.40
4.30
4.30
4.20
4.00
3.90
3.90
4.10
4.30
4.50
4.50
4.50
4.50
4.50
4.50
4.40
4.20
4.10
4.10
4.30
4.50
4.70
4.90
4.90
4.90
5.00
5.00
4.80
4.70
4.70
4.70
4.90
5.10
5.40
5.60
5.70
5.70
5.70
5.70
5.60
5.50

14.41
13.58
13.48
13.78
14.81
15.08
15.37
15.29
15.23
15.88
15.45
15.38
14.94
14.15
13.73
13.64
14.24
14.81
15.39
15.27
15.15
15.04
14.92
14.81
14.37
13.61
13.18
13.06
13.57
14.04
14.51
14.97
14.81
14.66
14.80
14.66
13.92
13.47
13.27
13.11
13.51
13.88
14.56
14.98
15.21
15.10
14.98
14.82
14.43
14.04

January 1981
February 1981
March 1981
April 1981
May 1981
June 1981
July 1981
August 1981
September 1981
October 1981
November 1981
December 1981
January 1982
February 1982
March 1982
April 1982
May 1982
June 1982
July 1982
August 1982
September 1982
October 1982
November 1982
December 1982
January 1983
February 1983
March 1983
April 1983
May 1983
June 1983
July 1983
August 1983
September 1983
October 1983
November 1983
December 1983
January 1984
February 1984
March 1984
April 1984
May 1984
June 1984
July 1984
August 1984
September 1984
October 1984
November 1984
December 1984
January 1985
February 1985

0.872
0.880
0.886
0.891
0.897
0.905
0.916
0.923
0.929
0.934
0.938
0.941
0.942
0.946
0.950
0.955
0.960
0.965
0.973
0.977
0.979
0.979
0.979
0.980
0.978
0.980
0.982
0.988
0.991
0.995
0.998
1.001
1.004
1.007
1.011
1.015
1.021
1.026
1.029
1.032
1.035
1.038
1.041
1.044
1.047
1.050
1.053
1.056
1.059
1.063

5.40
5.50
5.80
6.00
6.30
6.50
6.60
6.60
6.60
6.60
6.40
6.30
6.20
6.40
6.60
6.70
6.90
7.10
7.20
7.20
7.20
7.20
6.90
6.70
6.70
6.70
6.90
6.90
7.20
7.40
7.50
7.50
7.60
7.50
7.30
7.00
6.80
7.00
7.20
7.30
7.60
7.90
8.00
8.10
8.10
8.00
7.60
7.30
7.30
7.20

13.65
13.78
14.43
14.85
15.47
15.83
15.89
15.76
15.66
15.58
15.04
14.75
14.50
14.92
15.32
15.47
15.85
16.22
16.31
16.25
16.21
16.22
15.53
15.07
15.10
15.08
15.49
15.40
16.01
16.40
16.57
16.52
16.68
16.42
15.92
15.20
14.68
15.05
15.42
15.59
16.19
16.77
16.94
17.10
17.05
16.80
15.91
15.24
15.19
14.93

March 1985
April 1985
May 1985
June 1985
July 1985
August 1985
September 1985
October 1985
November 1985
December 1985
January 1986
February 1986
March 1986
April 1986
May 1986
June 1986
July 1986
August 1986
September 1986
October 1986
November 1986
December 1986
January 1987
February 1987
March 1987
April 1987
May 1987
June 1987
July 1987
August 1987
September 1987
October 1987
November 1987
December 1987
January 1988
February 1988
March 1988
April 1988
May 1988
June 1988
July 1988
August 1988
September 1988
October 1988
November 1988
December 1988
January 1989
February 1989
March 1989
April 1989

1.066
1.070
1.072
1.075
1.076
1.079
1.082
1.087
1.090
1.093
1.095
1.096
1.096
1.090
1.090
1.091
1.095
1.097
1.099
1.101
1.104
1.108
1.114
1.118
1.122
1.127
1.131
1.135
1.139
1.143
1.146
1.150
1.153
1.157
1.159
1.162
1.166
1.171
1.176
1.180
1.185
1.190
1.195
1.199
1.203
1.207
1.211
1.216
1.222
1.231

7.50
7.70
8.00
8.20
8.20
8.20
8.20
8.10
7.70
7.40
6.92
7.14
7.22
7.42
7.49
7.71
7.75
7.70
7.71
7.46
7.40
7.01
6.93
6.95
7.14
7.26
7.47
7.80
7.80
7.76
7.66
7.63
7.39
7.09
6.92
6.99
7.14
7.30
7.58
7.84
7.90
7.93
7.84
7.70
7.46
7.28
7.17
7.18
7.24
7.52

15.51
15.87
16.44
16.81
16.80
16.75
16.70
16.42
15.57
14.93
13.92
14.36
14.53
15.00
15.15
15.58
15.61
15.47
15.46
14.93
14.77
13.94
13.72
13.70
14.02
14.21
14.56
15.15
15.10
14.97
14.73
14.62
14.12
13.51
13.16
13.26
13.50
13.74
14.21
14.64
14.69
14.69
14.47
14.16
13.67
13.29
13.05
13.01
13.06
13.46

May 1989
June 1989
July 1989
August 1989
September 1989
October 1989
November 1989
December 1989
January 1990
February 1990
March 1990
April 1990
May 1990
June 1990
July 1990
August 1990
September 1990
October 1990
November 1990
December 1990
January 1991
February 1991
March 1991
April 1991
May 1991
June 1991
July 1991
August 1991
September 1991
October 1991
November 1991
December 1991
January 1992
February 1992
March 1992
April 1992
May 1992
June 1992
July 1992
August 1992
September 1992
October 1992
November 1992
December 1992
January 1993
February 1993
March 1993
April 1993
May 1993
June 1993

1.237
1.241
1.242
1.246
1.250
1.253
1.258
1.265
1.274
1.281
1.286
1.287
1.293
1.299
1.308
1.315
1.323
1.332
1.338
1.343
1.345
1.348
1.351
1.353
1.356
1.359
1.362
1.366
1.370
1.374
1.377
1.381
1.383
1.387
1.390
1.394
1.397
1.401
1.404
1.408
1.412
1.417
1.420
1.424
1.427
1.431
1.434
1.438
1.441
1.444

7.72
8.02
8.10
8.11
8.02
7.87
7.52
7.27
7.18
7.49
7.58
7.70
7.98
8.12
8.20
8.26
8.18
8.06
7.82
7.62
7.42
7.61
7.79
7.99
8.15
8.34
8.40
8.43
8.39
8.33
7.96
7.81
7.71
7.79
8.02
8.05
8.41
8.64
8.57
8.60
8.62
8.47
8.16
7.87
7.75
7.81
7.81
8.14
8.57
8.75

13.76
14.24
14.37
14.35
14.15
13.84
13.17
12.67
12.42
12.89
12.99
13.18
13.61
13.78
13.82
13.84
13.63
13.34
12.88
12.51
12.16
12.45
12.71
13.02
13.25
13.53
13.59
13.60
13.50
13.36
12.74
12.47
12.29
12.38
12.72
12.73
13.27
13.59
13.45
13.46
13.46
13.18
12.66
12.18
11.97
12.03
12.00
12.48
13.11
13.36

July 1993
August 1993
September 1993
October 1993
November 1993
December 1993
January 1994
February 1994
March 1994
April 1994
May 1994
June 1994
July 1994
August 1994
September 1994
October 1994
November 1994
December 1994
January 1995
February 1995
March 1995
April 1995
May 1995
June 1995
July 1995
August 1995
September 1995
October 1995
November 1995
December 1995
January 1996
February 1996
March 1996
April 1996
May 1996
June 1996
July 1996
August 1996
September 1996
October 1996
November 1996
December 1996
January 1997
February 1997
March 1997
April 1997
May 1997
June 1997
July 1997
August 1997

1.445
1.447
1.451
1.456
1.460
1.463
1.464
1.467
1.470
1.472
1.475
1.479
1.485
1.489
1.493
1.494
1.498
1.501
1.505
1.509
1.513
1.518
1.521
1.524
1.526
1.529
1.531
1.533
1.537
1.541
1.546
1.551
1.555
1.560
1.564
1.568
1.569
1.573
1.577
1.583
1.587
1.590
1.594
1.597
1.598
1.598
1.600
1.602
1.605
1.608

8.74
8.74
8.80
8.77
8.22
7.92
7.76
7.86
8.10
8.32
8.55
8.79
8.82
8.87
8.85
8.58
8.31
8.08
7.85
8.01
8.14
8.41
8.53
8.72
8.80
8.78
8.57
8.65
8.26
8.02
7.75
7.81
8.09
8.24
8.54
8.65
8.73
8.86
8.79
8.67
8.25
7.99
7.87
7.98
8.24
8.38
8.65
8.91
8.74
8.80

13.34
13.31
13.37
13.27
12.41
11.93
11.68
11.81
12.15
12.46
12.78
13.10
13.09
13.13
13.07
12.66
12.23
11.87
11.50
11.70
11.86
12.22
12.36
12.61
12.71
12.66
12.34
12.43
11.85
11.47
11.05
11.10
11.47
11.64
12.03
12.16
12.26
12.42
12.29
12.07
11.46
11.07
10.88
11.02
11.36
11.56
11.92
12.26
12.00
12.06

September 1997
October 1997
November 1997
December 1997
January 1998
February 1998
March 1998
April 1998
May 1998
June 1998
July 1998
August 1998
September 1998
October 1998
November 1998
December 1998
January 1999
February 1999
March 1999
April 1999
May 1999
June 1999
July 1999
August 1999
September 1999
October 1999
November 1999
December 1999
January 2000
February 2000
March 2000
April 2000
May 2000
June 2000
July 2000
August 2000
September 2000
October 2000
November 2000
December 2000
January 2001
February 2001
March 2001
April 2001
May 2001
June 2001
July 2001
August 2001
September 2001
October 2001

1.611
1.615
1.617
1.619
1.619
1.620
1.621
1.623
1.625
1.628
1.631
1.634
1.636
1.639
1.641
1.644
1.644
1.647
1.651
1.656
1.660
1.664
1.668
1.672
1.676
1.680
1.684
1.689
1.696
1.701
1.706
1.710
1.714
1.719
1.725
1.730
1.735
1.738
1.742
1.747
1.754
1.759
1.764
1.768
1.772
1.774
1.776
1.777
1.777
1.774

8.75
8.59
8.25
8.03
7.87
7.97
8.01
8.23
8.49
8.53
8.58
8.57
8.43
8.25
8.04
7.92
7.58
7.92
7.90
8.09
8.27
8.43
8.49
8.42
8.36
8.37
8.09
7.94
7.66
7.71
8.09
8.15
8.34
8.56
8.61
8.63
8.51
8.49
8.15
7.82
7.73
8.04
8.32
8.46
8.83
9.07
9.03
9.01
8.92
8.84

11.97
11.73
11.25
10.94
10.72
10.84
10.89
11.18
11.51
11.55
11.60
11.56
11.36
11.10
10.80
10.62
10.16
10.60
10.55
10.77
10.98
11.17
11.22
11.10
10.99
10.98
10.59
10.36
9.96
9.99
10.45
10.51
10.72
10.98
11.00
11.00
10.81
10.77
10.31
9.87
9.71
10.07
10.40
10.55
10.99
11.27
11.21
11.18
11.07
10.98

November 2001
December 2001
January 2002
February 2002
March 2002
April 2002
May 2002
June 2002
July 2002
August 2002
September 2002
October 2002
November 2002
December 2002
January 2003
February 2003
March 2003
April 2003
May 2003
June 2003
July 2003
August 2003
September 2003
October 2003
November 2003
December 2003
January 2004
February 2004
March 2004
April 2004
May 2004
June 2004
July 2004
August 2004
September 2004
October 2004
November 2004
December 2004
January 2005
February 2005
March 2005
April 2005
May 2005
June 2005
July 2005
August 2005
September 2005
October 2005
November 2005
December 2005

1.775
1.776
1.778
1.780
1.784
1.791
1.795
1.799
1.801
1.804
1.808
1.810
1.815
1.820
1.831
1.834
1.836
1.829
1.830
1.833
1.841
1.845
1.848
1.848
1.851
1.855
1.862
1.867
1.872
1.877
1.882
1.886
1.888
1.893
1.899
1.909
1.914
1.919
1.920
1.924
1.928
1.930
1.936
1.944
1.958
1.966
1.974
1.979
1.985
1.989

8.48
8.29
8.07
8.19
8.17
8.37
8.64
8.73
8.82
8.72
8.59
8.47
8.31
8.08
8.00
8.02
8.35
8.82
8.99
9.25
9.21
9.22
8.92
8.85
8.72
8.30
8.24
8.33
8.62
8.93
9.07
9.29
9.36
9.50
9.39
9.05
8.96
8.58
8.52
8.76
8.87
9.22
9.56
9.79
9.77
9.93
9.94
9.76
9.76
9.27

10.53
10.29
10.01
10.14
10.09
10.30
10.61
10.70
10.80
10.65
10.47
10.31
10.09
9.79
9.63
9.64
10.03
10.63
10.83
11.13
11.03
11.02
10.64
10.56
10.38
9.86
9.76
9.83
10.15
10.49
10.62
10.86
10.93
11.06
10.90
10.45
10.32
9.86
9.78
10.04
10.14
10.53
10.88
11.10
11.00
11.13
11.10
10.87
10.84
10.27

January 2006
February 2006
March 2006
April 2006
May 2006
June 2006
July 2006
August 2006
September 2006
October 2006
November 2006
December 2006
January 2007
February 2007
March 2007
April 2007
May 2007
June 2007
July 2007
August 2007
September 2007
October 2007
November 2007
December 2007
January 2008
February 2008
March 2008
April 2008
May 2008
June 2008
July 2008
August 2008
September 2008
October 2008
November 2008
December 2008
January 2009
February 2009
March 2009
April 2009
May 2009
June 2009
July 2009
August 2009
September 2009
October 2009
November 2009
December 2009
January 2010
February 2010

1.990
1.994
1.999
2.007
2.013
2.019
2.029
2.033
2.033
2.022
2.022
2.025
2.036
2.043
2.050
2.060
2.067
2.073
2.073
2.079
2.086
2.096
2.104
2.112
2.120
2.128
2.137
2.146
2.155
2.166
2.191
2.192
2.184
2.148
2.135
2.127
2.126
2.124
2.125
2.130
2.134
2.140
2.149
2.154
2.160
2.164
2.168
2.172
2.175
2.177

9.55
9.80
9.87
10.32
10.61
10.85
10.96
10.94
10.94
10.58
10.18
9.84
10.06
9.89
10.27
10.63
10.77
11.09
11.07
11.07
10.96
10.82
10.70
10.33
10.15
10.19
10.47
10.92
11.39
11.75
12.05
12.06
11.90
11.81
11.43
10.90
10.95
11.15
11.30
11.51
11.77
11.80
11.85
11.96
11.95
11.66
11.30
10.89
10.56
10.95

10.58
10.83
10.88
11.34
11.62
11.84
11.90
11.86
11.86
11.54
11.10
10.71
10.89
10.67
11.04
11.37
11.48
11.79
11.77
11.74
11.58
11.38
11.21
10.78
10.55
10.55
10.80
11.22
11.65
11.96
12.13
12.13
12.01
12.12
11.80
11.30
11.35
11.57
11.72
11.91
12.16
12.16
12.16
12.24
12.20
11.88
11.49 Forecast
11.05
Values
10.70
0
11.09
0

March 2010
2.177
11.21
11.35
April 2010
2.172
11.76
11.93
May 2010
2.172
11.97
12.15
June 2010
2.173
11.95
12.12
July 2010
2.177
12.03
12.18
August 2010
2.180
12.04
12.17
September 2010
2.184
11.97
12.08
October 2010
2.190
11.93
12.01
November 2010
2.195
11.58
11.64
December 2010
2.199
11.07
11.10
January 2011
2.204
10.82
10.82
February 2011
2.207
10.96
10.94
March 2011
2.210
11.19
11.16
April 2011
2.209
11.61
11.58
May 2011
2.211
11.86
11.83
June 2011
2.213
12.07
12.02
July 2011
2.217
12.17
12.09
August 2011
2.221
12.18
12.09
September 2011
2.225
12.09
11.98
October 2011
2.229
11.91
11.78
November 2011
2.232
11.60
11.45
December 2011
2.236
11.14
10.98
January 2012
2.239
10.92
10.74
February 2012
2.242
11.06
10.87
March 2012
2.245
11.30
11.09
April 2012
2.247
11.72
11.50
May 2012
2.250
11.98
11.73
June 2012
2.254
12.19
11.92
July 2012
2.259
12.29
12.00
August 2012
2.263
12.31
11.99
September 2012
2.267
12.22
11.89
October 2012
2.271
12.04
11.69
November 2012
2.274
11.73
11.37
December 2012
2.278
11.26
10.90
Base CPI (1/2011)
2.204
EIA Short-Term Energy Outlook, January 2011
Forecast / estimated values shown in blue
Values shown for recent months are estimates if official historical data has not yet been released
Real Price (Jan 2011 $)
See Notes and Sources for more information

0
0
0
0
0
0
0
0
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1

ity Price

ctober 2000 April 2005 October 2009

98 January 2003 July 2007 January 2012

Short-Term Energy Outlook, January 2011

Return to Contents
NOTES

- Real price in period A = Nominal price in period A x (Consumer price index in January 2011 / Consumer price index in period
- Quarterly values calculated as weighted average of monthly data using the following weights:
- Imported Crude Oil Price: U.S. crude oil net imports
- Motor Gasoline Price: U.S. motor gasoline consumption
- On-Highway Diesel Fuel Price: U.S. distillate fuel oil supplied for on-highway use
- Heating Oil Retail Price: U.S. distillate fuel oil supplied to residential sector
- Residential Natural Gas Price: U.S. natural gas consumption by residential sector
- Residential Retail Electricity Price: U.S. retail sales of electricity to residential sector

DATA SOURCES
Historical data

Consumer Price Index (all urban consumers):

U.S. Bureau of Labor Statistics (BLS) <http://www.bls.gov/cpi/>
Imported Crude Oil Price (refiner average imported crude oil acquisition cost)
EIA Petroleum Marketing Monthly <http://www.eia.gov/oil_gas/petroleum/data_publications/petroleum_marketing_monthl
Motor Gasoline Regular Grade Retail Price (including taxes)
1919 - 1975: Platt's Oil Price Handbook and Oilmanac, average U.S. service station price
1976 - 1990: EIA Monthly Energy Review <http://www.eia.doe.gov/emeu/mer/prices.html>, unleaded gasoline
1991 - Present: EIA Weekly Petroleum Status Report <http://www.eia.gov/oil_gas/petroleum/data_publications/weekly_pe
On-Highway Diesel Fuel Price (including taxes)
1979 - 1993: EIA estimates based on refiner end-use diesel fuel price (excluding taxes) from EIA Monthly Energy Review
1994 - Present: EIA Weekly Petroleum Status Report <http://www.eia.gov/oil_gas/petroleum/data_publications/weekly_pe
Heating Oil Price (No. 2 distillate oil, excluding taxes)
1975 - 1982: EIA Historical Monthly Energy Review, retail refiner price <http://www.eia.gov/FTPROOT/multifuel/00357392
1983 - Present: EIA Petroleum Marketing Monthly, distillate sold to residential end-users <http://www.eia.gov/oil_gas/pet
Residential Natural Gas Price (including taxes)
1967 - 1980: EIA Annual Energy Review <http://www.eia.doe.gov/emeu/aer/natgas.html>
1981 - Present: EIA Natural Gas Monthly <http://www.eia.gov/oil_gas/natural_gas/data_publications/natural_gas_monthly
Residential Retail Electricity Price (including taxes)
1960 - 1975: EIA Annual Energy Review <http://www.eia.doe.gov/emeu/aer/elect.html>
1976 - Present: EIA Monthly Energy Review <http://www.eia.doe.gov/emeu/mer/prices.html>

Forecast data
All Prices:
EIA Short-Term Energy Outlook model <http://www.eia.doe.gov/emeu/steo/pub/contents.html>
Consumer Price Index
IHS Global Insight macroeconomic model <http://www.ihsglobalinsight.com/>

1 / Consumer price index in period A).

ions/petroleum_marketing_monthly/pmm.html>

ml>, unleaded gasoline

oleum/data_publications/weekly_petroleum_status_report/wpsr.html>, unleaded gasoline

) from EIA Monthly Energy Review <http://www.eia.doe.gov/emeu/mer/prices.html>

oleum/data_publications/weekly_petroleum_status_report/wpsr.html>

.gov/FTPROOT/multifuel/00357392.pdf>
rs <http://www.eia.gov/oil_gas/petroleum/data_publications/petroleum_marketing_monthly/pmm.html>

ml>
_publications/natural_gas_monthly/ngm.html>

>
.html>