EIA’s Annual Energy Outlook (AEO) Early Release report was published on December 5, 2012, as a teaser to its full report to be published in the spring of 2013.  Nonetheless, the energy trends brought forth in the report were illuminating and thought-provoking.

A few key highlights from the report:

Domestic U.S. oil production is expected to peak at an average of 7.5 MMBOPD in 2019 and remain above 6.0 MMBOPD through 2040;
Domestic U.S. dry natural gas production during 2011 totaled 23.1 Tcf, and is expected to grow to 33.2 Tcf by 2040;
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