The U.S. Energy Information Administration (EIA) released the early release version of its 2013 Annual Energy Outlook (AEO2013), which includes projections for U.S. energy markets through 2040 under reference case assumptions. Projections under the reference case include only current laws and policies. The full AEO, which includes side cases, will be available in spring 2013.
The AEO2013 projects strong growth in natural gas production, led by continued development of shale resources. Despite growth in natural gas consumption, AEO2013 projects that the United States will become a net exporter of natural gas by the year 2020—two years earlier and with greater volumes of U.S. natural gas exports than was projected in the Annual Energy Outlook 2012.