| US Department of Energy/ Energy Information Agency | |||||||||||
| March 2009 Forecast | 2011 Annual Outlook | ||||||||||
| Oil | Annual | Oil | Annual | ||||||||
| Price* | Percent | Price* | Percent | Difference | |||||||
| Year | ($/bbl) | Increase | ($/bbl) | Increase | $/bbl | ||||||
| 2010 | 84.42 | 78.03 | (6.39) | ||||||||
| 2011 | 94.13 | 11.50% | 83.21 | 6.64% | (10.92) | ||||||
| 2012 | 105.35 | 11.92% | 85.73 | 3.03% | (19.62) | ||||||
| 2013 | 112.93 | 7.20% | 88.03 | 2.68% | (24.90) | ||||||
| 2014 | 121.15 | 7.28% | 91.38 | 3.81% | (29.77) | ||||||
| 2015 | 127.84 | 5.52% | 94.58 | 3.50% | (33.26) | ||||||
| 2016 | 132.24 | 3.44% | 97.62 | 3.21% | (34.62) | ||||||
| 2017 | 136.43 | 3.17% | 100.50 | 2.95% | (35.93) | ||||||
| 2018 | 140.65 | 3.09% | 103.15 | 2.64% | (37.50) | ||||||
| 2019 | 145.37 | 3.36% | 105.71 | 2.48% | (39.66) | ||||||
| 2020 | 149.14 | 2.59% | 108.10 | 2.26% | (41.04) | ||||||
| 2021 | 154.21 | 3.40% | 110.30 | 2.04% | (43.91) | ||||||
| * Low Sulfur crude, import price | |||||||||||