The Center on Global Energy Policy hosted a discussion with Adam Sieminski, Administrator, U.S. Energy Information Administration (EIA), on the EIA's latest assessment of long-term global petroleum and other liquid fuels markets in the International Energy Outlook 2014 (IEO2014). World markets for petroleum and other liquid fuels have entered a period of dynamic change—in both supply and demand. The changes in the overall market environment have led EIA to reassess its outlook for long-term global liquid fuels markets. The IEO2014 report includes projections of regional liquid fuels consumption and production that extend to 2040. In addition to a business-as-usual Reference case, EIA includes alternative High and Low Oil price cases to examine a range of potential interactions of supply, demand, and prices in world liquids markets. Center Director Jason Bordoff  moderated the discussion following the presentation.

Download the EIA International Energy Outlook 2014 (PDF)

Download Adam Sieminski's presentation (PDF)