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Energy Resources

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Today in Energy

  • In 2019, oil and lease condensate proved reserves were flat; natural gas reserves declined

  • EIA expects crude oil prices to average near $50 per barrel through 2022

  • EIA forecasts less power generation from natural gas as a result of rising fuel costs

  • Fossil fuel production expected to increase through 2022 but remain below 2019 peak

  • U.S. oil and natural gas production to fall in 2021, then rise in 2022

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Energy Management Resources • 7501 N.W. Tiffany Springs Pkwy, Suite 500, Kansas City, Mo 64153 • Phone: 816-883-1000 • Email