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The EIA expects the 2018 peak for annual average World C+C output will be surpassed in 2025.
Working natural gas in storage is forecast to be significantly above the 5-year average in 2024 and 2025, which may lead to relatively low natural gas prices in the US.
The EIA expects Inflation to reach the 2% target in late 2024.
A guest post by D Coyne
The EIA STEO was published recently. The estimate below is based on data from that report and statistics from the EIA International Energy Statistics . The EIA expects the 2018 peak for annual average World C+C output will be surpassed in 2025....