Commodity Market Report
North America Crude Market Strategic Planning Outlook 2024
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
In our updated strategic planning outlook to 2050, we balance moderate upward revisions to both US supply and domestic crude runs. We continue to view one final wave of midstream investments as necessary to accommodate growth in key North American production regions and US Gulf Coast export volumes. We expect multiple pipeline and waterborne loading investments to enter service through the middle of the decade, alleviating egress constraints (at least temporarily) in the Permian, Gulf Coast, and Western Canada.
Table of contents
- The Strategic Planning Outlook presents our updated forecasts to the Investment Horizon Outlook of October 2023.
- Prices
- US Balance
- US Lower 48 Production
- Midstream Outlook
Tables and charts
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What's included
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