ref2014.

d102413a

2011

2012

Report
Annual Energy Outlook 2014
Scenario
ref2014
Datekey
d102413a
Release Date

3. Energy Prices by Sector and Source

2011

2012

Propane

25.28

24.12

Distillate Fuel Oil

26.93

27.30

Natural Gas

10.98

10.46

Electricity

34.95

34.83

Propane

22.20

20.75

Distillate Fuel Oil

26.43

26.81

Residual Fuel

19.41

22.84

Residential

Commercial

Natural Gas

8.96

8.11

30.53

29.55

Propane

22.63

21.09

Distillate Fuel Oil

27.04

27.41

Residual Fuel Oil

19.17

20.90

Natural Gas 2/

5.09

3.77

Metallurgical Coal

7.13

7.25

Other Industrial Coal

3.31

3.24

--

--

20.35

19.50

Propane

26.29

25.14

E85 3/

44.13

35.06

Motor Gasoline 4/

30.32

30.68

Jet Fuel 5/

23.02

22.99

Diesel Fuel (distillate fuel oil) 6/

28.37

28.80

Residual Fuel Oil

18.05

20.07

Electricity
Industrial 1/

Coal to Liquids
Electricity
Transportation

Natural Gas 7/

15.90

14.64

Electricity

34.00

31.43

Distillate Fuel Oil

23.79

24.12

Residual Fuel Oil

Electric Power 8/
15.94

20.68

Natural Gas

4.88

3.44

Steam Coal

2.42

2.39

Propane

24.39

23.24

E85 3/

44.13

35.06

Motor Gasoline 4/

30.18

30.44

Jet Fuel 5/

23.02

22.99

Distillate Fuel Oil

27.95

28.36

Residual Fuel Oil

17.80

20.41

Natural Gas

6.83

5.38

Metallurgical Coal

7.13

7.25

Other Coal

2.48

2.44

--

--

29.52

28.85

Residential

249.85

234.06

Commercial

183.94

173.25

Industrial 1/

232.59

213.75

Transportation

757.76

755.09

1424.14

1376.15

0.12

0.50

1424.26

1376.66

Propane

24.83

24.12

Distillate Fuel Oil

26.46

27.30

Natural Gas

10.79

10.46

Electricity

34.34

34.83

Propane

21.81

20.75

Distillate Fuel Oil

25.97

26.81

Residual Fuel

19.07

22.84

Average Price to All Users 9/

Coal to Liquids
Electricity
Non-Renewable Energy Expenditures by Sector
(billion 2012 dollars)

Total Non-Renewable Expenditures

Prices in Nominal Dollars

Commercial

Natural Gas

8.80

8.11

30.00

29.55

Propane

22.24

21.09

Distillate Fuel Oil

26.56

27.41

Residual Fuel Oil

18.84

20.90

Natural Gas 2/

5.00

3.77

Metallurgical Coal

7.01

7.25

Other Industrial Coal

3.25

3.24

--

--

19.99

19.50

Propane

25.83

25.14

E85 3/

43.36

35.06

Motor Gasoline 4/

29.79

30.68

Jet Fuel 5/

22.61

22.99

Diesel Fuel (distillate fuel oil) 6/

27.87

28.80

Residual Fuel Oil

17.73

20.07

Natural Gas 7/

15.62

14.64

Electricity

33.40

31.43

Distillate Fuel Oil

23.37

24.12

Residual Fuel Oil

15.67

20.68

Natural Gas

4.80

3.44

Steam Coal

2.38

2.39

Propane

23.96

23.24

E85 3/

43.36

35.06

Motor Gasoline 4/

29.66

30.44

Jet Fuel 5/

22.61

22.99

Distillate Fuel Oil

27.46

28.36

Residual Fuel Oil

17.49

20.41

Natural Gas

6.71

5.38

Metallurgical Coal

7.01

7.25

Other Coal

2.43

2.44

--

--

29.01

28.85

Electricity
Industrial 1/

Coal to Liquids
Electricity

Transportation

Electric Power 8/

Average Price to All Users 9/

Coal to Liquids
Electricity
Non-Renewable Energy Expenditures by Sector
(billion nominal dollars)

Residential

245.47

234.06

Commercial

180.72

173.25

Industrial 1/

228.52

213.75

Transportation

744.51

755.09

1399.23

1376.15

Total Non-Renewable Expenditures

0.12

0.50

1399.35

1376.66

1/ Includes energy for combined heat and power plants that have a non-regulatory status, and small on-site generating sys
2/ Excludes use for lease and plant fuel.

3/ E85 refers to a blend of 85 percent ethanol (renewable) and 15 percent motor gasoline (nonrenewable). To address cold
the percentage of ethanol varies seasonally. The annual average ethanol content of 74 percent is used for this forecast.
4/ Sales weighted-average price for all grades. Includes Federal, State, and local taxes.
5/ Kerosene-type jet fuel. Includes Federal and State taxes while excluding county and local taxes.
6/ Diesel fuel for on-road use. Includes Federal and State taxes while excluding county and local taxes.

7/ Natural gas used as fuel in motor vehicles, trains, and ships. Includes estimated motor vehicle fuel taxes and estimated
8/ Includes electricity-only and combined heat and power plants that have a regulatory status.

9/ Weighted averages of end-use fuel prices are derived from the prices shown in each sector and the corresponding secto
Btu = British thermal unit.
- - = Not applicable.
Note: Data for 2011 and 2012 are model results and may differ from official EIA data reports.
Sources: 2011 and 2012 prices for motor gasoline, distillate fuel oil, and jet fuel are based on prices

in the U.S. Energy Information Administration (EIA), Petroleum Marketing Monthly, DOE/EIA-0380(2013/08) (Washington, DC,
2011 residential, commercial, and industrial natural gas delivered prices: EIA,

Natural Gas Annual 2011, DOE/EIA-0131(2011) (Washington, DC, January 2013). 2012 residential, commercial, and industria
delivered prices: EIA, Natural Gas Monthly, DOE/EIA-0130(2013/06) (Washington, DC, June 2013).
2011 transportation sector natural gas delivered prices are based on: EIA, Natural Gas Annual

2011, DOE/EIA-0131(2011) (Washington, DC, January 2013) and estimated State taxes, Federal taxes, and dispensing costs o
2012 transportation sector natural gas delivered prices are model results.
2011 and 2012 electric power sector distillate and residual fuel oil prices:
EIA, Monthly Energy Review, DOE/EIA-0035(2013/09)(Washington, DC, September 2013). 2011 and
2012 electric power sector natural gas prices: EIA, Electric Power Monthly,
April 2012 and April 2013, Table 4.2, and EIA, State Energy Data System
2011, DOE/EIA-0214(2011) (Washington, DC, June 2013).
2011 and 2012 coal prices based on: EIA, Quarterly Coal Report,

October-December 2012, DOE/EIA-0121(2012/4Q) (Washington, DC, March 2013) and EIA, AEO2014 National Energy Modelin
2011 and 2012 electricity prices: EIA, Monthly Energy Review,
DOE/EIA-0035(2013/09) (Washington, DC, September 2013).
2011 and 2012 E85 prices derived from monthly prices in the Clean Cities
Alternative Fuel Price Report. Projections: EIA, AEO2014 National Energy Modeling System run ref2014.d102413a.

2013

2014

2015

2016

2017

2018

2019

nnual Energy Outlook 2014

2013

2014

2015

2016

2017

2018

2019

23.39

22.92

22.41

22.44

22.97

23.38

23.62

27.03

25.52

24.46

23.78

23.52

23.72

24.21

10.39

11.20

11.00

10.68

11.01

11.46

11.63

34.02

34.41

34.94

35.16

35.52

35.91

36.18

19.84

19.27

18.65

18.68

19.33

19.82

20.12

26.54

25.03

21.22

20.70

20.58

20.81

21.32

22.14

21.37

14.32

13.85

13.62

13.73

14.02

8.31

9.09

8.92

8.72

9.01

9.41

9.55

29.46

29.62

29.99

30.14

30.37

30.72

31.01

20.11

19.52

18.87

18.91

19.59

20.11

20.43

27.14

25.62

21.42

21.01

20.98

21.23

21.78

20.23

19.58

14.90

14.42

14.17

14.27

14.53

4.59

4.80

4.94

5.15

5.43

5.85

5.95

7.43

7.51

7.76

7.95

8.05

8.19

8.30

3.32

3.28

3.38

3.44

3.46

3.52

3.56

--

--

--

--

--

--

--

20.08

19.87

20.11

20.11

20.29

20.59

20.86

24.44

23.97

23.46

23.49

24.02

24.43

24.68

33.54

31.85

31.42

28.60

25.72

25.07

24.92

29.71

28.13

26.41

25.53

25.16

25.11

25.23

21.94

20.71

19.06

18.40

18.19

18.39

18.99

28.31

26.88

25.87

25.51

25.52

25.79

26.35

19.46

18.82

12.21

11.79

11.63

11.78

12.14

15.45

15.50

15.64

15.73

15.81

15.99

15.91

30.39

29.94

29.73

29.66

29.59

29.78

30.03

23.94

22.59

20.43

19.77

19.53

19.71

20.20

18.99

17.68

13.01

12.57

13.07

13.18

13.48

4.32

4.47

4.43

4.47

4.69

5.06

5.18

2.37

2.33

2.40

2.42

2.49

2.55

2.59

22.32

21.76

21.16

21.16

21.71

22.13

22.38

33.54

31.85

31.42

28.60

25.72

25.07

24.92

29.55

28.04

26.41

25.53

25.16

25.11

25.22

21.94

20.71

19.06

18.40

18.19

18.39

18.99

27.92

26.47

24.82

24.43

24.42

24.69

25.25

19.63

18.95

12.84

12.43

12.34

12.50

12.82

6.21

6.60

6.49

6.43

6.71

7.11

7.22

7.43

7.51

7.76

7.95

8.05

8.19

8.30

2.43

2.38

2.46

2.49

2.55

2.61

2.65

--

--

--

--

--

--

--

28.69

28.73

29.06

29.10

29.29

29.60

29.87

237.80

239.49

239.03

238.76

242.88

247.54

250.44

175.74

176.85

177.08

178.02

181.32

185.61

188.96

223.10

225.17

233.73

242.31

253.54

265.39

274.07

734.49

693.45

650.93

633.90

626.12

624.07

626.76

1371.13

1334.97

1300.78

1292.99

1303.87

1322.60

1340.23

0.64

0.69

0.55

1.05

2.01

2.93

3.96

1371.77

1335.66

1301.33

1294.04

1305.88

1325.53

1344.19

23.73

23.68

23.52

23.91

24.83

25.66

26.33

27.44

26.37

25.67

25.34

25.43

26.04

26.99

10.54

11.57

11.54

11.39

11.90

12.58

12.96

34.52

35.56

36.67

37.47

38.40

39.43

40.33

20.14

19.91

19.57

19.91

20.90

21.76

22.43

26.94

25.87

22.28

22.06

22.25

22.84

23.77

22.47

22.09

15.03

14.76

14.72

15.08

15.63

8.44

9.39

9.36

9.30

9.74

10.33

10.64

29.90

30.61

31.48

32.12

32.84

33.73

34.58

20.41

20.17

19.80

20.15

21.18

22.08

22.77

27.54

26.47

22.48

22.39

22.69

23.31

24.28

20.53

20.24

15.64

15.37

15.32

15.66

16.19

4.66

4.96

5.18

5.49

5.87

6.42

6.63

7.54

7.76

8.14

8.47

8.70

8.99

9.25

3.36

3.39

3.54

3.66

3.74

3.86

3.97

--

--

--

--

--

--

--

20.38

20.54

21.10

21.43

21.93

22.61

23.25

24.80

24.77

24.62

25.03

25.98

26.82

27.51

34.04

32.92

32.97

30.48

27.81

27.52

27.78

30.16

29.07

27.72

27.21

27.21

27.56

28.12

22.27

21.40

20.00

19.61

19.67

20.19

21.17

28.73

27.78

27.15

27.18

27.60

28.31

29.38

19.75

19.45

12.82

12.56

12.58

12.94

13.53

15.68

16.01

16.41

16.76

17.09

17.56

17.74

30.84

30.94

31.20

31.61

31.99

32.70

33.48

24.30

23.35

21.44

21.07

21.11

21.64

22.52

19.27

18.27

13.65

13.40

14.13

14.47

15.03

4.39

4.62

4.65

4.77

5.07

5.56

5.77

2.41

2.41

2.52

2.58

2.69

2.80

2.89

22.66

22.49

22.21

22.55

23.47

24.30

24.95

34.04

32.92

32.97

30.48

27.81

27.52

27.78

29.99

28.97

27.72

27.21

27.21

27.56

28.12

22.27

21.40

20.00

19.61

19.67

20.19

21.17

28.34

27.35

26.05

26.04

26.41

27.10

28.15

19.93

19.58

13.48

13.25

13.34

13.72

14.30

6.31

6.82

6.81

6.85

7.25

7.80

8.05

7.54

7.76

8.14

8.47

8.70

8.99

9.25

2.46

2.46

2.58

2.65

2.76

2.87

2.95

--

--

--

--

--

--

--

29.12

29.69

30.50

31.01

31.67

32.49

33.30

241.35

247.49

250.86

254.44

262.61

271.74

279.20

178.36

182.76

185.85

189.71

196.05

203.75

210.65

226.42

232.70

245.30

258.22

274.14

291.34

305.54

745.43

716.62

683.15

675.51

676.98

685.10

698.72

1391.57

1379.57

1365.16

1377.87

1409.78

1451.93

1494.12

0.65

0.72

0.58

1.12

2.17

3.22

4.41

1392.22

1380.28

1365.74

1378.99

1411.95

1455.15

1498.54

tus, and small on-site generating systems.

line (nonrenewable). To address cold starting issues,

percent is used for this forecast.

d local taxes.

y and local taxes.

otor vehicle fuel taxes and estimated dispensing costs or charges.

h sector and the corresponding sectoral consumption.

ased on prices

EIA-0380(2013/08) (Washington, DC, August 2013).

esidential, commercial, and industrial natural gas

Federal taxes, and dispensing costs or charges.

. 2011 and

A, AEO2014 National Energy Modeling System run ref2014.d102413a.

em run ref2014.d102413a.

2020

2021

2022

2023

2024

2025

2026

2020

2021

2022

2023

2024

2025

2026

23.79

24.06

24.28

24.44

24.63

24.86

25.06

24.67

25.14

25.64

26.08

26.53

26.95

27.26

11.59

11.80

11.90

12.06

12.31

12.48

12.58

36.15

36.06

35.80

35.70

36.04

36.14

36.25

20.33

20.66

20.93

21.13

21.37

21.66

21.91

21.77

22.26

22.78

23.19

23.59

24.01

24.33

14.40

14.74

15.27

15.59

15.86

16.13

16.58

9.49

9.68

9.76

9.90

10.13

10.29

10.38

30.80

30.63

30.29

30.16

30.50

30.55

30.63

20.64

20.99

21.28

21.49

21.75

22.06

22.33

22.22

22.72

23.26

23.65

24.02

24.45

24.79

14.88

15.25

15.71

16.06

16.36

16.65

17.01

5.79

5.93

5.95

6.05

6.23

6.32

6.36

8.43

8.53

8.63

8.74

8.85

8.95

9.04

3.59

3.61

3.64

3.67

3.70

3.73

3.76

--

--

--

--

--

--

--

20.77

20.75

20.65

20.66

20.95

21.08

21.24

24.85

25.12

25.34

25.50

25.69

25.92

26.12

25.61

25.84

25.75

26.66

27.24

27.53

27.70

25.59

25.95

26.36

26.78

27.13

27.37

27.58

19.47

20.00

20.58

21.05

21.52

21.96

22.30

26.80

27.30

27.85

28.23

28.59

29.02

29.37

12.46

12.82

13.19

13.52

13.86

14.16

14.43

15.62

15.63

15.50

15.43

15.53

15.57

15.55

29.86

29.74

29.50

29.43

29.79

30.09

30.35

20.66

21.14

21.64

22.08

22.52

22.94

23.27

13.86

14.19

14.65

14.95

15.30

15.59

15.91

5.07

5.24

5.29

5.42

5.62

5.76

5.81

2.61

2.64

2.68

2.70

2.74

2.77

2.81

22.54

22.83

23.06

23.22

23.43

23.68

23.90

25.61

25.84

25.75

26.66

27.24

27.53

27.70

25.58

25.95

26.36

26.78

27.13

27.37

27.58

19.47

20.00

20.58

21.05

21.52

21.96

22.30

25.70

26.21

26.76

27.16

27.54

27.98

28.33

13.15

13.51

13.92

14.25

14.58

14.88

15.18

7.09

7.25

7.29

7.40

7.59

7.72

7.77

8.43

8.53

8.63

8.74

8.85

8.95

9.04

2.67

2.70

2.74

2.76

2.80

2.83

2.87

--

--

--

--

--

--

--

29.72

29.60

29.35

29.26

29.58

29.67

29.79

249.25

250.33

250.54

251.90

255.89

258.12

260.26

189.44

191.14

191.86

193.68

197.83

200.39

202.94

279.45

287.01

293.27

300.24

308.59

315.89

321.11

632.05

637.47

643.26

648.44

651.76

653.92

655.12

1350.18

1365.95

1378.93

1394.26

1414.06

1428.32

1439.43

4.89

6.10

7.67

8.65

9.63

10.53

11.27

1355.07

1372.06

1386.61

1402.91

1423.69

1438.85

1450.71

26.94

27.70

28.41

29.09

29.83

30.63

31.40

27.94

28.95

30.01

31.05

32.13

33.19

34.15

13.13

13.59

13.92

14.35

14.90

15.37

15.76

40.94

41.51

41.91

42.49

43.64

44.52

45.42

23.02

23.79

24.50

25.15

25.88

26.69

27.45

24.66

25.63

26.66

27.60

28.56

29.57

30.49

16.31

16.96

17.87

18.56

19.21

19.87

20.77

10.75

11.15

11.42

11.78

12.26

12.67

13.01

34.88

35.26

35.46

35.90

36.93

37.63

38.38

23.38

24.17

24.91

25.58

26.34

27.18

27.98

25.17

26.16

27.23

28.16

29.09

30.12

31.07

16.85

17.56

18.39

19.11

19.82

20.51

21.32

6.56

6.83

6.97

7.20

7.54

7.79

7.96

9.55

9.82

10.10

10.40

10.71

11.03

11.33

4.07

4.16

4.26

4.36

4.48

4.59

4.71

--

--

--

--

--

--

--

23.52

23.89

24.17

24.60

25.37

25.96

26.61

28.14

28.92

29.65

30.35

31.11

31.93

32.73

29.00

29.74

30.14

31.73

32.99

33.92

34.71

28.98

29.88

30.85

31.88

32.85

33.72

34.56

22.06

23.02

24.08

25.05

26.07

27.05

27.94

30.35

31.43

32.59

33.60

34.63

35.75

36.80

14.11

14.75

15.44

16.10

16.79

17.44

18.08

17.69

17.99

18.15

18.37

18.80

19.18

19.49

33.82

34.23

34.53

35.03

36.08

37.07

38.03

23.40

24.33

25.32

26.28

27.27

28.26

29.16

15.70

16.34

17.15

17.80

18.52

19.21

19.94

5.75

6.03

6.20

6.45

6.81

7.09

7.29

2.96

3.04

3.13

3.22

3.32

3.42

3.52

25.53

26.28

26.99

27.65

28.37

29.17

29.94

29.00

29.74

30.14

31.73

32.99

33.92

34.71

28.98

29.87

30.85

31.88

32.85

33.71

34.56

22.06

23.02

24.08

25.05

26.07

27.05

27.94

29.11

30.18

31.33

32.33

33.35

34.46

35.50

14.90

15.55

16.29

16.96

17.66

18.32

19.02

8.04

8.35

8.53

8.80

9.20

9.51

9.74

9.55

9.82

10.10

10.40

10.71

11.03

11.33

3.03

3.11

3.20

3.29

3.39

3.49

3.59

--

--

--

--

--

--

--

33.66

34.08

34.36

34.83

35.82

36.55

37.33

282.30

288.18

293.24

299.86

309.87

317.94

326.13

214.56

220.04

224.56

230.56

239.56

246.83

254.30

316.50

330.40

343.26

357.40

373.69

389.11

402.38

715.87

733.85

752.90

771.91

789.25

805.47

820.92

1529.23

1572.47

1613.97

1659.74

1712.37

1759.34

1803.73

5.54

7.03

8.98

10.29

11.66

12.97

14.13

1534.77

1579.50

1622.95

1670.03

1724.04

1772.32

1817.85

2027

2028

2029

2030

2031

2032

2033

2027

2028

2029

2030

2031

2032

2033

25.25

25.41

25.58

25.75

25.92

26.11

26.32

27.69

27.97

28.32

28.60

28.94

29.31

29.74

12.72

12.90

13.18

13.50

13.65

13.71

13.94

36.47

36.58

36.73

36.98

37.26

37.34

37.37

22.15

22.35

22.57

22.79

23.01

23.25

23.52

24.76

25.03

25.37

25.66

26.00

26.37

26.76

17.02

17.15

17.66

17.92

18.25

18.57

18.88

10.50

10.66

10.91

11.19

11.29

11.29

11.48

30.83

30.91

31.02

31.26

31.51

31.55

31.54

22.59

22.80

23.04

23.27

23.50

23.76

24.05

25.22

25.47

25.81

26.11

26.46

26.83

27.20

17.42

17.66

18.04

18.29

18.59

18.91

19.22

6.43

6.53

6.74

6.99

7.10

7.22

7.42

9.15

9.27

9.38

9.51

9.59

9.67

9.76

3.78

3.82

3.85

3.88

3.92

3.94

3.98

--

--

--

--

--

--

--

21.46

21.59

21.74

21.99

22.24

22.34

22.44

26.31

26.47

26.64

26.81

26.98

27.17

27.38

27.90

27.76

27.82

27.91

28.17

28.59

29.08

27.93

28.03

28.29

28.54

28.84

29.17

29.52

22.75

23.02

23.40

23.71

24.10

24.55

24.97

29.80

30.05

30.38

30.68

31.04

31.41

31.81

14.76

15.00

15.27

15.50

15.75

16.05

16.35

15.59

15.91

16.25

16.63

16.83

16.98

17.29

30.68

30.93

31.23

31.68

32.04

32.05

32.02

23.71

24.00

24.36

24.65

24.99

25.37

25.78

16.28

16.61

16.93

17.14

17.44

17.75

18.08

5.91

6.03

6.24

6.49

6.62

6.73

6.93

2.84

2.86

2.89

2.93

2.95

2.97

3.00

24.11

24.28

24.47

24.66

24.85

25.06

25.30

27.90

27.76

27.82

27.91

28.17

28.59

29.08

27.93

28.02

28.28

28.53

28.84

29.17

29.51

22.75

23.02

23.40

23.71

24.10

24.55

24.97

28.76

29.02

29.36

29.67

30.02

30.41

30.78

15.53

15.77

16.09

16.32

16.59

16.90

17.20

7.86

7.99

8.22

8.49

8.61

8.71

8.92

9.15

9.27

9.38

9.51

9.59

9.67

9.76

2.89

2.92

2.95

2.98

3.01

3.03

3.06

--

--

--

--

--

--

--

30.01

30.13

30.29

30.56

30.83

30.93

30.99

263.25

265.87

269.20

272.82

275.83

277.58

280.02

206.21

208.97

212.24

215.91

219.14

221.31

224.08

327.69

333.16

337.71

343.02

347.61

351.78

355.93

659.67

659.49

663.44

667.67

673.87

681.15

689.33

1456.82

1467.49

1482.59

1499.43

1516.45

1531.83

1549.37

11.96

12.35

12.70

12.96

13.18

13.29

13.33

1468.78

1479.85

1495.29

1512.39

1529.62

1545.12

1562.70

32.20

32.97

33.81

34.67

35.59

36.57

37.62

35.31

36.29

37.42

38.50

39.72

41.04

42.50

16.21

16.74

17.42

18.18

18.74

19.20

19.93

46.50

47.47

48.53

49.78

51.15

52.29

53.41

28.25

29.01

29.83

30.68

31.58

32.56

33.61

31.57

32.48

33.52

34.54

35.70

36.93

38.24

21.70

22.25

23.34

24.12

25.06

26.01

26.98

13.38

13.83

14.42

15.07

15.51

15.81

16.40

39.31

40.11

40.98

42.08

43.25

44.18

45.07

28.80

29.58

30.44

31.32

32.26

33.27

34.37

32.16

33.06

34.11

35.15

36.32

37.58

38.88

22.21

22.92

23.84

24.62

25.53

26.48

27.47

8.20

8.48

8.90

9.41

9.75

10.12

10.60

11.67

12.02

12.39

12.81

13.17

13.55

13.95

4.83

4.95

5.08

5.23

5.38

5.52

5.68

--

--

--

--

--

--

--

27.36

28.01

28.72

29.60

30.53

31.29

32.07

33.55

34.35

35.20

36.09

37.04

38.05

39.13

35.58

36.02

36.76

37.57

38.67

40.04

41.56

35.61

36.37

37.38

38.42

39.59

40.86

42.18

29.01

29.87

30.92

31.91

33.09

34.37

35.68

37.99

38.99

40.15

41.30

42.61

43.99

45.46

18.82

19.46

20.18

20.86

21.62

22.48

23.37

19.88

20.64

21.47

22.38

23.10

23.77

24.71

39.11

40.14

41.27

42.65

43.99

44.89

45.76

30.23

31.14

32.18

33.18

34.31

35.53

36.84

20.76

21.56

22.37

23.08

23.95

24.86

25.83

7.53

7.82

8.25

8.74

9.08

9.42

9.90

3.62

3.72

3.82

3.94

4.05

4.17

4.29

30.74

31.51

32.34

33.20

34.12

35.10

36.16

35.58

36.02

36.76

37.57

38.67

40.04

41.56

35.61

36.36

37.37

38.41

39.59

40.85

42.18

29.01

29.87

30.92

31.91

33.09

34.37

35.68

36.67

37.66

38.80

39.94

41.22

42.58

43.99

19.81

20.47

21.26

21.97

22.78

23.66

24.59

10.02

10.37

10.86

11.43

11.83

12.20

12.74

11.67

12.02

12.39

12.81

13.17

13.55

13.95

3.69

3.79

3.90

4.02

4.13

4.25

4.37

--

--

--

--

--

--

--

38.27

39.10

40.02

41.13

42.33

43.32

44.29

335.66

345.01

355.72

367.27

378.68

388.73

400.19

262.92

271.18

280.45

290.65

300.84

309.93

320.25

417.81

432.32

446.25

461.77

477.21

492.64

508.68

841.10

855.79

876.66

898.80

925.12

953.90

985.15

1857.49

1904.30

1959.08

2018.49

2081.85

2145.20

2214.28

15.24

16.03

16.78

17.45

18.09

18.61

19.06

1872.73

1920.33

1975.86

2035.94

2099.94

2163.81

2233.33

2034

2035

2036

2037

2038

2039

2040

2034

2035

2036

2037

2038

2039

2040

26.66

26.84

27.02

27.15

27.27

27.45

27.64

30.24

30.57

30.91

31.23

31.60

32.11

32.64

14.34

14.61

14.99

15.15

15.28

15.62

15.98

37.57

37.82

38.08

38.30

38.37

38.58

38.83

23.91

24.14

24.37

24.54

24.69

24.92

25.17

27.39

27.69

28.03

28.34

28.66

29.16

29.72

19.20

19.36

19.61

19.88

20.14

20.54

20.99

11.75

11.95

12.26

12.37

12.46

12.76

13.08

31.73

31.98

32.25

32.46

32.53

32.75

33.01

24.50

24.73

24.98

25.16

25.33

25.56

25.84

27.72

27.97

28.29

28.57

28.87

29.36

29.92

19.56

19.79

20.06

20.33

20.60

21.02

21.48

7.57

7.76

8.04

8.09

8.13

8.34

8.59

9.84

9.93

10.01

10.10

10.11

10.14

10.20

4.00

4.03

4.06

4.09

4.12

4.15

4.19

--

--

--

--

--

--

--

22.65

22.91

23.19

23.41

23.52

23.76

24.05

27.82

28.01

28.20

28.33

28.44

28.62

28.82

30.03

30.68

31.63

32.60

33.60

34.49

35.49

30.13

30.40

30.79

31.14

31.49

32.06

32.67

25.46

25.83

26.23

26.57

26.98

27.50

28.07

32.32

32.60

32.91

33.15

33.45

33.96

34.53

16.69

16.94

17.22

17.47

17.74

18.13

18.55

17.75

18.09

18.59

18.80

18.94

19.25

19.67

32.29

32.65

32.96

33.25

33.44

33.80

34.19

26.34

26.68

27.04

27.37

27.75

28.26

28.81

18.47

18.74

19.05

19.32

19.57

19.97

20.42

7.09

7.29

7.57

7.63

7.68

7.90

8.16

3.02

3.05

3.08

3.10

3.12

3.15

3.19

25.68

25.89

26.09

26.24

26.37

26.57

26.79

30.03

30.68

31.63

32.60

33.60

34.49

35.49

30.13

30.40

30.79

31.14

31.49

32.06

32.67

25.46

25.83

26.23

26.57

26.98

27.50

28.07

31.33

31.58

31.91

32.19

32.48

32.98

33.54

17.54

17.79

18.07

18.33

18.59

18.99

19.42

9.13

9.33

9.66

9.75

9.82

10.08

10.38

9.84

9.93

10.01

10.10

10.11

10.14

10.20

3.08

3.11

3.14

3.16

3.18

3.22

3.25

--

--

--

--

--

--

--

31.21

31.49

31.77

32.00

32.10

32.35

32.63

284.09

287.79

292.06

295.22

297.71

301.97

306.56

228.31

232.66

237.56

241.60

245.08

250.18

255.39

360.75

365.43

370.92

375.84

379.56

385.00

390.91

703.34

711.27

721.81

731.45

741.97

756.75

772.91

1576.49

1597.14

1622.35

1644.12

1664.32

1693.90

1725.77

13.56

13.30

12.97

12.56

12.03

11.93

11.80

1590.05

1610.44

1635.32

1656.69

1676.34

1705.83

1737.56

38.90

39.98

41.11

42.20

43.30

44.53

45.83

44.11

45.53

47.03

48.54

50.17

52.09

54.12

20.92

21.75

22.81

23.55

24.26

25.34

26.49

54.81

56.33

57.94

59.52

60.91

62.59

64.39

34.89

35.95

37.07

38.13

39.20

40.42

41.74

39.96

41.24

42.65

44.04

45.50

47.31

49.27

28.00

28.84

29.83

30.90

31.97

33.32

34.80

17.14

17.80

18.66

19.22

19.78

20.69

21.68

46.29

47.64

49.07

50.44

51.64

53.13

54.73

35.74

36.84

38.00

39.10

40.21

41.47

42.83

40.44

41.66

43.04

44.40

45.83

47.64

49.61

28.53

29.47

30.51

31.59

32.71

34.10

35.61

11.05

11.55

12.24

12.58

12.91

13.53

14.25

14.35

14.80

15.23

15.70

16.05

16.44

16.91

5.84

6.00

6.18

6.36

6.54

6.73

6.95

--

--

--

--

--

--

--

33.05

34.13

35.28

36.38

37.34

38.55

39.88

40.58

41.71

42.90

44.03

45.15

46.43

47.79

43.80

45.69

48.12

50.66

53.34

55.95

58.85

43.96

45.28

46.85

48.40

50.00

52.01

54.17

37.15

38.47

39.90

41.29

42.83

44.62

46.53

47.16

48.56

50.07

51.52

53.10

55.09

57.25

24.34

25.23

26.20

27.16

28.17

29.41

30.76

25.90

26.95

28.27

29.21

30.07

31.23

32.61

47.11

48.63

50.15

51.67

53.09

54.83

56.68

38.42

39.74

41.13

42.54

44.06

45.85

47.77

26.94

27.92

28.98

30.03

31.08

32.40

33.86

10.34

10.85

11.52

11.86

12.19

12.81

13.53

4.41

4.54

4.68

4.82

4.95

5.12

5.29

37.47

38.55

39.69

40.77

41.86

43.10

44.42

43.80

45.69

48.12

50.66

53.34

55.95

58.85

43.96

45.28

46.84

48.40

50.00

52.00

54.17

37.15

38.47

39.90

41.29

42.83

44.62

46.53

45.70

47.04

48.54

50.02

51.56

53.50

55.61

25.59

26.49

27.49

28.48

29.52

30.80

32.20

13.31

13.90

14.69

15.15

15.59

16.35

17.22

14.35

14.80

15.23

15.70

16.05

16.44

16.91

4.50

4.63

4.77

4.91

5.05

5.22

5.39

--

--

--

--

--

--

--

45.53

46.90

48.34

49.74

50.97

52.48

54.11

414.46

428.63

444.33

458.81

472.63

489.87

508.27

333.09

346.52

361.41

375.48

389.08

405.86

423.44

526.29

544.27

564.31

584.10

602.58

624.57

648.12

1026.10

1059.37

1098.13

1136.76

1177.93

1227.66

1281.47

2299.94

2378.79

2468.19

2555.15

2642.21

2747.97

2861.30

19.78

19.81

19.74

19.52

19.09

19.35

19.56

2319.72

2398.59

2487.93

2574.67

2661.30

2767.32

2880.86

2012-2040

0.5%
0.6%
1.5%
0.4%

0.7%
0.4%
-0.3%
1.7%
0.4%

0.7%
0.3%
0.1%
3.0%
1.2%
0.9%
-0.8%

0.5%
0.0%
0.2%
0.7%
0.7%
-0.3%

1.1%
0.3%

0.6%
0.0%
3.1%
1.0%

0.5%
0.0%
0.3%
0.7%
0.6%
-0.2%
2.4%
1.2%
1.0%
-0.4%

1.0%
1.4%
2.2%
0.1%
0.8%
11.9%
0.8%

2.3%
2.5%
3.4%
2.2%

2.5%
2.2%
1.5%

3.6%
2.2%

2.6%
2.1%
1.9%
4.9%
3.1%
2.8%
-2.6%

2.3%
1.9%
2.1%
2.5%
2.5%
1.5%
2.9%
2.1%

2.5%
1.8%
5.0%
2.9%

2.3%
1.9%
2.1%
2.5%
2.4%
1.6%
4.2%
3.1%
2.9%
-2.3%

2.8%
3.2%
4.0%
1.9%
2.6%
14.0%
2.7%