Elasticity Estimates

 

Endogenous Variable: Crude Oil & Lease Condensate Production

AEO Version       WOP               Lag              

AEO2004            .011154           1.029688        

AEO2003            .065218           .665035         

AEO2002            .069431           .884723         

AEO2001            .134481           .718614         

AEO2000            .030033           .976266         

AEO1999           -.013115           1.071508        

AEO1998           -.00001            1.03358         

Average           0.0425            0.9113           

Std. Dev.         0.0512            0.1619            

abs(StdDev/Mean)  1.2047            0.1777           

Stability         Unstable          Stable           

Sign Change       Yes               No               

 

Endogenous Variable: Natural Gas Plant Liquids Production

AEO Version       GasSp             

AEO2004            .894265         

AEO2003            .892418         

AEO2002            .920669         

AEO2001            .925108         

AEO2000            .913461         

AEO1999            .951577         

AEO1998            1.059364        

Average           0.9367           

Std. Dev.         0.0577           

abs(StdDev/Mean)  0.0616           

Stability         Stable           

Sign Change       No               

 

 

 

 

 

 

Endogenous Variable: Dry Natural Gas Production

AEO Version       TotalDelEnergy   

AEO2004            .964817         

AEO2003            .815099         

AEO2002            1.056611        

AEO2001            1.370569        

AEO2000            1.046202        

AEO1999            1.260784        

AEO1998            .923278         

Average           1.0625           

Std. Dev.         0.1935           

abs(StdDev/Mean)  0.1821           

Stability         Stable           

Sign Change       No               

 

Endogenous Variable: Coal Production

AEO Version       CoalPrice         Lag              

AEO2004           -.01794            1.104531        

AEO2003            .104708           1.04978         

AEO2002            .014236           1.137211        

AEO2001           -.023398           1.125308        

AEO2000           -.018036           1.114946        

AEO1999            .014969           1.07931         

AEO1998            .02663            1.052455        

Average           0.0145            1.0948           

Std. Dev.         0.0444            0.0349           

abs(StdDev/Mean)  3.0621            0.0319           

Stability         Unstable          Stable           

Sign Change       Yes               No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Renewable Energy Production

AEO Version       TotalDelEnergy   

AEO2004            .999511         

AEO2003            .808657         

AEO2002            .890822         

AEO2001            .607758         

AEO2000            .635167         

AEO1999            .842643         

AEO1998            .769162         

Average           0.7934           

Std. Dev.         0.1383           

abs(StdDev/Mean)  0.1743           

Stability         Stable           

Sign Change       No               

 

Endogenous Variable: Other Energy Production

AEO Version       TotalDelEnergy    Lag              

AEO2004            .199746           .630616         

AEO2003            .209672           .532251         

AEO2002           -.499094           .91641          

AEO2001            .335242           .762869         

AEO2000            .207232           .925764         

AEO1999            .552031           .875266         

AEO1998            .196478           .735515         

Average           0.1716            0.7684            

Std. Dev.         0.3229            0.1494           

abs(StdDev/Mean)  1.8817            0.1944           

Stability         Unstable          Stable           

Sign Change       Yes               No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Crude Oil Imports

AEO Version       PetDm             OilSp            

AEO2004            .8728            -.719986         

AEO2003            .48772           -.457409         

AEO2002            .514241          -.641766         

AEO2001            .480517          -.381664         

AEO2000            .327665          -.426144         

AEO1999            .721197          -.338467         

AEO1998            .532157          -.403222         

Average           0.5623            -0.4812           

Std. Dev.         0.179             0.143            

abs(StdDev/Mean)  0.3183            0.2972           

Stability         Variable          Variable         

Sign Change       No                No               

 

Endogenous Variable: Petroleum Product Imports

AEO Version       PetDm             OilSp             OilM             

AEO2004            6.160641         -1.321286         -3.037804        

AEO2003            5.014262         -1.421642         -2.779044        

AEO2002            4.278219         -1.027397         -1.649241        

AEO2001            4.978588         -1.558811         -2.844655        

AEO2000            4.791122         -1.220184         -2.301617        

AEO1999            4.582718         -1.537071         -2.585474        

AEO1998            5.461175         -2.130899         -3.97539         

Average           5.0381            -1.4596           -2.739           

Std. Dev.         0.6177            0.3491            0.711            

abs(StdDev/Mean)  0.1226            0.2392            0.2596           

Stability         Stable            Stable            Variable         

Sign Change       No                No                No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Natural Gas Imports

AEO Version       GasDm             GasSp            

AEO2004            3.102489         -2.066257        

AEO2003            4.300391         -3.360996        

AEO2002            3.578269         -2.692567        

AEO2001            5.929612         -4.880129         

AEO2000            5.270293         -4.292869        

AEO1999            6.979914         -5.993108        

AEO1998            6.205558         -5.242741        

Average           5.0524            -4.0755          

Std. Dev.         1.4378            1.4256           

abs(StdDev/Mean)  0.2846            0.3498           

Stability         Variable          Variable         

Sign Change       No                No               

 

Endogenous Variable: Other Energy Imports

AEO Version       TotalDelEnergy    Lag              

AEO2004            .09378            .786115         

AEO2003           -.048341           .801394         

AEO2002           -.104759           .976762         

AEO2001            .512407           .582767         

AEO2000            .603269           .586072         

AEO1999            .243126           .882575         

AEO1998            .184867           .774518         

Average           0.212             0.77             

Std. Dev.         0.2668            0.1447           

abs(StdDev/Mean)  1.2585            0.1879           

Stability         Unstable          Stable           

Sign Change       Yes               No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Petroleum Product Exports

AEO Version       WOP               Lag              

AEO2004           -.023381           .933286         

AEO2003            .001359           1.003957        

AEO2002            .001881           .941533         

AEO2001           -.009056           1.036594        

AEO2000            .026999           1.021779        

AEO1999           -.000626           .990608         

AEO1998           -.102056           .311946         

Average           -0.015            0.8914           

Std. Dev.         0.0412            0.2584           

abs(StdDev/Mean)  2.7467            0.2899           

Stability         Unstable          Variable         

Sign Change       Yes               No               

 

Endogenous Variable: Consumption of Petroleum Products

AEO Version       WOP               TotalDelEnergy   

AEO2004           -.13055            1.186344        

AEO2003           -.054699           1.118636        

AEO2002           -.056327           1.101731        

AEO2001           -.075242           1.144833         

AEO2000           -.083281           1.16715         

AEO1999           -.092526           1.012368        

AEO1998           -.081877           1.181547        

Average           -0.0821           1.1304           

Std. Dev.         0.0256            0.0608           

abs(StdDev/Mean)  0.3118            0.0538           

Stability         Variable          Stable           

Sign Change       No                No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Consumption of Natural Gas

AEO Version       GasPrice          TotalDelEnergy    Lag              

AEO2004           -.04986           -.02741            1.038428        

AEO2003           -.188814           .068471           1.027935        

AEO2002           -.006319          -.06398            .979932         

AEO2001           -.06071           -.296765           1.14666         

AEO2000            .025728           .046654           .87053          

AEO1999           -.086863          -.090146           .98988          

AEO1998           -.007789          -.093999           .982405         

Average           -0.0535           -0.0653           1.0051           

Std. Dev.         0.0708            0.1203            0.0828           

abs(StdDev/Mean)  1.3234            1.8423            0.0824           

Stability         Unstable          Unstable          Stable           

Sign Change       Yes               Yes               No               

 

Endogenous Variable: Consumption of Coal

AEO Version       CoalPrice         TotalDelEnergy   

AEO2004            1.208721          .997532         

AEO2003            1.089906          .970236         

AEO2002            .833923           1.107686        

AEO2001           -1.143334         -.372614         

AEO2000           -.716073          -.240704         

AEO1999           -.847221          -.041955         

AEO1998           -.9198            -.557189         

Average           -0.0706           0.2661           

Std. Dev.         1.0562            0.7276           

abs(StdDev/Mean)  14.9603           2.7343           

Stability         Unstable          Unstable         

Sign Change       Yes               Yes              

 

 

 

 

 

 

 

 

 

Endogenous Variable: Consumption of Renewable Energy

AEO Version       WOP               TotalDelEnergy   

AEO2004            .05442            1.055911        

AEO2003            .021093           .886283         

AEO2002            .037915           .971978         

AEO2001            .042817           .514455         

AEO2000            .05504            .736326         

AEO1999            .046281           .990455         

AEO1998            .014298           .689631         

Average           0.0388            0.835            

Std. Dev.         0.0158            0.1949            

abs(StdDev/Mean)  0.4072            0.2334           

Stability         Variable          Stable           

Sign Change       No                No               

 

Endogenous Variable: Consumption of Other Energy

AEO Version       WOP               TotalDelEnergy    Lag              

AEO2004           -.026404          -1.986847          .580271         

AEO2003           -.059096          -2.821671          .41884          

AEO2002            .047927          -.012881           .663338         

AEO2001           -.005358          -.283643           .533134         

AEO2000           -.034331           .766678           .498947         

AEO1999            .013061           .305697           .806482         

AEO1998            .0055             .45077            .846714         

Average           -0.0084           -0.5117           0.6211           

Std. Dev.         0.0351            1.3566            0.1593           

abs(StdDev/Mean)  4.1786            2.6512            0.2565           

Stability         Unstable          Unstable          Variable         

Sign Change       Yes               Yes               No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Residential Sector Consumption of Delivered Energy

AEO Version       ResPrice          Households       

AEO2004           -.30292            .995752         

AEO2003           -.404306           1.013559        

AEO2002           -.376734           1.10906         

AEO2001           -.402074           1.150812        

AEO2000           -.379656           .855932         

AEO1999           -.410519           .682781         

AEO1998           -.289327           .762003         

Average           -0.3665           0.9386           

Std. Dev.         0.0498            0.1763            

abs(StdDev/Mean)  0.1359            0.1878           

Stability         Stable            Stable           

Sign Change       No                No               

 

Endogenous Variable: Commercial Sector Consumption of Delivered Energy

AEO Version       ComPrice          Floorspace       

AEO2004           -.208312           1.247944        

AEO2003           -.241033           1.242666        

AEO2002           -.260439           1.205768        

AEO2001           -.266849           1.389821         

AEO2000           -.295331           1.208496        

AEO1999           -.422484           .941971         

AEO1998           -.099753           .978492         

Average           -0.2563           1.1736           

Std. Dev.         0.0969            0.1587           

abs(StdDev/Mean)  0.3781            0.1352           

Stability         Variable          Stable           

Sign Change       No                No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Industrial Sector Consumption of Delivered Energy

AEO Version       IndPrice          ValOutput        

AEO2004           -.059231           .517916         

AEO2003           -.026175           .499225         

AEO2002            .019382           .395115         

AEO2001            .094145           .378549         

AEO2000            .000175           .489514         

AEO1999           -.007461           .4683           

AEO1998            .018875           .225712         

Average           0.0057            0.4249           

Std. Dev.         0.0476            0.1024           

abs(StdDev/Mean)  8.3509            0.241            

Stability         Unstable          Stable           

Sign Change       Yes               No               

 

Endogenous Variable: Transportation Sector Consumption of Delivered Energy

AEO Version       TrnPrice          GDP              

AEO2004           -.359087           .550828         

AEO2003           -.097986           .638928         

AEO2002           -.071733           .536207         

AEO2001           -.073553           .569793         

AEO2000           -.106555           .697196         

AEO1999           -.114021           .64595          

AEO1998           -.149768           .660618         

Average           -0.139            0.6142           

Std. Dev.         0.1006            0.0616           

abs(StdDev/Mean)  0.7237            0.1003           

Stability         Unstable          Stable           

Sign Change       No                No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Total Electricity Related Losses

AEO Version       TotalDelEnergy   

AEO2004            .669544         

AEO2003            .640887         

AEO2002            .723409         

AEO2001            .546112         

AEO2000            .512704         

AEO1999            .607488         

AEO1998            .774515         

Average           0.6392           

Std. Dev.         0.0931           

abs(StdDev/Mean)  0.1457           

Stability         Stable           

Sign Change       No                

 

Endogenous Variable: Average Residential Sector Price

AEO Version       WOP               GasPrice          ElecPrice        

AEO2004            .028556           .159248           .740049         

AEO2003            .036283           .12697            .784541         

AEO2002            .026283           .20071            .590929         

AEO2001            .045693           .118751           .606216         

AEO2000            .031724           .169309           .468737         

AEO1999            .036235           .14415            .571265         

AEO1998            .043453           .200868           .536513         

Average           0.0355            0.16              0.614            

Std. Dev.         0.0073            0.0328            0.1114           

abs(StdDev/Mean)  0.2056            0.205             0.1814           

Stability         Stable            Stable            Stable           

Sign Change       No                No                No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Average Commercial Sector Price

AEO Version       WOP               GasPrice          ElecPrice        

AEO2004            .037758           .249274           .668203         

AEO2003            .032191           .341733           .670277         

AEO2002            .023559           .31366            .345052         

AEO2001            .037575           .230682           .728161         

AEO2000            .027352           .147681           .916149         

AEO1999            .023138           .190322           .763378         

AEO1998            .027466           .195184           .808491         

Average           0.0299            0.2384            0.7              

Std. Dev.         0.0061            0.0694            0.1785           

abs(StdDev/Mean)  0.204             0.2911            0.255            

Stability         Stable            Variable          Variable         

Sign Change       No                No                No               

 

Endogenous Variable: Average Industrial Sector Price

AEO Version       WOP               GasPrice         

AEO2004            .274398           .51508          

AEO2003            .249016           .684141         

AEO2002            .222732           .496466         

AEO2001            .238763           .500213         

AEO2000            .281946           .480132         

AEO1999            .268161           .531573         

AEO1998            .268272           .433522         

Average           0.2576            0.5202           

Std. Dev.         0.0214            0.0786           

abs(StdDev/Mean)  0.0831            0.1511           

Stability         Stable            Stable           

Sign Change       No                No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Average Transportation Sector Price

AEO Version       WOP               ElecPrice        

AEO2004            .35468            .328281         

AEO2003            .477536           .397079         

AEO2002            .487069           .277152         

AEO2001            .467026           .249398         

AEO2000            .485783           .330179         

AEO1999            .467498           .517911         

AEO1998            .445855           .576105         

Average           0.4551            0.3823           

Std. Dev.         0.0464            0.1228           

abs(StdDev/Mean)  0.102             0.3212           

Stability         Stable            Variable         

Sign Change       No                No               

 

Endogenous Variable: Average Price of Electricity (cents/Kwh)

AEO Version       GasPrice          CoalPrice         Lag              

AEO2004            .090742           .174326           .776713         

AEO2003            .15263            .032773           .756924         

AEO2002            .048362           .00913            .880227         

AEO2001            .045929           .008663           .92278          

AEO2000            .083077           .088226           .735153         

AEO1999            .132694           .297798           .764986         

AEO1998            .096492           .174141           .757407         

Average           0.0928            0.1122            0.7992           

Std. Dev.         0.0397            0.1083            0.0721           

abs(StdDev/Mean)  0.4278            0.9652            0.0902           

Stability         Variable          Unstable          Stable           

Sign Change       No                No                No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Residential Sector Price of Petroleum Products

AEO Version       WOP              

AEO2004            .467765         

AEO2003            .440525         

AEO2002            .462439         

AEO2001            .438212         

AEO2000            .431728         

AEO1999            .418645         

AEO1998            .457269         

Average           0.4452           

Std. Dev.         0.0178           

abs(StdDev/Mean)  0.04             

Stability         Stable           

Sign Change       No               

 

Endogenous Variable: Residential Sector Price of Natural Gas

AEO Version       GasPrice         

AEO2004            .409637         

AEO2003            .421492         

AEO2002            .409344         

AEO2001            .33028          

AEO2000            .338777         

AEO1999            .165743         

AEO1998            .450818         

Average           0.3609           

Std. Dev.         0.0966           

abs(StdDev/Mean)  0.2677           

Stability         Variable         

Sign Change       No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Residential Sector Price of Electricity

AEO Version       ElecPrice        

AEO2004            1.058886        

AEO2003            1.057269        

AEO2002            1.084628        

AEO2001            .880505         

AEO2000            .879145         

AEO1999            1.014033        

AEO1998            .977751         

Average           0.9932           

Std. Dev.         0.0848           

abs(StdDev/Mean)  0.0854           

Stability         Stable           

Sign Change       No               

 

Endogenous Variable: Residential Sector Consumption of Petroluem Products

AEO Version       RPetPrice         Lag              

AEO2004           -.099701           .74186          

AEO2003           -.058089           .896733         

AEO2002           -.096329           .877833         

AEO2001           -.150622           .796385         

AEO2000           -.04963            .957258         

AEO1999           -.027146           .987865         

AEO1998           -.118133           .626533         

Average           -0.0857           0.8406           

Std. Dev.         0.0429            0.1274           

abs(StdDev/Mean)  0.5006            0.1516           

Stability         Unstable          Stable           

Sign Change       No                No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Residential Sector Consumption of Natural Gas

AEO Version       RGasPrice         Lag              

AEO2004           -.042743           1.029013        

AEO2003           -.140171           1.11187         

AEO2002            .01252            1.036779        

AEO2001           -.00614            1.007368        

AEO2000            .019655           1.00111         

AEO1999           -.007607           .932796         

AEO1998           -.015526           .959235         

Average           -0.0257           1.0112           

Std. Dev.         0.0544            0.0578           

abs(StdDev/Mean)  2.1167            0.0572           

Stability         Unstable          Stable           

Sign Change       Yes               No               

 

Endogenous Variable: Residential Sector Consumption of Renewable Energy

AEO Version       WOP               ResDm            

AEO2004           -.001628           .048884         

AEO2003           -.004585          -.105961         

AEO2002            .015929           .274313         

AEO2001           -.084928           .257495         

AEO2000           -.001004           .402102         

AEO1999            .010468           .508591         

AEO1998            .003366           .30275          

Average           -0.0089           0.2412           

Std. Dev.         0.0343            0.2082           

abs(StdDev/Mean)  3.8539            0.8632           

Stability         Unstable          Unstable         

Sign Change       Yes               Yes              

 

 

 

 

 

 

 

 

 

Endogenous Variable: Residential Sector Consumption of Electricity

AEO Version       RPetSub           RGas              RRenew            ResDm            

AEO2004           -.302446          -1.124699         -.080194           2.507735        

AEO2003           -.267126          -1.120139         -.080596           2.46815          

AEO2002           -.237433          -1.117071         -.097451           2.453884        

AEO2001           -.23314           -1.111335         -.090365           2.447085        

AEO2000           -.245513          -1.177691         -.130658           2.529989        

AEO1999           -.242552          -1.170013         -.154903           2.566319        

AEO1998           -.259981          -1.169366         -.020702           2.490736        

Average           -0.2555           -1.1415           -0.0936           2.4948           

Std. Dev.         0.024             0.0293            0.0425            0.0432           

abs(StdDev/Mean)  0.0939            0.0257            0.4541            0.0173           

Stability         Stable            Stable            Variable          Stable           

Sign Change       No                No                No                No               

 

Endogenous Variable: Commercial Sector Price of Petroleum Products

AEO Version       WOP              

AEO2004            .665984         

AEO2003            .664661         

AEO2002            .716965         

AEO2001            .70625          

AEO2000            .654108         

AEO1999            .650021         

AEO1998            .632499         

Average           0.6701           

Std. Dev.         0.0306           

abs(StdDev/Mean)  0.0457           

Stability         Stable           

Sign Change       No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Commercial Sector Price of Natural Gas

AEO Version       GasPrice         

AEO2004            .508685         

AEO2003            .541322         

AEO2002            .521165         

AEO2001            .447998         

AEO2000            .434812         

AEO1999            .352721         

AEO1998            .521341         

Average           0.4754           

Std. Dev.         0.0672           

abs(StdDev/Mean)  0.1414           

Stability         Stable           

Sign Change       No               

 

Endogenous Variable: Commercial Sector Price of Electricity

AEO Version       ElecPrice        

AEO2004            1.131639        

AEO2003            1.176186        

AEO2002            1.101494        

AEO2001            1.31516         

AEO2000            1.330604        

AEO1999            1.178071        

AEO1998            1.276339        

Average           1.2156           

Std. Dev.         0.0912           

abs(StdDev/Mean)  0.075            

Stability         Stable           

Sign Change       No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Commercial Sector Consumption of Petroluem Products

AEO Version       CPetPrice         Floorspace       

AEO2004           -.413454           .61232          

AEO2003           -.493807           .553585         

AEO2002           -.40166            .502953         

AEO2001           -.678176           .699987         

AEO2000           -.463747           .143648         

AEO1999           -.569767          -.116954         

AEO1998           -.244821          -.180553          

Average           -0.4665           0.3164           

Std. Dev.         0.1369            0.3629           

abs(StdDev/Mean)  0.2935            1.147            

Stability         Variable          Unstable         

Sign Change       No                Yes              

 

Endogenous Variable: Commercial Sector Consumption of Natural Gas

AEO Version       CGasPrice         Floorspace       

AEO2004            .014074           .713383         

AEO2003           -.144051           .873537         

AEO2002           -.094443           .986481         

AEO2001            .194427           .662411         

AEO2000            .039696           1.130952        

AEO1999            .59293            .956102         

AEO1998            .128981           .567469         

Average           0.1045            0.8415           

Std. Dev.         0.2453            0.2011           

abs(StdDev/Mean)  2.3474            0.239            

Stability         Unstable          Stable           

Sign Change       Yes               No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Commercial Sector Consumption of Electricity

AEO Version       CElecPrice        Floorspace        Lag              

AEO2004           -.060547           .993657           .368679          

AEO2003           -.083837          -.302838           1.221871        

AEO2002           -.086354           .977899           .285739         

AEO2001           -.049929           .277006           .779941         

AEO2000           -.091004           .415042           .617219         

AEO1999           -.15514            .274975           .677283         

AEO1998           -.043579           .388074           .658374         

Average           -0.0815           0.432             0.6584           

Std. Dev.         0.0375            0.448             0.3047           

abs(StdDev/Mean)  0.4601            1.037             0.4628           

Stability         Variable          Unstable          Variable         

Sign Change       No                Yes               No               

 

Endogenous Variable: Industrial Sector Price of Petroleum Products

AEO Version       WOP              

AEO2004            .725293         

AEO2003            .599707         

AEO2002            .638449         

AEO2001            .659105         

AEO2000            .74239          

AEO1999            .743295         

AEO1998            .723184         

Average           0.6902           

Std. Dev.         0.0573           

abs(StdDev/Mean)  0.083            

Stability         Stable           

Sign Change       No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Industrial Sector Price of Natural Gas

AEO Version       GasPrice         

AEO2004            .884511         

AEO2003            .929156         

AEO2002            .856346         

AEO2001            .843774         

AEO2000            .815778         

AEO1999            .899222         

AEO1998            .80195          

Average           0.8615           

Std. Dev.         0.0457           

abs(StdDev/Mean)  0.053            

Stability         Stable           

Sign Change       No               

 

Endogenous Variable: Industrial Sector Price of Coal

AEO Version       CoalPrice        

AEO2004            1.007422        

AEO2003            1.193635        

AEO2002            .871719         

AEO2001            .786118         

AEO2000            .781563         

AEO1999            1.054949        

AEO1998            .214383         

Average           0.8443           

Std. Dev.         0.3157           

abs(StdDev/Mean)  0.3739           

Stability         Variable         

Sign Change       No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Industrial Sector Price of Electricity

AEO Version       ElecPrice        

AEO2004            1.289951        

AEO2003            1.192611        

AEO2002            1.301292        

AEO2001            1.394572        

AEO2000            1.45341         

AEO1999            1.11294         

AEO1998            1.189616        

Average           1.2763           

Std. Dev.         0.1207           

abs(StdDev/Mean)  0.0946           

Stability         Stable           

Sign Change       No               

 

Endogenous Variable: Industrial Sector Consumption of Petroluem Products

AEO Version       IPetPrice         ValOutput        

AEO2004           -.201802           .564852         

AEO2003           -.129372           .508604         

AEO2002           -.078044           .39781          

AEO2001           -.169251           .486465          

AEO2000           -.036624           .475546         

AEO1999           -.212703           .431118         

AEO1998           -.190834           .325663         

Average           -0.1455           0.4557           

Std. Dev.         0.067             0.0784           

abs(StdDev/Mean)  0.4605            0.172            

Stability         Variable          Stable           

Sign Change       No                No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Industrial Sector Consumption of Natural Gas

AEO Version       IGasPrice         ValOutput        

AEO2004            .265801           .326955         

AEO2003           -.117243           .508077         

AEO2002            .39473            .17804          

AEO2001            1.4167           -.35717          

AEO2000            .111789           .480603         

AEO1999            3.489835         -.617061         

AEO1998            2.246333         -.963461         

Average           1.1154            -0.0634          

Std. Dev.         1.3401            0.5825           

abs(StdDev/Mean)  1.2015            9.1877           

Stability         Unstable          Unstable         

Sign Change       Yes               Yes              

 

Endogenous Variable: Industrial Sector Consumption of Renewable Energy

AEO Version       WOP               IndDm            

AEO2004            .021304           1.656051        

AEO2003            .00831            1.802229        

AEO2002           -.016726           1.706662        

AEO2001           -.047973           1.476778        

AEO2000            .067243           1.030341        

AEO1999            .045551           1.260909        

AEO1998           -.017931           1.347833        

Average           0.0085            1.4687           

Std. Dev.         0.0398            0.2748           

abs(StdDev/Mean)  4.6824            0.1871           

Stability         Unstable          Stable           

Sign Change       Yes               No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Industrial Sector Consumption of Coal

AEO Version       ICoalPrice        ValOutput        

AEO2004            2.63822           .510789         

AEO2003           -.055952           .146133         

AEO2002           -.021102           .071665         

AEO2001            .098386           .029924         

AEO2000           -1.374822         -.49152          

AEO1999            2.50749           1.782497        

AEO1998            1.911816          .376271         

Average           0.8149            0.3465           

Std. Dev.         1.5361            0.7081           

abs(StdDev/Mean)  1.885             2.0436           

Stability         Unstable          Unstable         

Sign Change       Yes               Yes              

 

Endogenous Variable: Industrial Sector Consumption of Electricity

AEO Version       IElecPrice        ValOutput        

AEO2004           -.107736           .624683         

AEO2003           -.198658           .65865          

AEO2002           -.015827           .557983         

AEO2001            .187716           .517812         

AEO2000            .028618           .703988         

AEO1999           -.023711           .590478         

AEO1998            .808416           1.201462        

Average           0.097             0.6936           

Std. Dev.         0.3356            0.2324           

abs(StdDev/Mean)  3.4598            0.3351           

Stability         Unstable          Variable         

Sign Change       Yes               No                

 

 

 

 

 

 

 

 

 

Endogenous Variable: Transportation Sector Price of Distillate

AEO Version       WOP               Lag              

AEO2004           -.044453           1.119401        

AEO2003            .095067           .825335         

AEO2002            .040101           .909796         

AEO2001           -.008932           1.039506        

AEO2000           -.003367           1.027316        

AEO1999           -.006246           1.029807        

AEO1998            .007476           1.002883         

Average           0.0114            0.9934           

Std. Dev.         0.0445            0.0964           

abs(StdDev/Mean)  3.9035            0.097            

Stability         Unstable          Stable           

Sign Change       Yes               No               

 

Endogenous Variable: Transportation Sector Price of Jet Fuel

AEO Version       WOP               Lag              

AEO2004           -.042299           1.060883        

AEO2003            .057602           .945502         

AEO2002            .14511            .802965         

AEO2001            .09753            .885661         

AEO2000           -.012066           1.057589        

AEO1999           -.038991           1.074845        

AEO1998            .084647           .909528         

Average           0.0416            0.9624           

Std. Dev.         0.0734            0.1047           

abs(StdDev/Mean)  1.7644            0.1088           

Stability         Unstable          Stable           

Sign Change       Yes               No               

 

 

 

 

 

 

 

 

 

Endogenous Variable: Transportation Sector Price of Motor Gasoline

AEO Version       WOP               Lag              

AEO2004            .0184             .966168         

AEO2003            .052008           .921974         

AEO2002            .03801            .945442         

AEO2001            .039436           .941518         

AEO2000           -.01381            1.040106        

AEO1999           -.013294           1.039961        

AEO1998            .008858           .994091         

Average           0.0185            0.9785           

Std. Dev.         0.0261            0.0477           

abs(StdDev/Mean)  1.4108            0.0487           

Stability         Unstable          Stable            

Sign Change       Yes               No               

 

Endogenous Variable: Transportation Sector Consumption of Distillate

AEO Version       TDistPrice        VMT(>10k)         MPG(>10k)        

AEO2004           -.005845           1.113859         -1.174204        

AEO2003            .027116           1.021024         -.877576         

AEO2002            .034812           1.011186         -.961868         

AEO2001            .034921           .653374           .13665          

AEO2000           -.00043            1.00824          -.580922         

AEO1999           -.007925           1.127731         -.771364         

AEO1998            .018669           .944408          -1.060631        

Average           0.0145            0.9828            -0.7557          

Std. Dev.         0.0189            0.1587            0.4383           

abs(StdDev/Mean)  1.3034            0.1615            0.58             

Stability         Unstable          Stable            Unstable         

Sign Change       Yes               No                Yes              

 

 

 

 

 

 

 

 

 

Endogenous Variable: Transportation Sector Consumption of Jet Fuel

AEO Version       TJetPrice         SeatMiles         SeatMiles/Gal    

AEO2004           -.001704           .998439          -.924632         

AEO2003           -.005695           .879847          -.732528         

AEO2002           -.014238           .738522          -.153403         

AEO2001           -.009369           .810446          -.32852          

AEO2000           -.00994            .81006           -.402136         

AEO1999           -.008697           .836674          -.683053         

AEO1998            .011091           1.133536         -2.032216        

Average           -0.0055           0.8868            -0.7509          

Std. Dev.         0.0083            0.1352            0.6237           

abs(StdDev/Mean)  1.5091            0.1525            0.8306           

Stability         Unstable          Stable            Unstable         

Sign Change       Yes               No                No               

 

Endogenous Variable: Transportation Sector Consumption of Motor Gasoline

AEO Version       TMogasPrice       VMT(LtDuty)       MPG(LtDuty)      

AEO2004           -.033445           .910891          -.973614         

AEO2003           -.00579            .943947          -1.148806        

AEO2002            .005669           .987152          -1.287535        

AEO2001            .002408           .960592          -1.317737        

AEO2000            .001926           .868696          -1.07117         

AEO1999           -.010323           .854622          -.958816         

AEO1998           -.007284           .853112          -.834516         

Average           -0.0067           0.9113            -1.0846          

Std. Dev.         0.0132            0.0543            0.1782           

abs(StdDev/Mean)  1.9701            0.0596            0.1643           

Stability         Unstable          Stable            Stable           

Sign Change       Yes               No                No