Commercial Sector: Natural Gas

 

Comparison of Individual Differences With Total Effect

 

Variable # 1

Table #2 Energy Consumption by Sector and Source (quadrillion Btu, unless otherwise noted)

Sector and Source    Commercial:    Natural Gas                  

 

Year           CMHGP07.0922a  CMLFS07.0922a  Sum of Diffs   Total Diff     Sum/Total     

 2010          -.0955279      -.137691       -.2332189      -.229346        1.016887     

 2011          -.165282       -.1987491      -.3640311      -.3535321       1.029697     

 2012          -.1995568      -.2605009      -.4600577      -.4433858       1.037601     

 2013          -.2089622      -.3125322      -.5214944      -.4995172       1.043997     

 2014          -.2179909      -.3457849      -.5637758      -.537946        1.048016     

 2015          -.225353       -.3592432      -.5845962      -.5572751       1.049026     

 2016          -.231035       -.3671479      -.5981829      -.5709829       1.047637     

 2017          -.23805        -.3720348      -.6100848      -.5818169       1.048586     

 2018          -.244096       -.3768711      -.6209671      -.5922821       1.048431     

 2019          -.249383       -.382045       -.631428       -.602515        1.047987     

 2020          -.2538521      -.386616       -.6404681      -.6117382       1.046964     

 2021          -.2582409      -.3918269      -.6500678      -.621362        1.046198     

 2022          -.2627189      -.3975859      -.6603048      -.6307499       1.046857     

 2023          -.2679639      -.4030659      -.6710298      -.6402609       1.048057     

 2024          -.2721329      -.4075069      -.6796398      -.6485658       1.047912     

 2025          -.2771511      -.4133852      -.6905363      -.6585553       1.048562     

 2026          -.2826579      -.4196618      -.7023197      -.6694198       1.049147     

 2027          -.2872651      -.4251192      -.7123843      -.6792841       1.048728     

 2028          -.2920117      -.4306829      -.7226946      -.688983        1.048929     

 2029          -.296731       -.4357221      -.7324531      -.6987031       1.048304     

 2030          -.2963262      -.436172       -.7324982      -.703958        1.040543     

 

 

Endogenous Variable:

Table #2 Energy Consumption by Sector and Source (quadrillion Btu, unless otherwise noted)

  Sector and Source    Commercial:    Natural Gas                 

 

Exogenous Variables:

# 1) Table #3 Energy Prices by Sector and Source (2005 dollars per million Btu, unless otherwise noted)

    Sector and Source    Commercial:    Natural Gas                 

 

# 2) Table #5 Commercial Sector Key Indicators and Consumption (quadrillion Btu, unless otherwise noted)

    Key Indicators and Consumption    Total Floorspace (billion squar:      Total                     

 

# 3) Lagged Table #2 Energy Consumption by Sector and Source (quadrillion Btu, unless otherwise noted)

    Sector and Source    Commercial:    Natural Gas                 

 

Exogenous

Variable              Mean                  Coefficient           Elasticity            t-statistic          

Variable# 1            8.759386             -.074526              -.184832              -14.137072           

Variable# 2            84.3015               .032519               .776192               14.997643           

Variable# 3            3.464444              .288889               .283375               5.654997             

Constant                                     .442419             

 

Endogenous            Mean                  SER                   R-sq                  LR-Multiplier        

Variable               3.531857              .04296                .984144               1.4062502197266     

 

                                                                                Commercial Sector Scenarios: Natural Gas

File

Natural Gas Price +/- 25%

Floorspace +/- 10%

Base

B

B

CMHGP07

H

B

CMLFS07

B

L

CMNG107

H

L

CMLGP07

L

B

CMHFS07

B

H

CMNG207

H

H

CMNG307

L

L

CMNG407

L

H

“H” = high variation, “L” = low variation, “B” = AEO2007 Base Case