energy information administration short term outlook december 2005 1 6 release overview sharp increases in prices and hurricane related supply losses oil natural gas dominated the news us markets while demand generally drove 2004 higher price were more result of concerns because as well reduction world spare capacity which fell to its lowest level over three decades indeed spot crude increased an average 36 47 percent respectively total remained flat this year despite a relatively healthy economic growth rate than 3 similarly climbed throughout slower both china united states 2006 domestic is projected increase at annual about 2 0 continued tight supplies high for recent declines petroleum product especially gasoline diesel due mild weather ongoing recovery
