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Latest Energy Information Administration Stories

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2009-08-05 09:55:00

A key climate change bill passed by Congress would mean a modest increase of annual energy costs for families, which is way below some industry estimates, according to an unofficial report from the Energy Information Administration (EIA). The bill for a typical household's energy costs would increase less than $150 dollars per year by 2030, or about 23 cents per day, and $583 more in 2030, if it were to go into effect. The projection from the EIA is comparable to those made by the...

2009-08-04 15:51:00

WASHINGTON, Aug. 4 /PRNewswire-USNewswire/ -- Speaker Nancy Pelosi released the following statement today on a new report from the Energy Information Administration, which validates previous estimates of the low costs and large benefits of the American Clean Energy and Security Act that the House passed in June: "Another report has confirmed that clean energy is a good investment for our economy and for our energy security. "The Energy Information Agency estimates that the American Clean...

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2009-07-31 15:10:00

The federal government's "cash for clunkers" program has been highly popular and may provide a much-needed boost for the nation's ailing auto industry, but it will do little to cut fuel consumption, according to a Reuters analysis. Congress is working to extend the program after the original $1 billion in funding dried up sooner than expected, resulting in the program's suspension. The "Cash for clunkers" program, allows Americans to trade in their gas-guzzling vehicles for more...

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2009-05-28 06:20:00

Rapidly industrializing nations like China and Russia are expected to drive up global energy demand by some 44 percent during the next two decades, according to a U.S. governmental energy forecasting agency. The Energy Information Administration's report also stated that an expected economic recovery in 2010 will likely cause a swift bounce-back for temporarily depressed energy prices and demand.  U.S. oil prices, for example, are expected to nearly double from a $61 dollar a barrel...

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2009-04-15 06:40:00

According to industry forecasters, U.S. power plants will see a 2.6 percent drop in the amount of coal they burn in 2009 compared with the previous year.  The main cause is not, however, an increased use of green energy, but rather the ailing economy and moderate summer temperatures. As consumers seeking to save on cooling costs begin to turn back the thermostat, power plants are able to incorporate more natural gas into their energy mix "“ an alternative that is both cheaper and...

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2009-04-15 06:35:00

On Tuesday, Renewable Fuels Association President Bob Dinneen announced that the U.S. government will eventually begin allowing higher levels of ethanol to be blended into gasoline. Producers of grain-based fuel have lobbied to increase the amount of ethanol allowed into gasoline, which is currently capped at 10 percent. "I absolutely believe that when all the science is in, the efficacy of using greater than 10 percent blends will be validated," Dinneen said at the Energy Information...

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2008-12-17 13:35:00

Carbon dioxide emissions in the U.S. will be reduced 9.4 percent more by 2030 than previous expectations, according to the Energy Information Administration on Wednesday. Energy-related carbon dioxide emissions will hit 6.410 billion metric tons in 2030, the EIA said in its Annual Energy Outlook 2009. Last year, the EIA had forecast the emissions would hit 6.851 billion metric tons by 2030. "Efficiency policies and higher energy prices ... slow the rise in U.S. energy use," the EIA said....

2008-11-13 06:00:31

By Paul Davidson Gasoline is expected to remain a relative bargain through 2009, with prices averaging $2.37 a gallon, and home heating costs will likely be flat this winter under sharply lower U.S. forecasts released Wednesday. The brutal economy will push down total U.S. petroleum demand this year by 1.1 million barrels a day, or 5.4%, the first time since 1980 that total consumption is expected to fall by more than 1 million barrels a day. "It's because of significant revisions...

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2008-10-10 10:00:00

By H. Josef Hebert Associated Press WASHINGTON -- Alaska Gov. Sarah Palin, touted by GOP presidential candidate John McCain as his expert on energy, seemed to have problems Thursday explaining whether the government bans oil exports -- especially from her state's North Slope fields. A questioner at a town hall-style meeting in Wisconsin said he had heard that at least 75 percent of the oil drilled in Alaska was being sold to China and said, if true, he would like to know why. "No. It's not...

2008-10-08 06:00:32

By Paul Davidson Consumers will pay about 15% more -- an extra $150 on average-- to warm their homes this winter, with those that rely on heating oil hit even harder, the Energy Department said Tuesday. The average household will spend $1,137 on heating from October to March, says the department's Energy Information Administration. The increase reflects higher oil and natural gas prices and a forecast for colder weather than last winter. Projected monthly household outlays are $15...


Word of the Day
call-note
  • The call or cry of a bird or other animal to its mate or its young.
'Call-note' is newer than 'bird-call,' which originally referred to 'an instrument for imitating the note of birds' but now also refers to 'the song or cry of a bird.'
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