Jason Barton

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Archive for the ‘Energy Information Administration’ tag

Projections for U.S. Shale Gas Continue to Rise

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This is potentially excellent news, so long as the companies that explore for and extract this gas are willing to cover the costs for any damage to human health or the environment.

Read more about shale gas here.

Shale-Gas Output May Double by 2035, Reducing Energy Imports, U.S. Says

By Simon Lomax – Dec 16, 2010 3:41 PM MT

Production forecasts for natural gas locked in shale have doubled, which will help the U.S. become less reliant on imported energy, according to a federal agency.

[…]

The Annual Energy Outlook predicts imports will meet 18 percent of U.S. demand by 2035, down from 24 percent last year. Higher prices will spur fuel production, including natural gas, oil and coal, the agency said. Tougher energy-saving rules, such as fuel-economy mandates for new cars, and a boost in biofuel production from crops such as corn also will make the U.S. less reliant on imports by 2035, according to the forecast.

Overall U.S. energy consumption will jump 21 percent by 2035. Coal will remain the “dominant energy source for electricity generation,” although more natural-gas fired plants will be built because of higher supplies of the cleaner-burning fuel, according to the outlook.

The agency forecasts construction of five nuclear plants by 2035, contributing to a 10 percent increase in electricity generated from atomic power. The share of electricity from renewable sources such as hydroelectric dams and solar panels will rise to 14 percent in 2035 from 11 percent last year, according to the outlook.

Read the entire article here.