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EIA projections show U.S. energy production growing faster than consumption through 2040

“EIA has just issued its Annual Energy Outlook 2013 (AEO2013) Reference case, which highlights a growth in total U.S. energy production that exceeds growth in total U.S. energy consumption through 2040. “EIA’s updated Reference case shows how evolving consumer preferences, improved technology, and economic changes are pushing the nation toward more domestic energy production, greater vehicle efficiency, greater use of clean energy, and reduced energy imports,” said EIA Administrator Adam Sieminski. “This combination has markedly reduced projected energy-related carbon dioxide emissions,” said Mr. Sieminski.”

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