Tag Archives: EIA

EIA: price of fuel tends to have little effect on travel demand

December 16, 2014   Neville
EIA: price of fuel tends to have little effect on travel demand
The US average retail price per gallon of regular motor gasoline has fallen 28% from its 2014 peak of $3.70 per gallon on June 23, to $2.68 per gallon on December 8, with no noticeable uptick in travel. Source: EIA.

The 28% drop in the US average retail price of gasoline since 23 June may not have much effect on automobile travel, and in turn, gasoline consumption, according to an analysis by the US Energy Information Administration (EIA). Gasoline is a relatively inelastic product—i.e., changes in prices have little influence on demand—and has become more so over the past few decades.

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EIA: fuel economy standards drive down projected gasoline use

June 29, 2014   Neville

EIA: fuel economy standards drive down projected gasoline use

In the US Energy Information Administration’s Annual Energy Outlook 2014 Reference case, more-stringent vehicle fuel economy standards contribute to a decline in motor gasoline consumption through 2040.

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EIA Annual Energy Outlook explores implications of behavior and demographics on light-duty vehicle energy demand

April 19, 2014   Neville
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The US Energy Information Administration (EIA) is in the process of staging the release of the full Annual Energy Outlook 2014 (AEO2014), its annual report on projected energy use and analysis of select energy topics. The roll-out began on 7 April and will conclude on 30 April. Included in AEO2014 is a set of eight “Issues in Focus” articles, exploring topics of special significance, including changes in assumptions and recent developments in technologies for energy production and consumption.

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US biodiesel production hits high in October says EIA

December 31, 2013   Neville

US biodiesel production hits high in October says EIA

U.S. biodiesel production hit a record high in October, according to the Energy Information Administration. New EIA figures show 132 million gallons of biodiesel was produced in October, up from around 127 million gallons in September.

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EIA Annual Energy Outlook 2014 Reference case

December 17, 2013   Neville

U.S. Energy Information Administration, Annual Energy Outlook 2014 Early Release Note: Other includes refinery gains, biofuels production, all stock withdrawals, and other domestic sources of liquid fuels.

The U.S. Energy Information Administration’s Annual Energy Outlook 2014 Reference case shows that recent growth in domestic crude oil and natural gas production is expected to continue for many years.

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