Tag: oil consumption

A new report has been released by the EIA saying that our demand on oil is decreasing: U.S. oil consumption is expected to level off with virtually no growth between now and 2030 because of increases in energy efficiency, greater use of renewable fuels and an expected rebound in oil prices, the government said Wednesday. […]

The Senate Energy Committee has approved the ANWR bill to open up oil drilling in the northern parts of Alaska. WASHINGTON (Reuters) – The U.S. Senate Energy Committee voted on Wednesday to open Alaska’s Arctic National Wildlife Refuge to oil drilling as part of a broad budget bill to fund the federal government. Tapping the […]