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The Energy Information Administration (EIA) produces forecasts of energy supply and demand for the next 20 years using the National Energy Modeling System (NEMS)[1]. These forecasts are updated annually and published in the Annual Energy Outlook (AEO). EIA published a preliminary version of the AEO 2009 in December 2008, and updated the forecasts [...]

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March 27, 2009
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Laura Henderson (202) 621-2951
IER: Stop Ignoring Obvious Solution to Economic Woes
With trillion of dollars in resources lying in America’s offshore reserves, experts urge increased access

WASHINGTON, D.C. – Just days before the Department of Interior begins public hearings on expanding America’s offshore energy access, the Wall Street Journal reports that the U.S. [...]

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March 24, 2009
Laura Henderson (202) 621-2951

20 Years Later: Lessons from Exxon Valdez Teach Us That Better Technology, More Production Reduces Chances of Spills
WASHINGTON – Twenty years to the day after an oil tanker bound for Long Beach, Calif. struck Bligh Reef and simultaneously spawned the modern-day environmental movement, the Institute for Energy [...]

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March 18, 2009
CONTACT:
Laura Henderson (202) 621-2951
We Hate to Say We Told You So….
Canadian Energy Industry to Target Asian Trade, Avoid New U.S. Regulations
WASHINGTON, D.C. – In response to a Globe and Mail report that indicated that Canadian energy producers will increasingly look to Asia to sell their energy resources thanks to President Obama’s [...]

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Energy makes modern society possible. It lights the night, heats our homes, powers our entertainment, and most importantly, it helps us conserve the ultimate non-renewable resource—time. Energy amplifies our ability to do work. Machines help autoworkers assemble cars, power tools help construction workers build our homes, gasoline-powered automobiles help us take care of [...]

For the third time in the past 5 months The Washington Post has called for new taxes on energy. This time the Post is calling for a carbon tax because cap-and-trade regimes for greenhouse gas emissions are flawed. According to the Post:
Cap-and-trade regimes have advantages, notably the ability to set a limit on emissions and [...]

FOR IMMEDIATE RELEASE
February 18, 2009
CONTACT:
Laura Henderson (202) 621-2951
IER: Access to Affordable Energy Essential to Any Successful Economic Recovery Plan
IER reminds President, Congress that American energy development is the “ultimate shovel-ready project”

WASHINGTON, D.C. – Institute for Energy Research (IER) president Thomas J. Pyle issued the following statement this afternoon in advance of President Obama’s primetime address [...]

FOR IMMEDIATE RELEASE
February 18, 2009
CONTACT:
Laura Henderson (202) 621-2951
IER: Embrace Canadian Energy
Washington, D.C. – The Institute for Energy Research (IER) today released the following fact sheet on the important energy trade relationship between the United States and Canada in advance of the President’s trip there tomorrow. President Obama should resist the call from some organizations [...]

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Last December, California released a draft low carbon fuel standard (LCFS) which calls for a 10.5 percent reduction in the carbon intensity of gasoline and a 10 percent reduction for diesel. Following California’s lead, representatives of 11 Northeastern states recently signed an agreement to pursue a region-wide low-carbon fuel standard.
The proponents of [...]

Myth: There’s not enough energy in the outer continental shelf (OCS) to make exploration worthwhile.

Fact: The Minerals Management Service (MMS) estimates that the OCS contains 86 billion barrels of oil and 420 trillion cubic feet of natural gas. These estimates are likely very conservative, as bans on offshore leasing have made it illegal to explore [...]