Washington, DC – Thomas J. Pyle, president of the Institute for Energy Research (IER), issued the following statement today on news that the Supreme Court has rejected an Interior Department request to reconsider a lower court ruling regarding oil and gas leases in the Gulf of Mexico: “It doesn’t take an advanced legal mind to [...]

FOR IMMEDIATE RELEASE September 16, 2009 Contact: Patrick Creighton, 202.870.0850 Laura Henderson, 202.621.2951 IER: Rahall Bill a Continuation of Failed Energy Policies From Washington ‘Energy’ hearing to focus on extending de facto offshore energy production ban, New bill will increase foreign energy dependence Washington, DC – Prior to part one of a two-day hearing on [...]

FOR IMMEDIATE RELEASE August 26, 2009 Contact: Patrick Creighton, 202.870.0850 Laura Henderson, 202.380.5758 IER: 150th Anniversary of Drake’s Well Should Renew America’s Leadership to Access, Deliver Energy After world-leading efforts a century and a half ago, U.S. energy priorities must be refocused on increasing supply, stabilizing costs Washington, DC – One hundred and fifty years [...]

FOR IMMEDIATE RELEASE August 6, 2009 Contact: Patrick Creighton, 202.870.0850 Laura Henderson, 202.621.2951 China, Russia, Cuba, Brazil Advance Robust, Supply-Focused Energy Policy In Washington, Senate panel looks for new ways to ration, constrict American energy Washington, DC – As our chief global competitors continue to expand their access to job-creating, economy-strengthening energy resources, the U.S. [...]

Since he took office, Secretary of Interior Salazar has aggressively limited domestic energy production from efficient sources of energy. He revoked oil and gas leases in Utah, delayed taking action to open up additional areas for offshore energy development, and halted a program to allow commercial oil shale leasing. All of these programs would have [...]

People, personalities, policies, drapes–just a few of the things the American people have come to expect will change from year to year, and from administration to administration, depending on the philosophy, interest and artistic sensibility of the chief executive. Here’s what’s not supposed to change: the facts of existence, and the substance of the truth. [...]

FOR IMMEDIATE RELEASE July 24, 2009 Contact: Patrick Creighton, 202.870.0850 Laura Henderson, 202.621.2951 Biden Promotes Free-Market Energy Principles Abroad Will He Check Those Beliefs on Air Force Two? Washington, DC – Vice President Joe Biden recently told Ukrainian officials how they could strengthen their country by altering their energy policies. Ironically, Biden’s message dovetails perfectly [...]

FOR IMMEDIATE RELEASE July 21, 2009 Contact: Patrick Creighton, 202.870.0850 Laura Henderson, 202.621.2951 California Drilling: Progress or Economic Self Destruction? Efforts to expand offshore production come with Sacramento’s heavy hand, and a wink and a nod from the enviros Washington, DC – Thomas J. Pyle, President of the Institute for Energy Research (IER), issued the [...]

FOR IMMEDIATE RELEASE July 8, 2009 CONTACT: Laura Henderson, 202.621.2951 Patrick Creighton, 202.621.2947 Supply, Not Speculation, Responsible For Volatile Energy Prices Latest CFTC Action a Diversion from the Real Cause, Supply and Demand WASHINGTON – This week, the Commodities Futures Trading Commission (CFTC) unveiled a new plan for government takeover of how energy commodities are [...]

Updated February 2nd, 2010 Download PDF (289KB) 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).[2] All sectors of the energy system are represented in NEMS, including [...]