Two geothermal companies have announced plans to
conduct a demonstration of Enhanced Geothermal Systems
technology in Oregon in a project co-funded by DOE. The
companies will seek to extract energy from the Newberry
Volcano, a 500-square-mile dormant volcano.
Fossil fuels provide more than 85% of all the energy consumed in the US, nearly two-thirds of our electricity, and virtually all of our transportation fuels. (Source: DOE)
The United States makes up 5% of the world's population and accounts for 25% of total energy use.
55 of the world's 65 largest oil producing countries are past their production peaks and in decline.
Crude oil, taxes, refining, distribution and marking are the four main components that make up the retail price of a gallon of gasoline. (Source: EIA)
In 2007, renewable sources of energy accounted for about 7% of total U.S. energy consumption and 9.4% of electricity generation. (Source: EIA)
