January 2010 was a cold month for many people in the United
States, particularly in the Southeast. The need for extra
power and natural gas for heating caused natural gas spot
prices to soar in early January, but prices are expected to be
lower for the majority of the coming year.
In 2007, the average monthly residential electricity consumption was 936 kWh. (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)
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)
55 of the world's 65 largest oil producing countries are past their production peaks and in decline.
In 2007, about 58% of the petroleum consumed in the U.S. was imported from foreign countries--primarily Canada, Saudia Arabia, Venezuela, Mexico and Nigeria. (Source: EIA)
