Federal tax credits and state requirements will help renewable
energy gain a growing share of U.S. power production over
the next 24 years, according to a new report from DOE's
Energy Information Administration (EIA). Also, producing more
natural gas from shale will spur growth in that resource.
Estimated energy demand is charted to grow by almost 50% in the next 20 years.
Electricity generation accounts for about 40% of total U.S. energy consumption. (Source: Institute for 21st Century Energy)
The United States makes up 5% of the world's population and accounts for 25% of total energy use.
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)
55 of the world's 65 largest oil producing countries are past their production peaks and in decline.
