US Using Less Energy, Producing More

Wednesday, 26 Dec 2012 04:08 PM

By Stephen Feller

Share:
More . . .
A    A   |
   Email Us   |
   Print   |
As the U.S. energy industry increases production, the country itself also is using less energy, a new report shows.

New data released Wednesday by the Energy Information Agency shows that pushes both for more fossil fuel drilling and more efficient use of energy are possibly having the effects that advocates on both sides hope for.

Energy production rose 2 percent between January and September of 2012, as compared with the same time frame in 2011. Fossil fuel production increased by 3.14 percent, although renewable energy production dropped 2.8 percent.

On the flip side, total consumption by the country fell by three percent. Broken down, transportation use decreased by 1.2, industry use fell by 1.5 percent, and residential and commercial use is down by 5.2 percent.

Both debates are expected to heat up in 2013 as many energy industry groups continue their push to open more federal lands to drilling for oil and natural gas, including the increased use of fracking.

That tactic — injecting a mix of water and chemicals into the ground to get to fossil fuel deposits — has helped sharply increase U.S. energy production in recent years.

Efficiency groups also expect to see vehicle and construction requirements help consumption levels continue to drop, reports The Hill.
 
 
 

© 2013 Newsmax. All rights reserved.

Share:
More . . .
   Email Us   |
   Print   |
Around the Web
 
Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Facebook
Twitter
Google Plus
Top Stories
Around the Web
You May Also Like

CBS Joins Fox in Threat to Move to Cable

Wednesday, 10 Apr 2013 14:18 PM

CBS is joining the Fox network in threatening to take their broadcasts off the airwaves if Internet startup Aereo Inc. c . . .

5 Firefighters Taken Hostage in Georgia

Wednesday, 10 Apr 2013 17:44 PM

A gunman has barricaded himself inside a home and is holding five firefighters hostage in Suwanee, Georgia, authorities  . . .

Web Strategist: Internet Pushing Most Americans Into Self-Employment

Wednesday, 10 Apr 2013 17:19 PM

The World Wide Web has led to the downsizing of businesses to such a startling degree that most Americans will eventuall . . .

 
 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved