Will America continue to see its energy costs rise? Well according to a new report by the Energy Information Administration the answer is no, as steady supplies of coal, gas and electricity should keep pace with demand. Comments CEI’s Ben Lieberman: “The federal government recently released its Energy Outlook 2005, and it paints a surprisingly optimistic picture. With regard to petroleum they expect the inflation-adjusted price to stay below $2.00 per gallon for many years, and with natural gas they expect to see homeowners paying less in 2025 than they are paying today. Overall, the government does not foresee a future of bargain-basement energy costs, but it does expect gasoline and electricity to remain very affordable.”
Future energy costs
By
|2005-03-03T00:00:00-05:00March 3rd, 2005|Comments Off on Future energy costs