Domestic production satisfies 84% of US energy demand
According to the US Energy Information Administration (EIA), total US energy production reached 81.7 quadrillion British thermal units (quads) in 2013, enough to satisfy 84% of total US energy demand.
For the third year in a row, natural gas was the largest domestically produced energy resource. Together with other fossil fuels, it accounted for more than 75% of US energy production.
In total, the US consumed 97.5 quads of energy, 82% of which was fossil fuels. Renewable and nuclear energy accounted for 10% and 8% of US energy consumption, respectively.
The EIA has outlined that the share of US energy consumption supplied by domestic production has been increasing since 2005, when it was at its historical low point (69%). Since 2005, production of domestic resources has been increasing as a result of the application of technologies that can develop harder to produce resources. Simultaneously, reduced road travel, improved vehicle efficiency and competition among fuels for electric power generation have limited consumption of petroleum and coal.
Adapted from a press release by Emma McAleavey.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/02062014/domestic_production_meets_demand_636/
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