What the US Energy Information Administration Is:
The Energy Information Administration (EIA) is an independent statistical agency of the U.S. Department of Energy (DOE)
. It was created by Congress in 1977 to support the governments decision-making ability by providing policy-neutral data.
What the US Energy Information Administration Does:
The EIA provides energy data, forecasts, and analyses that can be used to understand how energy is used in the U.S. Its reports covers oil and gasoline, natural gas, coal, electricity, nuclear energy and alternative fuels
. It provides up to date information about prices, supply
, reserves, production and estimated demand
. It also provides both short-term and long-term forecasts of energy use, supply and prices.
How the U.S. Energy Information Administration Affects the U.S. Economy:
The EIA provides the data needed by the DOE to make policy decisions. It also provides analyses to Congress to help make decisions on important energy and conservation bills.
How the US Energy Information Administration Affects You:
The EIA web site is a great place to learn anything youd ever want to know about how energy is used in this country. It has everything from an easy-to-use introduction to energy use to complicated Congressional analyses. The energy prices and forecasts can help you make good decisions about what type of car to buy, what heating system would be effective for your home, and which states would be the cheapest places in terms of home heating costs.