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Energy Information Administration Short-Term Energy Outlook – June 2005 Monthly average WTI prices are projected to remain above $50 per barrel for the rest of 2005 and 2006. Several factors are contributing to the expectation of continued high crude oil prices. First, worldwide petroleum demand growth is projected to remain robust during 2005 and 2006, although not as strong as in 2004, despite high projected oil prices. Worldwide oil demand is projected to grow at an annual average of 2.1 million barrels per day in 2005 and 2006, representing a 2.5-percent annual average growth rate compared with 3.2 percent growth...

WASHINGTON Apr 15, 2005 — Mandatory limits on all U.S. emissions of carbon dioxide and other "greenhouse" gases would not significantly affect average economic growth rates across the country through 2025, the government's says. That finding by the Energy Information Administration, an independent arm of the Energy Department, runs counter to President Bush's repeated pronouncements that limits on carbon dioxide and other gases that warm the atmosphere like a greenhouse would seriously harm the U.S. economy. Bush has proposed ways of slowing the growth rate in U.S.-produced greenhouse gases and methods to reduce emissions of methane internationally. But he rejected...

<p>WASHINGTON (Reuters) -- As the U.S. summer vacation season winds down, Americans face a surge in gasoline prices, the government warned on Wednesday.</p> <p>Pump prices have increased 5.5 cents a gallon nationally over the last two weeks, the Energy Information Administration said in its weekly review of the oil market.</p>