06 May 2011The U.S. Energy Information Administration released the full version of its Annual Energy Outlook 2011. The report addresses a wide variety of energy markets and industries, including those related to biofuels.
Key findings of the report project that the U.S. will be less reliant on imported liquid fuels in the future. This is primarily attributed to increased domestic production of fuels - including biofuels - and greater fuel efficiency. According to information released by the EIA, total U.S. consumption of liquid fuels, including both fossil and biofuels, is expected to increase from approximately 18.8 million barrels per day in 2009 to 21.9 million barrels per day in 2035. “The import share, which reached 60 percent in 2005 and 2006 before falling to 51 percent in 2009, falls to 42 percent in 2035,” said the EIA in a press release.
http://bioenergy.checkbiotech.org/news/eia_releases_its_annual_energy_outlook_2011
