The United States Was Energy Independent in 2019 for the First …
WEBMay 11, 2020 · The United States Was Energy Independent in 2019 for the First Time Since 1957. By IER. May 11, 2020. Contact The Expert. U.S. energy production in 2019 was higher than U.S. energy consumption for the first time in 62 years. Thus, the U.S. attained the long-held goal of “energy independence”—which is not to say that we did not import or ...
History of Electricity - IER
WEBIn 1882, with J.P. Morgan funding his efforts, Edison launched the businesses that would later be known as General Electric. In September of that year, he opened the United States’ first central power plant in lower Manhattan—the Pearl Street Station. Pearl Street was a stroke of genius.
The Environmental Impact of Lithium Batteries - IER
WEBNov 12, 2020 · During the Obama-Biden administration, hydraulic fracturing was accused of causing a number of environmental problems—faucets on fire, contamination of drinking water, etc.—but the administration’s own Environmental Protection Agency could not validate those accusations.. Now Biden is planning to transition the transportation sector to electric vehicles that are powered by lithium ...
The Institute for Energy Research
WEB3 days ago · Even top Democrats and Elon Musk have started to realize that we need to support domestic energy production to help keep prices low for American consumers. A first-of-its-kind research tool that shines a long overdue spotlight on the money that is fueling the massive national environmental lobby ...
Electricity Distribution - IER
WEBDistribution is essentially the retail end of the electricity business. Currently, distribution makes up roughly 32 percent of the total cost of electricity—out of the 9.9 cents/kilowatt-hour (kWh) that Americans paid for electricity on average in 2012, distribution accounted for about 3.1 cents/kWh. [17]
Electricity Transmission - IER
WEBThe Economics of Electricity Transmission. Transmission makes up roughly 11 percent of the total cost of electricity. In 2012, the Energy Information Administration estimated that transmission cost 1.1 cents/kilowatt-hour (kWh), out …
Fossil Fuels - IER
WEBFossil fuels - coal, petroleum oil, and natural gas - are concentrated organic compounds found in the Earth's crust. Fossil fuels make modern life possible. The Institute for Energy Research conducts in-depth economic and policy research on energy and environmental issues. The follow studies provide an extensive analysis of fossil fuels as an ...
Price Controls and the 1970s Oil Crisis: Lessons for Today
WEBOct 24, 2023 · The 1970s “Energy Crisis” was in full swing. While shortages were blamed on Big Oil at home and OPEC abroad, the real culprit was federal price and allocation controls. President Richard Nixon’s August 1971 declaration of a 90-day freeze of wages and prices, intended to check price inflation then running near 4 percent (one-half of 2022 ...
Idled U.S. Refineries Not Likely to Come Back Online
WEBJuly 5, 2022. Contact The Expert. President Biden wants refineries to produce more gasoline to help lower gasoline prices, but operating refineries are running at full capacity and idled refineries are unlikely to bear the high recommissioning costs to come back on line, according to IHS Markit analysis. About 375,000 barrels per day of the 1. ...
History of Solar Power - IER
WEBFeb 18, 2016 · The history of solar power is not as recent as some may think as the technology has existed since the 19th century and has received substantial government support since at least the 1970s. Despite vast amounts of subsidies, solar power comprises less than 1 percent of US electricity generation [1] …