Energy Outlook 2009: Over A Barrel

摘要

For the first time in more than 20 years, the U.S. Department of Energy's annual energy outlook for the rest of this year is projecting virtually no growth in U.S. oil consumption, according to a study conducted by the Energy Information Administration, a statistical and analytical agency within the DOE. This flat oil consumption will likely affect the energy costs meat and poultry producers and processors will face in producing their products during the coming year.rnIn projecting costs, the U.S. Department of Energy cites recently enacted CAFE (corporate average fuel economy) standards meant to improve the fuel economy of vehicles, including trucks used by meat and poultry processing companies in their businesses, requirements for increased use of renewable fuels and an assumed rebound in oil prices as the U.S. and world economy begins recoveringrnfrom the current economic malaise, possibly later this year or in 2010.