WASHINGTON — The Energy Information Administration’s (EIA) short-term energy outlook for November indicates that the current economic downturn has led to a decrease in energy demand and a reduction in crude oil and other energy prices. As a result, projections for both energy demand and prices are much lower than last month’s outlook.
WASHINGTON — The Energy Information Administration (EIA), the government's energy statistical arm, released its short-term energy outlook Aug. 12, reporting a slight decrease in the price of natural gas as well as gasoline and diesel fuel.