ABSTRACT

Energy: Selected Facts and Numbers [Updated July 24, 2007]   [open pdf - 212KB]

"Energy supplies and prices are major economic factors in the United States, and energy markets are volatile and unpredictable. Thus, energy policy has been a recurring issue for Congress since the first major crisis in the 1970s. As an aid in policy making, this report presents a current and historical view of the supply and consumption of various forms of energy. The historical trends show petroleum as the major source of energy, rising from about 38% in 1950 to 45% in 1975, then declining to about 40% in response to the energy crisis of the 1970s. Significantly, the transportation sector has been and continues to be almost completely dependent on petroleum, mostly gasoline. Natural gas followed a similar pattern at a lower level, increasing its share of total energy from about 17% in 1950 to more than 30% in 1970, then declining to about 20%. Consumption of coal in 1950 was 35% of the total, almost equal to oil, but it declined to about 20% a decade later and has remained at about that proportion since then. Coal currently is used almost exclusively for electric power generation. Nuclear power started coming online in significant amounts in the late 1960s, and by 1975, in the midst of the oil crisis, was supplying 9% of total electricity generation. However, increases in capital costs, construction delays, and public opposition to nuclear power following the Three Mile Island accident in 1979 curtailed expansion of the technology, and many construction projects were cancelled."

Report Number:
CRS Report for Congress, RL31849
Author:
Publisher:
Date:
2007-07-24
Series:
Copyright:
Public Domain
Retrieved From:
Via E-mail
Format:
pdf
Media Type:
application/pdf
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