Tuesday, July 27, 2021
Home Climate411 EIA predicts energy recovery from Covid

EIA predicts energy recovery from Covid

-

“The October Short-Term Energy Outlook (STEO) remains subject to heightened levels of uncertainty because mitigation and reopening efforts related to COVID-19 continue to evolve. Reduced economic activity related to the COVID-19 pandemic has caused changes in energy demand and supply patterns in 2020 and will continue to affect these patterns in the future. This STEO assumes U.S. gross domestic product (GDP) declined by 4.4% in the first half of 2020 from the same period a year ago. It assumes that GDP will rise beginning in the third quarter of 2020, and will grow 3.5% year-over-year in 2021.”

- Advertisment -

Related Articles

Younger Dryas Myth-Busting: Flash-Frozen Mammoths Edition

Guest “Pleistocene elephant hunting” by David Middleton “The body of this mammoth was found perfectly preserved in the Siberian tundra with food still in...

Hubble Finds First Evidence of Water Vapor at Jupiter’s Moon Ganymede

For the first time, astronomers have uncovered evidence of water vapor in the atmosphere of Jupiter's moon Ganymede. This water vapor forms when ice...

Claim: 1972 Club of Rome End of World Prediction Still on Track, Thanks to Climate Change

Apparently if you adjust a few factors and squint just right, the 1972 Limits to Growth is a remarkably good fit for the doomed...