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Lower residential energy use reduces home energy expenditures as share of household income

Consumers spent 2.7% of their household income on home energy bills last year, the lowest percentage in 10 years. Aggregate home energy expenditures by U.S. households fell $12 billion in 2012 from the 2011 level. In 2012, prices for residential natural gas decreased 3% from the previous year, while household electricity prices stayed about the same. Warmer weather contributed to lower energy consumption in 2012, and because household energy expenditures reflect both prices and consumption, these changes resulted in lower household energy expenditures. Continue reading

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RANsquawk – DAILY ENERGY COMMENTARY 16/04/13

WTI crude futures have recovered from overnight lows, underpinned by a weaker dollar and bargain hunting. This followed heavy selling over the last few days, which saw WTI fall to its lowest level since mid-December…. Continue reading

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Natural Gas Prices Hit 19-Month Highs

Biggest Storage Withdrawals on RecordBenchmark U.S. natural-gas prices rose to 19-month highs over the past week in the wake of the highest storage withdrawals on record for March, the Energy Information Administration said. Henry Hub gas as of April 10 was $4…. Continue reading

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Bioheat(R) Fuel Continues to ‘Warm’ New York by Awarding $30,000 in Charity Grants

Continuing its trend of warming up New York, the National Biodiesel Board today announced the winners of its NYC Proud 2B2 Renewable Warmup campaign. To celebrate New York City's adoption of a 2% biodiesel … Continue reading

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Global Biofuels Production Will Reach Nearly 62 Billion Gallons by 2023, Forecasts Navigant Research

After more than a decade of healthy growth for conventional biofuels like ethanol and biodiesel , the next wave of advanced biofuels is nearing commercialization. The pool of commercially available biomass-derived fuels is expanding to include advanced fuels derived from non-food feedstocks and drop-in synthetic substitutes for gasoline, diesel, and kerosene-based jet fuel. Continue reading

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From Lab to Market: DOE’s America’s Next Top Energy Innovator Program

From Lab to Market: DOE's America’s Next Top Energy Innovator Program

America’s Next Top Energy Innovator Program is unleashing the National Labs’ unlicensed patents for use by startups — and helping build businesses and bring energy technologies from the lab to the marketplace.

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Ultra-Low Sulfur Diesel Futures Contract Replaces Heating Oil

UltraLow Sulfur Diesel Futures Contract Replaces Heating Oil Bloomberg CME Group Inc. (CME)'s heating oil contract on the New York Mercantile Exchange has been renamed ultralowsulfur-diesel futures after the April Continue reading

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Submit Your Home Energy Efficiency Questions Now for Earth Day Google+ Hangout

Submit Your Home Energy Efficiency Questions Now for Earth Day Google+ Hangout

Whether you want to know if you would benefit from air sealing or how to install solar panels on your home, residential energy efficiency and renewable energy experts will be on hand on April 22 to answer your home efficiency questions.

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Manufacturing sector energy use and energy intensity down since 2002

Total energy consumption in the manufacturing sector decreased by 17 percent from 2002 to 2010, according to data released today by the U.S. Energy Information Administration. Continue reading

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U.S. energy intensity projected to continue its steady decline through 2040

In the United States, energy intensity has been declining steadily since the early 1970s and continues to decline in EIA’s long-term projection. A country’s energy intensity is usually defined as energy consumption per unit of gross domestic product (GDP). Continue reading

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