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Energy Review Paper

Decent Essays

U.S. Department of Energy. 2017a. “September 2017 Monthly Energy Review.” Washington, DC: U.S. Energy Information Administration, 2017. Accessed Oct. 17.
A report from the U.S. Department of Energy through the Energy Information Administration detailed the most recent government statistics on national energy consumption, sources, and other information regarding energy production and usage. The primary purpose of the report is not to answer a specific question, but to provide accurate information on past and current economic and statistical usage of various forms of energy; including ethanol. The primary methods used for the findings lay within federal oversight of imports, energy companies, power plants, and other heavily regulated …show more content…

Based on the information in table 1.4a, one can determine that the average annual total petroleum imports for 2007 to 2016 is 23.8024 Quadrillion Btu. One can also determine that while the monthly price spent on gasoline is fairly low compared to the price of Residential electricity, at 15.71 dollars per million Btu (including taxes), it still suggests that gasoline represents a large part of consumer spending, and that consumers rely heavily on it. The report can also be extrapolated to infer that while the amount of overall carbon emissions in 2016 is lower than the average emissions between 2007 and 2016, it suggests that there is much room for improvement.

Babcock, Bruce, and Wei Zhou. “Impact on Corn Prices from Reduced Biofuel Mandates.” Center for Agricultural and Rural Development. 2013.:
The article sought to determine the impact of reduced government mandates regarding biofuel on corn prices. This is particularly important, not only to appease both petroleum industry representatives as well as organizations protecting hunger and public health initiatives, but also to create a stable environment in which the energy sector can grow and thrive. The researchers used a new model of corn and RIN--a term related to renewable energy products--markets, in order to predict the consequences of two possible ethanol

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