EIA Annual Report Says U.S. O&G Use Will Grow Each Year Thru 2050

Yesterday our favorite government agency, the U.S. Energy Information Administration (EIA), released its “Annual Energy Outlook 2022.” One of the main findings of this latest look forward is that the use of oil and natural gas will grow steadily and gradually from now until 2050--over the next 30 years. Renewables (solar and wind) will grow too, but fossil energy will remain completely dominant for the next generation (and likely longer). Surprised? We're not.

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