Video asset 4027 full

This video is no longer available to watch. Please read its transcript instead.

Read Read Transcript Email Today's Edition Today's Edition


Energy Policy

EIA's Caruso explains agency's long-term forecast for oil, coal and renewables

Analysts at the Energy Information Administration recently released their Annual Energy Outlook, predicting higher oil prices and a decrease in demand for natural gas during the next 25 years. During today's OnPoint, EIA Administrator Guy Caruso explains the report's findings, including why coal will play an increasing important role for future electricity generation. Caruso also discusses potential growth in wind and solar power, fuel cells and nuclear energy, and how the Energy Policy Act of 2005 will influence energy markets well into the future.