Energy Environmental Blog

EIA Forecasts 5% Industrial Demand Decline

Written by Vorys | Feb 11, 2009 10:05:08 AM

EIA has issued its Short-Term Energy Outlook for February 2009:  "The expectation of limited weather-driven consumption growth in the residential and commercial sectors in 2009 is outweighed by the implications of continued economic weakness in the industrial and electric power sectors. Consumption in the industrial and electric power sectors is expected to decline by 5.1 and 1.0 percent, respectively, in 2009."