Report has renewable fuels lowering American oil demand through 2030

By Robert Pore
The Grand Island Independent
Posted Dec 17, 2008 @ 09:53 PM

GRAND ISLAND —
With the growth of renewable fuels, the U.S. Energy Information Agency (EIA) on Wednesday said that for the first time in more than 20 years, the government is projecting virtually no growth in U.S. oil consumption.

In its "Annual Energy Outlook 2009," EIA said along with increased use of renewable fuels, recently enacted CAFE standards and an assumed rebound in oil prices as the world's economy rebounds, it will keep U.S. oil use flat through 2030.

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