摘要: |
This report responds to a May 2, 2005, letter from Chairman Pete Domenici and Ranking Member Jeff Bingaman requesting that the Energy Information Administration (EIA) perform an assessment of the energy supply, consumption, import, price, and macroeconomic impacts of H.R. 6, the Energy Policy Act of 2005, as passed by the U.S. House of Representatives on April 21, 2005 (H.R. 6 EH). The impacts of the H.R. 6 EH provisions analyzed are estimated by comparing the results of a simulation with all of the provisions that can be modeled with the National Energy Modeling System (NEMS) based on an updated reference case of the Annual Energy Outlook 20051 (AEO2005). Overall, the H.R. 6 EH provisions analyzed in this report have a modest impact on energy production, imports, oil prices, overall energy consumption, and economic growth. |