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Www.eia.gov U.S. Energy Information Administration Independent Statistics & Analysis Energy Information Administration Budget Overview For Council of Professional.

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Presentation on theme: "Www.eia.gov U.S. Energy Information Administration Independent Statistics & Analysis Energy Information Administration Budget Overview For Council of Professional."— Presentation transcript:

1 U.S. Energy Information Administration Independent Statistics & Analysis Energy Information Administration Budget Overview For Council of Professional Associations on Federal Statistics By Thomas D. Williams, M.B.A. Assistant Administrator, Resource & Technology Management

2 2 Mission: EIA collects, analyzes, and disseminates independent and impartial energy information to promote sound policymaking, efficient markets, and public understanding regarding energy and its interaction with the economy and the environment EIA is the Nation’s premier source of energy information and, by law, its data, analyses, and forecasts are independent of approval by any other officer or employee of the United States Government Thomas Williams, COPAFS June 7, 2013 EIA has a responsibility to provide data and analysis to help stakeholders understand the rapidly changing energy sector: Domestic oil and gas production and transportation infrastructure build out Globalization of refined products and commodity markets Increasing efficiency of vehicles and buildings Shifting electricity supply sources Source: Annual Energy Outlook 2013 Early Release

3 Data Collection EIA’s surveys capture data on quantities, prices, inventories, and demand 3 Production Transmission and DistributionConsumption Thomas Williams, COPAFS June 7, 2013

4 Energy Analysis and Forecasting Produce reports and analysis interpreting energy data 4 Short-Term Energy Outlook (monthly) Forecasts U.S. supplies, demands, imports, stocks, and prices of energy with a horizon of 12 to 24 months Annual Energy Outlook Presents 25- to 30-year projection and analysis of U.S. energy supply, demand, and prices International Energy Outlook Assesses international crude, liquid fuel, and natural gas markets Ad Hoc Reporting and Analysis Reports for Congress and key stakeholders (e.g. fossil fuel production on federal and Indian lands) Long-term natural gas projections Source: Annual Energy Outlook 2013 Early Release Short-term Gasoline and Oil forecasts Thomas Williams, COPAFS June 7, 2013

5 EIA produces a variety of distinct products Web Traffic Top ProductsUnique VisitsPage Views Energy Kids1,991,94610,949,907 Gasoline and Diesel Fuel Update3,208,0176,330,168 Short-Term Energy Outlook759,0455,863,962 Weekly Natural Gas Storage960,2942,893,320 Electric Power Monthly396,8311,573,266 Annual Energy Review451,0411,300,989 Natural Gas Weekly553,122919,512 This Week in Petroleum446,514878,094 Annual Energy Outlook296,496464,208 Natural Gas Monthly104,919460,437 Weekly Petroleum Status Report291,219442,044 Thomas Williams, COPAFS June 7, 2013

6 EIA’s budget overview 6 Thomas Williams, COPAFS June 7, 2013

7 FY 2013 impacts from sequestration 7 Sequestration reduced EIA’s operating budget by $5.5M, but careful planning in late-2012 and a conservative operational approach in the first half of FY 2013 minimized impacts: Onboard employees experienced no furloughs 10 federal position hires were delayed Two contracts (31contractor positions) were deferred –Several analytic activities were put on hold –Upgrades to EIA’s weekly oil and natural gas inventory reports were deferred Thomas Williams, COPAFS June 7, 2013

8 Distribution of EIA resources by function and sector 8 Distribution unchanged from 2012 program Additional funds in the FY 2014 budget emphasize the consumption and efficiency sector, petroleum, natural gas, and international Thomas Williams, COPAFS June 7, 2013

9 FY 2014 EIA budget highlights: $117M requested 9 $17.5 million increase over the FY 2013 appropriations would enable the following activities: Complete the 2012 Commercial Buildings Energy Consumption Survey (CBECS) and launch the 2014 Residential Energy Consumption Survey (RECS) Implement National Academy of Sciences recommendations to improve the processes for RECS and CBECS Continue modernizing and streamlining data collection processes, including upgrades to the market-moving weekly inventory reports Expand energy modeling and analysis capabilities, with an emphasis on international energy markets Enhance the energy and financial markets initiative Improve customer access to EIA information through Thomas Williams, COPAFS June 7, 2013

10 For more information 10 U.S. Energy Information Administration home page | Short-Term Energy Outlook | Annual Energy Outlook | International Energy Outlook | Monthly Energy Review | Today in Energy | Thomas Williams, COPAFS June 7, 2013

11 11 Back Up Thomas Williams, COPAFS June 7, 2013

12 EIA’s budget overview 12 The EIA budget request responds to the growing need for reliable energy information by the Congress, the Executive Branch, states, industry, the public, and other customers Thomas Williams, COPAFS June 7, 2013


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