Energy and Natural Resources
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Report
Testimony on Federal Support for Developing, Producing, and Using Fuels and Energy Technologies
March 29, 2017Terry Dinan, senior advisor for CBO’s Microeconomic Studies Division, testifies before the House Committee on Energy and Commerce’s Subcommittee on Energy on federal support for developing, producing, and using fuels and energy technology.
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Options for Increasing Federal Income From Crude Oil and Natural Gas on Federal Lands
April 19, 2016In this report, CBO analyzes how the government manages access to oil and natural gas on federal lands and eight policy options that could modestly increase federal income from oil and gas leasing without significantly reducing production.
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Federal Support for the Development, Production, and Use of Fuels and Energy Technologies
November 18, 2015In fiscal year 2015, the federal government supported the development, production, and use of fuels and energy technologies through tax preferences totaling $15.8 billion and spending by the Department of Energy totaling $5.4 billion.
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Testimony on the Renewable Fuel Standard: Issues for 2015 and Beyond
November 3, 2015Terry Dinan, Senior Advisor for CBO’s Microeconomic Studies Division, testifies on the Renewable Fuel Standard before the House Committee on Science, Space, and Technology’s Subcommittee on Oversight and Subcommittee on Environment.
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The Economic and Budgetary Effects of Producing Oil and Natural Gas From Shale
December 9, 2014CBO estimates that the development of shale resources will increase GDP by about two-thirds of 1 percent in 2020 and about 1 percent in 2040; the increases in GDP will lead to slightly larger percentage increases in federal revenues.
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The Renewable Fuel Standard: Issues for 2014 and Beyond
June 26, 2014Using the rising amounts of renewable transportation fuels required by the Renewable Fuel Standard will be difficult. CBO looks at how those requirements and alternatives would affect fuel and food prices and greenhouse gas emissions.
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Effects of Federal Tax Credits for the Purchase of Electric Vehicles
September 20, 2012CBO’s report assesses how the credits affect the relative cost of owning an electric vehicle, and how cost-effectively the credits reduce gasoline consumption and greenhouse gas emissions.
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Potential Budgetary Effects of Immediately Opening Most Federal Lands to Oil and Gas Leasing
August 9, 2012CBO estimates that, under current laws and policies, the government’s gross proceeds from all federal oil and gas leases on public lands will total about $150 billion over the next decade.
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Federal Efforts to Reduce the Cost of Capturing and Storing Carbon Dioxide
June 28, 2012CBO’s analysis suggests that the projected high cost of using CCS means that current federal programs are unlikely to support widespread use of the technology. The study discusses several other options that lawmakers might consider.
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Energy Security in the United States
May 9, 2012Improving energy security—the ability of U.S. households and businesses to accommodate disruptions of supply in energy markets—requires considering policies related to the nation’s supply of and demand for oil.
