Energy Information Administration Budget Overview
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www.eia. gov 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
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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. - PowerPoint PPT Presentation
Transcript of Energy Information Administration Budget Overview
www.eia.govU.S. Energy Information Administration Independent Statistics & Analysis
Energy Information Administration Budget Overview
ForCouncil of Professional Associations on Federal Statistics
ByThomas D. Williams, M.B.A.Assistant Administrator, Resource & Technology Management
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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, COPAFSJune 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
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Data CollectionEIA’s surveys capture data on quantities, prices, inventories, and demand
Production Transmission and Distribution Consumption
Thomas Williams, COPAFSJune 7, 2013
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Energy Analysis and ForecastingProduce reports and analysis interpreting energy data
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, COPAFSJune 7, 2013
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EIA produces a variety of distinct products
2012 Web Traffic
Top Products Unique Visits Page Views
Energy Kids 1,991,946 10,949,907
Gasoline and Diesel Fuel Update 3,208,017 6,330,168
Short-Term Energy Outlook 759,045 5,863,962
Weekly Natural Gas Storage 960,294 2,893,320
Electric Power Monthly 396,831 1,573,266
Annual Energy Review 451,041 1,300,989
Natural Gas Weekly 553,122 919,512
This Week in Petroleum 446,514 878,094
Annual Energy Outlook 296,496 464,208
Natural Gas Monthly 104,919 460,437
Weekly Petroleum Status Report 291,219 442,044
Thomas Williams, COPAFSJune 7, 2013
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EIA’s budget overview
FY12 Enacted FY13 Enacted (w/ sequestration) FY14 Request $-
$20,000
$40,000
$60,000
$80,000
$100,000
$120,000
$140,000
$105,000 $99,508
$117,000
EIA Budgets FY 2012-2014 (in thousands)
Thomas Williams, COPAFSJune 7, 2013
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FY 2013 impacts from sequestration
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, COPAFSJune 7, 2013
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Distribution of EIA resources by function and sector
EIA Resources by Function, FY14 projected
Data Collection59%
Analysis & Forecasting
33%
Communications9%
EIA Resources by Function, FY 2014 projected
Distribution unchanged from 2012 program
Additional funds in the FY 2014 budget emphasize the consumption and efficiency sector, petroleum, natural gas, and international
Petrole
um
Natural G
asCoal
Renewable
s
Nuclear
Electric
ity
Consu
mption
& E
fficienc
y
Internati
onal
$-
$5
$10
$15
$20
$25
$30
$35
$40
Projected Changes in Resource Allocation by Sector, 2012 to 2014
2012 Actuals
2014 Projected
$ Million
Thomas Williams, COPAFSJune 7, 2013
FY 2014 EIA budget highlights: $117M requested
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$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 www.eia.gov
Thomas Williams, COPAFSJune 7, 2013
For more information
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U.S. Energy Information Administration home page | www.eia.gov
Short-Term Energy Outlook | www.eia.gov/steo
Annual Energy Outlook | www.eia.gov/aeo
International Energy Outlook | www.eia.gov/ieo
Monthly Energy Review | www.eia.gov/mer
Today in Energy | www.eia.gov/todayinenergy
Thomas Williams, COPAFSJune 7, 2013
