Abstract This paper investigates the sensitivity of U.S. economic performance to oil price changes, accounting for changes in the domestic petroleum supply-demand balance over the last decade. A non-linear (asymmetric) autoregressive distributed lag (NARDL) model is used to estimate the U.S. GDP...

Prospects for the cellulosic biofuel industry are unclear. The EPA has repeatedly lowered production requirements under the Renewable Fuels Standard (RFS-2) to reflect the limited investment in cellulosic biorefineries. The elimination of the VEETC tax credit and of the import tax for Brazilian...

Federal hydropower plants account for approximately half of installed US conventional hydropower capacity, and are an important part of the national renewable energy portfolio. Utilizing the strong linear relationship between the US Geological Survey WaterWatch runoff and annual hydropower...