Author: WeWorldMedia-admin

EIA forecasts world oil consumption growth to slow amid less economic activity

Published: 15 May 2025
Categories: US Energy Information Administration

RSS feed source: US Energy Information Administration

In-brief analysis

May 15, 2025

Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), May 2025, and Oxford Economics
Note: Excludes 2020 and 2021 as outlier years because of the COVID-19 pandemic.

We forecast consumption growth of crude oil and other liquid fuels will slow over the next two years, driven by a slowdown in economic growth, particularly in Asia, in our May Short-Term Energy Outlook (STEO).

The world economy, measured by GDP, increases 2.8% in 2025 and 2026 in our forecast. Excluding the years of global economic contraction in 2020 and 2009, these economic growth rates would be the lowest since 2008. Considerable uncertainty over world trade, manufacturing, and investment points to downside risk in economic growth, which has a direct effect on oil consumption.

Economic activity uses energy. Increases in population,

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U.S. electricity prices continue steady increase

Published: 14 May 2025
Categories: US Energy Information Administration

RSS feed source: US Energy Information Administration

In-depth analysis

May 14, 2025

Retail electricity prices have increased faster than the rate of inflation since 2022, and we expect them to continue increasing through 2026, based on forecasts in our Short-Term Energy Outlook. Parts of the country with relatively high electricity prices may experience greater price increases than those with relatively low electricity prices.

Overall, U.S. energy prices rapidly increased from 2020 to 2022 as economic activity recovered after the worst of the pandemic and Russia’s invasion of Ukraine interrupted energy supply chains. Since 2022, nominal prices for many fuels have declined, particularly for those such as gasoline and heating oil that are tied more closely to crude oil prices, which are affected by international markets. Electricity prices, though, have continued a steady increase.

Regions with already high electricity prices may see larger increases

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Preparing science educators to use and teach AI in the classroom

Published: 13 May 2025
Categories: National Science Foundation

RSS feed source: US Energy Information Administration

An interdisciplinary team of researchers funded by the U.S. National Science Foundation has created a teacher-driven curriculum called Shark AI. This optional online program introduces Florida middle school teachers and students to artificial intelligence through the science of paleontology. With Shark AI, science teachers learn how to incorporate AI and machine learning concepts into their classrooms to help their students build essential skills and prepare for 21st-century STEM careers.

“Most K-12 AI learning occurs with computer science standards and learning goals,” said Bruce MacFadden, University of Florida (UF) distinguished professor and principal investigator (PI) on the project. “Shark AI takes a novel approach by using AI to teach concepts that are connected to biology, paleontology and the nature of science, while at the same time connecting to computer science education goals as well,” he said.

Image showing the Google Teachable Machine model built to identify fossils. Students use this free, online machine learning tool to create their own models to classify fossil shark teeth.

Developed with and for teachers, Shark AI is a free, optional online curriculum with five flexible modules — all aligned with middle school science standards — that teachers can choose to integrate into their instruction plans. The lessons aim to demystify AI by teaching students about data collection and

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