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There's some interesting new data out on recent shifts in electricity demand and consumption, courtesy of the DOE/EIA.
In 2008, total U.S. power generation was 4.1 million GWh. In 2009, that fell by 4 percent, to 3.9 million. That's a 4 percent reduction -- clearly the result of the economic slowdown. Nothing surprising there.
What's interesting, though, is how generation shifted by fuel type. Over the same year, coal-fired power generation fell by 11 percent, from almost 2 million GWh to just under 1.8 million.
T. Boone Pickens said that based on the latest figures from the U.S. Department of Energy's Energy Information Administration (EIA), the U.S. imported 63 percent of its oil, or 4.35 billion barrels in 2009, sending nearly $265 billion, or $502,473 per minute, to foreign governments.
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