EIA Forecasts 5% Industrial Demand Decline

EIA has issued its Short-Term Energy Outlook for February 2009:  "The expectation of limited weather-driven consumption growth in the residential and commercial sectors in 2009 is outweighed by the implications of continued economic weakness in the industrial and electric power sectors. Consumption in the industrial and electric power sectors is expected to decline by 5.1 and 1.0 percent, respectively, in 2009."

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