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Professor's research will help Department of Energy predict future oil demand

Author: Emily McConville

The U.S. government has a good idea of where oil prices are headed and why, but the demand side is less clear. So the U.S. Energy Information Administration (EIA), a part of the Department of Energy that collects and distributes data on energy and the economy, recruited Notre Dame economist Christiane Baumeister to develop an indicator for future energy demand. With a two-year, $120,000 grant, she’ll collect data on possible determinants of oil demand and create models to figure out which of those factors actually determine future demand. Having that information, she said, tells us about more than just oil. 

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