This report responds to a request received from Senator John Sununu on February 2, 2004, to perform an assessment of the Conference Energy Bill (CEB) of 2003. This report summarizes the CEB provisions that can be modeled using the National Energy Modeling System (NEMS) and have the potential to affect energy consumption, supply, and prices. The impacts are estimated by comparing the projections based on CEB provisions with the AEO2004 reference case.

Contents	(complete Report)
Executive Summary
1. Major Provisions of the CEB Included in the Analysis
CEB Provisions Not Included in the Analysis
Methodology and Uncertainties
2. Impacts of Modeled Provisions of the Conference Energy Bill
Comparison of Selected Energy Performance Indicators
Natural Gas and Oil Supply Provisions
Renewable Fuels Standard, MTBE Ban, Oxgenate Waiver, and Ethanol and Biofuel             Tax Provisions
Electric Power Provisions
End-Use Demand Provisions
Appendix A: Letter from Representative Pombo
Appendix B: Comparison of AEO2004 Reference Case and the CEB Case
Appendix C: Annual Results of the CEB Case
Preface
Contacts