The Energy Department says the nation’s energy picture is getting ever rosier. Production is rising, consumption is slowing, and prices are expected to remain in check. According to the Energy Department’s annual outlook, domestic oil output may regain the peak it reached in 1970 over the next two years and gasoline prices will fall over the same period to just over $3 per gallon. Natural gas production and use will continue to soar, demand for gasoline will fall, and energy-related emissions of carbon dioxide will remain below 2005 levels for the next quarter-century. “The report confirms that the United States really is experiencing an energy revolution,” said Daniel Yergin, vice chairman of the research and analysis group IHS and author of “The Quest: Energy, Security, and the Remaking of the Modern World.” The increased oil and gas production, Yergin said, is giving “a big boost […]