The EIA expects crude oil prices to average $34/b in 2016 and $40/b in 2017. However, if oil prices reach $50/b, instead of decreasing, U.S. production will likely increase because many of the shale oil drillers on the brink of insolvency will view this as a Godsend and boost production to remain in business. They are just waiting to re-open the floodgates here.
Incentives for going solar. The typical home solar panel installation costs from $15,000 to around $40,000. The panels and operating system comprise half of the cost, while the rest comes from labor, permits, inspections and operational expenses.
Solar roof tiles are a new product and prices are constantly changing, but a reasonable estimate for an installed solar system is $25 to $35 per square foot ($62,500 to $87,500). Save money by only installing solar tiles on your roof's south side.