The Energy Information Administration’s latest energy forecast predicts that the price of a barrel of oil in the second half of 2012 will average $95, $11 lower than last month’s estimates. The agency also said that total renewable energy resources grew 14 percent in 2011, but are expected to decline in 2012 owing to reductions in hydropower production. Additionally, the forecast demonstrates that a failure to extend the wind production tax credit would have a large negative impact on that industry’s growth, 26 percent in 2011. The industry is expected to grow by only 16 percent in 2012 and 6 percent in 2013, or 3.7 percent if the credit is not extended.