In 2018, U.S. energy expenditures increased for the second consecutive year

In 2018, U.S. energy expenditures increased for the second consecutive year
WESPECH PTE LTD
8 Eu Tong Sen Street #14-94, The Central, Singapore (059818)
+65 315 904 24

10.09.2020

U.S. total energy expenditures, the total amount of money spent directly by consumers to purchase energy, increased for the second year in a row to $1.3 trillion in 2018, according to the latest data in the U.S. Energy Information Administration's (EIA) State Energy Data System (SEDS). U.S. energy expenditures increased by nearly $200 billion from 2016 to 2018, a 17% increase in real terms, as both energy consumption and average energy prices increased faster than population and gross domestic product (GDP) in the United States.

Full article at eia.gov

Back

news