Inflation-adjusted U.S. energy spending increased by 25% in 2021

Inflation-adjusted U.S. energy spending increased by 25% in 2021
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03.08.2023

In 2021, the amount U.S. consumers spent on energy (energy expenditures) grew to over $1.3 trillion when adjusted for inflation, a 25% increase from 2020, according to our State Energy Data System (SEDS). Rising petroleum consumption in 2021 following 2020 lows induced by the COVID-19 pandemic and higher average energy prices contributed to the increase in expenditures.

Full article at eia.gov

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