U.S. Energy Expenditure Level Lowest In Over A Decade

The EIA reported today that the U.S.’s expenditures for
delivered energy totaled $1.127 trillion, or 6.2 percent of the
nation’s GDP, in 2015—the lowest since 2004. The decrease was
approximately 20 percent lower than expenses in 2014, which totaled
a little over $1.4 trillion. Decreases in transportation prices
Transportation expenditures made up approximately 45 percent of the
$1.127 trillion, or about $507 billion. Transportation expenditures
include expenditures for fuels for automobiles, rail lines,
aircraft, and ships and…

The EIA reported today that the U.S.’s expenditures for
delivered energy totaled $1.127 trillion, or 6.2 percent of the
nation’s GDP, in 2015—the lowest since 2004. The decrease was
approximately 20 percent lower than expenses in 2014, which totaled
a little over $1.4 trillion. Decreases in transportation prices
Transportation expenditures made up approximately 45 percent of the
$1.127 trillion, or about $507 billion. Transportation expenditures
include expenditures for fuels for automobiles, rail lines,
aircraft, and ships and…