Institute for Energy Research: Inflation-Adjusted U.S. Energy Spending Increased By 25 Percent in 2021
August 19, 2023
August 19, 2023
WASHINGTON, Aug. 19 -- The Institute for Energy Research issued the following agency statement on Aug. 17, 2023:
* * *
According to the U.S. Energy Information Administration (EIA), in 2021, the energy expenses incurred by U.S. consumers surged past $1.3 trillion when adjusted for inflation, signifying a substantial 25 percent surge from the previous year, as reported by the EIA's State Energy Data System (SEDS). The upswing in energy expenditures was primarily fue . . .
* * *
According to the U.S. Energy Information Administration (EIA), in 2021, the energy expenses incurred by U.S. consumers surged past $1.3 trillion when adjusted for inflation, signifying a substantial 25 percent surge from the previous year, as reported by the EIA's State Energy Data System (SEDS). The upswing in energy expenditures was primarily fue . . .