Tag Archives: longterm

Consumer energy expenditures are roughly 5% of disposable income, below long-term average

October 21, 2014 Source: U.S. Energy Information Administration, based on Bureau of Economic Analysis Total U.S. household energy consumption expenditures have generally declined relative to disposable income since 1960, although during periods of high energy prices, consumers devote increasing shares of their income to energy. Energy expenditures ranged between 4% and 8% of disposable income […]

Energy reform could increase Mexico’s long-term oil production by 75%

August 25, 2014 Source: U.S. Energy Information Administration, International Energy Outlook 2014 preliminary projections On August 11, Mexico’s president signed into law legislation that will open its oil and natural gas markets to foreign direct investment, effectively ending the 75-year-old monopoly of state-owned Petróleos Mexicanos (Pemex). These laws, which follow in Mexico’s constitution to eliminate […]

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