Tag Archives: tend

Oil and natural gas production job declines tend to lag oil price declines

June 23, 2015 Source: U.S. Energy Information Administration, based on U.S. Bureau of Labor Statistics, Employment in oil and natural gas extraction and support activities in the United States reached nearly 538,000 in October 2014, but then it declined by about 35,000 jobs, or 6.5%, over the following six months, through April 2015, according to […]

Gasoline prices tend to have little effect on demand for car travel

December 15, 2014 Source: U.S. Energy Information Administration, based on Federal Reserve Bank of St. LouisNote: VMT is vehicle miles traveled. Per capita figures reflect U.S. population age 16 and over. Vehicle miles traveled figures are 12-month rolling averages. Republished December 17, 2014, 2:00 p.m. to correct an error in the graph. The U.S. average […]

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