There\'s an emerging U.S. energy trend that relates population to usage and production, the U.S. Energy Department said. The Energy Department\'s Energy Information Administration said energy consumption is expected to increase less than 1 percent this year. When considering population increases, however, there\'s a general trend that per-capita consumption is declining. \"The decline in net import dependence since 2005 reflects changes in both production and use of fuels,\" the agency said. The EIA published a short-term energy outlook last week, predicting U.S. crude oil production could move close to 7.9 million barrels per day by next year. In terms of gasoline, the EIA said the price for a gallon of regular unleaded declined 6.6 cents to $3.54, on average, for the week ending Monday. The EIA said it based its predictions on declining prices for crude oil. Brent crude oil prices were less than $100 during the latest trading session. Motor group AAA reports that U.S. consumers paid, on average, $3.52 for a gallon of regular unleaded gasoline, 38 cents less than the same time last year.
GMT 09:54 2018 Tuesday ,23 January
Davos-bound bosses very upbeat on world economyGMT 09:37 2018 Tuesday ,23 January
Former KPMG executives charged in accounting oversight scamGMT 22:49 2018 Sunday ,21 January
Brexit special trade agreement possibleGMT 22:46 2018 Saturday ,20 January
China economy rebounds in 2017 with 6.9% growthGMT 22:37 2018 Saturday ,20 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 19:58 2018 Saturday ,20 January
Watchmakers hope to make Chinese market tickGMT 19:54 2018 Saturday ,20 January
US shutdown unlikely to harm debt rating: FitchGMT 19:50 2018 Saturday ,20 January
EU's Moscovici slams Ireland, Netherlands as tax 'black holes'

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor