View full page at energyexch.com

 

Why Energy Demand Is Plummeting In The U.S.

From oilprice.com

All the way back in April (which may as well be years ago at the rate that the news cycle is moving these days) Oilprice reported that in the throes of the novel coronavirus pandemic, which had relatively recently washed over the United States, had caused the nation’s energy consumption to fall to a stunning 16-year low. According to NPR’s Planet Money podcast, which reported on this statistic at the time, this was a figure that was a particularly good indicator of just how badly the domestic economy was doing. ““How much electricity the country uses tends to match how much the economy is growing or shrinking really ... (full story)

Story Stats

  • Posted:
  • Category: Fundamental Analysis