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Posted October 21, 2014Today in Energy

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

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 from 4% to 8% of disposable income since 1960. Consumer energy expenditures today are a lower percentage of disposable income than the average from 1960 to present.More


Source: EIA, based on Bureau of Economic Analysis

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Data Highlights

WTI crude oil futures price

10/20/2014: $82.71/bbl

down$3.03 from week earlier
down$18.10 from year earlier

Natural gas futures price

10/20/2014: $3.670/mmBtu

down$0.246 from week earlier
down$0.094 from year earlier

Retail gasoline price

10/20/2014: $3.120/gal

down$0.087 from week earlier
down$0.240 from year earlier

Retail diesel price

10/20/2014: $3.656/gal

down$0.042 from week earlier
down$0.230 from year earlier

Weekly coal production

10/11/2014: 19.234 million tons

up0.670 million tons from week earlier
up1.256 million tons from year earlier

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