Monday, July 30, 2012

Fuel price drives spending for energy

The United States is the second largest consumer of energy in the world, second only to China. But news is emerging that may signal a dampening of our nation?s energy appetite.

Last Monday, The Associated Press reported that the federal government expects U.S. energy consumption to grow less than 1 percent annually through 2035 as the nation simultaneously weans itself off foreign fuel and relies more on domestic oil and gas production.

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Source: http://www.kentuckynewera.com/opinion/article_d99627d8-c267-11e1-a696-0019bb2963f4.html

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