U.S. Energy Expenditures Dropped to Nearly Two-Decade Low in 2020: EIA

U.S. consumers spent $1 trillion on energy expenditures in 2020, the lowest amount since 2002, according to an Aug. 29 report from the U.S. Energy Information Administration. Total energy expenditure is the sum of the entire amount consumed across all sectors, such as residential, industrial, commercial, and transportation. Energy consumption decreased by 7 percent from…...