In 2019, U.S. inflation-adjusted energy expenditures fell 5%

U.S. energy expenditures, or the amount of money spent by consumers to purchase energy, fell to $1.2 trillion in 2019, down 5% in real terms compared with 2018, according to the latest data in our State Energy Data System (SEDS). From 2018 to 2019, total energy consumption in the United States fell 1%, and average total energy prices, adjusted for inflation, fell 5%, contributing to the decline in total energy expenditures.
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SynEnergy Partners LLC continues to monitor COVID-19 around the clock under the guidance of our Global Crisis and Regional Incident Management teams, and we have responded as a company with compassion for those who may be affected as well as an abundance of caution to limit the spread of the virus.

We are also taking measures to ensure business continuity remains unimpacted during this time.