By Tom Kool – Aug 15, 2017, 3:00 PM CDT
Oil prices remain in a game of tug of war as conflicting news sends both the bears and the bulls to the sidelines.
• In 2015, the U.S. spent the least on energy in over a decade, largely due to the collapse of oil prices.
• In real terms, the U.S. spent $1.27 trillion on energy in 2015, down 20 percent from a year earlier.
• In inflation-adjusted terms, as well as in terms of percentage of GDP, the expenditures were the lowest since 2004.
This website and sisters royaldutchshellgroup.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.