Bloomberg on why gasoline consumption isn’t soaring with drop in oil prices

U.S. GDP is growing. Gasoline prices are plunging. Natural gas prices are plummeting. Consumption should be soaring. It isn’t. Here’s why.

About ecoquant

See Retired data scientist and statistician. Now working projects in quantitative ecology and, specifically, phenology of Bryophyta and technical methods for their study.
This entry was posted in carbon dioxide, citizenship, climate, conservation, consumption, demand-side solutions, ecology, economics, energy, energy reduction, environment, fossil fuel divestment, geophysics, humanism, investing, investment in wind and solar energy, meteorology, politics, rationality, reasonableness, risk, wind power. Bookmark the permalink.

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