tag:blogger.com,1999:blog-11027528911364475.post5233298473281382373..comments2024-02-18T21:10:05.205-08:00Comments on EconomPic: Personal Income and Outlays... A Few ChartsJakehttp://www.blogger.com/profile/07946497592651234440noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-11027528911364475.post-89504706578193469902012-05-02T06:15:47.588-07:002012-05-02T06:15:47.588-07:00The chart shows real energy consumption, not nomin...The chart shows real energy consumption, not nominal. Lower prices would likely mean more (not less) real use, while warm weather could potentially explain a recent decline, not sure what explains the five year trend.Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-78476966051153671512012-05-02T04:10:52.676-07:002012-05-02T04:10:52.676-07:00The decline in energy spending is driven by decade...The decline in energy spending is driven by decade low (nominal) prices for natural gas. Natural gas is the fuel used by a sizeable portion of country for winter heating and is also the most important determinant of electric power prices. Couple large price declines with the warmest winter on record and you get way, way lower energy spending.The Oriole Wayhttps://www.blogger.com/profile/16483309131692836436noreply@blogger.com