OP-ED: Energy Policies and Potential Impacts on Household Budgets
By R. Dean Foreman, Ph.D., Chief Economist, American Petroleum Institute Most people are concerned when energy costs rise, especially prices at the pump. It’s understandable since the average household spent nearly $4,100 on energy in 2019, per the U.S. Bureau of Labor Statistics’ (BLS) Consumer Expenditure Survey. For more than a decade, expanded U.S. energy…

