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Consumer Spending

Consumer Spending news and technical articles from Oil & Gas Journal. Search Consumer Spending latest and archived news and articles

  1. API report unveils economic gains from US crude exports

    Magazine Articles

    Mon, 14 Apr 2014

    product could increase by as much as $38.1 billion in 2020, led by increases in hydrocarbon production and greater consumer spending due to lower retail process for gasoline and other petroleum products. • As much as an additional $70 billion

  2. US brinksmanship with economy must not become routine

    Magazine Articles

    Mon, 14 Oct 2013

    t recover until 2012. Between the second and third quarters of 2011, household wealth—a strong influence on consumer spending , which accounts for roughly 70% of gross domestic product—fell $2.4 trillion. Worry about the standoff

  3. API report unveils economic gains from US crude exports

    Online Articles

    Mon, 31 Mar 2014

    product could increase by as much as $38.1 billion in 2020, led by increases in hydrocarbon production and greater consumer spending due to lower retail process for gasoline and other petroleum products. • Up to an additional $70 billion is projected

  4. MARKET WATCH: NYMEX gasoline, diesel futures prices climb on anticipated demand

    Online Articles

    Fri, 27 Dec 2013

    2013 ). A series of positive economic indicators has brightened the outlook for US energy demand, particularly consumer spending on fuel, analysts say. That latest indicator came Dec. 26 when the US Department of Labor said initial jobless

  5. US brinksmanship with economy must not become routine

    Online Articles

    Fri, 4 Oct 2013

    recover until 2012. • Between the second and third quarters of 2011, household wealth—a strong influence on consumer spending , which accounts for roughly 70% of gross domestic product—fell $2.4 trillion. • Worry about the standoff

  6. MARKET WATCH: Reduced inventory, warmer weather increase oil, gas prices

    Online Articles

    Thu, 12 Jul 2012

    reversed later this quarter. US manufacturing declined in June for the first time in the economic recovery, while consumer spending stalled in May. “The Fed failed to inspire markets as it remained divided over whether current data is sufficient

  7. Abundant oil doesn't mean energy independence, SAFE report warns

    Online Articles

    Tue, 8 May 2012

    not related to the amount of oil imported.” US transportation relies heavily on oil products “that affect consumer spending in real time,” it also noted. “As oil prices increase during crises such as those that occurred in 1973-74, 1979

  8. EIA: US household spending on home energy fell last year

    Magazine Articles

    Mon, 29 Apr 2013

    OGJ editors US average consumer spending on home energy fell $12 billion in 2012 compared with 2011, the Energy Information Administration reported. Last year's energy

  9. MARKET WATCH: Bullish inventory report lifts oil prices

    Online Articles

    Thu, 28 Jun 2012

    9%/year in this year’s first quarter and is expected to repeat that performance in the second quarter. Consumer spending slowed, however, up 2.5% compared with the 2.7% growth earlier projected. The US Department of Labor, meanwhile

  10. MARKET WATCH: Geopolitical pressure from Syria pushed up oil prices

    Online Articles

    Fri, 26 Apr 2013

    economic growth escalated to an annual rate of 2.5% in the first quarter of this year, the result of the strongest consumer spending in more than 2 years. Government spending fell, however. Analysts say tax increases and federal budget cuts could

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