Petroleum products accounted for the largest share, 57%, of the amount U.S. consumers spent on energy in 2021, as overall energy spending jumped by inflation-adjusted 25% from 2020, due to higher consumption and prices, the Energy Information Administration (EIA) said this week. In 2021, the amount U.S. consumers spent on energy grew to over $1.3 trillion when adjusted for inflation, according to EIA’s SEDS. Petroleum products including motor gasoline, diesel, and jet fuel accounted for $757 billion of end-use energy expenditures…
