{"id":6366,"date":"2015-03-10T05:59:45","date_gmt":"2015-03-10T10:59:45","guid":{"rendered":"http:\/\/olduvai.ca\/?p=6366"},"modified":"2015-03-10T05:59:45","modified_gmt":"2015-03-10T10:59:45","slug":"why-is-per-capita-energy-consumption-at-recession-levels-after-six-years-of-recovery","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=6366","title":{"rendered":"Why Is Per Capita Energy Consumption at Recession Levels After Six Years of Recovery?"},"content":{"rendered":"<h3><a href=\"http:\/\/www.oftwominds.com\/blogmar15\/energy-consumption3-15.html\" target=\"_blank\"><span class=\"Apple-style-span\"><i><b>Why Is Per Capita Energy Consumption at Recession Levels After Six Years of Recovery?<\/b><\/i><\/span><\/a><\/h3>\n<p><span class=\"Apple-style-span\"><i>Per capita energy consumption remains at recession levels.<\/i><\/span><\/p>\n<p><b>One way to verify rosy official data&#8211;GDP growth, low unemployment, etc.&#8211;is to compare it with data that is less easily gamed: for example, energy consumption.<\/b>Those seeking a realistic snapshot of the Chinese economy routinely turn to energy consumption and rail traffic data for this reason: at least until recently, these data sets were more reflective of real economic activity than the glowing official numbers.<\/p>\n<p>&nbsp;<\/p>\n<p><b>So let&#8217;s try the same analysis on the U.S. economy.<\/b>\u00a0Courtesy of\u00a0<a href=\"http:\/\/mdbriefing.com\/\" target=\"resource\">Market Daily Briefing<\/a>, here are four charts of\u00a0<i>per capita (per person) energy consumption.<\/i>By using per capita data, we eliminate population growth as a variable.<\/p>\n<p>If total energy consumption remains steady as population rises, the per capita energy consumption will drop.<\/p>\n<p>As vehicles, appliances, etc. become more energy-efficient, we would expect per capita energy consumption to decline. For example, as mileage\/unit of fuel of vehicles rise, the fuel needed to drive the same number of miles per year declines.<\/p>\n<p>offsetting this gradual decline due to increasing efficiency is an overall rise in the standard of living, which in a consumerist society means owning and operating more vehicles, appliances, etc., taking more vacations, etc.&#8211;all of which tend to push per capita energy consumption higher.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why Is Per Capita Energy Consumption at Recession Levels After Six Years of Recovery? Per capita energy consumption remains at recession levels. One way to verify rosy official data&#8211;GDP growth, low unemployment, etc.&#8211;is to compare it with data that is less easily gamed: for example, energy consumption.Those seeking a realistic snapshot of the Chinese economy [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3],"tags":[236,260,263,353,4055,4056],"class_list":["post-6366","post","type-post","status-publish","format-standard","hentry","category-energy-2","tag-economic-collapse","tag-employment","tag-energy","tag-gdp","tag-per-capita-energy-consumption","tag-standard-of-living"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6366","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6366"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6366\/revisions"}],"predecessor-version":[{"id":6367,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6366\/revisions\/6367"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6366"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6366"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6366"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}