The Bureau of Transportation Statistics of the Research and Innovative Technology Administration on Friday, June 12, announced the release of “A Time Series Analysis of Transportation Energy Use Per Dollar of Gross Domestic Product,” a report about the decline in transportation energy use relative to GDP.
The statistical analysis shows that transportation energy consumption has been declining relative to GDP since 2000, with a steeper decline beginning in the third quarter of 2007, when the cost of fuel rose dramatically.
The report, the first in the BTS series titled Transportation Trends in Focus, can be found here.
