Energy is the lifeblood of everything we do. From business to transportation to our social life, we all depend on energy supplies to power our world. We are at a crossroads in the U.S. as new energy resources and an increased emphasis on efficiency is shifting the balance of power in America’s favor. In light of these developments, Skanska examined the trends in U.S. energy production and consumption, as well as the benefits we may incur from increased domestic energy production.
The good news: the country is on track to become the world’s largest oil producer in less than a decade and the U.S. is currently the world’s largest producer of natural gas. The world is taking notice. There’s been a surge in U.S. demand for new plants in energy-intensive industries. Further, through sustainability efforts and better designs for energy consumption, total energy use per person in the U.S. in 2011 was 13 percent less than it was in 1978.
What do all these energy developments mean for you? A cleaner environment, higher GDP and industrial and job growth are just a few benefits of our increased domestic energy production. Check out our visual story below: