| Synopsis: |
This working presentation focuses on the changes in fuel prices and household income during the period of 2000 to 2010. In real terms, household money incomes have fallen, while fuel prices have increased. Comparisons are made between increased driving cost and changes in income, by quintile. Other areas examined include the timing of energy price increases and recessions and a breakout of prices and consumption to determine the driving factor behind energy expenditure increases.
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Deepwater Technology