Friday, February 12, 2010

Table on the State of New Hampshire Oil Heat Expenditures

Here is some amazing(shocking) data on the state of New Hampshire’s oil consumption and costs.
 
 
Year (1) Amt. NH
Consumption of #2
heating oil
Gallons (2)
Average Price $/Gallon (3) Total Expenditures $ Amt. of Expenditure Exported out of NH/US Economy $ (4)
FY2005 354,238,300 1.958 $693,598,591 $554,878,873
FY2006 307,871,200 2.446 $753,052,955 $602,442,364
FY2007 315,039,689 2.461 $775,312,674 $620,250,139
FY2008 283,687,796 3.328 $944,112,985 $755,290,388
FY2009 274,210,417 2.936 $805,081,784 $644,065,427
TOTALS 1,535,047,402   $3,971,158,989 $3,176,927,191 (5)

Notes:

  1. Fiscal year runs July 1-June 30
  2. Source: NH Dept. of Environmental Services
  3. Source: NH Office of Energy and Planning
  4. 80 cents of every dollar leaves NH economy; Source: USDOE Energy Information Agency
  5. =$11,428 average expenditure per household in which oil is primary heating fuel (278,000 households per US Census Bureau American Community Survey 2006 data)

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Which would you choose?