{"id":158,"date":"2016-05-06T19:27:36","date_gmt":"2016-05-06T19:27:36","guid":{"rendered":"http:\/\/blogs.dickinson.edu\/econ332\/?p=158"},"modified":"2016-05-06T19:27:36","modified_gmt":"2016-05-06T19:27:36","slug":"declining-energy-prices-lower-the-cost-of-living","status":"publish","type":"post","link":"https:\/\/blogs.dickinson.edu\/econ332\/2016\/05\/06\/declining-energy-prices-lower-the-cost-of-living\/","title":{"rendered":"&#8220;Declining energy prices lower the cost of living&#8221;"},"content":{"rendered":"<p>http:\/\/www.eia.gov\/todayinenergy\/detail.cfm?id=26072&#038;src=email<\/p>\n<p>Between June 2014 and February 2016, the CPI for urban consumers fell 1.2%, and the EIA found that the biggest component of this decrease was reduced expenditures on energy. The energy component of the C-CPI-U decreased by 35.3%, showing how the greatly decreased\u00a0cost of oil (down 71% during the study\u00a0period) influences household expenses. The decrease in energy costs offset rising food, shelter, and miscellaneous prices.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>http:\/\/www.eia.gov\/todayinenergy\/detail.cfm?id=26072&#038;src=email Between June 2014 and February 2016, the CPI for urban consumers fell 1.2%, and the EIA found that the biggest component of this decrease was reduced expenditures on energy. The energy component of the C-CPI-U decreased by 35.3%, showing &hellip; <a href=\"https:\/\/blogs.dickinson.edu\/econ332\/2016\/05\/06\/declining-energy-prices-lower-the-cost-of-living\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1971,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[124768],"tags":[],"class_list":["post-158","post","type-post","status-publish","format-standard","hentry","category-non-renewable-energy"],"_links":{"self":[{"href":"https:\/\/blogs.dickinson.edu\/econ332\/wp-json\/wp\/v2\/posts\/158","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.dickinson.edu\/econ332\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.dickinson.edu\/econ332\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.dickinson.edu\/econ332\/wp-json\/wp\/v2\/users\/1971"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.dickinson.edu\/econ332\/wp-json\/wp\/v2\/comments?post=158"}],"version-history":[{"count":0,"href":"https:\/\/blogs.dickinson.edu\/econ332\/wp-json\/wp\/v2\/posts\/158\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.dickinson.edu\/econ332\/wp-json\/wp\/v2\/media?parent=158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.dickinson.edu\/econ332\/wp-json\/wp\/v2\/categories?post=158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.dickinson.edu\/econ332\/wp-json\/wp\/v2\/tags?post=158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}