page_title: Energy market
section_title: Current and past energy usage in the United States
hierarchical_section_title: Energy market / Current and past energy usage in the United States
caption_attribution_description: English: US Energy Markets is a US multinational owned by Energy Management Services thus part of a global energy and finance corporation that develops produces and markets refined Oil top two demanded fuels Diesel and Jet Fuel in the ten billion daily charts worldwide. Since 2004 has purchased and merged with both fuel management companies and oil storage facilities through out the US. Growth plans for 2010 include a 24 hour a day physical oil trading platform to better suit the needs of Asian and European Energy Markets. This platform working along side the Platts system will allow all Oil Refineries globally to produce.
context_page_description: Energy markets are commodity markets that deal specifically with the trade and supply of energy. Energy market may refer to an electricity market, but can also refer to other sources of energy. Typically energy development is the result of a government creating an energy policy that encourages the development of an energy industry in a competitive manner.
  Until the 1970s when energy markets underwent dramatic changes, they were characterised by monopoly-based organisational structures. Most of the world's petroleum reserves were controlled by the Seven Sisters. Circumstances changed considerably in 1973 as the influence of OPEC grew and the repercussions of the 1973 oil crisis affected global energy markets.
context_section_description: The United States currently uses over four trillion kilowatt-hours per year in order to fulfill its energy needs. Data given by the United States Energy Information Administration (EIA) shows a steady growth in energy usage dating back to 1990, which showed the United States used around 3 trillion kilowatt hours of energy that year. Traditionally, the energy sources used to fulfill the United States energy needs have been oil, coal, nuclear, renewable energy, and natural gas. The breakdown of each of these fuels as a percentage of the overall consumption in the year 1993, according to the data given by the EIA is as follows; coal was 53%, nuclear energy was 19%, natural gas was 13%, renewable energy was 11%, and oil provided 4% of the overall energy needs. In 2011, the breakdown was as follows; coal was 42%, nuclear was 19%, natural gas was 25%, renewable energy was 13% and oil dropped down to 1%. These figures show a dramatic drop in energy from coal, and a significant increase in both natural gas as well as renewable energy. 
  According to the United States Geological Survey (USGS) data from 2006, hydroelectric power accounted for most of the renewable energy production in the United States. However, increasing government funding, grants, and incentives have been drawing many companies towards the biofuel, wind, and solar energy production industries.
caption: US energy market trading room, 2004
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