March 5, 2024

Taylor Daily Press

Complete News World

The profit rate of energy-intensive industries is increasing

The profit rate of energy-intensive industries is increasing

Energy intensity and energy type differ between the four industries analysed. For example, energy costs in the chemical industry amount to more than 77 percent of value added, while in the restaurant industry this ratio is 12.5 percent. The chemical industry uses a lot of crude oil and natural gas. The transportation industry mainly uses petroleum products, such as vehicle fuel.