I don't think you can directly compare the prices of the coins, but you need to look at the reward that's at stake.

12.5 bitcoins every 10 minutes at 7277 USD/bitcoin = 9096 USD/minute

3 eth every 14 seconds at 132 USD/eth = 1697 USD/minute

then you'd expect the bitcoin miners to use 5.3x the energy of eth

EDIT: oh, someone already did the same calculations earlier a couple of comments below :)

Basically correct, except that it isn't the price of Bitcoin or Ethereum that matters, per se, but rather the value of the reward for each block relative to the amount of time required to mine it. For Bitcoin, ignoring transaction fees, the rate is 12.5 bitcoins per 10 minutes; for Ethereum it's 3 ETH per 15 seconds. If the price of 1 BTC is 70x the price of 1 ETH then you would break even expending about 7.3x over a given interval to mine 12.5 BTC vs. 1x to mine 120 ETH. If you spent 70x, however, you'd soon be bankrupt despite the higher BTC price, because you don't earn 70x the value.

So energy usage should drop quite a bit after some difficulty increases?

The difficulty increases or decreases to maintain the target block interval. The only way that impacts mining revenue is if the actual block interval deviates significantly from the target—for example, if the hash rate suddenly increased such that blocks were being solved in five minutes instead of ten, that would double the revenue rate (and thus the economical power consumption) temporarily until a difficulty increase brought the interval back to ten minutes per block.

What does cause significant changes in revenue is the periodic halving of the block reward. Absent an opposing increase in price and/or transaction fees, when the reward drops from 12.5 BTC/block to 6.25 BTC/block in May of this year the energy budget for profitable mining should be cut roughly in half.

Sorry yeah I was mixing those up. But is it going to use not-obscene amounts of electricity eventually?