“American motorists alone consume 9% of all the world's oil, so the trajectory of U.S. gasoline demand is arguably the most important consumption metric in determining global fuel prices.”
Bumpy road ahead for US #gasoline demand and energy transition - #Reuters
Bumpy road ahead for US gasoline demand and energy transition — Reuters
While U.S. gasoline demand is unlikely to rescale the pre-pandemic peaks of 2018 as the energy transition accelerates, the pace of its decline is uncertain, illustrating the challenge for industry and the government in planning the shift to a low-carbon economy.
