IHS Markit: GM announcement latest sign that peak gasoline demand from light vehicles has already come and gone
Green Car Congress
FEBRUARY 18, 2021
Demand peaking is due to the impact of rising vehicle fuel economy and emission standards, and as time goes by, from more sales of electric vehicles. It demonstrates growing acceptance of tighter vehicle emission standards and of the energy transition beginning to move at a faster pace. million barrels per day (MMb/d).
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