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IHS: US gasoline demand exceeds 2020 levels for first time; still trails pre-pandemic demand significantly

Green Car Congress

Year-on-year gasoline sales in the United States have moved into positive territory for the first time on the one-year anniversary of the first major declines that resulted from COVID-induced stay at home orders. US gasoline same-store sales in gallons for the week ending 20 March 2021 were 10.1% Source: OPIS by IHS Markit.

Gasoline 411
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Bank of America: Oil Demand Growth to Hit Zero Within a Decade, EVs the Culprit

Green Car Congress

By 2030, oil demand could hit a peak and then enter decline, according to a new report. For the next decade or so, oil demand should continue to grow, although at a slower and slower rate. According to Bank of America Merrill Lynch, the annual increase in global oil consumption slows dramatically in the years ahead.

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Report: California Gasoline No Longer the Most Expensive

The Truth About Cars

Washington has officially managed to surpass California as the state with the highest fuel prices and looks as though it’s on track to compete for that dubious honor indefinitely.& Washington’s fuel pricing isn’t a matter of it being isolated in the middle of the ocean. The national average is presently $3.58 per gallon.

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OPEC-Plus agrees to cut oil production 9.7M barrels per day for May and June

Green Car Congress

OPEC-Plus, a group of 23 oil-producing countries that includes Russia, agreed on Sunday to reduce output by 9.7 The agreement also calls for OPEC-Plus members to keep oil production reduced from the current level by 6 million barrels per day through April 2022. The big Oil Deal with OPEC Plus is done. Great deal for all!

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OPIS: US gasoline demand more than “halfway” back from pandemic-induced lows

Green Car Congress

Gasoline consumption in the United States is now more than halfway back to pre-COVID-19 levels as motorists get back on the road amid at least a partial recovery of the US economy, according to OPIS, an IHS Markit company. This allows users to track and benchmark industry trends for overall retail gasoline sales.

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Heating Oil Consumers Are Facing a Crisis Next Winter

Green Energy Consumers

Although Spring is in the air and we have so many current events of great importance, there’s reason to think about how difficult next winter will be for heating oil consumers. For months, we have seen rising energy costs – natural gas, electricity, and gasoline.

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DOE launches “eGallon” to help compare cost of fueling with electricity vs. gasoline

Green Car Congress

The US Department of Energy (DOE) launched the “ eGallon ” as a quick and simple way for consumers to compare the costs of fueling electric vehicles vs. driving on gasoline. Today’s national average eGallon price is about $1.14, meaning that a typical electric vehicle could travel as far on $1.14 For example, if gasoline costs $3.60