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2020 Thanksgiving week gasoline consumption in US lowest since 1997

Green Car Congress

Only two states—Wyoming and Utah—are outliers with gasoline consumption rising year-on-year by 0.2% The data speaks to a major problem for the petroleum industry and oil prices as it recovers from unprecedented demand declines for most of 2020. The Midwest was off 23.3% and 1.1%, respectively.

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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

Green Car Congress

Oil shale production requires 1.5 Water constraints are especially problematic for oil shale production, because the reserves are located in the water-stressed states of Colorado, Wyoming and Utah. Market Risks : The economic competitiveness of oil shale and CTL is contingent on high oil prices.

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