“The gas-guzzling heyday of the world’s largest oil market is receding as more efficient cars, the arrival of mass-market electric vehicles and the rise of working from home prompt US motorists to burn less petrol,” the Financial Times reports.
“The 8.78 million barrels a day of petrol consumed in the US last year was 6 per cent lower than record volumes sold before the coronavirus pandemic. Consumption will continue to decline in 2023 and 2024.”
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Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.
Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.
Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.
Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.
Goddard is the owner of Goddard Media LLC.