Americans Are Using Less Gas

“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.”