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Aug 5, 2021 · Most gasoline consumption in the United States occurs in the transportation sector (96%), and the industrial and commercial sectors consume the rest. In 2020, U.S. gasoline consumption decreased to 8 million b/d, down 14% from 2019, to the lowest level since 1997. Distillate fuel oil, or diesel fuel, accounted for 21% of U.S. petroleum ...
- Distillate Fuel
Distillate fuel oil demand will increase in the fall because...
- Jet Fuel
crude oil; consumption/demand; generation; prices; states;...
- Distillate Fuel
Mar 9, 2021 · In 2020, more crude oil was produced in Texas than in any other state or region of the United States, accounting for 43% of the national total. Crude oil production in Texas averaged 4.87 million b/d in 2020, a decrease of 205,000 b/d (4%) from the record high of 5.07 million b/d set in 2019.
Oct 14, 2020 · The overall demand estimate for 2020 is largely unchanged at 91.7 mb/d (down 8.4 mb/d versus 2019), as is the estimate for 2021 at 97.2 mb/d, (up 5.5 mb/d year-on-year). Global oil supply fell in September as OPEC+ countries improved the compliance rate with their agreement.
Aug 5, 2021 · By Tsvetana Paraskova - Aug 05, 2021, 11:30 AM CDT. U.S. petroleum consumption declined to 18.1 million barrels per day (bpd) last year, the lowest level in 25 years, the Energy Information ...
Mar 9, 2021 · In 2020, U.S. crude oil production averaged 11.3 million bpd, dropping by 935,000 bpd—or 8 percent—compared to the record-high annual average of 12.2 million bpd in 2019.
Apr 20, 2020 · West Texas Intermediate, the US benchmark, traded as low as -$40.32 a barrel in a day of chaos in oil markets. The settlement price on Monday was -$37.63, compared to $18.27 on Friday. Traders ...
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May 11, 2023 · Still, the fact remains that in 2022, U.S. oil consumption was 5.25% lower than in 2019 even as the economy had grown by 5% in the interim (inflation adjusted). The aggregate number is interesting ...
