What will be the US' average daily supply of consumer motor gasoline in 2025, in thousands of barrels per day?
Ground motor transportation contributes heavily to global carbon emissions. A large part of this comes from the burning of fossil fuels in combustion vehicles, which are currently the majority of vehicles in the global fleet.
However, as electric vehicle (EV) adoption rates increase with an expected market CAGR of 41.7% between 2020 and 2025, the amount of gasoline purchased should decrease as consumers make the switch.
Gasoline purchases dipped during the Great Recession, but have risen to over 9,000 barrels a day in 2019 (an increase of over 400 barrels).
Data: Data will be collected and provided through the US Energy Information Association, which can be accessed here with historical data from the 1940’s through 2019. Data can be downloaded from the site in table form as well.
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