Post sponsored by NewzEngine.com

Source: US Energy Information Administration

Responses to the 2019 novel coronavirus disease (COVID-19) continue to affect transportation–and by extension, fuel demand–in the United States, particularly for aviation. For the week of Thanksgiving 2020, total U.S. consumption of major petroleum transportation fuels (motor gasoline, distillate, and jet fuel), for which the U.S. Energy Information Administration (EIA) uses product supplied as a proxy, was down 1.7 million barrels per day (b/d) (11%) relative to Thanksgiving week 2019. Jet fuel accounted for about half of this decline. Jet fuel’s relatively large role in the decline of overall U.S. transportation fuel consumption is particularly noteworthy given that it has the smallest share of the three major transportation fuels used in the United States. Jet fuel consumption averaged 1.8 million b/d in 2019 compared with 9.3 million b/d for gasoline and 4.0 million b/d for distillate. …

MIL OSI USA News