Update on the WTF Collapse of Gasoline & Jet Fuel Consumption: The Holiday Period

by Wolf Richter, Wolf Street: Long-term structural issues have long dogged these fuels. Then came the Pandemic. During the holiday shopping and travel period in December and early January, ten months into the Pandemic, gasoline consumption in the US was down about 12% from a year ago, jet fuel consumption was down 38% from a […]