Where Are Oil and Gasoline Prices Heading?
Barron's Live
00:00
What Does Gasoline Demand Look Like This Year?
Gasoline demand in the U.S. has been on a decline over the last couple of years, but it's not going to get much better until we hit peak gasoline use from 2016 through 2019. The rest of the world is different; India had a 47% increase in light duty vehicle sales and fossil fuel vehicles. We don't believe we're ever going to see those numbers that we saw from 2016 through 2015.
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