IHS Markit: GM announcement latest sign that peak gasoline demand from light vehicles has already come and gone
Green Car Congress
FEBRUARY 18, 2021
IHS Markit places the global peak for oil demand (gasoline and diesel) from LVs in 2019 when the demand averaged 29.1 Demand peaking is due to the impact of rising vehicle fuel economy and emission standards, and as time goes by, from more sales of electric vehicles. million barrels per day (MMb/d). In 2020, there were about 9.2
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