25 February 2015

US Crude Oil Supply Landscape In Four Charts

"Total U.S. liquid fuels consumption rose by an estimated 60,000 bbl/d (0.3%) in 2014. Motor gasoline consumption increased by 80,000 bbl/d (0.8%) reflecting an increase in highway travel that was partially offset by fleetwide increases in fuel efficiency...

In 2015, total liquid fuels consumption is forecast to grow by 290,000 bbl/d (1.5%). Lower pump prices contribute to an 80,000-bbl/d increase (0.9%) in motor gasoline consumption."

EIA, Short Term Energy Outlook, 10 February 2015

The charts below are from today's This Week in Petroleum Report from the US EIA.