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Transportation

Submission + - U.S. Gasoline Usage Peaked In 2006 (greencarreports.com) 1

thecarchik writes: Even if you may not have heard of the Peak Oil theory, everyone knows that we'll continue to use more and more gasoline in years to come. Right? Well, errrrr, no. Maybe not. At least, that's the conclusion of both industry analysts and the oil companies themselves. The peak year for U.S. gasoline consumption to date was 2006, when we collectively used 374 million gallons every single day.Even with as many as 27 million more vehicles on the road in 10 years and a resumption of economic growth, says the experts, gasoline consumption will never again hit that 2006 high. In fact, 20 years hence, it may have fallen as much as 20 percent from today's levels. Since then, a combination of factors has cut demand and will continue to do so in future years. Even with as many as 27 million more vehicles on the road in 10 years and a resumption of economic growth, says the experts, gasoline consumption will never again hit that 2006 high. In fact, 20 years hence, it may have fallen as much as 20 percent from today's levels.
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U.S. Gasoline Usage Peaked In 2006

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