U.S. Demand for Gasoline Faces Long-Term Structural Problem: Plunging Per-Capita Consumption

Gasoline consumption in the US, in terms of product supplied to gas stations, inched up by 0.25% in 2024, to 8.97 million barrels per day, according to EIA data, below where consumption had first been 20 years ago in 2004, despite a population increase over the same period of 47 million people, or 16%.