Daily Energy Report
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Daily Energy Report
US oil demand up, US crude inventories, Drilling tech expands oil access, Permian zombie wells, Oil outlook shaky, Jet fuel slowdown, UK energy illusions, EVs & road taxes, EV charging tech, and more.
Chart of the Day: US Oil Demand is Increasing…
Summary
According to the EIA, after upward revisions, US oil demand is going through the roof as shown in figure (1). The Figure shows the average of the last 5 years and US oil demand in 2024 against the 5-year range.