MarketWatch
US · 1 hrs ago
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America is using less oil, and the Iran conflict could further reduce its thirst for hydrocarbons
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The United States is consuming less oil and petroleum products overall, a trend that potential Iran-related geopolitical tensions could reinforce despite continued frustration over fuel prices at the pump.
America is using less oil, and the Iran conflict could further reduce its thirst for hydrocarbons
The U.S.’s lessened dependency on crude also shows a decline in consumption of crude derivatives such as gasoline and diesel, even as prices at the pump are a major source of frustration for Americans right now.
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