NEW YORK – UPDATED– Oil prices fell 3% on Thursday on concern that the spread of a virus from China could lower fuel demand if it stunts economic growth, but losses were limited by a drawdown in U.S. …
Every day in 2015, the United States spent $991 million on petroleum consumption, the lowest daily total since 2008. Consumption levels in the U.S. have decreased slightly to 19.72 MMBoepd since peaking in 2007 at 20.94 MMBoepd.
To determine spending …
The number of people traveling on airplanes this summer is expected to reach a record-breaking 222 million between June 1 and August 31, according to Airlines for America, the industry’s trade group. Airline travel …
