Historical
U.S. Gasoline Demand Dominates, But
Middle Distillate Growth Stronger
Note: Middle
distillates include kerosene, jet, and distillate fuel oil. Source: EIA Petroleum
Supply Annual
SLooking at U.S. demand, note that, unlike Europe, gasoline
dominates the U.S. transportation fuel market.But diesel demand has been pushing total
distillate demand up at a higher growth rate.Even the volume increase in distillate from 1995 through 2005 is
almost as large as the volume increase in gasoline.
SFast rising distillate demand will put more pressure on the
refinery mix as its share of the light product market increases.
SWe need to look behind the growth in these two products in
the U.S. more closely to see what the future may bring.