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Posted May 29, 2020 Today in Energy

The recent decline in light-duty vehicle sales has affected cars more than light trucks ›

The 729,000 vehicles sold in the United States in April 2020 amounted to the lowest total since early 2010. The seasonally adjusted annual rate (SAAR) of light-duty vehicle sales in April is the lowest in the U.S. Bureau of Economic Analysis data series that dates back to 1976. Car sales have fallen by a larger percentage than light truck sales: in April, car sales were down 59% from the previous April, and light truck sales were down 42%. These changes in the makeup of vehicle sales have implications for fuel economy because cars tend to use less fuel per mile traveled than light trucks. More

U.S. motor vehicle retail sales

Source: EIA, based on U.S. Bureau of Economic Analysis

Data Highlights

WTI crude oil futures price

5/28/2020: $33.71/barrel

down$0.21 from week earlier
down$25.10 from year earlier

Natural gas futures price

5/28/2020: $1.827/MMBtu

up$0.117 from week earlier
down$0.806 from year earlier

Weekly coal production

5/23/2020: 8.365 million tons

up0.199 million tons from week earlier
down5.103 million tons from year earlier

Natural gas inventories

5/22/2020: 2,612 Bcf

up109 Bcf from week earlier
up778 Bcf from year earlier

Crude oil inventories

5/22/2020: 534.4 million barrels

up7.9 million barrels from week earlier
up57.9 million barrels from year earlier