North American Snapshot: Losing Steam at Height of Summer

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

North American jet fuel ran out of steam at the height of the summer travel season in July. Bottlenecks at US airports due to staff shortages caused massive flight disruptions and cancellations that cut into jet fuel liftings. US jet usages dropped by 6% to below 1.6 million b/d in July. The largest declines were seen at airports on the Gulf and East coasts. Vacationers flocked to locations in the Rocky Mountains, where jet demand jumped by 11% between June and July.

Topics:
Oil Supply, Jet Fuel
Wanda Ad #2 (article footer)
#
India plans to set a 2025 target for 1% SAF usage for domestic airlines to meet its net-zero emissions goal by 2070.
Fri, May 26, 2023
Brent crude settled 69¢ higher at $76.95/bbl on Friday, while US WTI closed up 84¢ at $72.67/bbl.
Fri, May 26, 2023
With gas pipeline constraints making an increase in flaring inevitable, reputation-minded E&Ps are expected to take steps to mitigate the impact.
Fri, May 26, 2023