Fuel Sales Disappoint Despite Booming Truck Demand

Americans have been purchasing a lot more pickups, SUVs, and
crossovers than small cars, hybrids, and electric vehicles – and
this doesn’t appear to be changing anytime soon. The traditional
market dynamic for gasoline consumption and pump prices had for
decades been based on the “cars vs. trucks” sales pattern in the
U.S. and around the world. Lately, that’s gone askew with other
market forces playing into the equation when looking at consumption
trends from a broader perspective. For the first half of this
year, cars made…

Americans have been purchasing a lot more pickups, SUVs, and
crossovers than small cars, hybrids, and electric vehicles – and
this doesn’t appear to be changing anytime soon. The traditional
market dynamic for gasoline consumption and pump prices had for
decades been based on the “cars vs. trucks” sales pattern in the
U.S. and around the world. Lately, that’s gone askew with other
market forces playing into the equation when looking at consumption
trends from a broader perspective. For the first half of this
year, cars made…