India's gasoline demand is likely to peak by 2035 as ethanol blending, EVs and natural gas vehicles gain ground, says Indian Oil Corp. chairman A S Sahney. Diesel and jet fuel demand are still set to keep growing. #India#Oil#Gasoline#EVs
Americans are absorbing the biggest share of war-driven fuel inflation, per CREA: $160 billion of a $468 billion global total, or $471 per person vs. a $60 global average. Oil-burning cars are blamed. #OilPrice#Gasoline#Energy#Iran
US gasoline has now averaged $3.472/gal in Trump's second term, edging past Biden's $3.471, per AAA. The Iran war has pushed pump prices up about 43%, to $4.29 today, a week before the Nov 3 midterms. #Gasoline#OilPrice#Midterms
Japan may start cutting gasoline subsidies from December as the cost becomes hard to sustain, Reuters reports. Support introduced in March costs Tokyo several billion dollars a month to hold prices near $1.09/liter. #Japan#Gasoline#Oil#Energy
Record fuel prices are speeding Europe's shift to EVs. Total European car sales rose 10.2% in September, led by a 60% jump in battery EVs, while gasoline car sales fell 20.6% and diesel plunged 28.2%, per ACEA. #EVs#Europe#Gasoline#Diesel
