Gasoline demand projection

Gasoline consumption in the U.S. over the coming years will be shaped by a combination of factors, including advancements in vehicle technology, evolving regulatory policies, and shifting consumer preferences. SGS INSPIRE forecasts a steady decline in national gasoline demand, from 679.8 billion liters in 2025 to 654.0 billion liters by 2030.

A key driver of this downward trend is the increasing adoption of electric vehicles (EVs), which is supported by improvements in battery technology, declining vehicle costs, and expanding charging infrastructure. At the same time, stricter fuel economy standards and the proliferation of hybrid vehicles are also contributing to the overall reduction in gasoline demand.

However, SGS INSPIRE anticipates that the decline will be g