U.S. Gasoline Demand Likely to Fall 50% Because of Generational Changes - Study

摘要

A new study by the U.S. Public Interest Research Group (PIRG) shows that the so-called Millennial Generation is turning away from the car mania of previous North American generations – leading to a plunge in vehicle miles traveled (VMT) and a decline in demand growth for new cars. Less driving, coupled with far tougher vehicle fuel-efficiency standards, U.S. gasoline demand will likely plummet by 50% between now and 2040, according to the study.