• 3 minutes Australian power prices go insane
  • 7 minutes Wind droughts
  • 11 minutes  What Russia has reached over three months diplomatic and military pressure on West ?
  • 5 mins Is Europe heading for winter of discontent with extensive gas shortages?
  • 10 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 days Hopes Are Dashed For International Oil Companies In North Iraq
  • 1 day The United Nations' AGENDA 2030 - The vision for One World Governance ...an article by the famous Dr Robert Malone
  • 1 day 87,000 new IRS agents, higher taxes, and a massive green energy slush fund... "Here Are The Winners And Losers In The 'Inflation Reduction Act'"-ZeroHedge
  • 16 hours "Mexico Plans to Become an Export Hub With US-Drilled Natural Gas" - Bloomberg - (See image)
  • 5 days "The Global Digital ID Prison" by James Corbett of CorbettReport.com
  • 1 hour "How to Calculate Your Individual ESG Score to ensure that your Digital ID 'benefits' and money are accessible"
  • 2 days The Federal Reserve and Money...Aspects which are not widely known
Clean Energy Stocks Are Shining

Clean Energy Stocks Are Shining

The recently approved climate bill…

Jet Fuel Demand Set To Recover As U.S. Air Travel Picks Up

The number of U.S. air travelers exceeded 1.5 million on Sunday, for the first time since the middle of March 2020, in a good sign for oil demand as U.S. citizens start to travel more, including by plane.

According to data from the U.S. Transportation Security Administration (TSA), as many as 1,543,115 travelers passed through security checkpoints at U.S. airports this past Sunday, the highest number of travelers since March 13, 2020. The last time U.S. airline passenger numbers topped 1.5 million was on March 15, 2020, when 1,519,192 travelers were screened at American airports, just before flights began being grounded as mobility was restricted at the start of the pandemic.

The U.S. air traveler numbers have now been above 1 million for a 12th straight day to March 22, the TSA data showed.

“TSA screened 1,360,290 people at checkpoints yesterday, Monday, March 22, in spite of the fact that the @CDCgov does not recommend traveling at this time,” TSA Public Affairs spokesperson Lisa Farbstein said on Tuesday.

The number of airline passengers is still below pre-COVID levels, with international travel still restricted for Americans in many countries. But the recent signs of higher passenger traffic at airports signal increased mobility and demand for fuels, including jet fuel that was the hardest hit in the pandemic.

Travel and consumption patterns in the world’s top oil consumer, the United States, and in the world’s top oil importer, China, point to recovering demand for petroleum products. Those two countries—major consumers of crude—could lead global oil demand out of the woods and lead the global consumption rebound later this year.

Moreover, U.S. gasoline demand has also been rising in recent weeks. Weekly U.S. gasoline demand in the week to March 20 reached pre-COVID level seasonally, Patrick De Haan, head of petroleum analysis for GasBuddy, tweeted on Sunday.

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News