Demand for gasoline in the United States fell by 859,000 bpd, the Energy Information Administration (EIA) said in its weekly petroleum status report . According to Reuters, this is the sharpest demand decline since last September. Total fuel demand also declined, almost 2.1 million bpd last week, as lockdowns begin to weigh on consumption. Earlier this month, Reuters reported gasoline pumps are sitting idle as people cancel their travel plans amid the worsening coronavirus outbreak that has so far infected more than 68,500 Americans and killed more than 1,000. The situation is unusual. Gasoline is getting cheaper because of tanking crude oil prices, but drivers in the most car-loving country in the world cannot take advantage of these lower prices because they have to self-isolate at home. The United States consumes about 20 million bpd of oil and products, with gasoline consumption at 9 million bpd. The worst is […]