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Posted December 17, 2020 Today in Energy

U.S. jet fuel consumption during the week of Thanksgiving was about half of last year’s ›

For the week of Thanksgiving 2020, estimated consumption of major transportation fuels (motor gasoline, distillate, and jet fuel) was 11% lower than during Thanksgiving week 2019. About half as much jet fuel was consumed during the week of Thanksgiving as last year, measured using product supplied as a proxy for consumption: 1.1 million barrels per day (b/d) in 2020 compared with 2.0 million b/d in 2019, according to estimates in the U.S. Energy Information Administration’s (EIA) Weekly Petroleum Status Report. More

weekly U.S. product supplied of selected petroleum products

Source: EIA, Weekly Petroleum Status Report

Data Highlights

WTI crude oil futures price

12/16/2020: $47.82/barrel

up$2.30 from week earlier
down$13.12 from year earlier

Natural gas futures price

12/16/2020: $2.677/MMBtu

up$0.235 from week earlier
up$0.358 from year earlier

Weekly coal production

12/12/2020: 11.276 million tons

down0.250 million tons from week earlier
down1.338 million tons from year earlier

Natural gas inventories

12/11/2020: 3,726 Bcf

down122 Bcf from week earlier
up284 Bcf from year earlier

Crude oil inventories

12/11/2020: 500.1 million barrels

down3.1 million barrels from week earlier
up53.3 million barrels from year earlier