With California and 16 other states suing EPA, Tesla’s electric vehicles non-stop in the news, and prices now reaching four year highs, gasoline is clearly on our minds. Gasoline you should know accounts for 15-17% of total U.S. energy demand, and we devour nearly 400 million gallons of gasoline per day. In fact, we consume about 35% of the world’s gasoline. Environmental concerns and government regulations have indeed made finding gasoline substitutes a rapidly growing business. But our reality is that, hardly “going gentle into that good night,” U.S. gasoline demand continues to rise. Gasoline, of course, is just one of the “Three Reasons Oil Will Continue to Run the World.”
