{"id":6914,"date":"2020-08-21T17:01:52","date_gmt":"2020-08-21T21:01:52","guid":{"rendered":"https:\/\/www.fundamentalanalytics.com\/?p=6914"},"modified":"2021-04-25T22:01:05","modified_gmt":"2021-04-26T02:01:05","slug":"drop-in-commercial-air-travel-impacts-jet-fuel-demand","status":"publish","type":"post","link":"https:\/\/www.fundamentalanalytics.com\/pt\/drop-in-commercial-air-travel-impacts-jet-fuel-demand\/","title":{"rendered":"Drop in Commercial Air Travel Impacts Jet Fuel Demand"},"content":{"rendered":"

Drop in Commercial Air Travel Impacts Jet Fuel Demand
\n<\/strong><\/h3>\n

August 21, 2020<\/p>\n

In mid-March a national emergency was declared.\u00a0 Routine business air travel stopped and discretionary air travel halted.\u00a0 The resulting demand for jet fuel dropped from around 1.9 million barrels a day to less than 600,000 barrels a day.\u00a0 Demand had recovered to about 1.1 million barrels a day by the beginning of August but now it is decreasing again.\u00a0 It now appears that the US business travel will not increase after this summer vacation period, so going forward, we do not expect a further recovery of jet fuel demand and there remains the downside possibility of demand again falling.<\/p>\n

The chart below can be constructed in the Fundamental Analytics<\/strong> platform under Fundamentals > DOE > Implied Demand > Commercial Kerosene-type Jet Fuel > Total US.<\/strong><\/p>\n

\"\"<\/p>\n

 <\/p>\n

\n

If you would like access to the great insights and analysis provided by the Fundamental Analytics platform, sign up for a 15-day free trial<\/strong> <\/a> and demonstration!<\/strong><\/a><\/p>\n

If you have any questions, please contact our Managing Director, Joel Fingerman, at joel.fingerman@fundamentalanalytics.com<\/span><\/a><\/p>\n

We also invite you to read our other articles and follow us on social media!<\/p>\n

Best Regards,<\/p>\n

The Fundamental Analytics Team<\/p>\n

The information provided here is for general informational purposes only and should not be considered individualized investment advice. All expressions of opinion are subject to change without notice in reaction to shifting market conditions.<\/em><\/small><\/p>","protected":false},"excerpt":{"rendered":"

Drop in Commercial Air Travel Impacts Jet Fuel Demand August 21, 2020 In mid-March a national emergency was declared.\u00a0 Routine business air travel stopped and discretionary air travel halted.\u00a0 The resulting demand for jet fuel dropped from around 1.9 million barrels a day to less than 600,000 barrels a day.\u00a0 Demand had recovered to about […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6914","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/6914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/comments?post=6914"}],"version-history":[{"count":1,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/6914\/revisions"}],"predecessor-version":[{"id":6917,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/posts\/6914\/revisions\/6917"}],"wp:attachment":[{"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/media?parent=6914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/categories?post=6914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fundamentalanalytics.com\/pt\/wp-json\/wp\/v2\/tags?post=6914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}