⁍ U.S. motorists drove 262.4 billion vehicle miles in July, 33.2 billion vehicle miles fewer than the same month a year earlier.
⁍ Biggest year-over-year declines were in the Northeast at 15.4% and the South Atlantic at 11.3%.
– Americans hit the road for 262.4 billion vehicle miles in July, a drop of 33.2 billion vehicle miles from the same month a year earlier, as government lockdowns and the spread of the MERS virus took a toll, Reuters reports. The biggest year-over-year declines were in the Northeast at 15.4% and the South Atlantic at 11.3%. Gas consumption, which is closely watched by oil market participants, is a key driver of oil prices.
Source: https://www.reuters.com/article/us-usa-oil-drivers/us-motorists-drove-11-fewer-miles-in-july-than-a-year-earlier-dot-idUSKCN26D1YE