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Has jet fuel replaced gasoline as the driver of global oil demand?

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Listen: Has jet fuel replaced gasoline as the driver of global oil demand?

Global gasoline demand is stagnating and stronger fuel economy standards and the rise of electric vehicles could soon push demand down. But jet fuel demand is rising relatively dramatically and could soon be the key driver of world oil consumption, according to a new report by ClearView Energy Partners.

On today's Platts Capitol Crude, Jacques Rousseau, a managing director with Clearview and a former sell-side equity research analyst, discusses why jet fuel demand is on the rise, what is likely to push it higher and what, if anything, could derail it.