Baku, Azerbaijan, March 26. U.S. refineries
produced a record-high share of jet fuel in 2024, driven by growing
demand for air travel, according to the U.S. Energy Information
Administration (EIA), Trend reports.
This shift came as motor gasoline yields dropped to their lowest
level since 2015, while distillate fuel oil output remained
steady.
Refineries adjust yields of gasoline, distillate fuel oil, and
jet fuel in response to market conditions, but their flexibility is
limited by infrastructure constraints and crude oil inputs. Since
the sharp decline in 2020, U.S. jet fuel consumption has risen
annually, though it has not yet returned to pre-pandemic levels.
The EIA projects jet fuel consumption will reach a record high by
2026.
As refineries focus more on jet fuel production, residual fuel
oil yields have also increased slightly compared to the previous
year.