California, China, And EIA Finally Updates Their Gasoline Demand Graph -- August 25, 2022

California archives:

• debacle, link here:

• likely to ban all new gasoline car sales by 2035, link here. 
• a lot of folks think that Californians have until December 31, 2034, to change direction if it doesn't work out;
• in fact, if the rules do in fact ban new ICE automobile sales by 2035, every public policy considered by California going forward needs to take that into account
• the changes will begin as soon as the rules are published
• first major rule change: all new houses to have charging centers installed
• no more natural gas to new homes; all new homes must be all electric
• major oil companies will need to start divesting their retail service stations
• since nuclear energy is unlikely to be in place by 2035, expect to see a lot of coal-fired electric utility plants out-of-state producing electricity for California
  

China, EVs: oh, oh. Link here.

Gasoline demand: it took all night but the EIA finally updated their graph, link here.