Welp this is the story the Biden administration wants to tell..

https://fortune.com/2023/01/21/gasoline-demand-has-peaked-in-america-drivers-will-benefit-in-long-run/

But is it true?  Heres the data..

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=wgfupus2&f=W

Certainly lower than before COVID. But with drivers working from home.. see commercial real estate.. and a slow start to the farming season.. see snow pack.. which would probably show more in distillate?

https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WDIUPUS2&f=W

Hmmm. 

Maybe.. still kind of hard to ascertain.. trend change or just sluggish?

Anywho conceptually a change in trend could be expected but.. do EVs really save fossil fuels.. with 67% of power plants fossil fueled..??
And are there enough yet to make a difference?

Probably the commodity set back can be more correlated to the Fed's rate hikes. 

Don't fight Jerome Powell.. you will lose.