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More air travel may not translate into a similar surge in the country’s jet fuel consumption thanks to larger, more efficient airplanes. Implied fuel demand fell as much as 100,000 barrels a day in early December, the biggest weekly loss since June, according to data from the US Energy Information Administration.
Road travel is set to rise as well with nearly 104 million drivers expected to hit the road this year-end holiday period. Overall travelers are seen at 115 million, the second highest ever, AAA said.
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