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A gas station in New York. Photo: Don Emmert/AFP/Getty Images

A new Morningstar report says that the rise of autonomous and electric vehicles may steeply cut U.S. gasoline demand in coming decades.

Why it matters: The report adds to analysts' efforts to game out how interlocking changes in mobility will affect fuel demand and, by extension, greenhouse gas emissions.

What they found: They project that the introduction and adoption of autonomous vehicle tech will cut ride-hailing costs a lot, although total vehicle mileage likely rises as consumers use ride-hailing and car-sharing more.

  • That's due to miles driven by AVs with no passengers, along with ride-hailing cannibalizing public transit, walking and bikes.
  • But, but, but: The growth of EVs more than offsets the rise in fuel use from more traveling.

By the numbers, per the report:

  • Gasoline demand could fall by 70% by 2050.
  • Ride-hailing could account for more than 1/5 of light-duty vehicle miles traveled by 2050.
  • A "base case" scenario envisions a massive rise in EV sales, one that vastly outstrips the latest (and pessimistic) Energy Information Administration outlook.
  • EVs could account for 45% of U.S. light-duty sales in 2050, with hybrids and plug-in hybrids taking another 45%.

Go deeper: The states with the most expensive gas prices

Go deeper

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Health: Most vulnerable Americans aren't getting enough vaccine information — Fauci says Trump administration's lack of facts on COVID "very likely" cost lives.
  2. Education: Schools face an uphill battle to reopen during the pandemic.
  3. Vaccine: Florida requiring proof of residency to get vaccine — CDC extends interval between vaccine doses for exceptional cases.
  4. World: Hong Kong puts tens of thousands on lockdown as cases surge — Pfizer to supply 40 million vaccine doses to lower-income countries — Brazil begins distributing AstraZeneca vaccine.
  5. Sports: 2021 Tokyo Olympics hang in the balance.
  6. 🎧 Podcast: Carbon Health's CEO on unsticking the vaccine bottleneck.

DOJ: Capitol rioter threatened to "assassinate" Alexandria Ocasio-Cortez

Supporters of former President Trump storm the U.S. Captiol on Jan. 6. Photo: Kent Nishimura / Los Angeles Times via Getty Images

A Texas man who has been charged with storming the U.S. Capitol in the deadly Jan. 6 siege posted death threats against Rep. Alexandria Ocasio-Cortez (D-N.Y.), the Department of Justice said.

The big picture: Garret Miller faces five charges in connection to the riot by supporters of former President Trump, including violent entry and disorderly conduct on Capitol grounds and making threats. According to court documents, Miller posted violent threats online the day of the siege, including tweeting “Assassinate AOC.”

Schumer calls for IG probe into alleged plan by Trump, DOJ lawyer to oust acting AG

Jeffrey Clark speaks next to Deputy US Attorney General Jeffrey Rosen at a news conference in October. Photo: Yuri Gripas/AFP via Getty Images.

Senate Majority Leader Chuck Schumer (D-N.Y.) on Saturday called for the Justice Department inspector general to investigate an alleged plan by former President Trump and a DOJ lawyer to remove the acting attorney general and replace him with someone more willing to investigate unfounded claims of election fraud.

Driving the news: The New York Times first reported Friday that the lawyer, Jeffrey Clark, allegedly devised "ways to cast doubt on the election results and to bolster Mr. Trump’s continuing legal battles and the pressure on Georgia politicians. Because Mr. [Jeffrey] Rosen had refused the president’s entreaties to carry out those plans, Mr. Trump was about to decide whether to fire Mr. Rosen and replace him with Mr. Clark."