Slow Vaccine Rollouts Damage Energy Demand

Slow Vaccine Rollouts Damage Energy Demand

The success of vaccine rollouts in the US and other energy hungry economies will have considerable implications for energy demand in 2021. The Trump Administration dropped the ball on the vaccine roll-out, and distribution now becomes the first crucial test of the Joe Biden presidency. Unfortunately, current vaccination trends suggest a bleak recovery.

A recent Morning Consult poll reported that 60% of Americans are frustrated with the COVID-19 vaccine rollout process thus far. The US is still short of its goal to vaccinate 20 million people by the end of 2020; as of January 19, 14.7 million doses of the two-stage injection have been administered, but only 1.8 million Americans have received both parts