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U.S. gasoline demand is expected to average 8.92 million barrels per day this year, about 20,000 bpd less than last year, the U.S. Energy Information Administration (EIA) said on Tuesday. It ...
The four-week average of motor gasoline product supplied - a proxy for demand - averaged 8.3 million barrels a day, down 5% from the same period last year, the U.S. Energy Information ...
800-290-4726 more ways to reach us. Sign in. Mail. 24/7 ... data from the Energy Information Administration showed that U.S. gasoline demand slipped to about 8.94 billion barrels a day ...
New federal data, revealing a large increase in weekly gasoline inventories, caused concern about weak energy demand, according to Yawger. For more CNN news and newsletters create an account at ...
The US is also witnessing a weaker trend in fuel consumption following a 2023 high in prices reached in mid-September. "Gasoline demand has been weak," said the EIA's Barron.
U.S. gasoline prices rose earlier this month but are falling again after West Coast refinery outages subsided and seasonal demand fell. President Joe Biden plans to sell the last portion of a ...
Retail markup over crude oil and wholesale gasoline, 2014–2019 Oil, gas, and diesel prices RBOB Gasoline Prices. In 2008, a report by Cambridge Energy Research Associates stated that 2007 had been the year of peak gasoline usage in the United States, and that record energy prices would cause an "enduring shift" in energy consumption practices. [6]
Crude inventories fell by 5.5 million barrels for the week ending Dec. 29, but those figures may reflect supplies from the US making up for crude shipment interruptions stemming from Red Sea tensions.