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The EIA on Tuesday lowered its forecast for U.S. distillate fuel demand, which includes diesel and heating oil, to 3.83 million barrels a day, about 1% below its prior forecast and a 2.3% decline ...
“When US gasoline prices soared over $5 per gallon in June 2022, consumers were spending about $1.9 billion per day. ... The Energy Information Administration forecasts gasoline will average $3. ...
Gasoline prices are certain to go $0.25 to $0.50 lower, says one oil analyst. ... Gasoline demand dropped from about 9.46 million barrels a year ago to 8.78 million barrels in the last four weeks ...
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 ...
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 ...
Gasoline demand in the US is expected to fall next year to the lowest level since 2004. ... “We forecast the average person in the United States will consume 402 gallons of gasoline in 2024 ...
The complex interplay between the transition, policy, economic performance and consumer preferences have made it harder than ever to forecast gasoline demand. Those forecasts are important for oil ...
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.