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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 ...
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 ...
Combined with increasing availability and sales of electric vehicles at the expense of gasoline-powered cars, I expect that gasoline demand will continue to decline about 1% annually over the next ...
The gas price prior to reform was $0.10 US per liter with the quota of 100 liters per month per passenger car. The reform raised the price to $0.40 US per liter and later reduced the ration to 60 liters per month. The price for over-quota consumption and the imported cars were $0.70 US per liter.
On June 15 the Energy Information Association said oil consumption was down 3.5% from a year earlier, but wholesale gasoline demand was up for the first time in several weeks. The price of gas on June 17 was $3.67.5 a gallon, 25.1 cents lower than a month earlier but 96.8 cents above a year earlier. [11]
A home for sale (Getty Images) ... Gas prices flat. From AAA: ... (EIA), gasoline demand rose from 8.16 million b/d last week to 8.48. Meanwhile, total domestic gasoline stocks soared from 231.4 ...
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The US economy also grew faster in the third quarter, up 3.1%. Recently, weekly jobless claims fell to 211,000, down 9,000 from the previous week. That's a key signal for consumer spending, Moody ...