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Energy Tomorrow Blog

Weak Economy, Weak Gasoline Demand

crude  demand  domestic energy  fuel  prices  domestic petroleum deliveries  gasoline demand  imports 

Jane Van Ryan

Jane Van Ryan
Posted August 20, 2010

The faltering economy appears to be a primary reason for a slight drop in U.S. gasoline demand. According to API's Monthly Statistical Report issued this morning, U.S. gasoline deliveries (a measure of demand) fell by 0.03 percent in July as compared to the same period a year ago. Except for 2008, it was the lowest July gasoline demand figure since 2003.

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Gasoline Demand Slips

crude oil  demand  domestic energy  domestic petroleum deliveries  gasoline  gasoline demand  oil  oil demand  prices  crude oil production  gasoline deliveries 

Jane Van Ryan

Jane Van Ryan
Posted July 23, 2010

Gasoline demand fell for the first six months of 2010, API reported today. According to the Monthly Statistical Report, U.S. gasoline deliveries (a key indicator of demand) averaged 8.88 million barrels per day, 0.6 percent lower than in the same period in 2009. 

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