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Wednesday, June 13, 2018
Gasoline Demand In The US Hits An All-Time Record -- June 13, 2018
From the EIA
, thousand bbls gasoline/day:
Back of envelope calculations:
One year ago:
2nd week, June, 2017, one year ago: 9,269
peak, summer, 2017, one year ago: 9,846
(9846-9269)/9269 = 6.2%
Extrapolating forward:
2nd week, June, 2018, most recent data: 9,879
9,879 * 1.062 = 10,491 thousands bbls gasoline/day
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