Thursday, August 3, 2017

US Gasoline Demand Hits New Record? -- August 3, 2017

Coincides with RV sales hitting all-time highs.

RV sales hitting all-time records.

RV sales data, for June, 2017:
  • wholesale shipments: 
    • exceeded 40,000 units for the fourth consecutive month
    • June, 2017: 47,416 units; an increase of 18% yoy
    • June, 2016: 40,072 units
    • 1H17: 256,430 units; up 13% yoy
  • motorhome shipments:
    • June, 2017: up 6% to 5,176 units
    • YTD: up 14% over same period last year; up to 32,786 units, first six months of the year
Compare with total EV sales of 105,000 units in 2017, through July. RV units through June: 256,430 (note, these are wholesale deliveries, not retail sales, I believe)
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Gasoline Demand

It appears US gasoline demand has hit a new record.



Weeks in which gasoline demand exceeded an average of 9.8 million bopd:

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