The Million Dollar Way (The Bakken Oil Blog)
This is not an investment site.
Pages
Welcome
Top Stories
FAQ
Operators
Geo
Minerals
NG
H2
Investors
Themes
BS
Links
Apple
EVs
Tech
M
BIT
PP
WB
Grid
PersInv
ETSC
CHIPS
Future
Titans
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
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.
Newer Post
Older Post
Home
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.