Gasoline production. Note -- this is about gasoline production, not gasoline demand. This is a comment a reader provided at another post regarding gasoline production last week:
Even with the decrease in the amount of oil being refined, gasoline output from our refineries was quite a bit higher, increasing by 789,000 barrels per day to 10,240,000 barrels per day during the week ending September 20th, after our refineries' gasoline output had decreased by 909,000 barrels per day to a nine month low the prior week.
With that big increase in gasoline output, this week's gasoline production was 4.1% higher than the 9,832,000 barrels of gasoline that were being produced daily over the same week of last year.
Weird swings in gasoline production like that are usually due to some kind of adjustment for ethanol blending. In addition, year-over-year comparisons at this time of year are also subject to whatever hurricanes might have been around last September, so pass the grains of salt.
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