Friday, June 11, 2021

Gasoline Demand Trend Is Not My Friend (Today) -- June 11, 2021

Re-posting:

71. The number to watch today. WTI at $70.94, 11:15 a.m. CT.

1.5. The other number to watch, the 10-year treasury, now 1.457%, 12:28 p.m. CT. Remember when folks were concerned about 1.6%?

Gasoline demand, link here. The trend is not my friend:

2 comments:

  1. EIA & Gas Buddy seem to be in disagreement....

    ReplyDelete
    Replies
    1. Agree completely; I was seeing the same thing. It's very possible the "real" jump in demand will not be seen until schools open up this fall, late August.

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