Friday, August 4, 2023

Gasoline Demand And The WFH Trend -- August 4, 2023

Locator: 45329GASOLINEDEMAND.

WFH: work from home.

Updates

August 5, 2023: from The WSJ -- to attract workers, employers need to offer prospective employees the opportunity to work from home at least one day per week. Link here

Original Post

Gasoline demand, from August 2, 2023:

 This past week, in the weekly EIA petroleum report -- did you all note the weekly gasoline demand chart? Ghastly, and posted by the EIA without comment:


This is simply ghastly ... and again, reported, without comment by anyone.

But, could this explain some of the drop-off in gasoline demand (and, no, it's not yet due to EVs):

Today's employees


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