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Tag: gasoline demand


Commercialization, Conventional Fuels

Oil prices rise, on pace for more than 25% gain this week

May 7, 2020

Via: CNBC energy

Oil jumped on Thursday and was on track for one of its best weeks in history as a number of bullish factors supported prices, including U.S. companies cutting production, Saudi Arabia raising its official oil selling price and gasoline demand […]


Commercialization, Conventional Fuels

Oil Headed To $10 A Barrel As Virus Lockdown Eradicates Fuel Demand

March 26, 2020

Via: Forbes

Oil prices have collapsed by more than half this year, to $23 per barrel today for West Texas Intermediate crude. But now is not yet the time to buy oil — because the worst is yet to come. Gasoline demand […]


Domestic, Energy Consumption

U.S. Gasoline Demand Reaches Record Levels

July 22, 2016

Via: Forbes

Last week the Energy Information Administration (EIA) released its most recent Short Term Energy Outlook (STEO), and the forecast now calls for record U.S. gasoline consumption this year: Motor gasoline consumption is forecast to increase by 130,000 b/d (1.5%) to 9.29 […]


Domestic, Energy Consumption

U.S. Gasoline Demand Is Likely to Slide

June 20, 2016

Via: WSJ

Electric cars are poised to reduce U.S. gasoline demand by 5% over the next two decades—and could cut it by as much as 20%—according to a new report being released Monday by energy consulting firm Wood Mackenzie. The U.S., which currently uses more than nine […]