GasBuddy Sees U.S. Gasoline Demand Rising ...Middle East

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GasBuddy Sees U.S. Gasoline Demand Rising
source : OILPRICE ( Middle East ) () 17
U.S. gasoline demand increased slightly last week by 1.1% WoW as per GasBuddy, giving hope to the bulls that demand will not fall off a cliff as earlier feared. Gas prices have also continued to climb, with the national average currently at $3.825 per gallon compared to $3.538 a month ago as per AAA. The Energy Information Administration (EIA) has reported that last week, U.S. crude inventories fell by 17 million barrels, the largest single week drop on record. Inventories have now declined to 440 million barrels, 1% below the…

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