Weekly US Gasoline Demand Update
Gasoline demand jumps as winter storms ease
According to GasBuddy data, weekly total US gasoline demand rose 6.4% from the prior week and was 1.8% above the four week rolling average. Broken down by day, the first three days of the week saw demand level off after spiking the prior week. Sunday was down 0.4% from the prior, while Monday was down 10.0% and Tuesday down 15.2%. Demand then bounced back for the second half of the week with Wednesday up 4.9% from the prior Wednesday, Thursday jumped 34.3% from the prior Thursday with Friday up 30.1% from the prior Friday and Saturday down 10.1%.
Broken down by PADD region, US gasoline demand changes from a week ago:
PADD 1 +4.7%
PADD 2 +7.0%
PADD 3 +11.0%
PADD 4 +2.1%
PADD 5 +2.4%
Broken down by PADD region, US gasoline demand changes vs a month ago:
PADD 1 -1.4%
PADD 2 +0.4%
PADD 3 +2.0%
PADD 4 +2.1%
PADD 5 +9.5%
National +1.9%
