Weekly US Gasoline Demand Update

US gasoline demand continues drop, post-holiday blues

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Weekly demand falls to lowest since May 2021

According to GasBuddy data, weekly total US gasoline demand fell 1.1% from the prior week and was 6.7% below the four week average. Every day but Saturday saw weekly demand lower than the previous week, and Saturday was only up significantly due to the New Year, which was last Saturday.

Broken down by PADD region, US gasoline demand changes from a week ago:

PADD 1 +0.8%

PADD 2 -2.4%

PADD 3 -3.8%

PADD 4 -3.0%

PADD 5 +0.4%

Broken down by PADD region, US gasoline demand changes vs a month ago:

PADD 1 -8.2%

PADD 2 -10.9%

PADD 3 -10.1%

PADD 4 -9.2%

PADD 5 -7.9%

National -8.4%