The 4-week moving average of gasoline supplied to the U.S. market now down less than 20% compared to 2019. There is more good news on the state of economic activity as data from the U.S. Energy Information Administration (EIA) showed gasoline consumption up as the economy continues to open. For the week ending June 19 […]
Gas Consumption Up Over 4% for Week Ending June 5
Government statistics continue to show week over week improvements, but the 4-week moving average is still down over 20% compared to 2019. There is more good news on the state of economic activity as for the third straight week and eight of the last nine weeks, data from the U.S. Energy Information Administration (EIA) showed […]
Gas Consumption Up 11% Last Week
Government statistics continue to show dramatic improvements, but weekly consumption is still down over 20% from mid-March levels. There is more good news on the state of economic activity as for the third straight week, data from the U.S. Energy Information Administration (EIA) showed gasoline consumption increased by more than 10% versus the previous week. […]
Gas Consumption Jumped Over 13% Last Week
Government statistics showed dramatic improvements as states began reopening, but weekly consumption is still significantly below mid-March levels. There is more good news on the state of economic activity as for the second straight week, data from the U.S. Energy Information Administration (EIA) showed gasoline consumption increased by more than 10% over the previous week. […]
Traffic Volume and Gas Consumption Increased Last Week
Connected car traffic volume and government gasoline statistics continued to improve as states start reopening process. Data from both INRIX on traffic volume and the U.S. Energy Information Administration (EIA) point towards an increase in traffic for the week ending April 24. Last week, we reported that both gasoline consumption and traffic volume appeared to […]
U.S. Gasoline Consumption Up Last Week
More good news as government data shows gasoline consumption increased during the week ending April 17. Data from the U.S. Energy Information Administration through April 17 showed gasoline consumption showed a substantial percentage increase after being up slightly the week before. Gasoline had seen massive drops in demand for three straight weeks. Gasoline consumption for […]
U.S. Weekly Gasoline Consumption Stabilized Last Week
After three weeks of massive declines, some good news as government data shows gasoline consumption ticked up slightly during the week ending April 10. Data from the U.S. Energy Information Administration through April 10 showed gasoline consumption stopped declining after several weeks of massive drops in demand. As CollisionWeek previously reported, gasoline consumption through the […]
U.S. Weekly Gasoline Consumption Down Nearly Half Through April 3
Government data shows gasoline consumption down over 47% compared to March 13. Data from the U.S. Energy Information Administration through April 3 showed gasoline consumption declined nearly 50 percent from mid-March. As can be expected given the growth in stay-at-home orders in states across the U.S., the decline in the volume of gasoline supplied to […]
AAA Reports Gasoline Demand at All Time High
According to AAA gasoline demand is soaring to new heights. In its latest reading covering the week ending Aug. 9, the Energy Information Administration (EIA) recorded demand at 9.93 million b/d, the highest since the agency began recording data in 1991. As demand jumped, gasoline stocks fell by 1.4 million bbl and pump prices slowed […]
AAA Reports Drivers Less Concerned over Increasing Gas Prices
AAA reports that the price at which half of consumers believe gas prices are too high has increased 50 cents over the last four years to $3.00 per gallon from $2.50 in 2016. This year’s result is up from $2.70 in 2018 and $2.80 in 2017. “For consumers today, paying more to fill-up their gas […]