Wednesday, November 30, 2016

Motor Gasoline Demand Falls Below 2015

Today's EIA Report brought the 4 week average for motor gas demand below 2015, confirming the end of the gasoline growth story from the first half of the year.

Motor Gas Supplied has very closely tracked the DOT's monthly report of miles driven over the past few years.  Their data is only current through August, but it suggests we will see a notable decline in miles driven for SEP-NOV when those numbers are released.

Here are the DOT monthly numbers through AUG of this year, and last year's data: