Daily Energy Report
US gasoline demand, US crude supply cover low, Norway counters oil decline, India LPG from US, China shuns costly LNG imports, US oil/gas rule changes, Fossil fuel boom in Americas, and more.
July 08, 2025
Chart of the Day
EOA: Will US Gasoline Demand Reach a Record High This Summer?
Summary
Several indicators point to increased gasoline demand in recent weeks, as shown in Figure 1. The latest monthly IEA gasoline data was from April. We used weekly data for May and June, and estimated July demand based on historical trends and AAA forecasts of travel.