 |
Louisiana Light • 2 days | 86.49 | -0.63 | -0.72% | ||
|
Bonny Light • 2 days | 89.32 | +0.45 | +0.51% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% | ||
|
Mars US • 174 days | 77.26 | -1.51 | -1.92% | ||
|
Gasoline • 10 mins | 2.761 | +0.027 | +0.99% |
|
Bonny Light • 2 days | 89.32 | +0.45 | +0.51% | ||
|
Girassol • 2 days | 89.90 | +0.45 | +0.50% | ||
|
Opec Basket • 2 days | 88.45 | +1.94 | +2.24% |
|
Peace Sour • 13 hours | 76.01 | -0.55 | -0.72% | ||
|
Light Sour Blend • 13 hours | 79.06 | -0.55 | -0.69% | ||
|
Syncrude Sweet Premium • 13 hours | 86.01 | -0.55 | -0.64% | ||
|
Central Alberta • 13 hours | 76.41 | -0.55 | -0.71% |
|
Eagle Ford • 2 days | 79.29 | -0.04 | -0.05% | ||
|
Oklahoma Sweet • 2 days | 79.25 | -0.50 | -0.63% | ||
|
Kansas Common • 3 days | 73.50 | +0.50 | +0.68% | ||
|
Buena Vista • 4 days | 87.02 | -0.29 | -0.33% |
The Global Economic System is Reaching Its Limits
The world's economic myths, especially…
Oil Moves Higher on Inventory Draw
Crude oil prices ticked higher…
Gasoline Demand Over Memorial Day Weekend Lower Than In 2022
U.S. gasoline demand over the Memorial Day weekend is estimated to be 1.1% lower than demand for the same weekend last year, despite the surging gas prices at the start of the driving season in 2022, data from fuel-saving app GasBuddy showed early on Tuesday.
"According to GasBuddy data, US gasoline demand over the Memorial Day weekend (Thur-Mon) so far is down 1.1% from 2022. Once Tuesday is complete, we'll add it to see the total weekend," GasBuddy's head of petroleum analysis, Patrick De Haan, said.
On Memorial Day on Monday, gasoline demand in the United States was down by 3.6% compared to Memorial Day 2022, according to GasBuddy data, De Haan noted.
Gasoline prices in the United States were up slightly on Memorial Day, the official start of the summer driving season, though Americans are still paying less at the pump than they were a year ago, or even a month ago.
The national average price for a gallon of gasoline at American pumps on Monday was $3.582, up from $3.540 a week ago, but down from $3.615 a month ago and $4.610 per gallon a year ago, according to AAA.
Forecasters had expected Memorial Day gasoline demand to increase by 6% year-over-year for 2023, predicting that more than 37 million Americans will have hit the roads over the extended holiday weekend.
While GasBuddy estimates weaker demand this Memorial Day weekend compared to last year, the Transportation Security Administration (TSA) said on Tuesday that the number of airline passengers during the Memorial Day weekend exceeded pre-Covid levels from 2019 by 300,000.
Over the four-day Memorial Day weekend, TSA screened almost 9.8 million individuals at airports nationwide, which is about 300,000 higher than the same holiday weekend in 2019. Friday's final volume of about 2.74 million passengers screened was the highest post-pandemic single-day record, TSA said.
ADVERTISEMENT
By Tsvetana Paraskova for Oilprice.com
More Top Reads From Oilprice.com:
- Petrobras Launches New Commercial Portfolio For Natural Gas
- Today’s Election In Alberta Could Shape Canada’s Climate Policies For Years
- Norway Looks To Ramp Up Exploration In Arctic Waters
Tsvetana Paraskova
Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.
Related posts
-
![]()
George Doolittle on May 30 2023 said:EGO battery electric lawn care etc market disruption *BIG TIME* now too long Lowe's strong buy plus $f Ford partnering with Tesla being dwelled on i imagine. Hybrid drive system for US Army Bradley IFV replacement made by Allison as well all fast tracked because Putin Russia Ukraine War #still_attacking #war_crimes
George Doolittle on May 30 2023 said:
Open57.81
Trading Vol.6.96M
Previous Vol.241.7B
