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AAA reports Gas Demand Rebounds and National Average Sees Slight Increase

 

AAATampa, FL – AAA says in its latest petroleum status report, the Energy Information Administration (EIA) revealed that gas demand increased by 336,000 b/d to 9.8 million b/d.

This latest rate is 158,000 b/d higher than the first week of September 2018, which is surprising as demand generally slows post-Labor Day.

Domestic Gasoline Stocks fell this past week. (AAA)

Domestic Gasoline Stocks fell this past week. (AAA)

EIA’s data also showed that total domestic gasoline stocks fell by 700,000 bbl to 228.9 million bbl last week.

Although demand rebounded to a level seen during a typical summer, cheap crude prices have helped to keep the national average mostly steady this week and 27 cents cheaper than a year ago.

Since Monday, the national average for regular unleaded gasoline has increased by a penny to $2.57.

About The Auto Club Group 

The Auto Club Group (ACG) is the second largest AAA club in North America. ACG and its affiliates provide membership, insurance, financial services and travel offerings to over 9.6 million members across eleven states and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Dakota, Tennessee, Wisconsin, Puerto Rico and the U.S. Virgin Islands; most of Illinois and Minnesota; and a portion of Indiana.

ACG belongs to the national AAA federation with more than 59 million members in the United States and Canada and whose mission includes protecting and advancing freedom of mobility and improving traffic safety.

Motorists can map a route, identify gas prices, find discounts, book a hotel, and access AAA roadside assistance with the AAA Mobile app for iPhone, iPad and Android. Learn more at AAA.com/mobile. Visit AAA on the Internet at AAA.com.

 


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