Strong domestic and export demand is outpacing U.S. gasoline production, resulting in stock draws (8/9/2017)

Gasoline production by U.S. refiners and blenders is running at record levels over the first seven months of 2017, with four-week rolling average production well above its five-year average and close to the top of its five-year range. Despite growing domestic and foreign demand leading to draws from gasoline stocks over the past seven consecutive weeks, gasoline inventories also continue to remain above their five-year average levels. ... More »