Energy
US Summer Gasoline Usage Off to Stronger-Than-Expected Start
Demand for gasoline in May jumped to the highest since 2019.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Demand for gasoline in the US jumped to the highest since 2019 in May, a sign the summer driving season started off stronger than initial figures had shown.
The amount of finished motor gasoline supplied — a proxy for demand — jumped to 9.396 million barrels a day, according to monthly estimates from the US Energy Information Administration. That’s the highest since August 2019, the summer before the Covid pandemic lockdowns.