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Msg  369789 of 371404  at  11/24/2021 9:27:47 AM  by

saintsinneridiot


BLOCKBUSTER demand

According to GasBuddy data, Tuesday US gasoline demand jumped 11.0% from the prior Tuesday and was 13.0% higher than the average of the last four Tuesdays. Last year, Tuesday saw a 6.7% WoW jump vs the Tuesday prior. Blockbuster travel coming?

https://twitter.com/GasBuddyGuy/status/1463509387859922944?s=20

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This is from the head of GasBuddy. Very credible.
This indicates a really high level of travel and I would expect greater numbers on Wed and Friday. With Covid stopping all family get-togthers, everyone wants to be with family.

With demand so high, inventories of gasoline will go down over the next week. Don't forget the EIA data is at the Wholesale level, so as retail outlets restock, the inventories will decrease.


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Msg # Subject Author Recs Date Posted
369824 Re: BLOCKBUSTER demand doomonyou 2 11/24/2021 10:50:54 AM


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