Diesel Fuel Demand Up, Gasoline Fuel Demand Down

Diesel Fuel Demand Up, Gasoline Fuel Demand Down

• May 24, 2011
• John Keller
• 0

The American Petroleum Institute reported that in April 2011, total demand for distillate fuel rose 15 percent to 4.27 million barrels a day, while consumption of ultra-low sulfur diesel fuel increased 26 percent to average 3.42 million barrels a day.

Gasoline pump prices rose 6.6 percent last month, which slowed demand 2.2 percent to 8.91 million barrels a day from the same month last year.

Fuel demand increased in April as economic growth fueled diesel consumption by truckers, Bloomberg reports.

This article was reported by NACSOnline here.

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