The consumption of gasoline in the United States amounted to some 8.98 million barrels per day in September 2024. In the period of consideration, gasoline consumption reached its highest four-week average in July 2024.
Gasoline production and sales
Despite the U.S. reporting a decrease in domestic motor gasoline refinery production in recent years, the gasoline market has been thriving, with gasoline sales across various stations in the country totaling 654 billion U.S. dollars in 2023. Meanwhile, real gasoline prices for end users climbed to around 1.4 real U.S. dollars per gallon.
Gasoline vs diesel
Both diesel and gasoline are derived from crude oil. Gasoline, however, undergoes a more extensive refining process, resulting in a more volatile compound compared to diesel. This characteristic accelerates the combustion of gasoline, yielding greater horsepower in practical applications. However, diesel is still extensively used in the U.S. The average consumption of diesel fuel in the United States stood at 3.74 million barrels per day in September 2024.
Average supply of finished motor gasoline in the United States from September 2022 to September 2024
(in million barrels per day)
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EIA. (September 11, 2024). Average supply of finished motor gasoline in the United States from September 2022 to September 2024 (in million barrels per day) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1320443/average-monthly-us-gasoline-consumption/
EIA. "Average supply of finished motor gasoline in the United States from September 2022 to September 2024 (in million barrels per day)." Chart. September 11, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1320443/average-monthly-us-gasoline-consumption/
EIA. (2024). Average supply of finished motor gasoline in the United States from September 2022 to September 2024 (in million barrels per day). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1320443/average-monthly-us-gasoline-consumption/
EIA. "Average Supply of Finished Motor Gasoline in The United States from September 2022 to September 2024 (in Million Barrels per Day)." Statista, Statista Inc., 11 Sep 2024, https://www.statista.com/statistics/1320443/average-monthly-us-gasoline-consumption/
EIA, Average supply of finished motor gasoline in the United States from September 2022 to September 2024 (in million barrels per day) Statista, https://www.statista.com/statistics/1320443/average-monthly-us-gasoline-consumption/ (last visited November 22, 2024)
Average supply of finished motor gasoline in the United States from September 2022 to September 2024 (in million barrels per day) [Graph], EIA, September 11, 2024. [Online]. Available: https://www.statista.com/statistics/1320443/average-monthly-us-gasoline-consumption/
