U.S. fuel consumption in July reached the highest level for the month in three years, the American Petroleum Institute said.
U.S. fuel consumption in May increased to the highest level for the month since 2008 as the economy grew, the American Petroleum Institute said.
U.S. gasoline production climbed to an all-time high in April as fuel exports surged, the American Petroleum Institute said in a monthly report.
U.S. fuel consumption edged higher in January from a year earlier, as winter storms curbed demand growth, according to the American Petroleum Institute.
The U.S. oil industry, riding a domestic energy boom, is preparing to challenge restrictions on crude exports, possibly by arguing that limits designed to keep petroleum in America may violate international trade rules.
"The gap between U.S. petroleum production and demand continued to trend higher last month."
- John Felmy on Oct 17, 2014
API’s Felmy Sees More Oil Demand, Defends Fracking