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API reports record US petroleum production in April: 10.543 million b/d; strongest April demand since 2007

Green Car Congress

April saw the US produce a record 10,543,000 barrels per day (MBD) of oil, according to data from the American Petroleum Institute. This was the strongest April monthly demand since 2007. Consumer gasoline demand, as measured by total motor gasoline deliveries, of 9.3 Domestic WTI crude oil prices averaged $66.25

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API: US petroleum demand last month highest for October since 2007; 19.9 mbpd

Green Car Congress

These were the highest October deliveries since 2007. Gasoline production was up from the prior month, but was down from the prior year and the prior year-to-date. Gasoline production was up from the prior month, but was down from the prior year and the prior year-to-date. For year-to-date, gasoline production decreased 1.5%

2007 186
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US exports of petroleum products up more than 60% since 2007 as markets become more globally integrated

Green Car Congress

Total US exports of finished petroleum products have increased more than 60% since 2007 as markets have become more globally integrated, according to the US Energy Information Administration (EIA). This trend is driven primarily by finished motor gasoline and distillate fuel oil which are increasingly exported to Latin America.

2007 273
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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

Green Car Congress

Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets.

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US gasoline deliveries in July highest on record

Green Car Congress

Total motor gasoline deliveries—a measure of consumer gasoline demand—in the US in July moved up 2.4% Compared with June 2016, total motor gasoline deliveries increased 0.3%. For year-to-date, total motor gasoline deliveries increased 2.5% For year-to-date, total motor gasoline deliveries increased 2.5%

Gasoline 150
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US total petroleum demand up in September year-on-year; highest September gasoline deliveries on record

Green Car Congress

These September deliveries were the highest deliveries for the month in nine years, since 2007. Gasoline deliveries in September were up from the prior year, the prior year’s third quarter, and the prior year to date, but were down from the prior month. Total motor gasoline deliveries, a measure of consumer gasoline demand, moved up 1.1%

Gasoline 150
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US demand for petroleum, gasoline rose in January; highest January deliveries since 2008

Green Car Congress

Total motor gasoline deliveries, a measure of consumer gasoline demand, rose 1.4% million barrels per day, the highest January demand since 2007. Crude oil production decreased 1.4% Crude oil imports increased 8% from January 2015 to 7.7 Gasoline production averaged nearly 9.5 Motor gasoline stocks rose 5.5%

2008 150