US Gasoline Demand -- I Certainly Cannot Explain It -- September 12, 2018

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Title : US Gasoline Demand -- I Certainly Cannot Explain It -- September 12, 2018
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US Gasoline Demand -- I Certainly Cannot Explain It -- September 12, 2018

I've talked about this a lot. I certainly can't explain it -- link here:

"Big number" data suggests that air travel this past travel season (summer 2018) explains why US gasoline demand lagged that of summer 2017. Probably a stretch, but:
  • big number data supports the conjecture (see EIA data this post)
  • the 2018 economy was on fire compared to the economy in 2017, and even the 2017 economy was doing well


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