The US Energy Information Administration’s (EIA) short-term forecasts of US gasoline consumption, which cover the current and upcoming calendar year, have risen 1.6% over the past year.
The latest Short-Term Energy Outlook (STEO) expects 2014 gasoline consumption to be 8.82 million barrels per day (135.2 billion gallons). This is 0.13 million barrels per day (2 billion gallons) higher than last November’s forecast, which was close to the average 2014 consumption forecast across the 12 editions of STEO published in 2013.


