U.S. gasoline demand is not going down despite record-high gasoline prices, which have been beating previous all-time highs on a daily basis in the past two weeks. As of May 16, the nationwide average price of a gallon of regular gasoline was $4.483—the highest on record, according to AAA data. That’s up from $4.
328 a week ago, $4.077 a month ago, and a massive jump from $3.044 per gallon on the same day in 2021. Over the past days, U.S. gasoline prices have been setting records day after day. High international crude oil prices, with…Highest Ever U.S. Gasoline Prices Aren’t Destroying Demand
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