AAA reports National Gas Price Average Stabilizes
August 20, 2021
Washington, D.C. – New data from the Energy Information Administration (EIA) showed that gas demand and supply decreased.
Moving from 9.78 million b/d to 9.43 million b/d last week, the latest demand measurement is 500,000 b/d lower than the rate at this time in 2019, signaling that summer gas demand is likely softening as the school year starts and concerns about transmission of COVID-19 Coronavirus grow as infection rates continue to increase.
Gas Demand and Supply Dip as Pump Prices remain High but Steady. (AAA)
