The EIA said weekly gasoline demand in the United States hit a record high

According to foreign media news, data released by the U.
S.
Energy Information Administration on Wednesday showed that U.
S.
gasoline demand (measured by product supply) hit a record high
in the week ended June 8.

In the first full week of June, gasoline supply was reported at 9.
879 billion b/d, the highest figure
in data dating back to 1991.
The previous all-time high came earlier this year, when it reported production of 98.
57 million barrels
per day in the week ended April 13.

U.
S.
gasoline inventories are expected to fall by 2.
27 million barrels this week to 236.
763 million barrels, down about 2.
3 percent
from a year earlier, amid strong demand.
Despite the rise in U.
S.
gasoline imports, U.
S.
gasoline inventories have declined
.
U.
S.
gasoline imports rose to 824,000 barrels per day in the week ended June 1
, the U.
S.
Energy Information Administration said.

In addition to strong demand, higher U.
S.
gasoline imports may not lead to an increase in fuel inventories, as gasoline exports rose by 69,000 barrels per day to 607,000 barrels
per day.
Data from the U.
S
.
Energy Information Administration (EIA) showed that this was the highest export volume since the first week of June since 2010.

Interestingly, despite higher prices than historical standards, demand in the United States is at an all-time high
.