Total domestic petroleum deliveries, a measure of U.S. petroleum demand, at 18.5 million bpd declined 0.3% in April versus the same month in 2011, though both gasoline and distillate demand for the period edged higher, the American Petroleum Institute reported in its latest Monthly Statistical Report released on Friday (5/18).
Gasoline deliveries at 8.8 million bpd in April gained 0.9% versus the comparable period in 2011. For the first four months of the year, gasoline demand was up 0.3% compared to a year ago. API reported that for both the month and year to date, conventional gasoline demand was up and reformulated gasoline demand was down. Reformulated gasoline is mostly used in urban areas and conventional is used in more rural areas.